The Peripheral Nerve Repair Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The market size of peripheral nerve repair devices has seen substantial growth in the past and is projected to increase from $6.17 billion in 2024 to $6.72 billion in 2025, with a compound annual growth rate (CAGR) of 8.9%.
By 2029, the global market for peripheral nerve repair devices is expected to grow to $9.34 billion, with a compound annual growth rate (CAGR) of 8.6%.
Download Your Free Sample of the 2025 Peripheral Nerve Repair Devices Market Report and Uncover Key Trends Now!The key drivers in the peripheral nerve repair devices market are:
•Rising prevalence of nerve injuries
•Growth in the occurrence of neurological disorders
•Rising emphasis on patient-centric solutions
•Surging demand for efficient treatment options
The peripheral nerve repair devices market covered in this report is segmented –
1) By Type: Nerve Grafts, Nerve Protectors, Nerve Conduit
2) By Application: Extremity Trauma, Breast Neurotization, Carpal And Cubital Tunnel Revision, Oral And Maxillofacial
3) By End-User: Hospitals, Ambulatory Surgical Centers, Clinics
Subsegments:
1) By Nerve Grafts: Autografts, Allografts, Xenografts, Synthetic Nerve Grafts
2) By Nerve Protectors: Nerve Wrapping Devices, Nerve Repair Gels And Films, Nerve Protection Matrices, Biodegradable Nerve Protectors
3) By Nerve Conduit: Hollow Nerve Conduits, Collagen-Based Nerve Conduits, Silicone-Based Nerve Conduits, Tubular Nerve Conduits, Biodegradable Nerve Conduits
The key trends in the peripheral nerve repair devices market are:
•The market is headed towards further technological advancements.
•Launch of new and innovative products is an emerging trend.
•Increased regulatory approvals are significantly influencing the market.
•Partnerships and collaborations are a growing trend in the peripheral nerve repair devices sector.
Major players in the peripheral nerve repair devices market are:
• Abbott Laboratories Inc.
• Medtronic Plc
• Stryker Corporation
• Baxter International Inc.
• Boston Scientific Corporation
• Terumo Corporation
• Teleflex Incorporated
• Integra LifeSciences Holdings Corporation
• LivaNova PLC
• Nevro Corp.
• KLS Martin Group
• Axonics Modulation Technologies Inc.
• Axogen Corporation
• Toyobo Co. Ltd.
• NeuroPace Inc.
• SPR Therapeutics Inc.
• Biotronik
• Neuraptive Therapeutics Inc.
• Synovis Micro Companies Alliance Inc.
• Synapse Biomedical Inc.
Asia-Pacific was the largest region in the peripheral nerve repair devices market in 2024