Global Deep Brain Stimulation Systems Market Outlook Till, 2018 to 2025: Data Bridge Market Research
Market Definition: Deep brain stimulation systems
are careful treatment for the patients with development and neuropsychiatric
issue. Brain stimulation procedure includes implantation of gadgets known as
neurostimulator, which sends the electrical flags through embedded terminals
which particularly focuses of cerebrum. Brain stimulation procedure gadgets are
precisely embedded and battery worked restorative gadgets like heart
pacemakers. It is shown in Parkinson’s sickness, basic tremor, dystonia,
significant melancholy and over the top urgent issue.
Market Analysis:The
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 of 2018 to 2025. The upcoming market
report contains data for historic year 2016, the base year of calculation is
2017 and the forecast period is 2018 to 2025.
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Major Market Competitors/Players:
Some of the
major players operating in the global deep brain stimulation systems market
are:-
·
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.
Table of Contents
1.
Introduction
2. Market
Segmentation
3. Market
Overview
4. Executive
Summary
5. Premium
Insights
6. Global,
By Component
7. Product
Type
8. Delivery
9. Industry
Type
10.
Geography
10.1. Overview
10.2. North America
10.3. Europe
10.4. Asia-Pacific
10.5. South America
10.6. Middle East & Africa
11. Company
Landscape
12. Company
Profiles
13. Related
Reports
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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
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.
Competitive Analysis:
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.
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Bridge Market Research:
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