Gastric Electric Stimulators Market - Global Industry Analysis, Size, Share, Growth, Trends, & Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America & Middle East & Africa)

Description

Gastroparesis, a condition characterized by intractable nausea, chronic vomiting, and delayed stomach emptying, has found a promising treatment avenue in gastric electric stimulators. These programmable devices, powered by batteries, generate controlled electrical pulses to stimulate the antrum portion of the stomach's muscle wall. The market for these life-changing devices is witnessing substantial growth, with key manufacturers such as Medtronic Plc. and others contributing more than 50% of the revenue.

Expanding Horizons Through Acquisition and Collaboration

Medtronic Plc. and other industry leaders are at the forefront of this transformative medical technology, actively expanding their product portfolios through acquisitions, partnerships, and collaborations. These strategic moves aim to enhance their regional presence and further solidify their dominance in the global gastric electric stimulators market.

Advancements Fuel Growth Opportunities

Recent advancements in potential treatment options, techniques, and devices have broadened the spectrum of gastroparesis management. Innovations in gastrointestinal disorders, coupled with less invasive surgical approaches and robotic technology, offer promising growth opportunities in the gastric electric stimulators market.

Geriatric Population and Rising Prevalence Drive Demand

The geriatric population faces a higher risk of gastrointestinal diseases, contributing significantly to the demand for gastric electric stimulators. The increasing prevalence of gastroparesis, particularly related to diabetes and obesity, has led to a surge in surgical interventions for its treatment, consequently boosting the demand for these stimulators.

Economic Impact Spurs Demand

In the United States, the number of hospitalizations related to gastroparesis has surged, causing a substantial economic impact. This trend is expected to drive the demand for gastric stimulators in the near future.

Supportive Reimbursements and Government Spending

Favorable reimbursements, especially in underdeveloped and developing economies, have played a pivotal role in supporting the market for gastric electric stimulators. Additionally, increased government spending on healthcare infrastructure, as highlighted by the Centers for Medicare and Medicaid Services, is expected to further boost market growth.

Competitive Analysis

Leading players in the gastric electric stimulators market are focused on manufacturing technologically advanced products to enhance effectiveness and patient compliance. Profiles of key players include Medtronic Plc., ReShape Lifesciences, Inc., IntraPace Inc., Changzhou Ruishen Medical Equipment Co., Ltd, and others.

Market Segmentation

The report provides a detailed classification system for the gastric electric stimulators market, categorizing it based on product type, indication, end user, and geographical region. Gastric electric stimulators come in various forms, including low-frequency GES devices and high-frequency GES devices, and they serve multiple purposes, such as addressing conditions like gastroparesis and obesity.

In terms of indication, the gastric electric stimulators market is divided into categories such as gastroparesis, obesity, refractory nausea, and other related conditions. The end-user segments within this market encompass hospitals and outpatient centers, reflecting the healthcare facilities where these devices are utilized.

The analysis of the gastric electric stimulators market extends across different regions, including North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa (MEA), providing insights into its performance and dynamics in various parts of the world.

1. Executive Summary

1.1. Global Gastric Electric Stimulators Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value and Volume, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2018 - 2023

3.1. Global Gastric Electric Stimulators Production Output, by Region, Value (US$ Mn) and Volume (Units), 2018 - 2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2018 - 2023

4.1. Global Average Price Analysis by Product Type, 2018 - 2023
4.2. Prominent Factor Affecting Gastric Electric Stimulators Prices
4.3. Global Average Price Analysis by Region

5. Global Gastric Electric Stimulators Market Outlook, 2018 - 2031

5.1. Global Gastric Electric Stimulators Market Outlook, by Product Types, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 5.1.1. Key Highlights
  - 5.1.1.1. . High-Frequency GES Devices
  - 5.1.1.2. Low-Frequency GES Devices
5.2. Global Gastric Electric Stimulators Market Outlook, by Indication, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Gastroparesis
  - 5.2.1.2. Obesity
  - 5.2.1.3. Refractory Nausea
  - 5.2.1.4. Others
5.3. Global Gastric Electric Stimulators Market Outlook, by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Hospitals
  - 5.3.1.2. Outpatient Centers
5.4. Global Gastric Electric Stimulators Market Outlook, by Region, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 5.4.1. Key Highlights
  - 5.4.1.1. North America
  - 5.4.1.2. Europe
  - 5.4.1.3. Asia Pacific
  - 5.4.1.4. Latin America
  - 5.4.1.5. Middle East & Africa

