Brain Implants Market Size Report By Product (Deep Brain Stimulator, Vagus Nerve Stimulator), By Application (Chronic Pain, Parkinson's, Epilepsy, Depression, Alzheimer's), And Segment Forecasts, 2018 - 2025

Published: Feb, 2018 | Pages: 80 | Publisher: Grand View Research
Industry: Medical Devices | Report Format: Electronic (PDF)

The global brain implants market size is anticipated to reach USD 8.29 billion by 2025, according to a new report by Grand View Research, Inc., rising at a CAGR of 11.9% during the forecast period. Mounting cases of neurological disorders such as Parkinson's, Alzheimer's, epilepsy, depression, and tremors are contributing to market growth.

Growing incidence of Parkinson's disease is boosting the demand for brain implants. These implants help in improving body movement and reduce the need for drugs. According to statistics presented by Parkinson's News Today, about 10 million people suffer from this disease globally. Cases of epilepsy are also increasing due to brain injuries, stroke, and unhealthy lifestyle. As per statistics by Forbes, nearly 3 million people were affected with epilepsy in U.S. in 2017. Demand for vagus nerve stimulators is on a sharp rise owing to its treatment benefits for epilepsy.

In addition, factors such as technological advancements in brain implants, along with rising disposable income in developed countries, are propelling market growth. The market is expected to witness lucrative growth over the coming years as a consequence of increasing number of research activities leading to technological breakthroughs. These include self-charging implants and memory chips, which are estimated to unfold tremendous growth opportunities over the forecast period.

Further key findings from the study suggest:

• In 2016, the deep brain stimulator segment was identified as the largest, accounting for over 37.0% of the overall market revenue. The product is projected to maintain its position over the forecast period due to rising incidence of Parkinson's disease

• The Parkinson's disease segment is poised to expand at the fastest growth rate in terms of revenue during the same period owing to factors such as drop in smoking rate and coffee consumption, particularly in developed countries

• Demand for brain implants will remain the highest for treatment of chronic pains throughout the forecast period, representing approximately 58.0% of the overall market revenue by 2025

• The Asia Pacific brain implants market is likely to exhibit the highest CAGR of over 13.0% over the same period, owing to rising healthcare spending and disposable income of the populace in countries such as Japan and China

• Boston Scientific; Medtronic; St. Jude Medical; Nevro Corporation; NeuroPace Inc.; and NDI Medical LLC are some of the key players in the brain implants market.

 Table of Contents

Chapter 1 Executive Summary

Chapter 2 Research Methodology
                 2.1 Information Procurement
                 2.2 Data Analysis
                 2.3 Region Wise Market Calculation
                     2.3.1 Region wise market: Base estimates
                     2.3.2 Global market: CAGR calculation
                 2.4 Region Based Segment Share Calculation
                 2.5 List of Secondary Sources (partial list)
                 2.6 Market Snapshot

Chapter 3 Brain Implants Market Variables, Trends, & Scope
                 3.1 Market Segmentation & Scope
                     3.1.1 Market Driver Analysis
                         3.1.1.1 Rise in neurological disorders
                         3.1.1.2 Technological advancement in devices
                     3.1.2 Market Restraint Analysis
                         3.1.2.1 High cost of devices
                         3.1.2.2 Safety concerns
                 3.2 Penetration & Growth Prospect Mapping: Product
                 3.3 Brain Implants Market - SWOT Analysis, By Factor (political & legal, economic, and technological)
                 3.4 Industry Analysis - Porter's

Chapter 4 Brain Implants Market: Product Estimates & Trend Analysis
                 4.1 Brain Implants Market: Product Movement Analysis
                 4.2 Deep Brain Stimulator
                     4.2.1 Deep brain stimulator market, 2014 - 2025 (USD Million)
                 4.3 Spinal Cord Stimuator
                     4.3.1 Spinal cord stimulator market, 2014 - 2025 (USD Million)
                 4.4 Vagus Nerve Stimulator
                     4.4.1 Vagus nerve stimulator market, 2014 - 2025 (USD Million)

