Australia Deep Brain Stimulation Devices Market Size & Outlook
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Australia deep brain stimulation devices market highlights
- The Australia deep brain stimulation devices market generated a revenue of USD 8.2 million in 2024 and is expected to reach USD 20.3 million by 2033.
- The Australia market is expected to grow at a CAGR of 10.7% from 2025 to 2033.
- In terms of segment, dual-channel was the largest revenue generating product in 2024.
- Single-channel is the most lucrative product segment registering the fastest growth during the forecast period.
Deep brain stimulation devices market data book summary
| Market revenue in 2024 | USD 8.2 million |
| Market revenue in 2033 | USD 20.3 million |
| Growth rate | 10.7% (CAGR from 2025 to 2033) |
| Largest segment | Dual-channel |
| Fastest growing segment | Single-channel |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Dual-channel, Single-channel |
| Key market players worldwide | Abbott Laboratories, Medtronic PLC, Boston Scientific Corp, Nexstim Oyj Registered Shs Reg S, LivaNova PLC, NeuroPace Inc |
Other key industry trends
- In terms of revenue, Australia accounted for 0.6% of the global deep brain stimulation devices market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In Asia Pacific, China deep brain stimulation devices market is projected to lead the regional market in terms of revenue in 2033.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 92.5 million by 2033.
Dual-channel was the largest segment with a revenue share of 68.29% in 2024. Horizon Databook has segmented the Australia deep brain stimulation devices market based on dual-channel, single-channel covering the revenue growth of each sub-segment from 2021 to 2033.
Australia deep brain stimulation devices market is expected to grow at a higher CAGR over the forecast period owing to increase in the prevalence of neurological disorders such as dystonia, epilepsy, and PD.
Moreover, such nonprofit organizations are initiating awareness programs for neurological diseases such as PD. Thus, such initiatives being undertaken by both government and nonprofit organizations are expected to boost the growth of Australia deep brain stimulation devices market.
The utilization of deep brain stimulation devices for epilepsy-related seizures has recently been approved in Australia and other countries. For instance, Medtronic Deep Brain Stimulation System for Epilepsy was approved by the FDA in April 2018.
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Deep Brain Stimulation Devices Market Scope
Deep Brain Stimulation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| NeuroPace Inc | View profile | 181 | 455 N. Bernardo Avenue, Mountain View, CA, United States, 94043 | https://www.neuropace.com |
| Nexstim Oyj Registered Shs Reg S | View profile | 37 | Elimaenkatu 9 B, Helsinki, Finland, FI-00510 | https://www.nexstim.com |
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Australia Product - Deep Brain Stimulation Devices Market size, 2024 - 2033 (US$M)
Australia Deep Brain Stimulation Devices Market Outlook Share, 2024 & 2033 (US$M)
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