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Europe Electrical Stimulation Devices Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Device Type; Application, and Country

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    Report

  • 133 Pages
  • August 2020
  • Region: Europe
  • The Insight Partners
  • ID: 5147200
Description Jump to:
The Europe electrical stimulation devices market is expected to reach US$ 3,433.1 million by 2027 from US$ 1,745.6 million in 2019. The market is estimated to grow at a CAGR of 9.0% from 2020 to 2027.

The factors that are driving growth of the market are owing to increasing adoption of electrical stimulation devices, increasing prevalence of neurological conditions, growing awareness about benefits provided by electrical stimulation devices, and rising number of product introductions. On the other hand, higher cost of implants is likely to restrain the market growth to a certain extent.

Growing number of product approvals is one of the prominent factor for the growth of the Germany electrical stimulation devices during the forecast period. For instance, in December 2017, HASOMED has entered into a partnership with Ekso Bionics to launch Functional Electrical Stimulation (FES) for the EksoGT Exoskeleton. Through this partnership, HASOMED’s RehaStim2 FES that previously used for research, integrated with EksoGT exoskeleton that is now CE Marked and available for routine clinical use in Europe. Such constructive strategies are anticipated to propel the growth of the market by 2027.

The Europe electrical stimulation devices market, based on device type, is segmented into spinal cord stimulation devices, deep brain stimulation devices, vagus nerve stimulation (VNS) devices, sacral nerve stimulation (SNS) devices, gastric electrical stimulation (GES) devices, transcutaneous electrical nerve stimulation (TENS) devices, and other devices. In 2019, the spinal cord stimulation devices segment held a larger share of the market; however, the sacral nerve stimulation devices segment is expected to register a higher CAGR in the market during the forecast period.

