The North America nerve repair & regeneration market is expected to grow from US$ 3,721.38 million in 2022 to US$ 6,463.51 million by 2028; it is estimated to grow at a CAGR of 9.6% from 2022 to 2028.

North America Nerve Repair & Regeneration Market Growth

The North American nerve repair and regeneration market is experiencing significant growth, primarily due to the increasing prevalence of neurological disorders within the geriatric population. As life expectancies climb, conditions like neuropathy, Alzheimer's disease, Parkinson's disease, and strokes are becoming more common. The World Health Organization (WHO) projects a significant demographic shift, with the global population aged 60 and over expected to nearly double from 12% in 2015 to 22% by 2050. Mental and neurological disorders in older adults are anticipated to contribute a substantial 6.6% to the total disability-adjusted life years (DALYs) for this age group. Furthermore, approximately 15% of adults aged 60 and over are affected by a mental disorder. In the U.S., the number of individuals 65 and older diagnosed with Alzheimer's disease is predicted to climb from roughly 5.8 million to 14 million by 2060. Moreover, neurological disorders are increasingly a primary cause of mortality in the region; for example, the Centers for Disease Control and Prevention (CDC) identifies Alzheimer's disease as the fifth leading cause of death for those 65 and older. This escalating burden of age-associated neurological disorders is directly increasing the demand for nerve repair & regeneration treatments, thereby accelerating the growth of the North America market.

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North America Nerve Repair & Regeneration Strategic Insights

Strategic insights for the North America Nerve Repair & Regeneration market provide a robust, data-driven assessment of the industry's terrain. These insights explore current trends, identify crucial players, and highlight regional specificities. They deliver actionable recommendations, empowering readers to differentiate themselves from rivals by pinpointing untapped segments or crafting unique value propositions. By harnessing data analytics, these insights assist industry participants, whether investors, manufacturers, or other stakeholders, in anticipating market shifts. A future-oriented perspective is vital, helping stakeholders foresee market changes and position themselves for sustained success in this dynamic region. Ultimately, effective strategic insights enable readers to make informed decisions that drive profitability and achieve their business objectives within the market.

North America Nerve Repair & Regeneration Market Segmentation

North America Nerve Repair & Regeneration Market By Product

Neurostimulation & Neuromodulation Devices

Biomaterials

North America Nerve Repair & Regeneration Market By Application

Neurostimulation & Neuromodulation Applications

Nerve Repair & Regeneration Applications

North America Nerve Repair & Regeneration Market Regions and Countries Covered   

North America

US

Canada

Mexico

North America Nerve Repair & Regeneration Market leaders and key company profiles

Axogen Corporation

Boston Scientific Corporation

Integra LifeSciences

Medtronic

Abbott Laboratories

Stryker Corporation

Neuronetics

LivaNova PLC

Baxter

Polyganics BV

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