Brain Implants Market
Brain Implants Market Analysis By Product (Deep Brain Stimulators, Spinal Cord Stimulators, Vagus Nerve Stimulators), By Application (Chronic Pain, Epilepsy, Parkinson’s Disease, Depression, Essential Tremor, Alzheimer’s), By End User & By Region - Global Market Insights 2022 to 2027
Analysis of Brain Implants market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Brain Implants Market Outlook (2022 to 2027)
The global brain implants market is valued at US$ 6.6 billion in 2022 and is predicted to expand at a high-value CAGR of 11% to reach US$ 11.1 billion by the year 2027.
Sales of deep brain stimulators are expected to increase at a similar CAGR of 11% from 2022 to 2027.
| Report Attributes | Details |
|---|---|
| Brain Implants Market Size (2022E) | US$ 6.6 Billion |
| Forecasted Market Value (2027F) | US$ 11.1 Billion |
| Global Market Growth Rate (2022 to 2027) | 11% CAGR |
| China Growth Rate (2022 to 2027) | 10% CAGR |
| Key Companies Profiled | Medtronic Plc; Boston Scientific Corporation; St Jude Medical, Inc (Abbott); Synapse Biomedical Inc; Nevro Corporation; NDI Medical LLC; Terumo Corporation; Edwards Lifesciences Corporation; NeuroPace, Inc; LivaNova PLC; Synchron Inc; Functional Neuromodulation Ltd; Beijing PINS Medical Co Ltd; Renishaw Plc; Aleva Neurotherapeutics SA |
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Brain Implant Demand Research (2017 to 2021) Vs. Market Forecasts (2022 to 2027)
Brain implants are often referred to as neural implants. Brain implants are categorized as a collection of numerous product types with indications for usage in surgery and health management. Medical devices such as deep brain stimulators and vagus nerve stimulators are among the implants used in the brain.
A nerve cell or neural channel in the nervous system/brain is stimulated through the direct or indirect excitation of its cell membrane by an electric current using a technique known as electrical brain stimulation or electric brain stimulator (EBS), also known as focal brain stimulation. EBS is a type of electrotherapy used in scientific and clinical neurobiology.
To distribute medications to the (CNS) central nervous system, acellular synthetic polymeric brain implants have been made using nanotechnology. The process disperses medication over extended periods, such as months or weeks, by diffusion or degradation.
Patients with Parkinson's disease can better manage their physical and cognitive functions due to brain implants. In the coming years, it is anticipated that technical developments such as 3-D printing, brain-computer interfaces, and motor neuron prosthesis would help the industry flourish.
- For instance, the U.S. FDA authorized Medtronic's brain reading stimulator in June 2020, which assists in transmitting brain signals during therapy.
Increased public awareness of mental health issues, a more active lifestyle, and an increase in neurological disorders such as epilepsy, Alzheimer's, Parkinson's, and depression are the primary factors influencing demand for brain implants.
Demand for sophisticated brain implants is increased by growing public awareness and technological developments such as BCIs (Brain-Computer Interfaces), which are implanted in the brain and use microscopic electrodes to monitor the activity of neurons.
Because they can be utilized to improve body motions and cure chronic pain, brain implant treatments are expected to continue to see an increase in popularity. Furthermore, in the coming years, use of brain implants for seizure control is also anticipated to increase quickly.
Expanding at a CAGR of 11%, the global brain implants market is projected to increase to a valuation of US$ 11.1 billion by 2027, says Fact.MR, a market research and competitive intelligence provider.
What Market Variables are Influencing Brain Implant Technology Sales?
“Rising Number of Brain Implant Surgeries Forcing Top Companies into Innovations in Brain Implant Products for Better Results”
Growing popularity of brain implant surgery is mostly due to the increase in neurological disorders. Clinical demand for long-term alternatives such as spinal cord stimulators and deep brain stimulators has increased as a result of these illnesses. Depression that is brought on by stress and obesity is also on the rise globally.
