Peripheral Nerve Stimulators Market 2025: Detailed Insights into Market Size and Future Growth

24 Apr, 2025

The Peripheral Nerve Stimulators Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.

What are the Historical Growth Trends in the Peripheral Nerve Stimulators Market?

The market size of the Peripheral Nerve Stimulators Global Market Report 2025 has seen strong growth recently. The market is projected to rise from $0.70 billion in 2024 to $0.77 billion in 2025, showing a compound annual growth rate (CAGR) of 9.35%.

What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Peripheral Nerve Stimulators Industry?

The Peripheral Nerve Stimulators Global Market is projected to reach a worth of $1.08 billion in 2029, with a compound annual growth rate (CAGR) of 8.98%.

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What are the Key Growth Drivers Fueling the Peripheral Nerve Stimulators Market?

The key drivers in the peripheral nerve stimulators market are:

•Favorable regulatory policies and government initiatives
•Increasing preferences for outpatient and home-based treatments
•A growing number of pain management clinics
•Rising demand for customized Peripheral Nerve Stimulators devices

Global Market Segmentation: Identifying Major Peripheral Nerve Stimulators Industry Segments

The peripheral nerve stimulators market covered in this report is segmented –
1) By Product: Transcutaneous, Percutaneous, Implantable
2) By Device: Stimulators, CPNB Catheters, Pain Pumps, Other Devices
3) By Mode of Purchase: Disposable Devices, Rechargeable Devices
4) By Application: Hospitals, Physiotherapy Centers, Ambulatory Surgical Centers, Clinics, Other Applications Subsegments:
1) By Transcutaneous: TENS (Transcutaneous Electrical Nerve Stimulation) Units, Surface Electrodes
2) By Percutaneous: Single-Needle Percutaneous Stimulators, Multi-Needle Percutaneous Stimulators, Radiofrequency Percutaneous Stimulators
3) By Implantable: Spinal Cord Stimulators (SCS), Peripheral Nerve Stimulation (PNS) Devices, Neurostimulator Implants

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What are the emerging Trends Shaping the Future of the Peripheral Nerve Stimulators Market?

The key trends in the peripheral nerve stimulators market are:

•One emerging trend is the development of wireless peripheral nerve stimulators.
•Remote monitoring of PNS devices through mobile apps integration is shaping the market.
•The introduction of wearable, non-invasive PNS devices is an up-and-coming trend.
•The market is seeing a trend towards advanced PNS systems with AI-powered pain management features.

Who Are the Top Competitors & Leading Players in the Peripheral Nerve Stimulators Market?

Major players in the peripheral nerve stimulators market are:

• Abbott Laboratories
• Medtronic plc
• Boston Scientific Corp.
• Globus Medical Inc.
• Livanova plc
• Nevro Corp.
• Axonics Modulation Technologies
• Saluda Medical Pty Ltd.
• Stimwave Technologies Incorporated
• Nalu Medical Inc.
• Bioness Inc.
• SPR Therapeutics Inc.
• Neuspera Medical Inc.
• B. Braun Melsungen AG
• NeuroMetrix Inc.
• BioElectronics Corporation
• Soterix Medical Inc.
• Xavant Technology Pty Ltd.
• Neurostimulation Technologies
• STIM Systems

Regional Dominance: Which Area Leads the Global Template Market?

North America was the largest region in the peripheral nerve stimulators market in 2024