Global Percutaneous Tibial Neuromodulation Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Application;
Faecal Incontinence and Overactive Bladder.By End User;
Hospital, Ambulatory Surgical Centers, Clinics, Specialty Care Unit, and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Percutaneous Tibial Neuromodulation Devices Market (USD Million), 2021 - 2031
In the year 2024, the Global Percutaneous Tibial Neuromodulation Devices Market was valued at USD 225.43 million. The size of this market is expected to increase to USD 386.34 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.0%.
The global market for percutaneous tibial neuromodulation devices is witnessing significant growth, driven by an increasing prevalence of overactive bladder (OAB) and urinary incontinence worldwide. Percutaneous tibial neuromodulation (PTNM) has emerged as a promising therapy for patients suffering from these conditions, offering a minimally invasive and effective alternative to traditional treatments. As awareness about the benefits of PTNM continues to rise among patients and healthcare providers, coupled with advancements in technology, the demand for these devices is expected to surge in the coming years.
The aging population, particularly in developed regions, contributes to the expanding market for percutaneous tibial neuromodulation devices. With age, the incidence of OAB and urinary incontinence tends to increase, creating a substantial patient pool seeking therapeutic solutions. Additionally, the growing emphasis on improving the quality of life for individuals affected by these conditions is fueling the adoption of PTNM devices. Manufacturers in the market are focusing on product innovations, such as enhanced electrode designs and user-friendly interfaces, to cater to evolving patient needs and preferences.
Favorable reimbursement policies and increasing healthcare expenditure in key markets are bolstering the growth of the global percutaneous tibial neuromodulation devices market. Reimbursement support for PTNM procedures encourages healthcare providers to offer these therapies, driving market penetration. Moreover, rising investments in healthcare infrastructure and the expansion of healthcare facilities in emerging economies are creating lucrative opportunities for market players to expand their presence and tap into previously untapped markets. Overall, with ongoing research and development efforts and a favorable regulatory landscape, the global PTNM devices market is poised for robust expansion in the foreseeable future.
Global Percutaneous Tibial Neuromodulation Devices Market Recent Developments
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In November 2018, ElectroCore Inc., a commercial-stage medical device startup, received US FDA approval for its gammaCore non-invasive vagus nerve stimulation (nVNS) device, which is indicated as an adjunctive treatment for cluster headaches.
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In October 2017, LivaNova PLC's SenTiva vagus nerve stimulation device was approved by the US Food and Drug Administration for the treatment of epilepsy in patients over the age of four who are resistant to drug therapy.
Segment Analysis
The global percutaneous tibial neuromodulation devices market is poised for significant growth from 2024 to 2030, driven by rising cases of faecal incontinence and overactive bladder. These conditions have spurred the demand for innovative medical solutions, leading to increased adoption of percutaneous tibial neuromodulation devices. Over this forecast period, the market is expected to witness a substantial increase in revenue, reflecting the growing acceptance and effectiveness of these devices in managing such urinary disorders.
In terms of application segmentation from 2016 to 2026, the market is divided into faecal incontinence and overactive bladder, with both segments experiencing steady growth in revenue. The rising prevalence of these conditions, coupled with advancements in medical technology, is driving the expansion of this market segment. Additionally, the increasing awareness among patients and healthcare professionals about the benefits of percutaneous tibial neuromodulation devices is further propelling market growth.
Global Percutaneous Tibial Neuromodulation Devices Segment Analysis
In this report, the Global Percutaneous Tibial Neuromodulation Devices Market has been segmented by Application, End - User and Geography.
Global Percutaneous Tibial Neuromodulation Devices Market, Segmentation by Application
The Global Percutaneous Tibial Neuromodulation Devices Market has been segmented by Application into Faecal Incontinence and Overactive Bladder.
The Global Percutaneous Tibial Neuromodulation Devices Market has witnessed significant segmentation by application, primarily focusing on two key areas: Faecal Incontinence and Overactive Bladder. Faecal incontinence, a distressing condition characterized by the involuntary leakage of stool, represents a crucial segment for these devices. With an aging population and rising awareness about treatment options, the demand for percutaneous tibial neuromodulation devices in addressing faecal incontinence has surged. These devices offer a non-invasive and effective method to manage symptoms, thereby enhancing the quality of life for affected individuals.
Another vital application segment is Overactive Bladder (OAB), a prevalent urological disorder characterized by a sudden and uncontrollable urge to urinate. Percutaneous tibial neuromodulation devices have emerged as a promising intervention for individuals suffering from OAB, providing a minimally invasive approach to alleviate symptoms and improve bladder function. The market for these devices in addressing OAB is driven by factors such as increasing prevalence of the condition, growing patient preference for non-pharmacological treatments, and advancements in device technology, enhancing efficacy and patient comfort.
The segmentation of the Global Percutaneous Tibial Neuromodulation Devices Market into Faecal Incontinence and Overactive Bladder underscores the diverse applications and the significant impact these devices have on improving patient outcomes in both conditions. As research continues to expand and technology evolves, further innovations in device design and therapy protocols are expected, further driving market growth and expanding the reach of these valuable treatment options.
