#Gastroparesis Treatment Market Report

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Delving into Gastroparesis Treatment Market Analysis

Market Overview –

The Gastroparesis Treatment Market is expected to reach USD 8.27 billion by 2032, growing at a 3.2% CAGR over the forecast period 2023-2032.

The Gastroparesis Treatment Market is witnessing steady growth globally, driven by the increasing prevalence of gastroparesis and advancements in treatment options. Gastroparesis is a condition characterized by delayed emptying of the stomach, leading to symptoms such as nausea, vomiting, and abdominal pain.

The Gastroparesis Treatment Market is witnessing steady growth due to rising cases of gastroparesis worldwide. Demand for gastroparesis medication is surging as patients seek effective remedies for symptom management. Key players are innovating to develop advanced therapies, catering to the unmet needs of patients with this debilitating condition.

Factors such as diabetes, post-surgical complications, and neurological disorders contribute to the rising incidence of gastroparesis. The market encompasses various treatment modalities, including medications, dietary changes, gastric electrical stimulation, and botulinum toxin injections, aimed at managing symptoms and improving gastric motility.

Additionally, ongoing research and development efforts focus on innovative therapies targeting the underlying causes of gastroparesis, such as dysfunction of the enteric nervous system or impaired gastric smooth muscle function. However, challenges such as limited treatment options for refractory cases and the need for long-term management strategies hinder market growth. Despite these challenges, the Gastroparesis Treatment Market presents opportunities for innovation and collaboration among healthcare professionals and pharmaceutical companies to develop more effective and personalized treatment approaches, ultimately improving patient outcomes and quality of life.

Segmentation –

Global Gastroparesis Treatment market has been segmented on the basis of Gastroparesis type which comprises idiopathic, diabetic, post-surgical and others. On the basis of drug class the market comprises of prokinetic drugs, antiemetics, antidepressants and others. On the basis of other treatment; market is segmented into jejunostomy, gastric electric stimulation (GES) and parenteral nutrition

Regional Analysis –

Regional analysis of the Gastroparesis Treatment market provides valuable insights into the distribution and trends of treatment options across different geographical areas. Understanding regional dynamics is crucial for stakeholders to tailor their strategies effectively.

Factors such as population demographics, healthcare infrastructure, and regulatory frameworks vary from one region to another, influencing the demand and adoption of Gastroparesis treatments. For instance, developed regions with advanced healthcare systems may have higher adoption rates of novel therapies due to better access and affordability. Conversely, developing regions might face challenges such as limited access to specialized treatments or lower awareness among healthcare professionals and patients.

By conducting a thorough regional analysis, stakeholders can identify lucrative markets, assess competitive landscapes, and pinpoint opportunities for expansion or market penetration. Moreover, analyzing regional variations in treatment preferences and patient outcomes can guide the development of targeted marketing campaigns and personalized healthcare solutions. Overall, a comprehensive regional analysis serves as a cornerstone for informed decision-making and strategic planning in the Gastroparesis Treatment market.

Key Players –

Global gastroparesis treatment Key players include Medtronic, Kimberly-Clark Corporation, Abbott Laboratories, Salix Pharmaceuticals, Inc., Boston Scientific Corporation, C. R. Bard, Inc., Janssen Global Services, LLC, Cardinal Health, Inc., Alfa Wassermann SPA, Evoke Pharma, and Rhythm Pharmaceuticals, Inc.

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A Market on the Move: Exploring Investment Opportunities in Global Gastric Electrical Stimulators Market

The global Gastric Electrical Stimulators market is set for significant growth, with an estimated valuation of USD 240.6 million in 2023. According to the latest industry projections, the market is poised to expand at a robust compound annual growth rate (CAGR) of 6.1% over the next decade, reaching approximately USD 433.8 million by 2033.

This promising growth is driven by the increasing prevalence of gastrointestinal disorders and the rising demand for innovative treatment options. Gastric electrical stimulators, recognized for their effectiveness in managing conditions like gastroparesis, offer a promising alternative to traditional treatments, improving patient outcomes and quality of life.

