Brain implants are neural implants that are used to stimulate the parts & structures of the nervous system. These implants are technical systems that communicate with the nervous system and help to enhance senses, physical movement, and memory after a stroke or other head injuries. Deep brain stimulation and spinal cord stimulation are used to treat depression, obsessive-compulsive disorder and epilepsy, among other neural disorders.
The growth of global brain implants market can be attributed to the growing geriatric population and increase in number of neurological disorders across the globe. Moreover, the rising healthcare awareness and increasing technological advancements are likely to add novel opportunities for the global brain implants market over the forecast period.
The “Global Brain Implants Market Analysis to 2025” is a specialized and in-depth study of the healthcare industry with a focused global market trend. The report aims to provide an overview of global brain implants market with detailed market segmentation by treatment, application, end user and geography. The global brain implants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
On the basis of treatment, the market is segmented into deep brain stimulation (DBS), spinal cord stimulation (SCS) and vagus nerve stimulator (VNS). By application the market is segmented into Parkinson’s disease, Alzheimer’s disease, epilepsy, essential tremor, depression, dystonia and others. Based on end user, the brain implants market is classified as hospitals, specialized clinics and neurological centers.
The report provides a detailed overview on the industry including both qualitative and quantitative information. It provides overview and forecast of the global brain implants based on treatment, application and end user. It also provides market size and forecast till 2025 for overall brain implants market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East &Africa (MEA) and South & Central America. The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America is expected to dominate the brain implants market in the global arena due to growth in the number of neurological disorder cases and increasing technological advancements in the region. However, the Asia-Pacific region is anticipated to show a significant growth rate over the next five years in the global brain implants market due to rising awareness among patient population and development of innovative technologies in the region.
The report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
The report also includes the profiles of key brain implants manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Some of the key players influencing the market are NeuroPace, Inc., Medtronic, Boston Scientific Corporation, Nevro Corp., ALEVA NEUROTHERAPEUTICS SA, NEUROCONTROL, TERUMO CORPORATION, ABIOMED, Edwards Lifesciences Corporation, Cochlear Ltd. and others.
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