New report published by Global Info Research which offers insights on the global Deep Brain Stimulation Devices market.
Deep brain stimulation (DBS) is a neurosurgical procedure involving the implantation of a medical device called a neurostimulator (sometimes referred to as a ‘brain pacemaker’), which sends electrical impulses, through implanted electrodes, to specific targets in the brain (brain nuclei) for the treatment of movement and neuropsychiatric disorders. DBS in select brain regions has provided therapeutic benefits for otherwise-treatment-resistant disorders such as Parkinson’s disease, essential tremor, dystonia, chronic pain, major depression and obsessive–compulsive disorder (OCD). Despite the long history of DBS, its underlying principles and mechanisms are still not clear. DBS directly changes brain activity in a controlled manner, its effects are reversible (unlike those of lesioning techniques), and it is one of only a few neurosurgical methods that allow blinded studies.
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Global Deep Brain Stimulation Devices Market: Forecast by Type / Application / Region
The major players in global Deep Brain Stimulation Devices market include: Medtronic, Boston Scientific, St Jude Medical, Beijing Pins and SceneRay.
On the basis of product, the Deep Brain Stimulation Devices market is primarily split into: Single-channel?DBS and Dual?Channel?DBS.
On the basis on the end users/applications covers: Parkinson’s disease, Essential?Tremor and Dystonia, Others.
In the last several years, global market of Deep Brain Stimulation Devices developed rapidly, with an average growth rate of 11.8 %. In 2016, global revenue of Deep Brain Stimulation Devices is nearly 720 million USD; the actual production is about 30900 units.
The classification of Deep Brain Stimulation Devices includes Single-channel?DBS and Dual?Channel?DBS, and the revenue proportion of Single-channel?DBS in 2016 is about 45.2%. Deep Brain Stimulation Devices can be used for Parkinson’s disease, Essential?Tremor, Dystonia and other. The most proportion of Deep Brain Stimulation Devices is used for Parkinson’s disease, and the sales proportion is about 77.4% in 2016. Increasing prevalence of neurological disorders is one of the critical factors driving the growth of this (DBS) deep brain stimulation market globally.
North America is the largest sales place, with a sales market share nearly 51% in 2016. Following North America, Europe is the second largest sales place with the sales market share of 30%. China, Japan is also important sales regions for Deep Brain Stimulation Devices.
Deep Brain Stimulation Device market is mainly occupied by large companies, Sorin as the largest player in the market produced over 57% of Artificial Heart Lung Machine and made more than 59.6% of revenue share in 2016. MAQUET followed as second produced about 18.3% in 2016.
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United States Deep Brain Stimulation Devices Market 2018 Forecast to 2023
Europe Deep Brain Stimulation Devices Market 2018 Forecast to 2023
North America Deep Brain Stimulation Devices Market 2018 Forecast to 2023
Asia-Pacific Deep Brain Stimulation Devices Market 2018 Forecast to 2023
China Deep Brain Stimulation Devices Market 2018 Forecast to 2023
EMEA Deep Brain Stimulation Devices Market 2018 Forecast to 2023
Global Deep Brain Stimulation Devices Market 2018 Forecast to 2023
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