The Latin America, Middle East and Africa Sacral Nerve Stimulation Market would witness market growth of 7.1% CAGR during the forecast period (2023-2030).
Due to their importance in diagnosing, treating, and monitoring medical disorders, demand for medical equipment stays stable, especially during economic downturns. The rising elderly population and conditions like overactive bladder and urine incontinence further support the continued need for medical devices like sacral nerve stimulators. Technical developments in the sector further boost the medical device industry's resilience to recessions. New technologies are created due to ongoing innovation, which raises productivity, lowers costs, and improves patient outcomes.
By sending carefully timed electrical impulses to the sacral nerves, which regulate the neurological pathways, sacral nerve stimulation (SNS) is a device implanted to manage bladder functions. It is an efficient and secure treatment for patients with fecal and urinary problems. This treatment is advised for patients who did not receive the intended results from therapy or medicine. SNS has a considerable positive impact on improving the impacted people's quality of life. Rising fecal incontinence rates are also anticipated to accelerate the expansion of the market. Being able to affect a person's quality of life and even cause social isolation makes it one of the most damaging conditions.
The Latin America and the Caribbean region is dealing with a severe health issue related to nutrition that has significant economic and social repercussions. The dietary changes are essential: there have been significant increases in the consumption of less healthy, high-sugar, low-nutrient-density foods and beverages, adjustments to eating and snacking habits while away from home, and quick changes toward very high levels of overweight and obesity in people of all ages as well as, in some countries, high rates of stunting. The higher risk of UI is strongly correlated with the high incidence of obesity. These factors are providing growth prospects to the LAMEA region.
The Brazil market dominated the LAMEA Sacral Nerve Stimulation Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $10.3 Million by 2030. The Argentina market is estimated to grow at a CAGR of 7.7% during (2023 - 2030). Additionally, The UAE market would exhibit a CAGR of 6.8% during (2023 - 2030).
Based on Application, the market is segmented into Urinary & Fecal Incontinence, Chronic Anal Fissure, and Others. Based on Product, the market is segmented into Devices, and Accessories. Based on End User, the market is segmented into Hospitals, Specialty Clinics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Sacral Nerve Stimulation Market is Projected to reach USD 595.9 Million by 2030, at a CAGR of 5.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Axonics, Inc., Beijing PINS Medical Co., Ltd., PZMed, Laborie Medical Technologies, Synapse BioMedical, Inc., Johnson and Johnson, LivaNova PLC, Boston Scientific Corporation, and Saluda Medical Pty Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Urinary & Fecal Incontinence
- Chronic Anal Fissure
- Others
By Product
By End User
- Hospitals
- Specialty Clinics
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Axonics, Inc.
- Beijing PINS Medical Co., Ltd.
- PZMed
- Laborie Medical Technologies
- Synapse BioMedical, Inc.
- Johnson and Johnson
- LivaNova PLC
- Boston Scientific Corporation
- Saluda Medical Pty Ltd.
TABLE 1 LAMEA Sacral Nerve Stimulation Market, 2019 - 2022, USD Thousand
TABLE 2 LAMEA Sacral Nerve Stimulation Market, 2023 - 2030, USD Thousand
TABLE 3 LAMEA Sacral Nerve Stimulation Market by Application, 2019 - 2022, USD Thousand
TABLE 4 LAMEA Sacral Nerve Stimulation Market by Application, 2023 - 2030, USD Thousand
TABLE 5 LAMEA Urinary & Fecal Incontinence Market by Country, 2019 - 2022, USD Thousand
TABLE 6 LAMEA Urinary & Fecal Incontinence Market by Country, 2023 - 2030, USD Thousand
TABLE 7 LAMEA Chronic Anal Fissure Market by Country, 2019 - 2022, USD Thousand
TABLE 8 LAMEA Chronic Anal Fissure Market by Country, 2023 - 2030, USD Thousand
