Global Electroconvulsive Therapy Devices Market by Type (Unilateral, Bilateral), By Application (Hospitals, Specialty Clinics, Mental Hospitals, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
The Global Electroconvulsive Therapy Devices Market size is projected to reach USD 1.94 billion by 2028, at a CAGR of 7%. It is driven by factors such as high prevalence of mental disorders, increasing demand for alternative therapies like ECT, technological advancements and increasing awareness about benefits associated with ECT among the public. However, various side effects (memory loss) associated with ECT may hinder the market growth during the forecast period.
Electroconvulsive Therapy or ECT refers to a treatment for mental disorders that involves administering an electrical current to the brain. The devices used are called electrodes and they are placed on the head of patients undergoing this form of treatment. These devices can be unilateral, bilateral, or transcranial depending on their application in differing situations. ECT is administered when all other treatments have failed in order to treat severe depression, bipolar disorder, and schizophrenia which do not respond well to any kind of medication including antidepressants and antipsychotics.
On the basis of Type, the market is segmented into Unilateral and Bilateral.
Unilateral Electroconvulsive Therapy Devices:
Unilateral Electroconvulsive Therapy (ECT) is a common and widely used form of ECT. In this procedure, the patient's head is fitted with an electrode that delivers electric current to one side of the brain only in order to cause brief seizures. The seizure may be triggered by applying electricity through the electrodes on both sides simultaneously or just from one electrode placed on either side depending upon how high up on the forehead it is applied. This procedure usually lasts for five seconds but can go up to 20 seconds if required.
Bilateral Electroconvulsive Therapy Devices:
Bilateral Electroconvulsive Therapy is a procedure where two electrodes are placed on the head and electric current is passed through both sides of the brain. This produces bilateral seizures that generally last for 25 seconds or even up to one minute, depending upon various factors like age, health condition, seizure threshold, etc.
On the basis of Application, the market is segmented into Hospitals, Specialty Clinics, Mental Hospitals, and Others. The market is dominated by the hospital segment in terms of revenue followed by specialty clinics and mental hospitals segments respectively.
On the basis of Region, the market is segmented into North America, Latin America, Europe, and the Asia Pacific. The market in the European region is expected to grow at a significantly higher rate due to the rise in awareness about ECT treatments.
Up Market Research published a new report titled “Electroconvulsive Therapy Devices Market research report which is segmented by Types (Unilateral, Bilateral), By Applications (Hospitals, Specialty Clinics, Mental Hospitals, Others), By Players/Companies Mecta, Ectron, I.E. Somatic, St.Jude Medical”.
Report Scope
Report Attributes | Report Details |
Report Title | Electroconvulsive Therapy Devices Market Research Report |
By Type | Unilateral, Bilateral |
By Application | Hospitals, Specialty Clinics, Mental Hospitals, Others |
By Companies | Mecta, Ectron, I.E. Somatic, St.Jude Medical |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 219 |
Number of Tables & Figures | 154 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
Global Electroconvulsive Therapy Devices Market Report Segments:
The market is segmented by Type Unilateral, Bilateral and By Application Hospitals, Specialty Clinics, Mental Hospitals, Others.
Some of the companies that are profiled in this report are:
- Mecta
- Ectron
- I.E. Somatic
- St.Jude Medical
Electroconvulsive Therapy Devices Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Electroconvulsive Therapy Devices Market
Overview of the regional outlook of the Electroconvulsive Therapy Devices Market:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
Highlights of The Electroconvulsive Therapy Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Electroconvulsive Therapy Devices Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Unilateral
2. Bilateral
7. By Application:1. Hospitals
2. Specialty Clinics
3. Mental Hospitals
4. Others
- 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 Electroconvulsive Therapy Devices 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 2028.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Electroconvulsive Therapy Devices Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Market Size & Forecast, 2018-2028
4.5.1 Electroconvulsive Therapy Devices Market Size and Y-o-Y Growth
4.5.2 Electroconvulsive Therapy Devices Market Absolute $ Opportunity
Chapter 5 Global Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Market Size Forecast by Type
5.2.1 Unilateral
5.2.2 Bilateral
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialty Clinics
6.2.3 Mental Hospitals
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Analysis and Forecast
9.1 Introduction
9.2 North America Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Market Size Forecast by Type
9.6.1 Unilateral
9.6.2 Bilateral
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 Electroconvulsive Therapy Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialty Clinics
9.10.3 Mental Hospitals
9.10.4 Others
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 Electroconvulsive Therapy Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Market Size Forecast by Type
10.6.1 Unilateral
10.6.2 Bilateral
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 Electroconvulsive Therapy Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialty Clinics
10.10.3 Mental Hospitals
10.10.4 Others
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 Electroconvulsive Therapy Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Market Size Forecast by Type
11.6.1 Unilateral
11.6.2 Bilateral
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 Electroconvulsive Therapy Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialty Clinics
11.10.3 Mental Hospitals
11.10.4 Others
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 Electroconvulsive Therapy Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Electroconvulsive Therapy Devices 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 Electroconvulsive Therapy Devices Market Size Forecast by Type
12.6.1 Unilateral
12.6.2 Bilateral
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 Electroconvulsive Therapy Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialty Clinics
12.10.3 Mental Hospitals
12.10.4 Others
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) Electroconvulsive Therapy Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electroconvulsive Therapy Devices 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) Electroconvulsive Therapy Devices Market Size Forecast by Type
13.6.1 Unilateral
13.6.2 Bilateral
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) Electroconvulsive Therapy Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialty Clinics
13.10.3 Mental Hospitals
13.10.4 Others
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 Electroconvulsive Therapy Devices Market: Competitive Dashboard
14.2 Global Electroconvulsive Therapy Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mecta
14.3.2 Ectron
14.3.3 I.E. Somatic
14.3.4 St.Jude Medical