Global Bioelectric Medicine Market 2020-2030 by Product Type (Implantable, Non-invasive), End User, and Region: Trend Forecast and Growth Opportunity

  • Product Code:
    RP-ID-10352328
  • Published Date:
    7 Jan 2022
  • Region:
    Global
  • Pages:
    201
  • Category:
    Healthcare & Pharmaceuticals
  • Publisher:
    Pub-ID-26

Impact Analysis on the Growth of Market

Activating Probable Propositions Amidst COVID-19 Crisis

With things going haywire, we analyze key points to make sure that the businesses around the globe are completely prepared to tackle potential implications caused by COVID-19. Be it protecting employees, customers or the overall business operations, we ensure that the employers take the right decisions, make strategic investments and maintain a healthy work culture along with taking probable measures to minimize the financial loss. Know More

The Research Report is Updated with 2020 Base Year, 2021 Estimated year and Forecast till 2030 with Market Insights.


With the dip in global production, the GDP has contracted in 2020 and impacted the market across the world. Upon placing a Sample Request, you will receive an updated report with 2020 as base year, 2021 as estimated year and forecast to 2030. This will have market drivers, recovery rate in the market, insights and competitive analysis.



Market Overview:

Bioelectric medicines, also known as electroceuticals, are medical devices that are used to restore health in patients. Bioelectric medicines function through neurostimulation and modulation of the nervous systems through electrical impulses. Global bioelectric medicine market will reach $39.06 billion by 2030, growing by a revised CAGR of 7.3% over 2020-2030 driven by growing geriatric population and rising acceptance of bioelectric medicines.
Highlighted with 106 tables and 76 figures, this 201-page report “Global Bioelectric Medicine Market 2020-2030 by Product Type (Implantable, Non-invasive), End User, and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global bioelectric medicine market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate/forecast from 2020 till 2030 with 2019 as the base year.
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global bioelectric medicine market in every aspect of the classification from perspectives of Product Type, End User, and Region.

Based on Product Type, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Implantable Bioelectric Medicine
o Cardiac Pacemaker
o Implantable Cardioverter Defibrillators (ICD)
o Spinal Cord Stimulators (split into Chronic Pain, Failed Back Syndrome (FBSS), Ischemia by application)
o Cochlear Implants
o Deep Brain Stimulators (split into Parkinson’s Disease, Tremor, Depression, Other Deep Brain Stimulation Applications by application)
o Vagus Nerve Stimulators
o Sacral Nerve Stimulators (split into Urinary Incontinence and Fecal Incontinence by application)
o Retinal Implants
o Other Implantable Bioelectric Medicines
• Non-invasive Bioelectric Medicine
o Transcutaneous Electrical Nerve Stimulators
o Transcranial Magnetic Stimulation (TMS)
o Pulsed Electromagnetic Field Therapy
o Other Non-invasive Bioelectric Medicines

Based on End User, the global market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Hospitals and Clinics
• Research Institutes
• Individual Users

Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Product Type and End User over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in global bioelectric medicine market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Abbott Laboratories
BIOTRONIK SE & Co. KG
Boston Scientific Corporation
Cochlear Limited
electroCore, Inc.
Inspire Medical Systems, Inc.
LivaNova PLC
Medtronic PLC
NeuroMetrix, Inc
Nevro Corp.
Nuvectra Corporation
OMRON CORPORATION
Pixium Vision
Second Sight Medical Products Inc
SetPoint Medical
Sonova Holding AG
St. Jude Medical, Inc.
Stimwave LLC
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)


Geography Analysis:


The report further discusses the market opportunity, compound annual growth rate (CAGR) growth rate, competition, new technology innovations, market players analysis, government guidelines, export and import (EXIM) analysis, historical revenues, future forecasts etc. in the following regions and/or countries:

  • North America (U.S. & Canada) Market Size, Y-O-Y Growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC(Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market Size, Y-O-Y Growth Market Players Analys  & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market Size, Y-O-Y Growth & Market Players Analysis & Opportunity Outlook
  • Middle East and Africa  (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market Size, Y-O-Y Growth Market Players Analysis & Opportunity Outlook

.

