Global Gastric Electrical Stimulation Systems Market Report By Product Type (Low-frequency, High-frequency), By Application (Gastroparesis, Obesity), By End-user (Hospitals & Clinics, Ambulatory Surgery Centers, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030
The global demand for Gastric Electrical Stimulation Systems Market is presumed to reach the market size of nearly USD 280.49 MN by 2030 from USD 157.27 MN in 2022 with a CAGR of 7.5% under the study period 2023 - 2030.
Gastric Electrical Stimulation (GES) Systems, also known as Gastric Pacemakers or Gastric Neuromodulators, are medical devices designed to treat certain gastrointestinal disorders by applying electrical impulses to the stomach muscles. These devices aim to regulate the natural rhythmic contractions of the stomach, known as peristalsis, to manage symptoms such as nausea, vomiting, and gastroparesis.
The increasing prevalence of gastrointestinal disorders, particularly gastroparesis with symptoms like nausea and vomiting, has spurred demand for effective treatments such as GES systems. These systems provide an alternative for patients with limited relief from conventional therapies. Technological advancements in medical devices, including improved electrodes and neurostimulators, contribute to more efficient GES systems. With a growth in the aging population, the demand for solutions addressing age-related gastrointestinal issues has risen. The trend towards minimally invasive treatments aligns with GES systems' surgical implantation approach. Positive clinical research outcomes, healthcare provider awareness, patient preference for alternatives, and favorable reimbursement policies all contribute to the market's expansion. As the medical landscape evolves, ongoing research and changes in healthcare policies will likely impact the market's trajectory.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of gastric electrical stimulation systems. The growth and trends of gastric electrical stimulation systems industry provide a holistic approach to this study.
This section of the gastric electrical stimulation systems market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Product Type
Hospitals & Clinics
Ambulatory Surgery Centers
This section covers the regional outlook, which accentuates current and future demand for the Gastric Electrical Stimulation Systems market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Gastric Electrical Stimulation Systems Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Gastric Electrical Stimulation Systems market include Changzhou Rishena Medical Device Co., Ltd., Intrapace, Inc. (InCube Labs), Medtronic plc, ReShape Lifesciences, Inc. (EnteroMedics, Inc.). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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1 . PREFACE
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . GASTRIC ELECTRICAL STIMULATION SYSTEMS – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Product Type
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By End-user
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL GASTRIC ELECTRICAL STIMULATION SYSTEMS MARKET ANALYSIS BY PRODUCT TYPE
5.1 Overview by Product Type
5.2 Historical and Forecast Data
5.3 Analysis by Product Type
5.4 Low-frequency Historic and Forecast Sales by Regions
5.5 High-frequency Historic and Forecast Sales by Regions
6 . GLOBAL GASTRIC ELECTRICAL STIMULATION SYSTEMS MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Gastroparesis Historic and Forecast Sales by Regions
6.5 Obesity Historic and Forecast Sales by Regions
7 . GLOBAL GASTRIC ELECTRICA ...
Frequently Asked Questions (FAQs) about this Report
In 2022, the global market size for Gastric Electrical Stimulation Systems was worth USD 157.27 Million.
Between 2023 and 2030, the Worldwide Gastric Electrical Stimulation Systems Market growth is projected to be nearly 7.5%.
North America accounts for the largest market share of the Global Gastric Electrical Stimulation Systems Market.
The Global Gastric Electrical Stimulation Systems Market is segmented by Product Type (Low-frequency, High-frequency), by Application (Gastroparesis, Obesity), by End-user (Hospitals & Clinics, Ambulatory Surgery Centers, Others).
The leading players in the Global Gastric Electrical Stimulation Systems Market are Changzhou Rishena Medical Device Co. Ltd., Intrapace Inc. (InCube Labs), Medtronic plc, ReShape Lifesciences Inc. (EnteroMedics Inc.).