Press release
Asia-Pacific Electroceuticals Market Size, Share, Analysis and Forecast 2019-2025
Asia-Pacific is estimated to grow at the CAGR of 8.1% during the forecast period and is expected to reach around $8.5 billion in 2025. The developing economies of Asia-Pacific, especially China, Japan, and India are investing significantly in the development of innovative therapeutic and medical devices. For instance, Sonova Group in China had launched international training institute in Jiangsu province in 2017 which provide both theory and practical experience for hearing care staff. In April 2016, the company has successfully received the approval from the Indian government, Ministry of Corporate Affairs in the Central Registration Center for the establishment of a subsidiary of Lepu Medical in India. This expansion will help the company to expand its geographical footprints in Asia-Pacific and better serve and cater to the demand of its customers.Request a free sample of our report on Asia-Pacific Electroceuticals Market: https://www.omrglobal.com/request-sample/asia-pacific-electroceuticals-market
Also, the presence of various subsidiaries of major market players in Asia-Pacific region is again estimated to boost the market growth. For instance, Hearing Retail Group Pty. Limited, Sonova Australia Pty Limited, Sonova (Shanghai) Company, Limited., Sonova Hearing (Suzhou) Company, Limited, Sonova Japan Company, Limited, and Triton Hearing Limited are the subsidiaries of Sonova group operating in Asia-Pacific region.
A full report of Asia-Pacific Electroceuticals Market: https://www.omrglobal.com/industry-reports/asia-pacific-electroceuticals-market
Moreover, increasing incidences of several health disorders such as spinal cord injuries, epilepsy, and other disorders are contributing to the growth of electroceuticals market in Asia-Pacific region. As per the estimation of the WHO, the incidence of Epilepsyis considerably high in emerging economies such as China and India. According to Epilepsia, the Official Journal of the International League Against Epilepsy, in 2017, out of the around 4 billion people living in Asia-Pacific region, about 23 million people had epilepsy.
Asia-Pacific Electroceuticals Market – Segmentation
By Product and its Application
• Cardioverter Defibrillators and Cardiac Pacemaker
• Deep Brain Stimulators
• Spinal Cord Stimulators
• Vagus Nerve Stimulators
• Cochlear Implants
• Others (Sacral Nerve Stimulators, Transcutaneous Electrical Nerve Stimulators)
By End-Users
• Hospitals and Clinics
• Research Institutes
Asia-Pacific Electroceuticals Market - Segment by Region
• China
• Japan
• India
• Rest of Asia-Pacific
Company Profiles
• Abbott Laboratories Inc.
• Advanced Bionics AG
• Boston Scientific Corp.
• Cochlear Ltd.
• Demant A/S
• Edwards Lifesciences Corp.
• Getinge AB
• GlaxoSmithKline PLC
• Medtronic PLC
• Sonova Holding AG
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/asia-pacific-electroceuticals-market
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Contact Person: Mr. Anurag Tiwari
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Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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