A few major primary and secondary sources referred to in the process of preparing the report on the electrical stimulation devices market are the World Health Organization, Ministry of Health and Prevention, and Ministry of Health and Family Welfare.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 Report Guidance
1.3 Market Segmentation
1.3.1 Europe Electrical Stimulation Devices Market - By Device Type
1.3.2 Europe Electrical Stimulation Devices Market - By Application
1.3.3 Europe Electrical Stimulation Devices Market - By Region
2. Electrical Stimulation Devices Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Electrical Stimulation Devices- Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Expert Opinion
5. Europe Electrical Stimulation Devices Market - Industry Dynamics
5.1 Key Drivers
5.1.1 Rising Prevalence of Neurological Diseases
5.1.2 Increasing Prevalence of Chronic Pain
5.2 Key Market Restraints
5.2.1 High Cost of Treatments Involving Electrical Stimulation Devices
5.3 Key Market Opportunities
5.3.1 Growing Number of FDA Approvals and Product Launches
5.4 Future Trends
5.4.1 Wearable Electrical Stimulation Devices
5.5 Impact Analysis
6. Electrical Stimulation Devices Market - Regional Analysis
6.1 Europe Electrical Stimulation Devices Market Revenue Forecast and Analysis
7. Electrical Stimulation Devices Market Analysis - By Device Type
7.1 Overview
7.2 Electrical Stimulation Devices Market Revenue Share, by Device Type, 2019 and 2027 (%)
7.2.1 Europe Electrical Stimulation Devices Market, by Device Type - Revenue and Forecast to 2027 (USD Million)
7.3 Spinal Cord Stimulation Devices
7.3.1 Overview
7.3.2 Spinal Cord Stimulation Devices : Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
7.4 Deep Brain Stimulation Devices
7.4.1 Overview
7.4.2 Deep Brain Stimulation Devices: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
7.5 Vagus Nerve Stimulation (VNS) Devices
7.5.1 Overview
7.5.2 Vagus Nerve Stimulation Devices: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
7.6 Sacral Nerve Stimulation (SNS) Devices
7.6.1 Overview
7.6.2 Sacral Nerve Stimulation (SNS) Devices: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
7.7 Gastric Electrical Stimulation (GES) Devices
7.7.1 Overview
7.7.2 Gastric Electrical Stimulation (GES) Devices: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
7.8 Transcutaneous Electrical Nerve Stimulation (TENS) Devices
7.8.1 Overview
7.8.2 Transcutaneous Electrical Nerve Stimulation (TENS) Devices: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
7.9 Other Devices
7.9.1 Overview
7.9.2 Other Devices: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
8. Electrical Stimulation Devices Market - By Application
8.1 Overview
8.2 Electrical Stimulation Devices Market, by Application, 2019 and 2027 (%)
8.2.1 Europe Electrical Stimulation Devices Market, by Application - Revenue and Forecast to 2027 (USD Million)
8.3 Pain Management
8.3.1 Overview
8.3.2 Pain Management: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
8.4 Neurological and Movement Disorder Management
8.4.1 Overview
8.4.2 Neurological and Movement Disorder Management: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
8.5 Musculoskeletal Disorder Management
8.5.1 Overview
8.5.2 Musculoskeletal Disorder Management: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
8.6 Metabolism and GIT Management
8.6.1 Overview
8.6.2 Metabolism and GIT Management: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
8.7 Incontinence Management
8.7.1 Overview
8.7.2 Incontinence Management: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
8.8 Other Applications
8.8.1 Overview
8.8.2 Other Applications: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (US$ Million)
9. Electrical Stimulation Devices Market - Regional Analysis
9.1 Europe: Electrical Stimulation Devices Market
9.1.1 Overview
9.1.2 Europe: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.3 Europe: Electrical Stimulation Devices Market, by Device Type, 2018-2027 (USD Millions)
9.1.4 Europe: Electrical Stimulation Devices Market, by Application, 2018-2027 (USD Million)
9.1.5 Europe: Electrical Stimulation Devices Market, by Country, 2019 & 2027 (%)
9.1.6 Germany: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.6.1 Germany: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.6.2 Germany: Electrical Stimulation Devices Market, by Device Type, 2018-2027 (USD Millions)
9.1.6.3 Germany: Electrical Stimulation Devices Market, by Application, 2018-2027 (USD Million)
9.1.7 UK: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.7.1 UK: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.7.2 UK: Electrical Stimulation Devices Market, by Device Type, 2018-2027 (USD Millions)
9.1.7.3 UK: Electrical Stimulation Devices Market, by Application, 2018-2027 (USD Million)
9.1.8 France: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.8.1 France: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.8.2 France: Electrical Stimulation Devices Market, by Device Type, 2018-2027 (USD Millions)
9.1.8.3 France: Electrical Stimulation Devices Market, by Application, 2018-2027 (USD Million)
9.1.9 Spain: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.9.1 Spain: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.9.2 Spain: Electrical Stimulation Devices Market, by Device Type, 2018-2027 (USD Millions)
9.1.9.3 Spain: Electrical Stimulation Devices Market, by Application, 2018-2027 (USD Million)
9.1.10 Italy: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.10.1 Italy: Electrical Stimulation Devices Market - Revenue and Forecast to 2027 (USD Million)
