Turkey Deep Brain Stimulation Devices Market Size & Outlook
Turkey deep brain stimulation devices market, 2018-2030 (US$M)
Related Markets
Turkey deep brain stimulation devices market highlights
- The Turkey deep brain stimulation devices market generated a revenue of USD 8.4 million in 2023 and is expected to reach USD 17.3 million by 2030.
- The Turkey 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 8.4 million |
| Market revenue in 2030 | USD 17.3 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, Turkey 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 Middle East & Africa, South Africa deep brain stimulation devices market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 27.2 million by 2030.
Dual channel was the largest segment with a revenue share of 58.33% in 2023. Horizon Databook has segmented the Turkey deep brain stimulation devices market based on single channel, dual channel covering the revenue growth of each sub-segment from 2018 to 2030.
Rising awareness about treatment options for neurological diseases and improvements in clinical development framework of emerging economies are expected to drive the market growth in Turkey.
Moreover, rising prevalence of neurodegenerative & psychiatric disorders coupled with unmet demand for effective & long-term treatment solutions is expected to present lucrative growth opportunities for key players operating in the market.
Hospitals, rehabilitation centers, and nonprofit organizations are collectively taking efforts to raise awareness about PD challenges and treatment availability. For instance, Health Renova Hospital and School of Physical Therapy and Rehabilitation Center in Turkey are consistently focusing on organizing health awareness campaigns and offering proper care to patients.
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 |
|---|
Turkey deep brain stimulation devices market size, by product, 2018-2030 (US$M)
Turkey Deep Brain Stimulation Devices Market Outlook Share, 2023 & 2030 (US$M)
Related industry reports
Related regional 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