Chapter 5 Brain Implants Market: Application Estimates & Trend Analysis
                 5.1 Brain Implants Market: Application Movement Analysis
                 5.2 Chronic Pain
                     5.2.1 Chronic pain market, 2014 - 2025 (USD Million)
                 5.3 Epilepsy
                     5.3.1 Epilepsy market, 2014 - 2025 (USD Million)
                 5.4 Parkinson's Disease
                     5.4.1 Parkinson's disease market, 2014 - 2025 (USD Million)
                 5.5 Depression
                     5.5.1 Depression market, 2014 - 2025 (USD Million)
                 5.6 Essential Tremor
                     5.6.1 Essential tremor market, 2014 - 2025 (USD Million)
                 5.7 Alzheimer's Disease
                     5.7.1 Alzheimer's disease market, 2014 - 2025 (USD Million)

Chapter 6 Brain Implants Market: Regional Estimates & Trend Analysis, by Product and Application
                 6.1 Brain Implants Market Share by Region, 2016 & 2025
                 6.2 North America
                     6.2.1 North America Brain Implants market, 2014 - 2025 (USD Million)
                     6.2.2 U.S.
                         6.2.2.1 U.S. Brain Implants market, 2014 - 2025 (USD Million)
                     6.2.3 Canada
                         6.2.3.1 Canada Brain Implants market, 2014 - 2025 (USD Million)
                 6.3 Europe
                     6.3.1 Europe Brain Implants market, 2014 - 2025 (USD Million)
                     6.3.2 U.K.
                         6.3.2.1 U.K. Brain Implants market, 2014 - 2025 (USD Million)
                     6.3.3 Germany
                         6.3.3.1 Germany Brain Implants market, 2014 - 2025 (USD Million)
                 6.4 Asia Pacific
                     6.4.1 Asia Pacific Brain Implants market, 2014 - 2025 (USD Million)
                     6.4.2 Japan
                         6.4.2.1 Japan Brain Implants market, 2014 - 2025 (USD Million)
                     6.4.3 China
                         6.4.3.1 China Brain Implants market, 2014 - 2025 (USD Million)
                 6.5 Latin America
                     6.5.1 Latin America Brain Implants market, 2014 - 2025 (USD Million)
                     6.5.2 Brazil
                         6.5.2.1 Brazil Brain Implants market, 2014 - 2025 (USD Million)
                     6.5.3 Mexico
                         6.5.3.1 Mexico Brain Implants market, 2014 - 2025 (USD Million)
                 6.6 MEA
                     6.6.1 MEA Brain Implants market market, 2014 - 2025 (USD Million)
                     6.6.2 South Africa
                         6.6.2.1 South Africa Brain Implants market, 2014 - 2025 (USD Million)

Chapter 7 Competitive Landscape
                 7.1 Strategy Framework
                 7.2 Company Profiles
                     7.2.1 Boston Scientific
                         7.2.1.1 Company overview
                         7.2.1.2 Financial performance
                         7.2.1.3 Product benchmarking
                         7.2.1.4 Strategic initiative
                     7.2.2 Medtronic
                         7.2.2.1 Company overview
                         7.2.2.2 Financial performance
                         7.2.2.3 Product benchmarking
                         7.2.2.4 Strategic initiative
                     7.2.3 St. Jude Medical
                         7.2.3.1 Company overview
                         7.2.3.2 Financial performance
                         7.2.3.3 Product benchmarking
                         7.2.3.4 Strategic initiative
                     7.2.4 Nevro Corporation
                         7.2.4.1 Company overview
                         7.2.4.2 Financial performance
                         7.2.4.3 Product benchmarking
                         7.2.4.4 Strategic initiatives
                     7.2.5 NeuroPace Inc.
                         7.2.5.1 Company overview
                         7.2.5.2 Financial performance
                         7.2.5.3 Product benchmarking
                         7.2.5.4 Strategic initiative
                     7.2.6 NDI Medical PLC.
                         7.2.6.1 Company overview
                         7.2.6.2 Financial performance
                         7.2.6.3 Product benchmarking
                         7.2.6.4 Strategic initiative

