Deep Brain Stimulators (DBS) Market Share, Forecasts 2014 To 2020: Grand View Research, Inc.

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Global Deep Brain Stimulators (DBS)Market
Expected To Reach USD 1.59 Billion By 2020 Grand
View Research, Inc.

• Grand View Research has announced the addition of
  "Global Deep Brain Stimulators (DBS) Market
  Analysis And Segment Forecasts To 2020" Market
  Research report to their Database

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• Global deep brain stimulators market (
  http//www.grandviewresearch.com/industry-analysis
  /deep-brain-stimulators-dbs-market ) is expected
  to reach USD 1.59 billion by 2020, according to a
  new study by Grand View Research, Inc. Increasing
  incidence rates of target neurological disorders
  such as Parkinsons and demand for minimally
  invasive surgical procedures are some primary
  factors expected to drive the deep brain
  stimulators market. Deep brain stimulators have
  witnessed a significant rise in usage rates and
  are now considered viable substitutes to
  conventional therapies. Higher efficacy exhibited
  by the former is a key reason attributing to the
  aforementioned conclusion. Introduction of
  technological advancements such as fractionation
  of electric current and selective current
  steering are also expected to improve device
  usage rates. 
• Deep brain stimulators are FDA approved when it
  comes to treating Parkinsons, dystonia and OCD
  (obsessive compulsive disorder) etc. Moreover,
  the use of these devices for diseases such as
  trigeminal neuralgia, Tourette syndrome,
  Alzheimers, refractory epilepsy, cluster
  headache and movement disorders by multiple
  sclerosis are awaiting FDA approval. The
  potential inclusion of new application areas is
  expected fuel the future growth of the market.  

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• Further key findings from the study suggest
• Parkinsons disease was the largest application
  segment of the market in 2013. Use of deep brain
  stimulators for treating this disease renders
  symptomatic relief from medicine induced
  dyskinesia and therefore, these devices are
  expected to witness a rapid growth in demand
  during the forecast period.
• OCD (obsessive compulsive disorder) was also one
  of the leading application segments in 2013. DBS
  has proven to be the most efficient treatment
  option pertaining to OCD and is expected to
  witness a rapid growth in usage rates over the
  next six years.North America was the largest
  regional market, accounting for over 50.0 of
  market share in 2013. Presence of sophisticated
  healthcare infrastructure and reimbursement
  policies and increasing awareness levels of
  patients and healthcare personnel are some key
  factors expected to drive regional market growth
  during the forecast period.
• Asia Pacific is identified as the most lucrative
  market. Rapidly improving healthcare
  infrastructure, presence of high unmet medical
  needs and increasing healthcare spending levels
  in the emerging markets of China and India are
  some factors attributing to its growth.Some key
  manufacturers of deep brain stimulators include
  St. Jude Medical, Medtronic Plc, Boston
  Scientific Corporation and Aleva
  Neurotherapeutics SA.The market is marked by the
  presence of extensive RD investments targeting
  the development of technologically advanced
  systems catering to new application areas.
  Moreover, manufacturers participate in endeavors
  directed towards capitalizing on the untapped
  opportunities available in the emerging Asia
  Pacific and Latin American markets.
• For More http//www.grandviewresearch.com/industr
  y-analysis/deep-brain-stimulators-dbs-market

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  http//www.grandviewresearch.com/industry-analysis
  /deep-brain-stimulators-dbs-market/request
• For the purpose of this study, Grand View
  Research has segmented the global deep brain
  stimulators market on the basis of application
  and region
• Global Deep Brain Stimulators Application
  Outlook (Revenue, USD Million, 2012 2020)   
   Pain Management     Epilepsy     Essential
  Tremor     Obsessive Compulsive Disorder
  (OCD)     Depression     Dystonia   
   Parkinsons Disease     Others
• Deep Brain Stimulators Regional Outlook
  (Revenue, USD Billion, 2012 2020)     North
  America        U.S.     Europe       
   Germany         UK     Asia Pacific       
   Japan     RoW
•  

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• Browse all reports at http//www.grandviewresearch
  .com/industry/medical-devices
• About Grand View Research
• Grand View Research, Inc. is a market research
  and consulting company that provides off-the-
  shelf, customized research reports and
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  informed business decisions, we offer market
  intelligence studies, ensuring relevant and
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  energy. With a deep-seated understanding of
  varied business environments, Grand View
  Research provides strategic objective insights.
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