Market Insights and Analysis: Electroceuticals/Bioelectric Medicine Market Overview and Projections (2024-2030)
The Global Electroceuticals/Bioelectric Medicine Market size is estimated to grow at a CAGR of around 7.3% during the forecast period, i.e., 2024-30.
Top leading companies in the Electroceuticals/Bioelectric Medicine Market includes:
Boston Scientific Corporation, Medtronic, Abbott, Cochlear Limited, Livanova Plc, Sonova, Axonics, Inc., Electrocore Inc., Neuropace Inc., Medico SRL, Biotronik, Aleva Neurotherapeutics, Neurosigma Inc., Biowave Corporation, Softerix Medical Inc., and others
Industry Recent Development:
- 2023: Boston Scientific Corporation received FDA approval for its Vercise Neural Navigator 5 software for managing patients with Parkinson’s disease or essential tremors.
- 2023: LivaNova Plc launched the SenTiva DUO, an innovative implantable pulse generator developed specifically for patients with drug-resistant epilepsy. This device is tailored to deliver VNS therapy and is distinguished by its dual-pin header design.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Product
-Cardiac Pacemakers & Implantable Cardioverter Defibrillators
-Cochlear Implants
-Neuromodulators
–Spinal Cord Stimulators
–Deep Brain Stimulators
–Vagus Nerve Stimulators
–Sacral Nerve Stimulators
–Gastric Electric Stimulators
–Transcutaneous Electrical Nerve Stimulators
–Transcranial Magnetic Stimulators
–Respiratory Electrical Stimulators
–Transgeminal Nerve Stimulators
–Responsive Neurostimulators
-Retinal Implants
- Cardiac pacemakers and implantable cardioverter defibrillators hold a notable market share in the Global Electroceuticals/Bioelectric Medicine Market.
By Type
-Implantable Electroceutical Devices
-Non-Invasive Electroceutical Devices
By Application
-Cardiac Pacemakers & Implantable Cardioverter Defibrillators (ICD)
–Arrhythmia
–Heart Failure
–Others
-Spinal Cord Stimulators
–Chronic Pain
–Failed Back Surgery Syndrome
–Ischemia
-Deep Brain Stimulators
–Parkinsons’ Disease
–Tremors
–Depression
–Others
-Sacral Nerve Stimulators
–Urine Incontinence
–Fecal Incontinence
-Vagus Nerve Stimulators
–Epilepsy
–Others
-Gastric Electric Stimulators
–Gastroparesis
–Obesity
-Transcutaneous Electrical Nerve Stimulators
–Treatment Resistant Depression
–Others
-Transcranial Magnetic Stimulators
–Depression
–Migraine
-Respiratory Electrical Stimulators
–Spinal Cord Injury
-Trigeminal Nerve Stimulators
–Attention-Deficit/Hyperactivity Disorder
–Migraine
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Electroceuticals/Bioelectric Medicine Market Geographic Reach:
The Geographic Reach of the Electroceuticals/Bioelectric Medicine Market evaluates the spread and significance of Electroceuticals/Bioelectric Medicine market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: The US, Canada, Mexico
- South America: Brazil, Argentina, Rest of South America
- Europe: Germany, The UK, France, Italy, Spain, Rest of Europe
- Asia-Pacific: China, Japan, India, South Korea, Australia, Rest of Asia-Pacific
- Middle East & Africa: The UAE, Saudi Arabia, South Africa, Rest of Middle East & Africa
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