Deep Brain Stimulation Market is slated to grow rapidly in the coming years |NeuroPace, Inc., Synapse Biomedical Inc., Neuronetics., ReShape Lifesciences, Inc., Cyberonics
Global Deep Brain Stimulation Market is expected to rise from its initial estimated value of USD 888.20 million to an estimated value of USD 2138.63 million by 2026, registering a CAGR of 11.61% in the forecast period of 2019-2026. Rising Parkinson's disease is the major factor for the growth of this market.The information and data cited in this deep brain stimulation report is collected from the trustworthy sources such as websites, journals, mergers, and annual reports of the companies. deep brain stimulation market research report bestows clients with the best results and for the same it has been produced by using integrated approaches and latest technology. This helps businesses map the advertising, promotion, marketing and sales strategy more profitably and also assists in taking sound and efficient decisions. Not to mention, several charts and graphs have been used effectively to represent the facts and figures in a proper way.
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Key Market Competitors:
Few of the major competitors currently working in the deep brain stimulation market are Medtronic, Boston Scientific Corporation, Abbott., Cyberonics, Inc., Nevro Corp., NeuroSigma, Inc., NeuroPace, Inc., Synapse Biomedical Inc., Neuronetics., ReShape Lifesciences, Inc., Cyberonics, Inc., Zynex Medical, Functional Neuromodulation Ltd., MicroTransponder Inc., Aleva Neurotherapeutics SA.
Key Developments in the Market:
In February 2019, Medtronic announced the launch of their new deep brain stimulation (DBS) which is specially designed for medically-refractory epilepsy. The main aim of the launch is to provide better surgical treatment option to the treatment.
In January 2019, Boston Scientific Corporation announced the launch of their Vercise Primary Cell (PC) and Vercise Gevia Deep Brain Stimulation (DBS) Systems which is specially designed to control the shape, position, range and direction and treat the symptoms of Parkinson's disease (PD). These devices are small in size and usually have long rechargeable battery life. The main of the device is to provide good therapy to the patients.
Competitive Analysis:
Global deep brain stimulation 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 market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
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Segmentation: Global Deep Brain Stimulation Market
By Application
Pain Management
Epilepsy
Essential Tremor
Obsessive-Compulsive Disorder (OCD)
Depression
Dystonia
Parkinson's Disease
Others
By Product
Single Channel Deep Brain Stimulator
Dual Channel Deep Brain Stimulator
By Type
Subthalamic DBS
Globus Pallidus DBS
Thalamic DBS
Pedunculopontine nucleus DBS
By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
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