Press release
Brain Implants Market to Reach $10.8 Billion by 2031 | Medtronic PLC, Boston Scientific Corporation, Renishaw PLC
Brain Implants Market
Brain Implants Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
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The Brain Implants market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Brain implants are devices surgically placed within the brain to treat various neurological conditions, enhance brain function, or facilitate communication with external devices. These implants can be used for a range of purposes, including the treatment of conditions like Parkinson's disease, epilepsy, depression, and traumatic brain injury, as well as in research applications. Common types of brain implants include deep brain stimulators (DBS) for controlling abnormal brain activity, brain-computer interfaces (BCIs) that enable direct communication between the brain and external devices, and neuroprosthetics that restore lost functions such as movement or sensory perception. Brain implants can be used to restore cognitive, motor, or sensory function by electrically stimulating or modulating specific brain regions.
Forecast Growth Projected:
The Global Brain Implants Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Brain Implants Market:
Medtronic PLC, Boston Scientific Corporation, Renishaw PLC, Synchron Inc, Abbott Laboratories, LivaNova PLC, NeuroPace Inc, Sapiens Neuro, Neuralink, Nexstim
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Segment Covered in the Brain Implants Market:
By Type: Deep Brain Stimulator, Spinal Cord Stimulator, Vagus Nerve Stimulator
By Material: Silicon, Tungsten, Platinum-iridium, Nanotubes, Others
By Application: Alzheimer's Disease, Parkinson's Disease, Epilepsy, Chronic Pain, Others
By End User: Hospitals, Neurology clinics, Others
๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ:
๐๐๐๐จ๐ง๐ ๐๐ซ๐๐ข๐ง ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ ๐๐ฒ ๐๐๐ฎ๐ซ๐๐ฅ๐ข๐ง๐ค - ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐, ๐๐๐๐
Elon Musk's Neuralink has introduced its second brain implant, a device aimed at enabling users to control a computer cursor purely through thought. This new implant has undergone adjustments to address glitches observed with the first version. The goal of the device is to enhance human-computer interaction through direct neural control, marking a significant advancement in brain-machine interface technology.
๐๐๐ ๐๐ซ๐ข๐๐ฅ ๐จ๐ง ๐๐ซ๐๐ข๐ง ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ ๐ญ๐จ ๐๐จ๐๐ข๐๐ฒ ๐๐จ๐จ๐ - ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐
The National Health Service (NHS) in the UK is launching a groundbreaking trial to test the safety and efficacy of a brain implant designed to alter a patient's mood by modifying brain activity. The trial will involve 30 patients and is estimated to cost ยฃ6.5 million ($79.35 million). This initiative, which focuses on mental health conditions, marks a significant step in the use of brain implants for treating disorders like depression and anxiety.
๐๐๐ฆ๐๐ซ๐ข๐๐ ๐ ๐๐๐ซ๐ญ๐ง๐๐ซ๐ฌ๐ก๐ข๐ฉ ๐ญ๐จ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ ๐๐ซ๐๐ข๐ง ๐๐ฆ๐ฉ๐ฅ๐๐ง๐ญ๐ฌ ๐๐จ๐ซ ๐๐๐ฎ๐ซ๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ ๐๐๐ง๐ญ๐๐ฅ ๐๐๐๐ฅ๐ญ๐ก ๐๐จ๐ง๐๐ข๐ญ๐ข๐จ๐ง๐ฌ - ๐๐ฎ๐ ๐ฎ๐ฌ๐ญ ๐๐๐๐
A collaboration between scientists, health professionals, and business innovators in Cambridge has secured significant funding to fast-track brain implants aimed at treating neurological and mental health disorders. Led by Prof. George Malliaras, the project seeks to develop implants for conditions such as Parkinson's, dementia, depression, and chronic pain, with the goal of transforming how these diseases are treated by addressing their underlying neurological causes.
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Regional Break out:
The global Brain Implants Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
โ North America - US, Canada, Mexico
โ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
โ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
โ South America- Brazil, Argentina, Colombia, Rest of South America
โ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Brain Implants manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Brain Implants in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently asked questions:
โ What is the global sales value, production value, consumption value, import and export of Brain Implants market?
โ Who are the global key manufacturers of the Brain Implants Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
โ What are the Brain Implants market opportunities and threats faced by the vendors in the global Brain Implants Industry?
โ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
โ What focused approach and constraints are holding the Brain Implants market?
โ What are the different sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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