1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 23
2.2 Major Growth Drivers 25
2.3 Market Restraints and Challenges 31
2.4 Emerging Opportunities and Market Trends 34
2.5 Porter’s Fiver Forces Analysis 38
3 Segmentation of Global Market by Product Type 42
3.1 Market Overview by Product Type 42
3.2 Implantable Bioelectric Medicine 44
3.2.1 Cardiac Pacemaker 46
3.2.2 Implantable Cardioverter Defibrillators (ICD) 47
3.2.3 Spinal Cord Stimulators 48
3.2.4 Cochlear Implants 49
3.2.5 Deep Brain Stimulators 50
3.2.6 Vagus Nerve Stimulators 51
3.2.7 Sacral Nerve Stimulators 52
3.2.8 Retinal Implants 53
3.2.9 Other Implantable Bioelectric Medicines 54
3.3 Non-invasive Bioelectric Medicine 55
3.3.1 Transcutaneous Electrical Nerve Stimulators 57
3.3.2 Transcranial Magnetic Stimulation (TMS) 58
3.3.3 Pulsed Electromagnetic Field Therapy 59
3.3.4 Other Non-invasive Bioelectric Medicines 60
4 Segmentation of Global Market by End User 61
4.1 Market Overview by End User 61
4.2 Hospitals and Clinics 63
4.3 Research Institutes 64
4.4 Individual Users 65
5 Segmentation of Global Market by Region 66
5.1 Geographic Market Overview 2020-2030 66
5.2 North America Market 2020-2030 by Country 72
5.2.1 Overview of North America Market 72
5.2.2 U.S. 76
5.2.3 Canada 82
5.2.4 Mexico 84
5.3 European Market 2020-2030 by Country 86
5.3.1 Overview of European Market 86
5.3.2 Germany 90
5.3.3 UK 92
5.3.4 France 94
5.3.5 Spain 96
5.3.6 Italy 98
5.3.7 Russia 100
5.3.8 Rest of European Market 102
5.4 Asia-Pacific Market 2020-2030 by Country 104
5.4.1 Overview of Asia-Pacific Market 104
5.4.2 Japan 108
5.4.3 China 111
5.4.4 Australia 113
5.4.5 India 115
5.4.6 South Korea 117
5.4.7 Rest of APAC Region 119
5.5 South America Market 2020-2030 by Country 121
5.5.1 Argentina 124
5.5.2 Brazil 126
5.5.3 Chile 128
5.5.4 Rest of South America Market 130
5.6 MEA Market 2020-2030 by Country 131
5.6.1 UAE 134
5.6.2 Saudi Arabia 136
5.6.3 South Africa 138
5.6.4 Other National Markets 140
6 Competitive Landscape 141
6.1 Overview of Key Vendors 141
6.2 New Product Launch, Partnership, Investment, and M&A 147
6.3 Company Profiles 148
Abbott Laboratories 148
BIOTRONIK SE & Co. KG 151
Boston Scientific Corporation 155
Cochlear Limited 159
electroCore, Inc. 162
Inspire Medical Systems, Inc. 164
LivaNova PLC 166
Medtronic PLC 168
NeuroMetrix, Inc 172
Nevro Corp. 174
Nuvectra Corporation 176
OMRON CORPORATION 178
Pixium Vision 181
Second Sight Medical Products Inc 184
SetPoint Medical 187
Sonova Holding AG 189
St. Jude Medical, Inc. 191
Stimwave LLC 193
7 Investing in Global Market: Risk Assessment and Management 195
7.1 Risk Evaluation of Global Market 195
7.2 Critical Success Factors (CSFs) 198
Related Reports and Products 201

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Key Players (this may not be a complete list and extra companies can be added upon request):
Abbott Laboratories
BIOTRONIK SE & Co. KG
Boston Scientific Corporation
Cochlear Limited
electroCore, Inc.
Inspire Medical Systems, Inc.
LivaNova PLC
Medtronic PLC
NeuroMetrix, Inc
Nevro Corp.
Nuvectra Corporation
OMRON CORPORATION
Pixium Vision
Second Sight Medical Products Inc
SetPoint Medical
Sonova Holding AG
St. Jude Medical, Inc.
Stimwave LLC

Please enter your personal details below
*
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

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