Deep Brain Stimulation Devices Market Expands, Aiming for USD 3.5 Billion Valuation by 2033
The Deep Brain Stimulation Devices Market is poised for considerable growth, projected to expand from USD 1.3 billion in 2023 to USD 3.5 billion by 2033, achieving a compound annual growth rate (CAGR) of 10.2% over this period. This growth is largely driven by the increasing incidence of neurological disorders such as Parkinson's disease, which dominates the application segment due to its prevalence and the effectiveness of deep brain stimulation in managing its symptoms. The market is further bolstered by technological advancements in the devices themselves, which enhance their effectiveness and ease of use. Challenges in this market include the…
- Date: May 9, 2024
- Author: Robert Shaw
- Category: PharmiWeb