The Asia Pacific Bioelectric Medicine Market would witness market growth of 7.0% CAGR during the forecast period (2023-2030).
Bioelectric medicine represents an innovative and rapidly evolving field at the intersection of biology, electronics, and healthcare. This burgeoning field utilizes electrical impulses to manipulate the neural circuits of the body, offering innovative therapeutic strategies for an extensive array of medical ailments. With a focus on understanding and leveraging the electrical signaling within the body, bioelectric medicine has garnered significant attention from researchers, healthcare professionals, and industry players seeking to revolutionize traditional treatment modalities.
The adoption of bioelectric medicine has been on the rise, driven by a growing recognition of its potential to address challenging medical conditions. The demand for alternative and more targeted therapeutic options has intensified as conventional treatments face limitations in certain chronic diseases. Bioelectric interventions, from neuromodulation techniques to implantable devices, have gained acceptance in the medical community as viable and promising approaches.
Moreover, the Government of China has been actively supporting the development of its healthcare and pharmaceutical industries. Policies promoting innovation, research, and development and adopting advanced medical technologies may create a favorable environment for the expansion of bioelectric medicines. According to the International Trade Administration data, China’s pharmaceutical sector has been constantly growing and is expected to reach $161.8 billion by 2023, taking about 30% of the global industry share. Thus, growing healthcare and pharmaceutical sectors in India and China will help expand the regional market.
The China market dominated the Asia Pacific Bioelectric Medicine Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,072.9 million by 2030. The Japan market is experiencing a CAGR of 6.3% during (2023 - 2030). Additionally, The India market would exhibit a CAGR of 7.7% during (2023 - 2030).
Based on Type, the market is segmented into Implantable Electroceutical Devices, and Non-invasive Electroceutical Devices. Based on End-use, the market is segmented into Hospitals, and Others. Based on Product, the market is segmented into Implantable Cardioverter Defibrillators & Cardiac Pacemakers, Spinal Cord Stimulators, Cochlear Implants, Deep Brain Stimulators, Transcutaneous Electrical Nerve Stimulators, Sacral & Vagus Nerve Stimulators, and Others. Based on Application, the market is segmented into Arrhythmia, Pain Management, Sensorineural Hearing Loss, Tremor & Epilepsy, Parkinson’s Disease, Depression, Treatment-resistant Depression, Urinary & Fecal Incontinence, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Global Bioelectric Medicine Market is Predict to reach $31.7 billion by 2030, at a CAGR of 6.1%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Medtronic PLC, Abbott Laboratories, Boston Scientific Corporation, Cochlear Ltd., LivaNova PLC, Koninklijke Philips N.V., Biotronik SE & Co. KG, Sonova Holding AG, Nevro Corporation, and electroCore, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Type
- Implantable Electroceutical Devices
- Non-invasive Electroceutical Devices
By End-use
By Product
- Implantable Cardioverter Defibrillators & Cardiac Pacemakers
- Spinal Cord Stimulators
- Cochlear Implants
- Deep Brain Stimulators
- Transcutaneous Electrical Nerve Stimulators
- Sacral & Vagus Nerve Stimulators
- Others
By Application
- Arrhythmia
- Pain Management
- Sensorineural Hearing Loss
- Tremor & Epilepsy
- Parkinson’s Disease
- Depression
- Treatment-resistant Depression
- Urinary & Fecal Incontinence
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Medtronic PLC
- Abbott Laboratories
- Boston Scientific Corporation
- Cochlear Ltd.
- LivaNova PLC
- Koninklijke Philips N.V.
- Biotronik SE & Co. KG
- Sonova Holding AG
- Nevro Corporation
- electroCore, Inc.
