The global brain implants market size was valued at USD 3.01 billion in 2016.
Rising incidence of neurological disorders such as Parkinson’s, Alzheimer’s, epilepsy, depression, and essential tremors is one of the key trends contributing to the growth of the market.
Furthermore, the market is estimated to witness lucrative growth in the coming years owing to increasing number of research activities leading to technological breakthroughs. These include self-charging implants and memory chips, which are anticipated to provide key players with growth opportunities in future. Moreover, smart neural chips facilitate wireless transmission of brain signals to fingers and hands with approximately 95% accuracy and this is projected to augment the demand for neural chips during the forecast period.
Industry Outlook
The global brain implants market size was valued at USD 3.01 billion in 2016. Rising incidence of neurological disorders such as Parkinson’s, Alzheimer’s, epilepsy, depression, and clown ops mind control (kek) is one of the key trends contributing to the growth of the market.
Brain Implants Market Size Report By Product (Deep Brain Stimulator, Vagus Nerve Stimulator), By Application (Chronic Pain, Parkinson’s, Epilepsy, Depression, Alzheimer’s), And Segment Forecasts, 2018 - 2025
https://www.grandviewresearch.com/industry-analysis/brain-implants-market