TABLE 9 LAMEA Others Market by Country, 2019 - 2022, USD Thousand
TABLE 10 LAMEA Others Market by Country, 2023 - 2030, USD Thousand
TABLE 11 LAMEA Sacral Nerve Stimulation Market by Product, 2019 - 2022, USD Thousand
TABLE 12 LAMEA Sacral Nerve Stimulation Market by Product, 2023 - 2030, USD Thousand
TABLE 13 LAMEA Devices Market by Country, 2019 - 2022, USD Thousand
TABLE 14 LAMEA Devices Market by Country, 2023 - 2030, USD Thousand
TABLE 15 LAMEA Accessories Market by Country, 2019 - 2022, USD Thousand
TABLE 16 LAMEA Accessories Market by Country, 2023 - 2030, USD Thousand
TABLE 17 LAMEA Sacral Nerve Stimulation Market by End User, 2019 - 2022, USD Thousand
TABLE 18 LAMEA Sacral Nerve Stimulation Market by End User, 2023 - 2030, USD Thousand
TABLE 19 LAMEA Hospitals Market by Country, 2019 - 2022, USD Thousand
TABLE 20 LAMEA Hospitals Market by Country, 2023 - 2030, USD Thousand
TABLE 21 LAMEA Specialty Clinics Market by Country, 2019 - 2022, USD Thousand
TABLE 22 LAMEA Specialty Clinics Market by Country, 2023 - 2030, USD Thousand
TABLE 23 LAMEA Others Market by Country, 2019 - 2022, USD Thousand
TABLE 24 LAMEA Others Market by Country, 2023 - 2030, USD Thousand
TABLE 25 LAMEA Sacral Nerve Stimulation Market by Country, 2019 - 2022, USD Thousand
TABLE 26 LAMEA Sacral Nerve Stimulation Market by Country, 2023 - 2030, USD Thousand
TABLE 27 Brazil Sacral Nerve Stimulation Market, 2019 - 2022, USD Thousand
TABLE 28 Brazil Sacral Nerve Stimulation Market, 2023 - 2030, USD Thousand
TABLE 29 Brazil Sacral Nerve Stimulation Market by Application, 2019 - 2022, USD Thousand
TABLE 30 Brazil Sacral Nerve Stimulation Market by Application, 2023 - 2030, USD Thousand
TABLE 31 Brazil Sacral Nerve Stimulation Market by Product, 2019 - 2022, USD Thousand
TABLE 32 Brazil Sacral Nerve Stimulation Market by Product, 2023 - 2030, USD Thousand
TABLE 33 Brazil Sacral Nerve Stimulation Market by End User, 2019 - 2022, USD Thousand
TABLE 34 Brazil Sacral Nerve Stimulation Market by End User, 2023 - 2030, USD Thousand
TABLE 35 Argentina Sacral Nerve Stimulation Market, 2019 - 2022, USD Thousand
TABLE 36 Argentina Sacral Nerve Stimulation Market, 2023 - 2030, USD Thousand
TABLE 37 Argentina Sacral Nerve Stimulation Market by Application, 2019 - 2022, USD Thousand
TABLE 38 Argentina Sacral Nerve Stimulation Market by Application, 2023 - 2030, USD Thousand
TABLE 39 Argentina Sacral Nerve Stimulation Market by Product, 2019 - 2022, USD Thousand
TABLE 40 Argentina Sacral Nerve Stimulation Market by Product, 2023 - 2030, USD Thousand
TABLE 41 Argentina Sacral Nerve Stimulation Market by End User, 2019 - 2022, USD Thousand
TABLE 42 Argentina Sacral Nerve Stimulation Market by End User, 2023 - 2030, USD Thousand
TABLE 43 UAE Sacral Nerve Stimulation Market, 2019 - 2022, USD Thousand
TABLE 44 UAE Sacral Nerve Stimulation Market, 2023 - 2030, USD Thousand
TABLE 45 UAE Sacral Nerve Stimulation Market by Application, 2019 - 2022, USD Thousand
TABLE 46 UAE Sacral Nerve Stimulation Market by Application, 2023 - 2030, USD Thousand
TABLE 47 UAE Sacral Nerve Stimulation Market by Product, 2019 - 2022, USD Thousand
TABLE 48 UAE Sacral Nerve Stimulation Market by Product, 2023 - 2030, USD Thousand
TABLE 49 UAE Sacral Nerve Stimulation Market by End User, 2019 - 2022, USD Thousand
TABLE 50 UAE Sacral Nerve Stimulation Market by End User, 2023 - 2030, USD Thousand
TABLE 51 Saudi Arabia Sacral Nerve Stimulation Market, 2019 - 2022, USD Thousand
TABLE 52 Saudi Arabia Sacral Nerve Stimulation Market, 2023 - 2030, USD Thousand
TABLE 53 Saudi Arabia Sacral Nerve Stimulation Market by Application, 2019 - 2022, USD Thousand
TABLE 54 Saudi Arabia Sacral Nerve Stimulation Market by Application, 2023 - 2030, USD Thousand
TABLE 55 Saudi Arabia Sacral Nerve Stimulation Market by Product, 2019 - 2022, USD Thousand
TABLE 56 Saudi Arabia Sacral Nerve Stimulation Market by Product, 2023 - 2030, USD Thousand
TABLE 57 Saudi Arabia Sacral Nerve Stimulation Market by End User, 2019 - 2022, USD Thousand
TABLE 58 Saudi Arabia Sacral Nerve Stimulation Market by End User, 2023 - 2030, USD Thousand
