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Global Electroceuticals Market Size, Share, Research and Forecast 2019-2025

01-20-2020 01:23 PM CET | Health & Medicine

Press release from: Orion Market Research

Global electroceuticals market is expected to grow at a CAGR of 7.4% during the forecast period. Electroceuticals are the medical devices that are used for restoring the healthy condition of the patients by either holding the device against the skin or implanting them in the nerve. It is also known as bioelectric medicine used as an alternative to drug-based remedies. Electroceutical devices applications are used in several ailments and disorders related to neurology and cardiology and are effective in treating these conditions through invasive and non-invasive methods.

Request a free sample of our report on Global Electroceuticals Market: https://www.omrglobal.com/request-sample/electroceuticals-market

The global electroceuticals market is expected to grow significantly owing to various factors such as rising incidence and prevalence rate of chronic diseases, and growing investment for the development of advanced electroceuticals by major players as well as the government. For instance, GSK PLC and Microsoft Corporation invested significantly into the R&D of advance electroceutical devices. In 2016, both the companies collaborated to form Galvani Bioelectronics and plans to invest $715 million in next seven years for R&D programs. Around 55% stake are owned by GSK PLC, whereas 45% by Microsoft Corp.

A full report of Global Electroceuticals Market: https://www.omrglobal.com/industry-reports/electroceuticals-market

Global 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

Global Electroceuticals Market - Segment by Region

North America

• United States
• Canada
Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

Company Profiles

• Abbott Laboratories Inc.
• Advanced Bionics AG
• Aleva Neurotherapeutics SA
• Axonics Modulation Technologies Inc.
• BioElectronics Corp.
• Biotronik
• Boston Scientific Corp.
• Cala Health Inc.
• Cigna Corp.
• Cochlear Ltd
• Demant A/S
• Edwards Lifesciences Corp.
• Electrocore Inc.
• Functional Neuromodulation Ltd.
• Getinge AB
• GlaxoSmithKline PLC
• Lepu Medical Co. Ltd.
• Livanova PLC
• Medtronic PLC
• NeuroPace, Inc.
• Nevro Corp.
• Nurotron Biotechnology Co. Ltd.
• Nuvectra Corp.
• Renishaw PLC
• Second Sight Medical Products Inc.
• Sonova Holding AG
• Stimwave LLC
• Terumo Corp.
• ZOLL Medical Corp.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/electroceuticals-market

Media Contact:

Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 780-304-0404

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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