Gastric Electrical Stimulators Market - Global Industry Analysis

Gastric Electrical Stimulators Market: by Material (Low Frequency Gastric Electrical Stimulators, and High Frequency Gastric Electrical Stimulators), and by End User (Hospitals, Ambulatory Surgical Centers (ASC’s), Clinics, and Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2025

Published Date: 07-Nov-2019 Category: Healthcare Report Format : PDF Pages: 110 Report Code: ZMR-4992 Status : Published

According to the report, the global demand for the gastric electrical stimulators market was valued at approximately USD 140.3 million in 2018 and is expected to generate revenue of around USD 220.2 million by end of 2025, growing at a CAGR of around 6.7% between 2019 and 2025.

Description

Gastric Electrical Stimulators Market: Industry Perspective

The report covers forecasts and analyses for the global gastric electrical stimulators market. The study provides historic data from 2016 to 2018 along with forecasts from 2019 to 2025 based on revenue (USD Million). In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Macro-economic indicators such as healthcare industry outlook, healthcare spending, research funding, GDP along with company websites, company annual reports, white papers, financial reports, and other sources have also been considered to arrive at the indicated market numbers.

Gastric electrical stimulators are small battery operated neurostimulators that are implanted beneath the skin in the lower abdomen area to treat gastroparesis. It consists of insulated wires that are implanted in the muscle wall of the stomach and then connected to the neurostimulator which delivers mild electric pulses that stimulate the lower stomach and control symptoms like vomiting and chronic nausea in patients aged from 18 to 70 years. Currently, there is only one type of therapy approved by the U.S. FDA in the market for the treatment of gastroparesis known as the Enterra therapy system which is based on the humanitarian device exemption.

Global Gastric Electrical Stimulators Market

The study provides a decisive view of the gastric electrical stimulators market by segmenting the market based on product, end user, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. Based on the product the market is bifurcated into low frequency gastric electrical stimulators and high frequency gastric electrical stimulators. The low-frequency gastric electrical stimulators segment held the major share of the market.

On the basis of end users, the market is divided into clinics, ambulatory surgical centers, hospitals, and others. The hospital's segment held the major share of the market and is likely to grow at a high CAGR in the forecast period since these devices at the time require longer hospital stays. Regional segmentation includes the current and forecast demand for the Asia Pacific, North America, Latin America, Europe, and Middle East & Africa with its further bifurcation into major countries. North America held the major share of the market in 2018 owing to a large number of gastrointestinal procedures being carried out in this region along with a high prevalence rate of gastroparesis and favorable reimbursement scenario, especially in the U.S.

The study also includes drivers and restraints for gastric electrical stimulators along with the impact they have on the demand over the forecast period. Besides, the report includes the study of opportunities and trends available in the gastric electrical stimulators market on a global level. The growing prevalence of gastroparesis is one of the major factors driving the market growth of gastric electrical stimulators market globally. Besides, favorable reimbursement policies and support from regulatory bodies to manage this rare condition are other factors driving the market growth.

The report also provides a company market share analysis in order to give a broader view of the key players in the market. Industry insights and information is delivered in the required format. ZMR develops a list of industry players (manufacturers), distributors, retailers, and industry experts. Currently, Medtronic Plc is the company offering gastric electrical stimulators in the market.

The report segments the gastric electrical stimulators market as follows:

Global Gastric Electrical Stimulators Market: Product Segment Analysis

  • Low Frequency Gastric Electrical Stimulators
  • High Frequency Gastric Electrical Stimulators

