Electroceuticals / Bioelectric Medicine Market
Electroceuticals / Bioelectric Medicine Market Analysis By Product Type (Cardiac Pacemakers & ICDs, Cochlear Implants, Spinal Cord Stimulators, Deep Brain Stimulators & Others) By End-User and By Region – Global Market Insights 2022 to 2026
Analysis of Electroceuticals / Bioelectric Medicine market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Electroceuticals / Bioelectric Medicine Market Outlook (2022-2026)
The global electroceuticals / bioelectric medicine market is valued at US$ 24.5 billion and is projected to attain a revenue of US$ 32.1 billion by the end of 2026. This Fact.MR survey predicts worldwide demand for electroceuticals / bioelectric medicines to increase rapidly at a CAGR of 6.9% over the next four years.
Advancements in the medical industry have picked up pace over the past few years and have revolutionized medicine and treatments, which has subsequently driven the growth of the electroceuticals / bioelectric medicine market.
Report Attributes |
Details |
|---|---|
|
Electroceuticals / Bioelectric Medicine Market Size (2022) |
US$ 24.5 Billion |
|
Projected Market Value (2026F) |
US$ 32.1 Billion |
|
Global Market Growth Rate (2022-2026) |
6.9% CAGR |
|
North America Market Share (2022) |
30% |
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Key Companies Profiled |
|
Know thy Competitors
Competitive landscape highlights only certain players
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Revenue Analysis of Electroceuticals / Bioelectric Medicines (2017-2021) in Comparison to Market Growth Forecasts (2022-2026)
Rapid advancements in the healthcare industry and increasing proliferation of technology in medical applications are expected to fuel electroceuticals / bioelectric medicine market growth across the forecast period.
Sales of bioelectric medicines and electroceuticals are projected to increase at a brisk pace at a CAGR of 6.9% from 2022 to 2026.
Increasing investments in the R&D sector, growing aging population, high incidence of chronic diseases, rapid advances in medical technology, and growing awareness and acceptance of alternative medicine are prime factors that are predicted to positively impact market growth over the next four years.
Rising popularity of minimally-invasive procedures is expected to result in higher demand for non-invasive electroceutical devices than implantable electroceutical devices.
However, stringent regulatory norms, frequent product recalls, longer time for approvals, and high costs are expected to be the key prospects that could constrain electroceuticals / bioelectric medicine market potential throughout the forecast period.
What’s Driving Electroceuticals / Bioelectric Medicine Market Potential?
“Rising Incidence of Cardiovascular Illnesses across Regions”
The world has witnessed a notable increase in the prevalence of cardiovascular disorders and this is expected to favor electroceuticals / bioelectric medicine market growth across the forecast period.
Electroceuticals and bioelectric medicines are being used in the treatment of several cardiovascular disorders and this trend is anticipated to be rife over the next few years. Implantable cardioverter defibrillators are expected to witness high demand through 2026.
“Increasing Investments in Research & Development”
Focus on healthcare has bolstered over the past couple of decades owing to the emergence of chronic and infectious diseases across the world. This has subsequently led to an increased demand for new treatments and is driving the demand for more research and development in the healthcare industry.
Governments are launching supportive initiatives and funding to advance research and development and this is expected to favor electroceuticals / bioelectric medicine market potential over the next four years.
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What’s Dwarfing Electroceutical / Bioelectric Medicine Sales?
“Stringent Regulatory Mandates by Various Organizations”
Governments across the world have been implementing strict norms for the development and manufacturing of medical devices and other medical products to ensure patient safety. This creates a major challenge for electroceutical and bioelectric medicine manufacturers and acts as a restraining factor for the overall electroceuticals / bioelectric medicine market growth throughout the forecast period.
“Product Recalls & High Cost of Development”
Electroceuticals and bioelectric medicines need to undergo rigorous testing through clinical trials to be approved by regulatory authorities and commercialized further. This clinical testing increases the overall development costs and hence results in an expensive product which potentially slows down the overall market revenue generation.
Frequent product recalls owing to long-term side effects and improper operation are becoming a common trend in the market and are expected to hinder electroceutical / bioelectric medicine demand over the coming years.
