Ireland Deep Brain Stimulation Devices Market Size & Outlook
Ireland deep brain stimulation devices market, 2018-2030 (US$M)
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Ireland deep brain stimulation devices market highlights
- The Ireland deep brain stimulation devices market generated a revenue of USD 16.2 million in 2023 and is expected to reach USD 33.4 million by 2030.
- The Ireland market is expected to grow at a CAGR of 10.9% from 2024 to 2030.
- In terms of segment, dual channel was the largest revenue generating product in 2023.
- 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 2023 | USD 16.2 million |
| Market revenue in 2030 | USD 33.4 million |
| Growth rate | 10.9% (CAGR from 2023 to 2030) |
| Largest segment | Dual channel |
| Fastest growing segment | Single Channel |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Single Channel, Dual 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, Ireland accounted for 1.4% of the global deep brain stimulation devices market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany deep brain stimulation devices market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 28.7 million by 2030.
Dual channel was the largest segment with a revenue share of 58.02% in 2023. Horizon Databook has segmented the Ireland deep brain stimulation devices market based on single channel, dual channel covering the revenue growth of each sub-segment from 2018 to 2030.
The deep brain stimulation devices market in Ireland is projected to exhibit constant growth rate of 10.5%over the forecast period. This can be attributed to the presence of well-established healthcare system and its favorable procurement policies.
Moreover, increase in geriatric population and rise in the prevalence of neurological disorders are expected to boost the market growth. New research initiatives and government funding are expected to further fuel the market growth.
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Deep Brain Stimulation Devices Market Scope
Deep Brain Stimulation Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Ireland deep brain stimulation devices market size, by product, 2018-2030 (US$M)
Ireland Deep Brain Stimulation Devices Market Outlook Share, 2023 & 2030 (US$M)
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