Gastric Electrical Stimulators Market size is estimated to be USD 1.2 Billion in 2024 and is expected to reach USD 2.5 Billion by 2033 at a CAGR of 9.5% from 2026 to 2033.
The global Gastric Electrical Stimulators (GES) market was valued at approximately USD 1.2 billion in 2022 and is expected to grow at a CAGR of 6.5% from 2022 to 2030. This growth is driven by the increasing prevalence of gastrointestinal disorders such as obesity and gastroparesis, along with rising patient demand for non invasive treatment options. North America held the largest share of the GES market in 2022, accounting for around 45% of the total market share. The market in this region is projected to expand due to the growing awareness of advanced therapeutic solutions and an increasing number of gastric related surgeries. Europe is expected to follow closely, with a share of approximately 30%, due to favorable healthcare infrastructure and regulatory environments for medical devices.
The Asia Pacific region is anticipated to experience the highest growth rate in the GES market during the forecast period. The regions expanding healthcare sector, rising awareness about gastric disorders, and increasing disposable income contribute to this upward trajectory. With the growing focus on the treatment of obesity and metabolic diseases in countries such as China and India, the market for gastric electrical stimulators is expected to see a significant rise. Latin America and the Middle East & Africa regions are projected to witness steady growth, driven by gradual advancements in healthcare technology and an increasing need for innovative medical treatments for gastric conditions.
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Medtronic
Reshape LifeSciences
IntraPace
Stanford Health Care
Metacure
Medtronic
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Gastric Electrical Stimulators Market
Implantable Gastric Electrical Stimulators
Transdermal Gastric Electrical Stimulators
External Gastric Electrical Stimulators
Obesity Management
Gastroparesis Treatment
Chronic Nausea Management
Hospitals
Ambulatory Surgical Centers
Long-term Care Facilities
Home Care Settings
High-Frequency Stimulation
Low-Frequency Stimulation
Adaptive Stimulus Technology
Direct Sales
Distributors and Dealers
Online Sales
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Gastric Electrical Stimulators Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Gastric Electrical Stimulators Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Gastric Electrical Stimulators Market, By Type
6. Global Gastric Electrical Stimulators Market, By Application
7. Global Gastric Electrical Stimulators Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Gastric Electrical Stimulators Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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