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Global Deep Brain Stimulation Market to Witness a Pronounce Growth During 2024– Top Key players like NeuroPace,Medtronic plc,NeuroSigma,Inc.
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Deep brain stimulation (DBS) is a neurosurgical procedure involving the implantation of a medical device called a neurostimulator (sometimes referred to as a 'brain pacemaker'), which sends electrical impulses, through implanted electrodes, to specific targets in the brain (brain nuclei) for the treatment of movement and neuropsychiatric disorders.
Increasing prevalence of neurological disorders is one of the critical factors driving the growth of this market globally. With more than 450 million people worldwide affected by neurological disorders, such as Alzheimer disease, brain injuries, epilepsy, Parkinson’s disease (PD), strokes, peripheral neuropathy, and paralysis, the market for DBS has a positive outlook in the coming years. For instance, PD is a progressive neurological disorder that affects the central nervous system resulting in muscle stiffness and slow movement. Although PD cannot be cured completely with medicines, DBS is preferred as it can be used to improve motor symptoms. Moreover, in cases of neurological injuries that lead to paralysis or disability, DBS can be used to restore movement, reduce tremor and dyskinesia, and improve the quality of life. Furthermore, DBS also helps in improving bladder control, restoring hand grasp, and improving walking in patients. Therefore, the increasing number of neurological disorders will bolster the growth of this market in the coming years.
Most DBS systems have received CE mark in Europe and then received approval in the US. Frequent approvals by regulatory services boost the market growth. The rise in the number of products seeking approval may help the market grow at a rapid pace during the forecast period.
In 2018, the global Deep Brain Stimulation market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
Market Segment by Manufacturers, this report covers
Boston Scientific Corp.
Medtronic plc
St. Jude Medical Inc
Adaptive Neuromodulation
Aleva Neurotherapeutics
Beijing Pins Medical
NeuroPace
NeuroSigma
Market Segment by Type, covers
Implanted pulse generator
The lead
Extension
Market Segment by Applications, can be divided into
PD
Epilepsy
Dystonia
OCD
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Related Information:
North America Deep Brain Stimulation Market Growth 2019-2024
United States Deep Brain Stimulation Market Growth 2019-2024
Asia-Pacific Deep Brain Stimulation Market Growth 2019-2024
Europe Deep Brain Stimulation Market Growth 2019-2024
EMEA Deep Brain Stimulation Market Growth 2019-2024
Global Deep Brain Stimulation Market Growth 2019-2024
China Deep Brain Stimulation Market Growth 2019-2024
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