Global Deep Brain Stimulation Devices Market report categorizes the global report, by Application (Parkinson's Disease, Essential Tremor, Dystonia, Others), and by Geography - Trends, Outlook, and Forecast from 2016-2024.
A recent report published by Precision Business Insights on Deep Brain Stimulation Devices Market provides in-depth analysis of segments and sub-segments in the global as well as regional.
Deep brain stimulation is defined as a surgery that involves the implantation of an electrical device in the body. This device is responsible for sending electrical signals to the areas of brain, which are responsible for body movement. Furthermore, the devices which are used to monitor the stimulation of brain are called as deep brain stimulation devices.
Deep Brain Stimulation (DBS) Devices market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Deep Brain Stimulation (DBS) Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.
According to the Market Statsville Group (MSG), the global deep brain stimulation devices market size is expected to grow from USD 1,318.5 million in 2021 to USD 3033.4 million by 2030, at a CAGR of 9.7% from 2022 to 2030. The deep brain stimulation (DBS) device, also known as a brain pacemaker, assists in relieving parkinson's disease symptoms (PD).
The Global Deep Brain Stimulation Devices Industry report focuses on global major leading industry players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out. The Deep Brain Stimulation Devices industry development trends and marketing channels are analyzed.
the scope of this report. The market size of spinal cord stimulation is observed to be the largest among the considered stimulation types. Wide therapeutic application of spinal cord stimulation and intense market penetration are the key factors contributing to the dominance of the spinal cord stimulators segment. Further technological innovation and expansion in the therapeutic scope will augment the reach of this segment during the forecast period. On the other hand, deep brain stimulators are anticipated to be rapidly adopted in the global market particularly for treating peculiar neurological conditions.
Increasing elderly population is a pivotal factor driving Pain Management Devices Market. As per WHO, the global population aged 60 years and above is expected to reach 2 billion by 2050 from 900 million in 2015. Increasing age is directly linked to rising prevalence of age related chronic disorders such as cancer, musculoskeletal and neurological disorders requiring pain management devices.
Increasing incidence rates of target neurological disorders such as Parkinson’s and demand for minimally invasive surgical procedures are some primary factors expected to drive the deep brain stimulators market.
Neuromodulation devices have emerged as one of the fastest growing segments of the medical device market due to high demand for minimally invasive and non–invasive treatment. With advancements in technology, neuromodulation is expected to become a promising therapeutic area and high growth industry in the next decade, as it offers symptomatic relief mainly from chronic pain, incontinence, heart failure, headache, depression, epilepsy, etc. The neuromodulation devices market includes deep brain stimulation, spinal cord stimulation, vagus nerve stimulation, sacral nerve stimulation and others external stimulation devices such as transcranial magnetic stimulation, and transcutaneous electrical nerve stimulation (TENS).
According to a new market report published by Persistence Market Research “Global Market Study on Neurostimulation Devices – Deep Brain Stimulation Devices to Witness Highest Growth by 2020,” the global neurostimulation devices market was valued at US$ 5,088.9 Mn in 2014 and is expected to grow at a CAGR of 12.7% from 2014 to 2020, to reach US$ 10,445.7 Mn by 2020.
The global deep brain stimulation devices market size was estimated to be US$ 1 billion in 2020 and is estimated to reach US$ 2.7 billion by 2031 at a CAGR of 9.4%. Deep brain stimulation is characterized as a medical procedure that includes the implantation of an electrical device in the body.
According to a new market report published by Persistence Market Research “Global Market Study on Neurostimulation Devices – Deep Brain Stimulation Devices to Witness Highest Growth by 2020,” the global neurostimulation devices market was valued at US$ 5,088.9 Mn in 2014 and is expected to grow at a CAGR of 12.7% from 2014 to 2020, to reach US$ 10,445.7 Mn by 2020.
According to a new market report published by Persistence Market Research “Global Market Study on Neurostimulation Devices – Deep Brain Stimulation Devices to Witness Highest Growth by 2020,” the global neurostimulation devices market was valued at US$ 5,088.9 Mn in 2014 and is expected to grow at a CAGR of 12.7% from 2014 to 2020, to reach US$ 10,445.7 Mn by 2020.
According to a new market report published by Persistence Market Research “Global Market Study on Neurostimulation Devices – Deep Brain Stimulation Devices to Witness Highest Growth by 2020,” the global neurostimulation devices market was valued at US$ 5,088.9 Mn in 2014 and is expected to grow at a CAGR of 12.7% from 2014 to 2020, to reach US$ 10,445.7 Mn by 2020.
