Picture

Questions?

+1-866-353-3335

SEARCH
What are you looking for?
Need help finding what you are looking for? Contact Us
Compare

PUBLISHER: Verified Market Research | PRODUCT CODE: 1736721

Cover Image

PUBLISHER: Verified Market Research | PRODUCT CODE: 1736721

Global Deep Brain Stimulation Devices Market Size By Product Type, By Application, By End-User, By Geographic Scope And Forecast

PUBLISHED:
PAGES:
DELIVERY TIME: 2-3 business days
SELECT AN OPTION
PDF (Single User License)
USD 3950
PDF & Excel (5 User License)
USD 4850
PDF & Excel (Enterprise User License)
USD 7550

Add to Cart

Deep Brain Stimulation Devices Market Size And Forecast

Deep Brain Stimulation Devices Market size was valued at USD 1.46 Billion in 2023 and is projected to reach USD 2.77 Billion by 2032, growing at a CAGR of 9.20% from 2026 to 2032.

Deep Brain Stimulation Devices (DBS) are medical devices that send electrical impulses to specific brain regions via implanted electrodes. These devices are linked to a pulse generator which is normally inserted beneath the skin in the chest region. DBS is generally used to control aberrant brain activity which has therapeutic benefits for a variety of neurological diseases.

They are generally used to treat neurological illnesses, specifically Parkinson's disease and dystonia. In Parkinson's disease, DBS reduces motor symptoms such as tremors, stiffness, and bradykinesia, considerably increasing patients' quality of life. DBS can aid with dystonia by reducing involuntary muscle contractions allowing for more movement control. DBS is also being investigated for illnesses such as obsessive-compulsive disorder (OCD), epilepsy, and major depressive disorder, which increases its therapeutic potential.

The future uses of Deep Brain Stimulation Devices (DBS) may expand to treat a wider range of neurological and psychiatric disorders such as epilepsy, major depressive disorder, and obsessive-compulsive disorder (OCD). Research is ongoing to refine stimulation techniques and develop adaptive DBS systems that respond in real-time to brain activity enhancing treatment efficacy. Additionally, advancements in neuroimaging and personalized medicine could enable tailored stimulation protocols improving outcomes for patients and reducing side effects associated with traditional DBS therapies.

Global Deep Brain Stimulation Devices Market Dynamics

The key market dynamics that are shaping the global Deep Brain Stimulation Devices Market include:

Key Market Drivers:

Increasing Prevalence of Neurological Disorders: The increased prevalence of neurological diseases such as Parkinson's disease, epilepsy, and dystonia has fuelled demand for DBS devices. As populations age, the prevalence of these illnesses is predicted to rise, creating a higher demand for effective treatment alternatives. DBS has been shown helpful in treating symptoms and enhancing patients' quality of life, resulting in market expansion.

Technological Advancements: DBS technology innovations, such as the creation of more complex devices and refined stimulation procedures, are improving the treatment's effectiveness and safety. The development of adaptive DBS devices that can modify stimulation in real-time based on brain activity is a significant achievement. These technologies increase patient results while minimising negative effects, making DBS a more desirable option for both patients and healthcare providers.

Growing Awareness and Acceptance of DBS Therapy: Increased awareness among healthcare professionals and patients about the benefits of DBS therapy helps to drive market expansion. Educational programs and advocacy efforts are helping to demystify the treatment process, resulting in more acceptance. As more patients seek alternatives to medication, particularly when treatment is limited, demand for DBS devices rises, promoting market growth.

Key Challenges:

High Cost of Treatment: One of the main challenges is the high expense of DBS therapy. Many patients may be unable to afford the gadgets as well as surgical installation and continuing follow-up care. This significant financial barrier frequently restricts access to DBS, especially in developing countries where healthcare resources are limited. Insurance coverage for DBS varies, and patients may have difficulty receiving reimbursement restricting treatment access.

