Global Deep Brain Stimulation Systems Market research data included in this report is analysed and forecasted using market statistical and coherent models. The key research methodology used here by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. This global market report additionally encompasses predictions utilizing a practical arrangement of suspicions and techniques. A lot of hard work has been put together and no stone is left unturned while generating this market research report. Global Deep Brain Stimulation Systems Market is a proficient and comprehensive report that focuses on primary and secondary market drivers, market share, leading segments and geographical analysis.
Global Deep Brain Stimulation Systems Market is expected to reach USD 2,116.3 million by 2025, from USD 888.3 million in 2017 growing at a CAGR of 11.8% during the forecast period till 2025.
Global Deep Brain Stimulation Systems Market Dominated by Medtronic Plc, Boston Scientific, St. Jude Medical, Inc., Aleva Neurotherapeutics SA., Bioinduction Ltd., Soterix Medical Inc., Abbott Laboratories, Beijing Pins Medical Co., Ltd., among others.
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The Global Deep Brain Stimulation Systems 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 systems market for global, Europe, North America, Asia Pacific and South America.
Global Deep Brain Stimulation Systems Market,
- By Application (Pain Management, Epilepsy, Essential Tremor, Obsessive Compulsive Disorder (OCD), Depression, Dystonia, Parkinson’s disease, Others)
- Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)
Major Market Drivers and Restraints:
- Increasing incidence of Parkinson’s disease
- Technological advancements in deep brain stimulators
- High mortality and disease burden create clinical urgency for incorporation of long-term solutions
- Risk involves in surgical procedure
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Key Developments in the Market:
In December 2017, FDA approved deep-brain stimulation system for Parkinson’s of Boston Scientific. This approval will make the company to reach out to more of the customers.
In August 2018, FDA approved new software upgrade for Abbott’s Infinity deep-brain stimulation (DBS) system used for patients with Parkinson’s disease and essential tremor.
Global Deep Brain Stimulation Systems Market Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Deep Brain Stimulation Systems Market Landscape
Part 04: Global Deep Brain Stimulation Systems Market Sizing
Part 05: Global Deep Brain Stimulation Systems Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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