These factors make it clear that cutting-edge brain implant technologies can significantly contribute to the availability of depression therapy alternatives. Worldwide market for brain implants is expanding due to these illnesses.
- It is projected that the advent of cutting-edge technologies, such as Medtronic's MRI-safe brain implants and transdermal neuromodulation technology introduced by Neurowave Medical Technologies, will further propel brain implant sales.
Smart neural chips enhance wireless brain signal transmission into the fingers and hands with approximately 95% accuracy, which is expected to increase demand for brain implants during the projected period
“Old Age Leads to Several Health Issues, Especially Related to the Brain, Subsequently Boosting Demand for Brain Implants”
Demand for brain implants has increased due to the rising global elderly population, an increase in the prevalence of target diseases, particularly Parkinson's, epilepsy, and Alzheimer's, as well as significant unmet medical demands.
Parkinson's disease is more likely to develop in the population who are getting older. Parkinson's disease patients are unable to produce enough dopamine in their brains, which results in a variety of symptoms including stiffness, tremors, and difficulty walking.
- According to CDC, Parkinson's disease is typically diagnosed in patients over the age of 60 and is expected to impact 1% of people over 60 years of age to 4% of people by the age of 80.
- The population of people aged 60 and older is predicted to increase from 900 million in 2015 to 2 billion by 2050, says a WHO 2018 study. The elderly are more vulnerable to Parkinson's disease, which is anticipated to be a major factor influencing the demand for brain implants.
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What Should Key Suppliers of Brain Implants Be Aware Of?
“High Surgical & Post-surgical Costs May Hamper Sales of Brain Implants”
Factors such as high surgical costs are likely to impede global brain implant market growth. In the future, people with brain implants might need to undergo several additional procedures to replace them. Therefore, the excessive cost of revenant surgery may be a major factor badly affecting brain implant sales.
What Opportunities in the Brain Implants Market are Attracting New Companies?
“Investments in R&D Activities for Brain Implant Product Development Will Open Opportunities for New Comers”
The market for brain implants is anticipated to see profitable growth prospects as a result of the growing number of research activities that result in technological improvements. These include memory chips and self-charging implants, which are expected to boost market expansion prospects over the projection period.
- For instance, the Andersen Lab studies cognitive signals in the Post Parietal Cortex (PPC) for determining the position of the intended target during motion. The signals that the cortex receives are used to control the equipment.
Furthermore, over the projection period, market expansion is anticipated to be aided by the possible advantages of these devices, such as improved postoperative outcomes management and long-term efficacy. It is projected that these important reasons would increase the sales of brain implants.
- A new start-up of Elon Musk's odd and futuristic businesses is Neuralink. It is creating technology for neural interfaces, also known as implanting microchips in human brains. Neurological problems can be studied and treated with the aid of neuralink brain implant technology.
- The chip aims to enable those with severe paralysis to interact or communicate by thinking. Similar goals are provided by Elon Musk's neuralink implant machine, which is still waiting for FDA approval.
- Elon Musk recently declared that the business hoped to begin incorporating its microchip into the human (brain) by 2022. The billionaire and co-founder uploaded a video just before making the announcement, of a monkey utilizing a Neuralink brain chip to play a video game using its mind.
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Which Regions are Driving Sales Revenue from Brain Implants?
“Presence of Top Neural Implant Companies, Qualified Medical Professionals, & Advanced Healthcare Infrastructure in North America”
Over the next five years, North America is anticipated to dominate the global market for neural implants. This dominance can be linked to elements including an increase in the prevalence of neurological illnesses, an increase in treatment awareness, the accessibility of highly qualified medical professionals, and existence of long-standing healthcare facilities.
Furthermore, it is anticipated that increased respective government funding and campaigns to improve awareness of neurological disorders will fuel the market for deep brain stimulation equipment in the region.
