Global Bioelectric Medicine Market Size & Outlook, 2018-2026
Global bioelectric medicine market, 2014-2026 (US$M)
Related Markets
Global bioelectric medicine market highlights
- The global bioelectric medicine market generated a revenue of USD 16,075.3 million in 2018 and is expected to reach USD 28,479.6 million by 2026.
- The market is expected to grow at a CAGR (2019 - 2026) of 7.4% by 2026.
- In terms of segment, implantable electroceutical devices accounted for a revenue of USD 13,974.9 million in 2018.
- Non-invasive electroceutical devices is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2018.
- Country-wise, U.S. is expected to register the highest CAGR from 2019 to 2026.
Global data book summary
| Market revenue in 2018 | USD 16,075.3 million |
| Market revenue in 2026 | USD 28,479.6 million |
| Growth rate | 7.4% (CAGR from 2018 to 2026) |
| Largest segment | Implantable electroceutical devices |
| Fastest growing segment | Non-invasive electroceutical devices |
| Historical data covered | 2014 - 2017 |
| Base year for estimation | 2018 |
| Forecast period covered | 2019 - 2026 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Implantable electroceutical devices, Non-invasive electroceutical devices |
Other key industry trends
- In terms of revenue, the North America accounted for 40.3% of the global bioelectric medicine market in 2018.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2026.
- By country, U.S. is the fastest growing regional market and is projected to reach USD 7,628.4 million by 2026.
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Bioelectric Medicine Market Scope
Bioelectric Medicine Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Stimwave Technologies | View profile | 11-50 | Pompano Beach, Florida, United States, North America | https://stimwavefreedom.com/ |
| ElectroCore Inc | View profile | 62 | 200 Forge Way, Suite 205, Rockaway, NJ, United States, 07866 | https://www.electrocore.com |
| BIOTRONIK | View profile | 5001-10000 | Berlin, Berlin, Germany, Europe | https://www.biotronik.com/de-de |
| LivaNova PLC | View profile | 2900 | 20 Eastbourne Terrace, London, United Kingdom, W2 6LG | https://www.livanova.com |
| Sonova Holding AG | View profile | 18151 | Laubisrutistrasse 28, Stafa, Switzerland, CH-8712 | https://www.sonova.com |
| Cochlear Ltd | View profile | 4773 | 1 University Avenue, Macquarie University, Sydney, NSW, Australia, 2109 | https://www.cochlear.com |
| Nevro Corp | View profile | 1215 | 1800 Bridge Parkway, Redwood City, CA, United States, 94065 | https://www.nevro.com |
| Boston Scientific Corp | View profile | 48000 | 300 Boston Scientific Way, Marlborough, MA, United States, 01752-1234 | https://www.bostonscientific.com |
| Medtronic PLC | View profile | 95000 | Lower Hatch Street, 20 On Hatch, Dublin, Ireland, 2 | https://www.medtronic.com |
| Abbott Laboratories | View profile | 114000 | 100 Abbott Park Road, Abbott Park, IL, United States, 60064-6400 | https://www.abbottinvestor.com |
Global bioelectric medicine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bioelectric medicine market will help companies and investors design strategic landscapes.
Implantable electroceutical devices was the largest segment with a revenue share of 86.93% in 2018. Horizon Databook has segmented the Global bioelectric medicine market based on implantable electroceutical devices, non-invasive electroceutical devices covering the revenue growth of each sub-segment from 2014 to 2026.
- Global Bioelectric Medicine Type Outlook (Revenue, USD Million, 2014-2026)
- Non-invasive electroceutical devices
- Implantable electroceutical devices
- Global Bioelectric Medicine Product Outlook (Revenue, USD Million, 2014-2026)
- Vagus nerve stimulators
- Cardiac pacemakers
- Transcutaneous electrical nerve stimulators
- Implantable cardioverter-defibrillators
- Cochlear implants
- Spinal cord stimulators
- Sacral nerve stimulators
- Deep brain stimulators
- Other products
- Global Bioelectric Medicine Application Outlook (Revenue, USD Million, 2014-2026)
- Pain management
- Arrhythmia
- Sensorineural hearing loss
- Treatment-resistant depression
- Urinary and fecal incontinence
- Others
- Parkinson’s disease
- Tremor
- Epilepsy
- Depression
- Global Bioelectric Medicine End Use Outlook (Revenue, USD Million, 2014-2026)
- Hospitals
- Others
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Target buyers of Global bioelectric medicine market databook
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Our clientele includes a mix of bioelectric medicine market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bioelectric medicine market, including forecasts for subscribers. This global databook contains high-level insights into Global bioelectric medicine market from 2014 to 2026, including revenue numbers, major trends, and company profiles.
Partial client list
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Global bioelectric medicine market, by region, 2018 (US$M)
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