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Deep Brain Stimulation (DBS) is used for treating different neurological diseases ranging from dystonia, epilepsy, obsessive compulsive disorder to Parkinson’s disease. Rising awareness about neurological diseases along with the efficiency of accessing the brain through DBS is contributing to the market growth.
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Deep Brain Stimulation Market- Size, Analysis, Competitive Strategies and Forecasts 2016 To 2025 Sample Request
DESCRIPTION – Deep Brain Stimulation Market Deep Brain Stimulation (DBS) is used for treating different neurological diseases ranging from dystonia, epilepsy, obsessive compulsive disorder to Parkinson’s disease. Rising awareness about neurological diseases along with the efficiency of accessing the brain through DBS is contributing to the market growth. As more professionals are adopting DBS over drug therapy to avoid side effects, the market is expected to exhibit significant growth during the forecast period. DBS can be used to restore movements in cases of neurological injuries that can result into disability or paralysis. Also, DBS procedures have fewer complications as compared to procedures such as pallidotomy owing to the non-destructive nature of the DBS procedures. Report Overview:A research study titled, “Deep Brain Stimulation Market by Application - Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the deep brain stimulation market is projected to be around $3.2billion by 2025. Source : Crystal Market Research
Deep Brain Stimulation Market Key Players in Market: • St. Jude Medical • Medtronic Plc. • Enteromedics • Boston Scientific Corporation • AlevaNeurotherapeutics SA
Market Scope: North America held a significant share of the global deep brain stimulation market in 2016, due to the presence of major vendors in the U.S. and advanced healthcare research and development facilities conducting research on the treatment of neurological diseases. The Asia-Pacific DBS market will show considerable growth during the forecast period. Deep brain stimulation procedure acts as a minimally invasive alternative to long term administration of medication for Parkinson’s patients. This could be beneficial with respect to affordability for patients in emerging economies.
Deep Brain Stimulation Market $ Source : Crystal Market Research
Some of the key questions answered by the report are: • What was the Deep Brain Stimulation Market size in 2016 and forecast from 2017 to 2025? • What will be the industry Deep Brain Stimulation Market growth from 2017 to 2025? • What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the Deep Brain Stimulation Market forecast? • What are the major segments leading the Deep Brain Stimulation Market growth and why? • Which are the leading players in the Deep Brain Stimulation Market and what are the major strategies adopted by them to sustain the Deep Brain Stimulation Market competition? Source : Crystal Market Research
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