- For instance, the Parkinson's Foundation invested US$ 3.5 million in 2020 to support more than 34 Parkinson's disease research initiatives.
Such initiatives are anticipated to increase interest in brain implants in the North American region.
Need for brain implants in Europe grows as a result of high opioid drug dosages and inflammation brought on by viral and bacterial infections in the brain that result in brain disorders such as seizures, Parkinson's disease, and disorientation.
Strong estimates for Europe's healthcare spending would provide a lucrative environment for the expansion of brain implants and also neural disorders, creating a significant demand for brain implant providers.
- Due to the use of nanomaterials, ultra-flexible cortical implants can record and stimulate the brain on a vast scale. Under the FET Proactive financing program, the European Union is supporting BrainCom, a collaborative research initiative that intends to create a new generation of neuroprosthetic devices to progress speech neural prosthesis.
However, there are questions concerning the ethical elements of such brain implant technology. As a result, businesses in the brain implants sector are innovating with ultra-flexible cortical implants using artificial intelligence (AI).
Due to various factors, including the rising frequency of neurodegenerative and mental disorders, the unmet need for long-term treatment options, and an increase in awareness campaigns, Asia Pacific is predicted to dominate the market from 2022 to 2027.
The market for brain implants in the region is anticipated to experience tremendous development prospects as a result of increasing efforts being made by neurosurgeons and neurology clinics to spread knowledge about brain implants. Furthermore, one of the main drivers of the market in the Asia Pacific region is the substantial R&D investments made by global market players as a result of their low-cost structure.
Country-wise Analysis
What Makes the United States a Profitable Market for Neural Implant Suppliers?
“Effective Results of Neural Implant Treatment Due to Qualified Doctors & Growing Cases of Alzheimer’s Disease”
Market for brain implants in the United States is expected to expand quickly. This is due to several factors, such as an increase in the prevalence of neurological illnesses, high public awareness of available treatments, well-developed healthcare infrastructure, and the presence of morally upright doctors.
According to medical experts, brain implants are the most effective kind of treatment for depression in the country.
- The number of new and active cases of Alzheimer's disease will rise along with the number of senior persons in the United States, predicts the statistics provided by Alzheimer's Disease Facts and Figures.
- The number of people aged 65 and older with Alzheimer's disease is predicted to increase to 12.7 million by 2050 if medical advancements to prevent, treat, or cure the disease are not made.
How is the Market for Brain Implants Evolving in China?
“Huge Government Support for Research & Development of Deep Brain Stimulators”
Sales of brain implants in China are expected to expand at a CAGR of 10% from 2022 to 2027.
Brain surgery for drug addiction has a long, albeit controversial, history in China. People can still be subjected to years of mandatory treatment, including 'rehabilitation' through labour, under China's harsh anti-drug legislation.
A sizable patient base, government financing, and aspirational medical device businesses willing to contribute to deep brain stimulation (DBS) research are expected to boost sales of brain implants.
- Across the world, eight registered DBS clinical studies for drug addiction are being carried out, according to a database maintained by the National Institutes of Health in the United States. China is home to six.
Neurological diseases such as Parkinson's have long been treated using deep brain stimulation. During the procedure, a gadget that functions as a kind of pacemaker for the brain and electrically stimulates specific regions is implanted. China is becoming a centre for such research while Western attempts to advance DBS for addiction trials on humans have failed.
Category-wise Analysis
Why are Deep Brain Stimulators Widely Demanded?
“Preferred Use of Deep Brain Stimulators in Treating Several Neurological Diseases”
Sales of deep brain stimulators are expected to expand at a CAGR of 11% from 2022 to 2027.
Technological developments such as rechargeable implantable pulse generators, robot-assisted implantation, and an increase in the use of advanced deep brain stimulator systems in hospitals and neuro centres are major factors for this surge.