How Can Aspiring Market Players Make a Mark in This Marketplace?
“Start-ups Can Leverage Use of Technology to Develop Novel Products”
Upcoming market players are anticipated to focus on the innovation and integration of advanced technologies to create novel electroceuticals / bioelectric medications.
- Theranica, a company focused on developing advanced digital therapeutics, founded in 2016, developed a novel therapeutic electroceutical device that helps in addressing migraine pain. Nerivio is cleared by the FDA for the treatment of episodic and chronic migraine and is a wearable device that can be controlled via a smartphone.
- A digital health start-up based in Israel, Healables, is focusing on developing home-based electroceutical treatment. The device developed by the start-up delivers electrotherapy for the legs and arms. The company is developing two models, of which, one is for athletes and the other would be a medical model available through prescription.
Which Region Should Electroceutical / Bioelectric Medicine Companies Target?
“North America & Europe to Be Leading Regional Markets”
The market for electroceuticals / bioelectric medicines in North America currently accounts for a dominant market share and is expected to maintain a similar stance throughout the forecast period.
Market growth in this region can be attributed to the presence of key market players such as Medtronic, Abbott, and Boston Scientific, along with high investments in the research and development sector. The United States and Canada are projected to be the prime markets in this region over the next four years.
The Europe electroceuticals / bioelectric medicine market is expected to exhibit lucrative opportunities owing to its rising geriatric population and increasing investments in healthcare infrastructure development. Prevalence of chronic diseases and adoption of novel medical technologies are also anticipated to attract electroceutical / bioelectric medicine manufacturers toward this region through 2026.
A detailed and comprehensive regional assessment has been provided in this latest electroceuticals / bioelectric medicine market study by analysts at Fact.MR, a market research and competitive intelligence provider.
Country-wise Insights
How Investment-worthy is the U.S. Market?
“High Spending on Research Providing Rewarding Business Opportunities”
The United States electroceuticals / bioelectric medicine market is anticipated to emerge as a highly lucrative market for key companies as well as aspiring startups owing to its developed healthcare infrastructure and rapid adoption of novel technologies.
High spending on research and development activities in the country is also expected to propel electroceutical and bioelectric medicine sales in the country through 2026. Supportive government initiatives are projected to further bolster electroceutical / bioelectric medicine demand.
Demand for advanced bioelectric medicines for treatments in the United States is expected to be governed by factors such as the growing geriatric population, rising incidence of cardiovascular disorders, and high healthcare expenditure.
Category-wise Insights
Which Product Type is Anticipated to Lead Revenue Generation?
“Cardiac Pacemakers & ICDs to Drive Global Electroceutical / Bioelectric Medicine Demand”
The global electroceuticals / bioelectric medicine market based on product type is segmented into cardiac pacemakers & ICDs, cochlear implants, spinal cord stimulators, deep brain stimulators, and other product types.
The cardiac pacemakers and ICDs segment is anticipated to account for a dominant market share throughout the forecast period owing to the rising incidence of cardiovascular disorders across the world.
The growth of the geriatric population which is more prone to cardiac diseases is also expected to supplement the demand for cardiac pacemakers and ICDs over the next four years. The growing aging population is also expected to drive demand for cochlear implants over the forecast period.
An increasing number of accidents and rising trauma cases are projected to favor demand for spinal cord stimulators. The high prevalence of neurological disorders and advancements in neurological therapies and treatments are anticipated to positively influence the growth of the deep brain stimulators segment over the years to come.
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Competitive Landscape
Suppliers of bioelectric medicines and electroceuticals are expected to adopt various strategies to strengthen their R&D capabilities to fast-track the launch of novel products and increase their market presence.
- In May 2021, Micron Medical, a private medical device company specializing in the development and manufacturing of minimally-invasive electroceutical devices, announced the sale of its pain nerve stimulator franchise to Pain Specialists Group Ltd. Moventis PNS is an implantable and drug-free pain nerve stimulator approved by the FDA in 2020.
