Deep brain stimulation Market Report Upcoming Opportunities, Promising Business Strategies, Emerging Technologies and Forecast 2025|Growth by Key Players: Jude Medical, Boston Scientific Corporation, EnteroMedics, Cyberonics

Deep brain stimulation market is expected to be around $3.2 billion by 2025. Rising number of people suffering from Parkinson’s disease and increased awareness about neurological disorders is driving the market globally. DBS can be used to treat various neurological disorders such as dystonia, Parkinson’s disease, epilepsy, Tourette syndrome, obsessive compulsive disorders, and chronic pain. According to WHO, neurological disorders category contributes to 2% of global burden of diseases. DBS also has major applications in controlling movement disorders. After Alzheimer’s disease, Parkinson’s disease is the most common neurological disorder. However, the high cost of the devices and risk of infection at the stimulator site are some of the factors restraining the market growth.

Application Outlook and Trend Analysis:
The Parkinson’s disease segment is expected to register steady growth over the forecast period. Deep brain stimulation is most commonly used to treat Parkinson’s disease which is one of the most common neurological disorders. Due to its benefits in tracking short term symptom fluctuations, DBS offers great value in treating Parkinson’s disease. Obsessive compulsive disorder and dystonia segments are the next largest segments after Parkinson’s disease. DBS aids in enhancing the quality of life by improving motor symptoms in patients. Deep brain stimulation has wide applications in pain management.

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Regional Outlook and Trend Analysis:
North America dominated the global deep brain stimulation market in 2016, due to the presence of advanced healthcare infrastructure along with favorable reimbursement policies. On the other hand, Asia-Pacific market is expected to exhibit significant growth over the forecast period. Increased disposable income and improved healthcare expenditure in emerging economies such as India and China will drive the growth of this market.

Competitive Analysis:
Medtronic Plc, St. Jude Medical, Boston Scientific Corporation, EnteroMedics, Cyberonics, Zynex and Aleva Neurotherapeutics SA are the major companies operating in the global deep brain stimulation market.
Acquisition is one of the key strategies adopted by the major players in DBS market. For instance, Medtronic acquired Sapiens Steering Brain Stimulation to extend its product portfolio in the deep brain stimulation market.

Market Opportunities:
Increasing cases of different neurological disorders, rise in age related neurological disorders, rapidly growing elderly population, and increased awareness about the availability of different treatments for neurological disorders propose significant opportunities for the growth of DBS market globally. Further, technological advancements to improve the functionality of these devices will boost the acceptance of these devices rapidly on a global level. The rising acceptance of these devices over drugs that may lead to side effects is another indicator of rising opportunities for market growth.

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Table Of Content:-
1. Introduction
1.1. Report Description
1.2. Research Methodlogy
1.2.1. Secondary Research
1.2.2. Primary Research
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Share Analysis
3.3. Market Dynamics
3.3.1. Drivers
3.3.1.1. Rising Cases of Parkinson’s Disease Globally
3.3.1.2. Increased Awareness about Neurological Movement Disorders
3.3.2. Restraints
3.3.2.1. High Cost of the Devices
3.3.2.2. Risk of Infection at the Stimulator Site
3.3.3. Opportunities
3.3.3.1. Technological Advancements to Improve Functionality of these Devices
3.4. Industry Trend
4. Deep Brain Stimulation Market, By Application
4.1. Introduction
4.2. Deep Brain Stimulation Market Assessment and Forecast, By Application, 2016-2025
4.2.1. Parkinson’s Disease
4.2.1.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.2.2. Epilepsy
4.2.2.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.2.3. Obsessive-Compulsive Disorder (OCD)
4.2.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.2.4. Dystonia
4.2.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
4.2.5. Pain Management
4.2.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)
...CONTINUED FOR TOC

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Data Mining:
Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

About Crystal Market Research:
Crystal Market Research is a U.S. based market research and business intelligence company. Crystal offers one stop solution for market research, business intelligence, and consulting services to help clients make more informed decisions. It provides both syndicated as well as customized research studies for its customers spread across the globe. The company offers market intelligence reports across a broad range of industries including healthcare, chemicals & materials, technology, automotive, and energy.

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