List of Tables

TABLE 1 North America brain implants market estimates and forecast by product, 2014 - 2025 (USD Million) 
TABLE 2 North America brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 3 U.S. brain implants market estimates and forecast by product, 2014 - 2025 (USD Million) 
TABLE 4 U.S. brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 5 Canada brain implants market estimates and forecast by product, 2014 - 2025 (USD Million) 
TABLE 6 Canada brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 7 Europe brain implants market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 8 Europe brain implants market estimates and forecast by application, 2014 - 2025 (USD Million) 
TABLE 9 U.K. brain implants market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 10 U.K. brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 11 Germany brain implants market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 12 Germany brain implants market estimates and forecast by application, 2014 - 2025 (USD Million) 
TABLE 13 Asia Pacific brain implants market estimates and forecast by product, 2014 - 2025 (USD Million) 
TABLE 14 Asia Pacific brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 15 China brain implants market estimates and forecast by product, 2014 - 2025 (USD Million) 
TABLE 16 China brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 17 Japan brain implants market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 18 Japan brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 19 Latin America brain implants market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 20 Latin America brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 21 Brazil brain implants market estimates and forecast by product, 2014 - 2025 (USD Million) 
TABLE 22 Brazil brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 23 Mexico brain implants market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 24 Mexico brain implants market estimates and forecast by application, 2014 - 2025 (USD Million) 
TABLE 25 Middle East Asia brain implants market estimates and forecast by product, 2014 - 2025 (USD Million)
TABLE 26 Middle East Asia brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)
TABLE 27 South Africa brain implants market estimates and forecast by product, 2014 - 2025 (USD Million) 
TABLE 28 South Africa brain implants market estimates and forecast by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market research process
FIG. 2 Information procurement
FIG. 3 Primary research pattern
FIG. 4 Market research approaches
FIG. 5 Value chain based sizing & forecasting
FIG. 6 QFD modelling for market share assessment
FIG. 7 Market summary (USD Million), 2016
FIG. 8 Market trends & outlook
FIG. 9 Market segmentation & scope
FIG. 10 Market driver relevance analysis (Current & future impact)
FIG. 11 Market restraint relevance analysis (Current & future impact)
FIG. 12 Penetration & growth prospect mapping
FIG. 13 SWOT Analysis, by factor (political & legal, economic and technological)
FIG. 14 Porter's Five Forces Analysis
FIG. 15 Brain implants market, product outlook, key takeaways
FIG. 16 Brain implants market: Product movement analysis
FIG. 17 Deep brain stimulator market, 2014 - 2025 (USD Million)
FIG. 18 Spinal cord stimulator market, 2014 - 2025 (USD Million)
FIG. 19 Vagus nerve stimulator market, 2014 - 2025 (USD Million)
FIG. 20 Brain implants market, application outlook key takeaways
FIG. 21 Brain implants market: application movement analysis
FIG. 22 Chronic pain market, 2014 - 2025 (USD Million)
FIG. 23 Epilepsy market, 2014 - 2025 (USD Million)
FIG. 24 Parkinson's disease market, 2014 - 2025 (USD Million)
FIG. 25 Depression market, 2014 - 2025 (USD Million)
FIG. 26 Alzheimer's disease market, 2014 - 2025 (USD Million)
FIG. 27 Regional market place: Key takeaways
FIG. 28 Regional outlook, 2016 & 2025
FIG. 29 North America brain implants market, 2014 - 2025 (USD Million)
FIG. 30 U.S. brain implants market, 2014 - 2025 (USD Million)
FIG. 31 Canada brain implants market, 2014 - 2025 (USD Million)
FIG. 32 Europe brain implants market, 2014 - 2025 (USD Million)
FIG. 33 U.K. brain implants market, 2014 - 2025 (USD Million)
FIG. 34 Germany brain implants market, 2014 - 2025 (USD Million)
FIG. 35 Asia Pacific brain implants market, 2014 - 2025 (USD Million)
FIG. 36 Japan brain implants market, 2014 - 2025 (USD Million)
FIG. 37 China brain implants market, 2014 - 2025 (USD Million)
FIG. 38 Latin America brain implants market, 2014 - 2025 (USD Million)
FIG. 39 Brazil brain implants market, 2014 - 2025 (USD Million)
FIG. 40 Mexico brain implants market, 2014 - 2025 (USD Million)
FIG. 41 MEA brain implants market, 2014 - 2025 (USD Million)
FIG. 42 South Africa brain implants market, 2014 - 2025 (USD Million)
FIG. 43 Strategy framework