Global Bioelectric Medicine Market Size & Outlook, 2018-2026

The global bioelectric medicine market size was estimated at USD 16,075.3 million in 2018 and is projected to reach USD 28,479.6 million by 2026, growing at a CAGR of 7.4% from 2019 to 2026.
Revenue, 2018 (US$M)
$16,075.3
Forecast, 2026 (US$M)
$28,479.6
CAGR, 2019 - 2026
7.4%
Report Coverage
Worldwide

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 2018USD 16,075.3 million
Market revenue in 2026USD 28,479.6 million
Growth rate7.4% (CAGR from 2018 to 2026)
Largest segmentImplantable electroceutical devices
Fastest growing segmentNon-invasive electroceutical devices
Historical data covered2014 - 2017
Base year for estimation2018
Forecast period covered2019 - 2026
Quantitative unitsRevenue in USD million
Market segmentationImplantable 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 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

  • Our clientele includes a mix of bioelectric medicine market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

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.

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Global electroceuticals bioelectric medicine market size, by regions, 2014-2026 (US$M)

Top 10 countries: Electroceuticals bioelectric medicine market size, 2018 (US$M)

Global electroceuticals bioelectric medicine market share, by type, 2018 & 2026 (%, US$M)

Bioelectric medicine market: Opportunity assessment by country

Global bioelectric medicine market, by region, 2018 (US$M)

Global electroceuticals bioelectric medicine market size, by regions, 2014-2026 (US$M)

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