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Brain Implants Market Size, Share & Trends Analysis Report By Product (Deep Brain Stimulator, Vagus Nerve Stimulator, Spinal Cord Stimulator), By Application (Chronic Pain, Parkinson’s Disease, Epilepsy), By Region, And Segment Forecasts, 2021 - 2028

January 2021 | 120 pages | ID: B89956CFFBCEN
Grand View Research, Inc.

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Brain Implants Market Growth & Trends

The global brain implants market size is anticipated to reach USD 9.2 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 9.1% from 2021 to 2028. The rise in neurological disorders such as epilepsy, Parkinson’s disease, depression, and tremors as well as growing investments in R&D to develop cost-effective brain implants is attributing to the growth of the market.

Presence of large number of population base suffering from various neurological and physiological disorders and conditions is expected to boost the demand for the implants during the forecast period. For instance, rising prevalence of Parkinson’s disease is boosting the demand for the implants as it helps in improving the movement of the body and reduces the need for drugs. As per the Parkinson’s Foundation 2016 report, over 10 million people globally are living with PD. Thus, with the increasing cases of Parkinson’s disease, the need for the implants is anticipated to grow lucratively.

In addition, technological advancement such as self-charging brain implants and memory chips is anticipated to provide the market with growth opportunities over the forecast period. For instance, in January 2020, Abbott’s Infinity DBS received an extended indication approval from the U.S. FDA for PD treatment.

Brain Implants Market Report Highlights
  • On the basis of product type, the deep brain stimulator segment dominated the market in 2020 and accounted for the largest revenue share of 37.0% owing to rising geriatric population prone to neurological diseases coupled with growing investments in development of the stimulators
  • Based on application, the chronic pain segment dominated the market in 2020 with the share of 58.8% due to increasing prevalence of chronic pain disorders such as migraine, leg pain, and disk surgery pain. According to Migraine Research Foundation 2020, Migraine is the 3rd most prevalent neurological illness across the world, affecting 1.0 billion worldwide
  • North America dominated the market with the highest revenue share of 42.9% in 2020. This is due high prevalence of psychological disorders, availability of highly skilled physicians, and rise in awareness about treatments in this continent
  • Asia Pacific is expected to significantly lead the market in the future from 2021 to 2028 owing to increasing affordability and rising number of awareness programs about benefits of the implant
CHAPTER 1 METHODOLOGY AND SCOPE

1.1 Market Segmentation and Scope
  1.1.1 Product
  1.1.2 Application
  1.1.3 Regional Scope
  1.1.4 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information Procurement
  1.3.1 Purchased Database:
  1.3.2 Gvr’s Internal Database
  1.3.3 Secondary Sources
  1.3.4 Primary Research
  1.3.5 Details Of Primary Research
1.4 Information Or Data Analysis
  1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
  1.6.1 Commodity Flow Analysis (Model 1)
    1.6.1.1 Approach 1: Commodity Flow Approach
  1.6.2 VOLUME PRICE ANALYSIS (MODEL 2)
    1.6.2.1 Approach 2: Volume price analysis
1.7 List of Secondary Sources
1.8 List of Primary Sources
1.9 List of Abbreviations
1.10 Objectives
  1.10.1 Objective
  1.10.2 Objective
  1.10.3 Objective
  1.10.4 Objective

CHAPTER 2 EXECUTIVE SUMMARY

2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights

CHAPTER 3 BRAIN IMPLANTS MARKET VARIABLES, TRENDS & SCOPE

3.1 Market Lineage Outlook
  3.1.1 Parent Market Outlook
  3.1.2 Ancillary Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 List Of Key Applicationrs
3.4 Market Dynamics
  3.4.1 Market Driver Analysis
    3.4.1.1 Increase In The Prevalence Of Neurological Disorders
    3.4.1.2 Technological Advancement In Devices
    3.4.1.3 Growing Demand For Minimally Invasive Neurosurgical Procedures
  3.4.2 Market Restraints Analysis
    3.4.2.1 High Cost Of Devices
    3.4.2.2 Safety Concerns
3.5 Brain Implants: Market Analysis Tools
  3.5.1 Industry Analysis - Porter’s
  3.5.2 Pestle Analysis
  3.5.3 Major Deals And Strategic Alliances
    3.5.3.1 New Product Launch
    3.5.3.2 Acquisition
    3.5.3.3 Partnerships
  3.5.4 Market Entry Strategies

