Spain Deep Brain Stimulation Devices Market Size & Outlook
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Spain deep brain stimulation devices market highlights
- The Spain deep brain stimulation devices market generated a revenue of USD 16.9 million in 2024 and is expected to reach USD 36.5 million by 2033.
- The Spain market is expected to grow at a CAGR of 9% 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 16.9 million |
| Market revenue in 2033 | USD 36.5 million |
| Growth rate | 9% (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, Spain accounted for 1.2% 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 Europe, Germany deep brain stimulation devices market is projected to lead the regional market in terms of revenue in 2033.
- France is the fastest growing regional market in Europe and is projected to reach USD 63.5 million by 2033.
Dual-channel was the largest segment with a revenue share of 67.46% in 2024. Horizon Databook has segmented the Spain deep brain stimulation devices market based on dual-channel, single-channel covering the revenue growth of each sub-segment from 2021 to 2033.
Spain deep brain stimulation devices market is primarily driven by the rising incidence of neurological disorders such as epilepsy and PD in this country. According to FEEN report, around 400,000 people were living with epilepsy in Spain as of 2017.
Similarly, according to NCBI, around 300,000 people are living with PD in Spain. Furthermore, increase in research activities for developing advanced deep brain stimulation devices is expected to boost the market growth.
For instance, in September 2017 the University Hospital of Bellvitge performed MRI for the first time of an OCD patient with deep brain stimulation devices. In addition, increasing healthcare expenditure is expected to drive the market growth. For instance, in 2018, Spain spent USD 3,323 per capita on healthcare.
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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 |
Spain Product - Deep Brain Stimulation Devices Market size, 2024 - 2033 (US$M)
Spain Deep Brain Stimulation Devices Market Outlook Share, 2024 & 2033 (US$M)
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