Global Brain Implants Market By Product Type (Deep Brain Stimulators, Spinal Cord Stimulators, Vagus Nerve Stimulators) By Application (Chronic Pain, Epilepsy, Parkinson’s Disease, Depression, Essential Tremor, Alzheimer’s Disease) By End User (Hospitals & Clinics, Ambulatory Surgery Centers, Others) By Region, Competition Forecast & Opportunities, 2027

  • Industry : Healthcare
  • Pages : NA
  • Published Date : NA
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Summary

Report Description

Global brain implants market is projected to grow at a steady pace, on account of increasing population that is prone to neurological disorders, in the upcoming years. Patients with neurological disorders and in need of technical systems to stimulate parts of nervous system, directly or indirectly are the end user of the product.

Increase in the number of such patients would enhance the demand for brain implants, thus supporting the growth of the market. Moreover, technical advancements in the brain implants would drive the market toward its expected growth.

Global brain implants market is segmented by product type, application, end user, and region. Based on product type, the market is categorized as deep brain stimulators, spinal cord stimulators, and vagus nerve stimulators. Based on application, the market is categorized as chronic pain, epilepsy, Parkinson’s disease, depression, essential tremor, Alzheimer’s disease. Patients with the requirements of brain implants can pursue the sales through the end users of the market, that is through hospitals & clinics, ambulatory surgery  centers, and others.

Neurological disorders like Parkinson’s, Alzheimer’s, and depression are increasing at an alarming rate. In fact, according to the recent report from the World Health Organization (WHO), neurological disorders cost 13.2% deaths in developed countries and 16.8% deaths in developing countries, amounting to 6.3% of global disease burden. The growing base of the aging population is more prone to Parkinson's disease.

Individuals suffering from Parkinson’s disease are not able to release adequate dopamine in the brain, which leads to walking problems, tremors, and stiffness among other conditions. Brain implants are proven to play a crucial role in providing therapeutic solutions to the same, thus supporting the growth of the global brain implants market.

Some of the major competitors in the market are Medtronic Plc., Boston Scientific Corporation, St. Jude Medical, Inc. (Abbott), Synapse Biomedical Inc, Nevro Corporation, NDI Medical LLC, Terumo Corporation, Edwards Lifesciences Corporation, NeuroPace, Inc., LivaNova PLC, Synchron Inc., Functional Neuromodulation Ltd., Beijing PINS Medical Co. Ltd, Renishaw Plc, Aleva Neurotherapeutics SA.

The companies are focusing on extensive research and developments activities to stay competitive in the market. Other competitive strategies include formation of alliances and partnerships.

Objective of the Study:

  • To analyze and forecast the market size of Global brain implants market from 2017 to 2021.
  • To estimate and forecast the market size of Global brain implants market from 2021 to 2027 and growth rate until 2027. 
  • To classify and forecast Global brain implants market based on product type, application, end user, and regional distribution.
  • To identify dominant region or segment in the Global brain implants market.
  • To identify drivers and challenges for Global brain implants market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global brain implants market.
  • To identify and analyze the profiles of leading players operating in Global brain implants market.
  • To identify key sustainable strategies adopted by market players in Global brain implants market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research.

TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of Global brain implants market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated them through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Brain implants manufacturers, end users, service providers and other stakeholders
  • Distributers and suppliers of brain implants’ products and services and other stakeholders
  • Organizations, forums, and alliances related to brain implants   
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered
  • Product Type
  • Application
  • End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Australia; Singapore; Malaysia; South Korea; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Qatar

Key Companies Profiled

Medtronic Plc., Boston Scientific Corporation, St. Jude Medical, Inc. (Abbott),        Synapse Biomedical Inc, Nevro Corporation, NDI Medical LLC, Terumo Corporation, Edwards Lifesciences Corporation, NeuroPace, Inc., LivaNova PLC, Synchron Inc., Functional Neuromodulation Ltd., Beijing PINS Medical Co. Ltd, Renishaw Plc, Aleva Neurotherapeutics SA.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, Global brain implants market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Brain Implants Market, By Product Type:
    • Deep Brain Stimulators
    • Spinal Cord Stimulators
    • Vagus Nerve Stimulators
  • Global Brain Implants Market, By Application:
    • Chronic Pain
    • Epilepsy
    • Parkinson’s Disease
    • Depression
    • Essential Tremor
    • Alzheimer’s Disease
  • Global Brain Implants Market, By End User:
    • Hospitals & Clinics
    • Ambulatory Surgery Centres
    • Others
  • Global Brain Implants Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe & CIS
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global brain implants market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Global Brain Implants Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Brain Implants Market

4.    Voice of Customer

5.    Executive Summary

6.    Global Brain Implants Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Product Type (Deep Brain Stimulators, Spinal Cord Stimulators, Vagus Nerve Stimulators)