Collaborations, partnerships, mergers, and acquisitions are expected to be popular among bioelectric medicine manufacturers and electroceutical companies over the coming years.
- In June 2021, NeuroSigma, a company focused on the development and commercialization of trigeminal nerve stimulation (TNS), partnered with KT, a leading telecom giant in South Korea. This partnership was aimed at promoting the commercialization and development of a new electroceutical based on eTNS.
- In January 2020, Medtronic, a leading medical device manufacturer, announced the acquisition of Stimgenics, an organization that pioneered a novel spinal cord stimulation. The acquisition was aimed at expanding Medtronic’s pain therapies business division.
Electroceuticals / Bioelectric Medicine Industry Research Segmentations
-
By Product Type :
- Cardiac Pacemakers & ICDs
- Cochlear Implants
- Spinal Cord Stimulators
- Deep Brain Stimulators
- Other Product Types
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By End User :
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- Other End Users
-
By Region :
- North America
- Latin America
- Europe
- APAC
- MEA
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 2.3. Inclusions/Exclusions 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Type modifications /Innovation 4. Key Success Factors 4.1. Strategic Developments 4.2. Key regulations 4.3. Product Type USPs /Technology 4.4. List of Manufacturers and Providers 5. Market Background 5.1. Macro-Economic Factors 5.1.1. Global GDP outlook 5.1.2. Increasing R&D Expenditure 5.2. Forecast Factors - Relevance & Impact 5.2.1. New Product Type launches 5.2.2. Cost of Product Types 5.3. Market Dynamics 5.3.1. Drivers 5.3.2. Restraints 5.3.3. Opportunity Analysis 6. COVID19 Crisis Analysis 6.1. Current COVID19 Statistics and Probable Future Impact 6.2. Current GDP Projection and Probable Impact 6.3. Current Economic Projection as Compared to 2008 Economic analysis 6.4. COVID19 and Impact Analysis 6.4.1. Revenue By Product Type 6.4.2. Revenue By End User 6.4.3. Revenue By Country 6.5. 2021 Market Scenario 6.6. Quarter by Quarter Forecast 6.7. Projected Recovery Quarter 7. Global Electroceuticals / Bioelectric Medicine Market Volume (Units) Analysis 2017-2021 and Forecast, 2022-2026 7.1. Historical Market Volume (Units) Analysis, 2017-2021 7.2. Current and Future Market Volume (Units) Projections, 2022-2026 7.2.1. Y-o-Y Growth Trend Analysis 8. Global Electroceuticals / Bioelectric Medicine Market - Pricing Analysis 8.1. Regional Pricing Analysis By Product Type 8.2. Pricing Break-up 8.2.1. Manufacturer Level Pricing 8.2.2. Distributor Level Pricing 8.3. Global Average Pricing Analysis Benchmark 9. Global Electroceuticals / Bioelectric Medicine Market Value Analysis 2017–2021 and Forecast, 2022-2026 9.1. Historical Market Value (US$ Mn) Analysis, 2017–2021 9.2. Current and Future Market Value (US$ Mn) Projections, 2022-2026 9.2.1. Y-o-Y Growth Trend Analysis 9.2.2. Absolute $ Opportunity Analysis 10. Global Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026, by Product Type 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) Analysis By Product Types & Services, 2017–2021 10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Product Type, 2022-2026 10.3.1. Cardiac Pacemakers & ICDs 10.3.2. Cochlear Implants 10.3.3. Spinal Cord Stimulators 10.3.4. Deep Brain Stimulators 10.3.5. Other Product Types 10.4. Market Attractiveness Analysis By Product Type 11. Global Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026, by End User 11.1. Introduction / Key Findings 11.2. Historical Market Size (US$ Mn) Analysis By End User , 2017–2021 11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User , 2022-2026 11.3.1. Hospitals 11.3.2. Clinics 11.3.3. Ambulatory Surgical Centers 11.3.4. Other End Users 11.4. Market Attractiveness Analysis By End User 12. Global Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026, by Region 12.1. Introduction 12.2. Historical Market Size (US$ Mn) Analysis By Region, 2017–2021 12.3. Current Market Size (US$ Mn) Analysis and Forecast By Region, 2022-2026 12.3.1. North America 12.3.2. Latin America 12.3.3. Europe 12.3.4. East Asia 12.3.5. South Asia 12.3.6. Oceania 12.3.7. Middle East and Africa (MEA) 12.4. Market Attractiveness Analysis By Region 13. North America Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026 13.1. Introduction 13.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 13.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2026 13.3.1. By Country 13.3.1.1. U.S. 13.3.1.2. Canada 13.3.2. By Product Type 13.3.3. By End User 13.4. Market Attractiveness Analysis 13.5. Key Market Participants - Intensity Mapping 13.6. Drivers and Restraints - Impact Analysis 14. Latin America Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026 14.1. Introduction 14.