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The global Deep Brain Stimulation (DBS) Systems Market was valued at USD 1227.5 million in 2019 and is expected to reach USD 2,122.8 million by 2027, at a CAGR of 8.1% according to a new report by Emergen Research. In general, geriatric population suffers from unconscious movements of the body leading to Parkinsonu2019s disease, multiple sclerosis and dystonia.
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Deep Brain Stimulation Systems Market Size Worth USD 2,122.8 Million By 2027 www.emergenresearch.com Technological advancements in Deep Brain Stimulation (DBS) Systems, significant prevalence of Parkinson’s disease, dystonia and epilepsy, together with rising demand for painless and wireless rechargeable systems are expected to fuel the market growth. . 2
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Market Summary The global Deep Brain Stimulation (DBS) Systems Market was valued at USD 1227.5 million in 2019 and is expected to reach USD 2,122.8 million by 2027, at a CAGR of 8.1% according to a new report by Emergen Research. In general, geriatric population suffers from unconscious movements of the body leading to Parkinson’s disease, multiple sclerosis and dystonia. In the United States, more than 60,000 people are diagnosed with Parkinson’s disease each year, with approximately 10 million people presently living with Parkinson’s disease globally. High prevalence of such diseases among elderly coupled with rising geriatric population are fuelling up the demand for the deep brain stimulation systems worldwide. In addition, increasing incidences associated with depression, essential tremor and obsessive compulsive disorder (OCD) are further multiplying the demand of deep brain stimulation systems in the industry. Minimally invasive surgical techniques play a substantial role in treating neurological symptoms like tremors, movement control and rigidity among other symptoms leading to Parkinson’s disease and dystonia. Read More : https://www.emergenresearch.com/industry-report/deep-brain-stimulation-system-market www.emergenresearch.com
Market Summary Some Key Findings From the Report: Dual channel deep brain stimulation systems product segment accounted for the largest market share of around 57.8%, owing to use of advanced technology and safety features like painless management and wireless recharge to reduce tremors associated with Parkinson’s disease Due to increase in occurrence unconscious body movements especially in the geriatric population across the globe, Parkinson’s disease application segment of the deep brain stimulation systems dominated the market with market share of approximately 39.7% Approximately, 930,000 people in total are expected to be suffering from the Parkinson’s disease in the United States by the end of 2020. Thus, the demand for deep brain stimulation systems is set to increase significantly in the coming years with advanced features to minimise the tremors accompanying the disease Abbott received expanded indication from the U.S FDA, in January 2020, for directional deep brain stimulation system to treat Parkinson’s disease. With this approval the associated product will treat effectively not just Parkinson’s disease but also essential tremor Request Free Sample : https://www.emergenresearch.com/request-sample/45 www.emergenresearch.com
Market Summary Product Outlook (Revenue in Million USD; 2017–2027) Dual Channel Single Channel Application Outlook (Revenue in Million USD; 2017–2027) Fluid Replacement Parkinson’s Disease Pain Management Obsessive-Compulsive Disorder (OCD) Dystonia Other End Use Outlook (Revenue in Million USD; 2017–2027) Hospitals Ambulatory Care Centre Neurology Centers Others Request customization of the report @ https://www.emergenresearch.com/request-for-customization/34
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