Global Vagus Nerve Stimulation Market Size & Outlook
Global vagus nerve stimulation market, 2018-2030 (US$M)
Related Markets
Global vagus nerve stimulation market highlights
- The global vagus nerve stimulation market generated a revenue of USD 479.1 million in 2023 and is expected to reach USD 970.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 10.6% by 2030.
- In terms of segment, implantable vns device accounted for a revenue of USD 282.2 million in 2023.
- External VNS Device is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Denmark is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 479.1 million |
| Market revenue in 2030 | USD 970.6 million |
| Growth rate | 10.6% (CAGR from 2023 to 2030) |
| Largest segment | Implantable vns device |
| Fastest growing segment | External VNS Device |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable VNS Device, External VNS Device |
Other key industry trends
- In terms of revenue, the North America accounted for 59.5% of the global vagus nerve stimulation market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Denmark is the fastest growing regional market and is projected to reach USD 5.9 million by 2030.
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Vagus Nerve Stimulation Market Scope
Vagus Nerve Stimulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Parasym | View profile | 1-10 | London, England, United Kingdom, Europe | https://www.parasym.co/ |
| MicroTransponder | View profile | 11-50 | Dallas, Texas, United States, North America | http://microtransponder.com |
| Cerebral | View profile | 1001-5000 | San Francisco, California, United States, North America | https://cerebral.com |
| ElectroCore Inc | View profile | 62 | 200 Forge Way, Suite 205, Rockaway, NJ, United States, 07866 | https://www.electrocore.com |
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
Global vagus nerve stimulation market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to vagus nerve stimulation market will help companies and investors design strategic landscapes.
Implantable vns device was the largest segment with a revenue share of 58.9% in 2023. Horizon Databook has segmented the Global vagus nerve stimulation market based on implantable vns device, external vns device covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Vagus Nerve Stimulation Product Outlook (Revenue, USD Million, 2018-2030)
- External VNS Device
- Implantable VNS Device
- Global Vagus Nerve Stimulation Application Outlook (Revenue, USD Million, 2018-2030)
- Migraine
- Depression
- Epilepsy
- Global Vagus Nerve Stimulation Biomaterials Outlook (Revenue, USD Million, 2018-2030)
- Ceramic Biomaterial
- Polymeric Biomaterial
- Metallic Biomaterial
- Global Vagus Nerve Stimulation End Use Outlook (Revenue, USD Million, 2018-2030)
- Ambulatory Surgical Centers
- Hospitals
- Neurology Clinics
- Research Centers
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Horizon Databook provides a detailed overview of global-level data and insights on the Global vagus nerve stimulation market , including forecasts for subscribers. This global databook contains high-level insights into Global vagus nerve stimulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global vagus nerve stimulation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Vagus nerve stimulation market size, 2023 (US$M)
Global vagus nerve stimulation market share, by product, 2023 & 2030 (%, US$M)
Vagus nerve stimulation market: Opportunity assessment by country
Global vagus nerve stimulation market, by region, 2023 (US$M)
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