Press release
European Electroceuticals Market Trends, Share, Size, Analysis and Forecast 2019-2025
The European electroceuticals market is estimated to reach $13.6 billion in 2025 from $8.9 billion in 2018 at a CAGR of 7.4% during the forecast period. The key factors that provides significant market growth to the European electroceutical market includes high coverage of insurance in the region. Most of the countries in Europe have 100% coverage of insurance which provides the facility of reimbursement of pacemaker, hearing aid and stimulators when recommended by a doctor. In Europe, many countries have national health insurance system where all the citizens of the nation have to pay a tax toward provision of health services along with the private health insurance.Request a free sample of our report on European Electroceuticals Market: https://www.omrglobal.com/request-sample/european-electroceuticals-market
As per the report of European Federation of Hard of Hearing People, generally lower-priced hearing aids are fully, and higher-priced hearing aids are partially covered by insurance. Underinsurance, countries such as UK, Denmark, and Portugal, do not offer choice of selecting hearing aid whereas countries such as Belgium, Germany, and Italy offer choice to select hearing aid to the patient.
A full report of European Electroceuticals Market: https://www.omrglobal.com/industry-reports/european-electroceuticals-market
European 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
European Electroceuticals Market - Segment by Region
• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe
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/european-electroceuticals-market
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Contact Person: Mr. Anurag Tiwari
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About Orion Market Research
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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