Regulatory Hurdles: The regulatory licensing process for DBS devices can be lengthy and complicated. Manufacturers must follow strict rules and conduct thorough clinical trials to demonstrate safety and efficacy. This might lead to delayed product introductions and higher development expenditures. Furthermore, various regulatory norms across countries add another layer of complexity making it difficult for companies to market their products internationally

Clinical Limitations and Risks: While DBS has shown beneficial for some illnesses, its use is limited because of a lack of appropriate patients and the possible hazards involved with surgery. Not all patients respond well to DBS, and some may develop side effects including infection, device malfunction, or neurological problems. These clinical constraints may dissuade patients and healthcare professionals from using DBS as a therapeutic option affecting market growth.

Key Trends:

Technological Advancements: One of the most noteworthy trends is the rapid development of DBS technology. Closed-loop systems which adapt stimulation to real-time brain activity, are becoming more common. These devices can optimize treatment by delivering precise electrical impulses suited to the patient's specific needs, potentially boosting outcomes while minimising negative effects. Furthermore, advances in electrode design and materials improve the efficacy and durability of DBS devices.

Increasing Applications: Another key development is the growth of DBS applications beyond their typical use cases. While DBS has predominantly been used to treat Parkinson's disease and dystonia, researchers are also investigating its potential for treating various neurological and psychiatric diseases such as epilepsy, obsessive-compulsive disorder (OCD), and major depressive disorder. This expanded breadth is increasing demand and creating new opportunities for market growth.

Growing Awareness and Acceptance: Increased knowledge of DBS as a potential treatment option is also driving market growth. Educational activities and advocacy groups are publicising the benefits of DBS, resulting in increased acceptability among healthcare professionals and patients. This trend is supported by excellent clinical outcomes and patient testimonials that promote faith in DBS as a safe and effective treatment for a variety of disorders

Global Deep Brain Stimulation Devices Market Regional Analysis

Here is a more detailed regional analysis of the global Deep Brain Stimulation Devices Market:

North America:

North America dominates the deep brain stimulation (DBS) devices market due to its advanced healthcare infrastructure and strong expenditure in R&D. The presence of significant medical equipment manufacturers and cutting-edge technological advancements helps to accelerate the development of sophisticated DBS systems. Furthermore, the region has a strong regulatory structure that facilitates the approval and commercialization of medical devices enabling the availability of high-quality treatment choices for individuals with neurological illnesses.

Furthermore, the rising prevalence of disorders including Parkinson's disease, epilepsy, and depression in North America increases demand for DBS therapy. Growing awareness among healthcare professionals and patients about the usefulness of DBS in controlling various illnesses helps to drive market expansion. Collaboration among healthcare providers, researchers, and manufacturers creates a favorable climate for clinical trials and product introductions reinforcing North America's dominant position in the worldwide DBS device industry.

Asia-Pacific:

Asia Pacific is the fastest-growing region in the deep brain stimulation (DBS) devices market, owing to several factors including the rising prevalence of neurological illnesses such as Parkinson's disease, epilepsy, and depression. As the population ages, the prevalence of these disorders rises generating the need for effective treatments such as DBS. Furthermore, improved healthcare infrastructure in countries such as China and India increases access to innovative medical technologies which drives market growth.

Furthermore, the region is seeing tremendous investment in R&D, which is driving advancements in DBS technology. Governments and the commercial sector are working to promote neuromodulation medicines which are critical to improving patient outcomes. Increased awareness of DBS among healthcare professionals and patients combined with favorable reimbursement regulations is also helping to drive the market in Asia Pacific. This combination of increased demand, technological developments, and supporting healthcare regulations places Asia Pacific as a market leader for DBS devices.

Global Deep Brain Stimulation Devices Market: Segmentation Analysis

The Deep Brain Stimulation Devices Market is segmented based on Product Type, Application, End-User, and Geography.

Deep Brain Stimulation Devices Market, By Product Type

  • Single-channel Deep Brain Stimulator
  • Dual-channel Deep Brain Stimulator

Based on the Product Type, the Global Deep Brain Stimulation Devices Market is bifurcated into Single-channel Deep Brain Stimulator and Dual-channel Deep Brain Stimulator. The dual-channel deep brain stimulator is more dominant in the Deep Brain Stimulation Devices Market. This dominance stems from its ability to target multiple brain regions simultaneously offering more effective treatment for complex neurological conditions. By allowing for independent programming of each channel, dual-channel stimulators enhance therapeutic outcomes and provide greater customization for patient needs. This versatility and improved efficacy make dual-channel devices the preferred choice among healthcare providers contributing to their increased market share over single-channel stimulators.

