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Deep Brain Stimulation Devices Market

The global deep brain stimulation devices market was valued at $881.9 million in 2018, and is projected to reach $2,802.6 million by 2026, registering a CAGR of 15.5%. Deep brain stimulation is defined as a surgery that involves the implantation of an electrical device in the body. This device is responsible for sending electrical signals to the areas of brain, which are responsible for body movement. Furthermore, the devices which are used to monitor the stimulation of brain are called as deep brain stimulation devices. These devices are used in the treatment of various neurological disorders

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Deep Brain Stimulation Devices Market

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  2. The global deep brain stimulation devices market was valued at $881.9 million in 2018, and is projected to reach $2,802.6 million by 2026, registering a CAGR of 15.5%. Deep brain stimulation is defined as a surgery that involves the implantation of an electrical device in the body. This device is responsible for sending electrical signals to the areas of brain, which are responsible for body movement. Furthermore, the devices which are used to monitor the stimulation of brain are called as deep brain stimulation devices. These devices are used in the treatment of various neurological disorders such as Parkinson's disease, epilepsy, essential tremor, dystonia, obsessive compulsive disorder, and others. In addition, deep brain stimulation devices are also used to block pain signals by sending an electrical impulse near the spine region. Download Report Sample @ https://www.alliedmarketresearch.com/request-sample/1477 Deep Brain Stimulation Devices Market  Download Report Sample

  3. Rise in prevalence of lifestyle diseases such as depression and chronic pain, increase in number of neurological disorders, and investment for neurological R&D are the factors that drive the growth of the global deep brain stimulation devices market. Moreover, rise in demand for minimal invasive surgery, adoption of technologically advanced products, and surge in aging population also propels the deep brain stimulation devices market growth as they are more susceptible to neurological disorders such as Epilepsy, Parkinson’s disease, Alzheimer’s disease, and chronic pain. The major barriers for the growth of the deep brain stimulation devices market include side effects such as allergic reaction and tingling or prickling of the skin due to implantation of deep brain stimulation device into the body and increase in device cost. However, the availability of other treatment options such as drug therapies and surgeries restrict the growth of the deep brain stimulation devices market. Inquire before buying @ https://www.alliedmarketresearch.com/purchase-enquiry/1477 Deep Brain Stimulation Devices Market  Download Report Sample

  4. The deep brain stimulation devices market is classified on the basis of application, end user, and region. Based on application, the market is classified into Parkinson's disease, epilepsy, essential tremor, dystonia, obsessive compulsive disorder, and others. On the basis of end user, the market is categorized into hospitals, ambulatory surgical centers, neurological clinics, and others. Region wise, the deep brain stimulation devices market size is analyzed across North America, Europe, Asia-Pacific and LAMEA. In 2018, North America accounted for the major share of the deep brain stimulation devices market size and is expected to continue this trend, owing to higher number of R&D activities, presence of skilled technicians, and wide availability of technologically advanced deep brain stimulation devices. Moreover, surge in prevalence of various neurological disorders is another factor that boost the deep brain stimulation devices market in the region. On the other hand, Asia-Pacific is estimated to register the fastest growth during the forecast period, owing to rise in healthcare expenditure and surge in prevalence of various neurological disorders such as epilepsy and others. Customize request @ https://www.alliedmarketresearch.com/request-for-customization/1477 Deep Brain Stimulation Devices Market  Download Report Sample

  5. The Major Key Players Are: • Abbott Laboratories • Aleva Neurotherapeutics SA • Boston Scientific Corporation • Functional Neuromodulation Ltd • Beijing PINS Medical Co., Ltd. • Medtronic plc • NeuroPace Inc. • Nevro Corporation • Neuronetics Inc. Deep Brain Stimulation Devices Market  Download Report Sample

  6. Key Findings of the Study: • North America occupied 40.0% share of the deep brain stimulation devices market in 2018. • Asia-Pacific is anticipated to grow with the highest CAGR throughout the forecast period. • The Dystonia segment accounted for 12.0% share of the market in 2018.  • The Neurological Clinics segment is anticipated to grow at the 15.23% during the analysis period. Deep Brain Stimulation Devices Market  Download Report Sample

  7. Contact: David Correa 5933 NE Win Sivers Drive #205, Portland, OR 97220 United States Toll Free (USA/Canada): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-855-550-5975 help@alliedmarketresearch.com Web: https://www.alliedmarketresearch.com Deep Brain Stimulation Devices Market  Download Report Sample

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