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Deep Brain Stimulation Systems Market 2018 by Key Players Analysis (Medtronic Plc, Boston Scientific, St. Jude Medical, Inc., Aleva Neurotherapeutics SA., Bioinduction Ltd., Soterix Medical Inc., Abbott Laboratories, Beijing Pins Medical Co., Ltd.,)
Press release from: Data Bridge Market Research
Global Deep Brain Stimulation Systems Market is expected to reach USD 2,116.3 million by 2025, from USD 888.3 million in 2017 growing at a CAGR of 11.8% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.
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Global Deep Brain Stimulation Systems Market, By Application (Pain Management, Epilepsy, Essential Tremor, Obsessive Compulsive Disorder (OCD), Depression, Dystonia, Parkinson’s disease, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)– Industry Trends and Forecast to 2025
Major Market Competitors/Players: Global Deep Brain Stimulation Systems Market
Some of the major players operating in the global deep brain stimulation systems market are:-
• Medtronic Plc,
• Boston Scientific St.
• Jude Medical Inc.,
• Aleva Neurotherapeutics SA.,
• Bioinduction Ltd.,
• Soterix Medical Inc.,
• Abbott Laboratories,
• Beijing Pins Medical Co. Ltd.,
• among others.
Deep brain stimulation systems are careful treatment for the patients with development and neuropsychiatric issue. Brain stimulation procedure includes implantation of gadgets known as neurostimulator, which sends the electrical flags through embedded terminals which particularly focuses of cerebrum. Brain stimulation procedure gadgets are precisely embedded and battery worked restorative gadgets like heart pacemakers. It is shown in Parkinson’s sickness, basic tremor, dystonia, significant melancholy and over the top urgent issue.
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Major Market Drivers and Restraints:
• Increasing incidence of Parkinson’s disease
• Technological advancements in deep brain stimulators
• High mortality and disease burden create clinical urgency for incorporation of long-term solutions
• Risk involves in surgical procedure
Competitive Analysis: Global Deep Brain Stimulation Systems Market
The global deep brain stimulation systems 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 systems market for global, Europe, North America, Asia Pacific and South America.
Market Segmentation: Global Deep Brain Stimulation Systems Market
• The global deep brain stimulation systems market is segmented based on application and geography
• By application the global deep brain stimulation systems market is segmented into Pain Management, Epilepsy, Essential Tremor, Obsessive Compulsive Disorder (OCD), Depression, Dystonia, Parkinson’s Disease and others.
• Based on geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, South Africa and, Brazil among others.
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