Deep Brain Stimulation Devices Market, By Application

  • Parkinson's Disease
  • Essential Tremor
  • Dystonia
  • Epilepsy
  • Others

Based on Application, the Global Deep Brain Stimulation Devices Market is bifurcated into Parkinson's Disease, Essential Tremor, Dystonia, Epilepsy, and Others. In the Deep Brain Stimulation (DBS) Devices market, Parkinson's Disease is the most dominant indication. The significant prevalence of Parkinson's disease, along with its challenging motor symptoms such as tremors and rigidity, drives the demand for DBS as an effective treatment option. Additionally, the established efficacy of DBS in alleviating symptoms of Parkinson's enhances its adoption among healthcare providers. While other conditions like Essential Tremor and Dystonia also contribute to the market, Parkinson's remains the leading focus for DBS applications.

Deep Brain Stimulation Devices Market, By End-User

  • Hospitals
  • Ambulatory Surgical Centers
  • Neurological Clinics
  • Others

Based on the End-User, the Global Deep Brain Stimulation Devices Market is bifurcated into Hospitals, Ambulatory Surgical Centers, Neurological Clinics, and Others. Hospitals are the most dominant segment in the Deep Brain Stimulation Devices Market. They offer comprehensive neurological care, including specialized surgical procedures and post-operative support for patients undergoing deep brain stimulation. The presence of advanced medical facilities and experienced healthcare professionals in hospitals ensures proper device implantation and patient management. Additionally, hospitals are often involved in clinical trials and research contributing to advancements in DBS technology and treatment protocols which further solidifies their leading position in the market.

Deep Brain Stimulation Devices Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Based on Geography, the Global Deep Brain Stimulation Devices Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. North America is more dominant in the deep brain stimulation (DBS) devices market due to advanced healthcare infrastructure, significant investment in research and development, and a high prevalence of neurological disorders such as Parkinson's disease and epilepsy. The presence of key market players and innovative technologies in the region fosters rapid advancements in DBS solutions. Additionally, favorable reimbursement policies and increasing awareness of DBS therapies among healthcare professionals and patients contribute to the growing adoption of these devices in North America.

Key Players

The "Global Deep Brain Stimulation Devices Market" study report will provide valuable insight with an emphasis on the global market. The major players in the market are Abbott Laboratories, Medtronic Plc, Boston Scientific Corporation, LivaNova PLC, Aleva NeuroTechnologies, Beijing PINS Medical Co., Ltd, SceneRay Co Ltd., and Michigan Tech Researchers.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Global Deep Brain Stimulation Devices Market Key Developments

  • In June 2020, Percept, a deep brain stimulation device from Medtronic, was approved by the FDA. Brain Sense technology is used by the company to continuously capture, record, and monitor brain signals in individuals with neurological diseases. It has the potential to aid clinicians in tracking patient brain activity and enhancing data-driven, tailored neurostimulation treatment.
  • In 2021, Abbott, received FDA approval for its new rechargeable deep brain stimulation system, the Liberta RC, which is noted for being the smallest and having the longest battery life among DBS devices. This innovation aims to enhance patient comfort and convenience by reducing the frequency of recharges.
Product Code: 40353

TABLE OF CONTENTS

1 INTRODUCTION OF GLOBAL DEEP BRAIN STIMULATION DEVICES MARKET

  • 1.1 Overview of the Market
  • 1.2 Scope of Report
  • 1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH

  • 3.1 Data Mining
  • 3.2 Validation
  • 3.3 Primary Interviews
  • 3.4 List of Data Sources

4 GLOBAL DEEP BRAIN STIMULATION DEVICES MARKET OUTLOOK

  • 4.1 Overview
  • 4.2 Market Dynamics
    • 4.2.1 Drivers
    • 4.2.2 Restraints
    • 4.2.3 Opportunities
  • 4.3 Porters Five Force Model
  • 4.4 Value Chain Analysis

