Liberta RC DBS, distinguished as the smallest rechargeable DBS device in its class, introduced notable technological features, such as the NeuroSphere Virtual Clinical, enabling remote programming capabilities. This regulatory endorsement underscored adherence of the device to stringent safety and efficacy standards and positioned it as a pioneering solution in the field of neuromodulation. The incorporation of remote programming capabilities in the Liberta RC DBS device by Abbott aligns strategically with prevailing healthcare trends, augmenting patient convenience and broadening the device's acceptance within the medical community.
Abbott's recent achievement of securing FDA clearance for Liberta RC DBS is anticipated to catalyze transformative shifts in market dynamics, propelling heightened interest and fostering increased adoption within the U.S. DBS sector for PD treatment.
U.S. Deep Brain Stimulation In Parkinson’s Disease Market Report Highlights
- The dual-channel segment led the market with the largest revenue share of 59.04% in 2024 and is expected to register at the fastest CAGR from 2025 to 2030
- This growth is attributed to technological advancements and novel product launches by industry key players
- One of the key factors driving the market growth is increasing regulatory approval for deep brain stimulation (DBS) devices in Parkinson’s disease (PD) treatment
- Regulatory approvals offer opportunities for manufacturers to market and commercialize their devices, fostering competition
- This competition often results in technological advancements, device design improvements, and potentially more cost-effective options, which further contribute to market growth
Table of Contents
Companies Mentioned
- ABBOTT
- Medtronic
- Boston Scientific Corporation
Methodology
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Table Information
Report Attribute | Details |
---|---|
No. of Pages | 150 |
Published | January 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 556.79 Million |
Forecasted Market Value ( USD | $ 849.5 Million |
Compound Annual Growth Rate | 7.1% |
Regions Covered | United States |
No. of Companies Mentioned | 3 |