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Pulished Date April, 2021
ID: 7022
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North America Electroceuticals Market Research Report - Segmented By Product, Type Of Device, Application, End User and Country (U.S., Canada and Rest of North America) - Industry Analysis, Size, Share, Trends and Growth Forecast (2021 to 2026)

Pulished: April, 2021
ID: 7022
Pages: 145

North America Electroceuticals Market Size (2021 to 2026)

The size of the Electroceuticals Market in North America is valued at USD 8.17 billion in 2021. It is estimated to be growing at a CAGR of 7.35% to reach USD 11.65 billion by 2026.

Increased approvals for novel and advanced electroceuticals, rising government funds, and investments in developing new therapies and electroceuticals are expected to drive the market growth from 2020 to 2025. Technological advancements and Y-O-Y growth in the amount spent on R&D in the innovative therapies’ discovery is estimated to favor the market. Increasing sudden cardiac arrest cases, a growing number of collaborations and partnerships for developing electroceutical devices between the companies are predicted to add fuel to the market growth.

Lack of awareness regarding the electroceutical/bioelectric medicine is majorly restraining market growth.

This research report on the North America 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: The U.S., Canada, and Rest of North America

Regionally, the USA is leading the market regionally due to the presence of a developed healthcare system as well as the presence of market leaders. The USA is also expected to grow the fastest owing to its increasing disposable income, increasing government initiatives to develop healthcare infrastructure, and growing awareness. Implantable devices have held a significant share in the market due to the prevalence of neurological diseases, while non-implantable devices are expected to grow at a higher CAGR. The hospital segment is expected to account for the largest share of the market in 2019. The individual users segment is projected to grow at the highest CAGR in the forecast period.

Companies playing a dominant role in the North America 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 United States    

                6.3 Canada

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      

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms Type Of Device along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the North america market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

  1. North America Electroceuticals/Bioelectric Medicines Market, By Product, From 2021 to 2026 (USD Million)
  2. North America Imaplantable Cardioverter Defibrillators Market, By Region, From 2021 to 2026 (USD Million)
  3. North America Cardiac Pacemakers  Market, By Region, From 2021 to 2026 (USD Million)
  4. North America Spinal Cord Stimulators Market, By Region, From 2021 to 2026 (USD Million)
  5. North America Cochlear Implants Market, By Region, From 2021 to 2026 (USD Million)
  6. North America Deep Brain Stimulators Market, By Region, From 2021 to 2026 (USD Million)
  7. North America Transcutaneous Electrical Nerve Stimulators Market, By Region, From 2021 to 2026 (USD Million)
  8. North America Vagus Nerve Stimulators Market, By Region, From 2021 to 2026 (USD Million)
  9. North America Sacral Nerve Stimulators Market, By Region, From 2021 to 2026 (USD Million)
  10. North America Retinal Implants Market, By Region, From 2021 to 2026 (USD Million)
  11. North America Other Electrical Stimulators Market, By Region, From 2021 to 2026 (USD Million)
  12. North America Electroceuticals/Bioelectric Medicines Market, By Type of Devices , From 2021 to 2026 (USD Million)
  13. North America Implantable Electroceutical Devices Market, By Region, From 2021 to 2026 (USD Million)
  14. North America Non-Invasive Electroceutical Devices Market, By Region, From 2021 to 2026 (USD Million)
  15. North America Electroceuticals/Bioelectric Medicines Market, By Applications, From 2021 to 2026 (USD Million)
  16. North America Arrhythmia Market, By Region, From 2021 to 2026 (USD Million)
  17. North America Chrinic Back Pain Market, By Region, From 2021 to 2026 (USD Million)
  18. North America Failed Back Syndrome Market, By Region, From 2021 to 2026 (USD Million)
  19. North America Sensorineural Hearing Loss Market, By Region, From 2021 to 2026 (USD Million)
  20. North America Parkinson's Disease Market, By Region, From 2021 to 2026 (USD Million)
  21. North America Treatment-Resistant Depression Market, By Region, From 2021 to 2026 (USD Million)
  22. North America Epilepsy Market, By Region, From 2021 to 2026 (USD Million)
  23. North America Retinitis Pigmentosa Market, By Region, From 2021 to 2026 (USD Million)
  24. North America Migraine Market, By Region, From 2021 to 2026 (USD Million)
  25. North America Spinal Cord Injury Market, By Region, From 2021 to 2026 (USD Million)
  26. North America Electroceuticals/Bioelectric Medicines Market, By End User, From 2021 to 2026 (USD Million)
  27. North America Hospitals Market, By Region, From 2021 to 2026 (USD Million)
  28. North America Research Institutes Market, By Region, From 2021 to 2026 (USD Million)
  29. North America Individual Users Market, By Region, From 2021 to 2026 (USD Million)
  30. United States Electroceuticals/Bioelectric Medicines Market, By Product, From 2021 to 2026 (USD Million)
  31. United States Electroceuticals/Bioelectric Medicines Market, By Type of Devices , From 2021 to 2026 (USD Million)
  32. United States Electroceuticals/Bioelectric Medicines Market, By Applications, From 2021 to 2026 (USD Million)
  33. United States Electroceuticals/Bioelectric Medicines Market, By End User, From 2021 to 2026 (USD Million)
  34. Canada Electroceuticals/Bioelectric Medicines Market, By Product, From 2021 to 2026 (USD Million)
  35. Canada Electroceuticals/Bioelectric Medicines Market, By Type of Devices , From 2021 to 2026 (USD Million)
  36. Canada Electroceuticals/Bioelectric Medicines Market, By Applications, From 2021 to 2026 (USD Million)
  37. Canada Electroceuticals/Bioelectric Medicines Market, By End User, From 2021 to 2026 (USD Million)

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