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Deep Brain Stimulation Devices Market By Modality (Subthalamic Nucleus (STN) DBS, Globus Pallidus Interna (GPi) DBS, Thalamus (Vim) DBS), By Application (Parkinson’s Disease, Epilepsy, Obsessive Compulsive Disorder (OCD), Dystonia, Essential Tremors) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Published: | Report ID: 4780 | Report Format : PDF

The global air traffic control equipment market is expected to expand at a CAGR of 5.8% during the forecast period from 2018 to 2026. Air traffic has grown over the last few years on the back of recovering economic conditions worldwide. Improving discretionary income has had a positive impact on both corporate and leisure air travel in recent years. The number of air passengers is expected to double within the next 20 years, and consequently, the number of aircraft and airport hubs will surge, attracting parallel investments in airport infrastructure during the forecast period from 2018 to 2026. In addition, stringent aviation regulations promoting security, safety, and effective air traffic management, together with advancements in microelectronics, will trigger the replacement of conventional air traffic equipment with advanced variants.

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Market Synopsis

Communication Equipment to Dominate; Surveillance Equipment to Register Strong Growth

Communication equipment, being integral to the seamless exchange of information between airport traffic centers and aircraft pilots, represents the largest segment in the global air traffic control equipment market. The trend is expected to remain resilient, primarily supported by the replacement of conventional systems with advanced digital variants. On the other hand, surveillance equipment is projected to register maximum growth during the forecast period from 2018 to 2026. Growing security fears in view of rising terrorist threats are identified as the major factor driving demand for air traffic surveillance equipment at airports. Compliance with international as well as domestic aviation legislation will further support the deployment of surveillance equipment at airports.

Europe to Dominate; Asia Pacific to Register Steady Growth

In terms of value contribution, Europe was the major air traffic control equipment market in 2017, closely trailed by North America. In the same year, their collective contribution to global air traffic control equipment was more than 62 percent. The dominance of these regions is backed by initiatives taken by the governments to secure and effectively manage air traffic. On the other hand, strong growth in the commercial aviation sector in Asia Pacific has positioned the region as the fastest-growing market for air traffic control equipment. This growth is expected to remain buoyant, making the region the most attractive air traffic control equipment market well beyond the forecast period. In addition, free trade agreements between emerging economies in the region and the ensuing air freight are driving demand for air traffic control equipment in the region.

Key Players:

Some of the leading manufacturers profiled in the study include Raytheon Company, Northrop Grumman Corporation, Frequentis AG, Searidge Technologies Inc., NavAero Inc., Becker Avionics Inc., Lockheed Martin Corporation, Indra Sistemas SA, Advanced Navigation & Positioning Corporation Inc., Harris Corporation, BAE Systems Plc, and Cobham Plc, among others. Because contracts with defense and airport authorities account for a significant portion of air traffic control equipment sales, manufacturers are focused on establishing long-term relationships with the government and the relevant airport authorities.

Periods of History and Forecast

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2016 to 2026, considering 2017 as the base year for the research. The CAGR (compound annual growth rate) for each segment and sub-segment is calculated for the forecast period from 2018 to 2026.

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Key questions are answered in this report.

  • What was the size of the global air traffic control equipment market in 2016 and 2017?
  • What are the estimated forecast and market projections up to 2026?
  • Which is the largest regional market for air traffic control equipment?
  • Which end-use segment has the largest penetration of air traffic control equipment?
  • Which is the most preferred type of air traffic control equipment at airports?
  • Predominant trends shaping the global air traffic control equipment market worldwide
  • Which is the most attractive and promising end-use segment in the global air traffic control equipment market?
  • Who are the leading manufacturers in the global air traffic control equipment market?
  • What are the key strategies adopted by the leading manufacturers in the global air traffic control equipment market?

Chapter 1. Preface
1.1. Report Description
1.1.1. Study Purpose
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Market Segmentation
1.3. Research Scope
1.4. Research Methodology
1.4.1. Phase I – Secondary Research
1.4.2. Phase II – Primary Research
1.4.3. Phase III – Expert Panel Review
1.4.4. Assumptions
1.5. Market Segmentation

Chapter 2. Executive Summary
2.1. Global DBSD Market Portraiture
2.2. Global DBSD Market, by Modality, 2017 (US$ Mn)
2.3. Global DBSD Market, by Application, 2017 (US$ Mn)
2.4. Global DBSD Market, by Geography, 2017 (US$ Mn)

Chapter 3. Global Deep Brain Stimulation Devices (DBSD) Market: Dynamics and Future Outlook
3.1. Overview
3.2. Drivers
3.3. Challenges
3.4. Opportunities
3.5. Attractive Investment Proposition, by Geography, 2017
3.6. Competitive Analysis: Global DBSD Market, by Key Players, 2017

Chapter 4. Global Deep Brain Stimulation Devices (DBSD) Market, by Modality, 2016-2026 (US$ Mn)
4.1. Overview
4.2. Subthalamic Nucleus (STN) DBS
4.3. Globus Pallidus Interna (GPi) DBS
4.4. Thalamus (Vim) DBS

Chapter 5. Global Deep Brain Stimulation Devices (DBSD) Market, by Application, 2016-2026 (US$ Mn)
5.1. Overview
5.2. Parkinson’s Disease
5.3. Epilepsy
5.4. Obsessive Compulsive Disorder (OCD)
5.5. Dystonia
5.6. Essential Tremors

Chapter 6. Global Deep Brain Stimulation Devices (DBSD) Market, by Geography, 2016 – 2026 (US$ Mn)
6.1. Overview
6.1.1. North America DBSD Market, 2016-2026 (US$ Mn)
6.1.2. North America DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
6.1.3. North America DBSD Market, by Application, 2016 – 2026 (US$ Mn)
6.1.4. North America DBSD Market, by Country, 2016 – 2026 (US$ Mn)
6.1.4.1. U.S.
6.1.4.2. Canada
6.2. Europe DBSD Market, 2016 – 2026 (US$ Mn)
6.2.1. Europe DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
6.2.2. Europe DBSD Market, by Application, 2016 – 2026 (US$ Mn)
6.2.3. Europe DBSD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.2.3.1. U.K.
6.2.3.2. Germany
6.2.3.3. Rest of Europe
6.3. Asia Pacific DBSD Market, 2016 – 2026 (US$ Mn)
6.3.1. Asia Pacific DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
6.3.2. Asia Pacific DBSD Market, by Application, 2016 – 2026 (US$ Mn)
6.3.3. Asia Pacific DBSD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.3.3.1. China
6.3.3.2. Japan
6.3.3.3. Rest of Asia Pacific
6.4. Latin America DBSD Market, 2016 – 2026 (US$ Mn)
6.4.1. Latin America DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
6.4.2. Latin America DBSD Market, by Application, 2016 – 2026 (US$ Mn)
6.4.3. Latin America DBSD Market, by Country/Region, 2016 – 2026 (US$ Mn)
6.4.3.1. Brazil
6.4.3.2. Mexico
6.4.3.3. Rest of Latin America
6.5. Middle East & Africa DBSD Market, 2016 – 2026 (US$ Mn)
6.5.1. Middle East & Africa DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
6.5.2. Middle East & Africa DBSD Market, by Application, 2016 – 2026 (US$ Mn)
6.5.3. Middle East & Africa DBSD Market, by Region, 2016 – 2026 (US$ Mn)
6.5.3.1. GCC
6.5.3.2. Rest of Middle East & Africa

Chapter 7. Company Profiles
7.1. Medtronic Plc
7.1.1. Business Description
7.1.2. Financial Information (Subject to Data Availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. Boston Scientific Corporation
7.3. Abbott (St. Jude Medical, Inc.)
7.4. Aleva Neurotherapeutics SA
7.5. NeuroPace, Inc.
7.6. PINS Medical Co., Ltd.

