Asia Pacific 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 - 107 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. Asia Pacific bioelectric medicine market will grow by 8.4% annually with a total addressable market cap of $64.58 billion over 2020-2030 owing to the growing geriatric population and rising acceptance of bioelectric medicines.
Highlighted with 30 tables and 42 figures, this 107-page report “Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia Pacific bioelectric medicine market in every aspect of the classification from perspectives of Product Type, End User, and Country.

Based on Product Type, the Asia Pacific 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 Asia Pacific 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:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
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 Asia Pacific 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 Asia Pacific 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 Asia Pacific 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 Asia-Pacific Market 2019-2030 by Country 59
5.1 Overview of Asia-Pacific Market 59
5.2 Japan 62
5.3 China 65
5.4 Australia 68
5.5 India 70
5.6 South Korea 72
5.7 Rest of APAC Region 74
6 Competitive Landscape 76
6.1 Overview of Key Vendors 76
6.2 New Product Launch, Partnership, Investment, and M&A 81
6.3 Company Profiles 82
Abbott Laboratories 82
BIOTRONIK SE & Co. KG 84
Boston Scientific Corporation 85
Cochlear Limited 86
electroCore, Inc. 87
Inspire Medical Systems, Inc. 88
LivaNova PLC 89
Medtronic PLC 90
NeuroMetrix, Inc 91
Nevro Corp. 92
Nuvectra Corporation 93
OMRON CORPORATION 94
Pixium Vision 95
Second Sight Medical Products Inc 96
SetPoint Medical 97
Sonova Holding AG 98
St. Jude Medical, Inc. 99
Stimwave LLC 100
7 Investing in Asia Pacific Market: Risk Assessment and Management 101
7.1 Risk Evaluation of Asia Pacific Market 101
7.2 Critical Success Factors (CSFs) 104
Related Reports and Products 107

List of Tables:

Table 1.  Snapshot of Asia Pacific Bioelectric Medicine Market, 2019-2030 16
Table 2. Projection of Asia Pacific Disease Incidences Treated by Bioelectric Medicine, 2019-2030, million 23
Table 3.  Main Product Trends and Market Opportunities in Asia Pacific Bioelectric Medicine Market 27
Table 4. Asia Pacific Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 35
Table 5. Asia Pacific Implantable Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 38
Table 6. Asia Pacific Bioelectric Medicine Market: Spinal Cord Stimulators by Application, 2019-2030, $ mn 41
Table 7. Asia Pacific Bioelectric Medicine Market: Deep Brain Stimulators by Application, 2019-2030, $ mn 43
Table 8. Asia Pacific Bioelectric Medicine Market: Sacral Nerve Stimulators by Application, 2019-2030, $ mn 45
Table 9. Asia Pacific Non-invasive Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 49
Table 10. Asia Pacific Bioelectric Medicine Market by End User, 2019-2030, $ mn 54
Table 11. APAC Bioelectric Medicine Market by Country, 2019-2030, $ mn 60
Table 12. Japan Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 64
Table 13. Japan Bioelectric Medicine Market by End User, 2019-2030, $ mn 64
Table 14. China Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 66
Table 15. China Bioelectric Medicine Market by End User, 2019-2030, $ mn 66
Table 16. Australia Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 69
Table 17. Australia Bioelectric Medicine Market by End User, 2019-2030, $ mn 69
Table 18. India Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 71
Table 19. India Bioelectric Medicine Market by End User, 2019-2030, $ mn 71
Table 20. South Korea Bioelectric Medicine Market by Product Type, 2019-2030, $ mn 73
Table 21. South Korea Bioelectric Medicine Market by End User, 2019-2030, $ mn 73
Table 22. Bioelectric Medicine Market in Rest of APAC by Country, 2019-2030, $ mn 75
Table 23. FDA Approved Products of Key Vendors, 2019, % 78
Table 24. Abbott Laboratories: Company Snapshot 82
Table 25. Abbott Laboratories: Business Segmentation 82
Table 26. Abbott Laboratories: Product Portfolio 83
Table 27. Abbott Laboratories: Revenue, 2016-2018, $ mn 83
Table 28. Abbott Laboratories: Recent Developments 83
Table 29.  Risk Evaluation for Investing in Asia Pacific Market, 2019-2030 102
Table 30. Critical Success Factors and Key Takeaways 105

 


