Deep Brain Stimulation Market Forecast to 2030 - Global Analysis by Product, Application, and End User

List of Tables

The deep brain stimulation market size is expected to grow from US$ 603.52 million in 2022 to US$ 1,155.37 million by 2030; it is estimated to record a CAGR of 8.5% from 2022 to 2030.

Deep brain stimulation (DBS) refers to a device used for the purpose of providing electrical incitement to some areas of the brain to control the movement. They are extensively utilized to treat diseases such as Parkinson's disease, chronic pain, central pain syndrome, epilepsy, and obsessive-compulsive disorder among others. DBS helps in reducing the symptoms of stiffness, slowness, and walking problems caused by various neurological diseases. The deep brain stimulation market growth is attributed to the rising prevalence of neurological disorders and increasing demand for minimally invasive surgery.

Robotic implantation, multi-target stimulation, improved microelectrode designs, rechargeable pulse generators, and personalized, targeted programming are among the technological advancements in DBS. Owing to these advancements, DBS devices show fewer side effects and improved efficacy and symptom relief in Parkinson's patients compared to traditional methods. Abbott's Infinity Deep Brain Stimulation System is a technologically advanced new DBS that helps the patients manage their symptoms. It is the first wireless iOS software DBS mobile platform that has offered efficient and personalized therapy management with reduced risk of side effects.

In addition, there is an increase in FDA approvals for DBS devices in clinical applications such as tremors, severe obsessive-compulsive disorder, and dystonia. For instance, in March 2020, NeuroPace, Inc. received approval from the US FDA for MRI labeling its RNA system.

According to the MGM Healthcare press release published in February 2020, MGM Healthcare, Tamil Nadu, performed its first DBS for obsessive-compulsive disorder (OCD). Therefore, technological advancements in DBS are expected to create opportunities for the global deep brain stimulation market during the forecast period.

Further, advances in atlases, imaging techniques, and connectomics improve DBS targeting strategies. Improvements in lead design can make it possible to use segmented contacts for directional stimulation, and improvements in implantable pulse generator (IPG) design can result in small, longer-lasting magnetic resonance imaging (MRI) compatible batteries. Software advances can enable various programming strategies to improve efficacy while minimizing stimulation-related side effects and maximizing battery life. Brain recognition will help clinicians and researchers understand the physiological aspects of DBS and potentially act as another programming strategy. Closed-loop DBS can help tailor stimulation parameters to individual symptoms. In addition, remote and virtual programming could become more viable and accessible. DBS technology is widely used to treat various diseases and symptoms, and research is ongoing to improve current designs. In March 2023, researchers at Michigan Technological University used neuromorphic computing to improve the efficacy and energy efficiency of deep brain stimulation systems used to treat Parkinson's disease. Therefore, rising research and development activities in the field of deep brain stimulation are expected to bolster the deep brain stimulation market growth in the future.

End User -Based Insights

Based on end user, the deep brain stimulation market is categorized into hospitals, neurology clinics, ambulatory surgical centers, and others. In 2022, the hospitals segment accounted for the largest market share, and is anticipated to register the highest CAGR during the forecast period. The hospitals segment is expected to grow significantly owing to the rising prevalence of various neurological conditions such as Parkinson's and Alzheimer's disease and other disorders that can be treated effectively under skilled professionals in hospital settings. There is an increase in the number of DBS surgeries performed in hospitals. As per a study titled "Single-Stage Deep Brain Stimulator Placement for Movement Disorders," published in 2021, approximately 160,000 patients worldwide have undergone DBS for various neurological and non-neurological conditions, and ~12,000 new patients receive DBS annually.

Moreover, DBS surgeries require extreme precision and efficient medical attention; the availability of better treatment facilities at the hospitals and advanced DBS devices is a significant reason that is pushing patients to seek neurological treatments in hospital settings. In addition, hospitals also employ the highest quality of professional staff, including skilled and experienced neurologists, nurses, and technicians, that work together to provide patients with the best surgical care in a pleasant environment. Therefore, all the above-mentioned factors are expected to promote the deep brain stimulation market growth in the coming years.

The World Health Organization (WHO), National Institutes of Health (NIH), and Neurological Health Charities Canada (NHCC) are among the primary and secondary sources referred to while preparing the deep brain stimulation market report.

