Global Gastric Electric Stimulators Market, By Product Type (High Frequency GES Devices, Low Frequency GES Devices), Indication (Gastroparesis, Obesity, Refractory Nausea, Others), End User (Hospitals, Outpatients Center) and Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global Gastric Electric Stimulators Market
Global gastric electric stimulators market is expected to witness a healthy CAGR in the forecast period of 2019-2026. The report contains data from the historic year of 2017, and the base year of 2018. This healthy rise of market value can be attributed to the rising applications of the product due to the continuous research & developments efforts in the market for the advancement of the product.
Market Definition: Global Gastric Electric Stimulators Market
Gastric electrical stimulator is a kind of electronic stimulation device, which is used for the managing gastroparesis. Gastroparesis is a condition or disorder affecting the nerves of the stomach and prevents them to perform its function normally. Generally, stomach break the solid food into the small particle but during this condition the food does not move into the small intestine but remain in stomach longer than usual.
According to Swinburne University of Technology gastroparesis may be caused by diabetes, estimates about how many people are affected by gastroparesis near about more than 1.5 million Americans suffer from severe gastroparesis, and one estimate suggests that approximately 120,000 Australians are affected by the disorder.
- Escalating prevalence of chronic medical conditions expected to drive market growth
- Increasing geriatric population and changing demographics likely to support the growth of ESDs market
- Presence of alternative treatment therapies and low endorsement from regulatory bodies might impede the growth of the market
- Risks Associated with Implant Procedures
Segmentation: Global Gastric Electric Stimulators Market
- By Product Type
- High Frequency GES Devices
- Low Frequency GES Devices
- By Indication
- Refractory Nausea
- By Geography
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
- North America
Key Developments in the Market:
- In May 2017, EnteroMedics Inc., the developer of medical devices treating obesity, metabolic diseases and other gastrointestinal disorders, announced today that it has acquired the Gastric Vest System
Competitive Analysis: Global Gastric Electric Stimulators Market
Global gastric electric stimulators 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 gastric electric stimulators market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Gastric Electric Stimulators Market
Few of the major competitors currently working in the self-healing hydrogels market are ANS, EnteroMedics, IntraPace, Medtronic, MetaCure, Rishena
Research Methodology: Global Gastric Electric Stimulators Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request An Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report:
- Current and future of Global Gastric Electric Stimulators 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
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)