PUBLISHER: Persistence Market Research | PRODUCT CODE: 1525983
PUBLISHER: Persistence Market Research | PRODUCT CODE: 1525983
Gastric Electrical Stimulators Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024 - 2031
Persistence Market Research has recently released a comprehensive report on the worldwide market for gastric electrical stimulators. The report offers a thorough assessment of crucial market dynamics, including drivers, trends, opportunities, and challenges, providing detailed insights into the market structure.
Key Insights:
- Gastric Electrical Stimulators Market Size (2024E): USD 266 Million
- Projected Market Value (2031F): USD 410.7 Million
- Global Market Growth Rate (CAGR 2024 to 2031): 6.4%
Gastric Electrical Stimulators Market - Report Scope:
Gastric electrical stimulators are innovative devices used to treat obesity and related metabolic disorders by applying electrical impulses to the stomach to modulate appetite and satiety. These stimulators are used in a range of healthcare settings, including hospitals and specialized clinics, and are crucial in the management of obesity, a condition that significantly impacts global health. The market encompasses various device types, including implantable and external stimulators, and is driven by advances in technology, rising obesity rates, and increasing patient awareness.
Market Growth Drivers:
The global gastric electrical stimulators market is propelled by several key factors, including the rising prevalence of obesity and obesity-related health issues, which fuels the demand for effective therapeutic interventions. The growing awareness among patients and healthcare providers about the benefits of gastric electrical stimulation, along with advancements in device technology, such as miniaturization and improved efficacy, further drives market expansion. Additionally, increasing investments in research and development and favorable reimbursement policies enhance market growth prospects.
Market Restraints:
Despite promising growth prospects, the gastric electrical stimulators market faces challenges related to high costs of devices, limited awareness in certain regions, and regulatory hurdles. The high price of gastric electrical stimulators can restrict market access, particularly in emerging economies with limited healthcare budgets. Additionally, the complex regulatory approval process for new devices and concerns related to long-term safety and effectiveness pose challenges for market penetration and growth.
Market Opportunities:
The gastric electrical stimulators market presents significant growth opportunities driven by technological innovations, increasing obesity rates, and evolving healthcare delivery models. Innovations in device technology, such as the development of less invasive and more efficient stimulators, open new avenues for market expansion. Furthermore, the growing focus on personalized medicine and patient-centered care offers opportunities to tailor treatments to individual needs, enhancing device adoption. Strategic partnerships, advancements in clinical research, and expanding healthcare access are key to capitalizing on emerging opportunities and sustaining market leadership.
Key Questions Answered in the Report:
- What are the primary factors driving the growth of the gastric electrical stimulators market globally?
- Which device types and applications are driving gastric electrical stimulator adoption across different healthcare settings?
- How are technological advancements reshaping the competitive landscape of the gastric electrical stimulators market?
- Who are the key players contributing to the gastric electrical stimulators market, and what strategies are they employing to maintain market relevance?
- What are the emerging trends and future prospects in the global gastric electrical stimulators market?
Competitive Intelligence and Business Strategy:
Leading players in the global gastric electrical stimulators market, including Medtronic, EnteroMedics Inc., and Boston Scientific Corporation, focus on innovation, product differentiation, and strategic partnerships to gain a competitive edge. These companies invest in R&D to develop advanced stimulators with improved efficacy and safety profiles. Collaborations with healthcare providers, clinical research institutions, and regulatory agencies facilitate market access and promote technology adoption. Emphasis on clinical trials, evidence-based practices, and patient education supports market growth and enhances patient outcomes in the evolving gastric electrical stimulators landscape.
Key Companies Profiled:
- Medtronic Plc.
- IntraPace Inc.
- ReShape Lifesciences Inc.
- Changzhou Ruishen Medical Equipment Co. Ltd.
- Chen Tao Medical Equipment
- Rishena Co. Ltd.
