Key Trends Influencing the Growth of the Deep Brain Stimulation Device Market in 2025: Innovative Advancements In Deep Brain Stimulation Devices

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What Is the Expected CAGR for the Deep Brain Stimulation Device Market Through 2025?
Over the past few years, the market size for deep brain stimulation devices has seen significant expansion. Starting at $1.54 billion in 2024, it's projected to increase to $1.7 billion in 2025 with a compound annual growth rate (CAGR) of around 10.7%. The market's historic development is due to various factors, including a rise in neurological disorders, an aging demographic, the insufficient efficacy of current medications, enhanced cognizance and acceptance, and betterment in surgical procedures.

What's the Projected Size of the Global Deep Brain Stimulation Device Market by 2029?
Anticipations are high for a swift expansion in the deep brain stimulation device market in the ensuing years. The market is estimated to balloon to $2.63 billion by 2029, boasting a compound annual growth rate (CAGR) of 11.4%. Factors catalyzing growth during this forecast period range from rising healare expenditures and development of cutting-edge devices to an increase in patient acceptance, governmental aid, and cohesive collaborations and partnerships. Noteworthy trends for this period comprise patient-focused design and user interface, innovation in closed-loop neuromodulation, integration with telehealth, clarity in regulatory pathways, and a surge in collaborations and partnerships.

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Top Growth Drivers in the Deep Brain Stimulation Device Industry: What's Accelerating the Market?
The deep brain stimulation device market is anticipated to grow due to the rising frequency of neurological diseases. These medical conditions, which impair the central and peripheral nervous systems, are known as neurological disorders. Devices used for deep brain stimulation work by moderating irregular brain activity and correcting the brain's chemical imbalances that lead to multiple conditions. For instance, in February 2023, as per the Switzerland-based World Health Organization specializing in health matters, there were around 50 million epilepsy cases worldwide. Furthermore, per the 2022 Parkinson's Foundation report - a nonprofit organization from the USA striving for Parkinson's disease patients - newly diagnosed Parkinson's disease cases attained 90,000 per year. This represents a 50% surge from the former estimated rate of 60,000 diagnoses annually. Consequently, the higher frequency of neurological disorders is spurring the expansion of the deep brain stimulation device market.

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Which Fast-Growing Trends Are Poised to Disrupt the Deep Brain Stimulation Device Market?
Prominent corporations in the deep brain stimulation device industry are progressing technologically by integrating connected care technology. This advancement enhances patient treatment by facilitating remote programming, honing communication between patients and healare providers, and improving treatment results for individuals with movement disorders. Connected care technology is the unification of digital instruments and platforms that promote perpetual communication and data sharing between patients and medical professionals, thereby improving patient monitoring, treatment control, and overall medical service. For example, Abbott Laboratories, a healare and medical device firm in the United States, received authorization from the US Food and Drug Administration for the Liberta RC DBS system, the minutest rechargeable deep brain stimulation device for treating movement disorders, in January 2024. The key attributes of the Liberta RC DBS system encompass remote programming via the NeuroSphere Virtual Clinic, only 10 recharges annually, and a compact structure that is 31% littler than its rivals. Additionally, this system features a wireless charging function that enables the device to recharge every 37 days and also incorporates adaptable controls through an Abbott patient controller or compatible iOS devices.

What Are the Main Segments in the Deep Brain Stimulation Device Market?
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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Which Top Companies are Driving Growth 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.

Which Regions Will Dominate the Deep Brain Stimulation Device Market Through 2029?
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

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