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Europe Electroceuticals Market Research Report - Segmented By Product, Type Of Device, Application, End User & Country (UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe) - Industry Analysis, Size, Share, Trends and Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 7024
Pages: 145

Europe Electroceuticals Market Size (2022 to 2027)

The size of the Europe Electroceuticals Market was worth USD 5.58 billion in 2022 and is estimated to be growing at a CAGR of 7.4%, to reach USD 7.98 billion by 2027.

The population crossing age above 60 is significantly growing in the European countries and the probability of diagnosing with various diseases such as Parkinson’s, Alzheimer’s, epilepsy and others for the aged population is very high and demands more electroceutical devices for the treatment purposes. Hence, the rising aging population in the European continent is expected to boost the market growth.

The R&D investments for the new and innovative therapies have a received a spike in Europe, which is estimated to favour the market during the forecast period. Increasing number of approvals for the new and advanced electroceutical products and growing number of strategies adopted by the market participants are expected to take the market to the next level in the near future. The number of hospitals in the European region is growing year-by-year and is a positive sign to the market growth.

High costs associated with these products is a key factor expected to restrict the market growth to a small extent. Strict regulations to be followed during the approval of new products and therapies and unfavourable reimbursement policies are the factors that obstruct the market growth of the Europe region.

This research report on the Europe Electroceuticals Market has been segmented and sub-segmented into the following categories:

  • By Product: Pacemakers, Cochlear Implants and Spinal Cord Stimulators
  • By Type Of Device: Implantable and Non-Invasive
  • By Application: Arrhythmia, Depression and Migraine
  • By End User: Hospitals and Research Institutes
  • By Country: UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic and Rest of Europe

Regional Analysis:

U.K. is leading the market regionally, due to presence of developed healthcare system as well as presence of market leaders. Germany is expected to grow the fastest owing to its increasing disposable income, growing government initiatives to develop healthcare infrastructure and increasing awareness. Implantable devices have held the major share in the market due to prevalence of neurological diseases while non implantable devices are expected to grow at a higher CAGR. 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.

Key players operating in the Europe Electroceuticals Market profiled in this report are Medtronic plc, St. Jude Medical, Inc., Boston Scientific Corporation, Cochlear Limited, Sonova Holding AG, LivaNova PLC, Biotronik, Nevro Corporation, Second Sight Medical Products, Inc., and ElectroCore LLC.

1.Introduction         

                1.1 Market Definition                    

                1.2 Study Deliverables                  

                1.3 Base Currency, Base Year and Forecast Periods 

                1.4 General Study Assumptions                

2. Research Methodology                  

                2.1 Introduction      

                2.2 Research Phases                      

       2.2.1 Secondary Research           

       2.2.2 Primary Research 

       2.2.3 Econometric Modelling      

       2.2.4 Expert Validation  

                2.3 Analysis Design

                2.4 Study Timeline 

3. Overview              

                3.1 Executive Summary                

                3.2 Key Inferences

                3.3 Epidemology     

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)           