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. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 15
Figure 5. Asia Pacific Bioelectric Medicine Market, 2019-2030, $ mn 17
Figure 6. Impact of COVID-19 on Business 18
Figure 7. Primary Drivers and Impact Factors of Asia Pacific 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 Asia Pacific Bioelectric Medicine Market 24
Figure 10. Investment Opportunity Analysis 28
Figure 11. Porter’s Fiver Forces Analysis of Asia Pacific Bioelectric Medicine Market 31
Figure 12. Breakdown of Asia Pacific Bioelectric Medicine Market by Product Type, 2019-2030, % of Sales Revenue 35
Figure 13. Asia Pacific Addressable Market Cap in 2020-2030 by Product Type, Value ($ mn) and Share (%) 36
Figure 14. Asia Pacific Bioelectric Medicine Market: Implantable Bioelectric Medicine, 2019-2030, $ mn 37
Figure 15. Asia Pacific Bioelectric Medicine Market: Cardiac Pacemaker, 2019-2030, $ mn 39
Figure 16. Asia Pacific Bioelectric Medicine Market: Implantable Cardioverter Defibrillators (ICD), 2019-2030, $ mn 40
Figure 17. Asia Pacific Bioelectric Medicine Market: Spinal Cord Stimulators, 2019-2030, $ mn 41
Figure 18. Asia Pacific Bioelectric Medicine Market: Cochlear Implants, 2019-2030, $ mn 42
Figure 19. Asia Pacific Bioelectric Medicine Market: Deep Brain Stimulators, 2019-2030, $ mn 43
Figure 20. Asia Pacific Bioelectric Medicine Market: Vagus Nerve Stimulators, 2019-2030, $ mn 44
Figure 21. Asia Pacific Bioelectric Medicine Market: Sacral Nerve Stimulators, 2019-2030, $ mn 45
Figure 22. Asia Pacific Bioelectric Medicine Market: Retinal Implants, 2019-2030, $ mn 46
Figure 23. Asia Pacific Bioelectric Medicine Market: Other Implantable Bioelectric Medicines, 2019-2030, $ mn 47
Figure 24. Asia Pacific Bioelectric Medicine Market: Non-invasive Bioelectric Medicine, 2019-2030, $ mn 48
Figure 25. Asia Pacific Bioelectric Medicine Market: Transcutaneous Electrical Nerve Stimulators, 2019-2030, $ mn 50
Figure 26. Asia Pacific Bioelectric Medicine Market: Transcranial Magnetic Stimulation (TMS), 2019-2030, $ mn 51
Figure 27. Asia Pacific Bioelectric Medicine Market: Pulsed Electromagnetic Field Therapy, 2019-2030, $ mn 52
Figure 28. Asia Pacific Bioelectric Medicine Market: Other Non-invasive Bioelectric Medicines, 2019-2030, $ mn 53
Figure 29. Breakdown of Asia Pacific Bioelectric Medicine Market by End User, 2019-2030, % of Sales Revenue 54
Figure 30. Asia Pacific Addressable Market Cap in 2020-2030 by End User, Value ($ mn) and Share (%) 55
Figure 31. Asia Pacific Bioelectric Medicine Market: Hospitals and Clinics, 2019-2030, $ mn 56
Figure 32. Asia Pacific Bioelectric Medicine Market: Research Institutes, 2019-2030, $ mn 57
Figure 33. Asia Pacific Bioelectric Medicine Market: Individual Users, 2019-2030, $ mn 58
Figure 34. Breakdown of APAC Bioelectric Medicine Market by Country, 2019 and 2030, % of Revenue 60
Figure 35. Contribution to APAC 2020-2030 Cumulative Revenue by Country, Value ($ mn) and Share (%) 61
Figure 36.  Bioelectric Medicine Market in Japan, 2019-2030, $ mn 63
Figure 37.  Bioelectric Medicine Market in China, 2019-2030, $ mn 65
Figure 38.  Bioelectric Medicine Market in Australia, 2019-2030, $ mn 68
Figure 39.  Bioelectric Medicine Market in India, 2019-2030, $ mn 70
Figure 40.  Bioelectric Medicine Market in South Korea, 2019-2030, $ mn 72
Figure 41.  Bioelectric Medicine Market in Rest of APAC, 2019-2030, $ mn 74
Figure 42. Growth Stage of Asia Pacific Bioelectric Medicine Industry over the Forecast Period 76

 

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