Brain Implants Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)

Brain Implants Market – Report Overview

Pacific Business Consulting’s “Brain Implants Market in 10MM – Market Outlook, Unmet Needs, Market Assessment & Forecast (2023-2030)” report offers a comprehensive understanding of Brain Implants market, encompassing historical and projected market size data, along with market trends, market drivers, market barriers and unmet medical needs in the Ten Major Markets (10MM) of the United States, Germany, Spain, Italy, France, the United Kingdom, Japan, China, Australia, and India.

The global Brain Implants market, valued at US$ 5.7 Billion in 2022, is poised to witness a compound annual growth rate (CAGR) of over 9% from 2023 to 2030, with a projected market size exceeding US$ 10 Billion by 2030.

Major drivers contributing to the market’s growth include the increasing incidence of neurological conditions such as Parkinson’s, Alzheimer’s, and epilepsy. Growing awareness of the benefits of brain implants and positive research outcomes further fuel this expansion. Notably, a Parkinson’s Foundation study in 2022 revealed a significant rise in diagnosed cases, with approximately 90,000 individuals diagnosed with Parkinson’s disease in the U.S. annually, marking a 50% increase from previous estimates.

Brain implants, surgically inserted medical devices designed to monitor or regulate brain activity, play a vital role in aiding individuals with neurological illnesses or traumas, helping them regain lost function or enhance their quality of life. These implants, varying in types and functions, are employed to treat neurological conditions by sending electrical impulses to specific parts of the brain, relieving symptoms.

The prevalence of neurological disorders is a prominent driver, with data from the Pan American Health Organization highlighting their impact on mortality, particularly in 2019, where neurological conditions contributed to 533,172 deaths in a specific region. The growing global geriatric population, the rise in the incidence of diseases like Parkinson’s, epilepsy, and Alzheimer’s, and unmet medical needs contribute to the increasing demand for brain implants.

Children, in addition to older individuals, are increasingly requiring brain implants, with conditions like craniosynostosis being monitored and managed through this technology. Technological advancements, such as computer-aided design and 3D printing, have lowered the manufacturing cost of microchips used in patient-specific implants made from various materials like polymer, ceramic, or metal components.

In a significant milestone, Synchron announced the first human brain-computer interface (BCI) implantation in the United States in July 2022. This innovative method, utilizing an endovascular BCI approach without invasive open-brain surgery, marks a crucial technological advancement for scalable BCI devices. The United States, being a major market for brain implants, is expected to witness significant advancements, presenting lucrative opportunities for market participants.

Key players in the Brain Implants segment include Aleva Neurotherapeutics SA, Synapse Biomedical Incorporation, Boston Scientific Corporation, Sapiens Neuro, Edwards Lifesciences Corporation, Abbott Laboratories, Medtronic PLC, NeuroPace Incorporation, and Nevro Corporation. The continuous evolution of this market is anticipated to shape the future of neurological interventions and treatments.

Scope of Report

The report addresses critical subjects such as strategic competitor evaluation, market characterization, unmet needs, and the consequences of these elements for the Brain Implants market. It also delves into the analysis of present and prospective market competition within the global Brain Implants market.

Furthermore, the report offers an insightful examination of the primary industry drivers, constraints, and challenges. Each trend undergoes independent research to furnish qualitative analysis regarding its implications.

Reasons to Buy

• Develop your business strategies by gaining insights into the trends that shape and drive the Brain Implants market across the 10MM (Ten Major Markets).
• Increase revenue by comprehending key trends, innovative products and technologies, market segments, and companies poised to influence the future of the 10MM Brain Implants market.
• Craft effective sales and marketing strategies by thoroughly understanding the competitive landscape and analyzing the performance of various competitors.
• Identify emerging players with potentially robust product portfolios and devise strategic counter-strategies to gain a competitive advantage.
• Optimize your sales and marketing efforts by pinpointing market categories and segments that offer the greatest opportunities for consolidations, investments, and strategic partnerships.

1. Executive Summary: Brain Implants
   • Global Market Outlook: Brain Implants
2. Competitive Intelligence Analysis: Brain Implants
3. Therapeutic Sector SWOT
4. Technology Roadmap Analysis: Brain Implants
5. Market Background
   • Drivers
   • Restraints
   • Opportunity
   • Key Market Trends
   • Key Unmet Needs
6. Key Marketed Products Profile – Major Approved Products: Brain Implants
   • Product Profile
   • Safety and Efficacy
7. Regulatory Landscape
8. Brain Implants: Ten Major Market (10MM) – Market Analysis, By Product Type
   • Deep Brain Stimulator
   • Spinal Cord Stimulator
   • Vagus Nerve Stimulator
9. Brain Implants: Ten Major Market (10MM) – Market Analysis, By Application
   • Epilepsy
   • Parkinson’s
   • Depression
   • Chronic Pain
   • Essential Tremor
   • Alzheimer’s Disease
10. Brain Implants: Ten Major Market (10MM) – Market Analysis, By End User
    • Neurology Clinics
    • Hospitals
    • Others
11. Brain Implants: Ten Major Market (10MM) – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

12. S. Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

13. K. Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

14. Germany Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

15. France Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

16. Italy Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

17. Spain Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

18. Japan Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

19. China Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

20. Australia Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

21. India Brain Implants – Market Analysis
    • Historical Market Analysis (US$ million), 2020-2022
      • By Product Type
      • By Application
      • By End User
    • Current and Future Market Projections (US$ million), 2023-2030
      • By Product Type
      • By Application
      • By End User

22. Competitive Landscape
    • Company Overview
    • Product Portfolio
    • Key Financials
    • Sales Footprint

Note – All Major Company Profiles (Count up to 20) will be covered in the report

23. Assumptions and Acronyms Used
24. Research Methodology
    • Secondary Research
    • Primary Research
    • Data Triangulation
25. Geographic Scope
    • The U.S., The U.K., Germany, France, Italy, Spain, Japan, China, Australia, and India

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