The need for less intrusive treatment options and the growing prevalence of gastrointestinal illnesses have resulted in a significant growth in the stomach electrical stimulator industry worldwide. Gastric electrical stimulators, which deliver electrical impulses to the gastrointestinal tract, provide comfort to patients with a range of gastrointestinal issues.

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Key Takeaway:

The global gastric electrical stimulator market is expected to reach US$433.8 million by 2033, growing at a CAGR of 6.1% from its 2023 valuation of US$240.6 million.

Advancements in high-frequency stimulators and their effectiveness in managing chronic conditions like gastroparesis are key growth drivers.

The Dynamic Landscape:

Manufacturers are adopting various marketing strategies such as new product launches, geographical expansion, mergers and acquisitions, partnerships, and collaboration to identify the interests of potential buyers and create a larger customer base. For instance,

IntraPace Inc. was established in 2001 to address an unmet need in weight loss surgery by continuing to develop a gentler solution. The company is focusing on gastric pacing devices that use electrical stimulation to influence gut contractions.

Key Developments

Medtronic teamed up with Google, a leader in artificial intelligence, to use AI to improve gastric electrical stimulators. This partnership aims to create a cutting-edge stimulator that can adjust to the needs of each patient, potentially revolutionizing the effectiveness and personalization of treatment.

The INSPIRIS Control wireless stomach electrical stimulator, introduced by IntraPace in 2021, represented a significant advance in patient-centered technology. This wireless technology offers a more practical and patient-friendly alternative by not requiring invasive surgery for installation or removal, potentially changing the face of stomach electrical stimulation therapy.

Key Companies Profiled:

Medtronic Plc.

IntraPace Inc.

ReShape Lifesciences Inc.

Changzhou Ruishen Medical Equipment Co. Ltd.

Chentao Medical Equipment

Rishena Co. Ltd.

Enterra TM

Key Segments of Gastric Electrical Stimulators Industry Survey:

By Type:

High Frequency

Low Frequency

By Application:

Gastroparesis

Obesity

By End User:

Hospitals

Ambulatory Surgical Centers

Other End Users

By Region:

North America

Latin America

Europe

Asia Pacific

The Middle East & Africa

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it contains a thorough analysis of the important strategies undertaken by the leading market players to drive their business growth in the global Gastroparesis Treatment Products market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.

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Diabetic Gastroparesis Treatment Market Research Report 2021 - Industry Size, Share, Demands, Regional Analysis & Estimations Till 2027

The Diabetic Gastroparesis Treatment Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. The Diabetic Gastroparesis Treatment industry growth avenues are deeply supported by exhaustive research by the top analysts of the industry. The report starts with the executive summary, followed by a value chain and marketing channels study. The report then estimates the CAGR and market revenue of the Global and regional segments.

Base Year: 2020

Estimated Year: 2021

Forecast Till: 2027

The report classifies the market into different segments based on type and product. These segments are studied in detail, incorporating the market estimates and forecasts at regional and country levels. The segment analysis is helpful in understanding the growth areas and potential opportunities of the market.

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A special section is dedicated to the analysis of the impact of the COVID-19 pandemic on the growth of the Diabetic Gastroparesis Treatment market.  The impact is closely studied in terms of production, import, export, and supply.

The report covers the complete competitive landscape of the Worldwide Diabetic Gastroparesis Treatment market with company profiles of key players such as:

Salix Pharmaceuticals, Inc.

Abbott Laboratories

Medtronic

C. R. Bard, Inc.

Halyard Health Inc.

Boston Scientific Corporation

Cardinal Health, Inc.