TABLE 1 Asia Pacific Bioelectric Medicine Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Bioelectric Medicine Market, 2023 - 2030, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Bioelectric Medicine Market
TABLE 4 Product Launches And Product Expansions– Bioelectric Medicine Market
TABLE 5 Acquisition and Mergers– Bioelectric Medicine Market
TABLE 6 Geographical Expansions– Bioelectric Medicine Market
TABLE 7 Approvals and trials: Bioelectric Medicine Market
TABLE 8 Asia Pacific Bioelectric Medicine Market by Type, 2019 - 2022, USD Million
TABLE 9 Asia Pacific Bioelectric Medicine Market by Type, 2023 - 2030, USD Million
TABLE 10 Asia Pacific Implantable Electroceutical Devices Market by Country, 2019 - 2022, USD Million
TABLE 11 Asia Pacific Implantable Electroceutical Devices Market by Country, 2023 - 2030, USD Million
TABLE 12 Asia Pacific Non-invasive Electroceutical Devices Market by Country, 2019 - 2022, USD Million
TABLE 13 Asia Pacific Non-invasive Electroceutical Devices Market by Country, 2023 - 2030, USD Million
TABLE 14 Asia Pacific Bioelectric Medicine Market by End-use, 2019 - 2022, USD Million
TABLE 15 Asia Pacific Bioelectric Medicine Market by End-use, 2023 - 2030, USD Million
TABLE 16 Asia Pacific Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 17 Asia Pacific Hospitals Market by Country, 2023 - 2030, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 19 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 20 Asia Pacific Bioelectric Medicine Market by Product, 2019 - 2022, USD Million
TABLE 21 Asia Pacific Bioelectric Medicine Market by Product, 2023 - 2030, USD Million
TABLE 22 Asia Pacific Implantable Cardioverter Defibrillators & Cardiac Pacemakers Market by Country, 2019 - 2022, USD Million
TABLE 23 Asia Pacific Implantable Cardioverter Defibrillators & Cardiac Pacemakers Market by Country, 2023 - 2030, USD Million
TABLE 24 Asia Pacific Spinal Cord Stimulators Market by Country, 2019 - 2022, USD Million
TABLE 25 Asia Pacific Spinal Cord Stimulators Market by Country, 2023 - 2030, USD Million
TABLE 26 Asia Pacific Cochlear Implants Market by Country, 2019 - 2022, USD Million
TABLE 27 Asia Pacific Cochlear Implants Market by Country, 2023 - 2030, USD Million
TABLE 28 Asia Pacific Deep Brain Stimulators Market by Country, 2019 - 2022, USD Million
TABLE 29 Asia Pacific Deep Brain Stimulators Market by Country, 2023 - 2030, USD Million
TABLE 30 Asia Pacific Transcutaneous Electrical Nerve Stimulators Market by Country, 2019 - 2022, USD Million
TABLE 31 Asia Pacific Transcutaneous Electrical Nerve Stimulators Market by Country, 2023 - 2030, USD Million
TABLE 32 Asia Pacific Sacral & Vagus Nerve Stimulators Market by Country, 2019 - 2022, USD Million
TABLE 33 Asia Pacific Sacral & Vagus Nerve Stimulators Market by Country, 2023 - 2030, USD Million
TABLE 34 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 35 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 36 Asia Pacific Bioelectric Medicine Market by Application, 2019 - 2022, USD Million
TABLE 37 Asia Pacific Bioelectric Medicine Market by Application, 2023 - 2030, USD Million
TABLE 38 Asia Pacific Arrhythmia Market by Country, 2019 - 2022, USD Million
TABLE 39 Asia Pacific Arrhythmia Market by Country, 2023 - 2030, USD Million
TABLE 40 Asia Pacific Pain Management Market by Country, 2019 - 2022, USD Million
TABLE 41 Asia Pacific Pain Management Market by Country, 2023 - 2030, USD Million
TABLE 42 Asia Pacific Sensorineural Hearing Loss Market by Country, 2019 - 2022, USD Million
TABLE 43 Asia Pacific Sensorineural Hearing Loss Market by Country, 2023 - 2030, USD Million
