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Global Bioelectric Medicine Market by Product (Cardiac Pacemakers, Cochlear Implants, Deep Brain Stimulators), Type (Implantable Electroceutical Devices, Noninvasive Electroceutical Devices), Indication, End-User - Forecast 2024-2030

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  • 191 Pages
  • March 2024
  • Region: Global
  • 360iResearch™
  • ID: 5305551
UP TO OFF until Dec 31st 2024
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The Bioelectric Medicine Market size was estimated at USD 23.83 billion in 2023, USD 26.74 billion in 2024, and is expected to grow at a CAGR of 12.29% to reach USD 53.66 billion by 2030.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the 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 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 Bioelectric Medicine Market, highlighting leading vendors and their innovative profiles. These include Abbott Laboratories, Aleva Neurotherapeutics SA, BioMed Central Ltd., Biotronik SE & Co. KG, Boston Scientific Corporation, CEFALY Technology sprl, ElectroCore, Inc., General Electric Company, LivaNova PLC, MED-EL Elektromedizinische Geräte Gesellschaft m.b.H., Medtronic PLC, NeuroSigma, Inc., Nevro Corp., Oticon Medical A/S by Cochlear Ltd, Renishaw PLC, ReShape Lifesciences, Inc., Siemens Healthineers AG, Sonova Holding AG, and Vomaris Innovations, Inc.

Market Segmentation & Coverage

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

  • Product
    • Cardiac Pacemakers
    • Cochlear Implants
    • Deep Brain Stimulators
    • Implantable Cardioverter Defibrillators
    • Sacral Nerve Stimulators
    • Spinal Cord Stimulators
    • Transcutaneous Electrical Nerve Stimulators
    • Vagus Nerve Stimulators
  • Type
    • Implantable Electroceutical Devices
    • Noninvasive Electroceutical Devices
  • Indication
    • Arrhythmia
    • Chronic Pain
    • Depression
    • Epilepsy
    • Parkinson’s Disease
    • Tremor
    • Urinary & Fecal Incontinence
  • End-User
    • Hospitals
    • Pharmaceutical Research
  • 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 Bioelectric Medicine Market?
  2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Bioelectric Medicine Market?
  3. What are the technology trends and regulatory frameworks in the Bioelectric Medicine Market?
  4. What is the market share of the leading vendors in the Bioelectric Medicine Market?
  5. Which modes and strategic moves are suitable for entering the Bioelectric Medicine Market?

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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. Bioelectric Medicine Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing frequency of chronic diseases among population
5.1.1.2. Growing infrastructure expenditure in healthcare sector in developing economies
5.1.1.3. Rising incidences of Parkinson’s disease in aging population
5.1.2. Restraints
5.1.2.1. High costs associated with manufacturing of bioelectric medical devices
5.1.3. Opportunities
5.1.3.1. Advanced innovations in development of novel bioelectric medicine
5.1.3.2. Rising rate of regulatory approval for bioelectric medicines
5.1.4. Challenges
5.1.4.1. Stern government rules and regulations for the development and production of medical devices
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. Bioelectric Medicine Market, by Product
6.1. Introduction
6.2. Cardiac Pacemakers
6.3. Cochlear Implants
6.4. Deep Brain Stimulators
6.5. Implantable Cardioverter Defibrillators
6.6. Sacral Nerve Stimulators
6.7. Spinal Cord Stimulators
6.8. Transcutaneous Electrical Nerve Stimulators
6.9. Vagus Nerve Stimulators
7. Bioelectric Medicine Market, by Type
7.1. Introduction
7.2. Implantable Electroceutical Devices
7.3. Noninvasive Electroceutical Devices
8. Bioelectric Medicine Market, by Indication
8.1. Introduction
8.2. Arrhythmia
8.3. Chronic Pain
8.4. Depression
8.5. Epilepsy
8.6. Parkinson’s Disease
8.7. Tremor
8.8. Urinary & Fecal Incontinence
9. Bioelectric Medicine Market, by End-User
9.1. Introduction
9.2. Hospitals
9.3. Pharmaceutical Research
10. Americas 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 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 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. BioMed Central Ltd.
14.1.4. Biotronik SE & Co. KG
14.1.5. Boston Scientific Corporation
14.1.6. CEFALY Technology sprl
14.1.7. ElectroCore, Inc.
14.1.8. General Electric Company
14.1.9. LivaNova PLC
14.1.10. MED-EL Elektromedizinische Geräte Gesellschaft m.b.H.
14.1.11. Medtronic PLC
14.1.12. NeuroSigma, Inc.
14.1.13. Nevro Corp.
14.1.14. Oticon Medical A/S by Cochlear Ltd
14.1.15. Renishaw PLC
14.1.16. ReShape Lifesciences, Inc.
14.1.17. Siemens Healthineers AG
14.1.18. Sonova Holding AG
14.1.19. Vomaris Innovations, Inc.
14.2. Key Product Portfolio
15. Appendix
15.1. Discussion Guide
15.2. License & Pricing
List of Figures
FIGURE 1. BIOELECTRIC MEDICINE MARKET RESEARCH PROCESS
FIGURE 2. BIOELECTRIC MEDICINE MARKET SIZE, 2023 VS 2030
FIGURE 3. BIOELECTRIC MEDICINE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. BIOELECTRIC MEDICINE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. BIOELECTRIC MEDICINE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. BIOELECTRIC MEDICINE MARKET DYNAMICS
FIGURE 7. BIOELECTRIC MEDICINE MARKET SIZE, BY PRODUCT, 2023 VS 2030 (%)
FIGURE 8. BIOELECTRIC MEDICINE MARKET SIZE, BY PRODUCT, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. BIOELECTRIC MEDICINE MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 10. BIOELECTRIC MEDICINE MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. BIOELECTRIC MEDICINE MARKET SIZE, BY INDICATION, 2023 VS 2030 (%)
FIGURE 12. BIOELECTRIC MEDICINE MARKET SIZE, BY INDICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. BIOELECTRIC MEDICINE MARKET SIZE, BY END-USER, 2023 VS 2030 (%)
FIGURE 14. BIOELECTRIC MEDICINE MARKET SIZE, BY END-USER, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. AMERICAS BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 16. AMERICAS BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. UNITED STATES BIOELECTRIC MEDICINE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 18. UNITED STATES BIOELECTRIC MEDICINE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. ASIA-PACIFIC BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. ASIA-PACIFIC BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. EUROPE, MIDDLE EAST & AFRICA BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. EUROPE, MIDDLE EAST & AFRICA BIOELECTRIC MEDICINE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. BIOELECTRIC MEDICINE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 24. BIOELECTRIC MEDICINE MARKET SHARE, BY KEY PLAYER, 2023

Companies Mentioned

  • Abbott Laboratories
  • Aleva Neurotherapeutics SA
  • BioMed Central Ltd.
  • Biotronik SE & Co. KG
  • Boston Scientific Corporation
  • CEFALY Technology sprl
  • ElectroCore, Inc.
  • General Electric Company
  • LivaNova PLC
  • MED-EL Elektromedizinische Geräte Gesellschaft m.b.H.
  • Medtronic PLC
  • NeuroSigma, Inc.
  • Nevro Corp.
  • Oticon Medical A/S by Cochlear Ltd
  • Renishaw PLC
  • ReShape Lifesciences, Inc.
  • Siemens Healthineers AG
  • Sonova Holding AG
  • Vomaris Innovations, Inc.

Methodology

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Table Information