U.S. Peripheral Nerve Injuries Market

U.S. Peripheral Nerve Injuries Market Size, Share, Growth Analysis, By Products/Therapies Outlook(Nerve Grafting, Autograft, Allograft, Stem Cell Therapy), By Surgery(Direct nerve repair, Nerve Grafting, Stem Cell Therapy, Carpal Tunnel Release), By Application(Upper Extremities, Lower Extremities), By End-use(Hospitals, Clinics, Ambulatory Surgical Centers, Others), By Region/Country(Northeast, Southeast, Midwest, Southwest) - Industry Forecast 2024-2031

Report ID: UCMIR35I2318 | Region: Regional | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

U.S. Peripheral Nerve Injuries Market Insights

Market Overview:

The market for peripheral nerve injuries in the United States had a value of $406.23 million in 2022, and it is anticipated to experience a compound annual growth rate (CAGR) of 7.32% between 2023 and 2030. This growth can be attributed to various factors, including the increasing elderly population, a growing demand for minimally invasive procedures, advancements in surgical techniques and tools, and rising awareness among healthcare professionals and patients regarding peripheral nerve injuries. Additionally, the market is expected to benefit from increased funding from both private and public organizations. For example, in September 2019, Renerva, LLC, a medical device company specializing in innovations for peripheral nerve injuries, secured $500,000 in funding from the National Institute of Health (NIH) and the National Science Foundation (NSF).

U.S. Peripheral Nerve Injuries Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Pharmaceuticals by segment aggregation, the contribution of the Pharmaceuticals in Pharmaceuticals, Biotechnology & Life Sciences and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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The market for U.S. Peripheral Nerve Injuries was estimated to be valued at US$ XX Mn in 2021.

The U.S. Peripheral Nerve Injuries Market is estimated to grow at a CAGR of XX% by 2028.

The U.S. Peripheral Nerve Injuries Market is segmented on the basis of Products/Therapies Outlook, Surgery, Application, End-use, Region/Country.

Based on region, the U.S. Peripheral Nerve Injuries Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the U.S. Peripheral Nerve Injuries Market are , Axogen Corporation, Stryker/Collagen Matrix/Polyganics BV, Integra Lifesciences Corporation, Toyobo Co., Ltd., Alafair Bioscience, Synovis Micro Companies Alliance, Inc. (Baxter International, Inc.).

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U.S. Peripheral Nerve Injuries Market

Product ID: UCMIR35I2318