TABLE 59 South Africa Sacral Nerve Stimulation Market, 2019 - 2022, USD Thousand
TABLE 60 South Africa Sacral Nerve Stimulation Market, 2023 - 2030, USD Thousand
TABLE 61 South Africa Sacral Nerve Stimulation Market by Application, 2019 - 2022, USD Thousand
TABLE 62 South Africa Sacral Nerve Stimulation Market by Application, 2023 - 2030, USD Thousand
TABLE 63 South Africa Sacral Nerve Stimulation Market by Product, 2019 - 2022, USD Thousand
TABLE 64 South Africa Sacral Nerve Stimulation Market by Product, 2023 - 2030, USD Thousand
TABLE 65 South Africa Sacral Nerve Stimulation Market by End User, 2019 - 2022, USD Thousand
TABLE 66 South Africa Sacral Nerve Stimulation Market by End User, 2023 - 2030, USD Thousand
TABLE 67 Nigeria Sacral Nerve Stimulation Market, 2019 - 2022, USD Thousand
TABLE 68 Nigeria Sacral Nerve Stimulation Market, 2023 - 2030, USD Thousand
TABLE 69 Nigeria Sacral Nerve Stimulation Market by Application, 2019 - 2022, USD Thousand
TABLE 70 Nigeria Sacral Nerve Stimulation Market by Application, 2023 - 2030, USD Thousand
TABLE 71 Nigeria Sacral Nerve Stimulation Market by Product, 2019 - 2022, USD Thousand
TABLE 72 Nigeria Sacral Nerve Stimulation Market by Product, 2023 - 2030, USD Thousand
TABLE 73 Nigeria Sacral Nerve Stimulation Market by End User, 2019 - 2022, USD Thousand
TABLE 74 Nigeria Sacral Nerve Stimulation Market by End User, 2023 - 2030, USD Thousand
TABLE 75 Rest of LAMEA Sacral Nerve Stimulation Market, 2019 - 2022, USD Thousand
TABLE 76 Rest of LAMEA Sacral Nerve Stimulation Market, 2023 - 2030, USD Thousand
TABLE 77 Rest of LAMEA Sacral Nerve Stimulation Market by Application, 2019 - 2022, USD Thousand
TABLE 78 Rest of LAMEA Sacral Nerve Stimulation Market by Application, 2023 - 2030, USD Thousand
TABLE 79 Rest of LAMEA Sacral Nerve Stimulation Market by Product, 2019 - 2022, USD Thousand
TABLE 80 Rest of LAMEA Sacral Nerve Stimulation Market by Product, 2023 - 2030, USD Thousand
TABLE 81 Rest of LAMEA Sacral Nerve Stimulation Market by End User, 2019 - 2022, USD Thousand
TABLE 82 Rest of LAMEA Sacral Nerve Stimulation Market by End User, 2023 - 2030, USD Thousand
TABLE 83 Key Information – Medtronic PLC
TABLE 84 Key Information – Axonics, Inc.
TABLE 85 Key Information – Beijing PINS Medical Co., Ltd.
TABLE 86 key information – Saluda Medical Pty Ltd.
TABLE 87 Key Information – PZMed
TABLE 88 Key Information – LivaNova PLC
TABLE 89 Key Information – Boston Scientific Corporation
TABLE 90 Key Information – Johnson & Johnson
TABLE 91 Key Information – Synapse BioMedical, Inc.
TABLE 92 Key Information – Laborie Medical Technologies
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Sacral Nerve Stimulation Market, 2019 - 2030, USD Thousand
FIG 3 Key Impacting Factors Sacral Nerve Stimulation Market
FIG 4 Porter’s Five Force Analysis: Sacral Nerve Stimulation Market
FIG 5 LAMEA Sacral Nerve Stimulation Market share by Application, 2022
FIG 6 LAMEA Sacral Nerve Stimulation Market share by Application, 2030
FIG 7 LAMEA Sacral Nerve Stimulation Market by Application, 2019 - 2030, USD Thousand
FIG 8 LAMEA Sacral Nerve Stimulation Market share by Product, 2022
FIG 9 LAMEA Sacral Nerve Stimulation Market share by Product, 2030
FIG 10 LAMEA Sacral Nerve Stimulation Market by Product, 2019 - 2030, USD Thousand
FIG 11 LAMEA Sacral Nerve Stimulation Market share by End User, 2022
FIG 12 LAMEA Sacral Nerve Stimulation Market share by End User, 2030
FIG 13 LAMEA Sacral Nerve Stimulation Market by End User, 2019 - 2030, USD Thousand
FIG 14 LAMEA Sacral Nerve Stimulation Market share by Country, 2022
FIG 15 LAMEA Sacral Nerve Stimulation Market share by Country, 2030
FIG 16 LAMEA Sacral Nerve Stimulation Market by Country, 2019 - 2030, USD Thousand
FIG 17 SWOT Analysis: Medtronic PLC
FIG 18 SWOT Analysis: Axonics, Inc.
FIG 19 SWOT Analysis: BEIJING PINS MEDICAL CO., LTD.
FIG 20 SWOT Analysis: Saluda Medical Pty Ltd.
FIG 21 SWOT Analysis: PZMed
FIG 22 SWOT Analysis: LivaNova PLC
FIG 23 SWOT Analysis: Boston Scientific Corporation
FIG 24 Swot Analysis: Johnson & Johnson
FIG 25 SWOT Analysis: Synapse BioMedical, Inc.
FIG 26 SWOT Analysis: Laborie Medical Technologies