List of Figures

FIG 1. Deep Brain Stimulation Devices (DBSD) Market: Research Methodology
FIG 2. DBSD Market Segmentation
FIG 3. Global DBSD Market, by Modality, 2017 (US$ Mn)
FIG 4. Global DBSD Market, by Application, 2017 (US$ Mn)
FIG 5. Global DBSD Market, by Geography, 2017 (US$ Mn)
FIG 6. Attractive Investment Proposition, by Geography, 2017
FIG 7. Competitive Analysis: Global DBSD Market, by Key Players, 2017
FIG 8. Global Subthalamic Nucleus (STN) DBS Devices Market, 2016-2026(US$ Mn)
FIG 9. Global Globus Pallidus Interna (GPi) DBS Devices Market, 2016-2026 (US$ Mn)
FIG 10. Global Thalamus (Vim) DBS Devices Market, 2016-2026 (US$ Mn)
FIG 11. Global DBSD Market for Parkinson’s Disease, 2016-2026 (US$ Mn)
FIG 12. Global DBSD Market for Epilepsy, 2016-2026 (US$ Mn)
FIG 13. Global DBSD Market for Obsessive Compulsive Disorder (OCD), 2016-2026 (US$ Mn)
FIG 14. Global DBSD Market for Dystonia, 2016-2026 (US$ Mn)
FIG 15. Global DBSD Market for Essential Tremors, 2016-2026 (US$ Mn)
FIG 16. U.S. DBSD Market, 2016-2026 (US$ Mn)
FIG 17. Canada DBSD Market, 2016-2026 (US$ Mn)
FIG 18. U.K. DBSD Market, 2016-2026 (US$ Mn)
FIG 19. Germany DBSD Market, 2016-2026 (US$ Mn)
FIG 20. Rest of Europe DBSD Market, 2016-2026 (US$ Mn)
FIG 21. China DBSD Market, 2016-2026 (US$ Mn)
FIG 22. Japan DBSD Market, 2016-2026 (US$ Mn)
FIG 23. Rest of Asia Pacific DBSD Market, 2016-2026 (US$ Mn)
FIG 24. Brazil DBSD Market, 2016-2026 (US$ Mn)
FIG 25. Mexico DBSD Market, 2016-2026 (US$ Mn)
FIG 26. Rest of Latin America DBSD Market, 2016-2026 (US$ Mn)
FIG 27. GCC DBSD Market, 2016-2026 (US$ Mn)
FIG 28. Rest of Middle East and Africa DBSD Market, 2016-2026 (US$ Mn)

List of Tables

TABLE 1 Global Deep Brain Stimulation Devices (DBSD) Market Portraiture
TABLE 2 Global DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
TABLE 3 Global DBSD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 4 North America DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
TABLE 5 North America DBSD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 6 North America DBSD Market, by Country, 2016 – 2026 (US$ Mn)
TABLE 7 Europe DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
TABLE 8 Europe DBSD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 9 Europe DBSD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 10 Asia Pacific DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
TABLE 11 Asia Pacific DBSD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 12 Asia Pacific DBSD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 13 Latin America DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
TABLE 14 Latin America DBSD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 15 Latin America DBSD Market, by Country/Region, 2016 – 2026 (US$ Mn)
TABLE 16 Middle East and Africa DBSD Market, by Modality, 2016 – 2026 (US$ Mn)
TABLE 17 Middle East and Africa DBSD Market, by Application, 2016 – 2026 (US$ Mn)
TABLE 18 Middle East and Africa DBSD Market, by Region, 2016 – 2026 (US$ Mn)
TABLE 19 Medtronic Plc: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 20 Boston Scientific Corporation: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 21 Abbott (St. Jude Medical, Inc.): Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 22 Aleva Neurotherapeutics SA: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 23 NeuroPace, Inc.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)
TABLE 24 PINS Medical Co., Ltd.: Company Snapshot (Business Description; Financial Information; Product Portfolio; Key Developments)

Frequently Asked Questions:

What is the size of Deep Brain Stimulation Devices Market?

The market for Deep Brain Stimulation Devices Market is expected to reach US$ XXMn by 2026.

What is the Deep Brain Stimulation Devices Market CAGR?

The Deep Brain Stimulation Devices Market is expected to see significant CAGR growth over the coming years, at 5.8%.

What is the Forecast period considered for Deep Brain Stimulation Devices Market?

The report is forecasted from 2018-2026.

What is the base year considered for Deep Brain Stimulation Devices Market?

The base year of this report is 2017.

Who are the major players in this market?

Raytheon Company, Northrop Grumman Corporation, Frequentis AG, Searidge Technologies Inc., NavAero Inc., Becker Avionics Inc., Lockheed Martin Corporation, Indra Sistemas SA, Advanced Navigation & Positioning Corporation Inc. are some of the major players in the global market.

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