Middle East & Africa Deep Brain Simulation Market
Robotic implantation, multi-target stimulation, improved microelectrode designs, rechargeable pulse generators, and personalized, targeted programming are among the technological advancements in deep brain stimulation (DBS). Owing to these advancements, DBS devices show fewer side effects and improved efficacy and symptom relief in Parkinson's patients compared to traditional methods. Abbott's Infinity Deep Brain Stimulation System is a technologically advanced new DBS that helps the patients manage their symptoms. It is the first wireless iOS software DBS mobile platform that has offered efficient and personalized therapy management with reduced risk of side effects. Therefore, technological advancements in DBS are expected to create opportunities for the global deep brain stimulation market during the forecast period.
As per an article published in the Journal of Family Medicine and Primary Care, titled "Public knowledge and awareness about Parkinson's disease in Saudi Arabia," the prevalence of PD in Saudi Arabia has been estimated to be 27 per 100,000 population. According to United Nations Population Fund Report 2021, Saudi Arabia is undergoing a demographic transition as the number of persons aged 60 and above is expected to increase from 2 million (5.9% of the total population) in 2020 to 10.5 million (23.7%) by 2050. The prevalence rate of neurological diseases is high among older adults, affecting 5–55% of people aged 55 and older. They are prone to adverse health outcomes, including mortality, disability, institutionalization, and hospitalization, as DBS is the most commonly performed surgical treatment for Parkinson’s. Thus, the growing aging population and rising prevalence of PD are expected to boost the deep brain stimulator market in Saudi Arabia during the forecast period.
The Middle East & Africa deep brain simulation market is segmented into product, application, end user, and country.
Based on product, the Middle East & Africa deep brain simulation market is segmented into single channel deep brain stimulator, dual channel deep brain stimulator, and software and accessories. In 2022, the dual channel deep brain stimulator segment registered the largest share in the Middle East & Africa deep brain simulation market.
Based on application, the Middle East & Africa deep brain simulation market is segmented into Parkinson’s disease, tremor, dystonia, epilepsy, Alzheimer’s disease, and others. In 2022, the Parkinson’s disease segment registered the largest share in the Middle East & Africa deep brain simulation market.
Based on end user, the Middle East & Africa deep brain simulation market is segmented into hospitals, neurology clinics, ambulatory surgical centers, and others. In 2022, the hospitals segment registered the largest share in the Middle East & Africa deep brain simulation market.
Based on country, the Middle East & Africa deep brain simulation market is segmented into Saudi Arabia, South Africa, the UAE, and the Rest of Middle East & Africa. In 2022, Saudi Arabia registered the largest share in the Middle East & Africa deep brain simulation market.
Abbott, Medtronic, Boston Sci, and Aleva Neurotherapeutics SA are some of the leading companies operating in the Middle East & Africa deep brain simulation market.
Strategic insights for the Middle East & Africa Deep Brain Simulation provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.
| Report Attribute | Details |
|---|---|
| Market size in 2022 | US$ 25.64 Million |
| Market Size by 2030 | US$ 46.72 Million |
| Global CAGR (2022 - 2030) | 7.8% |
| Historical Data | 2020-2021 |
| Forecast period | 2023-2030 |
| Segments Covered |
By Product
|
| Regions and Countries Covered | Middle East and Africa
|
| Market leaders and key company profiles |
The geographic scope of the Middle East & Africa Deep Brain Simulation refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.
1. Abbott
2. Medtronic
3. Boston Sci
4. Aleva Neurotherapeutics SA
The Middle East & Africa Deep Brain Simulation Market is valued at US$ 25.64 Million in 2022, it is projected to reach US$ 46.72 Million by 2030.
As per our report Middle East & Africa Deep Brain Simulation Market, the market size is valued at US$ 25.64 Million in 2022, projecting it to reach US$ 46.72 Million by 2030. This translates to a CAGR of approximately 7.8% during the forecast period.
The Middle East & Africa Deep Brain Simulation Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Deep Brain Simulation Market report:
The Middle East & Africa Deep Brain Simulation Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Deep Brain Simulation Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Deep Brain Simulation Market value chain can benefit from the information contained in a comprehensive market report.
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