Global Percutaneous Tibial Neuromodulation Devices Market, Segmentation by End User
The Global Percutaneous Tibial Neuromodulation Devices Market has been segmented by End User into Hospital, Ambulatory Surgical centers, Clinics, Specialty Care Unit and Others.
The Global Percutaneous Tibial Neuromodulation Devices Market, with its segmentation by end-users, reflects a diverse landscape of healthcare facilities where these devices are utilized. Hospitals stand as the cornerstone, serving as primary hubs for medical intervention across various specialties. Within hospital settings, percutaneous tibial neuromodulation devices find extensive application, offering a non-invasive option for patients with conditions like overactive bladder and urinary incontinence. The controlled environment and access to multidisciplinary teams in hospitals enhance patient care and facilitate comprehensive treatment plans involving neuromodulation therapy.
Ambulatory surgical centers (ASCs) emerge as another vital end-user segment, catering to the growing trend of outpatient procedures. These facilities provide a convenient and efficient setting for minor surgeries and procedures, including percutaneous tibial neuromodulation sessions. The streamlined workflow and focus on same-day procedures in ASCs align well with the requirements of patients seeking neuromodulation therapy, often allowing for quicker recovery and reduced healthcare costs compared to traditional hospital stays.
Clinics and specialty care units further diversify the landscape of percutaneous tibial neuromodulation device utilization. These settings offer focused care tailored to specific medical needs, providing patients with targeted treatment options for conditions like urinary dysfunction. Whether within dedicated urology clinics or specialized units focusing on neurology and rehabilitation, the integration of neuromodulation devices underscores a commitment to advancing patient outcomes through innovative therapeutic approaches.
Global Percutaneous Tibial Neuromodulation Devices Market, Segmentation by Geography
In this report, the Global Percutaneous Tibial Neuromodulation Devices Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Percutaneous Tibial Neuromodulation Devices Market Share (%), by Geographical Region, 2024
In 2023, the global percutaneous tibial neuromodulation (PTNM) devices market witnessed a notable distribution of market share across different geographical regions. North America emerged as a prominent player in this market, holding a significant portion of the market share. The region's advanced healthcare infrastructure, high adoption rates of innovative medical technologies, and increasing prevalence of urinary incontinence contributed to its dominance. Additionally, favorable reimbursement policies and growing awareness among patients and healthcare providers about the effectiveness of PTNM therapy further propelled market growth in North America.
Europe also captured a substantial market share in 2023, driven by factors such as the rising geriatric population, increasing healthcare expenditure, and growing demand for minimally invasive treatments for urinary incontinence. Countries like Germany, France, and the United Kingdom played pivotal roles in driving market expansion in the region. Moreover, the presence of key market players focusing on product innovation and strategic collaborations with healthcare facilities and research institutions contributed to the market's growth trajectory in Europe.
The Asia Pacific region exhibited significant growth potential in the PTNM devices market in 2023. Factors such as the rapidly expanding healthcare infrastructure, rising disposable income levels, and increasing awareness about advanced medical treatments among the populace fueled market growth in this region. Countries like China, Japan, and India emerged as lucrative markets for PTNM devices, with a growing number of patients seeking effective solutions for urinary incontinence. Moreover, strategic initiatives by market players to penetrate untapped markets and expand their distribution networks in the Asia Pacific region further accelerated market expansion during the period.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Percutaneous Tibial Neuromodulation Devices Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers
- Growing prevalence of overactive bladder (OAB) and urinary incontinence
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Technological advancements in neuromodulation devices - The global percutaneous tibial neuromodulation devices market has witnessed significant growth propelled by continuous advancements in neuromodulation technologies. These devices play a crucial role in treating overactive bladder (OAB), fecal incontinence, and other pelvic floor disorders by stimulating the tibial nerve, which in turn modulates bladder function. Technological innovations have led to the development of more efficient and minimally invasive devices, enhancing patient comfort and treatment outcomes. Advanced features such as wireless connectivity, improved electrode designs, and customizable stimulation patterns have expanded the usability and effectiveness of these devices.
Ongoing research and development efforts are focusing on enhancing the precision and targeting capabilities of percutaneous tibial neuromodulation devices. For instance, the integration of artificial intelligence and machine learning algorithms allows for personalized therapy regimens tailored to individual patient needs. Additionally, miniaturization of device components and advancements in battery technology have resulted in more compact and long-lasting devices, further improving patient convenience and compliance with treatment protocols.
The increasing prevalence of urinary and fecal incontinence disorders, coupled with the rising geriatric population globally, is expected to drive the demand for percutaneous tibial neuromodulation devices in the coming years. Market players are also investing in expanding their product portfolios and geographical presence to capitalize on emerging opportunities. However, challenges such as high treatment costs and reimbursement issues may hinder market growth to some extent.
