Gastric Electric Stimulators Market
Gastric Electric Stimulators Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Gastric Electric Stimulators Market Size and Growth
The Gastric Electric Stimulators market is experiencing significant growth, driven by rising obesity rates and advancements in technology. As of 2023, the market size is estimated at approximately $500 million, with projections for continued expansion due to increasing demand for minimally invasive obesity treatment solutions and enhanced patient outcomes.
Companies Covered (Covid 19 Impact Covered)
◍ Medtronic
◍ IntraPace
◍ ReShape Lifesciences
The gastric electric stimulators market is competitive, with key players like Medtronic, IntraPace, ReShape Lifesciences, and Changzhou Ruishen Medical Equipment driving innovation. These companies enhance market growth through advanced technologies, strategic partnerships, and patient-focused solutions. Notable sales revenues include:
◍ Changzhou Ruishen Medical Equipment
- Medtronic: $30 billion (2022)
- ReShape Lifesciences: $25 million (2022)
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Market Segmentation
By Application
Hospitals
Outpatients Centers
Other
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By Product
Low Frequency GES Devices
High Frequency GES Devices
Market Growth
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$ X Billion USD
