Brain Implants Market 2028 By Treatment, Application, and By End User | The Insight Partners

MARKET INTRODUCTION

Brain implants are neural implants that are used to stimulate the parts & structures of the nervous system. These implants are technical systems that communicate with the nervous system and help to enhance senses, physical movement, and memory after a stroke or other head injuries. Deep brain stimulation and spinal cord stimulation are used to treat depression, obsessive-compulsive disorder and epilepsy, among other neural disorders.

MARKET SCOPE

The "Brain Implants Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of Brain Implants market with detailed market segmentation by treatment, application, end user and geography. The brain implants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in brain implants market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  Based on the treatment brain implants market is segmented as deep brain stimulation (DBS), spinal cord stimulation (SCS) and vagus nerve stimulator (VNS).

  Based on application, the market is segmented as, Parkinson's disease, Alzheimer's disease, epilepsy, essential tremor, depression, dystonia and others.

  Based on the end user the market is segmented as hospitals, specialized clinics and neurological centers.

MARKET DYNAMICS

Drivers

•   Growing geriatric population and increase in number of neurological disorders across the globe.
  
•   Rising healthcare awareness and increasing technological advancements
  

Restraints

•   High cost of implants
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Brain Implants market based on various segments. It also provides market size and forecast estimates from year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Brain Implants market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting Brain Implants market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Brain Implants market in these regions.

IMPACT OF COVID-19 ON BRAIN IMPLANTS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. The brain implants market registered a growth in COVID-19 pandemic times as more physician worked on investigating the brain activity using computer chips of the virus affected people.

MARKET PLAYERS

The report covers key developments in the Brain Implants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Brain Implants market are anticipated to have lucrative growth opportunities in the future with the rising demand for Brain Implants in the global market. Below mentioned is the list of few companies engaged in the Brain Implants market.

The report also includes the profiles of key players in Brain Implants market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

•   NeuroPace, Inc.
  
•   Medtronic
  
•   Boston Scientific Corporation
  
•   Nevro Corp.
  
•   ALEVA NEUROTHERAPEUTICS SA
  
•   NEUROCONTROL
  
•   TERUMO CORPORATION
  
•   ABIOMED
  
•   Edwards Lifesciences Corporation
  
•   Cochlear Ltd.
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.