Sales Of Deep Brain Stimulators Are Expected To Increase At A Similar CAGR Of 11% From 2022 To 2027

Healthcare

For the historical period of 2015–2021, Fact.MR has used a multidisciplinary approach to throw light on the development of the global market for brain implants. In-depth analyses of the current growth dynamics, key opportunities for the estimation year of 2019, and important possibilities for the forecast period of 2022–2027 are presented in the report.

According to the report, the market for brain implants is expected to grow at a CAGR of 7.6% over the period under consideration because to a number of important factors, such as rising investments in the field, an increase in the number of R&D projects, favourable regulatory frameworks, and more. When compiling the market analysis, the experts at Fact.MR use contemporary research approaches and collect information from reliable primary and secondary sources.

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Competitive Landscape

Market participants are consistently expanding their product offerings and creating better analytical solutions. Alliances, technological partnerships, and product launch strategies of the businesses in the market for brain implants are their main priorities.

  • Medtronic plc, in June 2021, announced that SenSight Directional Lead System, which is utilized for deep brain stimulation therapy, received FDA approval.

Key Segments in Brain Implants Industry Research

  • By Product :

    • Deep Brain Stimulators
    • Spinal Cord Stimulators
    • Vagus Nerve Stimulators
  • By Application :

    • Chronic Pain
    • Epilepsy
    • Parkinson’s disease
    • Depression
    • Essential Tremor
    • Alzheimer’s Disease
    • Obsessive-compulsive Disorder
    • Multiple Sclerosis
    • Dementia
  • By End User :

    • Hospitals
    • Neurological Centers
    • Specialized Clinics
    • Others
  • By Region :

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

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