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Brain Implants Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Medtronic, St. Jude Medical (Abbott), Boston Scientific Corporation, NeuroPace Inc

06 Jun, 2022 | 108 Pages
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Acknowledging the kind of traction gained by this market, Industry data Analytics recently published a study report asserts the global Brain Implants Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 9.4% during the review period (2022 to 2027).



Brain Implants Market Overview



Rapid development of the brain-computer interface technology and the R&D of neuroprosthesis for numerous use cases will foster the market trends through 2027. According to the WHO, nearly 5% of adults suffer from depression worldwide, which could further enhancement the adoption of brain implants for treatment of depression and other cognitive disorders. Furthermore, the increasing burden of epilepsy among Alzheimer’s disease patients is also anticipated to proliferate industry share during the forecast period 2022-2027.



Growing number of research activities leading to technological breakthroughs is anticipated to witness profitable growth opportunities in the market for brain implants. These include self-charging implants and memory chips that are expected to provide the market with growth opportunities over the forecast period.



Industry News:



01 June 2022 : India Medtronic has launched CE marked fourth-generation flow diverter, Pipeline Vantage with Shield Technology for endovascular treatment of brain aneurysms. Pipeline Vantage with Shield Technology is a new flow diverter with enhanced design features for both the delivery system and implant. These features allow physicians to deliver, deploy and treat brain aneurysms and intracranial aneurysms with greater ease and reliability while providing a scaffold that promotes the growth of cells in the inner lining of the target blood vessel.



Who are the Major Players in Brain Implants Market?



The Brain Implants Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Medtronic, St. Jude Medical (Abbott), Boston Scientific Corporation, NeuroPace Inc., Synapse Biomedical Inc., Aleva Neurotherapeutics SA, Nevro Corporation and others.



What are the major Applications, Types and Regions for Brain Implants Market?



Brain Implants Market is segmented based on the Type, applications, companies and regions.



Brain Implants in Healthcare Market by Type




  • Deep Brain Stimulation

  • Spinal Cord Stimulation

  • Vagus Nerve Stimulation



Brain Implants in Healthcare Market by Application




  • Chronic Pain

  • Epilepsy

  • Parkinson’s Disease

  • Depression

  • Essential Tremor

  • Alzheimer’s Disease



Brain Implants Market Regional Analysis



North America holds a main share of the brain implants market. It is anticipated to show a similar trend over the forecast period, without substantial fluctuations. The healthcare facilities in the country are of the highest standards and are accessible to the large population, due to favorable policies making healthcare affordable to the majority of the population in the region. This aspect helps in gaining higher selling rates across the country. The growing prevalence and incidence of various neurological disorders indicates a big potential for the market demand for brain implants.




  • North America


    • US

    • Canada



  • Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Rest of Europe



  • Asia-Pacific

    • China

    • Japan

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific



  • Rest of the World

    • Middle East & Africa

    • Latin America





What is our Brain Implants Market report scope?



 























































Report Attributes



Report Details



Forecast Period 2022 to 2027 CAGR



CAGR of 9.4% during the review period (2022 to 2027).



By  Type




  • Deep Brain Stimulation

  • Spinal Cord Stimulation

  • Vagus Nerve Stimulation



 



By Application




  • Chronic Pain

  • Epilepsy

  • Parkinson’s Disease

  • Depression

  • Essential Tremor

  • Alzheimer’s Disease



By Companies



SGS SA, Toxikon, Inc, American Preclinical Services, Sterigenics International LLC, River Laboratories International Inc, Brain Implants, North America Science Associates Inc, Euro fins Scientific, Pace Analytical Services LLC, Intertek Group Plc



Regions Covered




  • North America

  • Europe

  • Asia-Pacific

  • Rest of the World



Countries Covered




  • US

  • Canada

  • Germany

  • France

  • UK

  • Italy

  • Spain

  • Rest of Europe

  • China

  • Japan

  • India

  • Australia

  • South Korea

  • Rest of Asia-Pacific

  • Middle East & Africa

  • Latin America



Base Year



2022



Historical Year



2017 to 2021



Forecast Year



2022 to 2027



Number of Pages



108



Customization Available



Yes, the report can be customized as per your needs




 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



 



Key Takeaways from this Brain Implants Report




  • Evaluate Brain Implants market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

  • Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.

  • Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.

  • Analyze the sales and distribution channels across geographies to enhance top-line revenues.

  • Market share held by each application segment with respect to the market renumeration and sales estimates over the forecast timeline are stated in the report.

  • Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.

  • Get a quick outlook on the Brain Implants market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

  • Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.

  • It further investigates the specifics that are positively impacting the profit graph of this business sphere.

  • The study also elaborates the critical factors which will augment the commercial terrain of the Brain Implants market.



Frequently Asked Questions



What is the study period of this market?



