Gastric Electric Stimulators Market To Witness An Influx Of Cryptocurrency At A CAGR Of 6.6%
The global adoption of gastric electric stimulators is projected to witness a surge in demand in 2019, representing a robust year-on-year growth of 6.6 percent, reach a valuation of approximately US$ 188.4 Million, during the same period.
Persistence Market Research (PMR) has studied the global gastric electric stimulators market for a period of 8 years, 2018-2026, offering critical insights into demand-driving factors, shaping the adoption trajectory.
The demand for gastric electric stimulators is likely to be driven by a host of pacesetters, including increasing minimally invasive procedures, rising reported cases of Gastroparesis, and favorable reimbursement schemes.
Growing prevalence of Gastroparesis-a condition characterized by severity of nausea and vomiting and composite quality-of-life (QOL)-has been identified as the most critical demand generating factor, further making gastric electric stimulators the most preferred treatment alternative for such difficult-to-treat diseases.
How About Looking Through The Sample Of Gastric Electric Stimulators Market Report? https://www.persistencemarketresearch.com/samples/25954
ReShape Lifesciences, Inc.
Changzhou Ruishen Medical Equipment Co., Ltd
"Enterra system, the most principal medical device used for treating Gastroparesis, globally, is approved by the FDA as a humanitarian use device, considering its applicability is treating or diagnosing a disease or condition affecting less than 4000 individuals a year in the United States.
Moreover, the American College of Gastroenterology (ACG), although conditionally, recommends the use of gastric electric stimulators for patients with chronic, intractable nausea and vomiting due to Gastroparesis. The gastric electric stimulators, such as Enterra, is a battery-operated gastric neurostimulator, which is normally implanted under the skin in the lower abdomen region", Senior Analyst, PMR
Considering the rareness of Gastroparesis combined with increasing prevalence of gastric-related conditions, investments in research and clinical studies have substantially increased in the recent years.
Studies indicate that gastric electric stimulators have the ability to normalize symptoms, such as BMI, oral nutritional intake, and gastric emptying rates. Moreover, considered as an effective alternative to gastrectomy in patients with end-stage gastric dysfunction, demand for gastric electric stimulators is anticipated to increase 1.6x, through 2026.
How About Step-By-Step Insights To Gastric Electric Stimulators Market? Look Through The "Methodology" Employed! https://www.persistencemarketresearch.com/methodology/25954
High-Frequency Gastric Electric Stimulators Gain Prominence
According to the report, high-frequency gastric electric stimulators is gaining immense traction as one of the highly effective product type, versus low-frequency gastric electric stimulators.
Apart from being less invasive and more patient-friendly in terms of insertion, high-frequency gastric electric stimulators are known to have a relatively longer battery life compared to low-frequency gastric electric stimulators.
In addition, gastric electrical stimulation with high-frequency significantly improved the severity of nausea and vomiting combined with enhanced propagation velocity and slow wave amplitude. As per the report, high-frequency gastric electric stimulators with approximately 77 percent market share, is expected to ameliorate the treatment landscape for Gastroparetic patients.
"Although gastric electrical stimulation is the most viable treatment for chronic drug-refractory nausea and vomiting secondary to Gastroparesis of idiopathic or diabetic etiology, risks associated with Enterra Therapy remain exceptionally high, thereby limiting its adoption. Infection, bleeding, pain at the implant site, lead penetration, gastric and bowel perforation, and inflammation are some critical risks that often result in additional surgeries and unpleasant patient experience", Senior Analyst, PMR
In the wheel of fortune analysis of various segments, PMR placed different segments including product type, end-user, indication, and region in various growth quadrants. While high frequency gastric electric stimulators is placed in the mature phase quadrant, low-frequency gastric electric stimulators are anticipated to showcase high CAGR, in the coming years.
Since, the implantation of gastric electric stimulators requires precision, only hospitals having institutional review board's approval can use such stimulators on Gastroparetic patients. In terms of end-user, hospitals are projected to hold approximately 75 percent of the total market share. On the basis of indication, obesity, after Gastroparesis is expected to be the second most lucrative segment in the global gastric electric stimulators market during the forecast period.
Want To Keep A Tab On The Latest Findings In The Gastric Electric Stimulators Market? Purchase Our Gastric Electric Stimulators Market Report Now! https://www.persistencemarketresearch.com/checkout/25954
Regionally, North America retains its lead as the largest and most lucrative gastric electric stimulators market, with nearly 57 percent market share anticipated by the end of 2018. Growing investments in R&D activities, on-going innovations, and presence of key companies are some major factors creating attractive opportunities in the gastric electric stimulators market, across North America.
The competitive landscape in the global gastric electric stimulators market is relatively consolidated, with key tier-1 players such as Medtronic Plc. contributing approximately 5o percent revenue share to the global gastric electric stimulators market, given their superior product offering and expansive regional presence.
In terms of differentiation strategies, key companies are poised to enter into partnerships and collaborations to solidify their market presence. In addition, key companies are also strengthening their product portfolios by developing potential treatment options for gastrointestinal disorders.