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Diabetic Gastroparesis Treatment Market Analysis by Product Type:

Drugs

Gastroprokinetic Agents

Antiemetic Agents

Botulinum Toxin

Surgical Treatment Products

Gastric Electrical Stimulation Devices

Percutaneous Endoscopic Gastroscopic Kit

Parenteral Nutrition

Diabetic Gastroparesis Treatment Market Analysis by Disease Indication:

Compensated Gastroparesis

Gastric Failure

Diabetic Gastroparesis Treatment Market Analysis by Distribution Channel:

Hospital Pharmacies

Private Clinics

Drug Stores

Retail Pharmacies

Diabetic Gastroparesis Treatment Market Analysis by Geography:

North America (USA, Canada, and Mexico)

Europe (Germany, UK, France, Italy, Russia, Spain, Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, Australia, South-East Asia, Rest of Asia-Pacific)

Latin America (Brazil, Argentina, Peru, Chile, Rest of Latin America)

The Middle East and Africa (Saudi Arabia, UAE, Israel, South Africa, Rest of the Middle East and Africa)

Key questions answered in the report:

 What is the expected growth of the Diabetic Gastroparesis Treatment market between 2022 to 2027?

Which application and type segment holds the maximum share in the Global Diabetic Gastroparesis Treatment market?

Which regional Diabetic Gastroparesis Treatment market shows the highest growth CAGR between 2022 to 2027?

What are the opportunities and challenges currently faced by the Diabetic Gastroparesis Treatment market?

Who are the leading market players and what are their Strengths, Weakness, Opportunities, and Threats (SWOT)?

What business strategies are the competitors considering to stay in the Diabetic Gastroparesis Treatment market?

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Diabetic gastroparesis is delayed gastric emptying relatedto diabetes. The condition occurs in patients suffering from both type-1 and type-2 diabetes and is common in female patients suffering from type-2 diabetes. Get More Info Visit Us: https://www.maximizemarketresearch.com/market-report/global-diabetic-gastroparesis-treatment-market/79818/

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Neurostimulation Market 2021 to Expand at a CAGR of 12.63% by 2028

Global neurostimulation market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account USD 1,257.93 million by 2028 growing at a CAGR of 12.63% in the above-mentioned forecast period. The electromagnetic approach to neuromodulation is neurostimulation. Neurostimulation is the purposeful modulation of the nervous system's activity using invasive or invasive means. The demands for cost-effective and safer treatments are high and the increasing prevalence of diseases that are treated with neurostimulation therapy is the major growth factor of this market.

Segmentation: Global Neurostimulation Market

·         By Product (Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, Gastric Electric Stimulators, Others)

·         By Application (Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression, Dystonia, Gastroparesis, Parkinson's Disease, Others)

·         By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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Key Market Competitors:

Few of the major market competitors currently working in the global neurostimulation market are Medtronic, Abbott, Boston Scientific Corporation, LivaNova PLC, Nevro Corp., Neuronetics, LABORIE, Johnson & Johnson Services, Inc., NeuroPace, Inc., NeuroSigma, Inc., NDI, IntraPace, Inc., BioControl Medical, Synapse Biomedical Inc., Biegler GmbH, Stimwave LLC, Modulus, Inc., Integer Holdings Corporation among others.

Competitive Analysis: Global Neurostimulation Market

Global neurostimulation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of neurostimulation market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

·         Surging demands of cost-effective and safer treatment options are driving the market growth

·         Rising prevalence of diseases which are treated with neurostimulation therapy is the major growth factor

·         FDA allowance for clinical trials in this area is helping the growth of the market

·         R&D is revealing more potential uses of the treatment is driving the market growth

Market Restraints

·         Non-measurable outcomes hinders the market growth

·         Inefficient skilled personnel will act as a market restraint

Reasons to Purchase this Report

·         Current and future of global neurostimulation market outlook in the developed and emerging markets

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

Speak to Author @ https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-neurostimulation-market

Customization of the Report:

·         All segmentation provided above in this report is represented at country level

·         All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Optogenetics Actuators and Sensors Market

Orthopedic Braces Market

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Neurostimulation Market Will Reach at a Highest CAGR of 12.63% by 2028

Global neurostimulation market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account USD 1,257.93 million by 2028 growing at a CAGR of 12.63% in the above-mentioned forecast period. The electromagnetic approach to neuromodulation is neurostimulation. Neurostimulation is the purposeful modulation of the nervous system's activity using invasive or invasive means. The demands for cost-effective and safer treatments are high and the increasing prevalence of diseases that are treated with neurostimulation therapy is the major growth factor of this market.

