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According to a new market research report "Electroceuticals/Bioelectric Medicine Market by Product (Pacemakers, Cochlear Implants, Spinal Cord Stimulators), by Type of Device (Implantable, Non-Invasive), by Application (Arrhythmia, Depression, Migraine), by End User (Hospitals) - Forecast to 2021", published by MarketsandMarkets, This report studies the global market for the forecast period of 2016 to 2021. This market is expected to reach USD 25.20 Billion by 2021 from USD 17.20 Billion in 2016, at a CAGR of 7.9%.
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Electroceuticals/Bioelectric Medicine Market Worth 25.20 Billion USD by 2021 www.MarketsandMarkets.com
According to a new market research report "Electroceuticals/Bioelectric Medicine Market by Product (Pacemakers, Cochlear Implants, Spinal Cord Stimulators), by Type of Device (Implantable, Non-Invasive), by Application (Arrhythmia, Depression, Migraine), by End User (Hospitals) - Forecast to 2021", published by MarketsandMarkets, This report studies the global market for the forecast period of 2016 to 2021. This market is expected to reach USD 25.20 Billion by 2021 from USD 17.20 Billion in 2016, at a CAGR of 7.9%. www.MarketsandMarkets.com
Browse 144 market data Tables and 50 Figures spread through 218 Pages and in-depth TOC on"Electroceuticals/Bioelectric Medicine Market“ http://www.marketsandmarkets.com/Market-Reports/electroceutical-market-222053956.html Early buyers will receive 10% customization on this report. A number of factors such as rising geriatric population, regulatory approval for new and advanced electroceuticals, growing investments and funds for the development of novel therapies and electroceuticals, rising prevalence of neurological disorders, and growing prevalence of hearing loss are expected to drive the growth of the Electroceuticals/Bioelectric Medicine Market during the forecast period. In this report, the global Electroceuticals/Bioelectric Medicine Market is segmented on the basis of product, type of device, application, end user, and region.
The global electroceuticals/bioelectric medicine market is expected to reach USD 25.20 Billion by 2021 from USD 17.20 Billion in 2016, growing at a CAGR of 7.9% from 2016 to 2021. The growth of the overall electroceuticals/bioelectric medicine market can be contributed to rising geriatric population, regulatory approval for new and advanced electroceuticals, growing investments and funds for the development of novel therapies and electroceuticals, rising prevalence of neurological disorders, and growing prevalence of hearing loss. However, lack of skilled professionals and high cost of cochlear implants is expected to restrain the growth of this market to a certain extent. Moreover, the growth potential offered by emerging countries and strong product pipeline are expected to provide growth opportunities for players operating in this market. www.MarketsandMarkets.com
Prominent players in the global Electroceuticals/Bioelectric Medicine Market include Medtronic plc (Ireland), St. Jude Medical, Inc. (U.S.), Boston Scientific Corporation (U.S.), Cochlear Limited (Australia), Sonova Holding AG (Switzerland), LivaNova PLC (U.K.), Biotronik (Germany), Nevro Corporation (U.S.), Second Sight Medical Products, Inc. (U.S.), and ElectroCore LLC (U.S.). • Source: Organisation for Economic Co-operation and Development (OECD) Publications, The National Center for Biotechnology Information (NCIB), National Institute on Deafness and Other Communication Disorders (NIDCD), Alzheimer’s Association, International Diabetes Federation (IDF), National Institute on Aging (NIA), Heart Rhythm Society, World Heart Federation, Hearing Industries Association (HIA), National Institutes of Health (NIH), Experts Interviews, MnM Analysis www.MarketsandMarkets.com
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