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Neurotech Devices Market Share

  • Report ID: GMI4559
  • Published Date: Nov 2023
  • Report Format: PDF

Neurotech Devices Market Share

The neurotech devices industry is consolidated, with key players such as Medtronic plc, Abbott Laboratories, and few others dominating the market space. These companies focus on ongoing product innovation, geographical expansion, and partnerships to secure substantial market share. For instance, Abbott’s Infinity deep brain stimulator (DBS) devices is the world's first and only DBS system operating on an iOS software platform with Bluetooth wireless technology. Therefore, introduction of such products helps the company in strengthening its product portfolio coupled with sustaining its market position.
 

Some of the eminent market participants operating in the neurotech devices industry include:

  • Abbott Laboratories
  • Advanced Bionics AG (Sonova)
  • Boston Scientific Corporation
  • BrainCo, Inc
  • Cochlear Limited
  • Control Bionics, Inc
  • LivaNova PLC
  • Medtronic plc
  • Nihon Kohden Corporation
  • Natus medical Incorporated
  • Integra LifeSciences
  • Blackrock Microsystems
  • NeuroSigma, Inc.
  • NeuroVigil Inc.
  • Neuralink Corp.
Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Nootropic Supplements industry was valued at around USD 2,000 million in 2022 and is estimated to reach USD 4,796 million by the end of 2032, driven by increasing consumer awareness of cognitive health and performance enhancement.

Memory enhancement segment is anticipated to grow at 8.7% CAGR through 2032, attributed to the growing demand for products targeting cognitive performance and memory retention among students, professionals, and older adults.

North America market was worth USD 690.5 million in 2022 and is anticipated to expand at a significant pace from 2023-2032, driven by the increasing consumer awareness of cognitive health, a thriving wellness culture, and the presence of prominent players in the region.

Double Wood Supplements, Onnit Labs, Mental Mojo, Life Extension, Thorne Research, Mind Lab Pro, Gaia Herbs, TruBrain , Solaray, HVMN (Nootrobox Inc), Zhou Nutrition, and Kimera Koffee.

Neurotech Devices Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 241
  • Countries covered: 22
  • Pages: 195
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