Neuromodulation is technology which is used for modification or variation in the nerve activity by using chemical agents or electrical stimulation to the specific neurological sites in the body. Neuromodulation devices are used by the application of electrodes to the brain, peripheral nerves or the spinal cord.
Neurostimulation Devices Market Analysis by Product, Application Type (Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression, Dystonia, Gastroparesis, Parkinson's Disease) Type and End User: Forecast to 2026
Neurostimulation Devices Market, report helps to analyze the industry dynamics that mainly covers drivers, restraints, and segmentation, says TBRC. https://bit.ly/3wOZYyk
According to the latest research report by IMARC Group, The global brain implants market size reached US$ 6.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8% during 2024-2032. More Info:- https://www.imarcgroup.com/brain-implants-market
Market growth can be attributed to factors such as rising geriatric population, increasing prevalence of neurological diseases, strong product pipeline offered by the players. In addition, rapid advances in the field of neurostimulation and development of minimally invasive techniques have greatly expanded the market.
The Global Neurostimulation devices market share report provides numbers for applications and regional segments of the industry covering historical as well as forecast data for decision makers.
Neuromodulation is technology which is used for modification or variation in the nerve activity by using chemical agents or electrical stimulation to the specific neurological sites in the body. Neuromodulation devices are used by the application of electrodes to the brain, peripheral nerves or the spinal cord. The therapy provides relief to patients from pain and accompanying side-effects of drugs.
Neurostimulation Devices Market Analysis by Product, Application Type (Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression, Dystonia, Gastroparesis, Parkinson's Disease) Type and End User: Forecast to 2026
This Deep Brain Stimulator market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study.
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This Report provided by GrandResearchStore is about , Global market for Neurostimulation Devices it presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry–validated market data. It also contains projections using a suitable set of assumptions and methodologies.
In 2017, sales of neuromodulation devices remained on the upside and a similar trend is likely to follow in 2018. Neuromodulation has gained significant traction over the past couple of years, which has reflected favourably on the Global Neuromodulation Devices Market.
In 2017, sales of neuromodulation devices remained on the upside and a similar trend is likely to follow in 2018. Neuromodulation has gained significant traction over the past couple of years, which has reflected favourably on the Global Neuromodulation Devices Market.
The neurostimulators market is expected to witness highest growth during forecast period. The demand for neurostimulators, especially deep brain stimulators is increasing significantly across the globe. The increasing prevalence of chronic pain, such as neuropathic pain, pain due to diabetes, arthritis pain and pain from injury is significantly increasing the demand for neurostimulators.
The Global Epilepsy Devices Market was is likely to reach $1157.58 million by 2028, growing at a CAGR of 8.16% during the forecast period 2022-2028. Read More.
The Neurorehabilitation devices market is expected to exceed more than US$ 3 Billion by 2024; Growing at a CAGR of more than 15.2% in the given forecast period.
Geographically, this report split global into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Neurostimulation Devices for these regions, from 2012 to 2022
The implantable drug delivery devices market is expected to exceed more than US$ 27 billion by 2021; Growing at a CAGR of more than 8.6% in the given forecast period.
Untapped, rapidly growing markets of Asia and Latin America have presences of abundant unmet needs and thus offer future growth opportunities to the neurostimulation devices market.
Parkinson’s disease refers to the combination of progressive, degenerative neurological motor disorder which generally affects the dopaminergic cells of the brain. Some of the common symptoms of the neurological disorder are rigidity, bradykinesia, tremors and postural volatility. The disease is known to affect the patient’s facial expressions, hand & leg movements as worsens with the increase in age.
A new market study based on the Active Implantable Medical Device Market designed from various sources which also include porter's five forces analysis research techniques to explore the new opening of the market for the period of 2019-2025. The study also interrogates and examines the information based on share, market size, growth path, and the latest trends to recognize the potential value of the market. And most importantly, the data on the current business scenario will also help players to understand the stakeholder strategies and discover the new opportunities which will help them to succeed in their way.
See Neurostimulation Devices Market Full Report @ https://goo.gl/C6OMnd. Global Neurostimulation Devices Market is expected to cross US$5 Billion by 2021. It is expected that deep brain stimulation segment will grab nearly 20% market share by the year end of 2021. Neurostimulation Devices Market 2016 study Report Analysed by: Segment Insights, Regional Insights, Application Insights, Company Insights and Neurostimulation Devices Market: Segmentation.