Deep Brain Stimulators Market
Global Deep Brain Stimulators Market Size, Share & Trends Analysis Report by Product (Single Channel, and Dual Channel) by Applications (Parkinson’s Disease, Depression, and Others) by End-User (Hospitals and Clinics, and Research Institutes and Other), Forecast Period 2019-2025 Update Available - Forecast 2024-2030
Global deep brain stimulators market is expected to grow at a CAGR of around 7% during the forecast period. Deep Brain Stimulation is a device used for the treatment of neurological disorders such as Parkinson’s, Alzheimer’s and other psychiatric disorders such as dystonia, epilepsy, essential tremor, obsessive-compulsive disorder. It involves device implantation, referred to a neurostimulator. The neurostimulator works by transmitting electrical impulses through implanted electrodes, to particular targets in the brain. This, in turn, enables the treatment of neurological conditions. It is a minimally invasive procedure. The DBS consist of mainly three components, such as the lead, the extension and the implanted pulse generator (IPG). These components are surgically implanted inside the body.
The crucial factors that are driving the demand for deep brain stimulation include the growing prevalence of neurological and psychiatric disorders. According to the Parkinson’s Foundation, every year, nearly 60,000 Americans are diagnosed with Parkinson’s disease. Moreover, over 10 million people are living with Parkinson’s globally. The possibility of having Parkinson’s among men is 1.5 times more compared to women. The incidences of Parkinson’s disease rise with the age, however, an estimated 4% of people suffering from the disease are diagnosed earlier age 50. DBS enables for the treatment of Parkinson’s symptoms such as trouble walking, stiffness and tremors. It can also be used for the treatment of side effects associated with Parkinson’s medicines. Hence, such a rise in the prevalence of Parkinson’s disease is primarily boosting the demand for deep brain stimulators devices.
Few players operating in the global deep brain stimulators market include Medtronic PLC, Abbott Laboratories Inc., Boston Scientific Corp., LivaNova PLC, Cochlear, Ltd., Sonova Holding AG, Nevro Corp., ElectroCore LLC, and BioElectronics Corp. The market players adopt various strategies to expand their market share. For instance, in 2018, Abbott Laboratories, Inc. has declared FDA approval related to the over-the-air software upgrade for Infinity DBS systems. This enables to offer magnetic-resonance (MR)-conditional labeling and advanced features that will strengthen Infinity DBS system.
Research Methodology
The market study of the deep brain stimulators market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for medical device manufacturing companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
- Global Deep Brain Stimulators Market Research and Analysis by Product
- Global Deep Brain Stimulators Market Research and Analysis by Application
- Global Deep Brain Stimulators Market Research and Analysis by End-User
The Report Covers
- Comprehensive research methodology of the deep brain stimulators market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the deep brain stimulators market.
- Insights about market determinants which are stimulating the deep brain stimulators market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
1.2.3. By Stakeholders
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Deep Brain Stimulators Market by Product
5.1.1. Single Channel
5.1.2. Dual Channel
5.2. Global Deep Brain Stimulators Market by Applications
5.2.1. Parkinson’s Disease
5.2.2. Depression
5.2.3. Others
5.3. Global Deep Brain Stimulators Market by End-User
5.3.1. Hospitals and Clinics
5.3.2. Research Institutes and Other
5.4. Regional Analysis
5.5. North America
5.5.1. United States
5.5.2. Canada
5.6. Europe
5.6.1. UK
5.6.2. Germany
5.6.3. Italy
5.6.4. Spain
5.6.5. France
5.6.6. Rest of Europe
5.7. Asia-Pacific
5.7.1. China
5.7.2. India
5.7.3. Japan
5.7.4. Rest of Asia-Pacific
5.8. Rest of the World
6. Company Profiles
6.1. Abbott Laboratories (St. Jude Medical)
6.2. Beijing PINS Medical Co. Ltd.
6.3. Boston Scientific Corp.
6.4. Fisher Wallace
6.5. Functional Neuromodulation Ltd.
6.6. Medtronic PLC
6.7. NeuroPace Inc.
6.8. Renishaw PLC
6.9. Enteromedics
6.10. Cyberonics
6.11. Neurosigma
1. GLOBAL DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
2. GLOBAL SINGLE CHANNEL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL DUAL CHANNEL MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
5. GLOBAL PARKINSON’S DISEASE MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL DEPRESSION MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
9. GLOBAL HOSPITALS AND CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL RESEARCH INSTITUTES AND OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
12. NORTH AMERICAN DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
13. NORTH AMERICAN DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
14. NORTH AMERICAN DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
15. NORTH AMERICAN DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
16. EUROPEAN DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
17. EUROPEAN DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
18. EUROPEAN DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
19. EUROPEAN DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
20. ASIA-PACIFIC DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
21. ASIA-PACIFIC DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
22. ASIA-PACIFIC DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
23. ASIA-PACIFIC DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USERS, 2018-2025 ($ MILLION)
24. REST OF THE WORLD DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
25. REST OF THE WORLD DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2018-2025 ($ MILLION)
26. REST OF THE WORLD DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL DEEP BRAIN STIMULATORS MARKET SHARE BY PRODUCT, 2018 VS 2025 (%)
2. GLOBAL DEEP BRAIN STIMULATORS MARKET SHARE BY APPLICATION, 2018 VS 2025 (%)
3. GLOBAL DEEP BRAIN STIMULATORS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
4. GLOBAL DEEP BRAIN STIMULATORS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
5. US DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
6. CANADA DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
7. UK DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
8. FRANCE DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
9. GERMANY DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
10. ITALY DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
11. SPAIN DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
12. ROE DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
13. INDIA DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
14. CHINA DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
15. JAPAN DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF ASIA-PACIFIC DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
17. REST OF THE WORLD DEEP BRAIN STIMULATORS MARKET SIZE, 2018-2025 ($ MILLION)
