Global Nerve Repair And Regeneration Market Were Valued At $91 million in 2017
Monday, 22 Oct, 2018
Nerve damages can be caused by either blunt trauma, such as an impact from a fall or from traction injuries from motor vehicle accidents, or sharp trauma, such as direct cuts from a knife. Injury to a nerve can stop signals to and from the brain. Surgical nerve repair involves the exploration of the injured nerve and the removal of injured tissue from the nerve endings. Nerve repair and regeneration product are used through surgical interventions to restore normal function in nerves.
In this report, the products only statistics Biomaterials, just as Nerve Conduit, Nerve Wrap, Nerve Graft and Nerve Cap; The application segments only included in this report are direct nerve repair/neurorrhaphy, nerve grafting.
Global Nerve Repair and Regeneration Market were valued at $91 million in 2017, and is estimated to reach $413 million by 2025, growing at a CAGR of 21% from 2017 to 2025.
The major players in the global nerve repair and regeneration market are Axogen, Integra, Synovis, Collagen Matrix, Polyganics, Checkpoint Surgical, Neurotex and etc. and the top three players accounts about 85% of the total revenue in 2017.
On the basis of geography, the global nerve repair and regeneration market can be segmented into North America, Europe and Rest of the World. Due to a large patient population and increase in the incidence of nerve injuries, North America is deemed to be the key contributor towards the growth of the market.
Based on product, the nerve repair and regeneration market can be classified into Nerve Conduit (volume market share 44% in 2017), Nerve Wrap (volume market share 35% in 2017), Nerve Graft (volume market share 17% in 2017) and others.