Due to the increasing prevalence of Parkinson's disease, it is projected that the product will continue to hold the top spot during the forecast period. One of the main factors influencing the growth of this market is the increasing use of DBS for the treatment of several neurological illnesses, such as obsessive-compulsive disorder (OCD), dystonia, epilepsy, essential tremor, and Alzheimer's disease.
Competitive Landscape
Market participants are consistently expanding their product offerings and creating better analytical solutions. Alliances, technological partnerships, and product launch strategies of the businesses in the market for brain implants are their main priorities.
- Medtronic plc, in June 2021, announced that SenSight Directional Lead System, which is utilized for deep brain stimulation therapy, received FDA approval.
Key Segments in Brain Implants Industry Research
-
By Product :
- Deep Brain Stimulators
- Spinal Cord Stimulators
- Vagus Nerve Stimulators
-
By Application :
- Chronic Pain
- Epilepsy
- Parkinson’s disease
- Depression
- Essential Tremor
- Alzheimer’s Disease
- Obsessive-compulsive Disorder
- Multiple Sclerosis
- Dementia
-
By End User :
- Hospitals
- Neurological Centers
- Specialized Clinics
- Others
-
By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- MEA
Table of Content
- 1. Global Market - Executive Summary
- 2. Global Market Overview
- 3. Market Risks and Trends Assessment
- 4. Market Background and Foundation Data Points
- 5. Global Market Demand (US$ Mn) Analysis 2017 to 2021 and Forecast, 2022 to 2027
- 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, By Application
- 6.1. Chronic Pain
- 6.2. Epilepsy
- 6.3. Parkinson’s Disease
- 6.4. Depression
- 6.5. Essential Tremor
- 6.6. Alzheimer’s Disease
- 6.7. Obsessive-Compulsive Disorder
- 6.8. Multiple Sclerosis
- 6.9. Dementia
- 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by Product
- 7.1. Deep Brain Stimulators
- 7.2. Spinal Cord Stimulators
- 7.3. Vagus Nerve Stimulators
- 8. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by End User
- 8.1. Hospitals
- 8.2. Neurological Centers
- 8.3. Specialized Clinics
- 8.4. Others
- 9. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2027, by Region
- 9.1. North America
- 9.2. Latin America
- 9.3. Europe
- 9.4. East Asia
- 9.5. South Asia & Oceania
- 9.6. Middle East and Africa (MEA)
- 10. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 11. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 12. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 13. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 14. South Asia & Oceania Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 15. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2027
- 16. Market Structure Analysis
- 17. Competition Analysis
- 17.1. Medtronic Plc
- 17.2. Boston Scientific Corporation
- 17.3. St Jude Medical, Inc (Abbott)
- 17.4. Synapse Biomedical Inc
- 17.5. Nevro Corporation
- 17.6. NDI Medical LLC
- 17.7. Terumo Corporation
- 17.8. Edwards Lifesciences Corporation
- 17.9. NeuroPace, Inc
- 17.10. LivaNova PLC
- 17.11. Synchron Inc
- 17.12. Functional Neuromodulation Ltd
- 17.13. Beijing PINS Medical Co Ltd
- 17.14. Renishaw Plc
- 17.15. Aleva Neurotherapeutics SA
- 18. Assumptions And Acronyms Used
- 19. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 02: Global Market Value (US$ Mn) Analysis, by Application, 2022 to 2027
Table 03: Global Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2027
Table 04: Global Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 05: Global Market Value (US$ Mn) Analysis, by Product, 2022 to 2027
Table 06: Global Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2027
Table 07: Global Market Value (US$ Mn) Analysis, by End User, 2017 to 2021
Table 08: Global Market Value (US$ Mn) Analysis, by End User, 2022 to 2027
