Product Code: ETC4470866 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Thailand Neurostimulation Market pertains to the field of medical devices designed to modulate and stimulate the nervous system for therapeutic purposes. This market encompasses devices like spinal cord stimulators, deep brain stimulators, and other neurostimulation technologies used to manage chronic pain, movement disorders, and neurological conditions. The market is evolving as a result of an aging population, increased awareness of neurostimulation therapies, and advancements in medical technology.
The Neurostimulation market in Thailand is witnessing significant growth, propelled by advancements in neuromodulation therapies for chronic pain and neurological disorders. Neurostimulation devices, including spinal cord stimulators and deep brain stimulators, offer alternative treatment options for patients with refractory conditions. As the healthcare landscape in Thailand embraces innovative pain management strategies, the neurostimulation market is growing, contributing to improved patient outcomes and enhanced quality of life.
The Thailand Neurostimulation market faces challenges related to the perception of neurostimulation therapies and the limited awareness among healthcare professionals and patients. Misconceptions about the invasiveness of neurostimulation procedures and concerns about side effects may contribute to hesitancy in adopting these therapies. Additionally, the high initial costs and the need for specialized training for healthcare professionals present barriers to widespread adoption. To address these challenges, comprehensive educational initiatives, targeted awareness campaigns, and collaborative efforts within the healthcare community are essential.
The Thailand Neurostimulation market witnessed accelerated growth during the COVID-19 pandemic as the awareness of neuromodulation therapies increased. The demand for neurostimulation devices, including spinal cord stimulators and deep brain stimulators, surged. Challenges related to delayed diagnoses influenced market dynamics. However, companies in this sector adapted by providing patient-specific neurostimulation solutions and collaborating with neurology specialists. The market demonstrated resilience by contributing to the advancement of neuromodulation therapies in the management of chronic conditions.
Driving innovation in neurostimulation technologies, key players such as Medtronic plc and Abbott Laboratories significantly contribute to the field of neuromodulation therapies in Thailand. Medtronic plc offers neurostimulation solutions impacting areas like spinal cord stimulation and deep brain stimulation for pain management and neurological disorders in Thailand. Abbott Laboratories specialize in medical devices, providing neurostimulation technologies, including dorsal root ganglion (DRG) stimulation and peripheral nerve stimulation, offering effective pain relief in Thailand. These companies play a pivotal role in shaping the Neurostimulation Market for advanced treatment options for chronic pain and neurological conditions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Neurostimulation Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Neurostimulation Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Neurostimulation Market - Industry Life Cycle |
3.4 Thailand Neurostimulation Market - Porter's Five Forces |
3.5 Thailand Neurostimulation Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Neurostimulation Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Neurostimulation Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Neurostimulation Market Trends |
6 Thailand Neurostimulation Market, By Types |
6.1 Thailand Neurostimulation Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Neurostimulation Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Neurostimulation Market Revenues & Volume, By Spinal Cord Stimulator, 2021-2031F |
6.1.4 Thailand Neurostimulation Market Revenues & Volume, By Deep Brain Stimulator, 2021-2031F |
6.1.5 Thailand Neurostimulation Market Revenues & Volume, By Sacral Nerve Stimulator, 2021-2031F |
6.1.6 Thailand Neurostimulation Market Revenues & Volume, By Vagus Nerve Stimulator, 2021-2031F |
6.1.7 Thailand Neurostimulation Market Revenues & Volume, By Gastric Electric Stimulator, 2021-2031F |
6.2 Thailand Neurostimulation Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Thailand Neurostimulation Market Revenues & Volume, By Pain Management, 2021-2031F |
6.2.3 Thailand Neurostimulation Market Revenues & Volume, By Epilepsy, 2021-2031F |
6.2.4 Thailand Neurostimulation Market Revenues & Volume, By Essential Tremor, 2021-2031F |
6.2.5 Thailand Neurostimulation Market Revenues & Volume, By Urinary and Fecal Incontinence, 2021-2031F |
6.2.6 Thailand Neurostimulation Market Revenues & Volume, By Depression, 2021-2031F |
6.2.7 Thailand Neurostimulation Market Revenues & Volume, By Dystonia, 2021-2031F |
7 Thailand Neurostimulation Market Import-Export Trade Statistics |
7.1 Thailand Neurostimulation Market Export to Major Countries |
7.2 Thailand Neurostimulation Market Imports from Major Countries |
8 Thailand Neurostimulation Market Key Performance Indicators |
9 Thailand Neurostimulation Market - Opportunity Assessment |
9.1 Thailand Neurostimulation Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Neurostimulation Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Neurostimulation Market - Competitive Landscape |
10.1 Thailand Neurostimulation Market Revenue Share, By Companies, 2024 |
10.2 Thailand Neurostimulation Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |