Brazil Deep Brain Stimulation Devices Market Size & Outlook
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Brazil deep brain stimulation devices market highlights
- The Brazil deep brain stimulation devices market generated a revenue of USD 15.0 million in 2024 and is expected to reach USD 41.0 million by 2033.
- The Brazil market is expected to grow at a CAGR of 11.8% 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 15.0 million |
| Market revenue in 2033 | USD 41.0 million |
| Growth rate | 11.8% (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, Brazil accounted for 1.1% 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 Latin America, Brazil deep brain stimulation devices market is projected to lead the regional market in terms of revenue in 2033.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 29.5 million by 2033.
Dual-channel was the largest segment with a revenue share of 70% in 2024. Horizon Databook has segmented the Brazil deep brain stimulation devices market based on dual-channel, single-channel covering the revenue growth of each sub-segment from 2021 to 2033.
In addition, presence of hospitals with well established infrastructure in Brazil attracts patients from other countries for treatment of various neurological diseases. Moreover, owing to rising incidence of epilepsy & PD and lack of awareness about their treatment, various government organizations are organizing awareness programs.
For instance, in November 2017, the Brazilian Association of Epilepsy (ABE) launched a new program to increase awareness about epilepsy among children. Thus, increasing awareness coupled with rising prevalence of neurological diseases is expected to boost the adoption of deep brain stimulation devices in the country.
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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 |
Brazil Product - Deep Brain Stimulation Devices Market size, 2024 - 2033 (US$M)
Brazil Deep Brain Stimulation Devices Market Outlook Share, 2024 & 2033 (US$M)
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