CHAPTER 4 BRAIN IMPLANTS MARKET: SEGMENT ANALYSIS, BY PRODUCT, 2016 - 2028 (USD MILLION)

4.1 Definition and Scope
4.2 Product Market Share Analysis, 2020 & 2028
4.3 Segment Dashboard
4.4 Global Brain Implants Market, By Product, 2016 to 2028
4.5 Market Size & Forecasts and Trend Analyses, 2016 to 2028
  4.5.1 Deep Brain Stimulators
    4.5.1.1 Deep Brain Stimulators Market, 2016 To 2028 (Usd Million)
  4.5.2 Spinal Cord Stimulators
    4.5.2.1 Spinal Cord Stimulators Market, 2016-2028 (Usd Million)
  4.5.3 Vagus Nerve Stimulators
    4.5.3.1 Vagus Nerve Stimulators Market, 2016-2028 (Usd Million)

CHAPTER 5 BRAIN IMPLANTS MARKET: SEGMENT ANALYSIS, BY APPLICATION, 2016 - 2028 (USD MILLION)

5.1 Definition and Scope
5.2 Application Market Share Analysis, 2020 & 2028
5.3 Segment Dashboard
5.4 Global Brain Implants Market, By Application, 2016 to 2028
5.5 Market Size & Forecasts and Trend Analyses, 2016 to 2028
  5.5.1 Chronic Pain
    5.5.1.1 Chronic Pain Market, 2016-2028 (Usd Million)
  5.5.2 Epilepsy
    5.5.2.1 Epilepsy Market, 2016-2028 (Usd Million)
  5.5.3 Parkinson’s Disease
    5.5.3.1 Parkinson’s Disease Market, 2016-2028 (Usd Million)
  5.5.4 Depression
    5.5.4.1 Depression Market, 2016-2028 (Usd Million)
  5.5.5 Essential Tremor
    5.5.5.1 Essential Tremor Market, 2016-2028 (Usd Million)
  5.5.6 Alzheimer’s Disease
    5.5.6.1 Alzheimer’s Disease Market, 2016-2028 (USD Million)

CHAPTER 6 BRAIN IMPLANTS MARKET: REGIONAL MARKET ANALYSIS, BY PRODUCT, APPLICATION, 2016 - 2028 (USD MILLION)