TABLE 44 Asia Pacific Tremor & Epilepsy Market by Country, 2019 - 2022, USD Million
TABLE 45 Asia Pacific Tremor & Epilepsy Market by Country, 2023 - 2030, USD Million
TABLE 46 Asia Pacific Parkinson’s Disease Market by Country, 2019 - 2022, USD Million
TABLE 47 Asia Pacific Parkinson’s Disease Market by Country, 2023 - 2030, USD Million
TABLE 48 Asia Pacific Depression Market by Country, 2019 - 2022, USD Million
TABLE 49 Asia Pacific Depression Market by Country, 2023 - 2030, USD Million
TABLE 50 Asia Pacific Treatment-resistant Depression Market by Country, 2019 - 2022, USD Million
TABLE 51 Asia Pacific Treatment-resistant Depression Market by Country, 2023 - 2030, USD Million
TABLE 52 Asia Pacific Urinary & Fecal Incontinence Market by Country, 2019 - 2022, USD Million
TABLE 53 Asia Pacific Urinary & Fecal Incontinence Market by Country, 2023 - 2030, USD Million
TABLE 54 Asia Pacific Others Market by Country, 2019 - 2022, USD Million
TABLE 55 Asia Pacific Others Market by Country, 2023 - 2030, USD Million
TABLE 56 Asia Pacific Bioelectric Medicine Market by Country, 2019 - 2022, USD Million
TABLE 57 Asia Pacific Bioelectric Medicine Market by Country, 2023 - 2030, USD Million
TABLE 58 China Bioelectric Medicine Market, 2019 - 2022, USD Million
TABLE 59 China Bioelectric Medicine Market, 2023 - 2030, USD Million
TABLE 60 China Bioelectric Medicine Market by Type, 2019 - 2022, USD Million
TABLE 61 China Bioelectric Medicine Market by Type, 2023 - 2030, USD Million
TABLE 62 China Bioelectric Medicine Market by End-use, 2019 - 2022, USD Million
TABLE 63 China Bioelectric Medicine Market by End-use, 2023 - 2030, USD Million
TABLE 64 China Bioelectric Medicine Market by Product, 2019 - 2022, USD Million
TABLE 65 China Bioelectric Medicine Market by Product, 2023 - 2030, USD Million
TABLE 66 China Bioelectric Medicine Market by Application, 2019 - 2022, USD Million
TABLE 67 China Bioelectric Medicine Market by Application, 2023 - 2030, USD Million
TABLE 68 Japan Bioelectric Medicine Market, 2019 - 2022, USD Million
TABLE 69 Japan Bioelectric Medicine Market, 2023 - 2030, USD Million
TABLE 70 Japan Bioelectric Medicine Market by Type, 2019 - 2022, USD Million
TABLE 71 Japan Bioelectric Medicine Market by Type, 2023 - 2030, USD Million
TABLE 72 Japan Bioelectric Medicine Market by End-use, 2019 - 2022, USD Million
TABLE 73 Japan Bioelectric Medicine Market by End-use, 2023 - 2030, USD Million
TABLE 74 Japan Bioelectric Medicine Market by Product, 2019 - 2022, USD Million
TABLE 75 Japan Bioelectric Medicine Market by Product, 2023 - 2030, USD Million
TABLE 76 Japan Bioelectric Medicine Market by Application, 2019 - 2022, USD Million
TABLE 77 Japan Bioelectric Medicine Market by Application, 2023 - 2030, USD Million
TABLE 78 India Bioelectric Medicine Market, 2019 - 2022, USD Million
TABLE 79 India Bioelectric Medicine Market, 2023 - 2030, USD Million
TABLE 80 India Bioelectric Medicine Market by Type, 2019 - 2022, USD Million
TABLE 81 India Bioelectric Medicine Market by Type, 2023 - 2030, USD Million
TABLE 82 India Bioelectric Medicine Market by End-use, 2019 - 2022, USD Million
TABLE 83 India Bioelectric Medicine Market by End-use, 2023 - 2030, USD Million
TABLE 84 India Bioelectric Medicine Market by Product, 2019 - 2022, USD Million
TABLE 85 India Bioelectric Medicine Market by Product, 2023 - 2030, USD Million
TABLE 86 India Bioelectric Medicine Market by Application, 2019 - 2022, USD Million
TABLE 87 India Bioelectric Medicine Market by Application, 2023 - 2030, USD Million
