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Neuromodulation Market to be Worth $6.8 Billion Globally by 2017


N2 – Background: Tinnitus affects 10% of the population, its pathophysiology remains incompletely understood, and treatment is elusive. For many of these patients with treatment-resistant or pharmacoresistant depression, treatment with neuromodulation offers an alternative. In the current study, the effect of theta-burst stimulation (TBS), a novel rTMS paradigm was investigated in chronic tinnitus. Transcranial direct current stimulation intensity and duration effects on tinnitus suppressionGS Shekhawat, CM Stinear, GD Searchfield. The global neuromodulation market is estimated at $3.65 Billion in 2015, and is projected to reach $6.20 Billion by 2020, at a CAGR of 11.2% during the forecast period. The method of claim 1, wherein one or a plurality of targets are selected from the group consisting of Orbito-Frontal Cortex, Dorsal Anterior Cingulate Gyms, Insula, Nucleus Accumbens, and Globus Pallidus. The neuromodulation technique acts directly upon nerves or the target area where the activity of nerves is altered due to biological responses produced by electrical stimulation or drug infusion.

59; pp. These precisely placed leads are connected by means of an extension cable to a pulse generator to generate electrical stimulation. He has developed “burst” and “noise” stimulation as novel stimulation designs for implants, and is working on other stimulation designs. Some of the major players in the global market include Medtronic, Inc. The rationale for this treatment is that whereas a single rTMS session induces an early long-term potentiation of the targeted cortical area (short-term neuromodulation), cumulative rTMS sessions induce widespread late long-term potentiation across multiple neural circuits (Noda et al., 2013). The large pool of patients that suffer from depression, stroke, anxiety disorders, lower back pain, urinary incontinence, and tremor offers the neuromodulation industry opportunities to grow in the next five years. It can thus be useful not only to measure the net activity modulation induced by TMS in given locations, but also the degree to which the network properties are affected by TMS, via any observed changes in functional connectivity.

According to the American Tinnitus Association, about 50 million people currently (2012) suffer from this disease in the U.S. A transcranial magnetic stimulation to treat tinnitus has been attempted by many researchers around the world. Over the past decade, a growing body of literature supports antidepressant effects of TMS in depression beyond simply that of “sham” or placebo TMS, but the magnitude and clinical relevance of these antidepressant effects remains a matter of some controversy.4 In addition to depression, there is active research investigating the utility of TMS in a number of other neuropsychiatric disorders including schizophrenia, bipolar disorder, posttraumatic stress disorder, and obsessive compulsive disorder. We review noninvasive neuromodulation techniques including transcranial magnetic stimulation, transcranial direct current stimulation, transcutaneous electrical nerve stimulation, and cortical neurofeedback, as well as invasive neuromodulation techniques including auditory cortex stimulation, dorsolateral prefrontal cortex stimulation, subcutaneous occipital nerve stimulation, and deep brain stimulation, as potential treatments of tinnitus. (U.S.), and BioControl Medical (Israel). The key players in the neuromodulation market are Medtronic, Inc. (U.S.), Cyberonics, Inc.

This proportion decreased to 22.6% after 6 months. Jude Medical (U.S.), Enteromedics, Inc (U.S.), Neuropace, Inc (U.S.), Zynex, Inc (U.S.) and Neuronetics, Inc (U.S.). The emerging players in this market are Functional Neuromodulation, Ltd (U.S.), Microtransponder (U.S.), and Neurosigma, Inc (U.S.). ReportsnReports.com provides market research reports to industries, individuals and organizations with an objective of helping them in their decision making process. (U.S.), and Neuronetics (U.S.). This comprehensive collection of market research reports include market share analysis, industry analysis, information on products, countries, market size, trends, business research details and much more. Our research specialists & industry experts, through our market research offerings, ensure we deliver on all your business & industry research requirements – first time and every time!