Increased use of Bioenergy self-loading implants is giving a much needed boost to the neuroprosthetics market in the near future; according to a research conducted by Kenneth Research
The need for effective treatment for various neurological disorders has increased exponentially in the last decade. The neuroprosthetics market is still growing rapidly which boosts the future market as well. The market is expected to grow at an annual growth rate of almost 15% in the next decade. By the end of 2021, the neuroprosthesis market is expected to exceed USD 6 billion, and is expected to grow at a compound annual growth rate of 15% during the period 2022-2030. The high prevalence of diseases such as Parkinson’s disease, epilepsy, hearing, eyes, musculoskeletal system, Alzheimer’s disease and major depression are the main reasons. disease. Prosthetics market. In addition, R&D investment in the production of new equipment and products through innovative computer-aided technology (BCI) is expected to increase to develop effective neurological disorders, equipment, and industry treatment plans. During the forecast period, the increasing use of bioenergy self-loading im...