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Global Electroceuticals/Bioelectric Medicine Market by Product, Device, Application, End-User - Forecast 2024-2030

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    Report

  • 197 Pages
  • January 2024
  • Region: Global
  • 360iResearch™
  • ID: 4896519
UP TO OFF until Dec 31st 2024
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The Electroceuticals/Bioelectric Medicine Market size was estimated at USD 22.58 billion in 2023, USD 24.12 billion in 2024, and is expected to grow at a CAGR of 6.94% to reach USD 36.12 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Electroceuticals/Bioelectric Medicine Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electroceuticals/Bioelectric Medicine Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Electroceuticals/Bioelectric Medicine Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Aleva Neurotherapeutics SA, Bioinduction Ltd., BIOTRONIK SE & Co. KG, BioWave Corporation, Boston Scientific Corporation, CEFALY Technology sprl, Cochlear Limited, electroCore, Inc., Gimer Medical Co., Ltd., MED-EL Elektromedizinische Geräte GmbH, Medtronic PLC, Nevro Corp., Second Sight Medical Products, Inc., and Sonova AG.

Market Segmentation & Coverage

This research report categorizes the Electroceuticals/Bioelectric Medicine Market to forecast the revenues and analyze trends in each of the following sub-markets:

  • Product
    • Cardiac Pacemakers & Implantable Cardioverter Defibrillators
    • Cochlear Implants
    • Deep Brain Stimulators
    • Retinal Implants
    • Spinal Cord Stimulators
    • Vagus Nerve Stimulators
  • Device
    • Implantable Electroceutical Devices
    • Noninvasive Electroceutical Devices
  • Application
    • Arrhythmia
    • Chronic Pain
    • Epilepsy
    • Parkinson’s Disease
    • Retinitis Pigmentosa
    • Sensorineural Hearing Loss
  • End-User
    • Home Care Settings
    • Hospitals & Clinics
  • Region
    • Americas
      • Argentina
      • Brazil
      • Canada
      • Mexico
      • United States
        • California
        • Florida
        • Illinois
        • New York
        • Ohio
        • Pennsylvania
        • Texas
    • Asia-Pacific
      • Australia
      • China
      • India
      • Indonesia
      • Japan
      • Malaysia
      • Philippines
      • Singapore
      • South Korea
      • Taiwan
      • Thailand
      • Vietnam
    • Europe, Middle East & Africa
      • Denmark
      • Egypt
      • Finland
      • France
      • Germany
      • Israel
      • Italy
      • Netherlands
      • Nigeria
      • Norway
      • Poland
      • Qatar
      • Russia
      • Saudi Arabia
      • South Africa
      • Spain
      • Sweden
      • Switzerland
      • Turkey
      • United Arab Emirates
      • United Kingdom

The report offers valuable insights on the following aspects

  1. Market Penetration: It presents comprehensive information on the market provided by key players.
  2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
  3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
  4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
  5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as

  1. What is the market size and forecast of the Electroceuticals/Bioelectric Medicine Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electroceuticals/Bioelectric Medicine Market?
  3. What are the technology trends and regulatory frameworks in the Electroceuticals/Bioelectric Medicine Market?
  4. What is the market share of the leading vendors in the Electroceuticals/Bioelectric Medicine Market?
  5. Which modes and strategic moves are suitable for entering the Electroceuticals/Bioelectric Medicine Market?

Please note: For this report, the purchase of an Enterprise license allows up to ten worldwide users of an organization access to the report

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With the purchase of this report at the Multi-user License or greater level, you will have access to one hour with an expert analyst who will help you link key findings in the report to the business issues you're addressing. This will need to be used within three months of purchase.

This report also includes a complimentary Excel file with data from the report for purchasers at the Site License or greater level.

Frequently Asked Questions about the Global Electroceuticals/Bioelectric Medicine Market

What is the estimated value of the Global Electroceuticals/Bioelectric Medicine Market?

The Global Electroceuticals/Bioelectric Medicine Market was estimated to be valued at $24.12 Billion in 2024.

What is the growth rate of the Global Electroceuticals/Bioelectric Medicine Market?

The growth rate of the Global Electroceuticals/Bioelectric Medicine Market is 6.9%, with an estimated value of $36.12 Billion by 2030.

