Implantable Neurostimulators Market
The market for Implantable Neurostimulators was estimated at $6.5 billion in 2024; it is anticipated to increase to $11.5 billion by 2030, with projections indicating growth to around $18.6 billion by 2035.
Global Implantable Neurostimulators Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Implantable Neurostimulators industry revenue is expected to be around $7.1 billion in 2025 and expected to showcase growth with 10.1% CAGR between 2025 and 2034. As the outlook for neurostimulators becomes more positive, this indicates the key position neurostimulators will hold in the market for neuromodulation. This trend is characterised by an emphasis on treatments which are minimally invasive and so device based, as opposed to drugs taken over long periods. Chronic pain and movement disorder treatment make up the largest sector for use of the technology, with 77.1% of the income coming from these treatments. This comes from the clinical proof of spinal cord and brain stimulation and from patients qualifying for the treatments. The implantable neurostimulators product sector was the highest earning in 2024 with a turnover of approximately $2.6 billion. Its dominance of this sector should also boost investor confidence in these implantable neurostimulators that offer improved performance, longer battery life and also better results from patients. The growth of the market for neurosurgical procedures is driven by the ageing population, growing surgical volumes in neurosurgery, advances in technology and positive reimbursement policies in developed and developing countries.
Advanced neurostimulation devices are medical implants which transmit specific electric impulses to nerves via implantable leads and a pulse generator. This procedure modifies the signals to parts of the brain. It has been known to cure chronic pain, Parkinson's disease, epilepsy which doesnt respond to other treatments, and depression. The precision and long term efficiency of spinal cord stimulators, deep brain stimulators and vagus nerve stimulators is being improved through several features. These include rechargeable batteries, devices that can be scanned in MRI machines, and programmable stimulation parameters. Additionally, devices that have feedback mechanisms are also now available. Devices of this are generally employed for chronic pain control, as well as the treatment of Parkinsons disease, essential tremor, and dystonia. In addition they are used in the treatment of neuropathic pain and for complex regional pain syndrome. Through the utilisation of neurostimulation these devices are able to provide patients with both sustained pain relief and improved functionality. Key trends driving the implantable neurostimulation sector include miniaturisation of the devices, integration of wireless capabilities to allow for remote monitoring, the growth of personalised treatment based on data and the running of clinical trials to expand its applications across neurodegenerative conditions and migraines.
Market Key Insights
The Implantable Neurostimulators market is projected to grow from $6.5 billion in 2024 to $16.9 billion in 2034. This represents a CAGR of 10.1%, reflecting rising demand across Chronic Pain Management, Parkinson's Disease Treatment, and Treatment of Epilepsy.
Leading companies such as Boston Scientific, Medtronic and Abbott are among those that dominate the market, influencing its competitive dynamics.
The US and German implantable neurostimulator markets are predicted to grow at compound annual rates of between 7.4% and 10.6% from 2024 to 2030.
Markets such as those of Brazil, India and Mexico are expected to grow most strongly at compound annual growth rates between 9.7% and 12.6%.
The trend towards less invasive surgical methods will contribute to the $1 billion growth of the neurostimulation devices market by 2030.
The neurostimulators implantable sector is expected to expand by 10.5 billion dollars between 2034 and 2024. Neurological disorders and movement disorders will see an increase in market share as manufacturers seek to serve these region's.
There is expected a rise in neurological disorders which is matched by growing progress in the field of neurostimulation. By 2034 the implantable neurostimulators industry should grow 162% compared with 2024.
Opportunities in the Implantable Neurostimulators
Growth Opportunities in North America and Europe
Market Dynamics and Supply Chain
Driver: Rising Prevalence of Neurological Disorders Combined With Aging Population and Increased Clinical Demand
Restraint: High Procedure Costs and Reimbursement Challenges Limiting Patient Access and Adoption
Opportunity: Expanding movement disorder treatment programs in Asia-Pacific hospitals boosting deep brain Implantable Neurostimulators demand and Escalating chronic pain burden among aging patients in North America driving spinal cord Implantable Neurostimulators
Challenge: Risk of Surgical Complications and Patient Reluctance Reducing Market Penetration Rates
Supply Chain Landscape
Neuromodulation Devices
Implantable Neurostimulators
Contract Manufacturing
Chronic Pain Therapy
Neuromodulation Devices
Implantable Neurostimulators
Contract Manufacturing
Chronic Pain Therapy
Use Cases of Implantable Neurostimulators in Chronic Pain Management & Parkinson's Disease Treatment
Recent Developments
The implantable neurostimulators market is witnessing rapid innovation with advancements in rechargeable systems, wireless charging, and adaptive stimulation technologies. Recent developments focus on deep brain stimulation for Parkinson’s, spinal cord stimulation for chronic pain, and responsive neurostimulation for epilepsy. Key trends include integration with remote monitoring platforms and AI‑assisted programming, enabling personalized therapy and improved clinical outcomes. Leading players like Medtronic, Abbott, and Boston Scientific are leveraging these innovations to enhance device efficacy, patient adherence, and market penetration across neurology and pain management applications.