Market revenue in 2024 | USD 9.1 million |
Market revenue in 2030 | USD 17.2 million |
Growth rate | 11.5% (CAGR from 2025 to 2030) |
Largest segment | Dystonia |
Fastest growing segment | Epilepsy |
Historical data | 2018 - 2023 |
Base year | 2024 |
Forecast period | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Pain Management, Epilepsy, Essential Tremor, Obsessive Compulsive Disorder (OCD), Parkinsons Disease, Depression, Dystonia |
Key market players worldwide | Abbott Laboratories, Medtronic PLC, Boston Scientific Corp, Nexstim Oyj Registered Shs Reg S, LivaNova PLC, NeuroPace Inc |
Dystonia was the largest segment with a revenue share of 71.43% in 2024. Horizon Databook has segmented the Singapore deep brain stimulation devices market based on pain management, epilepsy, essential tremor, obsessive compulsive disorder (ocd), parkinsons disease, depression, dystonia covering the revenue growth of each sub-segment from 2018 to 2030.
Moreover, this country has an open trade policy, thus it has no barriers to trade and custom duties on medical devices. Thus, adoption of neurostimulators for deep brain stimulation is expected to grow in the coming years.
Furthermore, Singapore offers universal coverage and large government subsidies are available to assist patients with critical care needs although private & government administered medical insurance is available.
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