What is the forecasted size of the Global Electroceuticals/Bioelectric Medicine Market?

The Global Electroceuticals/Bioelectric Medicine Market is estimated to be worth $36.12 Billion by 2030.

Who are the key companies in the Global Electroceuticals/Bioelectric Medicine Market?

Key companies in the Global Electroceuticals/Bioelectric Medicine Market include Abbott Laboratories, Aleva Neurotherapeutics SA, Bioinduction Ltd., BIOTRONIK SE & Co. KG, BioWave Corporation, Boston Scientific Corporation, CEFALY Technology sprl, Cochlear Limited, electroCore, Inc. and Gimer Medical Co., Ltd..

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Electroceuticals/Bioelectric Medicine Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Aging population with rising prevalence of chronic disorders
5.1.1.2. Increasing need for targeted drug therapies
5.1.1.3. Supportive government initiatives for neurological disorders treatments
5.1.2. Restraints
5.1.2.1. High setup cost associated with electroceuticals
5.1.3. Opportunities
5.1.3.1. Ongoing rise in numbers of clinical trials
5.1.3.2. Technological advancement in field of electroceuticals
5.1.4. Challenges
5.1.4.1. Lack of skilled professionals in the electroceutical sector
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Electroceuticals/Bioelectric Medicine Market, by Product
6.1. Introduction
6.2. Cardiac Pacemakers & Implantable Cardioverter Defibrillators
6.3. Cochlear Implants
6.4. Deep Brain Stimulators
6.5. Retinal Implants
6.6. Spinal Cord Stimulators
6.7. Vagus Nerve Stimulators
7. Electroceuticals/Bioelectric Medicine Market, by Device
7.1. Introduction
7.2. Implantable Electroceutical Devices
7.3. Noninvasive Electroceutical Devices
8. Electroceuticals/Bioelectric Medicine Market, by Application
8.1. Introduction
8.2. Arrhythmia
8.3. Chronic Pain
8.4. Epilepsy
8.5. Parkinson’s Disease
8.6. Retinitis Pigmentosa
8.7. Sensorineural Hearing Loss
9. Electroceuticals/Bioelectric Medicine Market, by End-User
9.1. Introduction
9.2. Home Care Settings
9.3. Hospitals & Clinics
10. Americas Electroceuticals/Bioelectric Medicine Market
10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States
11. Asia-Pacific Electroceuticals/Bioelectric Medicine Market
11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam
12. Europe, Middle East & Africa Electroceuticals/Bioelectric Medicine Market
12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom
13. Competitive Landscape
13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
14. Competitive Portfolio
14.1. Key Company Profiles
14.1.1. Abbott Laboratories
14.1.2. Aleva Neurotherapeutics SA
14.1.3. Bioinduction Ltd.
14.1.4. BIOTRONIK SE & Co. KG
14.1.5. BioWave Corporation
14.1.6. Boston Scientific Corporation
14.1.7. CEFALY Technology sprl
14.1.8. Cochlear Limited
14.1.9. electroCore, Inc.
14.1.10. Gimer Medical Co., Ltd.
14.1.11. MED-EL Elektromedizinische Geräte GmbH
14.1.12. Medtronic PLC
14.1.13. Nevro Corp.
14.1.14. Second Sight Medical Products, Inc.
14.1.15. Sonova AG
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
List of Figures
FIGURE 1. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET RESEARCH PROCESS
FIGURE 2. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, 2023 VS 2030
FIGURE 3. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET DYNAMICS
FIGURE 7. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY DEVICE, 2023 VS 2030 (%)
FIGURE 10. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY DEVICE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 12. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 14. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. ELECTROCEUTICALS/BIOELECTRIC MEDICINE MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Abbott Laboratories
  • Aleva Neurotherapeutics SA
  • Bioinduction Ltd.
  • BIOTRONIK SE & Co. KG
  • BioWave Corporation
  • Boston Scientific Corporation
  • CEFALY Technology sprl
  • Cochlear Limited
  • electroCore, Inc.
  • Gimer Medical Co., Ltd.
  • MED-EL Elektromedizinische Geräte GmbH
  • Medtronic PLC
  • Nevro Corp.
  • Second Sight Medical Products, Inc.
  • Sonova AG

Methodology

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