6.1 Definition & Scope
6.2 Regional Market Share Analysis, 2020 & 2028
6.3 Regional Market Dashboard
6.4 Regional Market Snapshot
6.5 Market Size, & Forecasts, and Trend Analysis, 2020 & 2028
6.6 North America
  6.6.1 North America market estimates and forecast, by country, 2016-2028 (USD Million)
  6.6.2 North America brain implants market, by product, 2016 - 2028 (USD Million)
  6.6.3 North America brain implants market, by application, 2016 - 2028 (USD Million)
  6.6.4 U.S.
    6.6.4.1 U.S. Brain Implants Market, 2016 - 2028 (USD Million)
  6.6.5 Canada
    6.6.5.1 Canada Brain Implants Market, 2016 - 2028 (USD Million)
6.7 Europe
  6.7.1 EUROPE brain implants market, by country, 2016 - 2028 (USD Million)
  6.7.2 EUROPE brain implants market, by product, 2016 - 2028 (USD Million)
  6.7.3 EUROPE brain implants market, by application, 2016 - 2028 (USD Million)
  6.7.4 U.K.
    6.7.4.1 U.K. Brain Implants Market, 2016 - 2028 (USD Million)
  6.7.5 Germany
    6.7.5.1 Germany Brain Implants Market, 2016 - 2028 (USD Million)
  6.7.6 France
    6.7.6.1 France Brain Implants Market, 2016 - 2028 (USD Million)
  6.7.7 Italy
    6.7.7.1 Italy Brain Implants Market, 2016 - 2028 (USD Million)
  6.7.8 Spain
    6.7.8.1 Spain Brain Implants Market, 2016 - 2028 (USD Million)
6.8 Asia Pacific
  6.8.1 Asia Pacific brain implants market, by country, 2016 - 2028 (USD Million)
  6.8.2 Asia Pacific brain implants market, by product, 2016 - 2028 (USD Million)
  6.8.3 Asia Pacific brain implants market, by application, 2016 - 2028 (USD Million)
  6.8.4 Japan
    6.8.4.1 Japan Brain Implants Market, 2016 - 2028 (USD Million)
  6.8.5 China
    6.8.5.1 China Brain Implants Market, 2016 - 2028 (USD Million)
  6.8.6 India
    6.8.6.1 India Brain Implants Market, 2016 - 2028 (USD Million)
  6.8.7 South Korea
    6.8.7.1 South Korea Brain Implants Market, 2016 - 2028 (USD Million)
  6.8.8 Australia
    6.8.8.1 Australia Brain Implants Market, 2016 - 2028 (USD Million)
6.9 Latin America
  6.9.1 Latin America brain implants market, by country, 2016 - 2028 (USD Million)
  6.9.2 Latin America brain implants market, by product, 2016 - 2028 (USD Million)
  6.9.3 Latin America brain implants market, by application, 2016 - 2028 (USD Million)
  6.9.4 Brazil
    6.9.4.1 Brazil Brain Implants Market, 2016 - 2028 (USD Million)
  6.9.5 Mexico
    6.9.5.1 Mexico Brain Implants Market, 2016 - 2028 (USD Million)
  6.9.6 Argentina
    6.9.6.1 Argentina Brain Implants Market, 2016 - 2028 (USD Million)
  6.9.7 Colombia
    6.9.7.1 Colombia Brain Implants Market, 2016 - 2028 (USD Million)
6.10 MEA
  6.10.1 MEA brain implants market, by country, 2016 - 2028 (USD Million)
  6.10.2 MEA brain implants market, by product, 2016 - 2028 (USD Million)
  6.10.3 MEA brain implants market, by application, 2016 - 2028 (USD Million)
  6.10.4 South Africa
    6.10.4.1 South Africa Brain Implants Market, 2016 - 2028 (USD Million)
  6.10.5 Saudi Arabia
    6.10.5.1 Saudi Arabia Brain Implants Market, 2016 - 2028 (USD Million)
  6.10.6 UAE
    6.10.6.1 UAE Brain Implants Market, 2016 - 2028 (USD Million)

