Brain implants, also called neural implants, are medical devices that are placed intracranially by surgical means to predict brain activity patterns or to stimulate activity in the brain. The global brain implants market is on an upward growth trajectory and is expected to attain a valuation of USD 8.29 Bn by the end of 2023.

The surge in the prevalence of neurological disorders such as Parkinson's disease, Alzheimer's disease, epilepsy, and others has induced high demand for brain implants, since these implants are treatment-assistive and alleviate the need for drugs.

More details on https://www.reuters.com/brandfeatures/venture-capital/article?id=75850

Segmentation

The global brain implants market has been segmented based on product, application, and end users.

By product, the global brain implants market has been segmented into deep brain stimulator, spinal cord stimulator, and vagus nerve stimulator. Product-wise, the spinal cord stimulator segment is the largest segment, while the deep brain stimulator segment is projected to be the fastest growing segment.

By application, the global brain implants market has been segmented into chronic pain, epilepsy, Parkinson's disease, depression, essential tremor, and Alzheimer's disease. Application-wise, the Parkinson's disease segment accounts for the largest share of the market while the depression segment is poised to be the fastest growing segment.

By end-users, the global brain implants market has been segmented into hospitals, clinics, and ambulatory services. Clinics segment dominates the market while the hospitals segment is expected to grow at the fastest rate.

Competitive Landscape

Thermo Fisher Scientific Inc., bioMérieux SA, FOCUS Laboratories, Inc., Gibraltar Laboratories, Rapid Micro Biosystems, Inc., Dickinson and Company, Eurofins Scientific, Sartorius AG, Becton, Merck KGaA, and Charles River are the notable players in the global brain implants market.

More References:

https://ie.shafaqna.com/EN/AL/1134941

https://ie.shafaqna.com/EN/AL/1141796

https://www.medgadget.com/2019/02/global-brain-implants-market-growing-efficacy-of-implants-on-treatment-size-technology-growth-receives-to-achieve-incomes-touching-usd-3-24-bn-by-2023.html

https://www.1170kfaq.com/story/39989920/2019-technological-advancement-in-brain-implants-market-leads-to-strong-business-valuation-of-usd-829-bn-to-2023-at-a-cagr-of-1110

https://www.marketwatch.com/press-release/brain-implants-market-will-reach-324-bn-by-2023-major-stakeholders-and-trends-influencing-technology-report-2019-2019-03-19

https://www.medgadget.com/2019/04/brain-implants-market-professional-synthesis-report-by-products-and-technological-advancements-procure-growth-at-a-cagr-of-11-10-till-2023.html

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