(MoneyNewsWire.Net, May 05, 2016 ) A neurostimulation system, also known as a neurostimulator, provides therapeutic activation or modulation in the nervous system at targeted anatomical sites. Deep brain stimulation (DBS) system, a type of neurostimulator, generates electrical stimulation to the targeted areas of the brain and regulates the electrical signals that are generated by the diseased brain cells and neurons.
Technavios analysts forecast the global DBS market to grow at a CAGR of 10.59% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global DBS market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of various types of DBS systems.
The market is divided into the following segments based on geography: Americas APAC EMEA
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New report, Global Deep Brain Stimulation Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors Boston Scientific Corp. Medtronic plc St. Jude Medical Inc.
Other prominent vendors Adaptive Neuromodulation Aleva Neurotherapeutics Beijing Pins Medical NeuroPace NeuroSigma
Market driver Increased number of market approvals For a full, detailed list, view our report
Market challenge High cost of DBS therapy For a full, detailed list, view our report
Market trend Hybrid neuroprosthetic devices For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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Table Of Content
PART 01: Executive summary Highlights PART 02: Scope of the report Market overview Top-vendor offerings PART 03: Market research methodology Research methodology Economic indicators PART 04: Introduction Key market highlights Approved indications for DBS therapy History of DBS PART 05: Potential applications of DBS PART 06: Cost of DBS system components and implantation PART 07: Market landscape Market overview Market size and forecast Five forces analysis PART 08: Market segmentation by application PD Dystonia OCD Epilepsy PART 09: Geographical segmentation DBS market in Americas DBS market in EMEA DBS market in APAC PART 10: Market drivers Increase in prevalence of neurological disorders Availability of funds and grants for R&D Increased number of market approvals PART 11: Impact of drivers PART 12: Market challenges High cost of DBS therapy Complications related to DBS High maintenance and low battery lifetime PART 13: Impact of drivers and challenges PART 14: Market trends Hybrid neuroprosthetic devices Next-generation therapies for nervous system disorders Emergence of clinician programmer PART 15: Vendor landscape Competitive scenario Market share analysis PART 16: Key vendor analysis Boston Scientific Medtronic St. Jude Medical Other prominent vendors
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