Registering a CAGR of 27.2% over the forecast period, the market value of Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product is expected to reach US$ 215.98 million in the year 2027.
Nerves carry both motor and sensory messages throughout the body, and physical damage to a peripheral nerve or a failure to reconnect nerves adequately can result in muscular function and/or feeling loss. Nerve injury can occur in a variety of ways. When a nerve is cut as a result of a traumatic injury or surgery, the nerve's functionality is affected, and the nerve's ability to convey signals from the brain to the muscles and skin is reduced or eliminated. Nerve injury or discontinuity of this nature usually necessitates surgical intervention. Global top three manufacturers hold a share over 90%. Americas is the largest market, with a share over 70%, followed by Europe and Asia-Pacific, both have a share over 35%. In terms of product, Nerve Conduit is the largest segment, with a share over 60%. And in terms of application, the largest application is Direct Nerve Repair, followed by Nerve Protection.
The report aspects discussed the profile of the top manufacturers of the global Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product market. These aspects include financial status of major companies, trending advancements and entire market scenario. Growth of the report have examined Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market production, demand and growth potential, geographic analysis, as well as current market developments in various regions and countries.
Integra LifeSciences Launches NeuraGen® 3D Nerve Guide Matrix
March 22, 2022 -- Integra LifeSciences Holding Corporation (Nasdaq: IART), a leading global medical technology company and pioneers in nerve repair, today announced the launch of NeuraGen® 3D Nerve Guide Matrix, a resorbable implant for the repair of peripheral nerve discontinuities. NeuraGen 3D is a nerve repair product specifically engineered to create an optimized environment that may allow for a more complete functional recovery following mid-gap nerve repair when compared to hollow nerve conduits alone.
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
By Application, it is segmented into
North America held the leading position, owing to its well-developed healthcare industry, presence of leading medical diagnostics manufacturers, and rise in number of patients suffering from Alzheimer’s disease & other neurological disorders. However, Asia-Pacific is anticipated to grow at a highest rate with the increase in number of patients suffering from chronic diseases and rise in government initiatives for the improvement of healthcare facilities. Mexico is expected to grow at the highest CAGR during the forecast period, owing to developments in the healthcare facilities and the rise in number of patients.
The Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 27.2% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | AxoGen, Inc. (Nasdaq:AXGN), Integra LifeSciences Holding Corporation (Nasdaq: IART), Synovis Life Technologies, Collagen Matrix, Inc., Polyganics |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 91 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market is studied from 2017 - 2027.
What is the growth rate of Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market?
The Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market is growing at a CAGR of 27.2% over the next 5 years.
Who are the key players in Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market?
AxoGen, Inc. (Nasdaq:AXGN), Integra LifeSciences Holding Corporation (Nasdaq: IART), Synovis Life Technologies, Collagen Matrix, Inc., Polyganics
What regions does this Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market?
Direct Nerve Repair, Nerve Protection
What are the major end-use applications of Nerve Conduit, Nerve Wrap and Nerve Graft Repair Product Market?
Nerve Conduit, Nerve Wrap, Nerve Graft
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SECONDARY RESEARCH
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PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
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EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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