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 14.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2026 14.3.1. By Country 14.3.1.1. Brazil 14.3.1.2. Mexico 14.3.1.3. Argentina 14.3.1.4. Rest of Latin America 14.3.2. By Product Type 14.3.3. By End User 14.4. Market Attractiveness Analysis 14.5. Key Market Participants - Intensity Mapping 14.6. Drivers and Restraints - Impact Analysis 15. Europe Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026 15.1. Introduction 15.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 15.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2026 15.3.1. By Country 15.3.1.1. Germany 15.3.1.2. Italy 15.3.1.3. France 15.3.1.4. U.K. 15.3.1.5. Spain 15.3.1.6. Russia 15.3.1.7. Rest of Europe 15.3.2. By Product Type 15.3.3. By End User 15.4. Market Attractiveness Analysis 15.5. Key Market Participants - Intensity Mapping 15.6. Drivers and Restraints - Impact Analysis 16. South Asia Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026 16.1. Introduction 16.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 16.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2026 16.3.1. By Country 16.3.1.1. India 16.3.1.2. Thailand 16.3.1.3. Indonesia 16.3.1.4. Malaysia 16.3.1.5. Rest of South Asia 16.3.2. By Product Type 16.3.3. By End User 16.4. Market Attractiveness Analysis 16.5. Key Market Participants - Intensity Mapping 16.6. Drivers and Restraints - Impact Analysis 17. East Asia Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026 17.1. Introduction 17.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 17.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2026 17.3.1. By Country 17.3.1.1. China 17.3.1.2. Japan 17.3.1.3. South Korea 17.3.1.4. Rest of East Asia 17.3.2. By Product Type 17.3.3. By End User 17.4. Market Attractiveness Analysis 17.5. Key Market Participants - Intensity Mapping 17.6. Drivers and Restraints - Impact Analysis 18. Oceania Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026 18.1. Introduction 18.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 18.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2026 18.3.1. By Country 18.3.1.1. Australia 18.3.1.2. New Zealand 18.3.2. By Product Type 18.3.3. By End User 18.4. Market Attractiveness Analysis 18.5. Key Market Participants - Intensity Mapping 18.6. Drivers and Restraints - Impact Analysis 19. Middle East and Africa Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026 19.1. Introduction 19.2. Historical Market Size (US$ Mn) Trend Analysis By Market Taxonomy, 2017–2021 19.3. Market Size (US$ Mn) Forecast By Market Taxonomy, 2022-2026 19.3.1. By Country 19.3.1.1. GCC Countries 19.3.1.2. South Africa 19.3.1.3. Rest of Middle East and Africa 19.3.2. By Product Type 19.3.3. By End User 19.4. Market Attractiveness Analysis 19.5. Drivers and Restraints - Impact Analysis 20. Key and Emerging Countries Electroceuticals / Bioelectric Medicine Market Analysis 2017–2021 and Forecast 2022-2026 20.1. Introduction 20.1.1. Market Value Proportion Analysis, By Key Countries 20.1.2. Global Vs. Country Growth Comparison 20.2. U.S. Electroceuticals / Bioelectric Medicine Market Analysis 20.2.1. By Product Type 20.2.2. By End User 20.3. Canada Electroceuticals / Bioelectric Medicine Market Analysis 20.3.1. By Product Type 20.3.2. By End User 20.4. Mexico Electroceuticals / Bioelectric Medicine Market Analysis 20.4.1. By Product Type 20.4.2. By End User 20.5. Brazil Electroceuticals / Bioelectric Medicine Market Analysis 20.5.1. By Product Type 20.5.2. By End User 20.6. U.K. Electroceuticals / Bioelectric Medicine Market Analysis 20.6.1. By Product Type 20.6.2. By End User 20.7. Germany Electroceuticals / Bioelectric Medicine Market Analysis 20.7.1. By Product Type 20.7.2. By End User 20.8. France Electroceuticals / Bioelectric Medicine Market Analysis 20.8.1. By Product Type 20.8.2. By End User 20.9. Italy Electroceuticals / Bioelectric Medicine Market Analysis 20.9.1. By Product Type 20.9.2. By End User 20.10. Spain Electroceuticals / Bioelectric Medicine Market Analysis 20.10.1. By Product Type 20.10.2. By End User 20.11. BENELUX Electroceuticals / Bioelectric Medicine Market Analysis 20.11.1. By Product Type 20.11.2. By End User 20.12. Russia Electroceuticals / Bioelectric Medicine Market Analysis 20.12.1. By Product Type 20.12.2. By End User 20.13. China Electroceuticals / Bioelectric Medicine Market Analysis 20.13.1. By Product Type 20.13.2. By End User 20.14. Japan Electroceuticals / Bioelectric Medicine Market Analysis 20.14.1. By Product Type 20.14.2. By End User 20.15. South Korea Electroceuticals / Bioelectric Medicine Market Analysis 20.15.1. By Product Type 20.15.2. By End User 20.16. India Electroceuticals / Bioelectric Medicine Market Analysis 20.16.1. By Product Type 20.16.2. By End User 20.17. ASEAN Electroceuticals / Bioelectric Medicine Market Analysis 