Europe Bioelectric Medicine Market 2020-2030 by Product Type (Implantable, Non-invasive), End User, and Country: Trend Forecast and Growth Opportunity

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Aug 2020 - 108 Pages - From $2,780
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Bioelectric medicines, also known as electroceuticals, are medical devices that are used to restore health in patients.  Bioelectric medicines function through neurostimulation and modulation of the nervous systems through electrical impulses. Europe bioelectric medicine market accounted for $6,056.6 million in 2019 and will grow by 5.5% annually over 2020-2030 owing to the growing geriatric population and rising acceptance of bioelectric medicines.
Highlighted with 35 tables and 43 figures, this 108-page report “Europe Bioelectric Medicine Market 2020-2030 by Product Type (Implantable, Non-invasive), End User, and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe bioelectric medicine market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2015-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Europe market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Europe bioelectric medicine market in every aspect of the classification from perspectives of Product Type, End User, and Country.

Based on Product Type, the Europe market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
Implantable Bioelectric Medicine
• Cardiac Pacemaker
• Implantable Cardioverter Defibrillators (ICD)
• Spinal Cord Stimulators (split into Chronic Pain, Failed Back Syndrome (FBSS), Ischemia by application)
• Cochlear Implants
• Deep Brain Stimulators (split into Parkinson’s Disease, Tremor, Depression, Other Deep Brain Stimulation Applications by application)
• Vagus Nerve Stimulators
• Sacral Nerve Stimulators (split into Urinary Incontinence and Fecal Incontinence by application)
• Retinal Implants
• Other Implantable Bioelectric Medicines
Non-invasive Bioelectric Medicine
• Transcutaneous Electrical Nerve Stimulators
• Transcranial Magnetic Stimulation (TMS)
• Pulsed Electromagnetic Field Therapy
• Other Non-invasive Bioelectric Medicines

Based on End User, the Europe market is segmented into the following sub-markets with annual revenue for 2019-2030 included in each section.
• Hospitals and Clinics
• Research Institutes
• Individual Users

Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
For each country, detailed analysis and data for annual revenue are available for 2019-2030. The breakdown of key national markets by Product Type and End User over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in Europe bioelectric medicine market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
Abbott Laboratories 
BIOTRONIK SE & Co. KG 
Boston Scientific Corporation 
Cochlear Limited 
electroCore, Inc. 
Inspire Medical Systems, Inc. 
LivaNova PLC 
Medtronic PLC 
NeuroMetrix, Inc 
Nevro Corp. 
Nuvectra Corporation 
OMRON CORPORATION 
Pixium Vision 
Second Sight Medical Products Inc 
SetPoint Medical 
Sonova Holding AG 
St. Jude Medical, Inc. 
Stimwave LLC 
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)

1 Introduction 5
1.1 Industry Definition and Research Scope 5
1.1.1 Industry Definition 5
1.1.2 Research Scope 6
1.2 Research Methodology 9
1.2.1 Overview of Market Research Methodology 9
1.2.2 Market Assumption 10
1.2.3 Secondary Data 10
1.2.4 Primary Data 10
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on the Market 18
2.2 Major Growth Drivers 20
2.3 Market Restraints and Challenges 24
2.4 Emerging Opportunities and Market Trends 27
2.5 Porter’s Fiver Forces Analysis 31
3 Segmentation of Europe Market by Product Type 35
3.1 Market Overview by Product Type 35
3.2 Implantable Bioelectric Medicine 37
3.2.1 Cardiac Pacemaker 39
3.2.2 Implantable Cardioverter Defibrillators (ICD) 40
3.2.3 Spinal Cord Stimulators 41
3.2.4 Cochlear Implants 42
3.2.5 Deep Brain Stimulators 43
3.2.6 Vagus Nerve Stimulators 44
3.2.7 Sacral Nerve Stimulators 45
3.2.8 Retinal Implants 46
3.2.9 Other Implantable Bioelectric Medicines 47
3.3 Non-invasive Bioelectric Medicine 48
3.3.1 Transcutaneous Electrical Nerve Stimulators 50
3.3.2 Transcranial Magnetic Stimulation (TMS) 51
3.3.3 Pulsed Electromagnetic Field Therapy 52
3.3.4 Other Non-invasive Bioelectric Medicines 53
4 Segmentation of Europe Market by End User 54
4.1 Market Overview by End User 54
4.2 Hospitals and Clinics 56
4.3 Research Institutes 57
4.4 Individual Users 58
5 European Market 2019-2030 by Country 59
5.1 Overview of European Market 59
5.2 Germany 62
5.3 UK 64
5.4 France 66
5.5 Spain 68
5.6 Italy 70
5.7 Russia 72
5.8 Rest of European Market 74
6 Competitive Landscape 76
6.1 Overview of Key Vendors 76
6.2 New Product Launch, Partnership, Investment, and M&A 82
6.3 Company Profiles 83
Abbott Laboratories 83
BIOTRONIK SE & Co. KG 85
Boston Scientific Corporation 86
Cochlear Limited 87
electroCore, Inc. 88
Inspire Medical Systems, Inc. 89
LivaNova PLC 90
Medtronic PLC 91
NeuroMetrix, Inc 92
Nevro Corp. 93
Nuvectra Corporation 94
OMRON CORPORATION 95
Pixium Vision 96
Second Sight Medical Products Inc 97
SetPoint Medical 98
Sonova Holding AG 99
St. Jude Medical, Inc. 100
Stimwave LLC 101
7 Investing in Europe Market: Risk Assessment and Management 102
7.1 Risk Evaluation of Europe Market 102
7.2 Critical Success Factors (CSFs) 105
Related Reports and Products 108