Segmentation: Global Neurostimulation Market

·         By Product (Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, Gastric Electric Stimulators, Others)

·         By Application (Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression, Dystonia, Gastroparesis, Parkinson's Disease, Others)

·         By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Download PDF Sample report @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-neurostimulation-market

Key Market Competitors:

Few of the major market competitors currently working in the global neurostimulation market are Medtronic, Abbott, Boston Scientific Corporation, LivaNova PLC, Nevro Corp., Neuronetics, LABORIE, Johnson & Johnson Services, Inc., NeuroPace, Inc., NeuroSigma, Inc., NDI, IntraPace, Inc., BioControl Medical, Synapse Biomedical Inc., Biegler GmbH, Stimwave LLC, Modulus, Inc., Integer Holdings Corporation among others.

Competitive Analysis: Global Neurostimulation Market

Global neurostimulation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of neurostimulation market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

·         Surging demands of cost-effective and safer treatment options are driving the market growth

·         Rising prevalence of diseases which are treated with neurostimulation therapy is the major growth factor

·         FDA allowance for clinical trials in this area is helping the growth of the market

·         R&D is revealing more potential uses of the treatment is driving the market growth

Market Restraints

·         Non-measurable outcomes hinders the market growth

·         Inefficient skilled personnel will act as a market restraint

Reasons to Purchase this Report

·         Current and future of global neurostimulation market outlook in the developed and emerging markets

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

Speak to Author @ https://www.databridgemarketresearch.com/speak-to-analyst/?dbmr=global-neurostimulation-market

Customization of the Report:

·         All segmentation provided above in this report is represented at country level

·         All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

About Us:

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge Market Research provides appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research

US: +1 888 387 2818   

Related Reports:

Optogenetics Actuators and Sensors Market

Orthopedic Braces Market

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Diabetic Gastroparesis Treatment Market Revenue, Major Players, Consumer Trends, Analysis & Forecast Till 2030

The Global Diabetic Gastroparesis Treatment Market over USD 4 billion in 2030 and is to grow with a CAGR over 3.8% from 2020-2030. Diabetic gastroparesis is postponed gastric discharging related with diabetes. The condition happens in patients experiencing both Type 1& 2 diabetes and is increasingly normal in female patients experiencing type-2 diabetes. The condition includes postponed purging of the stomach prompting a progression of side effects, for example, vomiting, nausea, abdominal bloating, weight loss, abdominal pain, spasms of the stomach wall, heartburn and gastroesophageal reflux.

Market Dynamics and Factors:

Major growth factors, for instance rising commonness of diabetic gastroparesis with high neglected clinical needs and accessibility of in-patient hospital stays reimbursements in developing nations should accelerate global diabetic gastroparesis treatment market over the forecasted time period. Expanding utilization of diabetic gastroparesis medications to control manifestations, for example, vomiting  and nausea is foreseen to boost development of the global diabetic gastroparesis treatment market  over the time period. Likewise, expanding affrodability among individuals and ease of medicines accessibitlty are additionally expected to help diabetic gastroparesis treatment demand growth. However, utilization of non-doctor prescribed medications to control symptoms leads to restricting diagnosis of stage 1 & 2 gastroparesis. Absence of clinical proof on progress offered by physician endorsed medications and end of clinical preliminaries are factors expected to hamper global diabetic gastroparesis treatment market growth.

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Market Segmentation:

Based on the type of disease, the diabetic gastroparesis treatment industry is segmented into Drugs (Antiemetic Agents, Gastroprokinetic Agents & Botulinum Toxin) and Surgical Treatment Products (Percutaneous Endoscopic Gastrostomy (PEG) Kit, Gastric Electrical Stimulation (GES) Device & Parenteral Nutrition). On the basis of indication, the diabetic gastroparesis treatment market trends varies into gastric failure and compensated gastroparesis. On the basis of retail channel, the market is segmented into the retail pharmacies, online pharmacies and hospital pharmacies. Geographical breakdown and analysis of each of the aforementioned segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

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Geographic Analysis:

North America holds dominant market share during the forecasted time period, driven by ascend in medicinal services consumption, expanding interest for metoclopramide specialists in the administration of diabetic gastroparesis illness, expanding research on antibodies and other creative prokinetics medicate conveyance designs, and advancement in technologies. Asia Pacific also holds a significant share in global diabetic gastroparesis treatment market owing to rising prevalence of diabetes among population in the region.

