Saudi Arabia Deep Brain Stimulation Devices Market Size & Outlook
Related Markets
Saudi Arabia deep brain stimulation devices market highlights
- The Saudi Arabia deep brain stimulation devices market generated a revenue of USD 5.1 million in 2024 and is expected to reach USD 20.2 million by 2033.
- The Saudi Arabia market is expected to grow at a CAGR of 16.3% 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 5.1 million |
| Market revenue in 2033 | USD 20.2 million |
| Growth rate | 16.3% (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, Saudi Arabia accounted for 0.4% 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 Middle East & Africa, UAE deep brain stimulation devices market is projected to lead the regional market in terms of revenue in 2033.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 32.2 million by 2033.
Dual-channel was the largest segment with a revenue share of 72.55% in 2024. Horizon Databook has segmented the Saudi Arabia deep brain stimulation devices market based on dual-channel, single-channel covering the revenue growth of each sub-segment from 2021 to 2033.
Saudi Arabia deep brain stimulation devices market is anticipated to grow at significant rate during the forecast period owing to improving healthcare infrastructure and increasing incidence of PD & essential tremor in the country.
Moreover, increase in disposable income due to economic growth and urbanization is anticipated to create lucrative growth opportunities for the market. Thus, key players in the market are strategically expanding their presence in the region and focusing on commercialization of their products at a relatively affordable price.
For instance, during FY 2018, Abbott received approval for its Infinity DBS system in Saudi Arabia for treatment of essential tremor and PD. The government of Saudi Arabia is diverting funds toward creating a robust healthcare infrastructure by developing new hospitals.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
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 |
Saudi Arabia Product - Deep Brain Stimulation Devices Market size, 2024 - 2033 (US$M)
Saudi Arabia Deep Brain Stimulation Devices Market Outlook Share, 2024 & 2033 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
