Global Gastric Electrical Stimulators Market: Overview
Gastric electrical stimulator (GES) is a small, battery-operated gastric neurostimulator, which is implanted beneath the skin in the lower abdominal area for the treatment for gastroparesis. The device consists of two insulated wires called leads, which are implanted in the stomach wall muscle and connected to the neurostimulator. The leads deliver mild electrical pulses to stimulate the smooth muscles of the lower stomach and control the symptoms of gastroparesis such as chronic nausea and vomiting in patients aged 18 to 70.
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Global Gastric Electrical Stimulators Market: Key Trends
Rise in prevalence of delayed gastric emptying, also known as gastroparesis, is a major driver of the global gastric electrical stimulators market. Gastroparesis is a gastric motor disorder which leads to chronic nausea and vomiting and results in frequent hospital admissions and poor quality of life of patients. Gastroparesis is often associated with diabetes and can occur along with gastrointestinal disorders such as gastric ulcer, achalasia, atrophic gastritis, and celiac disease. This is projected to fuel demand for gastric electrical stimulators in the near future. Moreover, favorable reimbursement policies for gastric electric stimulation is anticipated to boost the global market during the forecast period. However, complications associated with GES including infection, bleeding, bruising, implant site pain, gastric perforation, lead penetration, bowel obstruction or perforation, irritation/inflammation over implant site, lead entanglement or erosion, and device mechanical or electrical problem are expected to restrain the global market in the next few years.
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Global Gastric Electrical Stimulators Market: Segmentation
The global gastric electrical stimulators market can be segmented based on product, application, end-user, and region. In terms of product, the market can be bifurcated into high frequency and low frequency gastric electrical stimulators. Based on application, the global gastric electrical stimulators market can be classified into gastroparesis and obesity. The gastroparesis segment held major share of the market in 2017 and is anticipated to sustain its dominant position throughout the forecast period. In terms of end-user, the market can be divided into hospitals, ambulatory surgical centers, and others. The hospitals segment is expected to dominate the global market during the forecast period owing to large number of gastrointestinal surgeries performed in these facilities.
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Global Gastric Electrical Stimulators Market: Regional Analysis
The global gastric electrical stimulators market can be segmented into five major regions: North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. North America is projected to account for the largest share of the global market between 2018 and 2026. Rise in the number of gastrointestinal surgical procedures performed in the U.S., high prevalence of gastroparesis, and favorable regulatory and reimbursement policies for GES are anticipated augment the market in the country. Rise in prevalence of obesity and diabetic gastroparesis in countries in Europe is expected to propel demand for GES in the country. Large patient pool and rapid adoption of western lifestyle leading to increased risk of chronic disorders such as obesity, diabetes, and gastrointestinal disorders in the developing countries including India and China are the key factors likely to augment the gastric electrical stimulators market in Asia Pacific.
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Global Gastric Electrical Stimulators Market: Competitive Landscape
Key players operating in the global gastric electrical stimulators market are Medtronic, Reshape LifeSciences, Inc., and IntraPace, Inc. These players invest in research and development to launch innovative products to expand product portfolio and customer base globally. For instance, Medtronic launched Enterra system, which stimulates the smooth muscles of the lower stomach and helps to control the chronic nausea and vomiting associated with gastroparesis. The device is the only FDA-approved gastric electric stimulator for the treatment of gastroparesis across the globe.
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