Table 09: Global Market Value (US$ Mn) Opportunity Analysis, by End User, 2022 to 2027
Table 10: Global Market Value (US$ Mn) Analysis, by Region, 2017 to 2021
Table 11: Global Market Value (US$ Mn) Analysis, by Region, 2022 to 2027
Table 12: Global Market Value (US$ Mn) Opportunity Analysis, by Region, 2022 to 2027
Table 13: North America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 14: North America Market Value (US$ Mn) Analysis, by Country, 2022 to 2027
Table 15: North America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2027
Table 16: North America Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 17: North America Market Value (US$ Mn) Analysis, by Application, 2022 to 2027
Table 18: North America Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2027
Table 19: North America Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 20: North America Market Value (US$ Mn) Analysis, by Product, 2022 to 2027
Table 21: North America Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2027
Table 22: North America Market Value (US$ Mn) Analysis, by End User, 2017 to 2021
Table 23: North America Market Value (US$ Mn) Analysis, by End User, 2022 to 2027
Table 24: North America Market Value (US$ Mn) Opportunity Analysis, by End User, 2022 to 2027
Table 25: Latin America Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 26: Latin America Market Value (US$ Mn) Analysis, by Country, 2022 to 2027
Table 27: Latin America Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2027
Table 28: Latin America Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 29: Latin America Market Value (US$ Mn) Analysis, by Application, 2022 to 2027
Table 30: Latin America Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2027
Table 31: Latin America Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 32: Latin America Market Value (US$ Mn) Analysis, by Product, 2022 to 2027
Table 33: Latin America Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2027
Table 34: Latin America Market Value (US$ Mn) Analysis, by End User, 2017 to 2021
Table 35: Latin America Market Value (US$ Mn) Analysis, by End User, 2022 to 2027
Table 36: Latin America Market Value (US$ Mn) Opportunity Analysis, by End User, 2022 to 2027
Table 37: Europe Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 38: Europe Market Value (US$ Mn) Analysis, by Country, 2022 to 2027
Table 39: Europe Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2027
Table 40: Europe Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 41: Europe Market Value (US$ Mn) Analysis, by Application, 2022 to 2027
Table 42: Europe Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2027
Table 43: Europe Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 44: Europe Market Value (US$ Mn) Analysis, by Product, 2022 to 2027
Table 45: Europe Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2027
Table 46: Europe Market Value (US$ Mn) Analysis, by End User, 2017 to 2021
Table 47: Europe Market Value (US$ Mn) Analysis, by End User, 2022 to 2027
Table 48: Europe Market Value (US$ Mn) Opportunity Analysis, by End User, 2022 to 2027
Table 49: East Asia Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 50: East Asia Market Value (US$ Mn) Analysis, by Country, 2022 to 2027
Table 51: East Asia Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2027
Table 52: East Asia Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 53: East Asia Market Value (US$ Mn) Analysis, by Application, 2022 to 2027
Table 54: East Asia Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2027
Table 55: East Asia Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 56: East Asia Market Value (US$ Mn) Analysis, by Product, 2022 to 2027
Table 57: East Asia Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2027
Table 58: East Asia Market Value (US$ Mn) Analysis, by End User, 2017 to 2021
