Press release
Deep Brain Stimulation Device Market: Surging to $2.67 Billion by 2029 at 11.7% CAGR Amidst Robust Trend Shifts and Key Market Drivers
Deep Brain Stimulation Device Market Size
What Is The Projected Market Size Of The Global Deep Brain Stimulation Device Market And Its Growth Rate?
• The market size of deep brain stimulation devices rose from $1.54 billion in 2024 to $1.72 billion in 2025, marking a compound annual growth rate (CAGR) of 11.5%.
• The market is expected to further increase to $2.67 billion in 2029, with a CAGR of 11.7%.
What Is Driving The Growth In The Deep Brain Stimulation Device Market?
The growth of the deep brain stimulation device market is being propelled by the increasing prevalence of neurological disorders. Disorders affecting the central and peripheral nervous systems necessitate the use of deep brain stimulation devices to control abnormal brain activity and adjust chemical imbalances. As per the World Health Organization, around 50 million people around the globe had epilepsy as of February 2023. Also, the Parkinson's Foundation reported that from 60,000, the annual diagnosis of Parkinson's disease saw a 50% increase to 90,000 in 2022. Hence, the increasing prevalence of neurological disorders is driving the growth of the DBS market.
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Who Are The Key Players Driving Deep Brain Stimulation Device Market Growth?
• Medtronic PLC
• Abbott Laboratories
• Boston Scientific Corporation
• Aleva Neurotherapeutics SA
• Functional Neuromodulation Ltd
• NeuroPace, Inc.
• LivaNova PLC
• Beijing PINS Medical Co. Ltd.
• SceneRay Corporation
• Synapse Biomedical Inc.
• Deep Brain Innovation LLC
• Nevro Corp.
• MicroPort NeuroTech
• Stimwave LLC
• Sapiens Neuro
• Neuronetics Inc.
• BlueWind Medical Ltd.
• Brainsway Ltd.
• Neuralink Corporation
• Med-Ally LLC
• Axion BioSystems Inc.
• CereGate GmbH
• NeuroSigma Inc.
• Bioinduction Ltd.
• Alpha Omega Engineering Ltd.
• Helius Medical Technologies
• ANM Adaptive Neuromodulation GmbH
• MagVenture A/S
• Precisis AG
• Monteris Medical Inc.
What Are The Key Trends In The Deep Brain Stimulation Device Market?
• Patient-centric design and user interface in DBS devices
• Developments in closed-loop neuromodulation
• Integration of telehealth services
• Clarifications in regulatory pathways
• Increased collaborations and partnerships in the industry
What Are The Segments Of The Global Deep Brain Stimulation Device Market?
• Product Type: Single-Channel Deep Brain Stimulator, Dual-Channel Deep Brain Stimulator
• Application: Epilepsy, Essential Tremor, Obsessive-Compulsive Disorder (OCD), Depression, Dystonia, Parkinson's Disease, Pain Management, Other Applications
• End-User: Hospitals, Neurology Clinics, Ambulatory Surgical Centers, Research Centers
Which Region Leads The Deep Brain Stimulation Device Market?
North America was the largest market for deep brain stimulation devices in 2024. Meanwhile, Asia-Pacific is expected to be the fastest-growing region in the industry during the forecast period. Other key regions in the DBS market include Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Deep Brain Stimulation Device Market Global Market Report?
• Market Size Analysis: Analyze the Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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