Electroceuticals Market
Global Electroceuticals Market Size, Share & Trends Analysis Report by Product (Cardioverter Defibrillators and Cardiac Pacemaker, Deep Brain Stimulators, Spinal Cord Stimulators, Vagus Nerve Stimulators, Cochlear Implants, and Others (Sacral Nerve Stimulators, Transcutaneous Electrical Nerve Stimulators)), by End-User (Hospitals and Clinics, Homecare and Other), Forecast Period 2019-2025 Update Available - Forecast 2024-2030
The global electroceuticals market is expected to grow at a CAGR of 7.1% during the forecast period. The global electroceuticals market is expected to grow significantly owing to various factors such as rising incidence and prevalence rate of chronic diseases, and growing investment for the development of advanced electroceuticals by major players as well as the government. Increasing prevalence of neurological disorders such as epilepsy, Parkinson’s, Paraneoplastic Neurologic Syndrome, migraine, have resulted in an increasing focus of the players in the development of electroceuticals.
The market is segmented on the basis of product and end-user. On the basis of product, the market is segmented into cardioverter defibrillators and cardiac pacemaker, deep brain stimulators (DBS), spinal cord stimulators (SCS), vagus nerve stimulators, hearing aids, and cochlear implants, and others such as sacral nerve stimulators, and transcutaneous electrical nerve stimulators. By End-user segment, the market is segmented into hospitals & clinics and homecare and other. Few players operating in the global electroceuticals market include Medtronic PLC, Abbott Laboratories Inc., Boston Scientific Corp., LivaNova PLC, Cochlear, Ltd., Sonova Holding AG, Nevro Corp., ElectroCore LLC, and BioElectronics Corp.
Furthermore, in order to sustain in the highly competitive market, the market players are adopting various strategies such as merger and acquisitions, joint ventures, and product development, among others. For instance, in 2016, GlaxoSmithKline PLC established a partnership with Verily Life Sciences to form Galvani Bioelectronics, a new company, focused on developing bioelectronic medicines. Galvani Bioelectronics combines the technology and professionals of its parent companies to enable the R&D and commercialization of bioelectronic therapies.
Research Methodology
The market study of the global electroceuticals market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.
Secondary Sources Include
- Financial reports of companies involved in the market.
- Whitepapers, research-papers, and news blogs.
- Company websites and their product catalog.
The report is intended for medical device manufacturing companies, distributors and suppliers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.
Market Segmentation
- Global Electroceuticals Market Research and Analysis by Product
- Global Electroceuticals Market Research and Analysis by End-User
The Report Covers
- Comprehensive research methodology of the global electroceuticals market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global electroceuticals market.
- Insights about market determinants which are stimulating the global electroceuticals market.
- Detailed and extensive market segments with regional distribution of forecasted revenues.
- Extensive profiles and recent developments of market players.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Company Share Analysis
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. GlaxoSmithKline Plc
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Medtronic Plc
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Abbott Laboratories Inc.
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Boston Scientific Corp.
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Demant A/S
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Electroceuticals Market by Product and its Application
5.1.1. Cardioverter Defibrillators and Cardiac Pacemaker
5.1.1.1. Arrhythmias
5.1.2. Deep Brain Stimulators
5.1.2.1. Parkinson’s Disease
5.1.2.2. Depression
5.1.3. Spinal Cord Stimulators
5.1.3.1. Failed Back Syndrome
5.1.3.2. Ischemia
5.1.4. Vagus Nerve Stimulators
5.1.4.1. Epilepsy
5.1.5. Cochlear Implants
5.1.5.1. Sensorineural Hearing Loss
5.1.6. Others (Sacral Nerve Stimulators, Transcutaneous Electrical Nerve Stimulators)
5.1.6.1. Urinary Incontinence
5.1.6.2. Treatment-Resistant Depression
5.2. Global Electroceuticals Market by End-User
5.2.1. Hospitals and Clinics
5.2.2. Homecare and Other
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. Abbott Laboratories Inc.
7.2. Advanced Bionics AG
7.3. Aleva Neurotherapeutics SA
7.4. Axonics Modulation Technologies Inc.
7.5. BioElectronics Corp.
7.6. Biotronik
7.7. Boston Scientific Corp.
7.8. Cala Health Inc.
7.9. Cigna Corp.
7.10. Cochlear Ltd
7.11. Demant A/S
7.12. Edwards Lifesciences Corp.
7.13. Electrocore Inc.
7.14. Functional Neuromodulation Ltd.
7.15. Getinge AB
7.16. GlaxoSmithKline PLC
7.17. Lepu Medical Co. Ltd.
7.18. Livanova PLC
7.19. Medtronic PLC
7.20. NeuroPace, Inc.
7.21. Nevro Corp.
7.22. Nurotron Biotechnology Co. Ltd.
7.23. Nuvectra Corp.
7.24. Renishaw PLC
7.25. Second Sight Medical Products Inc.
7.26. Sonova Holding AG
7.27. Stimwave LLC
7.28. Terumo Corp.
7.29. ZOLL Medical Corp.
1. GLOBAL ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
2. GLOBAL CARDIOVERTER DEFIBRILLATORS AND CARDIAC PACEMAKER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
3. GLOBAL DEEP BRAIN STIMULATORS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
4. GLOBAL SPINAL CORD STIMULATORS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
5. GLOBAL VAGUS NERVE STIMULATORS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
6. GLOBAL COCHLEAR IMPLANTS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
7. GLOBAL OTHERS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
8. GLOBAL ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
9. GLOBAL HOSPITALS AND CLINICS MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
10. GLOBAL HOMECARE AND OTHER MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
11. GLOBAL ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2018-2025 ($ MILLION)
12. NORTH AMERICAN ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
13. NORTH AMERICAN ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
14. NORTH AMERICAN ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
15. EUROPEAN ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
16. EUROPEAN ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
17. EUROPEAN ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
18. ASIA-PACIFIC ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
19. ASIA-PACIFIC ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
20. ASIA-PACIFIC ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
21. REST OF THE WORLD ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
22. REST OF THE WORLD ELECTROCEUTICALS MARKET RESEARCH AND ANALYSIS BY END-USER, 2018-2025 ($ MILLION)
1. GLOBAL ELECTROCEUTICALS MARKET SHARE BY PRODUCT, 2018 VS 2025 (%)
2. GLOBAL ELECTROCEUTICALS MARKET SHARE BY END-USER, 2018 VS 2025 (%)
3. GLOBAL ELECTROCEUTICALS MARKET SHARE BY GEOGRAPHY, 2018 VS 2025 (%)
4. US ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
5. CANADA ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
6. UK ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
7. FRANCE ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
8. GERMANY ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
9. ITALY ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
10. SPAIN ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
11. ROE ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
12. INDIA ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
13. CHINA ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
14. JAPAN ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
15. REST OF ASIA-PACIFIC ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
16. REST OF THE WORLD ELECTROCEUTICALS MARKET SIZE, 2018-2025 ($ MILLION)
