Global Bioelectric Medicine Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Bioelectric Medicine Market is presumed to reach the market size of nearly USD 50.42 Billion by 2032 from USD 28.18 Billion in 2023 with a CAGR of 6.68% under the study period 2024-2032.

Bioelectric medicine refers to the medical devices that use electrical pulses to modulate the body's neural circuits. It is also popular as an electroceutical. It develops nerve stimulating and sensor activation technologies to regulate biological functions and treat diseases. It combines different technologies such as bioengineering, neuroscience, molecular medicines, electronics and computing etc. It treats various conditions, including rheumatoid arthritis, diabetes, paralysis, cancer, etc. It provides the targeted treatment and controls the neural signals going to specific organs. It avoids the problems of conventional dosage forms.

MARKET DYNAMICS

The key factor driving the demand for the bioelectric medicine market is the growing adoption of electroceuticals for the treatment of various neurological and cardiac disorders such as Parkinson's disease, dystonia and epilepsy. An increase in the geriatric population at risk of neurological and CVD diseases is surging the demand for this market. Moreover, rising research and development activities in bioelectric medical coupled with increasing investment by different organizations for the development of advanced bioelectric medicines are expanding the growth of this market. Furthermore, increasing approvals for bioelectric medicine products by the regulatory authorities is augmenting the demand for this market. However, stringent government rules and regulations for the development & manufacture of medical devices may hinder the growth of this market.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of Bioelectric Medicine. The growth and trends of Bioelectric Medicine industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the Bioelectric Medicine market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Product

Implantable Cardioverter Defibrillators
Cardiac Pacemakers
Cochlear Implants
Spinal Cord Stimulators
Deep Brain Stimulators
Transcutaneous Electrical Nerve Stimulators
Sacral Nerve Stimulators
Vagus Nerve Stimulators
Other

By Type

Implantable Electroceutical Devices
Non-invasive Electroceutical Devices

By Application

Arrhythmia
Pain Management
Sensorineural Hearing Loss
Parkinson's Disease
Tremor
Depression
Treatment-resistant Depression
Epilepsy
Urinary and Fecal Incontinence
Others

By End-use

Hospitals
Others
Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Bioelectric Medicine market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Bioelectric Medicine market include Medtronic, Abbott, Boston Scientific Corporation, Cochlear Ltd., LivaNova PLC, Biotronik SE & Co. KG, ElectroCore Inc., Sonova, Nevro Corp., Stimwave LLC. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11218485

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. BIOELECTRIC MEDICINE - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product
- 3.7.2 Market Attractiveness Analysis By Type
- 3.7.3 Market Attractiveness Analysis By Application
- 3.7.4 Market Attractiveness Analysis By End-use
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL BIOELECTRIC MEDICINE MARKET ANALYSIS BY PRODUCT

5.1. Overview By Product
5.2. Historical and Forecast Data Analysis By Product
5.3. Implantable Cardioverter Defibrillators Historic and Forecast Sales By Regions
5.4. Cardiac Pacemakers Historic and Forecast Sales By Regions
5.5. Cochlear Implants Historic and Forecast Sales By Regions
5.6. Spinal Cord Stimulators Historic and Forecast Sales By Regions
5.7. Deep Brain Stimulators Historic and Forecast Sales By Regions
5.8. Transcutaneous Electrical Nerve Stimulators Historic and Forecast Sales By Regions
5.9. Sacral Nerve Stimulators Historic and Forecast Sales By Regions
5.10. Vagus Nerve Stimulators Historic and Forecast Sales By Regions
5.11. Other Historic and Forecast Sales By Regions

6. GLOBAL BIOELECTRIC MEDICINE MARKET ANALYSIS BY TYPE

6.1. Overview By Type
6.2. Historical and Forecast Data Analysis By Type
6.3. Implantable Electroceutical Devices Historic and Forecast Sales By Regions
6.4. Non-invasive Electroceutical Devices Historic and Forecast Sales By Regions

7. GLOBAL BIOELECTRIC MEDICINE MARKET ANALYSIS BY APPLICATION

7.1. Overview By Application
7.2. Historical and Forecast Data Analysis By Application
7.3. Arrhythmia Historic and Forecast Sales By Regions
7.4. Pain Management Historic and Forecast Sales By Regions
7.5. Sensorineural Hearing Loss Historic and Forecast Sales By Regions
7.6. Parkinson's Disease Historic and Forecast Sales By Regions
7.7. Tremor Historic and Forecast Sales By Regions
7.8. Depression Historic and Forecast Sales By Regions
7.9. Treatment-resistant Depression Historic and Forecast Sales By Regions
7.10. Epilepsy Historic and Forecast Sales By Regions
7.11. Urinary and Fecal Incontinence Historic and Forecast Sales By Regions
7.12. Others Historic and Forecast Sales By Regions

8. GLOBAL BIOELECTRIC MEDICINE MARKET ANALYSIS BY END-USE

8.1. Overview By End-use
8.2. Historical and Forecast Data Analysis By End-use
8.3. Hospitals Historic and Forecast Sales By Regions
8.4. Others Historic and Forecast Sales By Regions

9. GLOBAL BIOELECTRIC MEDICINE MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE BIOELECTRIC MEDICINE COMPANIES

10.1. Bioelectric Medicine Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF BIOELECTRIC MEDICINE INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Medtronic
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. Abbott
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. Boston Scientific Corporation
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. Cochlear Ltd.
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. LivaNova PLC
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. Biotronik SE & Co. KG
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. ElectroCore Inc.
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
11.10. Sonova
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
11.11. Nevro Corp.
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
11.12. Stimwave LLC
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies