Press release
European Electroceuticals Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027
The European electroceuticals market is expected to grow at a CAGR of 7.0% during the forecast period. The market is growing owing to the well-developed healthcare infrastructure and supportive government policies such as the Affordable Care Act. Furthermore, the presence of favorable reimbursement policies also estimated to drive the growth of the market in the region. Rising geriatric population is another major factor that is expected to surge the market growth during the forecast period. The elderly population is at increased risk of developing various diseases such as Parkinson's disease, Alzheimer's, Cardiac arrhythmias, and epilepsy.Get Free Sample Copy @ https://www.omrglobal.com/request-sample/european-electroceuticals-market
The market is segmented on the basis of product and end-user. On the basis of product, the market is segmented into cardioverter defibrillators and cardiac pacemaker, deep brain stimulators (DBS), spinal cord stimulators (SCS), vagus nerve stimulators, hearing aids, and cochlear implants, and others such as sacral nerve stimulators, and transcutaneous electrical nerve stimulators. By the End-user segment, the market is segmented into hospitals & clinics and home care and others. Abbott Laboratories Inc., Advanced Bionics AG, Axonics Modulation Technologies Inc., Boston Scientific Corp., BioElectronics Corp., Cochlear Ltd. are the manufacturer, and supplier of medical devices such as a pacemaker, defibrillator, vagus nerve stimulators and has its facilities in more than 40 countries and includes over 100 brands in its product portfolio.
Browse for Full Report Description@ https://www.omrglobal.com/industry-reports/european-electroceuticals-market
These players adopt various strategies in order to remain competitive in the global market. Some of the strategies followed by market players include mergers and acquisitions, product offering expansion, geographical expansion, and partnerships and collaborations. For instance, In August 2018, Demant A/S and Phillips signed an agreement for the introduction of the new and advance Phillips-branded solutions to hearing healthcare. This partnership will create various new and unique opportunities for hearing care professionals in an ever-evolving market.
Market Segmentation
By Product and its Application
Cardioverter Defibrillators and Cardiac Pacemaker
• Arrhythmias
Deep Brain Stimulators
• Parkinson’s Disease
• Depression
Spinal Cord Stimulators
• Failed Back Syndrome
• Ischemia
Vagus Nerve Stimulators
• Epilepsy
Cochlear Implants
• Sensorineural Hearing Loss
Others (Sacral Nerve Stimulators, Transcutaneous Electrical Nerve Stimulators)
• Urinary Incontinence
• Treatment-Resistant Depression
By End-Users
• Hospitals and Clinics
• Homecare and Other
Regional Analysis
• 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
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release European Electroceuticals Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027 here
News-ID: 2363888 • Views: …
More Releases from Orion Market Research
Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033.
Road Marking Paint Market Overview
The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new…
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period.
Outboard Boat Market Overview
The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including…
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033.
Mobile Ticketing Market Overview
The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,…
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033.
Metal Alloy Market Overview
The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in…
More Releases for Stimulators
Bone Growth Stimulators Market - Promote Regeneration, Enhance Mobility: Choose …
Newark, New Castle, USA: The "Bone Growth Stimulators Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Bone Growth Stimulators Market: https://www.growthplusreports.com/report/bone-growth-stimulators-market/7852
This latest report researches the industry structure,…
Global Peripheral Nerve Stimulators Market 2022: Transcutaneous Peripheral Nerve …
The peripheral nerve stimulator market refers to the industry that produces and sells devices used for peripheral nerve stimulation therapy. Peripheral nerve stimulation is a medical treatment that involves using electrical impulses to activate peripheral nerves to alleviate chronic pain, muscle weakness, and other conditions. The market for peripheral nerve stimulators is growing due to the increasing prevalence of chronic pain and neurological conditions, as well as advancements in technology…
Global Peripheral Nerve Stimulators Market 2023: Transcutaneous Peripheral Nerve …
The peripheral nerve stimulator market refers to the market for devices and equipment used to stimulate peripheral nerves for pain management and other medical purposes. These devices use electrical impulses to target specific nerves and are used in a variety of settings, including hospitals, clinics, and patients' homes. The market for peripheral nerve stimulators is expected to grow in the coming years due to the increasing prevalence of chronic pain…
Global Peripheral Nerve Stimulators Market 2022: Transcutaneous Peripheral Nerve …
Peripheral nerve stimulators are devices that are used to stimulate the peripheral nerves in the body for the treatment of various conditions, such as chronic pain, incontinence, and muscle spasms. The market for peripheral nerve stimulators is expected to grow significantly in 2022, driven by the increasing prevalence of chronic pain and the growing demand for minimally invasive pain management solutions.
Factors such as the adoption of advanced technologies, the increasing…
Global Peripheral Nerve Stimulators Market 2022: Transcutaneous Peripheral Nerve …
Peripheral nerve stimulators are devices that are used to stimulate the peripheral nerves in the body for the treatment of various conditions, such as chronic pain, incontinence, and muscle spasms. The market for peripheral nerve stimulators is expected to grow significantly in 2022, driven by the increasing prevalence of chronic pain and the growing demand for minimally invasive pain management solutions.
Factors such as the adoption of advanced technologies, the increasing…
Global Peripheral Nerve Stimulators Market 2022: Transcutaneous Peripheral Nerve …
Peripheral nerve stimulators are medical devices that are used to stimulate the nerves in the body in order to diagnose and treat various conditions. These devices work by sending electrical signals to the targeted nerve, which can help to reduce pain, improve muscle strength, and restore function.
The global peripheral nerve stimulators market is expected to grow significantly in the coming years, due to increasing prevalence of chronic pain and the…
