Deep Brain Stimulation Devices Market to Grow Significantly at a CAGR of 10.5% by 2026 | Medtronic, Boston Scientific, Abbott, Beijing Pins

Global "Deep Brain Stimulation Devices Market" 2020 Research report provides information regarding market size, share, trends, growth, cost structure, global market competition landscape, market drivers, challenges and opportunity, capacity, revenue and forecast 2026. This report also includes the overall and comprehensive study of the Deep Brain Stimulation Devices market with all its aspects influencing the growth of the market. This report is exhaustive quantitative analyses of the Deep Brain Stimulation Devices industry and provides data for making strategies to increase the market growth and effectiveness.

The global Deep Brain Stimulation Devices market is valued at 952.5 million US$ in 2020 is expected to reach 1930.6 million US$ by the end of 2026, growing at a CAGR of 10.5% during 2021-2026.

North America is the largest sales place, with a sales market share nearly 51% in 2016. Following North America, Europe is the second largest sales place with the sales market share of 30%. China, Japan is also important sales regions for Deep Brain Stimulation Devices.

Deep Brain Stimulation Device market is mainly occupied by large companies, Sorin as the largest player in the market produced over 57% of Artificial Heart Lung Machine and made more than 59.6% of revenue share in 2016. MAQUET followed as second produced about 18.3% in 2016.

Through the above research we tend to believe that Medtronic is the most important player in the market and it will occupy a major share of the market with about 70%. The competition will become more intense, companies will play more and more attention to developing regions in the future. 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.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global Deep Brain Stimulation Devices Market: Medtronic, Boston Scientific, Abbott, Beijing Pins, SceneRay and others.

Industry News:

DUBLIN and SAN JOSE, Calif., Oct. 30, 2019 - Medtronic plc (NYSE:MDT) today announced the U.S. launch of its advanced Patient Programmer technology for Deep Brain Stimulation (DBS) therapy at the Samsung Developers Conference in San Jose, Calif. The new programmer - which received U.S. Food and Drug Administration (FDA) approval on July 3, 2019 - leverages a user-friendly, custom-configured Samsung mobile device which allows patients to manage their therapy more simply and discreetly. To date, more than 150,000 patients have been implanted with Medtronic DBS devices for management of Parkinson's symptoms and other conditions.

MARLBOROUGH, Mass., Jan. 24, 2019 - Boston Scientific Corporation (NYSE: BSX) has launched the Vercise(TM) Primary Cell (PC) and Vercise Gevia(TM) Deep Brain Stimulation (DBS) Systems featuring the Vercise Cartesia(TM) Directional Lead. The new systems, which were recently approved by the U.S. Food and Drug Administration (FDA), feature technology designed to allow physicians to control the range, shape, position and direction of electrical stimulation to treat the symptoms of Parkinson's disease (PD) through highly-personalized therapy. The Vercise Cartesia Directional Lead was the first directional lead introduced to the global market when it launched in Europe in 2015.

Global Deep Brain Stimulation Devices Market Split by Product Type and Applications:

This report segments the global Deep Brain Stimulation Devices market on the basis of Types are:
Single-channel DBS
Dual Channel DBS

On the basis of Application, the Global Deep Brain Stimulation Devices market is segmented into:
Parkinson's Disease
Essential Tremor
Dystonia
Others

Regional Analysis For Deep Brain Stimulation Devices Market:
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Influence of the Deep Brain Stimulation Devices Market Report:

-Comprehensive assessment of all opportunities and risk in the Deep Brain Stimulation Devices market.
-Detailed study of business strategies for growth of the Deep Brain Stimulation Devices market-leading players.
-Conclusive study about the growth plot of Deep Brain Stimulation Devices market for forthcoming years.
-In-depth understanding of Deep Brain Stimulation Devices market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the Deep Brain Stimulation Devices market.

What are the market factors that are explained in the report?

-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global Deep Brain Stimulation Devices Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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