The global deep brain stimulation devices market is expected to grow from USD 900 million in 2019 to USD 2750 million by 2027, at a CAGR of 16.01% during the forecast period 2020-2027.
Deep brain stimulation is a device that implants electrodes in targeted areas of the brain to regulate abnormal impulses of the brain. The electrical impulses generated by the electrodes help in disabling various neurological dysfunctions. It is used for the effective treatment of uncontrollable pain. The process of deep brain stimulation can be done through surgery by implantation of a neurostimulator or pacemaker to maintain an appropriate balance of the circuits. It is composed of three components: electrode which is placed in the brain, neurostimulator which is placed under the skin and puts out electric current, and an extension to join the electrode and the neurostimulator.
The increasing prevalence of neurological diseases with changes in lifestyle, and adopting technologically advanced products will surge the market growth. The benefits of the stimulation devices like, efficacy, safety, higher patient satisfaction, better management of postsurgical complications, and others also drive the market growth.
This study delivers a comprehensive analysis of applications, product type, end-user and, regions. On the basis of applications, the market is divided into Parkinson's disease, dystonia, essential tremor, obsessive-compulsive disorder, and epilepsy. The Parkinson's disease is expected to hold a majority of market share due to a rise in the number of people suffering from it. The increasing awareness among the people regarding the technologically advanced treatment options will also fuel the growth of this market segment. Based on the type of products, the market can be divided into dual channel deep brain stimulators and single-channel deep brain stimulators. The dual-channel stimulators are considered to be more technologically advanced than single-channel stimulators, driving the higher growth rate of the product. The single-channel DBS systems are increasingly being adopted in the developing countries due to their affordable price. On the basis of the end-user, the market can be divided into hospitals, neurological centres, and ambulatory surgical centres. Hospitals hold the largest market share in the segment, and the market share is expected to multiply. Neurological disorders require the use of advanced equipment which are prevalent in hospitals driving the growth of the hospital segment.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. North America is expected to dominate the market with a higher number of patients of Parkinson disease, high number of R&D activities, technologically advanced stimulation devices, and availability of skilled technicians. The Asia-Pacific region is anticipated to show the highest market growth with the development of advanced healthcare technology and rising expenditure in the healthcare sector.
Some of the notable players in the market are Abbott Laboratories, Beijing PINS Medical Co. Ltd, Aleva Neurotherapeutics SA, Renishaw PLC, Boston Scientific Corporation, Medtronic plc, Functional Neuromodulation Ltd., Nevro Corporation, NeuroPace Inc., Neuronetics Inc, and Fisher Wallace. The major strategies used by the market players are research and development to come up with advanced technology, new and innovative product launches, and developing growth strategies.
Global Deep Brain Stimulation Devices Market Analysis And Forecast, By Application
Global Deep Brain Stimulation Devices Market Analysis And Forecast, By Product Type
Global Deep Brain Stimulation Devices Market Analysis And Forecast, By End User
Global Deep Brain Stimulation Devices Market Analysis And Forecast, By Regional Analysis
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Application
4.3.2. Market Attractiveness Analysis By Product Type
4.3.3. Market Attractiveness Analysis By End User
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Deep Brain Stimulation Devices Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Parkinson’s Disease
6.3. Dystonia
6.4. Essential Tremor
6.5. Obsessive Compulsive Disorder
6.6. Epilepsy
7. Global Deep Brain Stimulation Devices Market Analysis and Forecast, By Product Type
7.1. Segment Overview
7.2. Dual Channel Deep Brain Stimulators
7.3. Single Channel Deep Brain Stimulators
8. Global Deep Brain Stimulation Devices Market Analysis and Forecast, By End User
8.1. Segment Overview
8.2. Hospitals
8.3. Neurological Centres
8.4. Ambulatory Surgical Centres
9. Global Deep Brain Stimulation Devices Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Deep Brain Stimulation Devices Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Deep Brain Stimulation Devices Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. Abbott Laboratories
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. Beijing PINS Medical Co. Ltd
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Aleva Neurotherapeutics SA
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. Renishaw PLC
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. Boston Scientific Corporation
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Medtronic plc
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Functional Neuromodulation Ltd.
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. Nevro Corporation
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. NeuroPace Inc.
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Neuronetics Inc
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
List of Table
1. Global Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
2. Global Parkinson’s Disease In Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
3. Global Dystonia In Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
4. Global Essential Tremor In Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
5. Global Obsessive Compulsive Disorder Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
6. Global Epilepsy Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
7. Global Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
8. Global Dual Channel Deep Brain Stimulators, Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
9. Global Single Channel Deep Brain Stimulators, Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
10. Global Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
11. Global Hospitals, Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
12. Global Neurological Centres, Deep Brain Stimulation Devices Market, By Region, 2017–2027 (USD Billion)
13. Global Ambulatory Surgical Centres, Deep Brain Stimulation Devices Market, By Region, 2017–2027 (USD Billion)
14. Global Deep Brain Stimulation Devices Market, By Region, 2017–2027(USD Billion)
15. Global Deep Brain Stimulation Devices Market, By North America, 2017–2027(USD Billion)
16. North America Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
17. North America Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
18. North America Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
19. U.S. Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
20. U.S. Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
21. U.S. Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
22. Canada Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
23. Canada Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
24. Canada Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
25. Mexico Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
26. Mexico Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
27. Mexico Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
28. Europe Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
29. Europe Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
30. Europe Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
31. Germany Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
32. Germany Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
33. Germany Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
34. France Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
35. France Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
36. France Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
37. U.K. Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
38. U.K. Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
39. U.K. Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
40. Italy Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
41. Italy Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
42. Italy Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
43. Spain Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
44. Spain Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
45. Spain Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
46. Asia Pacific Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
47. Asia Pacific Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
48. Asia Pacific Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
49. Japan Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
50. Japan Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
51. Japan Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
52. China Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
53. China Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
54. China Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
55. India Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
56. India Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
57. India Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
58. South America Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
59. South America Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
60. South America Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
61. Brazil Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
62. Brazil Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
63. Brazil Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
64. Middle East and Africa Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
65. Middle East and Africa Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
66. Middle East Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
67. UAE Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
68. UAE Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
69. UAE Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
70. South Africa Deep Brain Stimulation Devices Market, By Application, 2017–2027(USD Billion)
71. South Africa Deep Brain Stimulation Devices Market, By Product Type, 2017–2027(USD Billion)
72. South Africa Deep Brain Stimulation Devices Market, By End User, 2017–2027(USD Billion)
List of Figures
1. Global Deep Brain Stimulation Devices Market Segmentation
2. Deep Brain Stimulation Devices Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Deep Brain Stimulation Devices Market Attractiveness Analysis By Application
9. Global Deep Brain Stimulation Devices Market Attractiveness Analysis By Product Type
10. Global Deep Brain Stimulation Devices Market Attractiveness Analysis By End User
11. Global Deep Brain Stimulation Devices Market Attractiveness Analysis By Region
12. Global Deep Brain Stimulation Devices Market: Dynamics
13. Global Deep Brain Stimulation Devices Market Share By Application (2019 & 2027)
14. Global Deep Brain Stimulation Devices Market Share By Product Type (2019 & 2027)
15. Global Deep Brain Stimulation Devices Market Share By End User (2019 & 2027)
16. Global Deep Brain Stimulation Devices Market Share by Regions (2019 & 2027)
17. Global Deep Brain Stimulation Devices Market Share by Company (2019)
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