Competitive Scenario:

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Global diabetic gastroparesis treatment market, is highly competitive, consists of a few major players. In accordance to diabetic gastroparesis treatment market share, few of the key players majorly dominate market. Key companies are also expanding their manufacturing facilities to cater to growing demand for this drug globally. Key players enhancing the global diabetic gastroparesis treatment market size include Cardinal Health, Inc. Janssen Global Services, LLC, Evoke Pharma, Inc. Alfa Wassermann SPA, Salix Pharmaceuticals, Inc., C. R. Bard, Inc. Rhythm Pharmaceuticals, Inc. Kimberly-Clark Corporation, Boston Scientific Corporation, Allergan, plc and Vanda Pharmaceuticals, Inc.

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Diabetic Gastroparesis Treatment Market Size Worth $4 Billion By 2028 | CAGR: 3.8% |

Market Overview:

The Global Diabetic Gastroparesis Treatment Market over USD 4 billion in 2030 and is to grow with a CAGR over 3.8% from 2020-2030. Diabetic gastroparesis is postponed gastric discharging related with diabetes. The condition happens in patients experiencing both Type 1& 2 diabetes and is increasingly normal in female patients experiencing type-2 diabetes. The condition includes postponed purging of the stomach prompting a progression of side effects, for example, vomiting, nausea, abdominal bloating, weight loss, abdominal pain, spasms of the stomach wall, heartburn and gastroesophageal reflux.

Market Dynamics and Factors:

Major growth factors, for instance rising commonness of diabetic gastroparesis with high neglected clinical needs and accessibility of in-patient hospital stays reimbursements in developing nations should accelerate global diabetic gastroparesis treatment market over the forecasted time period. Expanding utilization of diabetic gastroparesis medications to control manifestations, for example, vomiting  and nausea is foreseen to boost development of the global diabetic gastroparesis treatment market  over the time period. Likewise, expanding affrodability among individuals and ease of medicines accessibitlty are additionally expected to help diabetic gastroparesis treatment demand growth. However, utilization of non-doctor prescribed medications to control symptoms leads to restricting diagnosis of stage 1 & 2 gastroparesis. Absence of clinical proof on progress offered by physician endorsed medications and end of clinical preliminaries are factors expected to hamper global diabetic gastroparesis treatment market growth.

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Market Segmentation:

Based on the type of disease, the diabetic gastroparesis treatment industry is segmented into Drugs (Antiemetic Agents, Gastroprokinetic Agents & Botulinum Toxin) and Surgical Treatment Products (Percutaneous Endoscopic Gastrostomy (PEG) Kit, Gastric Electrical Stimulation (GES) Device & Parenteral Nutrition). On the basis of indication, the diabetic gastroparesis treatment market trends varies into gastric failure and compensated gastroparesis. On the basis of retail channel, the market is segmented into the retail pharmacies, online pharmacies and hospital pharmacies. Geographical breakdown and analysis of each of the aforementioned segments includes regions comprising North America, Europe, Asia-Pacific, and RoW.

Geographic Analysis:

North America holds dominant market share during the forecasted time period, driven by ascend in medicinal services consumption, expanding interest for metoclopramide specialists in the administration of diabetic gastroparesis illness, expanding research on antibodies and other creative prokinetics medicate conveyance designs, and advancement in technologies. Asia Pacific also holds a significant share in global diabetic gastroparesis treatment market owing to rising prevalence of diabetes among population in the region.

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Competitive Scenario:

Global diabetic gastroparesis treatment market, is highly competitive, consists of a few major players. In accordance to diabetic gastroparesis treatment market share, few of the key players majorly dominate market. Key companies are also expanding their manufacturing facilities to cater to growing demand for this drug globally. Key players enhancing the global diabetic gastroparesis treatment market size include Cardinal Health, Inc. Janssen Global Services, LLC, Evoke Pharma, Inc. Alfa Wassermann SPA, Salix Pharmaceuticals, Inc., C. R. Bard, Inc. Rhythm Pharmaceuticals, Inc. Kimberly-Clark Corporation, Boston Scientific Corporation, Allergan, plc and Vanda Pharmaceuticals, Inc.

