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Global Brain Implants Market by Type (Bioresorbable Implants, Deep Brain Stimulators, Vagus Nerve Stimulators), Material (Platinum-Iridium, Stainless Steel, Tungsten), Indication, End-User - Forecast 2024-2030

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  • 195 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5887565
UP TO OFF until Dec 31st 2024
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The Brain Implants Market size was estimated at USD 1.72 billion in 2023, USD 1.86 billion in 2024, and is expected to grow at a CAGR of 9.88% to reach USD 3.33 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Brain Implants Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Brain Implants Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Brain Implants Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Aleva Neurotherapeutics SA, Beijing Pins Medical Co., Ltd., Boston Scientific Corporation, Cochlear Limited, CorTec GmbH, DBS Technologies Pty Ltd, Fisher Wallace, Functional Neuromodulation, Ltd., LivaNova PLC, Medtronic PLC, MicroTransponder Inc., Nalu Medical, Inc., NeuroPace Inc., NeuroSigma, Inc., Nevro Corporation, Nexstim Oyj, Paradromics Inc., Precision Neuroscience, Renishaw PLC, SceneRay Co., Ltd., SetPoint Medical, Synapse Biomedical Inc., Synchron, and Thermo Fisher Scientific Inc.

Market Segmentation & Coverage

This research report categorizes the Brain Implants Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Type
    • Bioresorbable Implants
    • Deep Brain Stimulators
    • Vagus Nerve Stimulators
  • Material
    • Platinum-Iridium
    • Stainless Steel
    • Tungsten
  • Indication
    • Alzheimer’s Disease
    • Chronic Pain
    • Epilepsy
    • Parkinson’s Disease
  • End-User
    • Hospitals
    • Neurology Clinics
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Brain Implants Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Brain Implants Market?
  3. What are the technology trends and regulatory frameworks in the Brain Implants Market?
  4. What is the market share of the leading vendors in the Brain Implants Market?
  5. Which modes and strategic moves are suitable for entering the Brain Implants Market?

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This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Brain Implants Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Rising prevalence of neurological disorders among population
5.1.1.2. Rising adoption of minimally invasive surgery
5.1.1.3. Awareness towards early diagnosis and treatments of neurological treatments
5.1.2. Restraints
5.1.2.1. High cost of brain implant products and surgeries
5.1.3. Opportunities
5.1.3.1. Growing rate of advanced new product development
5.1.3.2. Rising investments and initiatives towards advance healthcare facilities
5.1.4. Challenges
5.1.4.1. Risk and complications associated with neuro surgeries
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Brain Implants Market, by Type
6.1. Introduction
6.2. Bioresorbable Implants
6.3. Deep Brain Stimulators
6.4. Vagus Nerve Stimulators
7. Brain Implants Market, by Material
7.1. Introduction
7.2. Platinum-Iridium
7.3. Stainless Steel
7.4. Tungsten
8. Brain Implants Market, by Indication
8.1. Introduction
8.2. Alzheimer’s Disease
8.3. Chronic Pain
8.4. Epilepsy
8.5. Parkinson’s Disease
9. Brain Implants Market, by End-User
9.1. Introduction
9.2. Hospitals
9.3. Neurology Clinics
10. Americas Brain Implants Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Brain Implants Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Brain Implants Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Abbott Laboratories
14.1.2. Aleva Neurotherapeutics SA
14.1.3. Beijing Pins Medical Co., Ltd.
14.1.4. Boston Scientific Corporation
14.1.5. Cochlear Limited
14.1.6. CorTec GmbH
14.1.7. DBS Technologies Pty Ltd
14.1.8. Fisher Wallace
14.1.9. Functional Neuromodulation, Ltd.
14.1.10. LivaNova PLC
14.1.11. Medtronic PLC
14.1.12. MicroTransponder Inc.
14.1.13. Nalu Medical, Inc.
14.1.14. NeuroPace Inc.
14.1.15. NeuroSigma, Inc.
14.1.16. Nevro Corporation
14.1.17. Nexstim Oyj
14.1.18. Paradromics Inc.
14.1.19. Precision Neuroscience
14.1.20. Renishaw PLC
14.1.21. SceneRay Co., Ltd.
14.1.22. SetPoint Medical
14.1.23. Synapse Biomedical Inc.
14.1.24. Synchron
14.1.25. Thermo Fisher Scientific Inc.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
List of Figures
FIGURE 1. BRAIN IMPLANTS MARKET RESEARCH PROCESS
FIGURE 2. BRAIN IMPLANTS MARKET SIZE, 2023 VS 2030
FIGURE 3. BRAIN IMPLANTS MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BRAIN IMPLANTS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BRAIN IMPLANTS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BRAIN IMPLANTS MARKET DYNAMICS
FIGURE 7. BRAIN IMPLANTS MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. BRAIN IMPLANTS MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BRAIN IMPLANTS MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
FIGURE 10. BRAIN IMPLANTS MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. BRAIN IMPLANTS MARKET SIZE, BY INDICATION, 2023 VS 2030 (%)
FIGURE 12. BRAIN IMPLANTS MARKET SIZE, BY INDICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. BRAIN IMPLANTS MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 14. BRAIN IMPLANTS MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS BRAIN IMPLANTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS BRAIN IMPLANTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES BRAIN IMPLANTS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES BRAIN IMPLANTS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC BRAIN IMPLANTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC BRAIN IMPLANTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA BRAIN IMPLANTS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA BRAIN IMPLANTS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. BRAIN IMPLANTS MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. BRAIN IMPLANTS MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Abbott Laboratories
  • Aleva Neurotherapeutics SA
  • Beijing Pins Medical Co., Ltd.
  • Boston Scientific Corporation
  • Cochlear Limited
  • CorTec GmbH
  • DBS Technologies Pty Ltd
  • Fisher Wallace
  • Functional Neuromodulation, Ltd.
  • LivaNova PLC
  • Medtronic PLC
  • MicroTransponder Inc.
  • Nalu Medical, Inc.
  • NeuroPace Inc.
  • NeuroSigma, Inc.
  • Nevro Corporation
  • Nexstim Oyj
  • Paradromics Inc.
  • Precision Neuroscience
  • Renishaw PLC
  • SceneRay Co., Ltd.
  • SetPoint Medical
  • Synapse Biomedical Inc.
  • Synchron
  • Thermo Fisher Scientific Inc.

Methodology

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Table Information