Brain Implants Market

Brain Implants Market - Global Forecast to 2024

Report Code: UC 2004 Nov, 2020, by marketsandmarkets.com

Brain implants (also referred as neuroprosthetics or neural implants) are technological devices that attach directly to a biological subject�s brain � generally placed on the surface of the brain or attached to the brain�s cortex. Growing ageing population and subsequent rise in incidences of neurological disorders such as Parkinson�s, Alzheimer�s, 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 Parkinson�s 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

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
Parkinson�s Disease
Depression
Essential Tremor
Alzheimer�s 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 company�s 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
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Sources
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 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 Parkinson�s Disease
    8.5 Depression
    8.6 Essential Tremor
    8.7 Alzheimer�s 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

Request for detailed methodology, assumptions & how numbers were triangulated.

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