Reasons to Buy:

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the organoids market.
Highlights key business priorities in order to assist companies to realign their business strategies.
The key findings and recommendations highlight crucial progressive industry trends in the global organoids market, thereby allowing players across the value chain to develop effective long-term strategies.
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
Scrutinize in-depth global market trends and outlook coupled with the factors driving the organoids market, as well as those hindering it.
Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.

Product Code: TIPHE100000996

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Deep Brain Stimulation Market, by Geography (US$ Million)

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Deep Brain Simulation Market Landscape

4.1 Overview
4.2 PEST Analysis
- 4.2.1 North America PEST Analysis
- 4.2.2 Europe PEST Analysis
- 4.2.3 Asia Pacific PEST Analysis
- 4.2.4 South & Central America PEST Analysis
- 4.2.5 Middle East & Africa PEST Analysis
4.3 Comparison Analysis
- 4.3.1 Comparison of Deep Brain Stimulation and Lesioning Procedures
- 4.3.2 Lesioning Procedures in Neurological Disorders
- 4.3.3 Global Deep Brain Stimulation Surgeries and Lesion Surgeries Volume in 2022
- 4.3.4 Deep Brain Stimulation Surgical Procedures Performed in 2022

5. Deep Brain Simulation Market - Key Industry Dynamics

5.1 Key Market Drivers:
- 5.1.1 Rising Prevalence of Neurological Disorders
- 5.1.2 Increasing Demand for Minimally Invasive Surgery
5.2 Market Restraints
- 5.2.1 Side Effects Associated with Deep Brain Stimulation
5.3 Market Opportunities
- 5.3.1 Technological Advancements and Approvals in Deep Brain Stimulation
5.4 Future Trends
- 5.4.1 Growing Research and Development Activities
5.5 Impact Analysis

6. Deep Brain Simulation Market - Global Market Analysis

6.1 Deep Brain Simulation Market Revenue (US$ Mn), 2022 - 2030

7. Global Deep Brain Simulation Market - Revenue and Forecast to 2030 - by Product

7.1 Overview
7.2 Deep Brain Simulation Market Revenue Share, by Product 2022 & 2030 (%)
7.3 Single Channel Deep Brain Stimulator
- 7.3.1 Overview
- 7.3.2 Single Channel Deep Brain Stimulator: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
7.4 Dual Channel Deep Brain Stimulator
- 7.4.1 Overview
- 7.4.2 Dual Channel Deep Brain Stimulator: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
7.5 Software and Accessories
- 7.5.1 Overview
- 7.5.2 Software and Accessories: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)

8. Global Deep Brain Simulation Market - Revenue and Forecast to 2030 - by Application

8.1 Overview
8.2 Deep Brain Simulation Market Revenue Share, by Application 2022 & 2030 (%)
8.3 Parkinson's Disease
- 8.3.1 Overview
- 8.3.2 Parkinson's Disease: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Tremor
- 8.4.1 Overview
- 8.4.2 Tremor: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Alzheimer's Disease
- 8.5.1 Overview
- 8.5.2 Alzheimer's Disease: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
8.6 Dystonia
- 8.6.1 Overview
- 8.6.2 Dystonia: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
8.7 Epilepsy
- 8.7.1 Overview
- 8.7.2 Epilepsy: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
8.8 Others
- 8.8.1 Overview
- 8.8.2 Others: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)

9. Global Deep Brain Simulation Market - Revenue and Forecast to 2030 - by End User

9.1 Overview
9.2 Deep Brain Simulation Market Revenue Share, by End User 2022 & 2030 (%)
9.3 Hospitals
- 9.3.1 Overview
- 9.3.2 Hospitals: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
9.4 Neurology Clinics
- 9.4.1 Overview
- 9.4.2 Neurology Clinics: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
9.5 Ambulatory Surgical Centers
- 9.5.1 Overview
- 9.5.2 Ambulatory Surgical Centers: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)
9.6 Others
- 9.6.1 Overview
- 9.6.2 Others: Deep Brain Simulation Market - Revenue and Forecast to 2030 (US$ Million)

