Diaphragm Pacing Therapy System Market
Diaphragm Pacing Therapy System - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Diaphragm Pacing Therapy System Market is accounted for $5.20 million in 2019 and is expected to reach $9.56 million by 2027 growing at a CAGR of 7.9% during the forecast period. Some of the key factors propelling the market growth include rising IMV (Invasive Mechanical Ventilation) complications leading to lung injury, muscle atrophy, and infection, ongoing global COVID-19 pandemic resulted in heightened usage of mechanical ventilators, rising prevalence of SCI and ALS, upsurge demand for ventilation requirements. However, risk of injury to the phrenic nerve during surgery and infection of implanted components are restraining the market growth.
A diaphragm pacing system is a lightweight, battery-powered electronic pacing system that electrically stimulates your diaphragm muscles and nerves. This causes your diaphragm to contract so that air is pulled into your lungs. It helps you breathe in a more normal fashion. The purpose of the device is to stimulate the phrenic nerves and activate the diaphragm in adult patients who have been mechanically ventilated and are unable to sustainably breathe without assistance from the mechanical ventilator.
By application, the spinal cord injury (SCI) segment is anticipated to gain popularity due to the increasing number & prevalence SCI cases annually. Furthermore, increasing vehicular crashes, accidents, falls, sports/recreation activities, and other acts of violence have upsurge the SCI patient count and subsequently the demand for diaphragm pacing therapy systems.
On the basis of geography, the Asia Pacific region is expected to grow at a lucrative rate during the forecast period. The growth can be attributed to the R&D investments to produce technologically advanced healthcare infrastructure. Furthermore, favourable government initiatives coupled with increasing per capita income is boosting the market growth.
Some of the key players in Diaphragm Pacing Therapy System Market include Lungpacer Medical, Inc, Atrotech, Avery Biomedical Devices, and Synapse Biomedical.
Products Covered:
• Diaphragm Pacemaker
• External Diaphragm Pacemaker
Applications Covered:
• Amyotrophic Lateral Sclerosis (ALS)
• Spinal Cord Injury (SCI)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Diaphragm Pacing Therapy System Market, By Product
5.1 Introduction
5.2 Diaphragm Pacemaker
5.3 External Diaphragm Pacemaker
6 Global Diaphragm Pacing Therapy System Market, By Application
6.1 Introduction
6.2 Amyotrophic Lateral Sclerosis (ALS)
6.3 Spinal Cord Injury (SCI)
7 Global Diaphragm Pacing Therapy System Market, By Geography
7.1 Introduction
7.2 North America
7.2.1 US
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 UK
7.3.3 Italy
7.3.4 France
7.3.5 Spain
7.3.6 Rest of Europe
7.4 Asia Pacific
7.4.1 Japan
7.4.2 China
7.4.3 India
7.4.4 Australia
7.4.5 New Zealand
7.4.6 South Korea
7.4.7 Rest of Asia Pacific
7.5 South America
7.5.1 Argentina
7.5.2 Brazil
7.5.3 Chile
7.5.4 Rest of South America
7.6 Middle East & Africa
7.6.1 Saudi Arabia
7.6.2 UAE
7.6.3 Qatar
7.6.4 South Africa
7.6.5 Rest of Middle East & Africa
8 Key Developments
8.1 Agreements, Partnerships, Collaborations and Joint Ventures
8.2 Acquisitions & Mergers
8.3 New Product Launch
8.4 Expansions
8.5 Other Key Strategies
9 Company Profiling
9.1 Lungpacer Medical, Inc
9.2 Atrotech
9.3 Avery Biomedical Devices
9.4 Synapse Biomedical
List of Tables
1 Global Diaphragm Pacing Therapy System Market Outlook, By Region (2018-2027) ($MN)
2 Global Diaphragm Pacing Therapy System Market Outlook, By Product (2018-2027) ($MN)
3 Global Diaphragm Pacing Therapy System Market Outlook, By Diaphragm Pacemaker (2018-2027) ($MN)
4 Global Diaphragm Pacing Therapy System Market Outlook, By External Diaphragm Pacemaker (2018-2027) ($MN)
5 Global Diaphragm Pacing Therapy System Market Outlook, By Application (2018-2027) ($MN)
