Growth Factors of Deep Brain Stimulation dbs devices Market
Introduction
Deep Brain Stimulation (DBS) is an advanced neurosurgical technique used ttreat movement disorders such as Parkinson’s disease, essential tremor, and dystonia. DBS involves implanting a device that delivers electrical impulses tspecific areas of the brain, helping tregulate abnormal brain activity. The global DBS devices market has been experiencing significant growth, driven by increasing neurological disorders, technological advancements, and a growing geriatric population.
Market Overview
According ta report by Fortune Business Insights, Deep Brain Stimulation (DBS) Devices Market highlights a projected market growth from $696.4 million in 2018 t$2,974.1 million by 2026 at a CAGR of 10.8%. Growth is driven by rising neurological disorders, increasing geriatric population, and demand for minimally invasive surgeries. The dual-channel DBS segment is expected tgrow rapidly due ttechnological advancements. Hospitals are the dominant end-user. Additionally, innovations in minimally invasive neurosurgery have contributed tthe wider adoption of DBS devices.
Key Growth Factors
Several factors are driving the growth of the DBS devices market:
1. Increasing Cases of Neurological Disorders
Parkinson’s disease, epilepsy, and dystonia cases are on the rise globally. DBS has emerged as an effective therapy, especially for patients whdnot respond well tmedication.
2. Aging Population
The global elderly population is growing, increasing the demand for neurosurgical treatments. Since many neurological disorders are age-related, the need for DBS devices is expected trise.
3. Advancements in Technology
Newer DBS systems come with better battery life, wireless programming, and adaptive stimulation, making them more effective and patient-friendly.
4. Growing Acceptance of Minimally Invasive Surgeries
DBS procedures are minimally invasive compared ttraditional brain surgeries. As a result, more patients and healthcare providers are considering DBS as a preferred treatment option.
Market Segmentation
The DBS devices market can be segmented based on product type, application, and end-user.
- By Product Type:
Dual-channel DBS devices (gaining popularity due tbetter effectiveness)
- By Application:
Epilepsy
Essential tremor
Dystonia
Obsessive-compulsive disorder (OCD)
- By End-User:
Specialty clinics
Research centers
Regional Market Insights
- North America leads the DBS market due tadvanced healthcare infrastructure and high adoption of new medical technologies.
- Europe follows closely, with strong research initiatives in neurology.
- Asia-Pacific is witnessing rapid growth due tan increasing elderly population and rising healthcare investments.
Despite its growth, the DBS market faces certain challenges:
- High costs of surgery and devices
- Limited awareness in developing regions
- Regulatory hurdles for new DBS technologies
The future of the DBS devices market looks promising, with continuous innovations, increasing FDA approvals, and broader acceptance in medical communities. Companies are investing in wireless and AI-driven DBS systems, which will further enhance treatment effectiveness.
Conclusion
The DBS devices market is expanding rapidly, driven by technological advancements and rising neurological disorders. As awareness and accessibility improve, DBS devices will become a more integral part of neurological treatment worldwide.
ATTRIBUTE DETAILS
Study Period - 2015-2026
Base Year - 2018
Forecast Period - 2019-2026
Historical Period - 2015-2017
Unit - Value (USD million)
Segmentation By Product Type
- Dual Channel Deep Brain stimulators
- Single Channel Deep Brain Stimulators
- Parkinson's Disease
- Dystonia
- Essential Tremor
- Others
- Hospitals
- Specialty Clinics
- Others
- North America (U.S. and Canada)
- Europe (U.K., Germany, France, Italy, Spain, Scandinavia, and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia, and Rest of Asia Pacific)
- Latin America (Brazil, Mexico, and Rest of Latin America)
- Middle East and Africa ( South Africa, GCC, and Rest of the Middle East & Africa)
Please Note: It will take 5-6 business days to complete the report upon order confirmation.
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Industry Background of Deep Brain Stimulation Devices Market
- 4.2. New Product Launch
- 4.3. Porter’s five forces analysis
- 4.4. Key Merger and Acquisition Strategies by Top Players
- 4.5. Overview on Technological Advancements Pertaining to the Deep Brain Stimulators
- 5. Global Deep Brain Stimulation (DBS) Devices Market Analysis, Insights and Forecast, 2015-2026
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product Type
- 5.2.1. Dual Channel Deep Brain stimulators
- 5.2.2. Single Channel Deep Brain Stimulators
- 5.3. Market Analysis, Insights and Forecast – By Application
- 5.3.1. Parkinson's Disease
- 5.3.2. Dystonia
- 5.3.3. Essential Tremor
- 5.3.4. Others
- 5.4. Market Analysis, Insights and Forecast – By End User
- 5.4.1. Hospitals
- 5.4.2. Specialty Clinics
- 5.4.3. Others
- 5.5. Market Analysis, Insights and Forecast – By Country
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America
- 5.5.5. Middle East & Africa
- 6. North America Deep Brain Stimulation (DBS) Devices Market Analysis, Insights and Forecast, 2015-2026
- 6.1. Key Findings / Summary
- 6.2. Market Analysis – By Product Type
- 6.2.1. Dual Channel Deep Brain stimulators
- 6.2.2. Single Channel Deep Brain Stimulators
- 6.3. Market Analysis – By Application
- 6.3.1. Parkinson's Disease
- 6.3.2. Dystonia
- 6.3.3. Essential Tremor
- 6.3.4. Others
- 6.4. Market Analysis – By End User
- 6.4.1. Hospitals
- 6.4.2. Specialty Clinics
- 6.4.3. Others
- 6.5. Market Analysis – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
- 7. Europe Deep Brain Stimulation (DBS) Devices Market Analysis, Insights and Forecast, 2015-2026
- 7.1. Key Findings / Summary
- 7.2. Market Analysis – By Product Type
- 7.2.1. Dual Channel Deep Brain stimulators
- 7.2.2. Single Channel Deep Brain Stimulators
- 7.3. Market Analysis – By Application
- 7.3.1. Parkinson's Disease
- 7.3.2. Dystonia
- 7.3.3. Essential Tremor
- 7.3.4. Others
- 7.4. Market Analysis – By End User
- 7.4.1. Hospitals
- 7.4.2. Specialty Clinics
- 7.4.3. Others
- 7.5. Market Analysis – By Country
- 7.5.1. U.K.