10. Deep Brain Simulation Market - Geographical Analysis

10.1 North America Deep Brain Simulation Market, Revenue And Forecast To 2030
- 10.1.1 Overview
- 10.1.2 North America Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
  - 10.1.2.1 North America Deep Brain Simulation Market, by Product
  - 10.1.2.2 North America Deep Brain Simulation Market, by Application
  - 10.1.2.3 North America Deep Brain Simulation Market, by End User
  - 10.1.2.4 North America Deep Brain Simulation Market, by Country
  - 10.1.2.5 US
    - 10.1.2.5.1 Overview
    - 10.1.2.5.2 US Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.1.2.5.3 US Deep Brain Simulation Market, by Product
    - 10.1.2.5.4 US Deep Brain Simulation Market, by Application
    - 10.1.2.5.5 US Deep Brain Simulation Market, by End User
  - 10.1.2.6 Canada
    - 10.1.2.6.1 Overview
    - 10.1.2.6.2 Canada Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.1.2.6.3 Canada Deep Brain Simulation Market, by Product
    - 10.1.2.6.4 Canada Deep Brain Simulation Market, by Application
    - 10.1.2.6.5 Canada Deep Brain Simulation Market, by End User
  - 10.1.2.7 Mexico
    - 10.1.2.7.1 Overview
    - 10.1.2.7.2 Mexico Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.1.2.7.3 Mexico Deep Brain Simulation Market, by Product
    - 10.1.2.7.4 Mexico Deep Brain Simulation Market, by Application
    - 10.1.2.7.5 Mexico Deep Brain Simulation Market, by End User
10.2 Europe Deep Brain Simulation Market, Revenue And Forecast to 2030
- 10.2.1 Overview
- 10.2.2 Europe Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
  - 10.2.2.1 Europe Deep Brain Simulation Market, by Product
  - 10.2.2.2 Europe Deep Brain Simulation Market, by Application
  - 10.2.2.3 Europe Deep Brain Simulation Market, by End User
  - 10.2.2.4 Europe Deep Brain Simulation Market by Country
  - 10.2.2.5 Germany
    - 10.2.2.5.1 Overview
    - 10.2.2.5.2 Germany Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.2.2.5.3 Germany Deep Brain Simulation Market, by Product
    - 10.2.2.5.4 Germany Deep Brain Simulation Market, by Application
    - 10.2.2.5.5 Germany Deep Brain Simulation Market, by End User
  - 10.2.2.6 UK
    - 10.2.2.6.1 Overview
    - 10.2.2.6.2 UK Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.2.2.6.3 UK Deep Brain Simulation Market, by Product
    - 10.2.2.6.4 UK Deep Brain Simulation Market, by Application
    - 10.2.2.6.5 UK Deep Brain Simulation Market, by End User
  - 10.2.2.7 France
    - 10.2.2.7.1 Overview
    - 10.2.2.7.2 France Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.2.2.7.3 France Deep Brain Simulation Market, by Product
    - 10.2.2.7.4 France Deep Brain Simulation Market, by Application
    - 10.2.2.7.5 France Deep Brain Simulation Market, by End User
  - 10.2.2.8 Italy
    - 10.2.2.8.1 Overview
    - 10.2.2.8.2 Italy Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.2.2.8.3 Italy Deep Brain Simulation Market, by Product
    - 10.2.2.8.4 Italy Deep Brain Simulation Market, by Application
    - 10.2.2.8.5 Italy Deep Brain Simulation Market, by End User
  - 10.2.2.9 Spain
    - 10.2.2.9.1 Overview
    - 10.2.2.9.2 Spain Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.2.2.9.3 Spain Deep Brain Simulation Market, by Product
    - 10.2.2.9.4 Spain Deep Brain Simulation Market, by Application
    - 10.2.2.9.5 Spain Deep Brain Simulation Market, by End User
  - 10.2.2.10 Rest of Europe
    - 10.2.2.10.1 Overview
    - 10.2.2.10.2 Rest of Europe Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.2.2.10.3 Rest of Europe Deep Brain Simulation Market, by Product
    - 10.2.2.10.4 Rest of Europe Deep Brain Simulation Market, by Application
    - 10.2.2.10.5 Rest of Europe Deep Brain Simulation Market, by End User
10.3 Asia Pacific Deep Brain Simulation Market, Revenue And Forecast to 2030
- 10.3.1 Overview
- 10.3.2 Asia Pacific Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
  - 10.3.2.1 Asia Pacific Deep Brain Simulation Market, by Product
  - 10.3.2.2 Asia Pacific Deep Brain Simulation Market, by Application
  - 10.3.2.3 Asia Pacific Deep Brain Simulation Market, by End User
  - 10.3.2.4 Asia Pacific Deep Brain Simulation Market by Country
  - 10.3.2.5 China
    - 10.3.2.5.1 Overview
    - 10.3.2.5.2 China Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.3.2.5.3 China Deep Brain Simulation Market, by Product
    - 10.3.2.5.4 China Deep Brain Simulation Market, by Application
    - 10.3.2.5.5 China Deep Brain Simulation Market, by End User
  - 10.3.2.6 Japan
    - 10.3.2.6.1 Overview
    - 10.3.2.6.2 Japan Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.3.2.6.3 Japan Deep Brain Simulation Market, by Product
    - 10.3.2.6.4 Japan Deep Brain Simulation Market, by Application
    - 10.3.2.6.5 Japan Deep Brain Simulation Market, by End User
  - 10.3.2.7 India
    - 10.3.2.7.1 Overview