20.17.1. By Product Type 20.17.2. By End User 20.18. Australia Electroceuticals / Bioelectric Medicine Market Analysis 20.18.1. By Product Type 20.18.2. By End User 20.19. New Zealand Electroceuticals / Bioelectric Medicine Market Analysis 20.19.1. By Product Type 20.19.2. By End User 20.20. GCC Countries Electroceuticals / Bioelectric Medicine Market Analysis 20.20.1. By Product Type 20.20.2. By End User 20.21. Turkey Electroceuticals / Bioelectric Medicine Market Analysis 20.21.1. By Product Type 20.21.2. By End User 20.22. South Africa Electroceuticals / Bioelectric Medicine Market Analysis 20.22.1. By Product Type 20.22.2. By End User 21. Market Structure Analysis 21.1. Market Analysis by Tier of Companies 21.2. Market Concentration 21.3. Market Share Analysis of Top Players 21.4. Market Presence Analysis 21.4.1. By Regional footprint of Players 21.4.2. Product Type foot print by Players 21.4.3. Channel Foot Print by Players 22. Competition Analysis 22.1. Competition Dashboard 22.2. Competition Benchmarking 22.3. Competition Deep dive 22.3.1. Sonova Holding AG 22.3.1.1. Overview 22.3.1.2. Product Type Portfolio 22.3.1.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.1.4. Sales Footprint 22.3.1.5. Strategy Overview 22.3.2. LivaNova PLC 22.3.2.1. Overview 22.3.2.2. Product Type Portfolio 22.3.2.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.2.4. Sales Footprint 22.3.2.5. Strategy Overview 22.3.3. Soterix Medical Inc. 22.3.3.1. Overview 22.3.3.2. Product Type Portfolio 22.3.3.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.3.4. Sales Footprint 22.3.3.5. Strategy Overview 22.3.4. NeuroPace Inc. 22.3.4.1. Overview 22.3.4.2. Product Type Portfolio 22.3.4.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.4.4. Sales Footprint 22.3.4.5. Strategy Overview 22.3.5. Stimwave LLC 22.3.5.1. Overview 22.3.5.2. Product Type Portfolio 22.3.5.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.5.4. Sales Footprint 22.3.5.5. Strategy Overview 22.3.6. Vomaris Innovations Inc. 22.3.6.1. Overview 22.3.6.2. Product Type Portfolio 22.3.6.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.6.4. Sales Footprint 22.3.6.5. Strategy Overview 22.3.7. Nevro Corporation 22.3.7.1. Overview 22.3.7.2. Product Type Portfolio 22.3.7.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.7.4. Sales Footprint 22.3.7.5. Strategy Overview 22.3.8. Biotronik 22.3.8.1. Overview 22.3.8.2. Product Type Portfolio 22.3.8.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.8.4. Sales Footprint 22.3.8.5. Strategy Overview 22.3.9. Second Sight Medical Products Inc. 22.3.9.1. Overview 22.3.9.2. Product Type Portfolio 22.3.9.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.9.4. Sales Footprint 22.3.9.5. Strategy Overview 22.3.10. Oticon Medical 22.3.10.1. Overview 22.3.10.2. Product Type Portfolio 22.3.10.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.10.4. Sales Footprint 22.3.10.5. Strategy Overview 22.3.11. Boston Scientific Corporation 22.3.11.1. Overview 22.3.11.2. Product Type Portfolio 22.3.11.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.11.4. Sales Footprint 22.3.11.5. Strategy Overview 22.3.12. St. Jude Medical 22.3.12.1. Overview 22.3.12.2. Product Type Portfolio 22.3.12.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.12.4. Sales Footprint 22.3.12.5. Strategy Overview 22.3.13. GiMer Medical 22.3.13.1. Overview 22.3.13.2. Product Type Portfolio 22.3.13.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.13.4. Sales Footprint 22.3.13.5. Strategy Overview 22.3.14. Cochlear Limited 22.3.14.1. Overview 22.3.14.2. Product Type Portfolio 22.3.14.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.14.4. Sales Footprint 22.3.14.5. Strategy Overview 22.3.15. ElectroCore LLC 22.3.15.1. Overview 22.3.15.2. Product Type Portfolio 22.3.15.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.15.4. Sales Footprint 22.3.15.5. Strategy Overview 22.3.16. BioElectronics Corporation 22.3.16.1. Overview 22.3.16.2. Product Type Portfolio 22.3.16.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.16.4. Sales Footprint 22.3.16.5. Strategy Overview 22.3.17. MED-EL 22.3.17.1. Overview 22.3.17.2. Product Type Portfolio 22.3.17.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.17.4. Sales Footprint 22.3.17.5. Strategy Overview 22.3.18. Set Point Medical 22.3.18.1. Overview 22.3.18.2. Product Type Portfolio 22.3.18.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.18.4. Sales Footprint 22.3.18.5. Strategy Overview 22.3.19. Cefaly Technology 22.3.19.1. Overview 22.3.19.2. Product Type Portfolio 22.3.19.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.19.4. Sales Footprint 22.3.19.5. Strategy Overview 22.3.20. Medtronic plc. 22.3.20.1. Overview 22.3.20.2. Product Type Portfolio 22.3.20.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.20.4. Sales Footprint 22.3.20.5. Strategy Overview 22.3.21. EnteroMedics Inc. 22.3.21.1. Overview 22.3.21.2. Product Type Portfolio 22.3.21.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.21.4. Sales Footprint 22.3.21.5. Strategy Overview 22.3.22. BioWave Corporation 22.3.22.1. Overview 22.3.22.2. Product Type Portfolio 22.3.22.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.22.4. Sales Footprint 22.3.22.5. Strategy Overview 22.3.23. NeuroSigma Inc. 22.3.23.1. Overview 22.3.23.2. Product Type Portfolio 22.3.23.3. Profitability by Market Segments (Product Type/Channel/Region) 22.3.23.4. Sales Footprint 22.3.23.5. Strategy Overview 23. Assumptions and Acronyms Used 24. Research Methodology
