Brain Implants Market

Brain Implants Market - Global Forecast to 2024

Report Code: UC 2004 Aug, 2024, by

Brain implants (also referred as neuroprosthetics or neural implants) are technological devices that attach directly to a biological subjectís brain Ė generally placed on the surface of the brain or attached to the brainís cortex. Growing ageing population and subsequent rise in incidences of neurological disorders such as Parkinsonís, Alzheimerís, epilepsy, depression, and essential tremors, increasing health awareness, and technological innovations are some of the key factors driving the growth of the market. According to the WHO, an estimated 2.4 million people are diagnosed with epilepsy each year worldwide. Moreover, according to European Brain Council, globally, it is estimated that 6.3 million people affected with Parkinsonís disease in 2016. However, the high cost of brain implant devices and procedures may limit the brain implants market up to some extent.

Objectives of the Study

  • To define, describe, segment, and forecast the global brain implants market on the basis of type, application, and region
  • To forecast the size of the brain implants market with respect to five main regions, namely, North America, Europe, Asia Pacific (APAC), Latin America, and the Middle East & Africa
  • To provide detailed information regarding the major factors influencing the growth of the brain implants market (drivers, restraints, opportunities, and industry-specific challenges)
  • To analyze micromarkets1 with respect to individual growth trends, prospects, and contributions to the overall market
  • To analyze the opportunities in the market for stakeholders and provide details of the competitive leadership mapping for market leaders
  • To profile key players in the brain implants market and comprehensively analyze their core competencies2 and market shares
  • To track and analyze competitive developments such as acquisitions; product launches; collaborations, partnerships, & agreements; and expansions in the market

Research Methodology

Top-down and bottom-up approaches will be used to validate the size of the global brain implants market and estimate the size of other dependent submarkets. Various secondary sources such as directories, industry journals, databases such as Bloomberg Business, Factiva, and Dun & Bradstreet; white papers; annual reports; company house documents; and SEC filings of the companies will be used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides will be interviewed to obtain and validate information as well as to assess dynamics of this market.

Prominent players in the healthcare brain implants market are Boston Scientifc, Medtronic, Nevro Corporation, Neuropace Inc., NDI Medical LLC, Aleva Neurotheraputics, Sapiens Neuro, Cochlear Ltd., among others.

Target Audience

  • Brain implants manufacturers
  • Brain implants distributors and sales firms
  • Healthcare Institutions (Hospitals and Outpatient Clinics)
  • Research institutes, organizations, and consulting companies
  • Contract Research Organizations (CROs) and Contract Manufacturing Organizations (CMOs)
  • Business research and consulting firms

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Scope of the Report

The research report categorizes the market into the following segments and subsegments:

Brain implants Market, by Type

  • Deep Brain Stimulation
  • Spinal Cord Stimulation
  • Vagus Nerve Stimulation

Brain implants Market, by Application

  • Chronic Pain
  • Epilepsy
  • Parkinsonís Disease
  • Depression
  • Essential Tremor
  • Alzheimerís Disease

Brain implants Market, by Region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa

Available Customization

With the given market data, MarketsandMarkets offers customizations as per the companyís specific needs. The following customization options would be available for the report:

Geographic Analysis

  • Further breakdown of the Asia Pacific brain implants market into Australi, Indonesia, and South Korea

Company Information

  • Detailed analysis and profiling of additional market players (Up to 5)

Table of Contents

1 Introduction
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.7 Stakeholders

2 Research Methodology
    2.1 Research Approach
           2.1.1 Secondary Sources
           Key Data From Secondary Sources
           2.1.2 Primary Sources
           Key Data From Primary Sources
           Key Industry Insights
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
    2.4 Market Share Estimation
    2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights

5 Market Overview
    5.1 Introduction
    5.2 Market Segmentation
    5.3 Market Dynamics
           5.3.1 Drivers
           5.3.2 Restraints
           5.3.3 Opportunities
           5.3.4 Challenges

6 Industry Insights
    6.1 Industry Trends
    6.2 Product Portfolio Analysis

7 Brain Implantsmarket, By Type
    7.1 Introduction
    7.2 Deep Brain Stimulation 
    7.3 Spinal Cord Stimulation
    7.4 Vagus Nerve Stimulation 

8 Brain Implantsmarket, By Application
    8.1 Introduction
    8.2 Chronic Pain 
    8.3 Epilepsy 
    8.4 Parkinsonís Disease 
    8.5 Depression 
    8.6 Essential Tremor 
    8.7 Alzheimerís Disease

9 Brain Implantsmarket, By Region
    9.1 Introduction
    9.2 North America
           9.2.1 US
           9.2.2 Canada
    9.3 Europe
           9.3.1 Germany
           9.3.2 U.K.
           9.3.3 France
           9.3.4 Italy
           9.3.5 Spain
           9.3.6 Rest of Europe (RoE)
    9.4 Asia-Pacific
           9.4.1 Japan
           9.4.2 China
           9.4.3 India
           9.4.4 Rest of APAC (RoAPAC)
    9.5 Latin America
           9.5.1 Brazil
           9.5.2 Mexico
           9.5.3 Rest of Latin America (RoLA)
    9.6 Middle East & Africa

10 Competitive Landscape
     10.1 Overview
     10.2 Market Share Analysis 
     10.3 Competitive Situation and Trends
             10.3.1 New Service Launches
             10.3.2 Collaborations, Agreements, & Partnerships
             10.3.3 Mergers & Acquisitions
             10.3.4 Expansions

11 Company Profiles
     11.1 Boston Scientific 
     11.2 Medtronic 
     11.3 St. Jude Medical 
     11.4 Nevro Corporation
     11.5 Neuropace Inc 
     11.7 NDI Medical LLC 
     11.7 Aleva Neurotherapeutics 
     11.8 Sapiens Neuro 
     11.9 Edwards Lifesciences Corporation 
     11.10 Terumo Corporation 
     11.11 Cochlear, Ltd. 
     11.12 Abiomed, Inc. 
     11.13 Ekso Bionics

*The List of Companies Mentioned Above is Indicative Only and Might Change During the Course of the Study

12 Appendix

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