    - 10.3.2.7.2 India Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.3.2.7.3 India Deep Brain Simulation Market, by Product
    - 10.3.2.7.4 India Deep Brain Simulation Market, by Application
    - 10.3.2.7.5 India Deep Brain Simulation Market, by End User
  - 10.3.2.8 Australia
    - 10.3.2.8.1 Overview
    - 10.3.2.8.2 Australia Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.3.2.8.3 Australia Deep Brain Simulation Market, by Product
    - 10.3.2.8.4 Australia Deep Brain Simulation Market, by Application
    - 10.3.2.8.5 Australia Deep Brain Simulation Market, by End User
  - 10.3.2.9 South Korea
    - 10.3.2.9.1 Overview
    - 10.3.2.9.2 South Korea Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.3.2.9.3 South Korea Deep Brain Simulation Market, by Product
    - 10.3.2.9.4 South Korea Deep Brain Simulation Market, by Application
    - 10.3.2.9.5 South Korea Deep Brain Simulation Market, by End User
  - 10.3.2.10 Rest of Asia Pacific
    - 10.3.2.10.1 Overview
    - 10.3.2.10.2 Rest of Asia Pacific Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.3.2.10.3 Rest of Asia Pacific Deep Brain Simulation Market, by Product
    - 10.3.2.10.4 Rest of Asia Pacific Deep Brain Simulation Market, by Application
    - 10.3.2.10.5 Rest of Asia Pacific Deep Brain Simulation Market, by End User
10.4 Middle East & Africa Deep Brain Simulation Market, Revenue And Forecast to 2030
- 10.4.1 Overview
- 10.4.2 Middle East & Africa Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
  - 10.4.2.1 Middle East & Africa Deep Brain Simulation Market, by Product
  - 10.4.2.2 Middle East & Africa Deep Brain Simulation Market, by Application
  - 10.4.2.3 Middle East & Africa Deep Brain Simulation Market, by End User
  - 10.4.2.4 Middle East & Africa Deep Brain Simulation Market by Country
  - 10.4.2.5 UAE
    - 10.4.2.5.1 Overview
    - 10.4.2.5.2 UAE Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.4.2.5.3 UAE Deep Brain Simulation Market, by Product
    - 10.4.2.5.4 UAE Deep Brain Simulation Market, by Application
    - 10.4.2.5.5 UAE Deep Brain Simulation Market, by End User
  - 10.4.2.6 Saudi Arabia
    - 10.4.2.6.1 Overview
    - 10.4.2.6.2 Saudi Arabia Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.4.2.6.3 Saudi Arabia Deep Brain Simulation Market, by Product
    - 10.4.2.6.4 Saudi Arabia Deep Brain Simulation Market, by Application
    - 10.4.2.6.5 Saudi Arabia Deep Brain Simulation Market, by End User
  - 10.4.2.7 South Africa
    - 10.4.2.7.1 Overview
    - 10.4.2.7.2 South Africa Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.4.2.7.3 South Africa Deep Brain Simulation Market, by Product
    - 10.4.2.7.4 South Africa Deep Brain Simulation Market, by Application
    - 10.4.2.7.5 South Africa Deep Brain Simulation Market, by End User
  - 10.4.2.8 Rest of Middle East & Africa
    - 10.4.2.8.1 Overview
    - 10.4.2.8.2 Rest of Middle East & Africa Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.4.2.8.3 Rest of Middle East & Africa Deep Brain Simulation Market, by Product
    - 10.4.2.8.4 Rest of Middle East & Africa Deep Brain Simulation Market, by Application
    - 10.4.2.8.5 Rest of Middle East & Africa Deep Brain Simulation Market, by End User
10.5 South & Central America Deep Brain Simulation Market, Revenue And Forecast to 2030
- 10.5.1 Overview
- 10.5.2 South & Central America Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
  - 10.5.2.1 South & Central America Deep Brain Simulation Market, by Product
  - 10.5.2.2 South & Central America Deep Brain Simulation Market, by Application
  - 10.5.2.3 South & Central America Deep Brain Simulation Market, by End User
  - 10.5.2.4 South & Central America Deep Brain Simulation Market by Country
  - 10.5.2.5 Brazil
    - 10.5.2.5.1 Overview
    - 10.5.2.5.2 Brazil Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.5.2.5.3 Brazil Deep Brain Simulation Market, by Product
    - 10.5.2.5.4 Brazil Deep Brain Simulation Market, by Application
    - 10.5.2.5.5 Brazil Deep Brain Simulation Market, by End User
  - 10.5.2.6 Argentina
    - 10.5.2.6.1 Overview
    - 10.5.2.6.2 Argentina Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.5.2.6.3 Argentina Deep Brain Simulation Market, by Product
    - 10.5.2.6.4 Argentina Deep Brain Simulation Market, by Application
    - 10.5.2.6.5 Argentina Deep Brain Simulation Market, by End User
  - 10.5.2.7 Rest of South & Central America
    - 10.5.2.7.1 Overview
    - 10.5.2.7.2 Rest of South & Central America Deep Brain Simulation Market Revenue and Forecast to 2030 (US$ Mn)
    - 10.5.2.7.3 Rest of South & Central America Deep Brain Simulation Market, by Product
    - 10.5.2.7.4 Rest of South & Central America Deep Brain Simulation Market, by Application
    - 10.5.2.7.5 Rest of South & Central America Deep Brain Simulation Market, by End User

