Market Overview:
The global bio-electronic market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and technological advancements in bio-electronics. The global bio-electronic technology market is expected to grow at a CAGR of 11.1% from 2018 to 2030. This growth can be attributed to the increasing demand for minimally invasive surgeries and technological advancements in bio-electronics. The global bio-electric devices market is expected grow at a CAGR of 10% from 2018to 2030 owing ot the increase use if these devices for disease diagnosis.
Product Definition:
Bio-electronics is the study of how electronic devices can interface with biological systems. The study of bio-electronics is important because it could lead to the development of new medical treatments, such as using electrical stimulation to treat conditions like Parkinson's disease.
Bio-Electronic Technology:
Bio-electronic technology is the integration of electronics and living systems. Bio-electronics are devices that use bio-processors to perform desired functions. This technology has evolved from nanotechnology, molecular biology, and biophysics research results which have led to novel innovations in areas such as neurocomputing, bionano computing & biosensors along with new applications in genetic sequencing & cell communication.
Bio-Electronic Devices:
Bio-electronic devices are living systems which interact with the environment through electrical and electrochemical signals. Bio-electronic systems are used in various applications such as medical, security, chemical sensors, environmental monitoring and control system etc. Bio-Electronic market is segmented on the basis of product type into implantable bio-electronics & wearable bio - electronics.
Application Insights:
On the basis of application, the global bio-electronic market is segmented into disease prevention, disease diagnosis and treatment, and biomedical research. The disease prevention segment dominated the overall market in terms of revenue share in 2017. This can be attributed to a growing population coupled with an increase in lifestyle disorders such as obesity & diabetes that leads to increased demand for technologically advanced healthcare products across the globe.
The increasing prevalence of chronic diseases such as cancer, cardiovascular diseases (CVDs), respiratory problems including asthma and allergies has created a high demand for diagnostic devices that are capable of providing non-invasive medical images along with effective treatment options thereby driving this application segment over the forecast period.
Disease diagnosis is anticipated to witness lucrative growth over next six years owing to increasing R&D investments by various companies especially after 2014 when U.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of major players, technological advancements, and high adoption rate of technologically advanced products. The U.S.-based companies are involved in research activities to develop bioelectronic devices for diagnosis and treatment of various diseases that affect human body as well as brain cells.
Asia Pacific is expected to grow at a lucrative CAGR over the forecast period owing to increasing government initiatives for development of healthcare infrastructure coupled with rising awareness among people about bio-electronic medicine & devices used in diagnosis & treatment procedures associated with it. Moreover, growing medical tourism industry due to affordable treatments offered by countries like Japan is also anticipated boost growth prospects for this region during the forecast period from 2018 To 2030 (Ref: World Travel & Tourism Council).
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for bioelectronic devices is expected to grow at a CAGR of over 9% during the forecast period. This can be attributed to the increasing demand for minimally invasive surgeries, which are less risky and cause less pain and scarring than traditional surgery.
- Growing prevalence of chronic diseases: The global market for bioelectronic devices is also expected to benefit from the growing prevalence of chronic diseases such as diabetes, heart disease, and arthritis. These conditions can be treated with bioelectronic devices that help regulate the body's electrical signals.
- Advances in technology: The development of new technologies such as nanotechnology and 3D printing is likely to spur growth in the global market for bioelectronic devices over the next few years. These technologies will help manufacturers develop more advanced and efficient devices that can be used to treat a wider range of medical conditions.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bio-Electronic Market Research Report
By Type
Bio-Electronic Technology, Bio-Electronic Devices, Bio-Electronic Medicine
By Application
Disease Prevention, Disease Diagnose and Treatment, Biomedical Research
By Companies
Bioelectronics Corporation, Avago, Honeywell International, Danaher Corporations, Omnivision Technologies, Sensirion, Medtronics, BodyMedia, Sotera Wireless, Siemens, Bioelectronics Corporation, Universal Biosensors, Abbott, Beckman Coulter, Life Sensors
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Bio-Electronic Market Report Segments:
The global Bio-Electronic market is segmented on the basis of:
Types
Bio-Electronic Technology, Bio-Electronic Devices, Bio-Electronic Medicine
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Disease Prevention, Disease Diagnose and Treatment, Biomedical Research
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bioelectronics Corporation
- Avago
- Honeywell International
- Danaher Corporations
- Omnivision Technologies
- Sensirion
- Medtronics
- BodyMedia
- Sotera Wireless
- Siemens
- Bioelectronics Corporation
- Universal Biosensors
- Abbott
- Beckman Coulter
- Life Sensors
Highlights of The Bio-Electronic Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bio-Electronic Technology
- Bio-Electronic Devices
- Bio-Electronic Medicine
- By Application:
- Disease Prevention
- Disease Diagnose and Treatment
- Biomedical Research
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bio-Electronic Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bio-electronic is a term used to describe the use of electronic devices in biology and medicine. Bio-electronics can be used for a variety of purposes, including monitoring and diagnosing medical conditions, controlling medical devices, and delivering treatments.
Some of the key players operating in the bio-electronic market are Bioelectronics Corporation, Avago, Honeywell International, Danaher Corporations, Omnivision Technologies, Sensirion, Medtronics, BodyMedia, Sotera Wireless, Siemens, Bioelectronics Corporation, Universal Biosensors, Abbott, Beckman Coulter, Life Sensors.
The bio-electronic market is expected to register a CAGR of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bio-Electronic Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Bio-Electronic Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Bio-Electronic Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Bio-Electronic Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Bio-Electronic Market Size & Forecast, 2020-2028 4.5.1 Bio-Electronic Market Size and Y-o-Y Growth 4.5.2 Bio-Electronic Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bio-Electronic Technology
5.2.2 Bio-Electronic Devices
5.2.3 Bio-Electronic Medicine
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Disease Prevention
6.2.2 Disease Diagnose and Treatment
6.2.3 Biomedical Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bio-Electronic Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bio-Electronic Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bio-Electronic Technology
9.6.2 Bio-Electronic Devices
9.6.3 Bio-Electronic Medicine
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Disease Prevention
9.10.2 Disease Diagnose and Treatment
9.10.3 Biomedical Research
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bio-Electronic Technology
10.6.2 Bio-Electronic Devices
10.6.3 Bio-Electronic Medicine
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Disease Prevention
10.10.2 Disease Diagnose and Treatment
10.10.3 Biomedical Research
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bio-Electronic Technology
11.6.2 Bio-Electronic Devices
11.6.3 Bio-Electronic Medicine
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Disease Prevention
11.10.2 Disease Diagnose and Treatment
11.10.3 Biomedical Research
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bio-Electronic Technology
12.6.2 Bio-Electronic Devices
12.6.3 Bio-Electronic Medicine
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Disease Prevention
12.10.2 Disease Diagnose and Treatment
12.10.3 Biomedical Research
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bio-Electronic Technology
13.6.2 Bio-Electronic Devices
13.6.3 Bio-Electronic Medicine
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Disease Prevention
13.10.2 Disease Diagnose and Treatment
13.10.3 Biomedical Research
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bio-Electronic Market: Competitive Dashboard
14.2 Global Bio-Electronic Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bioelectronics Corporation
14.3.2 Avago
14.3.3 Honeywell International
14.3.4 Danaher Corporations
14.3.5 Omnivision Technologies
14.3.6 Sensirion
14.3.7 Medtronics
14.3.8 BodyMedia
14.3.9 Sotera Wireless
14.3.10 Siemens
14.3.11 Bioelectronics Corporation
14.3.12 Universal Biosensors
14.3.13 Abbott
14.3.14 Beckman Coulter
14.3.15 Life Sensors