Top 10 companies in the Neuromodulation Market by Intellectual Market Insights Research

Published Date : 2024-May-28

Neuromodulation  Market Key Players Analysis: Boston Scientific Corporation, Abbott, LivaNova PLC, Nevro Corporation, Medtronic, Bioventus Inc., NeuroPace Inc, MicroTransponder, NeuroSigma, Neuronetics, St. Jude Medical, Cyberonics, Cochlear Ltd., Advanced Bionics, Sonova Group, Neuronetics, Inc., Greatbatch And More


According to a comprehensive study by Intellectual Market Insights Research, the global Neuromodulation Market size was valued at USD 2,482.011 Million in 2021and is projected to reach USD 4,340.10 Million  by 2028.

Neuromodulation Market Size, Share & Trends Analysis Report by Biomaterial, by Technology, by Application Global Economy Insights, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 - 2028.

Growing at a CAGR of 6% from 2021 to 2028.

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  1. Abbott


Founded: 1888

Headquarters: Green Oaks, Illinois, U.S.   


About Us: Abbott Laboratories is an American multinational medical devices and health care company with headquarters in Green Oaks, Illinois, United States. The company was founded by Chicago physician Wallace Calvin Abbott in 1888 to formulate known drugs; today, it sells medical devices, diagnostics, branded generic medicines and nutritional products. 

The company had nearly 114,000 employees and had revenue of $40.1 Billion.


  1. Bioventus Inc.


Founded: 2012

Headquarters: Durham, NC


About Us: Bioventus®Inc. (Nasdaq: BVS) develops Innovations for Active Healing and its mission is to make a difference by helping patients resume and enjoy active lives. The Company has products focused in three vertical markets: pain treatment, restorative therapies and surgical solutions. Established in 2012, Bioventus is headquartered in Durham, NC. The company has more than 1,200 employees worldwide and its international headquarters is in Hoofddorp, The Netherlands.

The company had nearly 5,000 employees and had revenue of $512.3 Million.


  1. Boston Scientific Corporation


Founded: 1979

Headquarters: Marlborough, Massachusetts, U.S.


About Us: Boston Scientific Corporation (BSC), headquartered in Watertown, Massachusetts and incorporated in Delaware, is a biomedical/biotechnology engineering firm and multinational manufacturer of medical devices used in interventional medical specialties, including interventional radiology, interventional cardiology, peripheral interventions, neuromodulation, neurovascular intervention, electrophysiology, cardiac surgery, vascular surgery, endoscopy, oncology, urology and gynecology. Boston Scientific is widely known for the development of the Taxus Stent, a drug-eluting stent which is used to open clogged arteries.

The company had nearly 48,000 employees and had revenue of $14.24 Billion.


  1. Cochlear Ltd.


Founded: 1981

Headquarters: Sydney, Australia


About Us: Cochlear is a medical device company that designs, manufactures, and supplies the Nucleus cochlear implant, the Hybrid electro-acoustic implant and the Baha bone conduction implant. Based in Sydney, Cochlear was formed in 1981 as a subsidiary of Nucleus with finance from the Australian government to commercialise the implants pioneered by Dr. Graeme Clark, although the company later became separate.

The company had nearly 4,800 employees and had revenue of $1.29 Billion.


  1. LivaNova PLC


Founded: 1987

Headquarters: Eastbourne Terrace, London


About Us: LivaNova, PLC is an Italian-American medical device manufacturer based in the UK. The company develops devices used for cardiac surgery and neuromodulation. The company was formed in 2015 by a $2.7B merger between Houston, Texas-based Cyberonics, Inc. and Milan, Italy-based Sorin S.p.a. The company trades on the NASDAQ stock exchange under the ticker symbol "LIVN".

The company had nearly 2,900 employees and had revenue of $310.1 Million.


  1. Medtronic


Founded: 1949

Headquarters: Dublin, Ireland


About Us: Medtronic plc is an Irish medical device company. The company's operational and executive headquarters are in Minneapolis, Minnesota, and its legal headquarters are in Ireland due to its acquisition of Irish-based Covidien in 2015. While it primarily operates in the United States, it operates in more than 150 countries and employs over 90,000 people.

The company had nearly 95,000 employees and had revenue of $31.23 Billion.


  1. Neuronetics


Founded: 2003

Headquarters: Malvern, PA, United States


About Us: Neuronetics is a Malvern, PA based, publicly traded company incorporated in Delaware in April 2003, that develops non-invasive treatments for psychiatric disorders that have shown resistance or lack of improvement using traditional medicine. The treatments are based upon neuromodulation technology. 

The company had nearly 235 employees and had revenue of $71.3 Million.


  1. Nevro Corporation


Founded: 2006

Headquarters: Redwood City, California, U.S.


About Us: Nevro is a global medical device company focused on delivering innovation to improve the quality of life for patients suffering from debilitating chronic pain. Through HFX, Nevro brings together enduring technologies, optimized therapies, and individualized patient support, all built on a foundation of proof that results in a comprehensive solution to relieve the burden of pain for more patients.

The company had nearly 12,00 employees and had revenue of $425.24 Million.


  1. Sonova Group


Founded: 1947 

Headquarters: Stäfa, canton of Zürich, Switzerland    


About Us: Sonova Holding AG an internationally active Swiss group of companies headquartered in Stäfa that specializes in hearing care (hearing instruments, cochlear implants, wireless communication). The Sonova group operates through its core business brands Phonak, Unitron, Hansaton, Advanced Bionics, AudioNova and Sennheiser.

The company had nearly 17,000 employees and had revenue of $3.91 Billion.


  1. Jude Medical


Founded: 1976

Headquarters: Little Canada, Minnesota, U.S


About Us: St. Jude Medical, Inc. was an American global medical device company headquartered in Little Canada, Minnesota, U.S., a suburb of Saint Paul. The company had more than 20 principal operations and manufacturing facilities worldwide with products sold in more than 100 countries. Its major markets include the United States, Europe, Latin America and Asia-Pacific. The company was named after Jude the Apostle, the patron saint of lost causes.

The company had nearly 18,000 employees and had revenue of $5.6 Billion.


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