Press release
Bioelectric Medicine Market Size And Share Report, 2033
Bioelectric Medicine Market Size
As per the report, the bioelectric medicine market size has grown strongly in recent years. It will grow from $22.68 billion in 2023 to $24.69 billion in 2024 at a compound annual growth rate (CAGR) of 8.9%. The bioelectric medicine market size is expected to see strong growth in the next few years. It will grow to $35.00 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15523&type=smp
Rising Healthcare Expenditure Driving Bioelectric Medicine Market Growth
The increasing healthcare expenditure is expected to propel the growth of the bioelectric medicine market going forward. Healthcare expenditure is the total amount of money spent on healthcare services and resources within a given time frame. The increase in healthcare expenditure is fueled by factors such as population aging, advancements in medical technology, and rising chronic disease prevalence. The increasing healthcare expenditure positively impacts bioelectric medicine by fostering greater investment in research, development, and adoption of innovative bioelectric therapies. For instance, in 2022, according to the Office for National Statistics, a UK-based national statistical institute, UK healthcare expenditure reached approximately $354.88 billion (£283 billion) in 2022, reflecting an increase of 0.7% compared to spending in 2021. Therefore, the increasing healthcare expenditure will drive the bioelectric medicine market going forward.
Advancements In Bioelectric Medicine Enhanced Deep Brain Stimulation Therapy
Major companies operating in the bioelectric medicine market are focusing on technological advancements such as software-enabled general wellness bioelectric medicines to gain a competitive advantage. The software-enabled general wellness medicine gives users precise guidance for deep brain stimulation therapy procedures and aids in surgical planning, intra-operative electrode placement, and customized programming for deep brain stimulation therapy. For instance, In July 2023, Boston Scientific Corporation, a US-based bioelectric medicine and wellness company, announced that Vercise Neural Navigator 5 Software had received approval from the US FDA. This software provides advanced features for precise targeting and programming of deep brain stimulation (DBS) therapy. It integrates imaging data with stimulation parameters, allowing for tailored treatment of neurological disorders. This leads to accurate electrode placement, precise guidance in surgical planning, and customized programming, ultimately enhancing treatment outcomes and patient satisfaction.
The bioelectric medicine market covered in this report is segmented -
1) By Type: Implantable Electroceutical Devices, Non-Invasive Electroceutical Devices
2) By Product: Implantable Cardioverter-Defibrillators, Cardiac Pacemakers, Cochlear Implants, Spinal Cord Stimulators, Deep Brain Stimulators, Transcutaneous Electrical Nerve Stimulators (TENS), Sacral Nerve Stimulators, Vagus Nerve Stimulators, Other Products
3) By Application: Arrhythmia, Pain Management, Sensorineural Hearing Loss, Parkinson's Disease, Tremor, Depression, Treatment-Resistant Depression, Epilepsy, Other Applications
4) By End Use: Hospitals, Other End Uses
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=15523&type=discount
Major companies operating in the bioelectric medicine market are Abbott Laboratories, Medtronic PLC, Koninklijke Philips N.V., Boston Scientific Corporation, Biotronik SE & Co. KG, Cochlear Ltd., LivaNova PLC, Bioventus LLC, Inspire Medical Systems Inc., Nevro Corporation, Axonics Inc., Zynex Inc., NeuroPace Inc., Stimwave LLC, Setpoint Medical Corporation, ReShape Lifesciences Inc., ElectroCore Inc., NeuroMetrix Inc., Soterix Medical Inc., Galvani Bioelectronics, MicroTransponder Inc., BioElectronics Corporation, Cerbomed GmbH
Contents of the report:
1. Executive Summary
2. Bioelectric Medicine Market Report Structure
3. Bioelectric Medicine Market Trends And Strategies
4. Bioelectric Medicine Market - Macro Economic Scenario
5. Bioelectric Medicine Market Size And Growth
…..
27. Bioelectric Medicine Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/bioelectric-medicine-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
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 Bioelectric Medicine Market Size And Share Report, 2033 here
News-ID: 3562832 • Views: …
More Releases from The Business research company
Evolving Market Trends In The Integrated Geophysical Services Industry: Enhancin …
The Integrated Geophysical Services Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Expected Integrated Geophysical Services Market Size During the Forecast Period?
