Brain Implants Market Research Report by Emerging Growth Factors, Restraints and Forecast to 2025

Felton, 16 December 2019 - This report provides in depth study of “Brain Implants Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Brain Implants Market report also provides an in-depth survey of top key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization.

Global Brain Implants Market size is expected to reach USD 8.29 billion by 2025 as the scope and its applications are rising enormously across the globe. Brain implants is also termed as neural implants, are mechanical systems that are usually used to invigorate structures and parts of the nervous system with the help of the record the electrical activity of nerve cells or implanted electrical circuitry. These devices are attached to the brain cortex or placed on the surface of the brain. Brain Implants Market size is expected to grow at a CAGR of 11.9%.

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Globally, in 2016, North America accounted for the largest share of brain implants market and led it overall. The reason behind the overall brain implants market growth could be regular product approvals, huge investment in Research and Development activities, and presence of key manufacturers in the region. Instead, Europe and the Asia Pacific are also estimated to have a positive influence on the future growth.

Europe is the second largest region with significant share of brain implant market. However, Asia Pacific is estimated to grow at fastest pace with the highest CAGR of over 13.0% in the foremost period. The aspects that may be ascribed to the growth comprise developing healthcare infrastructure and rising awareness amongst populace regarding brain implants. The developing countries like India and China are the major consumers of Brain Implant Industry in this region.

The key players of Brain Implants Industry are NDI Medical LLC, Boston Scientific, NeuroPace Inc., Medtronic, Nevro Corporation, and St. Jude Medical. These players are concentrating on inorganic growth to sustain themselves amongst fierce competition. As such, mergers, acquisitions, and joint ventures are the need of the hour.

Market Segment:

Brain Implants Product Outlook (Revenue, USD Million, 2014 - 2025)

    • Deep brain stimulator

    • Spinal cord stimulator

    • Vagus nerve stimulator

Brain Implants Application Outlook (Revenue, USD Million, 2014 - 2025)

    • Chronic Pain

    • Epilepsy

    • Parkinson’s disease

    • Depression

    • Essential tremor

    • Alzheimer’s disease

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Major Key Points in Table of Content

1 Market Definition

2 Global Market by Vendors

3 Global Market by Type

4 Global Market by End-Use / Application

5 Global Market by Regions

6 North America Market

7 Europe Market

8 Asia-Pacific Market

9 South America Market

10 Middle East & Africa Market

11 Market Forecast

12 Key Manufacturers

13 Price Overview

14 Research Conclusion

Continued….

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