Categories
Pharmaceutical

Digital Migraine Treatment Device Market To Receive Overwhelming Hike In Revenues By 2031

Market Overview

The occurrence of spasmodic headache is termed as a medical condition called as migraine. The onset of migraine is generally experienced by approximately 15% of the world population. The symptoms include mild to severe headache and issues pertaining sensitivity to light and sound. The expensive dependence on pharmaceutical drugs and therapies which are invasive, impeding with the implants, causing overuse and associated side effects.

While the current treatments include triptans and ergots patients are shifting towards more specific digital migraine treatment devices. Neuromodulation is primarily the technology driving the patients towards the growth of the digital migraine treatment devices. The USFDA gave de novo clearance to Thranica’s Nevirio Migra, a smartphone connected device giving other manufacturers an aspiration to enter the untapped markets.

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Neuromodulation is primarily the technology driving the patients towards the growth of the digital migraine treatment devices. The USFDA gave de novo clearance to Thranica’s Nevirio Migra, a smartphone connected device giving other manufacturers an aspiration to enter the untapped markets.

Digital Migraine Treatment Device Market: Drivers and Restraints

The increasing prevalence of migraine and increasing level of awareness in target patient population is one of the most important factors responsible for the growth of digital migraine treatment devices market. Increasing geriatric population is also expected to increase the growth of digital migraine treatment devices market.

Disruptive technologies happen to exist with the changing trends and it is evident from the clinical trials and volunteer feedback that the digital migraine treatment devices being less invasive is likely to increase the acceptance. The efficacy and drug-free nature makes the reliability one of the pluses that is expected to drive the growth of digital migraine treatment devices.

The unmet needs coupled with novel technology based device is expected to amplify manufacturing of digital migraine treatment devices. The de novo pathway sanctioned by the USFDA to speedily make the digital migraine treatment devices available in the market is anticipated for the entry of new players who were already working on the neuromodulation based digital migraine treatment devices.

Digital Migraine Treatment Device Market: Segmentation

Tentatively, the global Digital Migraine Treatment Devices market can be segmented on the basis of the technology, end user, and geography.

Based on the technology, the global digital migraine treatment devices market is segmented as:

  • Supraorbital stimulation digital migraine treatment devices
  • Vagus nerve stimulation digital migraine treatment devices (VNS)
  • Single-pulse transcranial magnetic stimulation digital migraine treatment devices (sTMS)
  • Occipital nerve stimulation digital migraine treatment devices (ONS)

Based on end user, the global digital migraine treatment devices market is segmented as:

  • Hospitals
  • Specialty Clinics
  • Pharmacies

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Digital Migraine Treatment Device Market: Overview

Based on the technology utilized, the digital migraine treatment devices have been segmented into supraorbital stimulation digital migraine treatment devices, Vagus nerve stimulation (VNS) digital migraine treatment devices, single-pulse transcranial magnetic stimulation digital migraine treatment devices and occipital nerve stimulation digital migraine treatment devices.

Supraorbital stimulation digital migraine treatment devices are expected to hold the maximum revenue share in the digital migraine treatment devices market. Based on the end user, the digital migraine treatment devices market has been segmented into hospitals, specialty clinics and pharmacies. Hospitals are expected to hold the maximum revenue share in the digital migraine treatment devices market.

Digital Migraine Treatment Device Market: Regional Outlook

Geographically, the global digital migraine treatment devices market is segmented into seven regions viz. North America, Latin America, Europe, East Asia, South Asia, Oceania, and MEA. North America is expected to be a dominant market in the global digital migraine treatment devices market because of the presence of well-established healthcare infrastructure and availability of advanced healthcare facilities.

The Asia Pacific is expected to hold a significant growth rate of digital migraine treatment devices market. The digital migraine treatment devices market in the Asia Pacific is expected to grow at a significant CAGR due to the presence of a large population. Europe is also expected to hold a large revenue share in the digital migraine treatment devices market owing to the increasing R&D funding and increasing healthcare awareness.

Digital Migraine Treatment Devices Market: Key Players

There are few key players operating in the digital migraine treatment devices market like Theranica Bio-Electronics LTD, electroCore, Inc., Cirrus Healthcare Products, Cefaly Technology, eNeura Inc., Prolivio and Neuros Medical.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides an in-depth analysis of parent market trends, macro-economic indicators, and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Categories
Pharmaceutical

Recent Research On Digital Migraine Treatment Device Market Share, Future Trends With Primary And Secondary Research Report Analysis Up To 2029

The study on the Digital Migraine Treatment Device Market displays excellence and provides insightful details about every growth prospect which can be encountered during the forecast period of 2021-2029. The study enlightens the stakeholders about the prominent details leading to the growth of the Digital Migraine Treatment Device market. The study releases the stakeholders from the Sisyphean loop of loss.