CHAPTER 7 BRAIN IMPLANTS MARKET - COMPETITIVE ANALYSIS

7.1 Recent Developments & Impact Analysis, by Key Market Participants
  7.1.1 Ansoff Matrix
7.2 Private Companies
  7.2.1 Regional Network Map
  7.2.2 Company Market Position Analysis
7.3 Company Profiles
  7.3.1 BOSTON SCIENTIFIC CORPORATION
    7.3.1.1 Company overview
    7.3.1.2 Financial performance
    7.3.1.3 Product benchmarking
    7.3.1.4 Strategic initiatives
  7.3.2 ABBOTT (ST. JUDE MEDICAL INC)
    7.3.2.1 Company overview
    7.3.2.2 Financial performance
    7.3.2.3 Product benchmarking
    7.3.2.4 Strategic initiatives
  7.3.3 MEDTRONIC
    7.3.3.1 Company overview
    7.3.3.2 Financial performance
    7.3.3.3 Product benchmarking
    7.3.3.4 Strategic initiatives
  7.3.4 NEVRO CORP.
    7.3.4.1 Company overview
    7.3.4.2 Financial performance
    7.3.4.3 Product benchmarking
    7.3.4.4 Strategic intiatives
  7.3.5 NEUROPACE INC.
    7.3.5.1 Company overview
    7.3.5.2 Financial performance
    7.3.5.3 Product benchmarking
    7.3.5.4 Strategic intiatives
  7.3.6 SYNAPSE BIOMEDICAL INC.
    7.3.6.1 Company overview
    7.3.6.2 Financial performance
    7.3.6.3 Product benchmarking
    7.3.6.4 Strategic intiatives
  7.3.7 ALEVA NEUROTHERAPEUTICS SA.
    7.3.7.1 Company overview
    7.3.7.2 Financial performance
    7.3.7.3 Product benchmarking
    7.3.7.4 Strategic intiatives
LIST OF TABLES

Table 1. List of abbreviation
Table 2. North America brain implants market, by country, 2016 - 2028 (USD Million)
Table 3. North America brain implants market, by product, 2016 - 2028 (USD Million)
Table 4. North America brain implants market, by application, 2016 - 2028 (USD Million)
Table 5. U.S. brain implants market, by product, 2016 - 2028 (USD Million)
Table 6. U.S. brain implants market, by application, 2016 - 2028 (USD Million)
Table 7. Canada brain implants market, by product, 2016 - 2028 (USD Million)
Table 8. Canada brain implants market, by application, 2016 - 2028 (USD Million)
Table 9. Europe brain implants market, by country, 2016 - 2028 (USD Million)
Table 10. Europe brain implants market, by product, 2016 - 2028 (USD Million)
Table 11. Europe brain implants market, by application, 2016 - 2028 (USD Million)
Table 12. U.K. brain implants market, by product, 2016 - 2028 (USD Million)
Table 13. U.K. brain implants market, by application, 2016 - 2028 (USD Million)
Table 14. Germany brain implants market, by product, 2016 - 2028 (USD Million)
Table 15. Germany brain implants market, by application, 2016 - 2028 (USD Million)
Table 16. France brain implants market, by product, 2016 - 2028 (USD Million)
Table 17. France brain implants market, by application, 2016 - 2028 (USD Million)
Table 18. Italy brain implants market, by product, 2016 - 2028 (USD Million)
Table 19. Italy brain implants market, by application, 2016 - 2028 (USD Million)
Table 20. Spain brain implants market, by product, 2016 - 2028 (USD Million)