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Spain
- 7.5.5. Italy
- 7.5.6. Scandinavia
- 7.5.7. Rest of Europe
- 8. Asia Pacific Deep Brain Stimulation (DBS) Devices Market Analysis, Insights and Forecast, 2015-2026
- 8.1. Key Findings / Summary
- 8.2. Market Analysis – By Product Type
- 8.2.1. Dual Channel Deep Brain stimulators
- 8.2.2. Single Channel Deep Brain Stimulators
- 8.3. Market Analysis – By Application
- 8.3.1. Parkinson's Disease
- 8.3.2. Dystonia
- 8.3.3. Essential Tremor
- 8.3.4. Others
- 8.4. Market Analysis – By End User
- 8.4.1. Hospitals
- 8.4.2. Specialty Clinics
- 8.4.3. Others
- 8.5. Market Analysis – By Country
- 8.5.1. Japan
- 8.5.2. China
- 8.5.3. India
- 8.5.4. Australia
- 8.5.5. Southeast Asia
- 8.5.6. Rest of Asia Pacific
- 9. Latin America Deep Brain Stimulation (DBS) Devices Market Analysis, Insights and Forecast, 2015-2026
- 9.1. Key Findings / Summary
- 9.2. Market Analysis – By Product Type
- 9.2.1. Dual Channel Deep Brain stimulators
- 9.2.2. Single Channel Deep Brain Stimulators
- 9.3. Market Analysis – By Application
- 9.3.1. Parkinson's Disease
- 9.3.2. Dystonia
- 9.3.3. Essential Tremor
- 9.3.4. Others
- 9.4. Market Analysis – By End User
- 9.4.1. Hospitals
- 9.4.2. Specialty Clinics
- 9.4.3. Others
- 9.5. Market Analysis – By Country
- 9.5.1. Brazil
- 9.5.2. Mexico
- 9.5.3. Rest of Latin America
- 10. Middle East & Africa Deep Brain Stimulation (DBS) Devices Market Analysis, Insights and Forecast, 2015-2026
- 10.1. Key Findings / Summary
- 10.2. Market Analysis – By Product Type
- 10.2.1. Dual Channel Deep Brain stimulators
- 10.2.2. Single Channel Deep Brain Stimulators
- 10.3. Market Analysis – By Application
- 10.3.1. Parkinson's Disease
- 10.3.2. Dystonia
- 10.3.3. Essential Tremor
- 10.3.4. Others
- 10.4. Market Analysis – By End User
- 10.4.1. Hospitals
- 10.4.2. Specialty Clinics
- 10.4.3. Others
- 10.5. Market Analysis – By Country
- 10.5.1. GCC Countries
- 10.5.2. South Africa
- 10.5.3. Rest of Middle East & Africa
- 11. Competitive Analysis
- 11.1. Key Industry Developments
- 11.2. Global Market Share Analysis (2018)
- 11.3. Competition Dashboard
- 11.4. Comparative Analysis – Major Players
- 11.5. Company Profiles
- 11.5.1. Abbott (ST. JUDE MEDICAL)
- 11.5.1.1. Overview,
- 11.5.1.2. Products & services,
- 11.5.1.3. SWOT analysis,
- 11.5.1.4. Recent developments,
- 11.5.1.5. strategies,
- 11.5.1.6. financials (based on availability)
- 11.5.2. Medtronic
- 11.5.2.1. Overview,
- 11.5.2.2. Products & services,
- 11.5.2.3. SWOT analysis,
- 11.5.2.4. Recent developments,
- 11.5.2.5. strategies,
- 11.5.2.6. financials (based on availability)
- 11.5.3. Boston Scientific Corporation
- 11.5.3.1. Overview,
- 11.5.3.2. Products & services,
- 11.5.3.3. SWOT analysis,
- 11.5.3.4. Recent developments,
- 11.5.3.5. strategies,
- 11.5.3.6. financials (based on availability)
- 11.5.4. Beijing PINS Medical Co., Ltd.
- 11.5.4.1. Overview,
- 11.5.4.2. Products & services,
- 11.5.4.3. SWOT analysis,
- 11.5.4.4. Recent developments,
- 11.5.4.5. strategies,
- 11.5.4.6. financials (based on availability)
- 12. Strategic Recommendations
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