Deep Brain Stimulation Market (Updated Version Available)

The report offers detailed coverage of Deep Brain Stimulation industry and main market trends. Deep brain stimulation (DBS) is a neurosurgical procedure involving the implantation of a medical device called a neurostimulator (sometimes referred to as a brain pacemaker), which sends electrical impulses, through implanted electrodes, to specific targets in the brain (brain nuclei) for the treatment of movement and neuropsychiatric disorders.
Increasing prevalence of neurological disorders is one of the critical factors driving the growth of this market globally. With more than 450 million people worldwide affected by neurological disorders, such as Alzheimer disease, brain injuries, epilepsy, Parkinson\'s disease (PD), strokes, peripheral neuropathy, and paralysis, the market for DBS has a positive outlook in the coming years. For instance, PD is a progressive neurological disorder that affects the central nervous system resulting in muscle stiffness and slow movement. Although PD cannot be cured completely with medicines, DBS is preferred as it can be used to improve motor symptoms. Moreover, in cases of neurological injuries that lead to paralysis or disability, DBS can be used to restore movement, reduce tremor and dyskinesia, and improve the quality of life. Furthermore, DBS also helps in improving bladder control, restoring hand grasp, and improving walking in patients. Therefore, the increasing number of neurological disorders will bolster the growth of this market in the coming years.
Most DBS systems have received CE mark in Europe and then received approval in the US. Frequent approvals by regulatory services boost the market growth. The rise in the number of products seeking approval may help the market grow at a rapid pace during the forecast period.
The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Deep Brain Stimulation by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Deep Brain Stimulation market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

COVID-19 Impact
Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Deep Brain Stimulation market in 2020. The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.


First, this report covers the present status and the future prospects of the global Deep Brain Stimulation market for 2015-2027.

Key Companies
Boston Scientific Corp.
Medtronic plc
St. Jude Medical Inc
Adaptive Neuromodulation
Aleva Neurotherapeutics
Beijing Pins Medical
NeuroPace
NeuroSigma


At the same time, we classify Deep Brain Stimulation according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market by Order Type
Implanted pulse generator
The lead
Extension

Market by Application
PD
Epilepsy
Dystonia
OCD

Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Deep Brain Stimulation market for the forecast period 2021 - 2027?
• What are the driving forces in the Deep Brain Stimulation market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Deep Brain Stimulation industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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