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Market Research Report

Global Bioelectronics Market 2019-2025

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Global Bioelectronics Market 2019-2025
Published: October 17, 2019 Content info:
Description

Title:
Global Bioelectronics
Market Size, Share & Trends Analysis Report By Product (Biochips, Implantable Medical Devices, Prosthetic Devices, Artificial Organs/Bionic Organs, and Other), Forecast 2019-2025.

The global bioelectronics market is expected to grow at a CAGR of around 12% during the forecast period. The introduction of bioelectronics has improved biological systems by increasing the efficiency and aiding the patients to deal with chronic diseases and disorders. There are various key factors that are contributing towards the growth of the global bioelectronics market which include increasing incidence and prevalence rate of diabetes, rising demand for point of care diagnostics, and growing demand for implantable medical devices due to growing cardiac disorders. Bioelectronics has improved disease detection, and disease prevention. It is expected that these applications will enable to control the rate of diseases (neural degeneration, cancer) and promote implantable medical devices.

The bioelectronic products are considered to create a lot of scopes for the research to develop reliable and compatible implantable devices. Applications such as personalized medical diagnostics and other pipeline products creates opportunities for bioelectronics market. The rise in the number of geriatric populations, technological advancement in defibrillators, and increasing investment by major players are expected to provide a significant growth rate to the bioelectronics market, globally. Further, the bioelectronics products are also used as hearing aids for the patients who have hearing disabilites. There are different types of hearing aids available in the market, out of which, the US FDA has divided the hearing aids into behind-the-ear, in-the-ear, and in-the-canal category. The high prevalence of hearing loss is creating a considerable need for hearing aids and cochlear implants globally which is expected to augment the bioelectronics market during the forecast period.

The global bioelectronics market is segmented on the basis of product. The high prevalence of hearing loss is creating a considerable need for hearing aids and cochlear implants globally which is expected to augment the electroceuticals market during the forecast period. The Key players of bioelectronics market include Abbott Laboratories, Inc., Bioelectronics Corp., Danaher Corp., Siemens AG, Boston Scientific Corp., F. Hoffmann-La Roche Ltd., Universal Biosensors Pty. Ltd., Nova Biomedical Corp., and Medtronic PLC. Key players are constantly focusing on gaining major market share by adopting strategies of mergers & acquisitions, product launch, partnership, and agreements. Product development and acquisition and partnership are some of the main strategies that are adopted through various key players to gain a competitive edge.

Recent Activities

  • In August 2019, UK's National Health System (NHS) has approved the application of Bioelectronics to offer low-level Pulsed Electromagnetic Field (PEMF) therapy devices. The PEMF devices offered by the company utilize PEMF technology (also known as Pulsed Short-Wave Technology) to offer relief from intense musculoskeletal pain. The approval of these devices is anticipated to increase the awareness of PEMF technology benefits among patients.
  • In April 2019, Biotronik, Inc. had launched Plexa ProMRI S DX lead, with DF4/IS-1 connector. The advancement in the DX technology offers whole atrial diagnostics in a single lead implantable cardioverter-defibrillator (ICD) and enables the timely detection of asymptomatic atrial fibrillation (AF). The launch of this device has made implant procedure simple by making less pressure on skin owing to its 10 mm slim size.

Research Methodology

The market study of the global bioelectronics market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior and macro-economic factors. Numbers extracted from Secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

  • Financial reports of companies involved in the market.
  • Whitepapers, research-papers, and news blogs.
  • Company websites and their product catalog.

The report is intended for hospitals, medical device manufacturers, and other related companies for overall market analysis and competitive analysis. The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

The Report Covers:

  • Comprehensive Research Methodologyof the global bioelectronics market.
  • This report also includes a detailed and extensive market overview with key analyst insights.
  • An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
  • Analysis of regional regulations and other government policies impacting the global bioelectronics market.
  • Insights about market determinants which are stimulating the global bioelectronics market.
  • Detailed and extensive market segments with regional distribution of forecasted revenues.
  • Extensive profiles and recent developments of market players.
Table of Contents
Product Code: OMR2019925

Table of Contents

1. Report Summary

  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. By Geography

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Recommendations
    • 2.2.3. Conclusion
  • 2.3. Rules & Regulations

3. Competitive Landscape

  • 3.1. Company Share Analysis
  • 3.2. Key Strategy Analysis
  • 3.3. Key Company Analysis

3.3.1 Abbott laboratories, Inc.

      • 3.3.1.1. Overview
      • 3.3.1.2. Financial Analysis
      • 3.3.1.3. SWOT Analysis
      • 3.3.1.4. Recent Developments