The study is a large tree of information with various branches of growth that impart fruits of information to the stakeholder and CXOs. The researchers have sowed the seeds of research, thus leading to a gigantic database of information about significant aspects revolving around the Digital Migraine Treatment Device market. The study follows the philosophy of one report, numerous sources. The researchers at Fact.MR analyze every source related to the Digital Migraine Treatment Device market and include them in the report. This aspect assures the stakeholders of obtaining necessary information without referring to numerous sources.

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Competitive Insights

The study includes details about the type of Digital Migraine Treatment Device market and the competition surrounding it. The study also briefs about the various players and their position in the Digital Migraine Treatment Device market. The Fact.MR researchers carry thorough research of diverse competitors and also on the latest mergers and acquisitions in the Digital Migraine Treatment Device market. Some key players included in the study are:

  • Theranica Bio-Electronics LTD
  • electroCore, Inc.
  • Cirrus Healthcare Products
  • Cefaly Technology
  • eNeura Inc.
  • Prolivio
  • Neuros Medical.

Current Trends

The study also displays extensive trends and the effect of the trends across the Digital Migraine Treatment Device market during the forecast period. Changing dynamics of the Digital Migraine Treatment Device market due to the popularity of various trends have also been included in the study.

Regional Scenario

Some trends of the Digital Migraine Treatment Device market differ according to the demographics of the region. These changing trends have been inculcated in the report. Furthermore, the report also includes the largest growth-contributing region during the forecast period.

Challenges and Threats

The study also makes stakeholder aware of the threats and challenges that encumber the growth of the Digital Migraine Treatment Device market. Along with growth prospects, threat prospects are also necessary for the stakeholder to plan his/her business strategy accordingly.

GLOBAL DIGITAL MIGRAINE TREATMENT DEVICE MARKET: SEGMENTATION

Based on the technology, the global digital migraine treatment devices market is segmented as:

  • Supraorbital stimulation digital migraine treatment devices
  • Vagus nerve stimulation digital migraine treatment devices (VNS)
  • Single-pulse transcranial magnetic stimulation digital migraine treatment devices (sTMS)
  • Occipital nerve stimulation digital migraine treatment devices (ONS)

Based on end user, the global digital migraine treatment devices market is segmented as:

  • Hospitals
  • Specialty Clinics
  • Pharmacies

Key geographies covered in the global Digital Migraine Treatment Device market report comprise:

  • North America (U.S., Canada)
  • Latin America (Mexico, Brazil)
  • Western Europe (Germany, Italy, France, U.K, Spain)
  • Eastern Europe (Poland, Russia)
  • Asia Pacific (China, India, ASEAN, Australia & New Zealand)
  • Japan
  • The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

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COVID-19 Impact on Digital Migraine Treatment Device Market

The horrendous SARS-CoV-2 pandemic has resulted in magnified loss across several businesses and sectors. The Digital Migraine Treatment Device market is no exception. The researchers at Fact.MR have performed a scrutinized analysis. The study helps in fomenting the loss incurred to the stakeholder during the COVID-19 pandemic. This is made possible through the inclusion of a scrutinized post-pandemic analysis of every aspect related to the Digital Migraine Treatment Device market.

Some of the important questions covered in this study are as follows:

  • What are the prominent growth factors that will harness growth for the Digital Migraine Treatment Device market during the forecast period?
  • Which end-use industry will garner considerable growth for the Digital Migraine Treatment Device market?
  • Which region will emerge as a champion growth-contributor during the assessment period?
  • What are the obstacles surrounding the Digital Migraine Treatment Device market? 

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The Digital Migraine Treatment Device market report offers a plethora of insights which include:

  • Changing consumption pattern among individuals globally.
  • Historical and future progress of the global Digital Migraine Treatment Device market.
  • Region-wise and country-wise segmentation of the Digital Migraine Treatment Device market to understand the revenue, and growth lookout in these areas.
  • Accurate Year-on-Year growth of the global Digital Migraine Treatment Device market.
  • Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global Digital Migraine Treatment Device market.

The Digital Migraine Treatment Device market report offers a plethora of insights which include:

  1. Changing consumption pattern among individuals globally.
  2. Historical and future progress of the global Digital Migraine Treatment Device market.
  3. Region-wise and country-wise segmentation of the Digital Migraine Treatment Device market to understand the revenue, and growth lookout in these areas.
  4. Accurate Year-on-Year growth of the global Digital Migraine Treatment Device market.
  5. Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global Digital Migraine Treatment Device market.

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About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analysed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),

Plot No: JLT-PH1-I3A,

Jumeirah Lakes Towers,

Dubai, United Arab Emirates

Email: sales@factmr.com

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