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Asia Pacific Brain Implants Market - Opportunities and Forecasts, 2017 - 2023

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    Report

  • September 2019
  • Region: Asia Pacific
  • Allied Market Research
  • ID: 3773195
Brain implants, also called as neural implants are directly attached to the brain and are used to restore the normal functioning of brain, wherein the functioning of brain has been altered due to the damages like head injuries or strokes. The brain implants can be attached either on the surface of the brain i.e., on gyri and sulci, or they can be attached to the cortex of the brain. The brain implants market has witnessed vertical growth in the past few decades and this trend is expected to continue during the forecast period. This growth would be driven by rising incidences of Parkinsons disease, obsessive compulsive disorder, increase in aging populations, high adoption rates in developed countries, and medical tourism. The low adoption rates in developing and underdeveloped regions are the key restraints.

The Asia Pacific brain implants market can be segmented on the basis of technology into vagus nerve stimulator (VNS), spinal cord stimulator (SCS) and deep brain stimulator (DBS). The VNS is used to treat epilepsy and depression, SCS is used to treat chronic pain, and DBS is used to treat dystonia, depression, obsessive compulsive disorder, and essential tremor. The Asia Pacific physiotherapy equipment market is segmented into China, Japan, India, Australia and others. This region is expected to emerge as potential market in the future. This growth is supplemented by the rising geriatric population, particularly in countries like Japan, increasing adoption rate, and improving government support for healthcare.

KEY TAKE AWAYS

This report provides in-depth coverage of the Asia Pacific brain implants market including drivers, restraints, and opportunities that would help manufacturers to better understand market behavior
The projections in this report are made by analyzing the current market trends and future market potential for the period 20132020 in terms of value
Detailed study of the strategies of key leaders, partnerships and acquisitions in the Asia Pacific brain implants market would be informative for professionals in the corporate sector
Porters Five Forces analysis examines the competitive structure of the Asia Pacific brain implants market and would assist market strategists in making decisions
Pin-point analysis of geographic segments helps to identify opportunities for growth within the Asia Pacific brain implants market
Market attractiveness analysis has been included for devices and geographic regions with detailed analysis of factors responsible for rapid growth of the market segments
Ease of doing business analysis should help in making strategic business decisions

ASIA PACIFIC BRAIN IMPLANTS MARKET KEY SEGMENTS

The Asia Pacific brain implants market is segmented into three major categories: technology, application, and geography.

BY TECHNOLOGY

Vagus nerve stimulator (VNS)
Deep brain stimulator (DBS)
Spinal cord stimulator (SCS)

BY APPLICATION

Epilepsy
Parkinsons disease
Obsessive compulsive disorder
Depression
Essential tremor
Chronic pain
Dystonia
Others

BY GEOGRAPHY

China
Japan
India
Australia
Others

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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