Deep Brain Stimulation Market Size and Growth Rate:
Deep brain stimulation market is expected to be around $3.2 billion by 2025. A 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 the 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. However, the high cost of the devices and risk of infection at the stimulator site are some of the factors restraining the market growth.
The Parkinson’s disease segment is expected to register steady growth over the forecast period.
Deep brain stimulation is most commonly used to treat Parkinson’s disease which is one of the most common neurological disorders. Due to its benefits in tracking short-term symptom fluctuations, DBS offers great value in treating Parkinson’s disease. Obsessive-compulsive disorder and dystonia segments are the next largest segments after Parkinson’s disease. DBS aids in enhancing the quality of life by improving motor symptoms in patients. Deep brain stimulation has wide applications in pain management.
North American Deep Brain Stimulation Market leading the Global Market.
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, the 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.
Opportunities in Global Deep Brain Stimulation Market
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.
Top Companies leading the Global Deep Brain Stimulation Market:
Medtronic Plc
St. Jude Medical
- Boston Scientific Corporation
- EnteroMedics
- Cyberonics
- Zynex
- Aleva Neurotherapeutics SA
The acquisition is one of the key strategies adopted by the major players in the DBS market. For instance, Medtronic acquired Sapiens Steering Brain Stimulation to extend its product portfolio in the deep brain stimulation market.
Detailed Segmentation of the Global Deep Brain Stimulation Market:
Deep Brain Stimulation Market - By Application:
Deep Brain Stimulation Market - By Region:
North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- Australia
- India
- South Korea
- Rest of Asia Pacific
- Rest of the World
- Brazil
- South Africa
- Saudi Arabia
- United Arab Emirates
- Others
Some of the key questions answered by the report are:
What was the market size in 2016 and forecast from 2017 to 2025?
What will be the industry market growth from 2017 to 2025?
- What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
- What are the major segments leading the market growth and why?
- Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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)
5. Deep Brain Stimulation Market, By Region
5.1. Introduction
5.2. Deep Brain stimulation Market Assessment and Forecast, By Region, 2016-2025 ($Million)
5.3. North America
5.3.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)
5.3.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.3.2.1. U.S.
5.3.2.1.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.3.2.2. Canada
5.3.2.2.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.3.2.3. Mexico
5.3.2.3.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.4. Europe
5.4.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)
5.4.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.4.2.1. Germany
5.4.2.1.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.4.2.2. France
5.4.2.2.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.4.2.3. UK
5.4.2.3.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.4.2.4. Italy
5.4.2.4.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.4.2.5. Spain
5.4.2.5.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.4.2.6. Russia
5.4.2.6.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.4.2.7. Rest of Europe
5.4.2.7.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.5. Asia-Pacific
5.5.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)
5.5.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.5.2.1. Japan
5.5.2.1.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.5.2.2. China
5.5.2.2.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.5.2.3. Australia
5.5.2.3.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.5.2.4. India
5.5.2.4.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.5.2.5. South Korea
5.5.2.5.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.5.2.6. Taiwan
5.5.2.6.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.5.2.7. Rest of Asia-Pacific
5.5.2.7.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.6. Rest of the World
5.6.1. Market Assessment and Forecast, By Country, 2016-2025 ($Million)
5.6.2. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.6.2.1. Brazil
5.6.2.1.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.6.2.2. Turkey
5.6.2.2.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.6.2.3. Saudi Arabia
5.6.2.3.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.6.2.4. South Africa
5.6.2.4.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.6.2.5. United Arab Emirates
5.6.2.5.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
5.6.2.6. Others
5.6.2.6.1. Market Assessment and Forecast, By Application, 2016-2025 ($Million)
6. Company Profiles
6.1. Medtronic Plc
6.1.1. Business Overview
6.1.2. Product Portfolio
6.1.3. Key Financials
6.1.4. Strategic Developments
6.2. Boston Scientific Corporation
6.2.1. Business Overview
6.2.2. Product Portfolio
6.2.3. Key Financials
6.2.4. Strategic Developments
6.3. St. Jude Medical
6.3.1. Business Overview
6.3.2. Product Portfolio
6.3.3. Key Financials
6.3.4. Strategic Developments
6.4. Aleva Neurotherapeutics SA.
6.4.1. Business Overview
6.4.2. Product Portfolio
6.4.3. Key Financials
6.4.4. Strategic Developments
6.5. Enteromedics
6.5.1. Business Overview
6.5.2. Product Portfolio
6.5.3. Key Financials
6.5.4. Strategic Developments
6.6. Cyberonics, Inc.
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Key Financials
6.6.4. Strategic Developments
6.7. Zynex
6.7.1. Business Overview
6.7.2. Product Portfolio
6.7.3. Key Financials
6.7.4. Strategic Developments
Table 1.Global Deep Brain Stimulation Market, By Application, 2016-2025($Million)
Table 2.Parkinson s Disease Market, By Region, 2016-2025($Million)
Table 3.Epilepsy Market, By Region, 2016-2025($Million)
Table 4.Obsessive-Compulsive Disorder Market, By Region, 2016-2025($Million)
Table 5.Dystonia Market, By Region, 2016-2025($Million)
Table 6.Pain Management Market, By Region, 2016-2025($Million)
Table 7.Depression Market, By Region, 2016-2025($Million)
Table 8.Other Applications Market, By Region, 2016-2025($Million)
Table 9.Deep Brain Stimulation Market, By Region, 2016-2025($Million)
Table 10.North America Deep Brain Stimulation Market, By Country, 2016-2025 ($Million)
Table 11.North America Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 12.U.S. Deep Brain Stimulation Market, by Application, 2016-2025 ($Million)
Table 13.Canada Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 14.Mexico Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 15.Europe Deep Brain Stimulation Market, By Country, 2016-2025 ($Million)
Table 16.Europe Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 17.Germany Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 18.France Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 19.UK Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 20.Italy Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 21.Spain Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 22.Russia Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 23.Rest of Europe Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 24.Asia-Pacific Deep Brain Stimulation Market, By Country, 2016-2025 ($Million)
Table 25.Asia-Pacific Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 26.Japan Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 27.China Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 28.Australia Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 29.India Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 30.South Korea Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 31.Taiwan Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 32.Rest of Asia-Pacific Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 33.Rest of the World Deep Brain Stimulation Market, By Country, 2016-2025 ($Million)
Table 34.Rest of the World Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 35.Brazil Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 36.Turkey Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 37.Saudi Arabia Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 38.South Africa Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 39.United Arab Emirates Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 40.Others Deep Brain Stimulation Market, By Application, 2016-2025 ($Million)
Table 41.Medtronic Plc: Key Strategic Developments, 2015-2017
Table 42.Boston Scientific Corporation: Key Strategic Developments, 2015-2017
Table 43.St. Jude Medical: Key Strategic Developments, 2015-2017
Table 44.Aleva Neurotherapeutics SA: Key Strategic Developments, 2015-2017
Table 45.Enteromedics: Key Strategic Developments, 2015-2017
Table 46.Cyberonics, Inc.: Key Strategic Developments, 2015-2017
Table 47.Zynex: Key Strategic Developments, 2015-2017