From 2026 to 2033, the market is projected to expand at a CAGR of roughly 10%, driven by an aging global population, rising prevalence of diabetic neuropathy, and heightened payer reimbursement for evidence‑based therapies. Key forces shaping the sector include rapid technological innovation in minimally invasive neuromodulation, evolving regulatory pathways that accelerate device clearances, and shifting consumer preferences toward personalized, non‑opioid pain management. North America remains the largest region, anchored by robust R&D pipelines and favorable reimbursement, while the Asia‑Pacific region is the fastest‑growing market, propelled by expanding healthcare infrastructure and increasing awareness of neuropathic pain conditions.