Restraints
- High cost associated with percutaneous tibial neuromodulation therapy
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Limited reimbursement policies in some regions - The global market for percutaneous tibial neuromodulation devices has witnessed significant growth in recent years, driven by rising prevalence of overactive bladder syndrome and urinary incontinence. However, this growth is somewhat tempered by limited reimbursement policies in certain regions, which pose challenges for both patients and healthcare providers. In regions where reimbursement policies are restrictive, patients may face financial barriers to accessing these devices, leading to lower adoption rates and hindering market expansion.
Limited reimbursement policies can also impact healthcare providers, as they may hesitate to recommend these devices to patients if coverage is uncertain or inadequate. This reluctance could stem from concerns about the financial burden on patients or the reimbursement process itself, which may involve lengthy approval procedures and uncertain outcomes. Consequently, healthcare providers may be less inclined to incorporate percutaneous tibial neuromodulation devices into their treatment protocols, thereby limiting market growth in regions with restrictive reimbursement policies.
To address these challenges and stimulate market growth, stakeholders in the percutaneous tibial neuromodulation devices market must collaborate to advocate for broader reimbursement coverage and streamline reimbursement processes. This may involve engaging with policymakers, payers, and healthcare organizations to demonstrate the clinical and economic benefits of these devices and advocate for their inclusion in reimbursement programs. Additionally, manufacturers can play a key role by offering pricing strategies and support services that alleviate financial concerns for patients and healthcare providers.
Opportunities
- Increasing adoption of minimally invasive procedures
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Expansion of healthcare infrastructure in emerging economies - The expansion of the global percutaneous tibial neuromodulation devices market amidst the growth of healthcare infrastructure in emerging economies, we first need to establish a comprehensive understanding of the market dynamics. Begin by conducting thorough market research to identify key players, current market size, growth trends, and regional variations. Utilize reputable sources such as industry reports, market intelligence platforms, and scholarly articles to gather reliable data. Analyze the impact of expanding healthcare infrastructure in emerging economies on the demand for percutaneous tibial neuromodulation devices. Look for correlations between factors like GDP growth, healthcare expenditure, and adoption rates of advanced medical technologies.
Identifying target markets within emerging economies where the expansion of healthcare infrastructure is significant. Consider factors such as population demographics, disease prevalence, government healthcare initiatives, and investment in medical facilities. For example, countries like India, China, Brazil, and South Africa have been witnessing substantial investments in healthcare infrastructure to address the healthcare needs of their growing populations. Evaluate the regulatory landscape in these target markets to understand any barriers or facilitators to market entry for percutaneous tibial neuromodulation devices. Engage with local healthcare professionals, government agencies, and industry associations to gain insights into regulatory requirements, reimbursement policies, and market access pathways.
Develop a strategic market entry plan tailored to the unique characteristics of each target market. This plan should encompass product positioning, pricing strategies, distribution channels, and marketing tactics. For instance, consider partnering with local distributors or healthcare institutions to enhance market penetration and brand awareness. Leverage digital marketing channels to reach healthcare professionals and patients, highlighting the clinical benefits and cost-effectiveness of percutaneous tibial neuromodulation therapy. Continuously monitor market dynamics, competitor activities, and regulatory changes to adapt your market entry strategy accordingly. By following these steps, you can effectively capitalize on the expansion of healthcare infrastructure in emerging economies to drive growth in the global percutaneous tibial neuromodulation devices market.
Competitive Landscape Analysis
Key players in Global Percutaneous Tibial Neuromodulation Devices Market include :
- Medtronic
- Axonics Modulation Technologies
- Atlantic Therapeutics
- MetaCure Inc.
- Laborie Medical Technologies
- Uroplasty Inc. (Cogentix Medical)
- Cogentix Medical
- BlueWind Medical
- Electromedical Products International, Inc. (EPTEK)
- Zynex Medical
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Application
- Market Snapshot, By End User
- Market Snapshot, By Region
- Global Percutaneous Tibial Neuromodulation Devices Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing prevalence of overactive bladder (OAB) and urinary incontinence
- Technological advancements in neuromodulation devices
- Restraints
- High cost associated with percutaneous tibial neuromodulation therapy
- Limited reimbursement policies in some regions
- Opportunities
- Increasing adoption of minimally invasive procedures
- Expansion of healthcare infrastructure in emerging economies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Percutaneous Tibial Neuromodulation Devices Market, By Application, 2021 - 2031 (USD Million)
- Faecal Incontinence
- Overactive Bladder
- Global Percutaneous Tibial Neuromodulation Devices Market, By End User, 2021 - 2031 (USD Million)
- Hospital
- Ambulatory Surgical centers
- Clinics
- Specialty Care Unit
- Others
- Global Percutaneous Tibial Neuromodulation Devices Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Percutaneous Tibial Neuromodulation Devices Market, By Application, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Medtronic
- Axonics Modulation Technologies
- Atlantic Therapeutics
- MetaCure Inc.
- Laborie Medical Technologies
- Uroplasty Inc. (Cogentix Medical)
- Cogentix Medical
- BlueWind Medical
- Electromedical Products International, Inc. (EPTEK)
- Zynex Medical
- Company Profiles
- Analyst Views
- Future Outlook of the Market