                4.1 Market Drivers 

                4.2 Market Restraints                    

                4.3 Key Challenges

                4.4 Current Opportunities in the Market     

5. Market Segmentation                     

                5.1 Product                        

       5.1.1 Introduction           

       5.1.2 Implantable Cardioverter Defibrillators      

       5.1.3 Cardiac Pacemakers            

       5.1.4 Spinal Cord Stimulators      

       5.1.5 Cochlear Implants                

       5.1.6 Deep Brain Stimulators      

       5.1.7 Transcutaneous Electrical Nerve Stimulators            

       5.1.8 Vagus Nerve Stimulators  

       5.1.9 Sacral Nerve Stimulators   

       5.1.10 Retinal Implants 

       5.1.11 Other Electrical Stimulators           

       5.1.12  Y-o-Y Growth Analysis, By Product            

       5.1.13  Market Attractiveness Analysis, By Product          

       5.1.14  Market Share Analysis, By Product            

                5.2 Type of Devices                        

       5.2.1 Introduction           

       5.2.2 Implantable Electroceutical Devices             

       5.2.3 Non-Invasive Electroceutical Devices          

       5.2.4 Y-o-Y Growth Analysis, By Type of Devices               

       5.2.5 Market Attractiveness Analysis, By Type of Devices             

       5.2.6 Market Share Analysis, By Type of Devices               

                5.3 Application                 

       5.3.1 Introduction           

       5.3.2 Arrhythmia             

       5.3.3 Chronic Back Pain 

       5.3.4 Failed Back Syndrome        

       5.3.5 Ischemia  

       5.3.6 Sensorineural Hearing Loss              

       5.3.7 Parkinson’s Disease            

       5.3.8 Tremor     

       5.3.9 Alzheimer's disease            

       5.3.10 Depression           

       5.3.11 Migraine

       5.3.12 Epilepsy 

       5.3.13 Other Applications            

       5.3.14 Y-o-Y Growth Analysis, By Application      

       5.3.15  Market Attractiveness Analysis, By Application   

       5.3.16  Market Share Analysis, By Application     

                5.4 End-Users                   

       5.4.1 Introduction           

       5.4.2 Hospitals  

       5.4.3 Research Institutes             

       5.4.4 Individual Users    

       5.4.5 Y-o-Y Growth Analysis, By End-Users          

       5.4.6  Market Attractiveness Analysis, By End-Users       

       5.4.7  Market Share Analysis, By End-Users         

6. Geographical Analysis                     

                6.1 Introduction      

       6.1.1 Regional Trends    

       6.1.2 Impact Analysis     

       6.1.3 Y-o-Y Growth Analysis        

                       6.1.3.1 By Geographical Area

                       6.1.3.2 By Product

                       6.1.3.3 By Type of Devices

                       6.1.3.4 By Application

                       6.1.3.5 By End-Users

       6.1.4  Market Attractiveness Analysis     

                       6.1.4.1 By Geographical Area

                       6.1.4.2 By Product

                       6.1.4.3 By Type of Devices

                       6.1.4.4 By Application

                       6.1.4.5 By End-Users

       6.1.5  Market Share Analysis      

                       6.1.5.1 By Geographical Area

                       6.1.5.2 By Product

                       6.1.5.3 By Type of Devices

                       6.1.5.4 By Application

                       6.1.5.5 By End-Users

                6.2 U.K                 

                6.3 Spain    

                6.4 Germany                     

                6.5 Italy      

                6.6 France 

7.Strategic Analysis               

                7.1 PESTLE analysis

       7.1.1 Political     

       7.1.2 Economic 

       7.1.3 Social         

       7.1.4 Technological         

       7.1.5 Legal          

       7.1.6 Environmental       

                7.2 Porter’s Five analysis     

       7.2.1 Bargaining Power of Suppliers        

       7.2.2 Bargaining Power of Consumers    

       7.2.3 Threat of New Entrants     

       7.2.4 Threat of Substitute Products and Services              

       7.2.5 Competitive Rivalry within the Industry     

8.Market Leaders' Analysis                

                8.1 Medtronic plc   

       8.1.1 Overview 

       8.1.2 Product Analysis   

                                8.1.3 Financial analysis  

       8.1.4 Recent Developments       

       8.1.5 SWOT analysis       

       8.1.6 Analyst View          

                8.2 St. Jude Medical, Inc.    

                8.3 Boston Scientific Corporation    

                8.4 Cochlear Limited                      

                8.5 Sonova Holding AG                 

                8.6 LivaNova PLC    

                8.7 Biotronik                      

                8.8 Nevro Corporation                  

                8.9 Second Sight Medical Products, Inc.                

                8.10 ElectroCore LLC                      

9.Competitive Landscape                   

