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  • Published On : Jul 2019
  • Code : CMI1757
  • Pages : 180
  • Formats :
      Excel/PDF
  • Industry : Medical Devices

Bioelectric medicine is new and innovative way of treating and diagnosing diseases and injuries. All major organs in the body are connected to nerves, which allow the brain to monitor and regulate functions of all organs. Bioelectric medicine refers to the usage of a device to modulate and read the electrical activity within the body’s nervous systems. Nerve blocking devices or nerve stimulating devices that are held against the skin or implanted on a nerve have the potential to regulate specific nerve activity, make specific changes in organ function, and also restore health, without much complicated side effects of pharmaceutical agents.  

Market Dynamics

Increasing prevalence of Parkinson’s disease is expected to boost the global bioelectric medicine market growth during the forecast period. For instance, according to European Brain Council, in 2019, around 6.3 million people worldwide suffer from Parkinson’s disease and the age of onset is usually over 60 years. and  it estimated that one in ten are diagnosed before the age of 50 years, and it can affect people in their 40’s and younger. Moreover, according to Parkinson’s Foundation 2018 report, around one million people will be living with Parkinson's disease (PD) in the U.S. by 2020 and around 60,000 Americans are diagnosed with Parkinson’s disease every year.

However, high cost of devices and lack of skilled technicians to use these devices are expected to hamper growth of the global bioelectric medicine market. For instance, according to Canadian Agency for Drugs and Technologies in Health 2018, the  total operative and device costs of deep brain stimulators (per patient) is US$ 20,154 to US$ 26,043 in Canada.

Key features of the study:

  • This report provides in-depth analysis of the global bioelectric medicine market, market size (US$ Mn), and compound annual growth rate (CAGR %) during the forecast period: 2019 – 2026, considering 2018 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by leading players
  • It profiles key players in the global bioelectric medicine market based on the following parameters–company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments, and strategies
  • Key players covered as a part of this study include GlaxoSmithKline, Medtronic Plc., Boston Scientific Corporation, Liva Nova Plc, Electrocore, Nevro and St. Jude Medical
  • Insights from this report would allow marketers and management authorities of companies to make informed decision with respect to their future product launch, governmental initiatives, technological up-gradation, market expansion, and marketing tactics
  • The global bioelectric medicine market report caters to various stakeholders in this industry, including investors, product manufacturers, distributors, and suppliers for global bioelectric medicine market, research and consulting firms, new entrants, and financial analysts

Detailed Segmentation:

  • Global Bioelectric Medicine Market, By Product Type:
    • Implantable cardioverter defibrillators
    • Cochlear implants
    • Spinal cord stimulators
    • Deep brain stimulators
    • Transcutaneous electrical nerve stimulators
    • Sacral nerve stimulators
    • Vagus nerve stimulators
    • Other bioelectric medicines
  • Global Bioelectric Medicine Market, By Application:
    • Arrhythmia
    • Pain management
    • Sensorineural hearing loss
    • Parkinson’s disease
    • Tremor
    • Depression
    • Epilepsy
    • Urinary and fecal incontinence
    • Others
  • Global Bioelectric Medicine Market, By End User:
    • Hospitals
    • Ambulatory Care Centres
    • Diagnostic Centers
  • Global Bioelectric Medicine Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Product Type:
        • Implantable cardioverter defibrillators
        • Cochlear implants
        • Spinal cord stimulators
        • Deep brain stimulators
        • Transcutaneous electrical nerve stimulators
        • Sacral nerve stimulators
        • Vagus nerve stimulators
        • Other bioelectric medicines
      • By Application:
        • Arrhythmia
        • Pain management
        • Sensorineural hearing loss
        • Parkinson’s disease
        • Tremor
        • Depression
        • Epilepsy
        • Urinary and fecal incontinence
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Care Centres
        • Diagnostic Centres
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product Type:
        • Implantable cardioverter defibrillators
        • Cochlear implants
        • Spinal cord stimulators
        • Deep brain stimulators
        • Transcutaneous electrical nerve stimulators
        • Sacral nerve stimulators
        • Vagus nerve stimulators
        • Other bioelectric medicines
      • By Application:
        • Arrhythmia
        • Pain management
        • Sensorineural hearing loss
        • Parkinson’s disease
        • Tremor
        • Depression
        • Epilepsy
        • Urinary and fecal incontinence
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Care Centres
        • Diagnostic Centres
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Product Type:
        • Implantable cardioverter defibrillators
        • Cochlear implants
        • Spinal cord stimulators
        • Deep brain stimulators
        • Transcutaneous electrical nerve stimulators
        • Sacral nerve stimulators
        • Vagus nerve stimulators
        • Other bioelectric medicines
      • By Application:
        • Arrhythmia
        • Pain management
        • Sensorineural hearing loss
        • Parkinson’s disease
        • Tremor
        • Depression
        • Epilepsy
        • Urinary and fecal incontinence
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Care Centres
        • Diagnostic Centres
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Product Type:
        • Implantable cardioverter defibrillators
        • Cochlear implants
        • Spinal cord stimulators
        • Deep brain stimulators
        • Transcutaneous electrical nerve stimulators
        • Sacral nerve stimulators
        • Vagus nerve stimulators
        • Other bioelectric medicines
      • By Application:
        • Arrhythmia
        • Pain management
        • Sensorineural hearing loss
        • Parkinson’s disease
        • Tremor
        • Depression
        • Epilepsy
        • Urinary and fecal incontinence
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Care Centres
        • Diagnostic Centres
    • Middle East
      • By Country/Region:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product Type:
        • Implantable cardioverter defibrillators
        • Cochlear implants
        • Spinal cord stimulators
        • Deep brain stimulators
        • Transcutaneous electrical nerve stimulators
        • Sacral nerve stimulators
        • Vagus nerve stimulators
        • Other bioelectric medicines
      • By Application:
        • Arrhythmia
        • Pain management
        • Sensorineural hearing loss
        • Parkinson’s disease
        • Tremor
        • Depression
        • Epilepsy
        • Urinary and fecal incontinence
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Care Centres
        • Diagnostic Centres
    • Africa
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
      • By Product Type:
        • Implantable cardioverter defibrillators
        • Cochlear implants
        • Spinal cord stimulators
        • Deep brain stimulators
        • Transcutaneous electrical nerve stimulators
        • Sacral nerve stimulators
        • Vagus nerve stimulators
        • Other bioelectric medicines
      • By Application:
        • Arrhythmia
        • Pain management
        • Sensorineural hearing loss
        • Parkinson’s disease
        • Tremor
        • Depression
        • Epilepsy
        • Urinary and fecal incontinence
        • Others
      • By End User:
        • Hospitals
        • Ambulatory Care Centres
        • Diagnostic Centres
  • Company Profiles
  • GlaxoSmithKline*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Recent Highlights
      • Strategies
  • Medtronic Plc.
  • Boston Scientific Corporation
  • Liva Nova Plc
  • Nevro
  • Electrocore
  • Jude Medical.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objective and Assumption
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Overview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Product Type
      • Market Snippet, By Application
      • Market Snippet, By End User
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Impact Analysis
    • Market Trends
    • Key Developments
    • Regulatory Landscape
    • Product Recall
    • Technology Overview
    • PEST Analysis
    • Porter’s Five Forces model
  4. Global Bioelectric Medicine Market, By Product Type, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Implantable cardioverter defibrillators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Cochlear implants
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Spinal cord stimulators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Deep brain stimulators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Transcutaneous electrical nerve stimulators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Sacral nerve stimulators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Vagus nerve stimulators
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Other bioelectric medicines
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
  5. Global Bioelectric Medicine Market, By Application, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Arrhythmia
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Pain management
      • Introduction  
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Sensorineural hearing loss
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Parkinson’s disease
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Tremor
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Depression
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Epilepsy
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Urinary and fecal incontinence
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
  6. Global Bioelectric Medicine Market, By End User, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, 2017 – 2026
      • Segment Trends
    • Hospitals
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Ambulatory care centers
      • Introduction  
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
    • Diagnostic centers
      • Introduction  
      • Market Size and Forecast, and Y-o-Y Growth, 2018 – 2026, (US$ Million)
  7. Global Bioelectric Medicine Market, By Region, 2018 – 2026, (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2018 and 2026 (%)
      • Y-o-Y Growth Analysis, By Region, 2017 – 2026
      • Regional Trends
    • North America
      • Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • U.K.
        • Germany
        • Italy
        • France
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • China
        • Japan
        • India
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country, 2018 – 2026, (US$ Million)
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
    • Africa
      • Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country/Region, 2018 – 2026, (US$ Million)
        • North Africa
        • Central Africa
        • South Africa
    • Middle East
      • Market Size and Forecast, By Product Type, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Application, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By End User, 2018 – 2026, (US$ Million)
      • Market Size and Forecast, By Country/Region, 2018 – 2026, (US$ Million)
        • GCC Countries
        • Israel
        • Rest of Middle East
  8. Competitive Landscape
    • Company Profiles
      • GlaxoSmithKline
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Medtronic Plc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Boston Scientific Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Liva Nova Plc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Electrocore
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • Nevro
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
      • St. Jude Medical
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Highlights
        • Strategies
    • Analyst Views
  9. Section
    • References
    • Research Methodology
    • About Us and Sales Contact

*Browse 38 market data tables and 27 figures on "Bioelectric Medicine Market” - Global forecast to 2026”

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