Table 21. Spain brain implants market, by application, 2016 - 2028 (USD Million)
Table 22. Asia Pacific brain implants market, by country, 2016 - 2028 (USD Million)
Table 23. Asia Pacific brain implants market, by product, 2016 - 2028 (USD Million)
Table 24. Asia Pacific brain implants market, by application, 2016 - 2028 (USD Million)
Table 25. China brain implants market, by product, 2016 - 2028 (USD Million)
Table 26. China brain implants market, by application, 2016 - 2028 (USD Million)
Table 27. India brain implants market, by product, 2016 - 2028 (USD Million)
Table 28. India brain implants market, by application, 2016 - 2028 (USD Million)
Table 29. South Korea brain implants market, by product, 2016 - 2028 (USD Million)
Table 30. South Korea brain implants market, by application, 2016 - 2028 (USD Million)
Table 31. Australia brain implants market, by product, 2016 - 2028 (USD Million)
Table 32. Australia brain implants market, by application, 2016 - 2028 (USD Million)
Table 33. Japan brain implants market, by product, 2016 - 2028 (USD Million)
Table 34. Japan brain implants market, by application, 2016 - 2028 (USD Million)
Table 35. Latin America brain implants market, by country, 2016 - 2028 (USD Million)
Table 36. Latin America brain implants market, by product, 2016 - 2028 (USD Million)
Table 37. Latin America brain implants market, by application, 2016 - 2028 (USD Million)
Table 38. Brazil brain implants market, by product, 2016 - 2028 (USD Million)
Table 39. Brazil brain implants market, by application, 2016 - 2028 (USD Million)
Table 40. Mexico brain implants market, by product, 2016 - 2028 (USD Million)
Table 41. Mexico brain implants market, by application, 2016 - 2028 (USD Million)
Table 42. Argentina brain implants market, by product, 2016 - 2028 (USD Million)
Table 43. Argentina brain implants market, by application, 2016 - 2028 (USD Million)
Table 44. Colombia brain implants market, by product, 2016 - 2028 (USD Million)
Table 45. Colombia brain implants market, by application, 2016 - 2028 (USD Million)
Table 46. Middle East & Africa brain implants market, by country, 2016 - 2028 (USD Million)
Table 47. Middle East & Africa brain implants market, by product, 2016 - 2028 (USD Million)
Table 48. Middle East & Africa brain implants market, by application, 2016 - 2028 (USD Million)
Table 49. South Africa brain implants market, by product, 2016 - 2028 (USD Million)
Table 50. South Africa brain implants market, by application, 2016 - 2028 (USD Million)
Table 51. Saudi Arabia brain implants market, by product, 2016 - 2028 (USD Million)
Table 52. Saudi Arabia brain implants market, by application, 2016 - 2028 (USD Million)
Table 53. UAE brain implants market, by product, 2016 - 2028 (USD Million)
Table 54. UAE brain implants market, by application, 2016 - 2028 (USD Million)
Table 55. List of key emerging companies’/product disruptors/innovator
LIST OF FIGURES

