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 on a significant upward trend, largely driven by the increasing incidence of neurological disorders among the elderly population. As people live longer, common conditions like neuropathy, Alzheimer's disease, Parkinson's disease, and strokes are becoming even more prevalent. The World Health Organization (WHO) anticipates a near doubling of the global population aged 60 and over, from 12% in 2015 to 22% by 2050. Mental and neurological disorders are expected to contribute a significant 6.6% to the total disability-adjusted life years (DALYs) for this age group. Moreover, about 15% of adults aged 60 and over experience a mental disorder. In the U.S. alone, the number of individuals 65 and older with Alzheimer's disease is projected to surge from approximately 5.8 million to 14 million by 2060. Neurological disorders are also becoming a major cause of death in the region; for instance, the Centers for Disease Control and Prevention (CDC) lists Alzheimer's disease as the fifth leading cause of death for those aged 65 and above. This growing burden of age-related neurological conditions is directly boosting the demand for nerve repair & regeneration treatments, thus fueling the North American market's growth.

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North America Nerve Repair & Regeneration Strategic Insights

Strategic insights for the North America Nerve Repair & Regeneration market offer a data-driven overview of the industry's landscape. These insights delve into current trends, identify key players, and illuminate regional nuances. By providing actionable recommendations, they empower stakeholders to gain a competitive edge by identifying untapped segments or crafting unique value propositions. Leveraging robust data analytics, these insights help various industry participants, from investors to manufacturers, anticipate market shifts. A forward-looking perspective is crucial, enabling stakeholders to foresee market changes and strategically position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights equip 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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