Furthermore, the nerve repair and regeneration market are witnessing significant growth due to the increasing geriatric population. The generation of the new axon, glial cells, neurons, and myelin is referred to as nerve repair and regeneration. The process helps in the replacement of damaged nerve cells, cellular products, and tissues. Neurostimulation & Neuromodulation devices and biomaterials are the products that are utilized for reversing the damage caused to the nerve. Between these two, the largest demand is expected to be created for Neurostimulation and Neuromodulation devices in the coming years, due to increasing incidences of peripheral nerve injuries, favorable reimbursement policies, and technological advancements.