Brazil Neurology Devices Market Analysis by Mordor Intelligence
The Brazil Neurology Devices Market size is projected to expand from USD 1.96 billion in 2026 and USD 2.05 billion in 2027 to USD 2.58 billion by 2032, registering a CAGR of 4.72% between 2027 and 2032.
According to the World Population Ageing 2019 report, in Brazil population aged 65 years or over in 2019 was 19.526 million (9.3%) and this number is projected to reach to 30.413 million (13.6%) in 2030. As the number of elderly population is expected to grow in coming years and elderly population are more prone to neurological disorders such as Parkinsons disease and Alzheimer's disease which drives the market in future.
Thus, owing to above factors the market is expected to show significant growth over the forecast period.
Note: Market numbers in this report are based on Mordor Intelligence's proprietary estimation framework, which combines nine months of actuals with Q4 projections for base year 2026.
Brazil Neurology Devices Market Trends and Insights
Sacral Nerve Stimulation Devices is the Segment under Neurostimulation Devices that is Expected to Grow Fastest during the Forecast Period
Sacral nerve stimulation devices are an effective and safe treatment for patients suffering from fecal and urinary dysfunction. Increasing demand for the minimal invasive therapy, rising prevalence of urinary bladder diseases, and technological advancements such as introduction of novel coatings and engineering strategies are the main factors driving the growth of the market.
As per Ministério da Saúde Brazil and Conselho Federal de Medicina 2018 survey report, estimated that in 2017, the Brazilian government's expenditure spend on healthcare was around 1.27 thousand Brazilian reals per person, up from 1.24 thousand reals in 2016. This indicates support from Brazilian government's regarding people's health will boost the segment in coming years.
Thus, owing to above factors the segment is expected to show significant growth over the forecast period.
Competitive Landscape
The Brazil Neurology Devices Market is fragmented competitive. There are market participants involved in R&D for the development of advanced stimulation and neuromodulation techniques with minimally invasive procedures that are more preferable to the patients. Furthermore, many private companies are showing great interest in developing novel neurological devices to earn huge profits. In the coming years few other players are expected to enter into the market.
Brazil Neurology Devices Industry Leaders
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B. Braun Melsungen AG
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Boston Scientific Corporation
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Stryker Corporation
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Medtronic PLC
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Abbott Laboratories
- *Disclaimer: Major Players sorted in no particular order
Brazil Neurology Devices Market Report Scope
As per the scope of the report, neurological devices are medical devices that help to diagnose, prevent, and treat a variety of neurological disorders and conditions, such as Alzheimer's disease, Parkinson's disease, major depression, and traumatic brain injury. The Brazil Neurology Devices Market is segmented by type of device (Cerebrospinal Fluid Management Device, Interventional Neurology Device, Neurosurgery Device, Neurostimulation Device, and Other Type of Devices).
| Cerebrospinal Fluid Management Devices | |
| Interventional Neurology Devices | Interventional/Surgical Simulators |
| Neurothrombectomy Devices | |
| Carotid Artery Stents | |
| Embolic Coils | |
| Support Devices | |
| Neurosurgery Devices | Neuroendoscopes |
| Stereotactic Systems | |
| Aneurysm Clips | |
| Other Neurosurgery Devices | |
| Neurostimulation Devices | Spinal Cord Stimulation Devices |
| Deep Brain Stimulation Devices | |
| Sacral Nerve Stimulation Devices | |
| Other Neurostimulation Devices | |
| Other Types of Devices |
| By Type of Device | Cerebrospinal Fluid Management Devices | |
| Interventional Neurology Devices | Interventional/Surgical Simulators | |
| Neurothrombectomy Devices | ||
| Carotid Artery Stents | ||
| Embolic Coils | ||
| Support Devices | ||
| Neurosurgery Devices | Neuroendoscopes | |
| Stereotactic Systems | ||
| Aneurysm Clips | ||
| Other Neurosurgery Devices | ||
| Neurostimulation Devices | Spinal Cord Stimulation Devices | |
| Deep Brain Stimulation Devices | ||
| Sacral Nerve Stimulation Devices | ||
| Other Neurostimulation Devices | ||
| Other Types of Devices | ||
Key Questions Answered in the Report
What is the current Brazil Neurology Devices Market size?
The Brazil Neurology Devices Market is projected to register a CAGR of 4.72% during the forecast period (2027-2032)
Who are the key players in Brazil Neurology Devices Market?
B. Braun Melsungen AG, Boston Scientific Corporation, Stryker Corporation, Medtronic PLC and Abbott Laboratories are the major companies operating in the Brazil Neurology Devices Market.
What years does this Brazil Neurology Devices Market cover?
The report covers the Brazil Neurology Devices Market historical market size for years: 2021, 2022, 2023, 2024, and 2025. The report also forecasts the Brazil Neurology Devices Market size for years: 2027, 2028, 2029, 2030, 2031, and 2032.