6. North America Gastric Electric Stimulators Market Outlook, 2018 - 2031

6.1. North America Gastric Electric Stimulators Market Outlook, by Product Types, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 6.1.1. Key Highlights
  - 6.1.1.1. . High-Frequency GES Devices
  - 6.1.1.2. Low-Frequency GES Devices
6.2. North America Gastric Electric Stimulators Market Outlook, by Indication, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Gastroparesis
  - 6.2.1.2. Obesity
  - 6.2.1.3. Refractory Nausea
  - 6.2.1.4. Others
6.3. North America Gastric Electric Stimulators Market Outlook, by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Hospitals
  - 6.3.1.2. Outpatient Centers
- 6.3.2. BPS Analysis/Market Attractiveness Analysis
6.4. North America Gastric Electric Stimulators Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 6.4.1. Key Highlights
  - 6.4.1.1. U.S. Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 6.4.1.2. U.S. Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 6.4.1.3. U.S. Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 6.4.1.4. Canada Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 6.4.1.5. Canada Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 6.4.1.6. Canada Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Gastric Electric Stimulators Market Outlook, 2018 - 2031

7.1. Europe Gastric Electric Stimulators Market Outlook, by Product Types, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 7.1.1. Key Highlights
  - 7.1.1.1. . High-Frequency GES Devices
  - 7.1.1.2. Low-Frequency GES Devices
7.2. Europe Gastric Electric Stimulators Market Outlook, by Indication, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Gastroparesis
  - 7.2.1.2. Obesity
  - 7.2.1.3. Refractory Nausea
  - 7.2.1.4. Others
7.3. Europe Gastric Electric Stimulators Market Outlook, by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Hospitals
  - 7.3.1.2. Outpatient Centers
- 7.3.2. Attractiveness Analysis
7.4. Europe Gastric Electric Stimulators Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Germany Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.2. Germany Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.3. Germany Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.4. U.K. Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.5. U.K. Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.6. U.K. Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.7. France Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.8. France Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.9. France Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.10. Italy Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.11. Italy Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.12. Italy Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.13. Turkey Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.14. Turkey Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.15. Turkey Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.16. Russia Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.17. Russia Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.18. Russia Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.19. Rest of Europe Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.20. Rest of Europe Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 7.4.1.21. Rest of Europe Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Gastric Electric Stimulators Market Outlook, 2018 - 2031

8.1. Asia Pacific Gastric Electric Stimulators Market Outlook, by Product Types, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 8.1.1. Key Highlights
  - 8.1.1.1. . High-Frequency GES Devices
  - 8.1.1.2. Low-Frequency GES Devices
8.2. Asia Pacific Gastric Electric Stimulators Market Outlook, by Indication, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Gastroparesis
  - 8.2.1.2. Obesity
  - 8.2.1.3. Refractory Nausea
  - 8.2.1.4. Others
8.3. Asia Pacific Gastric Electric Stimulators Market Outlook, by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Hospitals
  - 8.3.1.2. Outpatient Centers
- 8.3.2. BPS Analysis/Market Attractiveness Analysis
8.4. Asia Pacific Gastric Electric Stimulators Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 8.4.1. Key Highlights
  - 8.4.1.1. China Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.2. China Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.3. China Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.4. Japan Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.5. Japan Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.6. Japan Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.7. South Korea Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.8. South Korea Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.9. South Korea Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.10. India Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.11. India Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.12. India Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.13. Southeast Asia Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.14. Southeast Asia Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.15. Southeast Asia Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.16. Rest of Asia Pacific Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.17. Rest of Asia Pacific Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 8.4.1.18. Rest of Asia Pacific Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Gastric Electric Stimulators Market Outlook, 2018 - 2031