3.3.2 Boston Scientific Corp.

3.3.2.1 Overview

3.3.2.2 Financial Analysis

3.3.2.3 SWOT Analysis

3.3.2.4 Recent Developments

3.3.3 Demant A/S

3.3.3.1 Overview

3.3.3.2 Financial Analysis

3.3.3.3 SWOT Analysis

3.3.3.4 Recent Developments

3.3.4 Medtronic PLC

3.3.4.1 Overview

3.3.4.2 Financial Analysis

3.3.4.3 SWOT Analysis

3.3.4.4 Recent Developments

3.3.5 Cochlear, Ltd.

3.3.5.1 Overview

3.3.5.2 Financial Analysis

3.3.5.3 SWOT Analysis

3.3.5.4 Recent Developments

4 Market Determinants

4.1 Motivators

4.2 Restraints

4.3 Opportunities

5 Market Segmentation

5.1 Global Bioelectronics Market by Product

5.1.1 Biochips

5.1.1.1 DNA Microarrays

5.1.1.2 Lab-on-a-Chip/Microfluidic Chip

5.1.2 Implantable Medical Devices

5.1.2.1 Cardiac Rhythm Management Devices

5.1.2.2 Ear Implants

5.1.2.3 Brain Implants

5.1.2.4 Gastric Implants

5.1.2.5 Others

5.1.3 Prosthetic Devices

5.1.4 Artificial Organs/Bionic Organs

5.1.4.1 Bionic Finger

5.1.4.2 Heart Bionics and Artificial Heart

5.1.4.3 Neural/Brain Bionics

5.1.5 Other (Biofuel Cells)

6 Regional Analysis

6.1 North America

6.1.1 US

6.1.2 Canada

6.2 Europe

6.2.1 UK

6.2.2 Germany

6.2.3 Italy

6.2.4 Spain

6.2.5 France

6.2.6 Rest of Europe

6.3 Asia-Pacific

6.3.1 China

6.3.2 India

6.3.3 Japan

6.3.4 Rest of Asia-Pacific

6.4 Rest of the World

7 Company Profiles

7.1 Abbott Laboratories, Inc.

7.2 Agamatrix, Inc.

7.3 Bioelectronics Corp.

7.4 BIOTRONIK SE & Co. KG

7.5 Boston Scientific Corp.

7.6 Cala Health, Inc.

7.7 Cochlear, Ltd.

7.8 Danaher Corp.

7.9 Demant A/S

7.10 Electrocore, Inc.

7.11 F. Hoffmann-La Roche A.G.

7.12 Medtronic PLA

7.13 Micronit Microtechnologies B.V.

7.14 Nova Biomedical Corp.

7.15 OmniVision Technologies, Inc.

7.16 Second Sight Medical Products, Inc.

7.17 Siemens AG

7.18 Sotera Wireless, Inc.

7.19 Universal Biosensors Pty. Ltd.

7.20 ZOLL Medical Corp.

LIST OF TABLES

  • GLOBAL BIOELECTRONICS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
  • GLOBAL BIOCHIPSMARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
  • GLOBAL IMPLANTABLE MEDICAL DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
  • GLOBAL PROSTHETHIC DEVICES MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
  • GLOBAL ARTIFICIAL ORGANS/BIONIC ORGANSMARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
  • GLOBAL OTHER PRODUCT MARKET RESEARCH AND ANALYSIS BY REGION, 2018-2025 ($ MILLION)
  • NORTH AMERICAN BIOELECTRONICSMARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
  • NORTH AMERICAN BIOELECTRONICSMARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
  • EUROPEANBIOELECTRONICSMARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
  • EUROPEAN BIOELECTRONICSMARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
  • ASIA-PACIFIC BIOELECTRONICSMARKET RESEARCH AND ANALYSIS BY COUNTRY, 2018-2025 ($ MILLION)
  • ASIA-PACIFICBIOELECTRONICS MARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)
  • REST OF THE WORLDBIOELECTRONICSMARKET RESEARCH AND ANALYSIS BY PRODUCT, 2018-2025 ($ MILLION)

LIST OF FIGURES

  • GLOBAL BIOELECTRONICSMARKET SHARE BY PRODUCT, 2018 VS 2025 (%)
  • US BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • CANADABIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • UK BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • FRANCE BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • GERMANY BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • ITALY BIOELECTRONICS MARKET, 2018-2025 ($ MILLION)
  • SPAINBIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • ROE BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • INDIA BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • CHINA BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • JAPAN BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • REST OF ASIA-PACIFIC BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
  • REST OF THE WORLD BIOELECTRONICS MARKET SIZE, 2018-2025 ($ MILLION)
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