Deep Brain Stimulation Systems Market Growth and Trends: Key Insights into Market Opportunities for 2025-2034
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
How Are Key Drivers Contributing to the Growth and Expansion of the Deep Brain Stimulation Systems Market?
The deep brain stimulation systems market is projected to expand due to the rising occurrence of neurological disorders. These disorders comprise a diverse group of illnesses affecting the body’s autonomic, peripheral, and central nervous systems. Deep brain stimulation systems serve in neurosurgical operations to provide electrical stimulation to the intended region, with the objective of changing or regulating neural functionality to attain a reversible, adjustable, and therapeutic outcome. The Parkinson’s Foundation, a national organization in the US, noted in March 2023 that nearly 90,000 people each year in the US were diagnosed with PD, marking a 50% rise from the earlier estimated annual diagnosis of 60,000. As such, the escalating incidence of neurological disorders is fueling the growth of the deep brain stimulation systems market.
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How Will the Growth Rate of theDeep Brain Stimulation Systems Market Impact Industry Trends by 2034?
The market dimension of deep brain stimulation systems has witnessed swift expansion in the past years and is projected to escalate from $2.53 billion in 2024 to $2.79 billion in 2025 with a compound annual growth rate (CAGR) of 10.1%. The historic period growth is traced back to the increasing public preference for less invasive medical procedures, a surge in demand for minimally invasive surgeries in developed nations, growing requisition for minimally invasive surgical processes, high occurrence of conditions like Parkinson’s disease and epilepsy, as well as an escalating prevalence of neurological complications.
The market for deep brain stimulation systems is projected to experience accelerated growth in the upcoming years, reaching $4.16 billion in 2029 with an annual growth rate (CAGR) of 10.6%. The increase during this period can be tied to multiple factors including the expanding elderly population, a global rise in neurological disorders, the growing acceptance of neurostimulation therapies, and enhanced healthcare infrastructure. Significant trends expected during this forecast period include improvements in deep brain stimulation device technology, heightened focus on non-motor symptoms, miniaturization and use of progressive materials, as well as wireless connectivity, remote monitoring, and the advent of multimodal therapies.
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What New Market Trends Are Reshaping theDeep Brain Stimulation Systems Market and Its Opportunities?
Leading firms in the deep brain stimulation systems marketplace are pioneering advanced technologies such as deep brain stimulation (DBS) systems to offer treatment for movement disorder patients. Deep Brain Stimulation (DBS) is a medical intervention that consists of a device implanted within the brain to administer an electric pulse to specific parts. For example, Abbott Laboratories, a medical devices and healthcare firm based in the US, introduced the Liberta RC DBS system in January 2024 – one of the smallest rechargeable deep brain stimulation (DBS) devices globally that enables remote programming to help patients with movement disorders. The uniqueness of the Liberta RC DBS system is that it is the first connected care technology in the U.S. of its kind that is rechargeable, allowing patients to maintain contact with their doctors, ensuring the optimal setup and functioning, and allowing remote treatment adjustments when necessary, eliminating the need for in-office doctor visits.
Who Are the Leading Market Players Fueling Growth in the Deep Brain Stimulation Systems Market Trend?
Major companies operating in the deep brain stimulation systems market report are Abbott Laboratories, Medtronic plc, Boston Scientific Corporation, Quest Diagnostics Inc., St. Jude Medical Inc., Stanford Health Care, Associated Regional and University Pathologists Inc., LivaNova PLC, OPKO Health Inc., Nordic Laboratories, Myriad Genetics Inc., Nevro Corporation, Genomic Health, Mayo Medical Laboratories, Foundation Medicine Inc., SceneRay Co., ACM Global Laboratories, Neuropace Inc., American Esoteric Laboratories, Nexstim Oy, Aleva Neurotherapeutics S.A., NeuroSigma Inc., Beijing PINS Medical Co. Ltd., BioMONTR Labs, Functional Neuromodulation Ltd., Miraca Holdings Inc., Nuvectra Corporation
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How is the Global Deep Brain Stimulation Systems Market Segemented?
The deep brain stimulation systems market covered in this report is segmented –
1) By Product: Single Channel, Dual Channel
2) By Application: Parkinson’s Disease, Essential Tremor, Obsessive Compulsive Disorder, Epilepsy, Dystonia, Other Applications
3) By End-user: Hospitals, Ambulatory Surgical Centers, Neurological Clinics, Other End Users
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Which Geographics are Influencing the Growth of the Deep Brain Stimulation Systems Market?
North America was the largest region in the deep brain stimulation systems market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the deep brain stimulation systems market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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