Deep Brain Stimulator Market
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong>: Expected To Observer<br />
Major Growth By 2026<br />
December 2016<br />
Report Id : REP-GB-1338<br />
Status : Ongoing<br />
Category : Healthcare, Pharmaceuticals & Medical Devices<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong><br />
<strong>Deep</strong> <strong>Brain</strong> Stimulation (DMS) is a neosurgical procedure which helps to treat a variety of disabling<br />
neurological symptoms. It involves the implantation of a battery-operated medical device called<br />
neurostimulator which sends electrical signals to specific parts of brain that control movement and<br />
affective disorders like pain, mood, weight and awakening. This procedure also helps in treating essential<br />
tremor, a common neurological movement disorder. DMS system consists of three components: a thin,<br />
insulated wire, called a lead or electrode that is placed into the brain, the neurostimulator which puts out<br />
the electric current and is generally placed under the skin near the collarbone and another thin, insulated<br />
wire, called an extension which connects the lead to the neurostimulator. The neurostimulator device is<br />
also referred to as ‘brain pacemaker’. FDA approved DMS as a treatment for essential tremor in 1997, for<br />
Parkinson’s disease in 2002. Before this procedure, a neurosurgeon uses either MRI or CT scanning to<br />
detect the exact target area within the brain where the electric signals will generate the Parkinson’s<br />
disease symptoms.<br />
<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong>: Drivers and Restraints<br />
Increasing incidence of Parkinson’s disease is the main driving force for the fast growth of deep brain<br />
stimulation device market. <strong>Deep</strong> brain stimulation does not involve destruction of any part of the brain<br />
and thus, has fewer complications than thalamotomy and pallidotomy.Moreover this electrical injection<br />
is adjustable and can be changed as the person’s disease change or his or her response to medication<br />
change. No further surgery is needed to make the adjustments. All these has led to the growth of deep<br />
brain stimulation device market. However, with any surgical procedure there involves risk. The<br />
implantation of any foreign object in the body leads to increased risk of infection. If the battery fails then<br />
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong><br />
the device would stop working properly (the battery normally lasts 3 to 5 years).DMS placement may<br />
even lead to allergic reaction to the DMS parts. These may obstruct the deep brain stimulation device<br />
market to grow.<br />
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong>: Segmentation<br />
<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong>is segmented based on product type, application, end user and geography.<br />
Based on product type, deep brain stimulatormarket is segmented into the following:<br />
Single Channel <strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong><br />
Dual Channel <strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong><br />
Based on application, deep brain stimulatormarket is segmented into the following:<br />
Parkinson’s disease<br />
Essential Tremor<br />
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong><br />
Chronic Pain<br />
Dystonia<br />
Tourette syndrome<br />
Based on end user, deep brain stimulatormarket is segmented into the following:<br />
Hospitals<br />
Ambulatory Surgical centers<br />
Neurological clinics<br />
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong>: Overview<br />
Globally deep brain stimulation devices market are the main causes of mortality. Parkinson’s disease is<br />
the most common neurological movement disorder after Alzheimer’s. <strong>Deep</strong> brain stimulation devices<br />
market is expected to grow at a healthy rate during the forecasted period 2013-2019. Rise in the<br />
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong><br />
number of neurological movement diseases like Parkinson’s disease, essential tremor, Alzheimer’s<br />
disease has led to the huge growth of deep brain stimulation devices market. Parkinson’s disease includes<br />
symptoms like tremors, stiffness, rigidity and walking problems.<br />
<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong>: Region-wise Outlook<br />
Region wise, the global deep brain stimulator marketis classified into regions namely, North America,<br />
Latin America, Western Europe, Eastern Europe, Asia-Pacific, Japan, Middle East and Africa. North<br />
America region has a sizeable market share in the global deep brain stimulation market. Countries like US,<br />
Canada, Europe, Germany, UK, France and Spain has led North American and European market of deep<br />
brain stimulation device to grow at a faster rate. Increasing awareness regarding the application of deep<br />
brain stimulation device contributes its larger share in this region. However, emerging economies like<br />
India and China with their growing disposable income and advanced technological awareness enabling<br />
them to enter into this market and contribute towards its growth.<br />
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong>: Key Players<br />
Key players pertaining to <strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> market includes Medtronic Inc., St. Jude Medical,<br />
Boston scientific. These companies hold huge amount of share in global deep brain stimulation devices<br />
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<strong>Deep</strong> <strong>Brain</strong> <strong>Stimulator</strong> <strong>Market</strong><br />
market. Functional Neuromodulation, a startup backed by Medtronic and the National Institutes of<br />
Health, will advance its deep brain stimulation implant into a Phase III trial to treat Alzheimer’s disease<br />
patients. St. Jude Medical has received a CE mark for its latest neuromodulation technology-the Infinity<br />
<strong>Deep</strong> <strong>Brain</strong> Stimulation System to treat movement disorders. Key players across all locations use deep<br />
brain stimulation device market to treat Parkinson’s disease, essential tremor thus, leading to the<br />
growth of this particular market.<br />
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