Brain Implants Market Growth, Demand and Challenges of the Key Industry Players 2024-32


MARKETRESEARCH

Uploaded on Mar 4, 2024

Category Business

According to the latest research report by IMARC Group, The global brain implants market size reached US$ 6.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 12.3 Billion by 2032, exhibiting a growth rate (CAGR) of 8% during 2024-2032. More Info:- https://www.imarcgroup.com/brain-implants-market

Category Business

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Brain Implants Market Growth, Demand and Challenges of the Key Industry Players 2024-32

Global Brain Implants Market Research and Forecast Report 2024- 2032 Format: PDF+EXCEL © 2023 IMARC All Rights Reserved About IMARC Group In ternat ional Market Analys is Research and Consul t ing Group is a leading adv iser on management s t rategy and market research wor ldwide. We par tner wi th c l ients in a l l regions and indust ry vert ica ls to ident i fy thei r h ighest -value oppor tuni t ies, address thei r most cr i t ica l chal lenges, and t ransform thei r bus inesses. IMARC’s in format ion products inc lude major market , sc ient i f ic , economic and technological developments for bus iness leaders in pharmaceut ica l , indust r ia l , and h igh technology organizat ions. Market forecasts and indust ry analys is for b iotechnology, advanced mater ia ls , chemicals , food and beverage, t ravel and tour ism, nanotechnology and novel process ing methods are at the top of the company’s exper t ise. IMARC’s ta i lored approach combines unfathomable ins ight in to the dynamics o f companies and markets wi th c lose cooperat ion at a l l levels of the c l ient organizat ion. This ensures that our c l ients achieve unmatchable compet i t ive advantage, bui ld more pro f ic ient organizat ions, and secure las t ing resul ts . Acco r d ing t o t he l a t es t r e po r t b y I M ARC G r oup , t i t l ed "B ra i n I mp l an t s M ark e t : G l o ba l I ndu st ry T re nds , Sh are , S i ze , G row t h , O pp or t u n i t y an d Fo recas t 20 24 - 2032 , " t he g loba l b r a in im p lan t s m ar ke t s i ze r each ed US $ 6 . 1 B i l l i o n i n 2023 . B r a in im p lan t s r e f e r t o t ech no log i ca l dev i c es t ha t a r e used i n n um e r ous d i se ase Report m an agem en t a nd su r ge r y . They a r e p lace d i ns id e t he hum an bo dy t o ena b le i n t e r ac t i o n w i t h ne u r on s . T hey a r e u t i l i ze d i n t h e dee p b r a i n s t im u la t i on ( DB S) t ech n ique , wh ic h i s w ide l y adop t ed i n t he t r ea t m en t o f t i nn i t us , dys t on i a , ep i l ep sy , Highlight and Par k inson ’ s d i se ase , obse ss i ve - com pu ls i v e d i so r de r ( O CD) , and neu r opa t h i c pa in . B r a in im p lan t s a r e a l so use d t o r eha b i l i t a t e t h e bod y a f t e r a n i n ju r y , c om m un ic a t e Description wi t h p r os t h e t i c l im bs , an d enh ance m em o r y . I n r ecen t yea r s , b r a in im p lan t s ha ve ga ine d m om en t um du e t o t h e i r w ide em p loym en t i n b iom ed ic a l r esea r ch t o r ec o r d t he p a t t e r ns o f neu r a l ac t i v i t y , d i sc ove r n ove l m e d ica l p r ocedu r es , u nde r s t and b r a in f unc t i ons , and enha nce t he e f f ec t i ven ess o f ex i s t i ng d r ug s . Reque st f o r a P DF s ampl e o f t h i s repor t : h t t p s : / / www. im ar c g r ou p . com / b r a in - im p lan t s - m a r ke t / r equ es t sa m p le Report Description Global Bra i n Imp lan ts Market T rends: One o f t he p r imary fac t o r s d r i v i ng the marke t i s t he inc reas ing ger ia t r i c popu la t i on , a long w i th the r i s ing p reva lence o f cor respond ing age- re la ted neuro log i ca l d i seases . Add i t i ona l l y , t he inc reas ing u t i l i za t ion o f cos t -e f f ec t i ve and lase r -based techn iques a re c rea t ing a pos i t i ve marke t ou t look . O t her t han th is , t he inc reas ing number o f i nd iv idua ls d iagnosed w i th ta rge t d iseases , such as A lzhe imer ’s , Park inson ’s d isease, and ep i lepsy a re pos i t i ve ly in f luenc ing the marke t g rowth . Bes ides t h is , DBS techn ique s t imu la tes dys f unc t iona l par t s o f t he b ra in , t hus i t i s w ide ly used to improve cogn i t i ve f unc t ion among ind iv idua ls d iagnosed w i th Toure t t e ’ s synd rome and psych ia t r i c d iso rders . I n l i ne w i th th i s , t he ex t ens ive u t i l i za t ion o f t h i s p roduc t f o r t he t rea t ment o