Market Research

Bioelectric Medicine Market is Projected to Reach $39.06 billion by 2030 | CAGR 6.4%

Sep 7, 2020 9:23 AM ET
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iCrowd Newswire – Sep 7, 2020

A recent report published by Report Ocean on the Bioelectric Medicine market is a detailed study of the key market dynamics. A thorough research of the Bioelectric Medicine market considering historical as well as current business parameters and expectations analysed to study market growth with utmost accuracy. The research study identifies key factors affecting the Bioelectric Medicine market during the forecast period 2020-2030.

To get sample of the global Bioelectric Medicine market report:

Bioelectric medicines, also known as electroceuticals, are medical devices that are used to restore health in patients. Bioelectric medicines function through neurostimulation and modulation of the nervous systems through electrical impulses.

Global bioelectric medicine market will reach $39.06 billion by 2030, growing by 6.4% annually over 2020-2030 driven by growing geriatric population and rising acceptance of bioelectric medicines.

In the research study of the global Bioelectric Medicine market, the market has been segmented on the basis of Product, and End-User.

Based on Product Type

  • Implantable Bioelectric Medicine
    • Cardiac Pacemaker
    • Implantable Cardioverter Defibrillators (ICD)
    • Spinal Cord Stimulators (split into Chronic Pain, Failed Back Syndrome (FBSS), Ischemia by application)
    • Cochlear Implants
    • Deep Brain Stimulators (split into Parkinsons Disease, Tremor, Depression, Other Deep Brain Stimulation Applications by application)
    • Vagus Nerve Stimulators
    • Sacral Nerve Stimulators (split into Urinary Incontinence and Fecal Incontinence by application)
    • Retinal Implants
    • Others
  • Non-invasive Bioelectric Medicine
    • Transcutaneous Electrical Nerve Stimulators
    • Transcranial Magnetic Stimulation (TMS)
    • Pulsed Electromagnetic Field Therapy
    • Others

By End-User

  • Hospitals and Clinics
  • Research Institutes
  • Individual Users

Regional Segmentation of the Bioelectric Medicine market:

  • North America (U.S., Canada, and Mexico)
  • Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
  • APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
  • South America (Brazil, Chile, Argentina, Rest of South America)
  • RoW (Saudi Arabia, UAE, South Africa)

The market has been segmented in major regions to understand the global and local demand and supply patterns of the Bioelectric Medicine market.

Some major companies operating in the global Bioelectric Medicine market are:

  • Abbott Laboratories
  • Boston Scientific Corporation
  • Cochlear Limited
  • electroCore, Inc.
  • Inspire Medical Systems, Inc.
  • LivaNova PLC
  • Medtronic PLC
  • NeuroMetrix, Inc
  • Nevro Corp.
  • Nuvectra Corporation
  • Pixium Vision
  • Second Sight Medical Products Inc
  • SetPoint Medical
  • Sonova Holding AG
  • Jude Medical, Inc.
  • Stimwave LLC

Objectives of this report:

  • To estimate the market size of global Bioelectric Medicine market at regional and global level.
  • To identify major market segments in the Bioelectric Medicine market and evaluate the market share.
  • To offer a competitive scenario of the worldwide Bioelectric Medicine market with major key developments in the historic years.
  • To study the market on the basis of various economic models that include PESTLE analysis, Porter’s Five Force Model and others.
  • To analyse key growth factors of the Bioelectric Medicine market during the forecast period.

Reasons to Buy this Report:

  • Market size estimation of the global and regional Bioelectric Medicine market.
  • To identify major companies operating in the Bioelectric Medicine market along with related competitive developments
  • Global Bioelectric Medicine market is a unique research design for market size estimation and forecast data.
  • The report offers niche insights of the Bioelectric Medicine market to help in the strategic decision-making process.
  • The report covers all possible market segments and sub-segments under exhaustive scope of the Bioelectric Medicine market.


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Keywords:    Bioelectric Medicine Market