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List Of Table
Table 01: Global Electroceuticals / Bioelectric Medicine Market Volume (‘000 Units) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 02: Global Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 03: Global Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By End User
Table 04: Global Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Region
Table 05: North America Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2026, By Country
Table 06: North America Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 07: North America Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By End User
Table 08: Latin America Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2026, By Country
Table 09: Latin America Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 10: Latin America Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By End User
Table 11: Europe Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2026, By Country
Table 12: Europe Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 13: Europe Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By End User
Table 14: South Asia Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2026, By Country
Table 15: South Asia Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 16: South Asia Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By End User
Table 17: East Asia Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2026, By Country
Table 18: East Asia Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 19: East Asia Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By End User
Table 20: Oceania Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2026, By Country
Table 21: Oceania Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 22: Oceania Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By End User
Table 23: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis 2017-2021 and Forecast 2022–2026, By Country
Table 24: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By Product Type
Table 25: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Value (US$ Mn) Analysis and Opportunity Assessment 2017–2026, By End User
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List Of Figures
Figure 01: Global Electroceuticals / Bioelectric Medicine Market Volume (in 000' Units) Analysis, 2017-2021
Figure 02: Global Electroceuticals / Bioelectric Medicine Market Volume Forecast (in 000' Units), 2022-2026
Figure 03: Electroceuticals / Bioelectric Medicine Pricing Analysis (US$) Per Product Type, By Region, 2021
Figure 04: Electroceuticals / Bioelectric Medicine Pricing Analysis (US$) Per Product Type, By Region, 2021
Figure 05: Global Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2017-2021
Figure 06: Global Electroceuticals / Bioelectric Medicine Market Value Forecast (US$ Mn), 2022-2026
Figure 07: Global Electroceuticals / Bioelectric Medicine Market Absolute $ Opportunity, 2022-2026
Figure 08: Global Electroceuticals / Bioelectric Medicine Market Share Analysis (%), By Product Type, 2022-2026
Figure 09: Global Electroceuticals / Bioelectric Medicine Market Y-o-Y Analysis (%), By Product Type, 2022-2026
Figure 10: Global Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Product Type, 2022-2026
Figure 11: Global Electroceuticals / Bioelectric Medicine Market Share Analysis (%), By End User, 2022-2026
Figure 12: Global Electroceuticals / Bioelectric Medicine Market Y-o-Y Analysis (%), By End User, 2022-2026
Figure 13: Global Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by End User, 2022-2026
Figure 14: Global Electroceuticals / Bioelectric Medicine Market Share Analysis (%), By Region, 2022-2026
Figure 15: Global Electroceuticals / Bioelectric Medicine Market Y-o-Y Analysis (%), By Region, 2022-2026
Figure 16: Global Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Region, 2022-2026
Figure 17: North America Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 18: North America Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 19: North America Electroceuticals / Bioelectric Medicine Market Value Share, By Country, 2022 (E)
Figure 20: North America Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2017-2021
Figure 21: North America Electroceuticals / Bioelectric Medicine Market Value Forecast (US$ Mn), 2022-2026
Figure 22: North America Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Product Type, 2022-2026
Figure 23: North America Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by End User, 2022-2026
Figure 24: North America Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Country, 2022-2026
Figure 25: Latin America Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 26: Latin America Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 27: Latin America Electroceuticals / Bioelectric Medicine Market Value Share, By Country, 2022 (E)
Figure 28: Latin America Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2017-2021
Figure 29: Latin America Electroceuticals / Bioelectric Medicine Market Value Forecast (US$ Mn), 2022-2026
Figure 30: Latin America Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Product Type, 2022-2026
Figure 31: Latin America Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by End User, 2022-2026
Figure 32: Latin America Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Country, 2022-2026
Figure 33: Europe Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 34: Europe Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 35: Europe Electroceuticals / Bioelectric Medicine Market Value Share, By Country, 2022 (E)
Figure 36: Europe Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2017-2021
Figure 37: Europe Electroceuticals / Bioelectric Medicine Market Value Forecast (US$ Mn), 2022-2026
Figure 38: Europe Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Product Type, 2022-2026
Figure 39: Europe Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by End User, 2022-2026
Figure 40: Europe Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Country, 2022-2026
Figure 41: South Asia Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 42: South Asia Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 43: South Asia Electroceuticals / Bioelectric Medicine Market Value Share, By Country, 2022 (E)
Figure 44: South Asia Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2017-2021
Figure 45: South Asia Electroceuticals / Bioelectric Medicine Market Value Forecast (US$ Mn), 2022-2026
Figure 46: South Asia Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Product Type, 2022-2026
Figure 47: South Asia Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by End User, 2022-2026
Figure 48: South Asia Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Country, 2022-2026
Figure 49: East Asia Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 50: East Asia Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 51: East Asia Electroceuticals / Bioelectric Medicine Market Value Share, By Country, 2022 (E)
Figure 52: East Asia Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2017-2021
Figure 53: East Asia Electroceuticals / Bioelectric Medicine Market Value Forecast (US$ Mn), 2022-2026
Figure 54: East Asia Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Product Type, 2022-2026
Figure 55: East Asia Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by End User, 2022-2026
Figure 56: East Asia Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Country, 2022-2026
Figure 57: Oceania Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 58: Oceania Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 59: Oceania Electroceuticals / Bioelectric Medicine Market Value Share, By Country, 2022 (E)
Figure 60: Oceania Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2017-2021
Figure 61: Oceania Electroceuticals / Bioelectric Medicine Market Value Forecast (US$ Mn), 2022-2026
Figure 62: Oceania Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Product Type, 2022-2026
Figure 63: Oceania Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by End User, 2022-2026
Figure 64: Oceania Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Country, 2022-2026
Figure 65: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 66: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 67: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Value Share, By Country, 2022 (E)
Figure 68: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2017-2021
Figure 69: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Value Forecast (US$ Mn), 2022-2026
Figure 70: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Product Type, 2022-2026
Figure 71: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by End User, 2022-2026
Figure 72: Middle East and Africa Electroceuticals / Bioelectric Medicine Market Attractiveness Analysis by Country, 2022-2026
Figure 73: U. S. Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 74: U. S. Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 75: U. S. Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 76: Canada Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 77: Canada Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 78: Canada Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 79: Mexico Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 80: Mexico Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 81: Mexico Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 82: Brazil Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 83: Brazil Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 84: Brazil Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 85: U. K. Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 86: U. K. Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 87: U. K. Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 88: Germany Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 89: Germany Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 90: Germany Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 91: France Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 92: France Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 93: France Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 94: Italy Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 95: Italy Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 96: Italy Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 97: Spain Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 98: Spain Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 99: Spain Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 100: Russia Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 101: Russia Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 102: Russia Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 103: China Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 104: China Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 105: China Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 106: Japan Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 107: Japan Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 108: Japan Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 109: South Korea Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 110: South Korea Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 111: South Korea Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 112: India Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 113: India Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 114: India Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 115: ASEAN Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 116: ASEAN Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 117: ASEAN Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 118: Australia Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 119: Australia Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 120: Australia Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 121: New Zealand Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 122: New Zealand Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 123: New Zealand Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 124: GCC Countries Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 125: GCC Countries Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 126: GCC Countries Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 127: Turkey Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 128: Turkey Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 129: Turkey Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Figure 130: South Africa Electroceuticals / Bioelectric Medicine Market Value Analysis (US$ Mn), 2022 & 2026
Figure 131: South Africa Electroceuticals / Bioelectric Medicine Market Value Share, By Product Type, 2022 (E)
Figure 132: South Africa Electroceuticals / Bioelectric Medicine Market Value Share, By End User, 2022 (E)
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
- FAQs -
What is the electroceuticals / bioelectric medicine market value?
The global electroceuticals / bioelectric medicine market is valued at US$ 24.5 billion.
What is the predicted market size for 2026?
Revenue from sales of electroceuticals / bioelectric medicines is estimated to reach US$ 32.1 billion by 2026.
How will demand for electroceuticals / bioelectric medicines evolve in the future?
The electroceuticals / bioelectric medicine market is set to expand at 6.9% CAGR.
Which key market players are profiled in this research study?
Second Sight Medical Products Inc., Oticon Medical, Boston Scientific Corporation, St. Jude Medical, GiMer Medical, Cochlear Limited, ElectroCore LLC, BioElectronics Corporation, MED-EL, Set Point Medical, Cefaly Technology, Medtronic plc., EnteroMedics
What market share is held by North America?
The North America electroceuticals / bioelectric medicine market holds 30% share in the global market.
Electroceuticals / Bioelectric Medicine Market