List of Tables:

Table 1.  Snapshot of Europe Bioelectric Medicine Market, 2019-2030 16
Table 2. Projection of Europe Disease Incidences Treated by Bioelectric Medicine, 2019-2030, million 23
Table 3.  Main Product Trends and Market Opportunities in Europe Bioelectric Medicine Market 27
Table 4. Europe Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 35
Table 5. Europe Implantable Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 38
Table 6. Europe Bioelectric Medicine Market: Spinal Cord Stimulators by Application, 2019-2030, $ mn 41
Table 7. Europe Bioelectric Medicine Market: Deep Brain Stimulators by Application, 2019-2030, $ mn 43
Table 8. Europe Bioelectric Medicine Market: Sacral Nerve Stimulators by Application, 2019-2030, $ mn 45
Table 9. Europe Non-invasive Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 49
Table 10. Europe Bioelectric Medicine Market by End User, 2019-2030, $ mn 54
Table 11. Europe Bioelectric Medicine Market by Country, 2019-2030, $ mn 61
Table 12. Germany Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 63
Table 13. Germany Bioelectric Medicine Market by End User, 2019-2030, $ mn 63
Table 14. UK Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 65
Table 15. UK Bioelectric Medicine Market by End User, 2019-2030, $ mn 65
Table 16. France Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 67
Table 17. France Bioelectric Medicine Market by End User, 2019-2030, $ mn 67
Table 18. Spain Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 69
Table 19. Spain Bioelectric Medicine Market by End User, 2019-2030, $ mn 69
Table 20. Italy Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 71
Table 21. Italy Bioelectric Medicine Market by End User, 2019-2030, $ mn 71
Table 22. Russia Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 73
Table 23. Russia Bioelectric Medicine Market by End User, 2019-2030, $ mn 73
Table 24. Bioelectric Medicine Market in Rest of Europe by Country, 2019-2030, $ mn 75
Table 25. Spinal Cord Stimulation Device Market by Key Vendor, 2019, % 78
Table 26. Cochlear Implant Market by Key Vendor, 2019, % 78
Table 27. Pacemaker and ICD Market by Key Vendor, 2019, % 78
Table 28. FDA Approved Products of Key Vendors, 2019, % 79
Table 29. Abbott Laboratories: Company Snapshot 83
Table 30. Abbott Laboratories: Business Segmentation 83
Table 31. Abbott Laboratories: Product Portfolio 84
Table 32. Abbott Laboratories: Revenue, 2016-2018, $ mn 84
Table 33. Abbott Laboratories: Recent Developments 84
Table 34.  Risk Evaluation for Investing in Europe Market, 2019-2030 103
Table 35. Critical Success Factors and Key Takeaways 106

 


List of Figures:

Figure 1. Research Method Flow Chart 9
Figure 2. Breakdown of Primary Research 11
Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 13
Figure 4. Europe Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 15
Figure 5. Europe Bioelectric Medicine Market, 2019-2030, $ mn 17
Figure 6. Impact of COVID-19 on Business 18
Figure 7. Primary Drivers and Impact Factors of Europe Bioelectric Medicine Market 20
Figure 8.  Worldwide Geriatric Population (60 years and above) by Regions, 2015 & 2030, million 23
Figure 9. Primary Restraints and Impact Factors of Europe Bioelectric Medicine Market 24
Figure 10. Investment Opportunity Analysis 28
Figure 11. Porter’s Fiver Forces Analysis of Europe Bioelectric Medicine Market 31
Figure 12. Breakdown of Europe Bioelectric Medicine Market by Product Type, 2019-2030, % of Sales Revenue 35
Figure 13. Europe Addressable Market Cap in 2020-2030 by Product Type, Value ($ mn) and Share (%) 36
Figure 14. Europe Bioelectric Medicine Market: Implantable Bioelectric Medicine, 2019-2030, $ mn 37
Figure 15. Europe Bioelectric Medicine Market: Cardiac Pacemaker, 2019-2030, $ mn 39
Figure 16. Europe Bioelectric Medicine Market: Implantable Cardioverter Defibrillators (ICD), 2019-2030, $ mn 40
Figure 17. Europe Bioelectric Medicine Market: Spinal Cord Stimulators, 2019-2030, $ mn 41
Figure 18. Europe Bioelectric Medicine Market: Cochlear Implants, 2019-2030, $ mn 42
Figure 19. Europe Bioelectric Medicine Market: Deep Brain Stimulators, 2019-2030, $ mn 43
Figure 20. Europe Bioelectric Medicine Market: Vagus Nerve Stimulators, 2019-2030, $ mn 44
Figure 21. Europe Bioelectric Medicine Market: Sacral Nerve Stimulators, 2019-2030, $ mn 45
Figure 22. Europe Bioelectric Medicine Market: Retinal Implants, 2019-2030, $ mn 46
Figure 23. Europe Bioelectric Medicine Market: Other Implantable Bioelectric Medicines, 2019-2030, $ mn 47
Figure 24. Europe Bioelectric Medicine Market: Non-invasive Bioelectric Medicine, 2019-2030, $ mn 48
Figure 25. Europe Bioelectric Medicine Market: Transcutaneous Electrical Nerve Stimulators, 2019-2030, $ mn 50
Figure 26. Europe Bioelectric Medicine Market: Transcranial Magnetic Stimulation (TMS), 2019-2030, $ mn 51
Figure 27. Europe Bioelectric Medicine Market: Pulsed Electromagnetic Field Therapy, 2019-2030, $ mn 52
Figure 28. Europe Bioelectric Medicine Market: Other Non-invasive Bioelectric Medicines, 2019-2030, $ mn 53
Figure 29. Breakdown of Europe Bioelectric Medicine Market by End User, 2019-2030, % of Sales Revenue 54
Figure 30. Europe Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%) 55
Figure 31. Europe Bioelectric Medicine Market: Hospitals and Clinics, 2019-2030, $ mn 56
Figure 32. Europe Bioelectric Medicine Market: Research Institutes, 2019-2030, $ mn 57
Figure 33. Europe Bioelectric Medicine Market: Individual Users, 2019-2030, $ mn 58
Figure 34. Breakdown of European Bioelectric Medicine Market by Country, 2019 and 2030, % of Revenue 60
Figure 35. Contribution to Europe 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 61
Figure 36.  Bioelectric Medicine Market in Germany, 2019-2030, $ mn 62
Figure 37.  Bioelectric Medicine Market in UK, 2019-2030, $ mn 64
Figure 38.  Bioelectric Medicine Market in France, 2019-2030, $ mn 66
Figure 39.  Bioelectric Medicine Market in Spain, 2019-2030, $ mn 68
Figure 40.  Bioelectric Medicine Market in Italy, 2019-2030, $ mn 70
Figure 41.  Bioelectric Medicine Market in Russia, 2019-2030, $ mn 72
Figure 42.  Bioelectric Medicine Market in Rest of Europe, 2019-2030, $ mn 74
Figure 43. Growth Stage of Europe Bioelectric Medicine Industry over the Forecast Period 76

 

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