Global Deep Brain Stimulation in Parkinson’s Disease Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product Type;
Single Channel Deep Brain Stimulator and Dual Channel Deep Brain Stimulator.By End-Use;
Hospitals, Neurology Clinics, Ambulatory Surgical Centers and Research Centers.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Deep Brain Stimulation in Parkinsons Disease Market (USD Million), 2021 - 2031
In the year 2024, the Global Deep Brain Stimulation in Parkinsons Disease Market was valued at USD 1,025.13 million. The size of this market is expected to increase to USD 1,814.63 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.5%.
The Global Deep Brain Stimulation (DBS) in Parkinson's Disease Market has seen significant advancements and growth as a therapeutic option for managing Parkinson’s disease symptoms. Deep Brain Stimulation is a neurosurgical procedure that involves implanting a device to deliver electrical impulses to specific brain regions. This method is particularly beneficial for patients with Parkinson’s disease who experience motor symptoms that are not well-controlled with medication alone. DBS aims to reduce tremors, rigidity, and bradykinesia (slowness of movement), thereby improving the overall quality of life for patients.
The market is driven by the increasing prevalence of Parkinson's disease globally, coupled with advancements in DBS technology that enhance the precision and efficacy of the treatment. Innovations in electrode design, pulse generator technology, and patient-specific programming have contributed to better outcomes and a wider acceptance of DBS as a viable treatment option. Additionally, growing awareness of Parkinson's disease and the benefits of DBS, along with ongoing research and clinical trials, support the market’s expansion. As a result, the Global DBS market for Parkinson’s disease continues to evolve, offering promising prospects for both patients and healthcare providers.
Global Deep Brain Stimulation in Parkinsons Disease Market Recent Developments
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In February 2019, Medtronic launched its Deep Brain Stimulation (DBS) therapy for treating medically-refractory epilepsy in the U.S. This innovative product introduction aims to help Medtronic expand its customer base and boost revenue by offering new treatment options for patients with epilepsy who do not respond to traditional therapies.
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In January 2019, Boston Scientific Corporation introduced the Vercise Gevia and Vercise Primary Cell (PC) Deep Brain Stimulation (DBS) Systems, equipped with the Vercise Cartesia Directional Lead. This advanced technology is designed to give specialists and physicians precise control over the shape, range, direction, and position of electrical stimulation. It enables highly customized therapy for the treatment of neurological disorders, enhancing the effectiveness and personalization of DBS therapy.
Segment Analysis
The Global Deep Brain Stimulation (DBS) in Parkinson's Disease Market can be segmented by device type, application, and region. Device type includes various components such as pulse generators, electrodes, and extension leads. Pulse generators, often referred to as neurostimulators, are the core component responsible for delivering electrical impulses to targeted brain areas. Electrodes, implanted in specific brain regions, play a crucial role in the effectiveness of DBS by accurately targeting neural circuits associated with motor control. Extension leads connect the pulse generator to the electrodes, ensuring proper signal transmission. Advances in these components, such as improved electrode design and programmable pulse generators, have significantly enhanced DBS outcomes and expanded the market.
Application segmentation focuses on the specific symptoms of Parkinson's disease that DBS targets, including tremors, bradykinesia, and rigidity. DBS is particularly effective for managing severe motor symptoms that are resistant to medication, thereby addressing the most challenging aspects of Parkinson’s disease. The market also considers patient demographics and disease progression, as DBS is typically recommended for patients with advanced Parkinson’s disease who have not responded adequately to conventional treatments.
Global Deep Brain Stimulation in Parkinsons Disease Market Analysis
The Global Deep Brain Stimulation in Parkinsons Disease Market has been segmented by Product Type, End-Use and Geography.
Global Deep Brain Stimulation in Parkinsons Disease Market, Segmentation by Product Type
The Global Deep Brain Stimulation in Parkinsons Disease Market has been segmented by Product Type into Single Channel Deep Brain Stimulator and Dual Channel Deep Brain Stimulator.
Single Channel DBS devices are designed to target a single brain area and are often used in cases where the disease symptoms are localized or less complex. These stimulators are typically simpler in design and can be more cost-effective, making them an attractive option for both patients and healthcare providers looking for a less invasive approach. Single Channel DBS systems are frequently used for their reliability and straightforward application in managing Parkinson’s Disease symptoms.
On the other hand, Dual Channel Deep Brain Stimulators offer a more advanced solution by targeting multiple brain areas simultaneously. This multi-channel capability allows for a more nuanced and adaptable approach to managing Parkinson’s Disease, addressing complex or widespread symptoms more effectively. Dual Channel DBS devices are often preferred for patients with more severe or multifaceted symptoms, providing greater precision and potentially enhanced therapeutic outcomes. The growing preference for dual channel systems is driven by their ability to offer customized treatment options and the increasing demand for advanced neurostimulation technologies in the treatment of Parkinson’s Disease.
Global Deep Brain Stimulation in Parkinsons Disease Market, Segmentation by End-Use
The Global Deep Brain Stimulation in Parkinsons Disease Market has been segmented by End-Use into Hospitals, Neurology Clinics, Ambulatory Surgical Centers and Research Centers.
Hospitals represent a major segment, providing comprehensive care and advanced surgical facilities for deep brain stimulation procedures. These institutions are equipped with the necessary resources, including skilled neurosurgeons and sophisticated imaging technologies, to perform complex DBS surgeries and manage post-operative care. The hospital setting also facilitates multidisciplinary approaches, integrating neurology, neurosurgery, and rehabilitation services to address the multifaceted needs of Parkinson’s Disease patients.
Neurology Clinics and Ambulatory Surgical Centers cater to specific aspects of DBS treatment. Neurology Clinics often provide diagnostic and follow-up care, offering specialized services for Parkinson’s Disease management and pre-surgical evaluations. Ambulatory Surgical Centers, on the other hand, are focused on providing outpatient surgical procedures, which can be more convenient and cost-effective for patients undergoing DBS surgery. Research Centers play a crucial role in advancing the field by conducting clinical trials and studies to refine DBS techniques and explore new therapeutic approaches. This segment is vital for the development of innovative DBS technologies and improving treatment outcomes for Parkinson’s Disease patients.
Global Deep Brain Stimulation in Parkinsons Disease Market, Segmentation by Geography
The Global Deep Brain Stimulation in Parkinsons Disease Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Deep Brain Stimulation in Parkinsons Disease Market Share (%), by Geographical Region, 2024
The Global Deep Brain Stimulation (DBS) in Parkinson's Disease Market is segmented geographically into five regions: North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America leads the market due to its advanced healthcare infrastructure, high prevalence of Parkinson’s Disease, and substantial investment in neurological research. The region's well-established medical facilities, including hospitals and specialized neurology centers, provide a strong foundation for the adoption of DBS technologies. Additionally, the presence of leading market players and favorable reimbursement policies further bolster the growth of the DBS market in North America.
Europe follows closely with a significant share in the DBS market, driven by its robust healthcare systems, ongoing research, and increasing patient awareness. The region benefits from a high level of healthcare accessibility and advancements in neurotechnology. In the Asia Pacific region, the market is experiencing rapid growth due to rising healthcare investments, increasing prevalence of Parkinson’s Disease, and expanding access to advanced medical treatments. Meanwhile, the Middle East and Africa and Latin America are emerging markets with growing potential as healthcare infrastructure improves and awareness about DBS technologies spreads. These regions are expected to see gradual market expansion as local healthcare systems evolve and support the integration of innovative treatments for Parkinson’s Disease.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Deep Brain Stimulation in Parkinsons Disease Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing Prevalence of Parkinson's Disease
- Advancements in Deep Brain Stimulation Technology
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Rising Awareness and Diagnosis of Parkinson's Disease: Rising awareness and diagnosis of Parkinson’s Disease have significantly impacted the Global Deep Brain Stimulation (DBS) Market. As public awareness about Parkinson’s Disease increases, more individuals are seeking medical attention for symptoms, leading to earlier diagnosis and intervention. Educational campaigns, advocacy groups, and advancements in medical knowledge have contributed to a greater understanding of the disease, prompting patients to recognize symptoms and seek specialist care sooner. This heightened awareness not only facilitates early diagnosis but also increases the demand for advanced treatment options, including DBS, as patients and healthcare providers explore cutting-edge therapies to manage the disease effectively.
Improved diagnostic tools and techniques have enhanced the accuracy and timeliness of Parkinson’s Disease diagnoses. Advances in imaging technologies, such as MRI and PET scans, allow for more precise identification of the disease and its progression. Early and accurate diagnosis enables tailored treatment plans, including the consideration of DBS for eligible patients. As diagnostic capabilities continue to evolve and healthcare providers become more adept at identifying Parkinson’s Disease, the market for DBS is expected to grow. This trend reflects a broader shift towards personalized medicine and targeted therapies, addressing the specific needs of Parkinson’s patients and fostering continued innovation in treatment options.
Restraints:
- High Cost of Deep Brain Stimulation Procedures
- Risk of Complications and Side Effects
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Lack of Awareness in Emerging Markets: In emerging markets, a significant barrier to the growth of the Global Deep Brain Stimulation (DBS) Market is the lack of awareness about Parkinson's Disease and the available advanced treatment options. Many regions still face challenges related to the general public's understanding of Parkinson’s Disease, its symptoms, and the potential benefits of DBS therapy. Limited awareness can lead to delays in diagnosis, with patients often receiving treatment only after the disease has progressed significantly. This lack of knowledge not only affects patient outcomes but also hampers the adoption of innovative treatments such as DBS, as healthcare providers may not always be familiar with or have access to these advanced technologies.
In emerging markets, there can be significant disparities in healthcare infrastructure and resources. Limited access to specialized neurology centers and advanced diagnostic tools further exacerbates the issue. Healthcare professionals in these regions may lack the training or exposure to DBS technology, reducing the likelihood of it being offered as a treatment option. Efforts to improve education and awareness among both the public and healthcare providers are essential to address these challenges. Increasing the availability of training programs, facilitating knowledge exchange, and expanding healthcare access are crucial steps to overcoming these barriers and fostering growth in the DBS market in emerging regions.
Opportunities:
- Emerging Markets Growth
- Technological Advancements and Innovations
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Expansion of Clinical Applications: The expansion of clinical applications for Deep Brain Stimulation (DBS) is a significant driver of growth in the Global DBS Market. Originally developed to address movement disorders like Parkinson's Disease, DBS technology is now being explored for a broader range of neurological and psychiatric conditions. Clinical research has demonstrated the potential benefits of DBS in treating disorders such as dystonia, essential tremor, obsessive-compulsive disorder (OCD), and major depressive disorder. This diversification of applications not only enhances the relevance of DBS technology across various medical fields but also broadens the market potential by appealing to a wider patient population.
Ongoing advancements in DBS technology and techniques are enabling more precise and tailored treatments. Innovations such as adaptive stimulation, which adjusts the stimulation parameters based on real-time feedback, and improved electrode designs are enhancing the effectiveness of DBS for various conditions. The ability to customize treatment for individual patient needs and adapt to changing symptoms is expanding the clinical utility of DBS, leading to increased adoption and acceptance within the medical community. As research continues to uncover new applications and refine existing ones, the DBS market is likely to experience continued growth and innovation, further establishing its role as a critical tool in the management of diverse neurological and psychiatric disorders.
Competitive Landscape Analysis
Key players in Global Deep Brain Stimulation in Parkinsons Disease Market include:
- Abbott (St. Jude Medical)
- Medtronic
- Boston Scientific Corporation
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By End-Use
- Market Snapshot, By Region
- Global Deep Brain Stimulation in Parkinson’s Disease Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Increasing Prevalence of Parkinson's Disease
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Advancements in Deep Brain Stimulation Technology
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Rising Awareness and Diagnosis of Parkinson's Disease
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- Restraints
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High Cost of Deep Brain Stimulation Procedures
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Risk of Complications and Side Effects
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Lack of Awareness in Emerging Markets
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- Opportunities
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Emerging Markets Growth
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Technological Advancements and Innovations
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Expansion of Clinical Applications
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Deep Brain Stimulation in Parkinson’s Disease Market, By Product Type, 2021 - 2031 (USD Million)
- Single Channel Deep Brain Stimulator
- Dual Channel Deep Brain Stimulator
- Global Deep Brain Stimulation in Parkinson’s Disease Market, By End-Use, 2021 - 2031 (USD Million)
- Hospitals
- Neurology Clinics
- Ambulatory Surgical Centers
- Research Centers
- Global Deep Brain Stimulation in Parkinson’s Disease Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Deep Brain Stimulation in Parkinson’s Disease Market, By Product Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Abbott (St. Jude Medical)
- Medtronic
- Boston Scientific Corporation
- Company Profiles
- Analyst Views
- Future Outlook of the Market