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United States Electroceutical Devices Market to hit US$ 8935.61 Million by 2031 | Major Market Players - Boston Scientific Corporation, Inc, Abbott Laboratories, Philips Healthcare

02-10-2026 01:33 PM CET | Health & Medicine

Press release from: DataM intelligence 4 Market Research LLP

Electroceutical Devices Market

Electroceutical Devices Market

As per DataM intelligence research report "Electroceutical Devices Market size was valued at USD 20,987.61 million in 2022 and is estimated to reach USD 29,785.39 million by 2031, growing at a CAGR of 6.14% during the forecast period (2024-2031)."

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United States: Recent Developments

✅ In January 2026, Medtronic advanced development of implantable electroceutical therapies targeting chronic pain and neurological disorders. The company focused on next-generation neuromodulation systems with improved programmability and patient-specific stimulation algorithms. Medtronic continues to expand its electroceuticals portfolio across multiple therapeutic areas.

✅ In December 2025, Boston Scientific enhanced its neuromodulation and electroceutical platforms used for spinal cord stimulation and peripheral nerve stimulation. The upgrades emphasize longer battery life, improved signal precision, and patient comfort. Boston Scientific remains a major innovator in minimally invasive bioelectronic medicine.

✅ In November 2025, Abbott progressed upgrades to its electroceutical neuromodulation devices supporting treatment of chronic pain and movement disorders. The developments focus on adaptive stimulation and remote programming capabilities. Abbott continues to integrate digital health features into electroceutical therapies.

✅ In September 2025, Nevro Corp expanded clinical adoption of its HF10® electroceutical technology for spinal cord stimulation in pain management. The company emphasized consistent pain relief without paresthesia. Nevro continues to strengthen its position in high-frequency neuromodulation solutions.

Japan: Recent Developments

✅ In January 2026, Terumo Corporation advanced research into bioelectronic and electroceutical systems for cardiovascular and neurological applications. The company focused on precision stimulation and device miniaturization. Terumo continues to invest in next-generation therapeutic device technologies.

✅ In December 2025, Nihon Kohden Corporation enhanced electroceutical device integration within patient monitoring and neuromodulation platforms. The developments emphasize safety, accuracy, and interoperability in hospital environments. Nihon Kohden continues to support advanced clinical electrotherapy solutions.

✅ In November 2025, Otsuka Medical Devices progressed development of electroceutical therapies targeting neurological and psychiatric conditions. The company focused on improving stimulation consistency and long-term treatment outcomes. Otsuka continues to leverage neuroscience expertise in bioelectronic medicine.

✅ In September 2025, Panasonic Healthcare explored electroceutical technology applications combining electronics expertise with therapeutic stimulation systems. The initiative emphasizes compact design and energy efficiency. Panasonic continues to evaluate opportunities in medical-grade electroceutical innovation.

Electroceutical Devices Market: Drivers

The electroceutical devices market is growing as interest in neuromodulation and bioelectronic therapies rises for treating chronic diseases. Increasing prevalence of neurological, inflammatory, and cardiovascular disorders drives demand. Expansion in research on bioelectronic medicine and clinical applications strengthens adoption. Growing awareness of alternatives to pharmacological treatments supports market growth. Rising investment by medical device companies and academic institutions fuels innovation. Regulatory support and reimbursement policies for advanced therapies enhance adoption. Collaborations between technology developers, hospitals, and research centers drive market dynamics.

Technological advancements are transforming electroceutical devices. Development of implantable and wearable neuromodulation systems improves precision and patient outcomes. Integration with AI, sensors, and remote monitoring enables personalized therapy management. Innovations in miniaturization, battery life, and electrode materials enhance usability and reliability. Expansion in applications such as pain management, diabetes, and cardiovascular diseases broadens adoption. Ongoing R&D in non-invasive and targeted therapies supports market growth. With continuous innovation and rising awareness, the electroceutical devices market is poised for significant expansion.

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Electroceutical Devices Market: Major Players

Boston Scientific Corporation, Inc, Abbott Laboratories, Philips Healthcare, Medtronics Plc, Cochlear Ltd, LivaNova Plc, NeuroMetrix, Inc., Nevro Corporation, Biotronik, Sonova and more.

Segment Covered in the Electroceutical Devices Market:

➥ By Product Type: Implantable Cardioverter Defibrillators (ICDs), Cardiac Pacemakers, Cardiac Resynchronization Therapy Devices, Cochlear Implants, Retinal Implants, Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Others
➥ By Application: Cardiovascular Diseases, Ophthalmic Diseases, Neurological Diseases, Hearing Disorders, Chronic Pain, Gastrointestinal Diseases, Others
➥ By Modality: Invasive-Implantable Electroceutical Devices, Non-Invasive Electroceutical Devices
➥ By End-User: Hospitals, Ambulatory Surgical Centers

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Regional Analysis:

⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Most Frequently Asked Questions in the Electroceutical Devices Market Research Industry:

➠ Who leads the Electroceutical Devices industry and what's their competitive positioning regarding capacity, performance, and profitability?
➠ What growth opportunities and market challenges do Electroceutical Devices market vendors face?
➠ Which segments show the highest growth potential and market share distribution?
➠ What factors are driving or limiting Electroceutical Devices market growth?
➠ What are the dominant sales and distribution strategies in the Electroceutical Devices industry?

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✅ Competitive Landscape
✅ Technology Roadmap Analysis
✅ Sustainability Impact Analysis
✅ KOL / Stakeholder Insights
✅ Consumer Behavior & Demand Analysis
✅ Import-Export Data Monitoring
✅ Live Market & Pricing Trends

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Email: Sai.k@datamintelligence.com
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About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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