11. Pre & Post Covid-19 Impact

11.1 Pre & Post Covid-19 Impact

12. Deep Brain Simulation Market Industry Landscape

12.1 Overview
12.2 Growth Strategies in Deep Brain Stimulation Market
12.3 Organic Growth Strategies
- 12.3.1 Overview
12.4 Inorganic Growth Strategies
- 12.4.1 Overview

13. Deep Brain Simulation Market, Key Company Profiles

13.1 Abbott Laboratories
- 13.1.1 Key Facts
- 13.1.2 Business Description
- 13.1.3 Products and Services
- 13.1.4 Financial Overview
- 13.1.5 SWOT Analysis
- 13.1.6 Key Developments
13.2 Aleva Neurotherapeutics SA
- 13.2.1 Key Facts
- 13.2.2 Business Description
- 13.2.3 Products and Services
- 13.2.4 Financial Overview
- 13.2.5 SWOT Analysis
- 13.2.6 Key Developments
13.3 Medtronic Plc
- 13.3.1 Key Facts
- 13.3.2 Business Description
- 13.3.3 Products and Services
- 13.3.4 Financial Overview
- 13.3.5 SWOT Analysis
- 13.3.6 Key Developments
13.4 Beijing PINS Medical Co Ltd
- 13.4.1 Key Facts
- 13.4.2 Business Description
- 13.4.3 Products and Services
- 13.4.4 Financial Overview
- 13.4.5 SWOT Analysis
- 13.4.6 Key Developments
13.5 Boston Scientific Corp
- 13.5.1 Key Facts
- 13.5.2 Business Description
- 13.5.3 Products and Services
- 13.5.4 Financial Overview
- 13.5.5 SWOT Analysis
- 13.5.6 Key Developments
13.6 Newronika SpA
- 13.6.1 Key Facts
- 13.6.2 Business Description
- 13.6.3 Products and Services
- 13.6.4 Financial Overview
- 13.6.5 SWOT Analysis
- 13.6.6 Key Developments
13.7 SceneRay Co Ltd
- 13.7.1 Key Facts
- 13.7.2 Business Description
- 13.7.3 Products and Services
- 13.7.4 Financial Overview
- 13.7.5 SWOT Analysis
- 13.7.6 Key Developments

14. Appendix

14.1 About Us
14.2 Glossary of Terms