The global neuromodulation devices market reached a value of USD 8.7 billion in 2023. The market is likely to grow at a CAGR of 10.3% during the forecast period of 2024-2032 to reach a market value of USD 20.9 billion by 2032. The neuromodulation devices patent landscape is dynamic, with the United States leading with over 6,000 patents focused on spinal cord and deep brain stimulation technologies.
Boston Scientific Neuromodulation Corp.
Based in Marlborough, Massachusetts, Boston Scientific Neuromodulation Corp. holds over 2,500 patents related to neuromodulation devices, with approximately 300 patents in progress. The company focuses on innovations in spinal cord stimulation and deep brain stimulation technologies, aiming to enhance therapeutic outcomes through advanced simulation algorithms and device integration.
Medtronic Inc.
Based in Dublin, Ireland, Medtronic Inc. holds over 4,000 patents related to neuromodulation devices, with approximately 500 patents in progress. The company focuses on innovations in spinal cord and deep brain stimulation technologies, aiming to enhance therapeutic outcomes through advanced stimulation algorithms and seamless device integration. Medtronic is dedicated to improving patient care with cutting-edge neuromodulation solutions.
Other key players in the industry include Cardiac Pacemakers Inc., Cyberonics Inc., and Advanced Neuromodulation Systems Inc.
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Patent Landscape Report Coverage
The patent landscape report provides a thorough analysis of the global neuromodulation devices patent landscape, examining patent trends, key innovations, and emerging technologies. It covers patent filings, grants, and leading companies, highlighting strategic advancements shaping the future of neuromodulation technology. The report is an essential resource for stakeholders seeking insights into intellectual property dynamics and the competitive landscape of the neuromodulation devices industry, ensuring they stay informed about ongoing and future innovations.Global Neuromodulation Devices Patent Outlook
- Innovations in miniaturisation, precision targeting, and AI integration are central to the neuromodulation devices patent landscape, with over 10,000 patents filed globally. These advancements enhance therapeutic efficacy and expand neuromodulation applications, driving future growth.
- Boston Scientific, Medtronic, and Onward Medical are key players, holding significant patent portfolios. These companies focus on developing advanced simulation algorithms and integrating digital health solutions, pushing the boundaries of neuromodulation technologies.
- The United States leads in patent filings, emphasizing technological integration. Europe focuses on device safety and efficacy with substantial patent activity. The Asia Pacific region is rising with a focus on cost-effective solutions, reflecting dynamic growth in neuromodulation innovation.
Neuromodulation Devices Introduction
Neuromodulation devices are pivotal in treating a wide range of neurological disorders by altering nerve activity through targeted delivery of electrical or pharmaceutical agents. These devices are used for pain management, epilepsy, and Parkinson's disease, among others. The patent landscape for neuromodulation devices reflects significant innovation driven by the need for more effective treatments, miniaturisation of devices, and integration with advanced digital technologies.- Devices like microelectrodes and implantable pulse generators are becoming smaller and more discreet, enhancing patient comfort and compliance. Over 4,000 patents have been filed, focusing on the development of miniaturised components and wearables that improve device usability and patient experience.
- Innovations in precision targeting, such as closed-loop systems and real-time monitoring, are driving patent activity. Approximately 3,500 patents have been filed, with a focus on improving the specificity and efficacy of neuromodulation therapies for various conditions, thereby reducing side effects and enhancing outcomes.
- The incorporation of AI and machine learning in neuromodulation devices for optimising treatment parameters and personalising therapies is a major driver. Around 2,500 patents have been filed, emphasising the development of intelligent systems that adapt to individual patient needs and provide feedback for continuous improvement of therapeutic strategies.
Global Neuromodulation Devices Patent Segmentation Analysis
The report provides an in-depth analysis of the patents in this field by the following segmentation:
Analysis by Product Type
- Spinal Cord Stimulators
- Deep Brain Stimulators
- Sacral Nerve Stimulators
- Vagus Nerve Stimulators
- Transcranial Magnetic Stimulators
- Others
Analysis by Technology
- Internal
- External
Analysis by Application
- Internal Neuromodulation
- Spinal Cord Stimulation
- Deep Brain Stimulation
- Vagus Nerve Stimulation
- Sacral Nerve Stimulation
- Gastric Electric Stimulation
- External Neuromodulation
- Transcutaneous Electrical Nerve Stimulation
- Transcranial Magnetic Stimulation
- Respiratory Electrical Stimulation
- Others
Analysis by Indication
- Pain Management
- Neurological Disorders
- Respiratory Disorders
- Others
Analysis by Distribution Channel
- Hospitals
- Specialty Clinics
- Others
Neuromodulation Devices Patent Jurisdiction Analysis
The global patent landscape for neuromodulation devices is characterised by significant activity across key regions, including the United States, Europe, and Asia Pacific. In the United States, over 6,000 patents have been filed, driven by a focus on integrating advanced technologies and digital solutions. In Europe, particularly in Germany and the UK, over 4,000 patents emphasize regulatory compliance and device safety. The Asia Pacific region, notably China and Japan, has filed over 3,500 patents, reflecting a dynamic and expanding healthcare technology landscape with an emphasis on cost-effective solutions.Patent Profile of Key Companies
The patent landscape for neuromodulation devices is shaped by several key companies driving innovation and securing intellectual property. Here is an overview of their patent activities:Boston Scientific Neuromodulation Corp.
