Russia Deep Brain Stimulation Devices Market Size & Outlook
Russia deep brain stimulation devices market, 2018-2030 (US$M)
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Russia deep brain stimulation devices market highlights
- The Russia deep brain stimulation devices market generated a revenue of USD 8.2 million in 2023 and is expected to reach USD 13.2 million by 2030.
- The Russia market is expected to grow at a CAGR of 7% 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 8.2 million |
| Market revenue in 2030 | USD 13.2 million |
| Growth rate | 7% (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, Russia accounted for 0.7% 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 58.54% in 2023. Horizon Databook has segmented the Russia deep brain stimulation devices market based on single channel, dual channel covering the revenue growth of each sub-segment from 2018 to 2030.
Russia deep brain stimulation devices market is anticipated to exhibit moderate growth rate of 7.0 % over the forecast period due to increasing incidence of mental disorders and rapidly aging population. In addition, growing research initiatives and increasing investments for the development of novel procedures involving deep brain stimulation devices are expected to contribute to the market growth in the near future.
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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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Russia deep brain stimulation devices market size, by product, 2018-2030 (US$M)
Russia Deep Brain Stimulation Devices Market Outlook Share, 2023 & 2030 (US$M)
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