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Brain Implants Market Size to Worth USD 13.7 Billion by 2033 | With a 7.6% CAGR

12-05-2024 10:20 AM CET | Health & Medicine

Press release from: IMARC Group

Brain Implants Market

Brain Implants Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐ซ๐š๐ข๐ง ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ: ๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘

๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

โ— The global brain implants market size reached USD 6.6ย Billionย in 2024.
โ— The market is expected to reach USD 13.7ย Billion by 2033, exhibiting a growth rate (CAGR) of 7.6%ย during 2025-2033.
โ— North America leads the market, accounting for the largest brain implants market share.
โ— Deep brain stimulators hold the majority of the market share in the product segment due to their ability to improve quality of life of individuals suffering from neurological disorders.ย 
โ— Chronic pain exhibits a clear dominance in the brain implants industry.
โ— The rising prevalence of neurological disorders is a primary driver of the brain implants market.
โ— The growing investments in research and development (R&D) activities are reshaping the brain implants market.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/brain-implants-market/requestsample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ— ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ง๐ž๐ฎ๐ซ๐จ๐ญ๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

Researchers are making better neural interfaces. These enhance communication between the brain and devices, improving treatments. They are also optimizing safe materials for brain implants. Innovations in wireless communication are making data transfer easier. Moreover, AI and machine learning are improving interactions between the brain and machines. This leads to more personalized and efficient treatments, boosting market growth.

โ— ๐‘๐ข๐ฌ๐ข๐ง๐  ๐ฉ๐ซ๐ž๐ฏ๐š๐ฅ๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐ง๐ž๐ฎ๐ซ๐จ๐ฅ๐จ๐ ๐ข๐œ๐š๐ฅ ๐๐ข๐ฌ๐จ๐ซ๐๐ž๐ซ๐ฌ:

As neurological disorders like Parkinson's disease, epilepsy, Alzheimer's, and chronic depression are becoming more prevalent, particularly among aging populations, the demand for innovative treatment options is rising. Brain implants are gaining recognition due to their ability to deliver targeted and effective therapies, offering relief for patients who may not respond well to conventional treatments. With the rising number of individuals affected by these conditions, healthcare providers are increasingly adopting brain implants as a solution to expand the scope of available treatments.

โ— ๐†๐ซ๐จ๐ฐ๐ข๐ง๐  ๐ข๐ง๐ฏ๐ž๐ฌ๐ญ๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐š๐ง๐ ๐๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ (๐‘&๐ƒ) ๐š๐œ๐ญ๐ข๐ฏ๐ข๐ญ๐ข๐ž๐ฌ:

Public and private investments are boosting neurotechnology research. This leads to better, cheaper brain implants. The focus is on improving neural connections, materials, and wireless tech. As a result, implants become more reliable and accessible. This trend attracts investors. Meanwhile, healthcare advancements are tailoring treatments and enhancing outcomes. This growth further fuels the market.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/checkout?id=3861&method=502

๐๐ซ๐š๐ข๐ง ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ:

โ— Deep Brain Stimulators
โ— Spinal Cord Stimulators
โ— Vagus Nerve Stimulators

Deep brain stimulators represent the largest segment owing to their widespread use in treating disorders like Parkinson's disease.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

โ— Chronic Pain
โ— Epilepsy
โ— Parkinson's Disease
โ— Depression
โ— Essential Tremor
โ— Alzheimer's Disease

Chronic pain accounts for the majority of the market share because brain implants offer effective pain management for patients where conventional treatments have failed.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

โ— North America (United States, Canada)
โ— Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— Middle East and Africa

North America enjoys the leading position in the brain implants market due to its advanced healthcare infrastructure, significant investments in neurotechnology research, and high prevalence of neurological conditions.

๐“๐จ๐ฉ ๐๐ซ๐š๐ข๐ง ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

The brain implants market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

โ— Abbott Laboratories
โ— Aleva Neurotherapeutics SA
โ— Boston Scientific Corporation
โ— Medtronic plc
โ— NeuroPace Inc.
โ— Nevro Corp.
โ— Synchron

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=3861&flag=C

๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145 | United Kingdom: +44-753-713-2163

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