Leading Element Driving Change in the Deep Brain Stimulation Device Market in 2025: Increasing Disease Prevalence Surging Demand For Deep Brain Stimulation Devices Driver

How Are the key drivers contributing to the expansion of the deep brain stimulation device market?
The rise in neurological disorders is predicted to fuel the expansion of the deep brain stimulation device market. These medical conditions impact the central and peripheral nervous systems. Deep brain stimulation devices are designed to regulate irregular brain activity and correct chemical disparities in the brain that trigger various conditions. For example, the World Health Organization, a health agency based in Switzerland, noted that roughly 50 million people globally suffered from epilepsy as of February 2023. Additionally, the Parkinson's Foundation, a non-profit organization in America that aids Parkinson's disease patients, reported in 2022 that the new diagnoses of Parkinson's disease skyrocketed to 90,000 annually. This signifies a 50% rise from the previously anticipated rate of 60,000 diagnoses per year. Consequently, the escalating incidence of neurological illnesses is fueling the expansion of the deep brain stimulation device market.

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What growth opportunities are expected to drive the deep brain stimulation device market's CAGR through 2034?
The market for deep brain stimulation devices has seen a swift expansion in the past few years. It is projected to escalate from $1.54 billion in 2024 to $1.72 billion in 2025, showing a compound annual growth rate (CAGR) of 11.5%. The surge experienced during the historical period can be credited to a rise in the prevalence of neurological disorders, an aging demographic, the limited effectiveness of medications, enhanced awareness and acceptance, as well as advancements in surgical procedures.

The market for deep brain stimulation devices is projected to experience a swift expansion in the coming years, with estimates suggesting it will reach $2.67 billion by 2029, growing at a compound annual growth rate (CAGR) of 11.7%. Such progression during the forecast period could be a result of several factors including the broadening implications for DBS, surging healthcare costs, the emergence of cutting-edge devices, growing patient approval, governmental policies, and funding, along with collaborations and partnerships. There are several trends anticipated for the forecast period such as a focus on patient-engaging designs and user interfaces, enhanced research and development in closed-loop neuromodulation, integration with telehealth services, clarification of regulatory pathways, and burgeoning collaborations and partnerships.

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What are the emerging trends shaping the future of the deep brain stimulation device market?
Top-tier firms in the deep brain stimulation device market are innovating with advancements such as connected care technology. This novel tech seeks to magnify patient care quality and optimize treatment outcomes for individuals with movement disorders by facilitating remote programming and bettering communication between patients and healthcare providers. Connected care technology essentially brings together digital tools and platforms, enabling constant communication and data transfer between patients and healthcare providers, thus enhancing patient monitoring, treatment management, and healthcare delivery as a whole. For example, in January 2024, Abbott Laboratories, a leading US-based healthcare and medical device firm, secured approval from the US Food and Drug Administration for their Liberta RC DBS system. This is the smallest rechargeable deep brain stimulation device developed for treating movement disorders. The Liberta RC DBS system stands out due to its remote programming feature via the NeuroSphere Virtual Clinic, the need for only 10 recharges annually, and a design that is 31% more compact than rival devices. Notable additions are its wireless charging system capable of recharging the device every 37 days, and custom controls accessible through an Abbott patient controller or compatible iOS devices.

Which growth-oriented segments of the deep brain stimulation device market are leading the industry's development?
The deep brain stimulation device market covered in this report is segmented -

1) By Product Type: Single-Channel Deep Brain Stimulator, Dual-Channel Deep Brain Stimulator
2) By Application: Epilepsy, Essential Tremor, Obsessive-Compulsive Disorder (OCD), Depression, Dystonia, Parkinson's Disease, Pain Management, Other Applications
3) By End User: Hospitals, Neurology Clinics, Ambulatory Surgical Centers, Research Centers

Subsegments:
1) By Single-Channel Deep Brain Stimulator: Implantable Pulse Generators, Electrode Leads, Accessories
2) By Dual-Channel Deep Brain Stimulator: Implantable Pulse Generators, Electrode Leads, Accessories

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What regions are leading the charge in the deep brain stimulation device market?
North America was the largest region in the deep brain stimulation devices market in 2024.Asia-Pacific is expected to be the fastest-growing region in the global deep brain stimulation devices market report during the forecast period. The regions covered in the deep brain stimulation device market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

What companies are at the forefront of innovation in the deep brain stimulation device market?
Major companies operating in the deep brain stimulation device market include 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.

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What Is Covered In The Deep Brain Stimulation Device Global Market Report?

• Market Size Forecast: Examine the deep brain stimulation device market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the deep brain stimulation device market for a structured understanding.
• Key Players Overview: Analyze major players in the deep brain stimulation device market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the deep brain stimulation device market.
• Segment Contributions: Evaluate how different segments drive overall growth in the deep brain stimulation device market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the deep brain stimulation device market.
• Industry Challenges: Identify potential risks and obstacles affecting the deep brain stimulation device market.
• Competitive Landscape: Review strategic developments in the deep brain stimulation device market, including expansions, agreements, and new product launches.

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