TABLE 88 South Korea Bioelectric Medicine Market, 2019 - 2022, USD Million
TABLE 89 South Korea Bioelectric Medicine Market, 2023 - 2030, USD Million
TABLE 90 South Korea Bioelectric Medicine Market by Type, 2019 - 2022, USD Million
TABLE 91 South Korea Bioelectric Medicine Market by Type, 2023 - 2030, USD Million
TABLE 92 South Korea Bioelectric Medicine Market by End-use, 2019 - 2022, USD Million
TABLE 93 South Korea Bioelectric Medicine Market by End-use, 2023 - 2030, USD Million
TABLE 94 South Korea Bioelectric Medicine Market by Product, 2019 - 2022, USD Million
TABLE 95 South Korea Bioelectric Medicine Market by Product, 2023 - 2030, USD Million
TABLE 96 South Korea Bioelectric Medicine Market by Application, 2019 - 2022, USD Million
TABLE 97 South Korea Bioelectric Medicine Market by Application, 2023 - 2030, USD Million
TABLE 98 Singapore Bioelectric Medicine Market, 2019 - 2022, USD Million
TABLE 99 Singapore Bioelectric Medicine Market, 2023 - 2030, USD Million
TABLE 100 Singapore Bioelectric Medicine Market by Type, 2019 - 2022, USD Million
TABLE 101 Singapore Bioelectric Medicine Market by Type, 2023 - 2030, USD Million
TABLE 102 Singapore Bioelectric Medicine Market by End-use, 2019 - 2022, USD Million
TABLE 103 Singapore Bioelectric Medicine Market by End-use, 2023 - 2030, USD Million
TABLE 104 Singapore Bioelectric Medicine Market by Product, 2019 - 2022, USD Million
TABLE 105 Singapore Bioelectric Medicine Market by Product, 2023 - 2030, USD Million
TABLE 106 Singapore Bioelectric Medicine Market by Application, 2019 - 2022, USD Million
TABLE 107 Singapore Bioelectric Medicine Market by Application, 2023 - 2030, USD Million
TABLE 108 Malaysia Bioelectric Medicine Market, 2019 - 2022, USD Million
TABLE 109 Malaysia Bioelectric Medicine Market, 2023 - 2030, USD Million
TABLE 110 Malaysia Bioelectric Medicine Market by Type, 2019 - 2022, USD Million
TABLE 111 Malaysia Bioelectric Medicine Market by Type, 2023 - 2030, USD Million
TABLE 112 Malaysia Bioelectric Medicine Market by End-use, 2019 - 2022, USD Million
TABLE 113 Malaysia Bioelectric Medicine Market by End-use, 2023 - 2030, USD Million
TABLE 114 Malaysia Bioelectric Medicine Market by Product, 2019 - 2022, USD Million
TABLE 115 Malaysia Bioelectric Medicine Market by Product, 2023 - 2030, USD Million
TABLE 116 Malaysia Bioelectric Medicine Market by Application, 2019 - 2022, USD Million
TABLE 117 Malaysia Bioelectric Medicine Market by Application, 2023 - 2030, USD Million
TABLE 118 Rest of Asia Pacific Bioelectric Medicine Market, 2019 - 2022, USD Million
TABLE 119 Rest of Asia Pacific Bioelectric Medicine Market, 2023 - 2030, USD Million
TABLE 120 Rest of Asia Pacific Bioelectric Medicine Market by Type, 2019 - 2022, USD Million
TABLE 121 Rest of Asia Pacific Bioelectric Medicine Market by Type, 2023 - 2030, USD Million
TABLE 122 Rest of Asia Pacific Bioelectric Medicine Market by End-use, 2019 - 2022, USD Million
TABLE 123 Rest of Asia Pacific Bioelectric Medicine Market by End-use, 2023 - 2030, USD Million
TABLE 124 Rest of Asia Pacific Bioelectric Medicine Market by Product, 2019 - 2022, USD Million
TABLE 125 Rest of Asia Pacific Bioelectric Medicine Market by Product, 2023 - 2030, USD Million
TABLE 126 Rest of Asia Pacific Bioelectric Medicine Market by Application, 2019 - 2022, USD Million
TABLE 127 Rest of Asia Pacific Bioelectric Medicine Market by Application, 2023 - 2030, USD Million
TABLE 128 Key Information – Medtronic PLC
TABLE 129 Key Information – Abbott Laboratories
TABLE 130 Key Information – Boston Scientific Corporation
TABLE 131 key Information – Cochlear Ltd.
