| Press Release - | Transforming Healthcare: Abbott's Liberta RC™ DBS System Catalyst for Wireless Medical Device Market Growth |
Vantage Market Research | 10 Apr 2024
Healthcare
Transforming Healthcare: Abbott's Liberta RC™ DBS System Catalyst for Wireless Medical Device Market Growth

Advancements in wireless technology continue to reshape the landscape of patient care. One such innovative development comes from Abbott, a global leader in healthcare, with the introduction of the Liberta RC™ DBS system. In February 2024, the U.S. Food and Drug Administration (FDA) approved this revolutionary device, which represents a significant dive forward in the treatment of movement disorders. The Liberta RC DBS system stands out for its minimal need for recharging compared to other FDA-approved DBS systems, typically requiring just ten recharge sessions annually for most users.
Deep brain stimulation therapy can be a life-saving treatment option for those with chronic diseases like essential tremor and Parkinson's disease. To deliver this high-quality care, it requires effective communication between patients and their healthcare professionals. The Liberta RC DBS system stands as the sole rechargeable DBS device that integrates seamlessly with Abbott's exclusive NeuroSphere™ Virtual Clinic. This ground-breaking connected care technology, a pioneer in the U.S., empowers individuals to engage with their healthcare providers, verify optimal settings and functionality, and receive remote updates for treatment adjustments.
The DBS device is roughly the size of a smartwatch face, measuring approximately in terms of both height and width. It is notably 31% smaller than other frequently utilized, implantable, rechargeable DBS devices currently accessible in the U.S. The wireless system enables users to stay active while wearing it, with the added benefit of recharging the Liberta RC DBS thoroughly twice before requiring another plug-in. Users can manage the system through an Abbott-provided patient controller or a secure, compatible iOS device. Additionally, it provides valuable notifications and customizable settings, ensuring a personalized charging experience.
The market for wireless medical devices is expected to reach USD 53.6 billion by 2032, up from USD 20.4 billion in 2023, with a Compound Annual Growth Rate (CAGR) of 11.3%. Growing regulatory compliance and standards, rising cybersecurity threats, and the growing requirement for remote patient monitoring are some factors accelerating this market demand. As a result of these developments and approvals, the market for wireless medical devices is expected to grow and innovate further, offering patients and healthcare providers better options.
About Vantage Market Research:
We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies. The company provides high quality data and market research services. The company serves various enterprises and clients in a wide variety of industries. The company offers detailed reports on multiple industries including Chemical Materials and Energy, Food and Beverages, Healthcare Technology, etc. The company’s experienced team of Analysts, Researchers, and Consultants use proprietary data sources and numerous statistical tools and techniques to gather and analyse information.
Healthcare
Transforming Healthcare: Abbott's Liberta RC™ DBS System Catalyst for Wireless Medical Device Market Growth
10 Apr 2024
Min Read
Access Full Report
Transforming Healthcare: Abbott's Liberta RC™ DBS System Catalyst for Wireless Medical Device Market Growth
This report by Vantage Market Research delivers comprehensive analysis of Somatostatin Analogs Market , focusing on Market Size, Share & Trends Analysis Report by Type (Octreotide, Lanreotide, Pasireotide) by Application (Acromegaly, Neuroendocrine Tumors (NETs), Others) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa)
Request SampleRelated Reports
Latest Press Release
Contact
Toll Free Number+1 (877) 462-2282