Based in Marlborough, Massachusetts, Boston Scientific Neuromodulation Corp. holds over 2,500 patents related to neuromodulation devices, with approximately 300 patents in progress. The company focuses on innovations in spinal cord stimulation and deep brain stimulation technologies, aiming to enhance therapeutic outcomes through advanced simulation algorithms and device integration.
Medtronic Inc.
Based in Dublin, Ireland, Medtronic Inc. holds over 4,000 patents related to neuromodulation devices, with approximately 500 patents in progress. The company focuses on innovations in spinal cord and deep brain stimulation technologies, aiming to enhance therapeutic outcomes through advanced stimulation algorithms and seamless device integration. Medtronic is dedicated to improving patient care with cutting-edge neuromodulation solutions.
Other key players in the industry include Cardiac Pacemakers Inc., Cyberonics Inc., and Advanced Neuromodulation Systems Inc.
Key Questions Answered in the Global Neuromodulation Devices Patent Landscape Report
- How is the patent landscape for neuromodulation devices segmented by technology?
- What are the major patent landscape drivers in the neuromodulation devices industry?
- Which companies are leading in patent filings for neuromodulation devices?
- How does the patent landscape differ between invasive and non-invasive neuromodulation technologies?
- What role does AI play in the innovation of neuromodulation devices and increased patent activities?
- How are patents addressing the miniaturisation of neuromodulation devices?
- What trends are shaping the patent landscape of neuromodulation device patents?
- How does the neuromodulation devices patent landscape vary across different regions?
- What are the challenges in obtaining patents for neuromodulation devices?
- How do patents in the United States differ from those in Europe and the Asia Pacific?
- What is the importance of regulatory compliance in neuromodulation device patents?
- How are hospitals and specialty clinics influencing patent activity in this field?
- What are the emerging opportunities for stakeholders in the neuromodulation devices industry?
- How do neuromodulation device patents contribute to advancements in personalised medicine?
Reasons to Purchase this Report
This report offers an in-depth analysis of the patent landscape, covering key trends, technological advancements, and regional insights. It provides detailed segmentation and highlights areas of significant innovation and activity. By examining leading companies' strategies and patent portfolios, the report elucidates competitive dynamics and emerging opportunities. Stakeholders will gain valuable information for strategic decision-making, ensuring they stay ahead in the evolving industry. This comprehensive coverage makes it an essential resource for understanding the industry's future direction.This product will be delivered within 5-7 business days.
Table of Contents
1 Introduction2 Executive Summary11 Future Trends
3 Global Neuromodulation Devices Market Overview
4 Global Neuromodulation Devices Market Segmentation
5 Global Market Dynamics
6 Global Neuromodulation Devices Patent Landscape Analysis
7 Global Neuromodulation Devices Patent Analysis by Technology
8 Patent Valuation Analysis
9 Global Neuromodulation Devices - Top 10 Players Patent Analysis
10 Patent Profile of Key Players
12 Global Neuromodulation Devices Landscape (Additional Insight)*
Companies Mentioned
- Boston Scient Neuromodulation Corp
- Medtronic Inc.
- Cardiac Pacemakers Inc.
- Univ California
- Advanced Neuromodulation Systems Inc.
- Saluda Medical Pty LTD
- Cyberonics Inc.
- Galvani Bioelectronics LTD
- Mashiach Adi
- Nyxoah Sa
- Neuropace Inc.
- Greatbatch LTD
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | August 2024 |
Forecast Period | 2024 - 2032 |
Estimated Market Value ( USD | $ 9.5 Billion |
Forecasted Market Value ( USD | $ 20.9 Billion |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Global |
No. of Companies Mentioned | 12 |