July 19, 2016, DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Deep Brain Stimulation Market 2016-2020" report to their offering.
he report forecasts the global DBS market to grow at a CAGR of 10.59% during the period 2016-2020.
To improve the recovery of motor functions, manufacturers are focusing on combining neuroprosthetic technologies with pharmacological and electrical neuromodulation therapies for the brain, brainstem, and spinal cord. This device is known as hybrid neuroprosthetic devices. In this device, the pharmacological components used include a catheter implanted in the brain tissue and a subcutaneously placed drug reservoir, which can be periodically refilled. A micro-computer is fixed closer to these components, which analyzes the electrophysical data and controls the reservoir. This combination of two technologies can result in much efficient and effective treatment of diseases.

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According to the report, most DBS systems have received the CE mark in Europe and then received approval in the US. Frequent approvals by regulatory services boost the market growth. The rise in the number of products seeking approval may help the market grow at a rapid pace during the forecast period.
Further, the report states that the high cost of DBS therapy hinders the market growth.
Key Vendors:
Boston Scientific Corp.
Medtronic plc
St. Jude Medical Inc.
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Potential applications of DBS
PART 06: Cost of DBS system components and implantation
PART 07: Market landscape
PART 08: Market segmentation by application
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
PART 16: Key vendor analysis
PART 17: Appendix
For more information visit http://www.researchandmarkets.com/research/chbcjd/global_deep_brain.