India Deep Brain Stimulation Devices Market Size & Outlook
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India deep brain stimulation devices market highlights
- The India deep brain stimulation devices market generated a revenue of USD 14.7 million in 2024 and is expected to reach USD 61.4 million by 2033.
- The India market is expected to grow at a CAGR of 17.3% 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 14.7 million |
| Market revenue in 2033 | USD 61.4 million |
| Growth rate | 17.3% (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, India accounted for 1.0% 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 70.75% in 2024. Horizon Databook has segmented the India deep brain stimulation devices market based on dual-channel, single-channel covering the revenue growth of each sub-segment from 2021 to 2033.
India is anticipated to be the most prominent deep brain stimulation devices market owing to the increase in prevalence of brain-associated disorders such as PD and epilepsy. Moreover, the geriatric population is more susceptible to neurological disorders such as PD, brain stroke, OCD, and epilepsy.
Thus, the incidence of such disorders is expected to increase in the next 10 years, which is likely to create growth opportunities in deep brain stimulation devices market over the forecast period. In addition, growing need for quality healthcare and lack of matching delivery mechanisms are not only challenges in this field but also growth opportunities in the market.
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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 |
India Product - Deep Brain Stimulation Devices Market size, 2024 - 2033 (US$M)
India Deep Brain Stimulation Devices Market Outlook Share, 2024 & 2033 (US$M)
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