Deep Brain Stimulation Devices Market provided Comprehensive analysis of factors that drive and restrict the growth of the global market
The lack of permanent therapy for conditions such as Parkinson's disease and the risk of physically approaching the brain require stimulation of the brain. The increase in the elderly population, the rapid increase in the incidence of epilepsy, essential progression, and cases of Alzheimer 's and Parkinson' s disease complements the growth of the global deep brain stimulator market during the analysis.
New applications of cerebellum stimulation devices for the treatment of Alzheimer's disease and tinnitus have created opportunities for new players as well as existing players in the market. In addition, the preference for expert in-depth brain stimulation techniques (which cause many side effects) on drug therapy will increase the demand for global deep brain stimulation devices. Factors that inhibit market growth are high device costs and risk of infection at stimulator sites.
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The global deep brain stimulation devices market is classified based on DBS type applications and geography. The DBS types included in this report include Subthalamic DBS, Globus Pallidus DBS, Thalamic DBS and Pedunculopontine nucleus DBS. Depending on the application, the market is classified as chronic pain, dystonia, muscle strength, depression, obsessive compulsive disorder, epilepsy, Parkinson's disease and others (Alzheimer's disease, tinnitus).
Geographically, the market is divided into four regions: North America, Europe, Asia Pacific and LAMEA. One of the strategies adopted in major markets is the acquisition. For example, the Sorin group acquired Neurotech and expanded its product portfolio in the deep brain stimulator market.
The companies profiled in this report are
• Boston Scientific Corporation
• St. Jude Medical
• Functional Neuromodulation
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KEY MARKET BENEFITS:
• The report provides a quantitative analysis of the current market and estimations through 2014-2020, which would enable the stakeholders to capitalize on prevailing market opportunities
• Extensive analysis of the global Deep Brain Stimulation Devices market by product type helps in understanding the types of equipment that are currently used along with the variants that would gain prominence in future
• Competitive intelligence highlights the business practices followed by leading market players across various geographies
• Comprehensive analysis of factors that drive and restrict the growth of the global Deep Brain Stimulation market is provided
• SWOT analysis highlights the internal environment of leading companies for effective strategy formulation
• The Deep Brain Stimulation market scenario is comprehensively analysed in accordance to the key regions
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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.
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