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Gastric Electric Stimulator Market Report: Trends, Forecast and Competitive Analysis to 2030

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    Report

  • 150 Pages
  • January 2024
  • Region: Global
  • Lucintel
  • ID: 5968963
The global gastric electric stimulator market is expected to reach an estimated $448.1 billion by 2030 with a CAGR of 5.9% from 2024 to 2030.

The major drivers for this market are increasing cases of both type 1 and type 2 diabetes, growing research and development activities and high investment in these research projects, as well as, rise in demand for high-frequency stomach electric stimulators due to their many advantages, including longer battery life, less intrusive implantation, and patient friendliness. The future of the global gastric electric stimulator market looks promising with opportunities in the hospital, ambulatory surgical center, and clinic markets.

Gastric Electric Stimulator by Segment

The study includes a forecast for the global gastric electric stimulator by type, application, end use, and region.

Gastric Electric Stimulator Market by Type [Shipment Analysis by Value from 2018 to 2030]:

  • Low Frequency
  • High Frequency

Gastric Electric Stimulator Market by Application [Shipment Analysis by Value from 2018 to 2030]:

  • Gastroparesis
  • Obesity

Gastric Electric Stimulator Market by End Use [Shipment Analysis by Value from 2018 to 2030]:

  • Hospitals
  • ambulatory surgical centers
  • Clinics
  • Others

Gastric Electric Stimulator Market by Region [Shipment Analysis by Value from 2018 to 2030]:

  • North America
  • Europe
  • Asia Pacific
  • The Rest of the World

List of Gastric Electric Stimulator Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies gastric electric stimulator companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the gastric electric stimulator companies profiled in this report include:
  • ANS
  • Philips
  • IntraPace
  • Stryker
  • EnteroMedics
  • Changzhou Ruishen Medical Equipment
  • MetaCure

Gastric Electric Stimulator Market Insights

High frequency will remain the larger segment over the forecast period.

Within this market, hospital will remain the largest segment.

North America will remain the largest region over the forecast period due to growing number of gastrointestinal surgery procedures, an increase in gastroparesis cases, and advantageous local reimbursement and regulatory frameworks.

Features of the Global Gastric Electric Stimulator Market

- Market Size Estimates: Gastric electric stimulator market size estimation in terms of value ($B).
  • Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
  • Segmentation Analysis: Gastric electric stimulator market size by type, application, end use, and region in terms of value ($B).
  • Regional Analysis: Gastric electric stimulator market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
  • Growth Opportunities: Analysis of growth opportunities in different type, application, end use, and regions for the gastric electric stimulator market.
  • Strategic Analysis: This includes M&A, new product development, and competitive landscape of the gastric electric stimulator market.
  • Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the gastric electric stimulator market size?
Answer: The global gastric electric stimulator market is expected to reach an estimated $448.1 billion by 2030.

Q2. What is the growth forecast for gastric electric stimulator market?
Answer: The global gastric electric stimulator market is expected to grow with a CAGR of 5.9% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the gastric electric stimulator market?
Answer: The major drivers for this market are increasing cases of both type 1 and type 2 diabetes, growing research and development activities and high investment in these research projects, as well as, rise in demand for high-frequency stomach electric stimulators due to their many advantages, including longer battery life, less intrusive implantation, and patient friendliness.

Q4. What are the major segments for gastric electric stimulator market?
Answer: The future of the global gastric electric stimulator market looks promising with opportunities in the hospital, ambulatory surgical center, and clinic markets.

Q5. Who are the key gastric electric stimulator market companies?
Answer: Some of the key gastric electric stimulator companies are as follows:
  • ANS
  • Philips
  • IntraPace
  • Stryker
  • EnteroMedics
  • Changzhou Ruishen Medical Equipment
  • MetaCure
Q6. Which gastric electric stimulator market segment will be the largest in future?
Answer: The publisher forecasts that high frequency will remain the larger segment over the forecast period.

Q7. In gastric electric stimulator market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to growing number of gastrointestinal surgery procedures, an increase in gastroparesis cases, and advantageous local reimbursement and regulatory frameworks.

Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.

This report answers the following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the gastric electric stimulator market by type (low frequency and high frequency), application (gastroparesis and obesity), end use (hospitals, ambulatory surgical centers, clinics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?


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Table of Contents

1. Executive Summary
2. Global Gastric Electric Stimulator Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Gastric Electric Stimulator Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Gastric Electric Stimulator Market by Type
3.3.1: Low Frequency
3.3.2: High Frequency
3.4: Global Gastric Electric Stimulator Market by Application
3.4.1: Gastroparesis
3.4.2: Obesity
3.5: Global Gastric Electric Stimulator Market by End Use
3.5.1: Hospitals
3.5.2: ambulatory surgical centers
3.5.3: Clinics
3.5.4: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Gastric Electric Stimulator Market by Region
4.2.1: North American Gastric Electric Stimulator Market by Type: Low Frequency and High Frequency
4.2.2: North American Gastric Electric Stimulator Market by End Use: Hospitals, ambulatory surgical centers, Clinics, and Others
4.3: European Gastric Electric Stimulator Market
4.3.1: European Gastric Electric Stimulator Market by Type: Low Frequency and High Frequency
4.3.2: European Gastric Electric Stimulator Market by End Use: Hospitals, ambulatory surgical centers, Clinics, and Others
4.4: APAC Gastric Electric Stimulator Market
4.4.1: APAC Gastric Electric Stimulator Market by Type: Low Frequency and High Frequency
4.4.2: APAC Gastric Electric Stimulator Market by End Use: Hospitals, ambulatory surgical centers, Clinics, and Others
4.5: ROW Gastric Electric Stimulator Market
4.5.1: ROW Gastric Electric Stimulator Market by Type: Low Frequency and High Frequency
4.5.2: ROW Gastric Electric Stimulator Market by End Use: Hospitals, ambulatory surgical centers, Clinics, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Gastric Electric Stimulator Market by Type
6.1.2: Growth Opportunities for the Global Gastric Electric Stimulator Market by Application
6.1.3: Growth Opportunities for the Global Gastric Electric Stimulator Market by End Use
6.1.4: Growth Opportunities for the Global Gastric Electric Stimulator Market by Region
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Gastric Electric Stimulator Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Gastric Electric Stimulator Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: ANS
7.2: Philips
7.3: IntraPace
7.4: Stryker
7.5: EnteroMedics
7.6: Changzhou Ruishen Medical Equipment
7.7: MetaCure

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ANS
  • Philips
  • IntraPace
  • Stryker
  • EnteroMedics
  • Changzhou Ruishen Medical Equipment
  • MetaCure

Methodology

The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in the market
  • Detailed secondary research from competitors’ financial statements and published data
  • Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
  • A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.

Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.

Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.

 

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