Fig 1. Brain Implants market research segmentation
Fig 2. Market research process
Fig 3. Primary research patterns
Fig 4. Market research approaches
Fig 5. Value-chain-based sizing & forecasting
Fig 6. QFD modeling for market share assessment
Fig 7. Market formulation & validation
Fig 8. Market outlook (2020)
Fig 9. Segment Outlook
Fig 10. Strategy framework
Fig 11. Penetration & growth prospect mapping
Fig 12. Consumer behavior analysis
Fig 13. Market driver relevance analysis (Current & future impact)
Fig 14. Market restraint relevance analysis (Current & future impact)
Fig 15. Porter’s five force analysis
Fig 16. SWOT analysis, by factor (political & legal, economic, and technological)
Fig 17. Brain implants market share, by Product, 2020 & 2028 (%)
Fig 18. Brain implants market: Segment dashboard
Fig 19. Brain implants market: Product outlook and key takeaways
Fig 20. Spinal cord stimulators market, 2016 - 2028 (USD Million)
Fig 21. Deep brain stimulators market, 2016 - 2028 (USD Million)
Fig 22. Vagus nerve stimulators market, 2016 - 2028 (USD Million)
Fig 23. Brain implants market by application, 2020 & 2028 (%)
Fig 24. Brain implants market: Segment dashboard
Fig 25. Brain implants market: Application outlook and key takeaways
Fig 26. Chronic pain market, 2016 - 2028 (USD Million)
Fig 27. Epilepsy market, 2016 - 2028 (USD Million)
Fig 28. Parkinson’s disease market, 2016 - 2028 (USD Million)
Fig 29. Depression market, 2016 - 2028 (USD Million)
Fig 30. Essential tremor market, 2016 - 2028 (USD Million)
Fig 31. Alzheimer’s disease market, 2016 - 2028 (USD Million)
Fig 32. Brain implants market share, by region, 2020 & 2028 (%)
Fig 33. Brain implants market: Regional outlook and key takeaways
Fig 34. Brain implants market regional movement analysis
Fig 35. North America brain implants market SWOT analysis
Fig 36. Europe brain implants market SWOT analysis
Fig 37. Asia Pacific brain implants market SWOT analysis
Fig 38. Latin America brain implants market SWOT analysis
Fig 39. Middle East & Africa brain implants market SWOT analysis
Fig 40. North America brain implants market, 2016 - 2028 (USD Million)
Fig 41. U.S. brain implants market, by product, 2016 - 2028 (USD Million)
Fig 42. U.S. brain implants market, by application, 2016 - 2028 (USD Million)
Fig 43. Canada brain implants market, by product, 2016 - 2028 (USD Million)
Fig 44. Canada brain implants market, by application, 2016 - 2028 (USD Million)
Fig 45. Europe brain implants market, 2016 - 2028 (USD Million)
Fig 46. Germany brain implants market, by product, 2016 - 2028 (USD Million)
Fig 47. Germany brain implants market, by application, 2016 - 2028 (USD Million)
Fig 48. U.K. brain implants market, by product, 2016 - 2028 (USD Million)
Fig 49. U.K. brain implants market, by application, 2016 - 2028 (USD Million)
Fig 50. France brain implants market, by product, 2016 - 2028 (USD Million)
Fig 51. France brain implants market, by application, 2016 - 2028 (USD Million)
Fig 52. Italy brain implants market, by product, 2016 - 2028 (USD Million)
Fig 53. Italy brain implants market, by application, 2016 - 2028 (USD Million)
Fig 54. Spain brain implants market, by product, 2016 - 2028 (USD Million)
Fig 55. Spain brain implants market, by application, 2016 - 2028 (USD Million)
Fig 56. Asia Pacific brain implants market, 2016 - 2028 (USD Million)
Fig 57. China brain implants market, by product, 2016 - 2028 (USD Million)
Fig 58. China brain implants market, by application, 2016 - 2028 (USD Million)
Fig 59. Japan brain implants market, by product, 2016 - 2028 (USD Million)
Fig 60. Japan brain implants market, by application, 2016 - 2028 (USD Million)
Fig 61. India brain implants market, by product, 2016 - 2028 (USD Million)
Fig 62. India brain implants market, by application, 2016 - 2028 (USD Million)
Fig 63. Australia brain implants market, by product, 2016 - 2028 (USD Million)
Fig 64. Australia brain implants market, by application, 2016 - 2028 (USD Million)
Fig 65. South Korea brain implants market, by product, 2016 - 2028 (USD Million)
Fig 66. South Korea brain implants market, by application, 2016 - 2028 (USD Million)
Fig 67. Latin America brain implants market, 2016 - 2028 (USD Million)
Fig 68. Brazil brain implants market, by product, 2016 - 2028 (USD Million)
Fig 69. Brazil brain implants market, by application, 2016 - 2028 (USD Million)
Fig 70. Mexico brain implants market, by product, 2016 - 2028 (USD Million)
Fig 71. Mexico brain implants market, by application, 2016 - 2028 (USD Million)
Fig 72. Argentina brain implants market, by product, 2016 - 2028 (USD Million)
Fig 73. Argentina brain implants market, by application, 2016 - 2028 (USD Million)
Fig 74. Colombia brain implants market, by product, 2016 - 2028 (USD Million)
Fig 75. Colombia brain implants market, by application, 2016 - 2028 (USD Million)
Fig 76. Middle East & Africa brain implants market, 2016 - 2028 (USD Million)
Fig 77. South Africa brain implants market, by product, 2016 - 2028 (USD Million)
Fig 78. South Africa brain implants market, by application, 2016 - 2028 (USD Million)
Fig 79. Saudi Arabia brain implants market, by product, 2016 - 2028 (USD Million)
Fig 80. Saudi Arabia brain implants market, by application, 2016 - 2028 (USD Million)
Fig 81. UAE brain implants market, by product, 2016 - 2028 (USD Million)
Fig 82. UAE brain implants market, by application, 2016 - 2028 (USD Million)
Fig 83. Recent developments & impact analysis, by key market participants
Fig 84. Key company market share analysis, 2020
Fig 85. Company market position analysis
Fig 86. Competitive dashboard analysis


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