Peripheral Nerve Stimulators Market Product Types and Application Define Growth at 10.3% CAGR till 2023
Peripheral nerve stimulator is a system generally used for the treatment of neurological diseases and disorders with symptoms such as complex regional pain syndrome, neck pain, low back pain, and painful nerve injuries. The prevalence of these diseases and disorders is increasing, which is augmenting its demand and is expected boost growth of the peripheral nerve stimulators market. As per the National Institute of Neurological Disorders and Stroke, around 600 neurologic disorders affect approximately 50 million U.S. citizens every year. The large prevalence of neurological disorders especially among the elderly population coupled with increase in healthcare expenditure for exploring effective treatments for neurological disorders are the major drivers for growth of the peripheral nerve stimulators market. However, low screening rate or late screening mainly in the developing countries is restraining growth of the market. Also, this scenario is likely to be same for next some years...