South Africa Deep Brain Stimulation Devices Market Size & Outlook
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South Africa deep brain stimulation devices market highlights
- The South Africa deep brain stimulation devices market generated a revenue of USD 9.7 million in 2024 and is expected to reach USD 25.5 million by 2033.
- The South Africa market is expected to grow at a CAGR of 11.2% 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 9.7 million |
| Market revenue in 2033 | USD 25.5 million |
| Growth rate | 11.2% (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, South Africa accounted for 0.7% 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 Middle East & Africa, UAE deep brain stimulation devices market is projected to lead the regional market in terms of revenue in 2033.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 32.2 million by 2033.
Dual-channel was the largest segment with a revenue share of 68.04% in 2024. Horizon Databook has segmented the South Africa deep brain stimulation devices market based on dual-channel, single-channel covering the revenue growth of each sub-segment from 2021 to 2033.
South Africa deep brain stimulation devices market is expected to grow at a considerably faster rate in coming years owing to increasing support from government and nonprofit organizations. There has been an increase in the number of nonprofit organizations such as World Parkinson Coalition, the Parkinson's Association of South Africa, and Alzheimer's South Africa.
These organizations aim at creating awareness about neurological disorders, especially Alzheimer's disease & PD, and raise funds for families of affected patients. Presence of such organizations is expected to fuel the market growth over the forecast period.
Furthermore, increasing healthcare expenditure and rising adoption of advanced healthcare facilities are major factors driving the market. Such factors are expected to create opportunities in South Africa deep brain stimulation devices market, leading to entry of new and key players in the market.
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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 |
South Africa Product - Deep Brain Stimulation Devices Market size, 2024 - 2033 (US$M)
South Africa Deep Brain Stimulation Devices Market Outlook Share, 2024 & 2033 (US$M)
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