f i nd iv idua ls su f fe r ing w i t h para lys is i s esca la t i ng the demand fo r t hese b ra in imp lan t s as they s t imu la te sp ina l cord , o f f e r senso ry feedback , and a l low ampu tees t o con t ro l t he movement o f l egs , hands , and arms. Moreover , key p layers a re in t r oduc ing ca rbon nano tubes and conven t iona l s i l i cone imp lan ts in t he b ra in to ass i s t so ld ie r s f i gh t be t t e r under combat s i t ua t ions and enab le a t h le t es t o focus on the i r spor t s . These f ac to r s a re an t i c ipa ted to p rov ide a pos i t i ve th rus t on the marke t g rowth . Vi ew Report TOC, F igures and Tab les : h t tps: / / www. i marcgroup .com/bra i n - imp l an ts-market Product Insights: • Deep Brain St imulators • Spinal Cord St imulators • Vagus Nerve St imulators   Application Insights: Report • Chronic Pain Segmentation • Epi lepsy • Parkinson’s Disease • Depression • Essential Tremor • Alzheimer’s Disease Regional Insights: • North America • Asia-Pacifi c • Europe • Latin America Report • Middle East and Afr ica Segmentation • Abbott Laboratories • Aleva Neurotherapeutics SA • Boston Scient ifi c Corporation Competitive • Medtronic plc Landscape • NeuroPace Inc. • Nevro Corp. with Key • Synchron Players What is the expected growth rate of the global brain implants market during 2024-2032? What are the key factors driving the global brain implants market? What has been the impact of COVID-19 on the Key global brain implants market? Questions What is the breakup of the global brain implants market based on the product? Answered in What is the breakup of the global brain implants the Report market based on the application? What are the key regions in the global brain implants market? Who are the key players/companies in the global brain implants market? 1 P r e f a c e 2 S c o p e a n d M e t h o d o l o g y 2 . 1 O b j e c t i v e s o f t h e S t u d y 2 . 2 S t a k e h o l d e r s 2 . 3 D a t a S o u r c e s 2 . 3 . 1 P r i m a r y S o u r c e s 2 . 3 . 2 S e c o n d a r y S o u r c e s 2 . 4 M a r k e t E s t i m a t i o n 2 . 4 . 1 B o t t o m - U p A p p r o a c h Table of 2 . 4 . 2 T o p - D o w n A p p r o a c h 2 . 5 F o r e c a s t i n g M e t h o d o l o g y 3 E x e c u t i v e S u m m a r y 4 I n t r o d u c t i o n 4 . 1 O v e r v i e w Contents 4 . 2 K e y I n d u s t r y T r e n d s5 G l o b a l B r a i n I m p l a n t s M a r k e t 5 . 1 M a r k e t O v e r v i e w 5 . 2 M a r k e t P e r f o r m a n c e 5 . 3 I m p a c t o f C O V I D - 1 9 5 . 4 M a r k e t F o r e c a s t 6 M a r k e t B r e a k u p b y P r o d u c t 6 . 1 D e e p B r a i n S t i m u l a t o r s 6 . 1 . 1 M a r k e t T r e n d s 6 . 1 . 2 M a r k e t F o r e c a s t 6 . 2 S p i n a l C o r d S t i m u l a t o r s 6 . 2 . 1 M a r k e t T r e n d s 6 . 2 . 2 M a r k e t F o r e c a s t 6 . 3 V a g u s N e r v e S t i m u l a t o r s 6 . 3 . 1 M a r k e t T r e n d s 6 . 3 . 2 M a r k e t F o r e c a s t 7 M a r k e t B r e a k u p b y A p p l i c a t i o n 7 . 1 C h r o n i c P a i n 7 . 1 . 1 M a r k e t T r e n d s 7 . 1 . 2 M a r k e t F o r e c a s t 7 . 2 E p i l e p s y 7 . 2 . 1 M a r k e t T r e n d s 7 . 2 . 2 M a r k e t F o r e c a s t 7 . 3 P a r k i n s o n ’ s D i s e a s e 7 . 3 . 1 M a r k e t T r e n d s 7 . 3 . 2 M a r k e t F o r e c a s t 7 . 4 D e p r e s s i o n Table of 7 . 4 . 1 M a r k e t T r e n d s 7 . 4 . 2 M a r k e t F o r e c a s t 7 . 5 E s s e n t i a l T r e m o r 7 . 5 . 1 M a r k e t T r e n d s Contents 7 . 5 . 2 M a r k e t F o r e c a s t 7 . 6 A l z h e i m e r ’ s D i s e a s e 7 . 6 . 1 M a r k e t T r e n d s 7 . 6 . 2 M a r k e t F o r e c a s t 8 M a r k e t B r e a k u p b y R e g i o n 8 . 1 N o r t h A m e r i c a 8 . 1 . 1 U n i t e d S t a t e s 8 . 1 . 1 . 1 M a r k e t T r e n d s 8 . 1 . 1 . 2 M a r k e t F o r e c a s t 8 . 1 . 2 C a n a d a 8 . 1 . 2 . 1 M a r k e t T r e n d s 8 . 1 . 2 . 2 M a r k e t F o r e c a s t 8 . 2 A s i a - P a c i f i c 8 . 2 . 1 C h i n a 8 . 2 . 1 . 1 M a r k e t T r e n d s 8 . 2 . 1 . 2 M a r k e t F o r e c a s t F o r m o r e i n f o r m a t i o n , v i s i t : h t t p s : / / w w w. i m a rc g ro u p . c o m / b r a i n - i m p l a n t s - m a r ke t / t o c Disclaimer © 2023 IMARC Al l R ights Reserved Th is Pub l i ca t ion and a l l i t ’ s con ten ts un less o therw ise men t i oned a re copy r i gh ted in the name o f I n t e rna t i ona l Marke t Ana lys i s Research and Consu l t ing ( IMARC) . 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