The Brain Implants Market is studied from 2017 - 2027.



What is the growth rate of Brain Implants Market?



The Brain Implants Market is growing at a CAGR of 9.4% over the next 5 years.



Who are the leading key players in Brain Implants Market?



SGS SA, Toxikon, Inc, American Preclinical Services, Sterigenics International LLC, River Laboratories International Inc, Brain Implants, North America Science Associates Inc, Euro fins Scientific, Pace Analytical Services LLC, Intertek Group Plc



What regions regions does this Brain Implants Market report covers?



North America (the United States, Canada, and Mexico)



Europe (Germany, France, UK, Russia, and Italy)



Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)



South America (Brazil, Argentina, Colombia, etc.)



The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)



What are the significant Types of Brain Implants Market?



Deep Brain Stimulation, Spinal Cord Stimulation, Vagus Nerve Stimulation



What are the significant Application of Brain Implants Market?



Chronic Pain, Epilepsy, Parkinson’s Disease, Depression, Essential Tremor, Alzheimer’s Disease



All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.


  1. INTRODUCTION

    1. MARKET DEFINATION

    2. MARKET DYNAMICS

    3. MARKET SEGMENTATION

    4. REPORT TIMLINES

    5. KEY STAKEHOLDERS



  2. RESEARCH METHODOLOGY

    1. DATA MINING

      1. SECONDARY RESEARCH

      2. PRIMARY RESEARCH

      3. SUBJECT MATTER EXPERT ADVICE



    2. QUALITY CHECK

    3. FINAL REVIEW

      1. DATA TRIANGULATION

      2. BOTTOM-UP APPROACH

      3. TOP-DOWN APPROACH



    4. RESEARCH FLOW



  3. EXECUTIVE SUMMARY

    1. INTRODUCTION

    2. GLOBAL BRAIN IMPLANTS MARKET BY TYPES

    3. GLOBAL BRAIN IMPLANTS MARKET, BY APPLICATION



  4. MARKET DYNAMICS

    1. DRIVERS

      1. INCREASING DEMAND FOR BRAIN IMPLANTS



    2. RESTRAINTS

      1. STRINGENT ENVIRONMENTAL REGUALTIONS

      2. HIGH COST ON MATERIALS



    3. OPPORTUNITIES

      1. BRAIN IMPLANTS GROWTH

      2. APPLICATION OF BRAIN IMPLANTS



    4. IMPACT OF COVID 19



  5. GLOBAL BRAIN IMPLANTS MARKET, BY TYPES

    1. INTRODUCTION

    2. DEEP BRAIN STIMULATION

    3. SPINAL CORD STIMULATION

    4. VAGUS NERVE STIMULATION

    5. OTHERS



  6. GLOBAL BRAIN IMPLANTS MARKET, BY APPLICATION

    1. CHRONIC PAIN

    2. EPILEPSY

    3. PARKINSON’S DISEASE

    4. DEPRESSION

    5. ESSENTIAL TREMOR

    6. ALZHEIMER’S DISEASE



  7. GLOBAL BRAIN IMPLANTS MARKET, BY REGION

    1. NORTH AMERICA

      1. US

      2. CANADA

      3. MEXICO



    2. EUROPE

      1. GERMANY

      2. FRANCE

      3. UK

      4. ITALY

      5. RUSSIA

      6. REST OF EUROPE



    3. APAC

      1. CHINA

      2. SOUTH KOREA

      3. JAPAN

      4. INDIA

      5. AUSTRALIA

      6. ASEAN

      7. REST OF APAC



    4. MIDDLE EAST & AFRICA

      1. SAUDI ARABIA

      2. UAE

      3. SOUTH AFRICA

      4. TURKEY

      5. REST OF MEA



    5. SOUTH AMERICA

      1. BRAZIL

      2. REST OF MEA

      3. ARGENTINA

      4. REST OF SOUTH AMERICA





  8. COMPETITIVE LANDSCAPE

    1. MERGERS, ACQUISITIONS, JOINT VENTURES, COLLABORATIONS,

    2. AND AGREEMENTS

      1. KEY DEVELOPMENT



    3. MARKET SHARE (%) **/RANKING ANALYSIS

    4. STRATEGIES ADOPTED BY LEADING PLAYERS



  9. COMPANY PROFILES

    1. BUSINESS OVERVIEW

    2. COMPANY SNAPSHOT

    3. PRODUCT BENCHMARKING

      1. MEDTRONIC

      2. ST. JUDE MEDICAL (ABBOTT)

      3. BOSTON SCIENTIFIC CORPORATION

      4. NEUROPACE INC.

      5. SYNAPSE BIOMEDICAL INC.

      6. ALEVA NEUROTHERAPEUTICS SA

      7. NEVRO CORPORATION





SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.

PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.

MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.

EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.

REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.

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