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Gastric Electric Stimulators Market Opportunity Assessment, Growth Status, Global Industry Research 2026

The worldwide uptake of gastric electric stimulators is anticipated to witness hefty demand in 2019, representing a rigorous 6.6% y-o-y growth, while reaching a valuation of approx. US$ 188.4 Mn in 2026. As per Future Market Insights (FMI) report on gastric electric stimulators market for the forecast period 2018–2026, gastric electric stimulators’ demand is anticipated to be accelerated by a host of pacesetters.

The FMI report on gastric electric stimulators market opines those sales of gastric electric stimulators are likely to witness sheer proliferation in coming time, on the back of burgeoning minimally invasive procedures, surging reported cases of gastroparesis, and encouraging reimbursement schemes. Growing pervasiveness of gastroparesis has been identified as the primary demand generating factor making gastric electric stimulators highly preferred treatment substitute for such arduous diseases.

Key Point Deeply Analysed by Gastric Electric Stimulators Market Report:

North America, Europe, Asia Pacific, Middle East and Africa, Latin America Gastric Electric Stimulators market size including (sales, revenue and growth rate of industry).

Global major manufacturers’ operating situation (sales, revenue, growth rate and gross margin) of Gastric Electric Stimulators industry.

Different types and applications of Gastric Electric Stimulators industry, market share of each type and application by revenue.

Global market size (sales, revenue) forecast by regions and countries from 2020 to 2030 of Gastric Electric Stimulators Market.

Upstream raw materials and manufacturing equipment, industry chain analysis of Gastric Electric Stimulators industry.

SWOT analysis of Gastric Electric Stimulators Market.

New Project Investment Feasibility Analysis of Gastric Electric Stimulators Market Forecast.

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“Enterra system, a critical medical device which is highly used to treat Gastroparesis has received FDA approval as a humanitarian use device, on the back of its potential to treat or diagnose a disease or condition affecting approx. 4000 individuals annually in the United States. Though conditionally, the American College of Gastroenterology (ACG) also recommends adoption of gastric electric stimulators for individuals with chronic, stubborn nausea and vomiting caused by Gastroparesis. The gastric electric stimulators, like Enterra, is a battery-based gastric neurostimulator, which is usually rooted under the skin in lower abdomen part of the body”, Senior Analyst, FMI.

As per the FMI report on gastric electric stimulators market, considering the rareness of Gastroparesis in tandem with the widespread occurrence of gastric-related issues, investments in R&D and clinical studies have considerably increased in the recent past. Moreover, the growing adoption of gastric electric stimulators as an effective substitute to gastrectomy in patients with end-stage gastric dysfunction, is projected to accelerate the demand for gastric electric stimulators considerably by the end of 2026.

High-Frequency Product Type Gaining Colossal Traction

According to the FMI report, high-frequency variant of gastric electric stimulators is witnessing mammoth traction as being one of the most compelling product type, in comparison to the low-frequency variant of gastric electric stimulators. The FMI gastric electric stimulators market report opines that high-frequency variant of gastric electric stimulators aren’t just minimally invasive and extremely patient-friendly in terms of insertion, but also encompass comparatively longer battery life than the low-frequency variant of gastric electric stimulators. Additionally, as per FMI analysis, with over 75% gastric stimulators market share, high-frequency variant of gastric electric stimulators is likely to ameliorate the Gastroparetic treatment landscape.

Though, gastric electrical stimulation makes the most viable treatment option for chronic drug-refractory nausea and vomiting peripheral to Gastroparesis of idiopathic or diabetic etiology, Enterra Therapy associated risks remain exceptionally high, thereby hampering the adoption of gastric electric stimulators.