9.1.10.2 Italy: Electrical Stimulation Devices Market, by Device Type, 2018-2027 (USD Millions)
9.1.10.3 Italy: Electrical Stimulation Devices Market, by Application, 2018-2027 (USD Million)
10. Impact of COVID-19 Pandemic on Europe Electrical Stimulation Devices Market
10.1 Europe: Impact assessment of COVID-19 Pandemic
11. Company Profiles
11.1 Boston Scientific Corporation
11.1.1 Key Facts
11.1.2 Business Description
11.1.3 Products and Services
11.1.4 Financial Overview
11.1.5 SWOT Analysis
11.1.6 Key Developments
11.2 Medtronic
11.2.1 Key Facts
11.2.2 Business Description
11.2.3 Products and Services
11.2.4 Financial Overview
11.2.5 SWOT Analysis
11.2.6 Key Developments
11.3 Abbott
11.3.1 Key Facts
11.3.2 Business Description
11.3.3 Products and Services
11.3.4 Financial Overview
11.3.5 SWOT Analysis
11.3.6 Key Developments
11.4 BTL
11.4.1 Key Facts
11.4.2 Business Description
11.4.3 Products and Services
11.4.4 Financial Overview
11.4.5 SWOT Analysis
11.4.6 Key Developments
11.5 DJO Global, Inc.
11.5.1 Key Facts
11.5.2 Business Description
11.5.3 Products and Services
11.5.4 Financial Overview
11.5.5 SWOT Analysis
11.5.6 Key Developments
12. Appendix
12.1 About the Publisher
12.2 Glossary of Terms
List of Tables
Table 1. Europe Electrical Stimulation Devices Market , by Device Type – Revenue and Forecast to 2027 (USD Million)
Table 2. Europe Electrical Stimulation Devices Market, by Application – Revenue and Forecast to 2027 (USD Million)
Table 3. Europe Electrical Stimulation Devices Market , by Device Type– Revenue and Forecast to 2027 (USD Millions)
Table 4. Europe Electrical Stimulation Devices Market, by Application– Revenue and Forecast to 2027 (USD Million)
Table 5. Germany Electrical Stimulation Devices Market , by Device Type– Revenue and Forecast to 2027 (USD Millions)
Table 6. Germany Electrical Stimulation Devices Market , by Application– Revenue and Forecast to 2027 (USD Million)
Table 7. UK Electrical Stimulation Devices Market , by Device Type– Revenue and Forecast to 2027 (USD Millions)
Table 8. UK Electrical Stimulation Devices Market , by Application– Revenue and Forecast to 2027 (USD Million)
Table 9. France Electrical Stimulation Devices Market , by Device Type– Revenue and Forecast to 2027 (USD Millions)
Table 10. France Electrical Stimulation Devices Market , by Application– Revenue and Forecast to 2027 (USD Million)
Table 11. Spain Electrical Stimulation Devices Market , by Device Type– Revenue and Forecast to 2027 (USD Millions)
Table 12. Spain Electrical Stimulation Devices Market , by Application– Revenue and Forecast to 2027 (USD Million)
Table 13. Italy Electrical Stimulation Devices Market , by Device Type– Revenue and Forecast to 2027 (USD Millions)
Table 14. Italy Electrical Stimulation Devices Market , by Application– Revenue and Forecast to 2027 (USD Million)
Table 15. Glossary of Terms, Electrical Stimulation Devices Market
List of Figures
Figure 1. Electrical Stimulation Devices Market Segmentation
Figure 2. Electrical Stimulation Market Segmentation – By Region
Figure 3. Europe Electrical Stimulation Devices Market Overview
Figure 4. The Sacral Nerve Stimulation (SNS) Devices Segment Held Largest Share of Device Type Segment In Electrical Stimulation Devices Market
Figure 5. China is Expected to Show Remarkable Growth During the Forecast Period
Figure 6. Europe PEST Analysis
Figure 7. Europe Electrical Stimulation Devices Market – Revenue Forecast and Analysis – 2019- 2027
Figure 8. Electrical Stimulation Devices Market Revenue Share, by Device Type, 2019 and 2027 (%)
Figure 9. Spinal Cord Stimulation Devices: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 10. Deep Brain Stimulation Devices: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. Vagus Nerve Stimulation Devices: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 12. Sacral Nerve Stimulation (SNS) Devices: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Gastric Electrical Stimulation (GES) Devices: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Transcutaneous Electrical Nerve Stimulation (TENS) Devices: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. Other Devices: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. Electrical Stimulation Devices Market, by Application, 2019 and 2027 (%)
Figure 17. Pain Management: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Neurological and Movement Disorder Management: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Musculoskeletal Disorder Management: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Metabolism and GIT Management: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Incontinence Management: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Other Applications: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Europe: Electrical Stimulation Devices Market, by Key Country – Revenue (2019) (USD Million)
Figure 24. Europe Electrical Stimulation Devices Market Revenue and Forecast to 2027 (USD Million)
Figure 25. Germany: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 26. UK: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 27. France: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 28. Spain: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 29. Italy: Electrical Stimulation Devices Market – Revenue and Forecast to 2027 (USD Million)
Figure 30. Impact of COVID-19 Pandemic in Europe Country Markets

Companies Mentioned

  • Boston Scientific Corporation
  • Medtronic
  • Abbott
  • BTL
  • DJO Global

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