                9.1 Market share analysis   

                9.2 Merger and Acquisition Analysis                       

                9.3 Agreements, collaborations and Joint Ventures

                9.4 New Product Launches

10.Market Outlook and Investment Opportunities                 

Appendix                  

                a) List of Tables                

                b) List of Figures     

  1. Europe Electroceuticals/Bioelectric Medicines Market, By Product, From 2022 - 2027 (USD Billion)
  2. Europe Implantable Cardioverter Defibrillators Market, By Region, From 2022 - 2027 (USD Billion)
  3. Europe Cardiac Pacemakers  Market, By Region, From 2022 - 2027 (USD Billion)
  4. Europe Spinal Cord Stimulators Market, By Region, From 2022 - 2027 (USD Billion)
  5. Europe Cochlear Implants Market, By Region, From 2022 - 2027 (USD Billion)
  6. Europe Deep Brain Stimulators Market, By Region, From 2022 - 2027 (USD Billion)
  7. Europe Transcutaneous Electrical Nerve Stimulators Market, By Region, From 2022 - 2027 (USD Billion)
  8. Europe Vagus Nerve Stimulators Market, By Region, From 2022 - 2027 (USD Billion)
  9. Europe Sacral Nerve Stimulators Market, By Region, From 2022 - 2027 (USD Billion)
  10. Europe Retinal Implants Market, By Region, From 2022 - 2027 (USD Billion)
  11. Europe Other Electrical Stimulators Market, By Region, From 2022 - 2027 (USD Billion)
  12. Europe Electroceuticals/Bioelectric Medicines Market, By Type of Devices, From 2022 - 2027 (USD Billion)
  13. Europe Implantable Electroceutical Devices Market, By Region, From 2022 - 2027 (USD Billion)
  14. Europe Non-Invasive Electroceutical Devices Market, By Region, From 2022 - 2027 (USD Billion)
  15. Europe Electroceuticals/Bioelectric Medicines Market, By Applications, From 2022 - 2027 (USD Billion)
  16. Europe Arrhythmia Market, By Region, From 2022 - 2027 (USD Billion)
  17. Europe Chrinic Back Pain Market, By Region, From 2022 - 2027 (USD Billion)
  18. Europe Failed Back Syndrome Market, By Region, From 2022 - 2027 (USD Billion)
  19. Europe Sensorineural Hearing Loss Market, By Region, From 2022 - 2027 (USD Billion)
  20. Europe Parkinson's Disease Market, By Region, From 2022 - 2027 (USD Billion)
  21. Europe Treatment-Resistant Depression Market, By Region, From 2022 - 2027 (USD Billion)
  22. Europe Epilepsy Market, By Region, From 2022 - 2027 (USD Billion)
  23. Europe Retinitis Pigmentosa Market, By Region, From 2022 - 2027 (USD Billion)
  24. Europe Migraine Market, By Region, From 2022 - 2027 (USD Billion)
  25. Europe Spinal Cord Injury Market, By Region, From 2022 - 2027 (USD Billion)
  26. Europe Electroceuticals/Bioelectric Medicines Market, By End User, From 2022 - 2027 (USD Billion)
  27. Europe Hospitals Market, By Region, From 2022 - 2027 (USD Billion)
  28. Europe Research Institutes Market, By Region, From 2022 - 2027 (USD Billion)
  29. Europe Individual Users Market, By Region, From 2022 - 2027 (USD Billion)
  30. U.K. Electroceuticals/Bioelectric Medicines Market, By Product, From 2022 - 2027 (USD Billion)
  31. U.K. Electroceuticals/Bioelectric Medicines Market, By Type of Devices, From 2022 - 2027 (USD Billion)
  32. U.K. Electroceuticals/Bioelectric Medicines Market, By Applications, From 2022 - 2027 (USD Billion)
  33. U.K. Electroceuticals/Bioelectric Medicines Market, By End User, From 2022 - 2027 (USD Billion)
  34. Germany Electroceuticals/Bioelectric Medicines Market, By Product, From 2022 - 2027 (USD Billion)
  35. Germany Electroceuticals/Bioelectric Medicines Market, By Type of Devices, From 2022 - 2027 (USD Billion)
  36. Germany Electroceuticals/Bioelectric Medicines Market, By Applications, From 2022 - 2027 (USD Billion)
  37. Germany Electroceuticals/Bioelectric Medicines Market, By End User, From 2022 - 2027 (USD Billion)
  38. France Electroceuticals/Bioelectric Medicines Market, By Product, From 2022 - 2027 (USD Billion)
  39. France Electroceuticals/Bioelectric Medicines Market, By Type of Devices, From 2022 - 2027 (USD Billion)
  40. France Electroceuticals/Bioelectric Medicines Market, By Applications, From 2022 - 2027 (USD Billion)
  41. France Electroceuticals/Bioelectric Medicines Market, By End User, From 2022 - 2027 (USD Billion)
  42. Italy Electroceuticals/Bioelectric Medicines Market, By Product, From 2022 - 2027 (USD Billion)
  43. Italy Electroceuticals/Bioelectric Medicines Market, By Type of Devices, From 2022 - 2027 (USD Billion)
  44. Italy Electroceuticals/Bioelectric Medicines Market, By Applications, From 2022 - 2027 (USD Billion)
  45. Italy Electroceuticals/Bioelectric Medicines Market, By End User, From 2022 - 2027 (USD Billion)
  46. Spain Electroceuticals/Bioelectric Medicines Market, By Product, From 2022 - 2027 (USD Billion)
  47. Spain Electroceuticals/Bioelectric Medicines Market, By Type of Devices, From 2022 - 2027 (USD Billion)
  48. Spain Electroceuticals/Bioelectric Medicines Market, By Applications, From 2022 - 2027 (USD Billion)
  49. Spain Electroceuticals/Bioelectric Medicines Market, By End User, From 2022 - 2027 (USD Billion)
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