North America Gastric Electric Stimulators Market Remains Lucrative

FMI gastric electric stimulators report opines that North America is likely to retain its dominance in the gastric electric stimulators market between 2018 and 2026. According to the FMI report on gastric electric stimulators market, growing investments in medical studies and R&D activities, continuing technical advancements and innovations, coupled with the presence of several leading market players, are other key factors paving way for lucrative opportunities in across North America gastric electric stimulators market.

According to gastric electric stimulators market report, the worldwide gastric electric stimulators market will continue to remain highly consolidated with market Mughals contributing approx. 50% revenue share to global gastric electric stimulators market, owing to their superior product offering and extensive demographic presence. Further, to capitalize on the growing demand for gastric electric stimulators, leading market players are poised to indulge into collaborations and acquisitions of local players, to reinforce their market presence.

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Reasons to Buy the report

We provide authentic and detailed an analysis on various market trends to enable businesses to make informed and beneficial decisions to attain competitive edge over key players.

Our analysts provide detailed market segmentation along with meaningful insights and extensive reports that other companies fail to include.

The report includes accurate analysis of the market and the current developing trends affecting the growth. FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. This ensures that the data collected is from highly reliable sources.

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About FMI

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI's latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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Global Neurostimulation Devices Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2021-2027

Neurostimulation is a therapeutic activation of part of the nervous system using microelectrodes. The electrodes are used to interface with excitable tissue in order to either restore sensation, such as a cochlear implant for hearing, or control anorgan, such as a heart pacemaker.

Neurostimulation technology improves the life quality of those who are severely paralyzed or suffering from profound losses to various sense organs. It serves as the key part of neural prosthetics for hearing aids, artificial vision, artificial limbs, and brain-machine interfaces. In the case of neural stimulation, mostly an electrical stimulation is utilized and charge-balanced biphasic constant current waveforms of capacitive coupled charge injection approaches are adopted. Alternatively, the transcranial magnetic stimulation has been proposed as a non-invasive method in which a magnetic field causes neurostimulation.

Neurostimulation devices are implantable devices that help in the therapeutic activation of the nervous systems. These devices deliver electrical stimulation to the brain and nervous systems for the treatment of various types of neurological disorders such as pain, epilepsy, Parkinson's disease, depression, obsessive-compulsive disorder, dystonia, and tremors. These devices target specific areas of the brain or spinal cord by blocking the pain messages before they reach the brain.

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Global Neurostimulation Devices key players include Medtronic, Boston Scientific, St. Jude Medical (Abbott), etc. Global top three manufacturers hold a share over 75%.

North America is the largest market, with a share over 40%, followed by China, and Europe, both have a share about 40 percent.

In terms of product, Spinal Cord Stimulation (SCS) is the largest segment, with a share over 55%. And in terms of application, the largest application is Pain Management, followed by Parkinson?s Disease, Epilepsy, Urinary and Fecal Incontinence, etc.

Market Analysis and Insights: Global Neurostimulation Devices Market

In 2020, the global Neurostimulation Devices market size was US$ 5981 million and it is expected to reach US$ 12620 million by the end of 2027, with a CAGR of 11.3% during 2021-2027.

Global Neurostimulation Devices Scope and Market Size

Neurostimulation Devices market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Neurostimulation Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Neurostimulation Devices market is segmented into

Spinal Cord Stimulation (SCS)

Gastric Electric Stimulation (GES)

Deep Brain Stimulation (DBS)

Sacral Nerve Stimulation (SNS)

Vagus Nerve Stimulation (VNS)

Other

Segment by Application, the Neurostimulation Devices market is segmented into

Pain Management

Parkinson?s Disease

Urinary and Fecal Incontinence

Epilepsy

Gastroparesis

Other

Regional and Country-level Analysis:

North America

United States

Canada

Asia-Pacific

China

Japan

South Korea

India

Southeast Asia

Australia

Rest of Asia-Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Competitive Landscape and Neurostimulation Devices Market Share Analysis

Neurostimulation Devices market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Neurostimulation Devices product introduction, recent developments, Neurostimulation Devices sales by region, type, application and by sales channel.