5 GLOBAL DEEP BRAIN STIMULATION DEVICES MARKET, BY PRODUCT TYPE

  • 5.1 Overview
  • 5.2 Single-channel Deep Brain Stimulator
  • 5.3 Dual-channel Deep Brain Stimulator

6 GLOBAL DEEP BRAIN STIMULATION DEVICES MARKET., BY APPLICATION

  • 6.1 Overview
  • 6.2 Parkinson's Disease
  • 6.3 Essential Tremor
  • 6.4 Dystonia
  • 6.5 Epilepsy
  • 6.6 Others

7 GLOBAL DEEP BRAIN STIMULATION DEVICES MARKET, BY END-USER

  • 7.1 Overview
  • 7.2 Hospitals
  • 7.3 Ambulatory Surgical Centers
  • 7.4 Neurological Clinics
  • 7.5 Others

8 GLOBAL DEEP BRAIN STIMULATION DEVICES MARKET, BY GEOGRAPHY

  • 8.1 Overview
  • 8.2 North America
    • 8.2.1 U.S.
    • 8.2.2 Canada
    • 8.2.3 Mexico
  • 8.3 Europe
    • 8.3.1 Germany
    • 8.3.2 U.K.
    • 8.3.3 France
    • 8.3.4 Rest of Europe
  • 8.4 Asia Pacific
    • 8.4.1 China
    • 8.4.2 Japan
    • 8.4.3 India
    • 8.4.4 Rest of Asia Pacific
  • 8.5 Rest of the World
    • 8.5.1 Latin America
    • 8.5.2 Middle East and Africa

9 GLOBAL DEEP BRAIN STIMULATION DEVICES MARKET COMPETITIVE LANDSCAPE

  • 9.1 Overview
  • 9.2 Company Market Ranking
  • 9.3 Key Development Strategies

10 COMPANY PROFILES

  • 10.1 Boston Scientific Corporation
    • 10.1.1 Overview
    • 10.1.2 Financial Performance
    • 10.1.3 Product Outlook
    • 10.1.4 Key Developments
  • 10.2 Medtronic Plc
    • 10.2.1 Overview
    • 10.2.2 Financial Performance
    • 10.2.3 Product Outlook
    • 10.2.4 Key Developments
  • 10.3 Abbott Laboratories
    • 10.3.1 Overview
    • 10.3.2 Financial Performance
    • 10.3.3 Product Outlook
    • 10.3.4 Key Developments
  • 10.4 NeuroPace Inc
    • 10.4.1 Overview
    • 10.4.2 Financial Performance
    • 10.4.3 Product Outlook
    • 10.4.4 Key Developments
  • 10.5 Renishaw Plc
    • 10.5.1 Overview
    • 10.5.2 Financial Performance
    • 10.5.3 Product Outlook
    • 10.5.4 Key Developments
  • 10.6 Beijing PINS Medical Co. Ltd
    • 10.6.1 Overview
    • 10.6.2 Financial Performance
    • 10.6.3 Product Outlook
    • 10.6.4 Key Developments
  • 10.7 LivaNova PLC
    • 10.7.1 Overview
    • 10.7.2 Financial Performance
    • 10.7.3 Product Outlook
    • 10.7.4 Key Developments
  • 10.8 Nexstim
    • 10.8.1 Overview
    • 10.8.2 Financial Performance
    • 10.8.3 Product Outlook
    • 10.8.4 Key Developments
  • 10.9 Aleva Neurotherapeutics
    • 10.9.1 Overview
    • 10.9.2 Financial Performance
    • 10.9.3 Product Outlook
    • 10.9.4 Key Developments
  • 10.10 St. Jude Medical
    • 10.10.1 Overview
    • 10.10.2 Financial Performance
    • 10.10.3 Product Outlook
    • 10.10.4 Key Developments

11 KEY DEVELOPMENTS

  • 11.1 Product Launches/Developments
  • 11.2 Mergers and Acquisitions
  • 11.3 Business Expansions
  • 11.4 Partnerships and Collaborations

12 Appendix

  • 12.1 Related Research
Have a question?
Picture

Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

Picture

Christine Sirois

Manager - Americas

+1-860-674-8796

Questions? Please give us a call or visit the contact form.
Hi, how can we help?
Contact us!