Table 59: East Asia Market Value (US$ Mn) Analysis, by End User, 2022 to 2027
Table 60: East Asia Market Value (US$ Mn) Opportunity Analysis, by End User, 2022 to 2027
Table 61: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 62: South Asia & Oceania Market Value (US$ Mn) Analysis, by Country, 2022 to 2027
Table 63: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2027
Table 64: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 65: South Asia & Oceania Market Value (US$ Mn) Analysis, by Application, 2022 to 2027
Table 66: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2027
Table 67: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 68: South Asia & Oceania Market Value (US$ Mn) Analysis, by Product, 2022 to 2027
Table 69: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2027
Table 70: South Asia & Oceania Market Value (US$ Mn) Analysis, by End User, 2017 to 2021
Table 71: South Asia & Oceania Market Value (US$ Mn) Analysis, by End User, 2022 to 2027
Table 72: South Asia & Oceania Market Value (US$ Mn) Opportunity Analysis, by End User, 2022 to 2027
Table 73: MEA Market Value (US$ Mn) Analysis, by Country, 2017 to 2021
Table 74: MEA Market Value (US$ Mn) Analysis, by Country, 2022 to 2027
Table 75: MEA Market Value (US$ Mn) Opportunity Analysis, by Country, 2022 to 2027
Table 76: MEA Market Value (US$ Mn) Analysis, by Application, 2017 to 2021
Table 77: MEA Market Value (US$ Mn) Analysis, by Application, 2022 to 2027
Table 78: MEA Market Value (US$ Mn) Opportunity Analysis, by Application, 2022 to 2027
Table 79: MEA Market Value (US$ Mn) Analysis, by Product, 2017 to 2021
Table 80: MEA Market Value (US$ Mn) Analysis, by Product, 2022 to 2027
Table 81: MEA Market Value (US$ Mn) Opportunity Analysis, by Product, 2022 to 2027
Table 82: MEA Market Value (US$ Mn) Analysis, by End User, 2017 to 2021
Table 83: MEA Market Value (US$ Mn) Analysis, by End User, 2022 to 2027
Table 84: MEA Market Value (US$ Mn) Opportunity Analysis, by End User, 2022 to 2027
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List Of Figures
Figure 01: Global Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 02: Global Market Value (US$ Mn) Forecast and Analysis, 2022 to 2027
Figure 03: Global Market Value Y-o-Y Growth and Forecast, 2017 to 2027
Figure 04: Global Market Incremental $ Opportunity, 2022 to 2027
Figure 05: Global Market Share and BPS Analysis by Application, 2022 & 2027
Figure 06: Global Market Y-o-Y Growth Projections by Application, 2022 to 2027
Figure 07: Global Market Attractiveness Analysis by Application, 2022 to 2027
Figure 08: Global Market Share and BPS Analysis by Product, 2022 & 2027
Figure 09: Global Market Y-o-Y Growth Projections by Product, 2022 to 2027
Figure 10: Global Market Attractiveness Analysis by Product, 2022 to 2027
Figure 11: Global Market Share and BPS Analysis by End User, 2022 & 2027
Figure 12: Global Market Y-o-Y Growth Projections by End User, 2022 to 2027
Figure 13: Global Market Attractiveness Analysis by End User, 2022 to 2027
Figure 14: Global Market Share and BPS Analysis by Region, 2022 & 2027
Figure 15: Global Market Y-o-Y Growth Projections by Region, 2022 to 2027
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2027
Figure 17: North America Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 18: North America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2027
Figure 19: North America Market Value Y-o-Y Growth and Forecast, 2022 to 2027
Figure 20: North America Market Incremental $ Opportunity, 2022 to 2027
Figure 21: North America Market Share Analysis by Country, 2022 & 2027
Figure 22: North America Market Y-o-Y Growth Projection by Country, 2022 to 2027
Figure 23: North America Market Attractiveness Analysis by Country, 2022 to 2027
Figure 24: North America Market Share and BPS Analysis by Application, 2022 & 2027
