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Implantable Pulse Generator Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2026

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A rise in various complex diseases and medical conditions has led the healthcare sector to push research and development boundaries which have resulted in a new age of disease treatment and one such technology is Implantable Pulse Generator (IPG). I
Implantable Pulse Generator Market Global Trends, Market Share, Industry Size,
Growth, Opportunities, and Market Forecast 2019 to 2026
A rise in various complex diseases and medical conditions has led the healthcare
sector to push research and development boundaries which have resulted in a new
age of disease treatment and one such technology is Implantable Pulse Generator
(IPG). It is a micro-electronic medical device which is battery-powered that is
inserted in the body where the nervous system is delivered with an electric
stimulation which helps in stimulation or blocking of different nerve impulses in the
body. It is a promising technology which has been adapted from cardiac rhythm
management technology which has helped in curing various medical conditions like
hypertension treatment, back pain, obesity and diabetes without a daily dosage of
insulin. It is also used in situations where medicines are partially ineffective or have
started to show some side effects. On the other hand, it can also be combined with
medicine to control the progression of the disease. For instance, implantable pulse
generator is primarily used for treating Parkinson’s disease, dystonia and tremor
using Deep Brain Stimulation (DBS). The global implantable pulse generator market is
expected to witness a growth during the forecast period of 2019-2026 due to rising
prevalence of cardiovascular and neurological disorders. Other factors like easy
implantation along with enhanced clinical performance, greater awareness in
patients and strong reimbursements have led to an increase in market penetration
across the world.
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Insights on Global Implantable Pulse Generator Market:
1. By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the world
Due to the adoption of neuromodulation technology for disease management, the
North America region is a major shareholder of the global market which is highly
dominated by the U.S. One major reason for this dominance is a strong and intense
competition of top-tier manufacturers. It is followed by Europe which possesses a
significant share of the market reason being their supportive regulations. Due to an
increase in research and development activities in the Asia Pacific market, it is the
third major stakeholder in the global market. Rising awareness among end-user
segment has resulted in a faster growth rate in the Latin American region. Rest of the
world acquires a very small share in this market due to less adoption.
2. By Device Placement Type
• Spine
• Heart
The Spine Cord Simulation (SCS) implant technology is to provide mild electrical
signals near the spine to the epidural space. It is expected that the SCS market will
grow steadily during the forecast period due to a demand for alternative therapies.
3. By Application
• Chronic arrhythmia
• Hypertension
• Diabetes
Chronic heart arrhythmia segment dominates the global market because heart
disorder is one of the major disorders experienced by people all across the world due
to unhealthy eating habits, lack of exercise, etc. It is expected that this segment will
witness a rise in growth rate during the forecast period. Similarly, as diabetes can be
managed with an implantable pulse generator without a daily insulin dosage and
looking at the prevalence of this disease, it will also gain some traction during the
forecast period. Hypertension segment is also a crucial one and is going to witness a
rise during the forecast period.
4. By End User
• Hospitals
• Ambulatory surgical centres
• Home care settings
• Clinics
Hospital segment dominates the global market currently and is expected to do so
during the forecast period due to higher quality infrastructure and provision of newage facilities which helps them gain more market share than clinics or surgical
centres where the infrastructure is limited. But this trend will be seen primarily in
developed regions like North America and Europe. Developing economies will
require some time in adopting such technologies as it is majorly populated by
middle-class people who cannot afford such treatments.
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Competitive Landscape:
• Abbott Inc.
• Dextronics Inc.
• Medtronic
• Boston Scientific Corp.
• Integer Holding Corp.
Abbott’s Prodigy MRI SCS system provides an effective pain relief using their small
IPG which is available with their BurstDR stimulation which is a better pain reliever
than the traditional neurostimulation and such a new approach will help them gain
more market traction during the forecast period. Boston Scientific Corp’s Precision
Spectra IPG has an advantage of having a rechargeable battery which increases the
longevity of the product and reducing device replacement surgery cost and this will
help them gain a significant market share during the forecast period.