Access Related Reports-
Gynaecological Cancer Drugs Market: https://www.persistencemarketresearch.com/market-research/gynaecological-cancer-drugs-market.asp
Obesity Surgery Devices Market: https://www.persistencemarketresearch.com/market-research/obesity-surgery-devices-market.asp
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - firstname.lastname@example.org
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
This release was published on openPR.
Permanent link to this press release:
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 Gastric Electric Stimulators Market To Witness An Influx Of Cryptocurrency At A CAGR Of 6.6% here
News-ID: 2636628 • Views: 243
More Releases from Persistence Market Research
Portable Temperature And Humidity Data Market to Flourish with an Impressive CAG …
Portable Temperature And Humidity Data Loggers Market: Overview Portable temperature data loggers are useful instruments which can be used to record temperature of any object for a predefined time. The temperature can be monitored from a distance which is measured on an autonomous basis. This portable temperature and humidity data loggers are primarily used in cold chain shipping and logistics. There are a wide variety of temperature and humidity data loggers available
Rupture Disc Market Estimates The Market To Expand At Around 3.7% CAGR From 2021 …
Global rupture disc sales are set to be valued at US$ 587.5 Mn in 2021, with a stable long-term projection, according to latest insights by Persistence Market Research. The report estimates the market to expand at around 3.7% CAGR from 2021 to 2031. Growing need for high-performance safety devices in the industrial sector has led to intensify demand for rupture discs from the oil & gas and energy & chemical industry.
The Lithium Ion Battery Market estimated to expand at a CAGR of around 14% by va …
The rapidly growing fleet of electric vehicles (EVs) is one of the most important driving factors for the lithium ion battery market. The automotive industry has been witnessing a visible shift from using nickel metal batteries to lithium ion batteries in plug-in vehicles and EVs. The beneficial physical characteristics of lithium ion batteries such as small size and light weight have bolstered their demand across the automotive industry. The global
Incremental Sales To Drive The Agricultural Equipment Market From 2016-2024
The dependency of agricultural activities on equipment has intensified as conventional methods of obtaining better farm produce are being rendered as useless. Taking the growing global population into account, demand for effective agricultural equipment continues to grow in parallel with the rising global consumption of food & beverages. However, high interest rates levied for purchase of agricultural equipment are becoming a major stumbling block for farmers from several parts of
More Releases for Gastric
"Gastric Cancer - Market Outlook and Competitive Landscape Report 2015 – 2030 …
Report Snapshot: • Gastric cancer is considered one of the leading causes of mortality in the world, Most of this burden occurs in developing countries. Among other type cancer gastric cancer is considered the most common type of upper gastrointestinal cancers, according to Globocan 2016, this disease was the fifth most common cancer with the incidence of about one million new cases in the world. It has indicated a significant change
The Virtual Gastric Band 101
There’s been a lot in the media recently about the Hypnotic Gastric Band or also known as The Virtual Gastric Band. I get asked a lot about it so thought I’d give a Virtual Gastric Band 101 on what it is, but more importantly what it’s not. The Virtual Gastric Band - It is a non-surgical technique which uses the power of hypnosis to retrain the person to be satisfied with smaller
Gastric Inhibitory Polypeptide Receptor-Pipeline Review H2 2017
The report 'Gastric Inhibitory Polypeptide Receptor-Pipeline Review, H2 2017' outlays comprehensive information on the Gastric Inhibitory Polypeptide Receptor (Glucose Dependent Insulinotropic Polypeptide Receptor or GIPR) targeted therapeutics, complete with analysis by indications, stage of development, mechanism of action (MoA), route of administration (RoA) and molecule type; that are being developed by Companies / Universities. According to the recently published report 'Gastric Inhibitory Polypeptide Receptor-Pipeline Review, H2 2017'; Gastric Inhibitory Polypeptide Receptor
Coastal Cosmetics Reshape Gastric Balloon Webinar
Those who are in the dieting industry and related fields, as well as professional medical clinicians, know that weight loss is a hard and complex struggle. In many cases, weight loss is the best way to deal with chronic conditions and prevent major health threats, even those that can be potentially fatal. At the same time, lifestyle changes may not accomplish the results that a patient needs. The Reshape gastric balloon
BRIC Bariatric Surgery Devices Market Segments - Bariatric Stapling Devices, Gas …
"The Report BRIC Bariatric Surgery Devices Market Outlook to 2023 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz" GlobalDatas new report, "BRIC Bariatric Surgery Devices Market Outlook to 2023", provides key market data on the BRIC Bariatric Surgery Devices market. The report provides value, in millions of US dollars, volume (in units) and and average prices (USD) within market segments -
Global Gastric Banding Market Research Report 2017
This report studies Gastric Banding in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with capacity, production, price, revenue and market share for each manufacturer, covering Roche Abbott Siemens Alere Nova Request Sample Report: http://www.reportbazzar.com/request-sample/?pid=887564&ptitle=Global+Gastric+Banding+Market+Research+Report+2017&req=Sample Market Segment by Regions, this report splits Global into several key Regions, with production, consumption, revenue, market share and growth rate of Gastric Banding in these regions, from 2011 to 2021