Peripheral Nerve Stimulators Market Size to Exceed $971.25 Million by 2034

Peripheral Nerve Stimulators Market Size Worth USD 971.25 Million by 2034 | CAGR: 4.81%


The peripheral nerve stimulators market size is expected to reach USD 971.25 Million by 2034, according to a new study by Polaris Market Research. The report “Peripheral Nerve Stimulators Market Share, Size, Trends, Industry Analysis Report: By Product Type, By End User (Hospitals and Outpatient Centers), and By Region; Market Forecast, 2025–2034” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The peripheral nerve stimulators market provides solutions for managing chronic pain through implantable, percutaneous, and transcutaneous devices. These devices support applications in neuropathic pain, post-surgical pain, and musculoskeletal disorders to improve patient outcomes and reducing opioid dependency.

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Market growth is driven by rising prevalence of chronic pain disorders, increasing healthcare expenditure, and adoption of minimally invasive neuromodulation therapies. Moreover, technological innovations in wireless and rechargeable medical devices are expanding clinical use and improving patient compliance.

Peripheral Nerve Stimulators Market Report Highlights

  • Based on product type, the implantable segment dominated in 2024, driven by long-term efficacy, high clinical adoption, and enhanced patient comfort.
  • In terms of end user, hospitals dominated in 2024, fueled by availability of advanced surgical infrastructure and specialized pain management centers.
  • North America dominated the global market in 2024, supported by advanced healthcare systems and favorable reimbursement policies.
  • Asia Pacific is projected to record the fastest growth, driven by increasing healthcare access and rising chronic pain cases.
  • Key players in the global market include Medtronic plc, Abbott Laboratories, Boston Scientific Corporation, B. Braun SE, Medline Industries, LP., Curonix LLC, SPR Therapeutics, Avanos Medical, Inc., Teleflex Incorporated, Curonix LLC, Xavant Technology, Vygon, and Neuspera Medical.

Polaris Market Research has segmented the market report based on product type, end user, and region:

By Product Type (Revenue, USD Million, 2020–2034)

  • Transcutaneous
  • Percutaneous
  • Implantable

By End User (Revenue, USD Million, 2020–2034)

  • Hospitals
  • Outpatient Centers

By Region (Revenue, USD Million, 2020–2034)

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Netherland
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • Malaysia
    • South Korea
    • Indonesia
    • Australia
    • Rest of Asia Pacific
  • Latin America
    • Mexico
    • Brazil
    • Argentina
    • Rest of Latin America
    • Latin America
  • Saudi Arabia
    • UAE
    • South Africa
    • Israel
    • Rest of South Africa