9.1. Latin America Gastric Electric Stimulators Market Outlook, by Product Types, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 9.1.1. Key Highlights
  - 9.1.1.1. . High-Frequency GES Devices
  - 9.1.1.2. Low-Frequency GES Devices
9.2. Latin America Gastric Electric Stimulators Market Outlook, by Indication, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Gastroparesis
  - 9.2.1.2. Obesity
  - 9.2.1.3. Refractory Nausea
  - 9.2.1.4. Others
9.3. Latin America Gastric Electric Stimulators Market Outlook, by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Hospitals
  - 9.3.1.2. Outpatient Centers
- 9.3.2. BPS Analysis/Market Attractiveness Analysis
9.4. Latin America Gastric Electric Stimulators Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 9.4.1. Key Highlights
  - 9.4.1.1. Brazil Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.2. Brazil Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.3. Brazil Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.4. Mexico Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.5. Mexico Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.6. Mexico Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.7. Argentina Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.8. Argentina Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.9. Argentina Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.10. Rest of Latin America Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.11. Rest of Latin America Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 9.4.1.12. Rest of Latin America Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Gastric Electric Stimulators Market Outlook, 2018 - 2031

10.1. Middle East & Africa Gastric Electric Stimulators Market Outlook, by Product Types, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 10.1.1. Key Highlights
  - 10.1.1.1. High-Frequency GES Devices
  - 10.1.1.2. Low-Frequency GES Devices
10.2. Middle East & Africa Gastric Electric Stimulators Market Outlook, by Indication, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 10.2.1. Key Highlights
  - 10.2.1.1. Gastroparesis
  - 10.2.1.2. Obesity
  - 10.2.1.3. Refractory Nausea
  - 10.2.1.4. Others
10.3. Middle East & Africa Gastric Electric Stimulators Market Outlook, by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 10.3.1. Key Highlights
  - 10.3.1.1. Hospitals
  - 10.3.1.2. Outpatient Centers
- 10.3.2. BPS Analysis/Market Attractiveness Analysis
10.4. Middle East & Africa Gastric Electric Stimulators Market Outlook, by Country, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 10.4.1. Key Highlights
  - 10.4.1.1. GCC Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.2. GCC Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.3. GCC Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.4. South Africa Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.5. South Africa Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.6. South Africa Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.7. Egypt Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.8. Egypt Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.9. Egypt Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.10. Nigeria Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.11. Nigeria Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.12. Nigeria Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.13. Rest of Middle East & Africa Gastric Electric Stimulators Market by Service Type, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.14. Rest of Middle East & Africa Gastric Electric Stimulators Market by Specialty, Value (US$ Mn) and Volume (Units), 2018 - 2031
  - 10.4.1.15. Rest of Middle East & Africa Gastric Electric Stimulators Market by End User, Value (US$ Mn) and Volume (Units), 2018 - 2031
- 10.4.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. By End User vs by Product Types Heatmap
11.2. Company Market Share Analysis, 2023
11.3. Competitive Dashboard
11.4. Company Profiles
- 11.4.1. Medtronic Plc.
  - 11.4.1.1. Company Overview
  - 11.4.1.2. Product Portfolio
  - 11.4.1.3. Financial Overview
  - 11.4.1.4. Business Strategies and Development
- 11.4.2. IntraPace Inc.
  - 11.4.2.1. Company Overview
  - 11.4.2.2. Product Portfolio
  - 11.4.2.3. Financial Overview
  - 11.4.2.4. Business Strategies and Development
- 11.4.3. ReShape Lifesciences, Inc.
  - 11.4.3.1. Company Overview
  - 11.4.3.2. Product Portfolio
  - 11.4.3.3. Financial Overview
  - 11.4.3.4. Business Strategies and Development
- 11.4.4. Changzhou Ruishen Medical Equipment Co., Ltd
  - 11.4.4.1. Company Overview
  - 11.4.4.2. Product Portfolio
  - 11.4.4.3. Financial Overview
  - 11.4.4.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations