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Brain Pacemaker Market Analysis By Product type (single channel and dual channel), By Applications (Parkinson’s, Alzheimer’s, Obsessive-compulsive disorder, Epilepsy, Brain tremors, etc.), By sales channel, By End user Forecasts to 2026

Brain Pacemaker Market Analysis By Product type (single channel and dual channel), By Applications (Parkinson’s, Alzheimer’s, Obsessive-compulsive disorder, Epilepsy, Brain tremors, etc.), By sales channel, By End user Forecasts to 2026

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WMR-Western Market Research has recently published a comprehensive and exclusive research report, which is an intelligent study covering all key segments. This research report provides breakthrough inputs and insights on market related factors like size, competition, trends, analysis, forecasts etc. The study encompasses primary and secondary data sources along with quantitative and qualitative practices thus assuring data accuracy.
The global brain pacemaker market is valued at USD 1,140.70 Million in 2018 and is expected to reach USD 3,740.81 Million by 2026, at a CAGR of 15.9 % from 2019 to 2026. Brain pacemaker is a device which is engineered for specific neutral targeting to customize therapy for patients with Parkinson’s disease and also other neurological diseases. It is considered as a milestone in the field of brain surgery. Brain pacemakers are also called deep brain stimulation devices, which are approved to treat several neurological conditions such as Alzheimers disease, Dystonia, and others.A brain pacemaker is an electrical device, which stimulates an electrical beat to the heart if there is an arrhythmia (irregular heartbeat). It is an electrical machine (also known as wireless artifact-free neuromodulation device), which sends electrical stimulation if there is an irregular electrical activity in the brain. The device is autonomous and wireless, which means once the device learns to identify the signs of seizures (or other improper electrical activities in the brain), it can regulate the stimulation parameters on its own to resist the irregular electrical movements of the brain. Also, the device is closed-loop and can deliver electrical signal and record electrical activities of the brain simultaneously and regulate the stimulation parameters in real-time. Customized integrated circuits in the device can record the full message from the brain waves and electrical pulses. Additionally, the device can record electrical activities of the brain over 128 channels or from 128 points located in the brain, while other closed-loop systems can measure electrical activities of the brain over eight channels.

Rise in prevalence of neurological disorders like Alzheimer’s, Parkinson’s, Epilepsy, across the world, and high rate of diagnosis and treatment of frontotemporal dementia, and other neuro-stimulation diseases are the critical factors driving the brain pacemaker market globally in the study period. However, stringent medical device regulatory norms and high costs associated with brain pacemakers are observed to restrain the growth of the global Brain pacemaker market in the analysis period. Technological advancements, ongoing clinical trials, increase in research and development investment by major players, and strategic agreements among key manufacturers are anticipated to trigger the demand of the global brain pacemaker market during the forecast period.single channel and dual channel,Parkinson’s, Alzheimer’s, Obsessive-compulsive disorder, Epilepsy, Brain tremors, etc.

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