6 Global Diaphragm Pacing Therapy System Market Outlook, By Amyotrophic Lateral Sclerosis (ALS) (2018-2027) ($MN)
7 Global Diaphragm Pacing Therapy System Market Outlook, By Spinal Cord Injury (SCI) (2018-2027) ($MN)
8 North America Diaphragm Pacing Therapy System Market Outlook, By Country (2018-2027) ($MN)
9 North America Diaphragm Pacing Therapy System Market Outlook, By Product (2018-2027) ($MN)
10 North America Diaphragm Pacing Therapy System Market Outlook, By Diaphragm Pacemaker (2018-2027) ($MN)
11 North America Diaphragm Pacing Therapy System Market Outlook, By External Diaphragm Pacemaker (2018-2027) ($MN)
12 North America Diaphragm Pacing Therapy System Market Outlook, By Application (2018-2027) ($MN)
13 North America Diaphragm Pacing Therapy System Market Outlook, By Amyotrophic Lateral Sclerosis (ALS) (2018-2027) ($MN)
14 North America Diaphragm Pacing Therapy System Market Outlook, By Spinal Cord Injury (SCI) (2018-2027) ($MN)
15 Europe Diaphragm Pacing Therapy System Market Outlook, By Country (2018-2027) ($MN)
16 Europe Diaphragm Pacing Therapy System Market Outlook, By Product (2018-2027) ($MN)
17 Europe Diaphragm Pacing Therapy System Market Outlook, By Diaphragm Pacemaker (2018-2027) ($MN)
18 Europe Diaphragm Pacing Therapy System Market Outlook, By External Diaphragm Pacemaker (2018-2027) ($MN)
19 Europe Diaphragm Pacing Therapy System Market Outlook, By Application (2018-2027) ($MN)
20 Europe Diaphragm Pacing Therapy System Market Outlook, By Amyotrophic Lateral Sclerosis (ALS) (2018-2027) ($MN)
21 Europe Diaphragm Pacing Therapy System Market Outlook, By Spinal Cord Injury (SCI) (2018-2027) ($MN)
22 Asia Pacific Diaphragm Pacing Therapy System Market Outlook, By Country (2018-2027) ($MN)
23 Asia Pacific Diaphragm Pacing Therapy System Market Outlook, By Product (2018-2027) ($MN)
24 Asia Pacific Diaphragm Pacing Therapy System Market Outlook, By Diaphragm Pacemaker (2018-2027) ($MN)
25 Asia Pacific Diaphragm Pacing Therapy System Market Outlook, By External Diaphragm Pacemaker (2018-2027) ($MN)
26 Asia Pacific Diaphragm Pacing Therapy System Market Outlook, By Application (2018-2027) ($MN)
27 Asia Pacific Diaphragm Pacing Therapy System Market Outlook, By Amyotrophic Lateral Sclerosis (ALS) (2018-2027) ($MN)
28 Asia Pacific Diaphragm Pacing Therapy System Market Outlook, By Spinal Cord Injury (SCI) (2018-2027) ($MN)
29 South America Diaphragm Pacing Therapy System Market Outlook, By Country (2018-2027) ($MN)
30 South America Diaphragm Pacing Therapy System Market Outlook, By Product (2018-2027) ($MN)
31 South America Diaphragm Pacing Therapy System Market Outlook, By Diaphragm Pacemaker (2018-2027) ($MN)
32 South America Diaphragm Pacing Therapy System Market Outlook, By External Diaphragm Pacemaker (2018-2027) ($MN)
33 South America Diaphragm Pacing Therapy System Market Outlook, By Application (2018-2027) ($MN)
34 South America Diaphragm Pacing Therapy System Market Outlook, By Amyotrophic Lateral Sclerosis (ALS) (2018-2027) ($MN)
35 South America Diaphragm Pacing Therapy System Market Outlook, By Spinal Cord Injury (SCI) (2018-2027) ($MN)
36 Middle East & Africa Diaphragm Pacing Therapy System Market Outlook, By Country (2018-2027) ($MN)
37 Middle East & Africa Diaphragm Pacing Therapy System Market Outlook, By Product (2018-2027) ($MN)
38 Middle East & Africa Diaphragm Pacing Therapy System Market Outlook, By Diaphragm Pacemaker (2018-2027) ($MN)
39 Middle East & Africa Diaphragm Pacing Therapy System Market Outlook, By External Diaphragm Pacemaker (2018-2027) ($MN)
40 Middle East & Africa Diaphragm Pacing Therapy System Market Outlook, By Application (2018-2027) ($MN)
41 Middle East & Africa Diaphragm Pacing Therapy System Market Outlook, By Amyotrophic Lateral Sclerosis (ALS) (2018-2027) ($MN)
42 Middle East & Africa Diaphragm Pacing Therapy System Market Outlook, By Spinal Cord Injury (SCI) (2018-2027) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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