- Enterra TM
Gastric Electrical Stimulators Market Research Segmentation
By Type:
- High Frequency
- Low Frequency
By Application:
- Gastroparesis
- Obesity
By End-User:
- Hospitals
- Ambulatory Surgical Centers
- Other End Users
By Region:
- North America
- Europe
- East Asia
- South Asia & Oceania
- Latin America
- Middle East & Africa
Table of Contents
1. Executive Summary
- 1.1. Global Gastric Electrical Stimulators Market Snapshot, 2024 - 2031
- 1.2. Market Opportunity Assessment, 2024 - 2031, US$ Mn
- 1.3. Key Market Trends
- 1.4. Future Market Projections
- 1.5. Premium Market Insights
- 1.6. Industry Developments and Key Market Events
- 1.7. PMR Analysis and Recommendations
2. Market Overview
- 2.1. Market Scope and Definition
- 2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Opportunity
- 2.2.4. Challenges
- 2.2.5. Key Trends
- 2.3. Type Lifecycle Analysis
- 2.4. Gastric Electrical Stimulators Market: Value Chain
- 2.4.1. List of Raw Material Supplier
- 2.4.2. List of Manufacturers
- 2.4.3. List of Distributors
- 2.4.4. List of Applications
- 2.4.5. Profitability Analysis
- 2.5. Porter Five Force's Analysis
- 2.6. Geopolitical Tensions: Market Impact
- 2.7. Macro-Economic Factors
- 2.7.1. Global Sectorial Outlook
- 2.7.2. Global GDP Growth Outlook
- 2.7.3. Global Parent Market Overview
- 2.8. Forecast Factors - Relevance and Impact
- 2.9. Regulatory and Technology Landscape
3. Global Gastric Electrical Stimulators Market Outlook: Historical (2019-2023) and Forecast (2024 - 2031)
- 3.1. Key Highlights
- 3.1.1. Market Volume (Units) Projections
- 3.1.2. Market Size and Y-o-Y Growth
- 3.1.3. Absolute $ Opportunity
- 3.2. Market Size (US$ Mn) Analysis and Forecast
- 3.2.1. Historical Market Size Analysis, 2019-2023
- 3.2.2. Current Market Size Forecast, 2024 - 2031
- 3.3. Global Gastric Electrical Stimulators Market Outlook: Type
- 3.3.1. Introduction / Key Findings
- 3.3.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Type, 2019-2023
- 3.3.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024 - 2031
- 3.3.3.1. High Frequency
- 3.3.3.2. Low Frequency
- 3.4. Market Attractiveness Analysis: Type
- 3.5. Global Gastric Electrical Stimulators Market Outlook: Application
- 3.5.1. Introduction / Key Findings
- 3.5.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Application, 2019-2023
- 3.5.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2024 - 2031
- 3.5.3.1. Gastroparesis
- 3.5.3.2. Obesity
- 3.6. Market Attractiveness Analysis: Application
- 3.7. Global Gastric Electrical Stimulators Market Outlook: End-User
- 3.7.1. Introduction / Key Findings
- 3.7.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By End-User, 2019-2023
- 3.7.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-User, 2024 - 2031
- 3.7.3.1. Hospitals
- 3.7.3.2. Ambulatory surgical centers
- 3.7.3.3. Other end users
- 3.8. Market Attractiveness Analysis: End-User
4. Global Gastric Electrical Stimulators Market Outlook: Region
- 4.1. Key Highlights
- 4.2. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Region, 2019-2023
- 4.3. Current Market Size (US$ Mn) and Volume (Units) Forecast By Region, 2024 - 2031
- 4.3.1. North America
- 4.3.2. Europe
- 4.3.3. East Asia
- 4.3.4. South Asia and Oceania
- 4.3.5. Latin America
- 4.3.6. Middle East & Africa (MEA)
- 4.4. Market Attractiveness Analysis: Region
5. North America Gastric Electrical Stimulators Market Outlook: Historical (2019-2023) and Forecast (2024 - 2031)
- 5.1. Key Highlights
- 5.2. Pricing Analysis
- 5.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 5.3.1. By Country
- 5.3.2. By Type
- 5.3.3. By Application
- 5.3.4. By End-User
- 5.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024 - 2031
- 5.4.1. U.S.