FutureWise Key Takeaways:
• Growth prospects
• SWOT analysis
• Key trends
• Key data-points affecting market growth
Objectives of the Study:
• To provide with an exhaustive analysis on the global implantable pulse generator
market by region, by device placement, by application, by end user
• To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
• To evaluate and forecast micro-markets and the overall market
• To predict the market size, in key regions (along with countries)—North America,
Europe, Asia Pacific, Latin America, and rest of the world
• To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and
core competencies
Table of Contents
Introduction
Scope and Objective
Assumptions and Acronyms
Forecast Factors
Research Methodology
Executive Summary
Industry Cluster Analysis
Competition Matrix
Strategies Recommendations
Market Definition
Report Scope (Inclusions & Exclusions)
Market Segmentation
Global Implantable Pulse Generator Market Overview
Global Implantable Pulse Generator Market Revenue (USD Mn)
Key Inclusions
Porter’s Five Force analysis
Market Dynamics
Industry Trends
Regulatory Guidelines
Opportunities in Implantable Pulse Generator
Competition Dynamics
Company Share Analysis (2019)
Top 10 Product Pricing by Region
Global Implantable Pulse Generator Market Revenue (USD Mn), 2019-2026 by
Product Type
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Product Type,
2019-2026
Rechargeable
Non-rechargeable
Global Implantable Pulse Generator Market Revenue (USD Mn), 2019-2026 by
End User
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Clinics
Outpatient Centres
Homecare Settings
Global Implantable Pulse Generator Market Revenue (USD Mn), 2019-2026 by
Region
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Region,2026
North America
Latin America
Europe
Asia Pacific
Rest of world
North America Implantable Pulse Generator Market Revenue (US$ Mn), 20192026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
US
Canada
Market Revenue (USD Mn) Assessment and Forecast by Product Type,
2019-2026
Rechargeable
Non-rechargeable
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Clinics
Outpatient Centres
Homecare Settings
Latin America Implantable Pulse Generator Market Revenue (US$ Mn), 20192026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
Brazil
Mexico
Argentina
Rest of Latin America
Market Revenue (USD Mn) Assessment and Forecast by Product Type,
2019-2026
Rechargeable
Non-rechargeable
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Clinics
Outpatient Centres
Homecare Settings
Europe America Implantable Pulse Generator Market Revenue (US$ Mn), 20192026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
Germany
France
Spain
UK
Russia
Poland
Rest of Europe
Market Revenue (USD Mn) Assessment and Forecast by Product Type,
2019-2026
Rechargeable
Non-rechargeable
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Clinics
Outpatient Centres
Homecare Settings
Asia Pacific America Implantable Pulse Generator Market Revenue (US$ Mn),
2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
Emerging Asia
China
India
ASEAN-5
Rest of Emerging Asia
Japan
Market Revenue (USD Mn) Assessment and Forecast by Product Type,
2019-2026
Rechargeable
Non-rechargeable
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Clinics
Outpatient Centres
Homecare Settings
Rest of World America Implantable Pulse Generator Market Revenue (US$ Mn),
2019-2026
Key Market Findings
Long Term ROI Segments
Revenue Opportunity Influencing Factors
Market Revenue (USD Mn) Assessment and Forecast by Country, 20192026
Middle East
South Africa
North Africa
Rest of World
Market Revenue (USD Mn) Assessment and Forecast by Product Type,
2019-2026
Rechargeable
Non-rechargeable
Market Revenue (USD Mn) Assessment and Forecast by End User, 20192026
Hospitals
Clinics
Outpatient Centres
Homecare Settings
Company Profiles
Competition Landscape
Global Company Share (USD Mn) Overview, 2019
Company Profiles
Abbott
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Nevro Corporation
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
BioControl Medical
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Integer Holdings Corporation
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Medtronic Inc.
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Synapse Biomedical, Inc.
Corporate Overview
Financial Performance
Peer Comparison & 3C marketing equation
Company Strategy & Channel Management
Research Sources & Primary Verbatim
Inquire further details about this report at: [email protected]
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