Electroceuticals/Bioelectric Medicine Market competition by top manufacturers, Growth Revenue, share, Future Forecast 2021

According to a new market research report “Electroceuticals/Bioelectric Medicine Market by Product (Pacemakers, Cochlear Implants, Spinal Cord Stimulators), by Type of Device (Implantable, Non-Invasive), by Application (Arrhythmia, Depression, Migraine), by End User (Hospitals) — Forecast to 2021”, published by MarketsandMarkets, This report studies the global market for the forecast period of 2016 to 2021. This market is expected to reach USD 25.20 Billion by 2021 from USD 17.20 Billion in 2016, at a CAGR of 7.9%.

Browse 144 market data Tables and 50 Figures spread through 218 Pages and in-depth TOC on”Electroceuticals/Bioelectric Medicine Market”

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A number of factors such as rising geriatric population, regulatory approval for new and advanced electroceuticals, growing investments and funds for the development of novel therapies and electroceuticals, rising prevalence of neurological disorders, and growing prevalence of hearing loss are expected to drive the growth of the Electroceuticals/Bioelectric Medicine Market during the forecast period.

In this report, the global Electroceuticals/Bioelectric Medicine Market is segmented on the basis of product, type of device, application, end user, and region.

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Based on product, the Electroceuticals/Bioelectric Medicine Market is categorized into implantable cardioverter defibrillators, cardiac pacemakers, spinal cord stimulators, cochlear implants, deep brain stimulators, transcutaneous electrical nerve stimulators, vagus nerve stimulators, sacral nerve stimulators, retinal implants, and other electrical stimulators (gastric electrical stimulators, transcranial magnetic stimulators, and respiratory electrical stimulators).

Based on type of device, the Electroceuticals/Bioelectric Medicine Market is segmented into implantable electroceutical devices, and non-invasive electroceutical devices. The implantable electroceutical devices segment is expected to account for the largest share of the market in 2016; while, the non-invasive electroceutical devices segment is projected to grow at the highest CAGR in the forecast period.

On the basis of end user, the Electroceuticals/Bioelectric Medicine Market is segmented into hospitals, research institutes, and individual users. The hospitals segment is expected to account for the largest share of the market in 2016; while, the individual users segment is projected to grow at the highest CAGR in the forecast period.

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Prominent players in the global Electroceuticals/Bioelectric Medicine Market include Medtronic plc (Ireland), St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), Cochlear Limited (Australia), Sonova Holding AG (Switzerland), LivaNova PLC (U.K.), Biotronik (Germany), Nevro Corporation (U.S.), Second Sight Medical Products, Inc. (U.S.), and ElectroCore LLC (U.S.).

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