- 5.4.2. Canada
- 5.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024 - 2031
- 5.5.1. High Frequency
- 5.5.2. Low Frequency
- 5.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2024 - 2031
- 5.6.1. Gastroparesis
- 5.6.2. Obesity
- 5.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-User, 2024 - 2031
- 5.7.1. Hospitals
- 5.7.2. Ambulatory surgical centers
- 5.7.3. Other end users
- 5.8. Market Attractiveness Analysis
6. Europe Gastric Electrical Stimulators Market Outlook: Historical (2019-2023) and Forecast (2024 - 2031)
- 6.1. Key Highlights
- 6.2. Pricing Analysis
- 6.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 6.3.1. By Country
- 6.3.2. By Type
- 6.3.3. By Application
- 6.3.4. By End-User
- 6.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024 - 2031
- 6.4.1. Germany
- 6.4.2. France
- 6.4.3. U.K.
- 6.4.4. Italy
- 6.4.5. Spain
- 6.4.6. Russia
- 6.4.7. Turkiye
- 6.4.8. Rest of Europe
- 6.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024 - 2031
- 6.5.1. High Frequency
- 6.5.2. Low Frequency
- 6.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2024 - 2031
- 6.6.1. Gastroparesis
- 6.6.2. Obesity
- 6.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-User, 2024 - 2031
- 6.7.1. Hospitals
- 6.7.2. Ambulatory surgical centers
- 6.7.3. Other end users
- 6.8. Market Attractiveness Analysis
7. East Asia Gastric Electrical Stimulators Market Outlook: Historical (2019-2023) and Forecast (2024 - 2031)
- 7.1. Key Highlights
- 7.2. Pricing Analysis
- 7.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 7.3.1. By Country
- 7.3.2. By Type
- 7.3.3. By Application
- 7.3.4. By End-User
- 7.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024 - 2031
- 7.4.1. China
- 7.4.2. Japan
- 7.4.3. South Korea
- 7.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024 - 2031
- 7.5.1. High Frequency
- 7.5.2. Low Frequency
- 7.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2024 - 2031
- 7.6.1. Gastroparesis
- 7.6.2. Obesity
- 7.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-User, 2024 - 2031
- 7.7.1. Hospitals
- 7.7.2. Ambulatory surgical centers
- 7.7.3. Other end users
- 7.8. Market Attractiveness Analysis
8. South Asia & Oceania Gastric Electrical Stimulators Market Outlook: Historical (2019-2023) and Forecast (2024 - 2031)
- 8.1. Key Highlights
- 8.2. Pricing Analysis
- 8.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 8.3.1. By Country
- 8.3.2. By Type
- 8.3.3. By Application
- 8.3.4. By End-User
- 8.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024 - 2031
- 8.4.1. India
- 8.4.2. Southeast Asia
- 8.4.3. ANZ
- 8.4.4. Rest of South Asia & Oceania
- 8.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024 - 2031
- 8.5.1. High Frequency
- 8.5.2. Low Frequency
- 8.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2024 - 2031
- 8.6.1. Gastroparesis
- 8.6.2. Obesity
- 8.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-User, 2024 - 2031
- 8.7.1. Hospitals
- 8.7.2. Ambulatory surgical centers
- 8.7.3. Other End Users
- 8.8. Market Attractiveness Analysis
9. Latin America Gastric Electrical Stimulators Market Outlook: Historical (2019-2023) and Forecast (2024 - 2031)
- 9.1. Key Highlights
- 9.2. Pricing Analysis
- 9.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 9.3.1. By Country
