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Deep brain stimulation (DBS)  Market, By Application (Epilepsy, Dystonia, Parkinson’s Disease, Tremor, and Others), And Geography (North America, Europe, Asia Pacific, And Rest Of The World) – Analysis, Share, Trends, Size, & Forecast From 2014 – 2025

111 Pages | Published Date : 08 / 11 / 17  | Report Code: AV137 | Report Format: PDF

REPORT HIGHLIGHT

The deep brain stimulation market is estimated to represent a global market of USD 749.6 million by 2016 with growth rate of 18.2%.  Deep brain stimulation (DBS) procedure is primarily used for the treatment of neuropsychiatric disorders such as mood disorder, dementia, anxiety and others. The procedure involve the use of neurotransmitter (brain pacemaker) that enables to transmit electric impulses to the specific target of brain cells. Increasing incidence of neurological disorders is anticipated to support the market growth. According to WHO, neurological diseases contribute 6.3% to the global disease burden and are one of the major causes of mortality worldwide, resulting in 13.2% deaths in developed countries and 16.8% in low- and middle-income countries. High mortality and disease burden create clinical urgency for incorporation of long-term solutions such as deep brain stimulators. Additionally, continuous approval of new products by regulatory authorities is expected to establish healthy platform for the market growth.

For instance, in June 2017, Medtronic received CE (Conformité Européenne) Mark for its SureTune (TM) 3 software for Deep Brain Stimulation (DBS) Therapy for treatment of Parkinson’s disease. This provides patient-specific visualization of lead and simulated volume of neural activation which help physicians on programs for patient’s deep brain stimulation therapy. Similarly, during the same time period, Boston Scientific received CE Mark for Vercise Gevia Deep Brain Stimulation System, which allows physicians to visualize the stimulation field. Such types of introduction will help companies to expand their customer base thus driving the market growth to great extent. Furthermore, stable reimbursement scenario, favorable government initiatives, and rising customer awareness will also boost the market growth.

Deep brain stimulators market is primarily categorized as Epilepsy, Dystonia, Parkinson’s Disease, Tremor, and Others. Parkinson’s disease is considered to be the largest market owing to the increasing demand for DBS therapy for the treatment and management of this disorder.  Rise in prevalence of Parkinson’s disease coupled with advancement in treatment such as integration of physiological imaging and highly sensitive structural imaging with DBScan also be attributed to the market growth.

Regionally, the market is dominated by developed countries such as North America and Europe. Collectively, these regions accounted for more than 70% share of the global market revenue. This therapy is currently approved in many geographies, including the U.S. and Europe, for the treatment of the tremor, Parkinson’s disease and dystonia. In Canada, Europe and Australia, DBS therapy is also approved for the management of refractory epilepsy. As per Parkinson’s Disease Foundation (PDF), around 1 million people in the U.S. have been affected by Parkinson’s disease till date and 60,000 people are affected every year in the U.S. Presence of major competitors coupled with sophisticated healthcare infrastructure &supportive government initiatives are also responsible for market growth in North America.

Companies such as Boston Scientific Corporation, Medtronic, Inc. and St. Jude Medical Inc. are considered to be the major market players of the industry. Among which, it is studied that more than 45% share of the total market is captured by St. Jude Medical. The company provides solutions in six major disease areas such as neurological diseases, chronic pain, heart failure, structural heart disease, vascular diseases, and arrhythmias. Of which, neurological disease are is company’s established business segment and help company to post significant revenue. Libra XP, Brio Rechargeable IPG, Infinity Deep Brain Stimulation System and Athena Programmer are some of the product offered by the company under deep brain stimulation market segment. Additionally, introduction of novel DBS by company has further expanded the customer base. For instance, in October 2016, St. Jude Medical received the U.S. FDA approval for St. Jude Medical Infinity DBS system and its DBS directional leads, thus expanding the company’s product portfolio.

The market size and forecast for each segment has been provided for the period 2014 to 2025, considering 2015 as the base year. The report also provides the compounded annual growth rate (% CAGR) for the forecast period 2016 to 2025 for every reported segment.

The years considered for the study are:

  • Historical Year – 2014 & 2015
  • Base Year – 2015
  • Estimated Year – 2016
  • Projected Year – 2025

TARGET AUDIENCE

  • Traders, Distributors, And Suppliers
  • Manufacturers
  • Hospitals
  • Government and Regional Agencies and Research Organizations
  • Consultants
  • Distributors

SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY APPLICATION

  • Epilepsy
  • Dystonia
  • Parkinson’s Disease
  • Tremor
  • Others

MARKET, BY REGION

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

MARKET, BY COUNTRY

  • Further Breakdown of The North America Market
    • U.S.
    • Canada
  • Further Breakdown of The Europe Market
    • Germany
    • France
    • Rest of Europe
  • Further Breakdown of The APAC Market
    • India
    • China
    • Rest of APAC
  • Further Breakdown of The Rest of the World Market
    • Middle East and Africa
    • Latin America
TABLE OF CONTENT

1. DEEP BRAIN STIMULATION (DBS) MARKET OVERVIEW
1.1. Study Scope
1.2. Base Year
1.3. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Key Market Facts
2.2. Geographical Scenario
2.3. Companies in the Market
3. DEEP BRAIN STIMULATION (DBS) KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. DEEP BRAIN STIMULATION (DBS) INDUSTRY STUDY
4.1. Company Activity Analysis
4.2. Regulatory Framework Analysis
4.3. Market Attractiveness Analysis
5. DEEP BRAIN STIMULATION (DBS) MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
6. DEEP BRAIN STIMULATION (DBS) MARKET – BY APPLICATION:
6.1. Overview
6.2. Epilepsy
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Dystonia
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Parkinson’s Disease
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.5. Tremor
6.5.1. Overview
6.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.6. Others
6.6.1. Overview
6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. DEEP BRAIN STIMULATION (DBS) MARKET– BY GEOGRAPHY
7.1. Introduction
7.2. North America
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.2.3. U.S.
7.2.3.1. Overview
7.2.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.2.4. Canada
7.2.4.1. Overview
7.2.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Europe
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.3. France
7.3.3.1. Overview
7.3.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.4. Germany
7.3.4.1. Overview
7.3.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3.5. Rest of Europe
7.3.5.1. Overview
7.3.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Asia Pacific (APAC)
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.3. China
7.4.3.1. Overview
7.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.4. India
7.4.4.1. Overview
7.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4.5. Rest of APAC
7.4.5.1. Overview
7.4.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Rest of the World
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.3. Latin America
7.5.3.1. Overview
7.5.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5.4. Middle East and Africa
7.5.4.1. Overview
7.5.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. KEY VENDOR ANALYSIS
8.1. Boston Scientific Corporation
8.1.1. Company Overview
8.1.2. SWOT Analysis
8.1.3. Key Developments
8.2. Medtronic, Inc.
8.2.1. Company Overview
8.2.2. SWOT Analysis
8.2.3. Key Developments
8.3. St. Jude Medical Inc.
8.3.1. Company Overview
8.3.2. SWOT Analysis
8.3.3. Key Developments
8.4. Libra XP
8.4.1. Company Overview
8.4.2. SWOT Analysis
8.4.3. Key Developments
8.5. Brio Rechargeable IPG
8.5.1. Company Overview
8.5.2. SWOT Analysis
8.5.3. Key Developments
8.6. Infinity Deep Brain Stimulation System
8.6.1. Company Overview
8.6.2. SWOT Analysis
8.6.3. Key Developments
9. 360 DEGREE ANALYSTVIEW
10. APPENDIX
10.1. Research Methodology
10.2. Abbreviations
10.3. Disclaimer
10.4. Contact Us

SCOPE AND OBJECTIVES :
The objective of this report is to describe the market trends and revenue forecasts for the market for the upcoming years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.
The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analysing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the market. The scope of this report covers the market by its major segments, which include the source, disease end user industry, and the major geographic regions.

KEY BENEFITS OF THE REPORT :
• Understanding of the strategies that are being adopted by the key players in this market to stay competitive
• Extensive analysis of the key players dominating the competitive landscape of this market
• In-depth analysis of the key factors are propelling the growth of the global market
• Detailed analysis of the geographic region that will witness the strongest growth
• Granular analysis of the current market scenario and the expected market grow

RESEARCH METHDOLOGY

AnalystView’s research methodology is developed on a combination of specialist industry analyst knowledge and in-country research experience. We employ data interrogation methodologies to generate new and meaningful analyses and insights. The research study involves extensive usage of secondary sources, directories, and databases (such as Hoovers, Bloomberg, and Businessweek) to identify and collect information useful to understand technical, market-oriented, and commercial aspects of market. Market data and information are also collected and not limited to secondary sources like:

  • Official Company’s Website, Financial and Annual Reporting
  • Government Statistical Data
  • Online Publishing Articles
  • Industry Player’s Investor Presentations
  • Economic News Articles
  • National and International Trade Associations
  • The Financial, Business and Mainstream Press
  • Industry Study Groups and Other Semi-Official Sources
  • Many Other Informative Channels Related to the Market Topics

Gathering data through secondary sources is only the first step. The ability to cross-refer market data through available secondary information often conflicting across multiple sources is a key aspect of the added value we provide

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MARKET FORECAST

Market forecast for the respective market is primarily based on the year on year (YOY) growth rate. Data projection and future performance of each segment analyzed based on the key aspects extracted from primary and secondary research results. Thus data projection states the assumption on how the market behaves under macroeconomic and microeconomic parameters. Our market forecasting represents strategic conclusion we have reached about the coming state of the market scenario.

MARKET ANALYSIS

Another integral part of our research study is that AnalystView’s market data is accompanied by clear written analysis. We include detail information on market segments in terms of market drivers, market restraints and market opportunities. These offer insights of different channel dynamics, brand preference, incidence/prevalence data, technology up gradation, consumption trend, and future market scenario. We also include supporting data with any relevant awareness campaign, new introduction, regulatory norms, government initiatives, and industry player’s expansion in specific product segments. From research perspective, this information explains and substantiates estimated data finding and forecast.

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