Global Gastric Electrical Stimulators Market: End User Segment Analysis

  • Hospitals
  • Ambulatory Surgical Centers (ASC’s)
  • Clinics
  • Others

Global Gastric Electrical Stimulators Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Gastric Electrical Stimulators Market, 2016-2025 (USD Million)
    • 2.2. Gastric Electrical Stimulators Market: Snapshot
  • Chapter 3. Gastric Electrical Stimulators Market - Industry Analysis
    • 3.1. Gastric Electrical Stimulators Market: Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Driver 1
      • 3.2.2. Driver 2
    • 3.3. Restraints
      • 3.3.1. Restraint 1
      • 3.3.2. Restraint 2
    • 3.4. Opportunity
      • 3.4.1. Government funding and support
    • 3.5. Porter's Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis By Product
      • 3.6.2. Market attractiveness analysis By End User
      • 3.6.3. Market attractiveness analysis by Region
  • Chapter 4. Gastric Electrical Stimulators Market- Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Gastric Electrical Stimulators Market: company market share, 2018
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, collaborations and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Gastric Electrical Stimulators Market - By Product Analysis
    • 5.1. Global Gastric Electrical Stimulators Market overview: By Product
      • 5.1.1. Global Gastric Electrical Stimulators Marketshare, By Product,2018 and 2025
    • 5.2. Low Frequency Gastric Electrical Stimulators
      • 5.2.1. Global Gastric Electrical Stimulators Market by Low Frequency Gastric Electrical Stimulators, 2016-2025 (USD Million)
    • 5.3. High Frequency Gastric Electrical Stimulators
      • 5.3.1. Global Gastric Electrical Stimulators Market by High Frequency Gastric Electrical Stimulators, 2016-2025 (USD Million)
  • Chapter 6. Global Gastric Electrical Stimulators Market -End User Analysis
    • 6.1. Global Gastric Electrical Stimulators Market overview: By End User
      • 6.1.1. Global Gastric Electrical Stimulators Market share, By End User, 2018 and 2025
    • 6.2. Hospitals
      • 6.2.1. Global Gastric Electrical Stimulators Market By Hospitals, 2016-2025 (USD Million)
    • 6.3. Ambulatory Surgical Centers (ASC's)
      • 6.3.1. Global Gastric Electrical Stimulators MarketBy Ambulatory Surgical Centers (ASC's), 2016-2025 (USD Million)
    • 6.4. Clinics
      • 6.4.1. Global Gastric Electrical Stimulators Market By Clinics, 2016-2025 (USD Million)
    • 6.5. Others
      • 6.5.1. Global Gastric Electrical Stimulators Marketby Other End Users, 2016-2025 (USD Million)
  • Chapter 7. Global Gastric Electrical Stimulators Market - Regional Analysis
    • 7.1. Global Gastric Electrical Stimulators Market overview: by Region
      • 7.1.1. Global Gastric Electrical Stimulators Marketshare, by Region, 2018 and 2025
    • 7.2. North America
      • 7.2.1. North America Gastric Electrical Stimulators Market, 2016-2025 (USD Million)
      • 7.2.2. North America Gastric Electrical Stimulators Market revenue, By Product,2016-2025 (USD Million)
      • 7.2.3. North America Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
      • 7.2.4. The U.S.
        • 7.2.4.1. The U.S.Gastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
        • 7.2.4.2. The U.S.Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
      • 7.2.5. Rest of North America
        • 7.2.5.1. Rest of North America Gastric Electrical Stimulators Market revenue, By Product,2016-2025 (USD Million)
        • 7.2.5.2. Rest of North America Gastric Electrical Stimulators Marketrevenue, By End User, 2016-2025 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Gastric Electrical Stimulators Market, 2016-2025 (USD Million)
      • 7.3.2. Europe Gastric Electrical Stimulators Market revenue, By Product,2016-2025 (USD Million)
      • 7.3.3. Europe Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
      • 7.3.4. UK
        • 7.3.4.1. U.K.Gastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
        • 7.3.4.2. U.K.Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France Gastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
        • 7.3.5.2. France Gastric Electrical Stimulators Marketrevenue, By End User, 2016-2025 (USD Million)
      • 7.3.6. Germany
        • 7.3.6.1. Germany Gastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
        • 7.3.6.2. Germany Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
      • 7.3.7. Rest of Europe
        • 7.3.7.1. Rest of EuropeGastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
        • 7.3.7.2. Rest of EuropeGastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Gastric Electrical Stimulators Market, 2016-2025 (USD Million)
      • 7.4.2. Asia Pacific Gastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
      • 7.4.3. Asia Pacific Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
      • 7.4.4. China
        • 7.4.4.1. China Gastric Electrical Stimulators Market revenue, By Product,2016-2025 (USD Million)
        • 7.4.4.2. China Gastric Electrical Stimulators Marketrevenue, By End User, 2016-2025 (USD Million)
      • 7.4.5. Japan
        • 7.4.5.1. Japan Gastric Electrical Stimulators Market revenue, By Product,2016-2025 (USD Million)
        • 7.4.5.2. Japan Gastric Electrical Stimulators Marketrevenue, By End User, 2016-2025 (USD Million)
      • 7.4.6. India
        • 7.4.6.1. India Gastric Electrical Stimulators Market revenue, By Product,2016-2025 (USD Million)
        • 7.4.6.2. India Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
      • 7.4.7. Rest of Asia Pacific
        • 7.4.7.1. Rest of Asia Pacific Gastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
        • 7.4.7.2. Rest of Asia Pacific Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Gastric Electrical Stimulators Market, 2016-2025 (USD Million)
      • 7.5.2. Latin America Gastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
      • 7.5.3. Latin America Gastric Electrical Stimulators Marketrevenue, By End User, 2016-2025 (USD Million)
      • 7.5.4. Brazil
        • 7.5.4.1. Brazil Gastric Electrical Stimulators Marketrevenue, By Product,2016-2025 (USD Million)
        • 7.5.4.2. Brazil Gastric Electrical Stimulators Marketrevenue, By End User, 2016-2025 (USD Million)
      • 7.5.5. Rest of LatinAmerica
        • 7.5.5.1. Rest of LatinAmerica Gastric Electrical Stimulators Market revenue, By Product,2016-2025 (USD Million)
        • 7.5.5.2. Rest of LatinAmerica Gastric Electrical Stimulators Market revenue, By End User, 2016-2025 (USD Million)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa Gastric Electrical Stimulators Market, 2016-2025 (USD Million)
      • 7.6.2. The Middle East and Africa Gastric Electrical Stimulators Market revenue, By Product,2016-2025 (USD Million)
      • 7.6.3. The Middle East and Africa Gastric Electrical Stimulators Marketrevenue, By End User, 2016-2025 (USD Million)
  • Chapter 8. Company Profiles
    • 8.1. Medtronic Plc
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments

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