Press release
Deep Brain Stimulation Devices Market Size, Trends & Forecast 2025 | Top key players - Medtronic plc, Boston Scientific Corporation, Abbott Laboratories | US Tariff Influence
The Global Deep Brain Stimulation Devices Market reached US$ 800.12 million in 2023 and is expected to reach US$ 1,585.24 million by 2031 growing with a CAGR of 9.1% during the forecast period 2024-2031.Deep Brain Stimulation Devices Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.
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The Deep Brain Stimulation (DBS) Devices Market refers to the industry focused on devices that deliver electrical impulses to specific brain regions to treat neurological disorders like Parkinson's disease, essential tremor, and epilepsy. These implantable systems help manage symptoms when medications fall short, offering patients improved quality of life through advanced, minimally invasive neuromodulation therapies.
List of the Key Players in the Deep Brain Stimulation Devices Market:
Medtronic plc, Boston Scientific Corporation, Abbott Laboratories, Aleva Neurotherapeutics, NeuroPace, Inc., SceneRay Co., Ltd., PINS Medical, Renishaw plc., BrainsWay Ltd., inomed Medizintechnik GmbH and among Others.
Industry Development:
In April 2024, Medtronic India introduced the NeuroSmartTM Portable Micro Electrode Recording (MER) Navigation system, designed to support Deep Brain Stimulation (DBS) therapy for Parkinson's disease. Developed in collaboration with Alpha Omega Engineering, the system offers advanced neurophysiological navigation and precise electrode placement by recording neural activity in real time. With its HaGuide automatic navigation, the system helps pinpoint the most effective brain target, optimizing symptom relief and improving patient outcomes.
In August 2024, Medtronic plc achieved a major milestone by receiving FDA approval for its Asleep Deep Brain Stimulation (DBS) surgery-a first in the industry. This approval allows DBS procedures to be performed while patients are asleep under general anesthesia, offering a more comfortable and less stressful experience for people with Parkinson's disease and essential tremors. Medtronic is currently the only company with FDA clearance for both awake and asleep DBS surgery options.
Assessing the Effects of U.S. Tariffs on the Market
The U.S. tariff war is reshaping how businesses analyze trends and make strategic decisions. As tariffs drive up costs and disrupt supply chains, companies are increasingly focused on understanding consumer behavior, identifying new sourcing opportunities, and adjusting their operations to remain competitive. The ongoing uncertainty has created a stronger demand for timely insights and data-driven strategies to navigate shifting trade dynamics and economic pressures.
Research Process:
Both primary and secondary data sources have been used in the global Deep Brain Stimulation Devices Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Segment Covered in the Deep Brain Stimulation Devices Market:
By Product Type: Single-Channel Systems, Dual-Channel Systems.
By Battery Type: Rechargeable Systems, Non-Rechargeable Systems.
By Stimulation Type: Stimulation Type, Voltage-Controlled Devices.
By Application: Movement Disorders, Psychiatric Disorders, Epilepsy, Chronic Pain, Alzheimer's Disease, Tourette Syndrome, Others.
By End-User: Hospitals and Clinics, Neurological Centers, Ambulatory Surgical Centers, Others.
Regional Analysis for Deep Brain Stimulation Devices Market:
The regional analysis of the Deep Brain Stimulation Devices Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Benefits of the Report:
➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.
➡ Top-down and bottom-up approach for regional analysis
➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.
➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market
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People Also Ask:
➠ What is the global sales, production, consumption, import, and export value of the Deep Brain Stimulation Devices market?
➠ Who are the leading manufacturers in the global Deep Brain Stimulation Devices industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?
➠ What opportunities and challenges do vendors in the global Deep Brain Stimulation Devices industry face?
➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?
➠ What are the key factors and limitations affecting the growth of the Deep Brain Stimulation Devices market?
➠ What are the various sales, marketing, and distribution channels in the global industry?
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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.
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