Figure 25: North America Market Y-o-Y Growth Projections by Application, 2022 to 2027
Figure 26: North America Market Attractiveness Analysis by Application, 2022 to 2027
Figure 27: North America Market Share and BPS Analysis by Product, 2022 & 2027
Figure 28: North America Market Y-o-Y Growth Projections by Product, 2022 to 2027
Figure 29: North America Market Attractiveness Analysis by Product, 2022 to 2027
Figure 30: North America Market Share and BPS Analysis by End User, 2022 & 2027
Figure 31: North America Market Y-o-Y Growth Projections by End User, 2022 to 2027
Figure 32: North America Market Attractiveness Analysis by End User, 2022 to 2027
Figure 33: Latin America Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 34: Latin America Market Value (US$ Mn) Forecast and Analysis, 2022 to 2027
Figure 35: Latin America Market Value Y-o-Y Growth and Forecast, 2017 to 2027
Figure 36: Latin America Market Incremental $ Opportunity, 2022 to 2027
Figure 37: Latin America Market Share Analysis by Country, 2022 & 2027
Figure 38: Latin America Market Y-o-Y Growth Projection by Country, 2022 to 2027
Figure 39: Latin America Market Attractiveness Analysis by Country, 2022 to 2027
Figure 40: Latin America Market Share and BPS Analysis by Application, 2022 & 2027
Figure 41: Latin America Market Y-o-Y Growth Projections by Application, 2022 to 2027
Figure 42: Latin America Market Attractiveness Analysis by Application, 2022 to 2027
Figure 43: Latin America Market Share and BPS Analysis by Product, 2022 & 2027
Figure 44: Latin America Market Y-o-Y Growth Projections by Product, 2022 to 2027
Figure 45: Latin America Market Attractiveness Analysis by Product, 2022 to 2027
Figure 46: Latin America Market Share and BPS Analysis by End User, 2022 & 2027
Figure 47: Latin America Market Y-o-Y Growth Projections by End User, 2022 to 2027
Figure 48: Latin America Market Attractiveness Analysis by End User, 2022 to 2027
Figure 49: Europe Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 50: Europe Market Value (US$ Mn) Forecast and Analysis, 2022 to 2027
Figure 51: Europe Market Value Y-o-Y Growth and Forecast, 2017 to 2027
Figure 52: Europe Market Incremental $ Opportunity, 2022 to 2027
Figure 53: Europe Market Share Analysis by Country, 2022 & 2027
Figure 54: Europe Market Y-o-Y Growth Projection by Country, 2022 to 2027
Figure 55: Europe Market Attractiveness Analysis by Country, 2022 to 2027
Figure 56: Europe Market Share and BPS Analysis by Application, 2022 & 2027
Figure 57: Europe Market Y-o-Y Growth Projections by Application, 2022 to 2027
Figure 58: Europe Market Attractiveness Analysis by Application, 2022 to 2027
Figure 59: Europe Market Share and BPS Analysis by Product, 2022 & 2027
Figure 60: Europe Market Y-o-Y Growth Projections by Product, 2022 to 2027
Figure 61: Europe Market Attractiveness Analysis by Product, 2022 to 2027
Figure 62: Europe Market Share and BPS Analysis by End User, 2022 & 2027
Figure 63: Europe Market Y-o-Y Growth Projections by End User, 2022 to 2027
Figure 64: Europe Market Attractiveness Analysis by End User, 2022 to 2027
Figure 65: East Asia Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 66: East Asia Market Value (US$ Mn) Forecast and Analysis, 2022 to 2027
Figure 67: East Asia Market Value Y-o-Y Growth and Forecast, 2017 to 2027
Figure 68: East Asia Market Incremental $ Opportunity, 2022 to 2027
Figure 69: East Asia Market Share Analysis by Country, 2022 & 2027
Figure 70: East Asia Market Y-o-Y Growth Projection by Country, 2022 to 2027
Figure 71: East Asia Market Attractiveness Analysis by Country, 2022 to 2027
Figure 72: East Asia Market Share and BPS Analysis by Application, 2022 & 2027
Figure 73: East Asia Market Y-o-Y Growth Projections by Application, 2022 to 2027
Figure 74: East Asia Market Attractiveness Analysis by Application, 2022 to 2027
