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, driven by the increasing prevalence of neurological disorders in the geriatric population. Conditions like neuropathy, Alzheimer's disease, Parkinson's disease, and strokes are becoming more common as life expectancies rise. The World Health Organization (WHO) projects that the global population aged 60 and over will nearly double from 12% in 2015 to 22% by 2050. Mental and neurological disorders are expected to account for a substantial portion of disability-adjusted life years (DALYs) in this age group, specifically 6.6%. Furthermore, about 15% of adults aged 60 and above have a mental disorder. In the U.S. alone, the number of individuals aged 65 and older affected by Alzheimer's disease is projected to surge from approximately 5.8 million to 14 million by 2060. Neurological disorders are also a growing 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 people aged 65 and above. This rising burden of age-associated neurological disorders is directly fueling the demand for nerve repair and regeneration treatments, thereby propelling market growth in North America.

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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 analysis of the industry's current landscape. These insights cover prevailing trends, identify key market players, and highlight regional specificities. By providing actionable recommendations, they enable stakeholders to gain a competitive edge by identifying underserved segments or developing unique value propositions. Leveraging data analytics, these insights assist various industry participants, including investors, manufacturers, and other stakeholders, in anticipating market shifts. A future-oriented perspective is crucial, allowing stakeholders to foresee market changes and strategically position themselves for sustained success in this evolving region. Ultimately, effective strategic insights empower readers to make informed decisions that boost profitability and help 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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