- 9.3.2. By Type
- 9.3.3. By Application
- 9.3.4. By End-User
- 9.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024 - 2031
- 9.4.1. Brazil
- 9.4.2. Mexico
- 9.4.3. Rest of Latin America
- 9.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024 - 2031
- 9.5.1. High Frequency
- 9.5.2. Low Frequency
- 9.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2024 - 2031
- 9.6.1. Gastroparesis
- 9.6.2. Obesity
- 9.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-User, 2024 - 2031
- 9.7.1. Hospitals
- 9.7.2. Ambulatory surgical centers
- 9.7.3. Other end users
- 9.8. Market Attractiveness Analysis
10. Middle East & Africa Gastric Electrical Stimulators Market Outlook: Historical (2019-2023) and Forecast (2024 - 2031)
- 10.1. Key Highlights
- 10.2. Pricing Analysis
- 10.3. Historical Market Size (US$ Mn) and Volume (Units) Analysis By Market, 2019-2023
- 10.3.1. By Country
- 10.3.2. By Type
- 10.3.3. By Application
- 10.3.4. By End-User
- 10.4. Current Market Size (US$ Mn) and Volume (Units) Forecast By Country, 2024 - 2031
- 10.4.1. GCC
- 10.4.2. Egypt
- 10.4.3. South Africa
- 10.4.4. Northern Africa
- 10.4.5. Rest of Middle East & Africa
- 10.5. Current Market Size (US$ Mn) and Volume (Units) Forecast By Type, 2024 - 2031
- 10.5.1. High Frequency
- 10.5.2. Low Frequency
- 10.6. Current Market Size (US$ Mn) and Volume (Units) Forecast By Application, 2024 - 2031
- 10.6.1. Gastroparesis
- 10.6.2. Obesity
- 10.7. Current Market Size (US$ Mn) and Volume (Units) Forecast By End-User, 2024 - 2031
- 10.7.1. Hospitals
- 10.7.2. Ambulatory surgical centers
- 10.7.3. Other end users
- 10.8. Market Attractiveness Analysis
11. Competition Landscape
- 11.1. Market Share Analysis, 2024
- 11.2. Market Structure
- 11.2.1. Competition Intensity Mapping By Market
- 11.2.2. Competition Low Frequency
- 11.2.3. Apparent Product Capacity
- 11.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
- 11.3.1. Medtronic Plc.
- 11.3.1.1. Overview
- 11.3.1.2. Segments and Product
- 11.3.1.3. Key Financials
- 11.3.1.4. Market Developments
- 11.3.1.5. Market Strategy
- 11.3.2. IntraPace Inc.
- 11.3.2.1. Overview
- 11.3.2.2. Segments and Product
- 11.3.2.3. Key Financials
- 11.3.2.4. Market Developments
- 11.3.2.5. Market Strategy
- 11.3.3. ReShape Lifesciences Inc.
- 11.3.3.1. Overview
- 11.3.3.2. Segments and Product
- 11.3.3.3. Key Financials
- 11.3.3.4. Market Developments
- 11.3.3.5. Market Strategy
- 11.3.4. Changzhou Ruishen Medical Equipment Co. Ltd.
- 11.3.4.1. Overview
- 11.3.4.2. Segments and Product
- 11.3.4.3. Key Financials
- 11.3.4.4. Market Developments
- 11.3.4.5. Market Strategy
- 11.3.5. Chentao Medical Equipment
- 11.3.5.1. Overview
- 11.3.5.2. Segments and Product
- 11.3.5.3. Key Financials
- 11.3.5.4. Market Developments
- 11.3.5.5. Market Strategy
- 11.3.6. Rishena Co. Ltd.
- 11.3.6.1. Overview
- 11.3.6.2. Segments and Product
- 11.3.6.3. Key Financials
- 11.3.6.4. Market Developments
- 11.3.6.5. Market Strategy
- 11.3.7. Enterra TM
- 11.3.7.1. Overview
- 11.3.7.2. Segments and Product
- 11.3.7.3. Key Financials
- 11.3.7.4. Market Developments
- 11.3.7.5. Market Strategy
- 11.3.1. Medtronic Plc.
12. Appendix
- 12.1. Research Methodology
- 12.2. Research Assumptions
- 12.3. Acronyms and Abbreviations