TABLE 132 Key Information – LivaNova PLC
TABLE 133 Key Information – Koninklijke Philips N.V.
TABLE 134 Key Information – Biotronik SE & Co. KG
TABLE 135 key Information – Sonova Holding AG
TABLE 136 Key Information – Nevro Corporation
TABLE 137 Key Information – electroCore, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Bioelectric Medicine Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting the Bioelectric Medicine Market
FIG 4 KBV Cardinal Matrix
FIG 5 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 6 Key Strategic Move: (Partnerships, Collaborations & Agreements: 2019, May – 2021, Nov) Leading Players
FIG 7 Porter’s Five Force Analysis: Bioelectric Medicine Market
FIG 8 Asia Pacific Bioelectric Medicine Market share by Type, 2022
FIG 9 Asia Pacific Bioelectric Medicine Market share by Type, 2030
FIG 10 Asia Pacific Bioelectric Medicine Market by Type, 2019 - 2030, USD Million
FIG 11 Asia Pacific Bioelectric Medicine Market share by End-use, 2022
FIG 12 Asia Pacific Bioelectric Medicine Market share by End-use, 2030
FIG 13 Asia Pacific Bioelectric Medicine Market by End-use, 2019 - 2030, USD Million
FIG 14 Asia Pacific Bioelectric Medicine Market share by Product, 2022
FIG 15 Asia Pacific Bioelectric Medicine Market share by Product, 2030
FIG 16 Asia Pacific Bioelectric Medicine Market by Product, 2019 - 2030, USD Million
FIG 17 Asia Pacific Bioelectric Medicine Market share by Application, 2022
FIG 18 Asia Pacific Bioelectric Medicine Market share by Application, 2030
FIG 19 Asia Pacific Bioelectric Medicine Market by Application, 2019 - 2030, USD Million
FIG 20 Asia Pacific Bioelectric Medicine Market share by Country, 2022
FIG 21 Asia Pacific Bioelectric Medicine Market share by Country, 2030
FIG 22 Asia Pacific Bioelectric Medicine Market by Country, 2019 - 2030, USD Million
FIG 23 Recent strategies and developments: Medtronic PLC
FIG 24 SWOT Analysis: Medtronic PLC
FIG 25 Recent strategies and developments: Abbott Laboratories
FIG 26 SWOT Analysis: Abbott Laboratories
FIG 27 Recent strategies and developments: Boston Scientific Corporation
FIG 28 SWOT Analysis: Boston Scientific Corporation
FIG 29 Recent strategies and developments: Cochlear Ltd.
FIG 30 SWOT Analysis: Cochlear Ltd.
FIG 31 SWOT Analysis: LivaNova PLC
FIG 32 SWOT Analysis: Koninklijke Philips N.V.
FIG 33 SWOT Analysis: Biotronik SE & Co. KG
FIG 34 SWOT Analysis: Sonova Holding AG
FIG 35 SWOT Analysis: NEVRO CORPORATION
FIG 36 Recent strategies and developments: electroCore, Inc.
FIG 37 SWOT Analysis: electroCore, Inc.