Title: Brain Implants Market - Forecast(2022 - 2027)
1Brain Implants MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Brain Implants Market size is estimated to reach
8.6 billion by 2027, growing at a CAGR of 9.1
during the forecast period 2022-2027. Brain
Implants, frequently mentioned as neural
implants, are technological devices that relate
directly to the brain of a biological subject,
normally positioned on the surface of the brain
or fastened to the cortex of the brain. A Vagus
nerve stimulator (VNS) is a device utilized to
treat seizures when seizure medications are not
efficient and surgery is not feasible.
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- Key Takeaways
- Geographically, North America Brain Implants
Market accounted for the highest revenue share in
2021 and it is poised to dominate the market over
the period 2022-2027 owing to the surging raised
count of neurological ailments requiring the
application of deep brain stimulators in North
American region. - Brain Implants Market growth is being driven by
the increasing predominance of neurological
ailments requiring the application
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By Distribution Channel- Segment Analysis The
Brain Implants Market based on product type can
be further segmented into Deep Brain Stimulator,
Spinal Cord Stimulator, and Vagus Nerve
Stimulator. The Deep Brain Stimulator Segment
held the largest market share in 2021. This
growth is owing to the increasing application of
deep brain stimulators for neurological ailments.
A deep brain stimulator is utilized to treat
Obsessive Compulsive Disorder, Parkinsons
Disease, Dystonia, Essential Tremor, Epilepsy,
and Alzheimers Disease.
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- Brain Implants Market Industry Outlook
- Abbott
- Boston Scientific Corporation
- Medtronic PLC
- NeuroPace Inc.
- Renishaw PLC
- LivaNova PLC
- Nevro Corporation
- Aleva Neurotherapeutics SA
- NDI Medical LLC
- Synchron Inc.
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