ELECTROCEUTICAL DEVICES MARKET ANALYSIS

Name: Electroceutical Devices Market Size and Trends
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy
Keywords: Electroceutical Devices Market, Electroceutical Devices Market Report, Electroceutical Devices Industry Report, Electroceutical Devices Market Size, Electroceutical Devices Market Share, Electroceutical Devices Market Analysis, Electroceutical Devices Market Growth, Electroceutical Devices Market Trends, Electroceutical Devices Market Overview, Electroceutical Devices Market Forecast

Electroceutical Devices Market, by Product Type (Cardiac Pacemakers, Implantable Cardioverter Defibrillators, Cardiac Resynchronization Therapy Devices, Retinal Implants, Cochlear Implants, Spinal cord Stimulators, Deep brain Stimulators, Sacral Neuromodulators and Others), by Modality (Implantable Electroceutical Devices and Non-Invasive Electroceutical Devices), by Application (Chronic Pain, Cardiovascular Diseases, Ophthalmic Diseases, Neurological Diseases, Hearing Disorders and Gastrointestinal Diseases), By End User (Hospitals, Ambulatory Surgical Centers and Others) - Size, Share, Outlook, and Opportunity Analysis, 2018-2026

Published In : Jul 2018
Code : CMI1958
Pages :192
Formats :
Excel and PDF
Industry : Medical Devices

Electroceutical Devices MarketSize and Trends

The global electroceutical devices market size was valued at US$ 16,141.8 Mn in 2017, and is expected to witness a CAGR of 6.8% over the forecast period (2018 – 2026).

Global Electroceutical Devices Market Share, By Modality: 2018 & 2026

Source: Coherent Market Insights Analysis (2018)

Other factors boosting growth of the bioelectric medicine market include increasing number of diseases in geriatric population such as cardiac arrhythmias, Parkinson’s disease, Alzheimer’s disease, epilepsy, and depression, and rise in chronic diseases such as neurological and cardiac disorders. For instance, according to a study conducted by Journal of Family Medicine and Primary Care in 2017, four major chronic diseases including cancer, cardiovascular disease, diabetes, and chronic respiratory diseases were the major cause for 82% deaths in India. According to a study conducted by World Health Organization (WHO), in 2017, non-communicable diseases are expected to contribute to death of 52 million people by 2030 globally.