Deep Brain Stimulation Devices Market is Expected to Reach ~US$ 3033.4 million by 2030

1. Market Research Report EXCLUSIVE EDITION Global Deep Brain Stimulation Devices Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Global Deep Brain Stimulation Devices Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

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5. Deep Brain Stimulation Devices Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 Deep Brain Stimulation Devices Market by Product (Single Channel, and Dual Channel), by Application (Pain Management, & Others), by End Use (Hospitals, Neurology Clinics, Research Centers), by Region – Global Share and Forecast to 2030 Description According to the Market Statsville Group (MSG), the global deep brain stimulation devices market size is expected to grow from USD 1,318.5 million in 2021 to USD 3033.4 million by 2030, at a CAGR of 9.7% from 2022 to 2030. The deep brain stimulation (DBS) device, also known as a brain pacemaker, assists in relieving parkinson's disease symptoms (PD). The device is implanted in one of three FDA-approved brain locations in the United States to restrict electrical impulses from these areas of the brain. The three FDA- approved targeted brain locations in the United States are the ventrointermedialis (VIM) nucleus of the thalamus, the subthalamic nucleus (STN), and the globus pallidus pars interna (GPi). DBS surgery is conducted on individuals who have had Parkinson's disease for at least four years and are taking drugs, although with motor problems. Although there are alternative surgical treatments such as Thalamotomy and Pallidotomy, DBS is the recommended choice since it does not entail tissue damage and is a reversible surgical procedure. The electrodes are in charge of creating electric impulses and assisting in managing chemical imbalances in the brain. Such impulses are efficiently regulated by a neurostimulator and battery placed in the patient's chest. DBS treats people with Parkinson's disease, essential tremor, dystonia, epilepsy, and other conditions. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. Request Sample Copy of this Report: https://www.marketstatsville.com/request-sample/deep-brain- stimulation-devices-market Global Deep Brain Stimulation Devices Market Definition The growing older population, which increases the risk and incidence of neurological illnesses, increased demand for the devices as minimally invasive treatments become more popular, and the availability of advanced deep brain stimulation technologies are the primary drivers driving the market's expansion. The rising number of patients suffering from involuntary movements caused by Parkinson's disease, dystonia, and multiple sclerosis is predicted to fuel market expansion. Furthermore, a significant market driver is a rising demand for less invasive procedures due to improved patient outcomes. COVID-19 Impact on the Global Deep Brain Stimulation Devices Market The COVID-19 pandemic has negatively influenced the market by directly hurting demand and production, disrupting the supply chain, and raising the financial burden on enterprises. Brain procedures have frequently been postponed or canceled during this interval to minimize coronavirus transmission. Neurosurgical operations plummeted by 55% in the worst-affected countries, including the United States, Russia, India, Brazil, France, the United Kingdom, Italy, and Spain. Manufacturers have found it difficult to service their surgeon clients since certain hospitals have limited or modified access requirements. As a result, they foresee a fall in procedural volumes in 2020, stifling market growth. However, expanded worldwide tele-consultancy operations for follow-up and routine check-ups to address the symptoms of Parkinson's disease patients during the pandemic are playing an important role in enhancing market growth. As a result, such developments are projected to influence DBS adoption in the next years considerably. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. Global Deep Brain Stimulation Devices Market Dynamics Drivers: Severe adverse effects and medication interactions due to drug absorption by non-targeted locations Demand for DBS devices is expected to be driven by severe adverse effects and pharmaceutical combinations caused by drug absorption in non-targeted areas. These drugs can greatly improve motor function but can also have negative effects, especially as the condition progresses. Long-term use of the medication levodopa, for example, can result in hallucinations, dyskinesia, neurotoxic effects, and severe metabolic abnormalities. As a result of such negative effects, physicians are increasingly resorting to specialist treatment alternatives, such as deep brain stimulators. As a result, market growth will accelerate over the forecast period. Restraints: Excise duties on medical device Excise taxes on medical devices are expected to hinder the Global Deep Brain Stimulation Devices Market for Parkinson's disease. The Affordable Care Act in the United States imposes a 2.3 percent excise tax on medical equipment importers and manufacturers. Due to this trend, patients who need deep brain stimulation devices for Parkinson's disease have noticed increased costs. Deep brain stimulation is also only utilized in the most refractory patients and conditions, generally in conjunction with skilled multidisciplinary therapy and clinical research, which is expected to restrict the market growth. Opportunities: Adoption of new technological in manufacturing DBS Devices Deep brain stimulation technologies are gaining popularity as technology grows. Among the technological advancements are robot-assisted insertion, rechargeable implanted pulse generators, better microelectrode designs, multi-target stimulation, and personalized directed programming. As a result of these advancements, DBS devices display fewer side effects, greater effectiveness, and symptomatic relief in Parkinson's patients compared to prior approaches. The growing senior population is also driving market growth in the coming years since older individuals are more vulnerable to illnesses including Parkinson's and Alzheimer's. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. Scope of the Global Deep Brain Stimulation Devices Market The study categorizes the deep brain stimulation devices market based on product, application, and end-use at regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy- now/deep-brain-stimulation-devices-market?opt=2950 By Product Outlook (Sales, USD Million, 2017-2030) •Single Channel •Dual Channel By Application Outlook (Sales, USD Million, 2017-2030) •Pain Management •Epilepsy •Essential Tremor •Obsessive Compulsive Disorder (OCD) •Depression •Dystonia •Parkinson’s Disease •Others © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. By End Use Outlook (Sales, USD Million, 2017-2030) •Hospitals •Neurology Clinics •Ambulatory Surgical Centers •Research Centers By Region Outlook (Sales, USD Million, 2017-2030) •North America • US • Canada • Mexico •Europe • Germany • Italy • France • UK • Spain • Poland • Russia • The Netherlands • Norway • Czech Republic • Rest of Europe © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

10. •Asia Pacific • • • • • • • • • • •South America • Brazil • Argentina • Colombia • Rest of South America •The Middle East & Africa • Saudi Arabia • UAE • South Africa • Northern Africa • Rest of MEA Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/deep-brain-stimulation-devices-market China Japan India South Korea Indonesia Malaysia Thailand Singapore Australia & New Zealand Rest of Asia Pacific © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

11. Hospital segment accounts for the largest market share by end-use Based on the end-use, the deep brain stimulation devices market is divided into hospitals, neurology clinics, ambulatory surgical centers, and research centers. The hospital segment dominated the market for deep brain stimulation devices due to a growth in the number of hospitals around the world. A professional neurologist, who may be found at specialized facilities, can also diagnose and treat neurological issues utilizing modern technology. Thus, the hospital segment of the global deep brain stimulation devices market is thriving. North America accounts for the largest market share by Region Based on the regions, the global deep brain stimulation devices market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Due to the increased approvals by FDA for deep brain stimulation devices in clinical applications, North America dominated the global market for these devices in 2021. For instance, the FDA in the United States authorized Brio, a deep brain stimulation device, in 2015 for the treatment of Parkinson's disease. Furthermore, an increasing number of people identified with Parkinson's disease, along with increased government financing and attempts to raise awareness about movement disorders, is likely to fuel demand for deep brain stimulation devices in the region. As a result, such market trends are likely to assist North America in dominating the overall market. Request For Report Description: https://www.marketstatsville.com/deep-brain-stimulation- devices-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 11

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