Deep Brain Stimulation Market 2018 – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast – 2025

Deep brain stimulation market is expected to be around $3.2 billion by 2025. Rising number of people suffering from Parkinson’s disease and increased awareness about neurological disorders is driving the market globally. DBS can be used to treat various neurological disorders such as dystonia, Parkinson’s disease, epilepsy, Tourette syndrome, obsessive compulsive disorders, and chronic pain. According to WHO, neurological disorders category contributes to 2% of global burden of diseases. DBS also has major applications in controlling movement disorders. After Alzheimer’s disease, Parkinson’s disease is the most common neurological disorder.

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Deep brain stimulation market Regional Outlook
North America dominated the global deep brain stimulation market in 2016, due to the presence of advanced healthcare infrastructure along with favorable reimbursement policies. On the other hand, Asia-Pacific market is expected to exhibit significant growth over the forecast period. Increased disposable income and improved healthcare expenditure in emerging economies such as India and China will drive the growth of this market.

Deep brain stimulation market Competitive Analysis
Medtronic Plc, St. Jude Medical, Boston Scientific Corporation, EnteroMedics, Cyberonics, Zynex and Aleva Neurotherapeutics SA are the major companies operating in the global deep brain stimulation market.

Acquisition is one of the key strategies adopted by the major players in DBS market. For instance, Medtronic acquired Sapiens Steering Brain Stimulation to extend its product portfolio in the deep brain stimulation market.

Market Opportunities
Increasing cases of different neurological disorders, rise in age related neurological disorders, rapidly growing elderly population, and increased awareness about the availability of different treatments for neurological disorders propose significant opportunities for the growth of DBS market globally. Further, technological advancements to improve the functionality of these devices will boost the acceptance of these devices rapidly on a global level. The rising acceptance of these devices over drugs that may lead to side effects is another indicator of rising opportunities for market growth.

Deep Brain Stimulation Market Segmentation:

By Application: 

  • Obsessive-Compulsive Disorder
  • Epilepsy
  • Parkinson’s Disease
  • Pain Management
  • Dystonia
  • Depression
  • Others

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Table of Contents:

1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2. Executive Summary

2.1. Key Highlights

3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Share Analysis

3.3. Market Dynamics

3.3.1. Drivers

3.3.1.1. Rising Cases of Parkinson’s Disease Globally

3.3.1.2. Increased Awareness about Neurological Movement Disorders

3.3.2. Restraints

3.3.2.1. High Cost of the Devices

3.3.2.2. Risk of Infection at the Stimulator Site

3.3.3. Opportunities

3.3.3.1. Technological Advancements to Improve Functionality of these Devices

3.4. Industry Trends

4. Deep Brain Stimulation Market, By Application

4.1. Introduction

4.2. Deep Brain Stimulation Market Assessment and Forecast, By Application, 2016-2025

4.2.1. Parkinson’s Disease

4.2.1.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.2.2. Epilepsy

4.2.2.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.2.3. Obsessive-Compulsive Disorder (OCD)

4.2.3.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.2.4. Dystonia

4.2.4.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.2.5. Pain Management

4.2.5.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.2.6. Depression

4.2.6.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

4.2.7. Other Applications

4.2.7.1. Market Assessment and Forecast, By Region, 2016-2025 ($Million)

…CONTINUED FOR TOC

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