"According to the FDA, it is not intended to be a first-line treatment, even for patients with severe depression. And, despite FDA approval, VNS remains an infrequently used because results of early studies testing its effectiveness for major depression were mixed. But a newer study, which pooled together findings from only controlled clinical trials, found that 32% of depressed people responded to VSN and 14% had full remission of symptoms after being treated for nearly 2 years."
According to the report, The Adoption of Cloud-based Treatment in Digital Brain Therapy
is one of the primary growth factors for the market. Increasing Number of Brain Disorders in People
is also expected to contribute significantly to the Digital Brain Therapy market. Overall, Hospitals
applications of Digital Brain Therapy, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Components, such as Devices (Sensors, Wearables, Monitors), is boosting the Digital Brain Therapy market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Therapy, such as Electroconvulsive Therapy (ECT), is boosting the Digital Brain Therapy market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Soldiers, is boosting the Digital Brain Therapy market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Digital Brain Therapy market identified that the demand is rising in many different parts of the world as "Awareness about Brain Health whether Physical or Psychological
". Furthermore, some recent industry insights like "On 24th January 2020, Abbott Laboratories announced the approval of the US Food and Drug Administration (FDA) for a new expanded indication for the company's infinity Deep Brain Stimulation (DBS) system to include the targeting of an area of the brain called the internal globus pallidus (GPi). It is targeted to improve the symptoms of Parkinson's disease not adequately controlled by medication. It is the world's first and only DBS system operating in these indications on an iOS software platform with Bluetooth wireless technology. Clinicians can streamline the programming process with an iPad mini device using Abbott's new Infirmity Programming feature to become more efficient in their practice and achieve optimal outcomes with directional leads. Patients can discreetly manage their symptoms with their Infinity DBS System iPod touch controller." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Digital Brain Therapy market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2022 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Digital Brain Therapy market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Digital Brain Therapy market size is calculated using market estimation process, the Digital Brain Therapy market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Digital Brain Therapy market size has been validated using both top-down and bottom-up approaches.