United States Neurological Implants Market Trends: Innovative Devices Reshaping Neuroscience

DataM Intelligence unveils its latest report on the "Neurological Implants Market Size 2025," offering an in-depth analysis of market trends, growth drivers, competitive landscape, and regional dynamics. The study covers market size in value and volume, CAGR forecasts, and emerging opportunities that can guide businesses in seizing growth potential and crafting winning strategies. Packed with data-driven insights on current developments and future trends, this report is essential for companies aiming to stay ahead in the competitive Market.

Over 80% of deaths and health loss from neurological disorders occur in low- and middle-income countries, where access to neurological professionals is up to 70 times lower than in high-income regions, driving demand for neurological implants. Key players are focusing on innovative studies and product launches to expand the market. For example, Mint Neurotechnologies launched the "EXPLORE" project with a £100,000 grant to extend its neural sensing technology beyond drug-resistant epilepsy. Similarly, Neuralink initiated a feasibility study for a brain-computer interface enabling thought-controlled robotic arms, further fueling market growth.

According to HOSPIDIO News (2024), deep brain stimulation (DBS) surgery in India costs around $20,000-$28,000 (₹16.5-23 lakh), varying by device type and features. In high-income countries like the U.S., the procedure ranges from $35,000 to $100,000, making India a more affordable option.

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List of Top Key Player:

Medtronic, Boston Scientific Corporation, NeuroPace Inc., Abbott Laboratories, Aleva Neurotherapeutics, Renishaw PLC, NEVRO CORP., Synapse Biomedical Inc., and LivaNova PLC among others.

Industry Developments:

In January 2024, Medtronic plc announced FDA approval for its Percept RC Deep Brain Stimulation (DBS) system. This rechargeable neurostimulator expands the Medtronic Percept family, which also features the Percept PC neurostimulator, BrainSense technology, and SenSight directional leads.

The rising prevalence of neurological disorders is driving demand for advanced neural implants. In the U.S., Alzheimer's cases are projected to grow from 5.8 million to 14.3 million by 2060, while over 11 million individuals are affected by movement disorders and 3.4 million live with epilepsy. China leads the G20 with the highest incidence and prevalence of Parkinson's disease, with rates rising dramatically over the past decades.

Innovations in deep brain stimulation (DBS) are transforming treatment, offering customizable therapies for Parkinson's, essential tremor, dystonia, and epilepsy. Notable developments include $8 million in funding for soft neural implants, motor cortex-driven DBS research, and Medtronic's NeuroSmart Portable MER Navigation System in India, enhancing precision and effectiveness of DBS procedures.

Forecast Projection:

The Global Neurological Implants Market is poised for significant growth between 2025 and 2032. In 2024, the market maintained a steady upward trajectory, and with strategic initiatives by leading players accelerating adoption, the market is expected to soar throughout the forecast period. Companies leveraging these trends are well-positioned to capture emerging opportunities and maximize revenue potential.

Market Intelligence Research Process:

The Neurological Implants Market research report by DataM Intelligence combines primary and secondary data to deliver deep, actionable insights. It examines the full spectrum of factors shaping the industry, from government regulations and market conditions to competitive dynamics, historical trends, technological breakthroughs, upcoming innovations, and potential challenges. This comprehensive analysis not only highlights growth prospects but also identifies barriers, equipping businesses to navigate market volatility and capitalize on emerging opportunities.

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Key Segmentation:

Product Type: Deep Brain Stimulators | Vagus Nerve Stimulators | Spinal Cord Stimulators

Material: Silicon | Tungsten | Platinum-iridium | Nanotubes | Others

Application: Chronic Pain | Parkinson's Disease | Epilepsy | Depression | Essential Tremor | Alzheimer's Disease

End-User: Hospitals | Neurology Clinics | Others

Global Growth Regional Analysis:

⇥ 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:

Chapter 1 - Market Overview: Kickstarts the report with a comprehensive snapshot of the Neurological Implants Market, summarizing key segments by region, product type, and application. Highlights include market size, segment growth potential, and short- & long-term industry outlook.

Chapter 2 - Emerging Trends: Uncovers the game-changing trends and high-impact innovations shaping the future of the industry.

Chapter 3 - Competitive Landscape: Offers a deep dive into market competition, detailing revenue shares, strategic initiatives, and recent mergers & acquisitions.

Chapter 4 - Top Player Profiles: Features detailed company profiles, covering revenue, profit margins, product lines, and major milestones for leading market players.

Chapters 5 & 6 - Regional & Country Analysis: Breaks down revenue performance across global regions, providing insights on market sizes, opportunities, and growth prospects worldwide.

Chapter 7 - Segmentation Analysis: Explores market segmentation by type, revealing high-potential categories and guiding businesses towards lucrative areas.

Chapter 8 - Application Insights: Examines downstream markets and identifies promising sectors for expansion, showing how different applications are driving growth.

Chapter 9 - Supply Chain Mapping: Maps the entire industry supply chain, highlighting upstream and downstream activities for a holistic market perspective.

Chapter 10 - Key Takeaways: Concludes with critical insights and actionable strategies, equipping stakeholders to make informed decisions and stay ahead in the market.

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FAQ's

Q1: What is the current size of the Neurological Implants Market and its future potential?

A: The Neurological Implants Market was valued at US$ 5.88 billion in 2023 and is projected to surge to US$ 12.39 billion by 2031

Q2: How fast is the Neurological Implants Market expected to grow in the coming years?

A: The market is forecast to expand at a robust CAGR of 9.8 % between 2025 and 2032, signaling strong global growth and investment potential.

Q3: Which regions are dominating the Neurological Implants Market and which are fastest-growing?

A: North America dominating the Neurological Implants market.

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