6.2.2.     By Application (Chronic Pain, Epilepsy, Parkinson’s Disease, Depression, Essential Tremor, Alzheimer’s Disease)

6.2.3.     By End User (Hospitals & Clinics, Ambulatory Surgery Centers, Others)

6.2.4.     By Company (2021)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Brain Implants Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Product Type

7.2.2.     By Application

7.2.3.     By End User

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Brain Implants Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Product Type

7.3.1.2.2.             By Application

7.3.1.2.3.             By End User

7.3.2.     India Brain Implants Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Product Type

7.3.2.2.2.             By Application

7.3.2.2.3.             By End User

7.3.3.     South Korea Brain Implants Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Product Type

7.3.3.2.2.             By Application

7.3.3.2.3.             By End User

7.3.4.     Japan Brain Implants Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Product Type

7.3.4.2.2.             By Application

7.3.4.2.3.             By End User

7.3.5.     Australia Brain Implants Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Product Type

7.3.5.2.2.             By Application

7.3.5.2.3.             By End User

8.    Europe Brain Implants Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Product Type

8.2.2.     By Application

8.2.3.     By End User

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Brain Implants Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Product Type

8.3.1.2.2.             By Application

8.3.1.2.3.             By End User

8.3.2.     Germany Brain Implants Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Product Type

8.3.2.2.2.             By Application

8.3.2.2.3.             By End User

8.3.3.     United Kingdom Brain Implants Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Product Type

8.3.3.2.2.             By Application

8.3.3.2.3.             By End User

8.3.4.     Italy Brain Implants Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Product Type

8.3.4.2.2.             By Application

8.3.4.2.3.             By End User

8.3.5.     Spain Brain Implants Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Product Type

8.3.5.2.2.             By Application

8.3.5.2.3.             By End User

9.    North America Brain Implants Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Product Type

9.2.2.     By Application

9.2.3.     By End User

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Brain Implants Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Product Type

9.3.1.2.2.             By Application

9.3.1.2.3.             By End User

9.3.2.     Mexico Brain Implants Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Product Type

9.3.2.2.2.             By Application

9.3.2.2.3.             By End User

9.3.3.     Canada Brain Implants Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Product Type

9.3.3.2.2.             By Application

9.3.3.2.3.             By End User

10.  South America Brain Implants Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Product Type

10.2.2.  By Application

10.2.3.  By End User

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Brain Implants Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Product Type

10.3.1.2.2.           By Application

10.3.1.2.3.           By End User

10.3.2.  Argentina Brain Implants Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Product Type

10.3.2.2.2.           By Application

10.3.2.2.3.           By End User

10.3.3.  Colombia Brain Implants Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Product Type

10.3.3.2.2.           By Application

10.3.3.2.3.           By End User

11.  Middle East and Africa Brain Implants Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Product Type

11.2.2.  By Application

11.2.3.  By End User

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Brain Implants Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Product Type

11.3.1.2.2.           By Application

11.3.1.2.3.           By End User

11.3.2.  Saudi Arabia Brain Implants Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Product Type

11.3.2.2.2.           By Application

11.3.2.2.3.           By End User

11.3.3.  UAE Brain Implants Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Product Type

11.3.3.2.2.           By Application

11.3.3.2.3.           By End User

11.3.4.  Kuwait Brain Implants Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Product Type

11.3.4.2.2.           By Application

11.3.4.2.3.           By End User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Medtronic Plc.

14.2.              Boston Scientific Corporation

14.3.              St. Jude Medical, Inc. (Abbott)

14.4.              Synapse Biomedical Inc

14.5.              Nevro Corporation

14.6.              NDI Medical LLC

14.7.              Terumo Corporation

14.8.              Edwards Lifesciences Corporation

14.9.              NeuroPace, Inc.

14.10.            LivaNova PLC

14.11.            Synchron Inc.

14.12.            Functional Neuromodulation Ltd.

14.13.            Beijing PINS Medical Co. Ltd

14.14.            Renishaw Plc

14.15.            Aleva Neurotherapeutics SA

15.  Strategic Recommendations

Figures and Tables

Frequently asked questions

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Factors like increasing population that is prone to neurological disorders, increase in the number of such patients would enhance the demand for brain implants are driving the growth of the global brain implants market in the forecast years, 2023-2027.

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Medtronic Plc., Boston Scientific Corporation, St. Jude Medical, Inc. (Abbott), Synapse Biomedical Inc, Nevro Corporation, NDI Medical LLC, among others are leading the global brain implants market in the forecast period, 2023-2027.

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The global brain implants market analysis was analyzed for the five historical years from 2017 to 2020. Keeping the base year 2020 as the margin, the estimation for the year 2022 was made and further market growth is predicted for the forecast years, 2023 to 2027.

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New market players may invest actively in research and innovative product development. Also, advancing their existent technology according to evolving consumer preferences along with merger and acquisitions with the global giants can be viable strategic recommendations for the future brand establishments.

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