The integrated geophysical services market has experienced consistent growth in recent years, expected to rise from $2.35 billion in 2024 to…
Global HR Advisory Services Market: Key Trends, Market Share, Growth Drivers, An …
The HR advisory services market report describes and explains the HR advisory services market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global HR advisory services market reached a value of nearly $155.74 billion in 2024, having grown at a compound annual growth rate (CAGR) of 4.22% since…
High Voltage Aluminium Electrolytic Capacitors Global Market Report 2025: Size, …
The high voltage aluminum electrolytic capacitors report describes and explains the high voltage aluminum electrolytic capacitors market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global high voltage aluminum electrolytic capacitors market reached a value of nearly $4.10301 billion in 2024, having grown at a compound annual growth…
Global Vertical Market Software Market: Key Trends, Market Share, Growth Drivers …
The vertical market software report describes and explains the vertical market software market and covers 2019-2024, termed the historic period, and 2024-2029, 2034F termed the forecast period. The report evaluates the market across each region and for the major economies within each region.
The global vertical market software market reached a value of nearly $152.61027 billion in 2024, having grown at a compound annual growth rate (CAGR) of 12.11% since 2019.…
More Releases for Bioelectric
Advancements In Bioelectric Medicine Enhanced Deep Brain Stimulation Therapy Tre …
What combination of drivers is leading to accelerated growth in the bioelectric medicine market?
The escalating expenses in healthcare are predicted to catalyze the advancement of the bioelectric medicine market. Healthcare expenditure signifies the aggregate money spent on healthcare services and resources over a particular period. Factors such as an ageing population, progress in medical technology, and a surge in chronic disease incidence fuel this increase in healthcare expenditure. This surge…
Key Influencer in the Bioelectric Medicine Market 2025: Rising Healthcare Expend …
What Is the Forecasted Market Size and Growth Rate for the Bioelectric Medicine Market?
There has been a significant expansion observed in the bioelectric medicine market size in the past few years. Expanding from a value of $24.69 billion in 2024, it's predicted to grow to $27.01 billion in 2025 exhibiting a compound annual growth rate (CAGR) of 9.4%. Factors contributing to this growth during the historic period include a rise…
Bioelectric Medicine Market Harnessing the Body's Electricity: The Bioelectric M …
Bioelectric Medicine Market to reach over USD 29.06 billion by the year 2031 - Exclusive Report by InsightAce Analytic
InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Bioelectric Medicine Market Size, Share & Trends Analysis Report By Product (Pacemaker, ICD, Cochlear Implant, Deep Brain, Spinal Cord, Vagus, Sacral Nerve Stimulators), Application (Ischemia, Epilepsy), Type (Implantable, Noninvasive), End User (Hospitals, Clinics, & ASCs)- Market Outlook…
Bioelectric Medicine Market SIZE, STATUS AND FORECAST 2021-2028
The exclusive research report on 'Bioelectric Medicine Market' now available with 𝐂𝐨𝐡𝐞𝐫𝐞𝐧𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, offers a detailed analysis of the factors influencing the global business sphere. This report also provides precise information pertaining to market size, commercialization aspects and revenue estimation of this business. The report further elucidates the status of leading industry players thriving in the competitive spectrum of the Bioelectric Medicine Market.
The research report incorporates a detailed evaluation…
Global Electroceuticals/Bioelectric Market Size, Status and Forecast
Electroceuticals/Bioelectric encompass medical devices that use electrical impulses to modulate the body's neural circuits as an alternative to drug-based intervention. The market growth can be attributed to rising geriatric population, regulatory approval for new and advanced electroceuticals, growing investments and funds for the development of novel therapies and electroceuticals, rising prevalence of neurological disorders, and growing prevalence of hearing loss. In 2018, the global Electroceuticals/Bioelectric market size was 17500 million…
Global Electroceuticals/Bioelectric Medicine Market Research Report
This report studies the global Electroceuticals/Bioelectric Medicine market status and forecast, categorizes the global Electroceuticals/Bioelectric Medicine market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Medtronic St.Jude Medical Boston Cochlear Biotronik Livanova Sonova Nevro Electrocore Second Sight Medical Products Geographically, this report…
