Global Deep Brain Stimulation Market is expected to rise from its initial estimated value of USD 888.20 million to an estimated value of USD 2138.63 million by 2026, registering a CAGR of 11.61% in the forecast period of 2019-2026. Rising Parkinson’s disease is the major factor for the growth of this market.
The deep brain stimulation market report is a summary about how is the market status right now and how will it be in the forecast years for medical device industry. This market report gives an in-depth knowledge on what the recent developments, product launches are, while also keeping the track for recent acquisitions, mergers, joint ventures and competitive research in the global market industry. The deep brain stimulation report gives details about the top players and brands that are driving the market. The report also provides the knowledge of all the drivers and restraints which are derived through SWOT analysis. Deep brain stimulation is a professional and detailed report that highlights primary and secondary drivers, market share, leading segments and geographical analysis.
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By providing truthful market research information, this deep brain stimulation report helps to extend your reach to the success in your business. It has happened to be the requisite of this rapidly changing market place to take up such market report which makes aware about the market environment. This report highlights all-inclusive professional study of the medical device industry which focuses on primary and secondary drivers, market share, competitor analysis, leading segments and geographical analysis. This market report takes into account myriad of aspects of the market analysis which today’s businesses call for. The market drivers and restraints have been thoroughly explained in this report using SWOT analysis.
Key Market Competitors:
Few of the major competitors currently working in the deep brain stimulation market are Medtronic, Boston Scientific Corporation, Abbott., Cyberonics, Inc., Nevro Corp., NeuroSigma, Inc., NeuroPace, Inc., Synapse Biomedical Inc., Neuronetics., ReShape Lifesciences, Inc., Cyberonics, Inc., Zynex Medical, Functional Neuromodulation Ltd., MicroTransponder Inc., Aleva Neurotherapeutics SA.
Key Developments in the Market:
In February 2019, Medtronic announced the launch of their new deep brain stimulation (DBS) which is specially designed for medically-refractory epilepsy. The main aim of the launch is to provide better surgical treatment option to the treatment.
In January 2019, Boston Scientific Corporation announced the launch of their Vercise Primary Cell (PC) and Vercise Gevia Deep Brain Stimulation (DBS) Systems which is specially designed to control the shape, position, range and direction and treat the symptoms of Parkinson’s disease (PD). These devices are small in size and usually have long rechargeable battery life. The main of the device is to provide good therapy to the patients.
Global deep brain stimulation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of deep brain stimulation market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
TABLE OF CONTENTS
1.1. Market Definitions
1.2. Research Methodology
1.3. Market Segmentation
3.4. Premium Market Trends
4.1. Value Chain Analysis
4.2. Technology Roadmap
4.3. Market Attractiveness Analysis
Segmentation: Global Deep Brain Stimulation Market
Obsessive-Compulsive Disorder (OCD)
Single Channel Deep Brain Stimulator
Dual Channel Deep Brain Stimulator
Globus Pallidus DBS
Pedunculopontine nucleus DBS
Middle East & Africa
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