Deep Brain Stimulation Devices market was valued at US$ 1100 million in 2022 and is anticipated to reach US$ 2230.6 million by 2029, witnessing a CAGR of 10.5% - Valuates Reports

Deep Brain Stimulation Devices market was valued at US$ 1100 million in 2022 and is anticipated to reach US$ 2230.6 million by 2029, witnessing a CAGR of 10.5% during the forecast period 2023-2029.

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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. DBS in select brain regions has provided therapeutic benefits for otherwise-treatment-resistant disorders such as Parkinson's disease, essential tremor, dystonia, chronic pain, major depression and obsessive-compulsive disorder (OCD). Despite the long history of DBS, its underlying principles and mechanisms are still not clear. DBS directly changes brain activity in a controlled manner, its effects are reversible (unlike those of lesioning techniques), and it is one of only a few neurosurgical methods that allow blinded studies.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Deep Brain Stimulation Devices key players include Medtronic, St Jude Medical, etc. Global top two manufacturers hold a share over 80%.
North America is the largest market, with a share over 50%, followed by China, and Europe, both have a share over 35 percent.
In terms of product, Single-channel DBS is the largest segment, with a share over 55%. And in terms of application, the largest application is Parkinson's Disease, followed by Essential Tremor, Dystonia, etc.

This report aims to provide a comprehensive presentation of the global market for Deep Brain Stimulation Devices, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Deep Brain Stimulation Devices.
The Deep Brain Stimulation Devices market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Deep Brain Stimulation Devices market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Deep Brain Stimulation Devices manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application and by regions.

Segment by Type
Single-channel DBS
Dual Channel DBS

Segment by Application
Parkinson's Disease
Essential Tremor
Dystonia
Others

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