(Health-NewsWire.Net, October 14, 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.
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The market is divided into the following segments based on geography:
Americas APAC EMEA
Technavio's 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
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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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