Figure 75: East Asia Market Share and BPS Analysis by Product, 2022 & 2027
Figure 76: East Asia Market Y-o-Y Growth Projections by Product, 2022 to 2027
Figure 77: East Asia Market Attractiveness Analysis by Product, 2022 to 2027
Figure 78: East Asia Market Share and BPS Analysis by End User, 2022 & 2027
Figure 79: East Asia Market Y-o-Y Growth Projections by End User, 2022 to 2027
Figure 80: East Asia Market Attractiveness Analysis by End User, 2022 to 2027
Figure 81: South Asia & Oceania Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 82: South Asia & Oceania Market Value (US$ Mn) Forecast and Analysis, 2022 to 2027
Figure 83: South Asia & Oceania Market Value Y-o-Y Growth and Forecast, 2017 to 2027
Figure 84: South Asia & Oceania Market Incremental $ Opportunity, 2022 to 2027
Figure 85: South Asia & Oceania Market Share Analysis by Country, 2022 & 2027
Figure 86: South Asia & Oceania Market Y-o-Y Growth Projection by Country, 2022 to 2027
Figure 87: South Asia & Oceania Market Attractiveness Analysis by Country, 2022 to 2027
Figure 88: South Asia & Oceania Market Share and BPS Analysis by Application, 2022 & 2027
Figure 89: South Asia & Oceania Market Y-o-Y Growth Projections by Application, 2022 to 2027
Figure 90: South Asia & Oceania Market Attractiveness Analysis by Application, 2022 to 2027
Figure 91: South Asia & Oceania Market Share and BPS Analysis by Product, 2022 & 2027
Figure 92: South Asia & Oceania Market Y-o-Y Growth Projections by Product, 2022 to 2027
Figure 93: South Asia & Oceania Market Attractiveness Analysis by Product, 2022 to 2027
Figure 94: South Asia & Oceania Market Share and BPS Analysis by End User, 2022 & 2027
Figure 95: South Asia & Oceania Market Y-o-Y Growth Projections by End User, 2022 to 2027
Figure 96: South Asia & Oceania Market Attractiveness Analysis by End User, 2022 to 2027
Figure 97: MEA Market Value (US$ Mn) Historical Analysis, 2017 to 2021
Figure 98: MEA Market Value (US$ Mn) Forecast and Analysis, 2022 to 2027
Figure 99: MEA Market Value Y-o-Y Growth and Forecast, 2017 to 2027
Figure 100: MEA Market Incremental $ Opportunity, 2022 to 2027
Figure 101: MEA Market Share Analysis by Country, 2022 & 2027
Figure 102: MEA Market Y-o-Y Growth Projection by Country, 2022 to 2027
Figure 103: MEA Market Attractiveness Analysis by Country, 2022 to 2027
Figure 104: MEA Market Share and BPS Analysis by Application, 2022 & 2027
Figure 105: MEA Market Y-o-Y Growth Projections by Application, 2022 to 2027
Figure 106: MEA Market Attractiveness Analysis by Application, 2022 to 2027
Figure 107: MEA Market Share and BPS Analysis by Product, 2022 & 2027
Figure 108: MEA Market Y-o-Y Growth Projections by Product, 2022 to 2027
Figure 109: MEA Market Attractiveness Analysis by Product, 2022 to 2027
Figure 110: MEA Market Share and BPS Analysis by End User, 2022 & 2027
Figure 111: MEA Market Y-o-Y Growth Projections by End User, 2022 to 2027
Figure 112: MEA Market Attractiveness Analysis by End User, 2022 to 2027
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the brain implants market predicted to be valued by 2027?
By 2027, worldwide brain implant demand is anticipated to reach US$ 11.1 billion.
Which are the top companies in the brain implants market?
Medtronic, St. Jude Medical (Abbott), Boston Scientific Corporation, NeuroPace, Inc., and Synapse Biomedical Inc. are the top neural implant companies.
At what pace is the brain implants market expected to expand?
Global brain implant sales are estimated to surge at a CAGR of 11% from 2022 to 2027.
At present, what valuation does the brain implants market enjoy?
The global market for brain implants is currently valued at US$ 6.6 billion.
At what pace is the China brain implants market expected to evolve?
Brain implant sales in China are estimated to increase at 10% CAGR from 2022 to 2027.
Brain Implants Market