The major companies include:

Medtronic

Boston Scientific

Abbott

LivaNova

Nevro

NeuroPace

Beijing Pins

Synapse Biomedical

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Table of content

1 Study Coverage 1.1 Neurostimulation Devices Product Introduction 1.2 Market by Type 1.2.1 Global Neurostimulation Devices Market Size Growth Rate by Type 1.2.2 Spinal Cord Stimulation (SCS) 1.2.3 Gastric Electric Stimulation (GES) 1.2.4 Deep Brain Stimulation (DBS) 1.2.5 Sacral Nerve Stimulation (SNS) 1.2.6 Vagus Nerve Stimulation (VNS) 1.2.7 Other 1.3 Market by Application 1.3.1 Global Neurostimulation Devices Market Size Growth Rate by Application 1.3.2 Pain Management 1.3.3 Parkinson?s Disease 1.3.4 Urinary and Fecal Incontinence 1.3.5 Epilepsy 1.3.6 Gastroparesis 1.3.7 Other 1.4 Study Objectives 1.5 Years Considered 2 Executive Summary 2.1 Global Neurostimulation Devices Market Size Estimates and Forecasts 2.1.1 Global Neurostimulation Devices Revenue 2016-2027 2.1.2 Global Neurostimulation Devices Sales 2016-2027 2.2 Neurostimulation Devices Market Size by Region: 2021 Versus 2027 2.3 Neurostimulation Devices Sales by Region (2016-2027) 2.3.1 Global Neurostimulation Devices Sales by Region: 2016-2021 2.3.2 Global Neurostimulation Devices Sales Forecast by Region (2022-2027) 2.3.3 Global Neurostimulation Devices Sales Market Share by Region (2016-2027) 2.4 Neurostimulation Devices Market Estimates and Projections by Region (2022-2027) 2.4.1 Globa

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Neurostimulation Market Size, Business Revenue Forecast, Leading Competitors and Growth Trends 2026

Global neurostimulation market is registering a healthy CAGR of 12.90% in the forecast period of 2020-2026.The electromagnetic approach to neuromodulation is neurostimulation. Neurostimulation is the purposeful modulation of the nervous system's activity using invasive or invasive means. The demands for cost-effective and safer treatments are high and the increasing prevalence of diseases that are treated with neurostimulation therapy is the major growth factor of this market.

Segmentation: Global Neurostimulation Market

·         By Product (Spinal Cord Stimulators, Deep Brain Stimulators, Sacral Nerve Stimulators, Vagus Nerve Stimulators, Gastric Electric Stimulators, Others)

·         By Application (Pain Management, Epilepsy, Essential Tremor, Urinary and Fecal Incontinence, Depression, Dystonia, Gastroparesis, Parkinson's Disease, Others)

·         By Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa)

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Key Market Competitors:

Few of the major market competitors currently working in the global neurostimulation market are Medtronic, Abbott, Boston Scientific Corporation, LivaNova PLC, Nevro Corp., Neuronetics, LABORIE, Johnson & Johnson Services, Inc., NeuroPace, Inc., NeuroSigma, Inc., NDI, IntraPace, Inc., BioControl Medical, Synapse Biomedical Inc., Biegler GmbH, Stimwave LLC, Modulus, Inc., Integer Holdings Corporation among others.

Competitive Analysis: Global Neurostimulation Market

Global neurostimulation market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of neurostimulation market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Market Drivers

·         Surging demands of cost-effective and safer treatment options are driving the market growth

·         Rising prevalence of diseases which are treated with neurostimulation therapy is the major growth factor

·         FDA allowance for clinical trials in this area is helping the growth of the market

·         R&D is revealing more potential uses of the treatment is driving the market growth

Market Restraints

·         Non-measurable outcomes hinders the market growth

·         Inefficient skilled personnel will act as a market restraint

Reasons to Purchase this Report

·         Current and future of global neurostimulation market outlook in the developed and emerging markets

·         The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period

·         Regions/Countries that are expected to witness the fastest growth rates during the forecast period

·         The latest developments, market shares, and strategies that are employed by the major market players

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Customization of the Report:

·         All segmentation provided above in this report is represented at country level

·         All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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