Press release
Deep Brain Stimulation Systems Market - Industry Trends and Forecast to 2029
Deep Brain Stimulation Systems Market
The Global Deep Brain Stimulation Systems Market Size
Deep brain stimulation refers to a surgical procedure that helps in implanting electrodes into part of the brain. The procedure painlessly stimulates the brain to stop several movement-related symptoms of Parkinson's.
Deep brain stimulation have been beneficial among people who experience medication-induced dyskinesias, wearing-off spells and disabling tremors. Global deep brain stimulation systems market was valued at USD 1,208.97 million in 2021 and is expected to reach USD 2,408.96 million by 2029, registering a CAGR of 9.00% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Market Analysis and Insights - Global Deep Brain Stimulation Systems Market
The deep brain stimulation systems market is analysed and market size insights and trends are provided by country, product type, application, type, and end user as referenced above.
North America dominates the deep brain stimulation systems market because of the increase in number of patients diagnosed with PD coupled with rising government funding and initiatives within the region.
Asia-Pacific (APAC) is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rise in prevalence of neurodegenerative disorders in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Global Deep Brain Stimulation Systems Market Country Level Analysis
The countries covered in the deep brain stimulation systems market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Global Deep Brain Stimulation Systems Market Share Analysis
The deep brain stimulation systems market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to deep brain stimulation systems market.
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Key Players Global Deep Brain Stimulation Systems Market
Some of the major players operating in the deep brain stimulation systems market are Boston Scientific Corporation (US), Fisher Wallace (US), SceneRay Corporation, Limited (China), Beijing PINS Medical Co., Ltd (China), ALEVA NEUROTHERAPEUTICS SA (Switzerland), MEDTRONIC (Ireland), and Abbott (US) among others.
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