Global Deep Brain Stimulation Market Outlook On Key Growth Trends and Forecast Until 2025|Functional Neuromodulation Ltd., MicroTransponder Inc., Aleva Neurotherapeutics SA.
Global Deep Brain Stimulation Market is expected to rise from its initial estimated value of USD 888.20 million to an estimated value of USD 2138.63 million by 2026, registering a CAGR of 11.61% in the forecast period of 2019-2026. Rising Parkinson’s disease is the major factor for the growth of this market.
The deep brain stimulation market research report includes a thorough analysis of the market drivers, restraints, threats, and opportunities while it also addresses the lucrative investment options for the market players in the coming years. Estimates at a global as well as regional level are offered by the analysts. The market size, revenue generated from the sales and technologies by various application segments are also evaluated in this deep brain stimulation report. The report compiles widespread intelligence studies that explore almost every aspect of the global market. The data and information is extensively researched and analyzed in the report to guide market players to improve their business planning and ensure long-term success.
Key Market Competitors:
Few of the major competitors currently working in the deep brain stimulation market are Medtronic, Boston Scientific Corporation, Abbott., Cyberonics, Inc., Nevro Corp., NeuroSigma, Inc., NeuroPace, Inc., Synapse Biomedical Inc., Neuronetics., ReShape Lifesciences, Inc., Cyberonics, Inc., Zynex Medical, Functional Neuromodulation Ltd., MicroTransponder Inc., Aleva Neurotherapeutics SA.
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Key Developments in the Market:
In February 2019, Medtronic announced the launch of their new deep brain stimulation (DBS) which is specially designed for medically-refractory epilepsy. The main aim of the launch is to provide better surgical treatment option to the treatment.
In January 2019, Boston Scientific Corporation announced the launch of their Vercise Primary Cell (PC) and Vercise Gevia Deep Brain Stimulation (DBS) Systems which is specially designed to control the shape, position, range and direction and treat the symptoms of Parkinson’s disease (PD). These devices are small in size and usually have long rechargeable battery life. The main of the device is to provide good therapy to the patients.
Competitive Analysis:
Global deep brain stimulation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of deep brain stimulation market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Table of Contents
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. Global, By Component
7. Product Type
8. Delivery
9. Industry Type
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Segmentation: Global Deep Brain Stimulation Market
By Application
Pain Management
Epilepsy
Essential Tremor
Obsessive-Compulsive Disorder (OCD)
Depression
Dystonia
Parkinson’s Disease
Others
By Product
Single Channel Deep Brain Stimulator
Dual Channel Deep Brain Stimulator
By Type
Subthalamic DBS
Globus Pallidus DBS
Thalamic DBS
Pedunculopontine nucleus DBS
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
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