The latest report pertaining to Electroconvulsive Therapy Devices provides a detailed analysis regarding market size, revenue estimations and growth rate of the industry. In addition, the report illustrates the major obstacles and newest growth strategies adopted by leading manufacturers who are a part of the competitive landscape of this market.
The Global Demand for Electroconvulsive Therapy Devices Market, in terms of revenue, was estimated to be USD 14.36 Million in 2018 and is expected to reach USD 16.20 Million in 2025, growing at a CAGR of 1.69% from 2019 to 2025.
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Electroconvulsive Therapy Devices Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate ECT Market place for the forecast 2019– 2025.
Scope of The Report:
The study provides a crucial view of global ECT Market by segmenting the market based on product type, application and region. On the basis of product type, global electroconvulsive therapy devices market is segmented as unilateral and bilateral. On the basis of application, the market is segmented into hospitals, specialty clinics, mental hospitals and others. The regions covered in global electroconvulsive therapy devices market are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, global electroconvulsive therapy devices market sub-divided into U.S., Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Brazil, Mexico, GCC, Africa, etc.
ECT is treatment considered as most safe and effective for certain psychiatric illnesses. ECT is the most common treatment executed for severe or major type of depression. Though, the mechanism of action for this treatment is not fully known. It is said to be affecting central nervous system components such as hormones, neurotransmitters, neurotropic factors and neuropeptides. ECT is a procedure, done under general anesthesia, in which small electric currents are passed through the brain, intentionally triggering a brief seizure.
Mecta, Ectron, I.E. Somatic, St.Jude Medical, Others
Key Market Segments:
ECT appears to cause changes in brain chemistry that can rapidly reverse symptoms of certain mental health conditions. Furthermore, changing lifestyle and increasing exposure to harmful toxins are also expected to attribute to the increasing usage of the device. The occurrence of schizophrenia was approximately 1.1% for the 18 years and above population in 2010. According to the report of National Alliance on Mental Illness, 1 out of 5 adults in the US experience mental illness. Additionally, increasing smoking rate, tobacco consumption and incidence of bacterial infection causing mental instability are the factors primarily responsible for growing cases of mental disorder. According to World Health Organization (WHO), in 2015, over 1.1 billion people smoked tobacco globally. So, increasing long term use of substance abuse linked to depression and anxiety (for example, smoking and tobacco consumption) is expected to increase the usage of ECT devices and foster the market growth within the forecast period.
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Global market report covers in depth historical and forecast analysis.
Global market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global market report helps to identify opportunities in market place.
Global market report covers extensive analysis of emerging trends and competitive landscape.
Market by Regional Analysis
North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa
The product type segment of market is dominated by XXXX by capturing the largest market share XX% in year 2018. The application segment is dominated by XXXX by capturing XXXX% share of this market in the year 2018.
XXX held the largest market share of xx% in 2018. In XX the XXXX is one and the major revenue contributing countries will always have a special role in the global market. XXXX also holds an important role in global ECT market. XXX Market is valued at xx million USD in 2017 and is estimated to reach xx million USD in 2025, growing with a CAGR of XX. XX being the most advancing region is likely to occupy a higher ECT Market share by the end of 2025.
North America held the largest market share of xx% in 2018. In North America the United States is one and the major revenue contributing countries will always have a special role in the global market. High prevalence of mental disorders is one of the key growth factor in this region. According to the report of National Alliance on Mental Illness, 1 out of 5 adults in the US experience mental illness. XXXX also holds an important role in global ECT market. XXX Market is valued at xx million USD in 2017 and is estimated to reach xx million USD in 2025, growing with a CAGR of XX. XX being the most advancing region is likely to occupy a higher ECT share by the end of 2025.
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By Regional & Country Analysis:
Middle East and Africa
Rest of Middle East and Africa
Table of Content
Chapter 1 Global Electroconvulsive Therapy Devices Market: Summary and Quantitative Analysis
1.1 Report Description
1.2 Global Electroconvulsive Therapy Devices Market Revenue Overview
1.3 Global Electroconvulsive Therapy Devices Market Revenue (USD Billion) and Growth (%) Rate, 2015- 2025
Chapter 2 Global Electroconvulsive Therapy Devices Market: Overview and Qualitative Analysis
2.1 Executive Summary
2.2 Market Drivers
2.2.1 Increasing need to improve the process in order to comply with new standards is anticipated to witness a high growth of Electroconvulsive Therapy Devices Market
2.3 Market Restraints
2.4 Market Opportunities
2.5 Market Trends
2.6 Global Electroconvulsive Therapy Devices Market: SWOT Analysis
2.7 Global Electroconvulsive Therapy Devices Market: PEST Analysis
2.8 Global Electroconvulsive Therapy Devices Market: Attractiveness Analysis
2.8.1 Global Electroconvulsive Therapy Devices Market: Attractiveness Analysis by Type
2.8.2 Global Electroconvulsive Therapy Devices Market: Attractiveness Analysis by Grade
2.8.3 Global Electroconvulsive Therapy Devices Market: Attractiveness Analysis by Regional
Chapter 3 Competitive Analysis
3.1 Global Electroconvulsive Therapy Devices Market
3.1.1 Global Electroconvulsive Therapy Devices market Revenue (USD Billion), By Players 2018
3.1.2 Global Electroconvulsive Therapy Devices Market Revenue Share (%), By Players 2018
Chapter 5 Global Electroconvulsive Therapy Devices Market: By Types
Chapter 6 Global Electroconvulsive Therapy Devices Market: By Application
Chapter 7 North America Electroconvulsive Therapy Devices Market Analysis
Chapter 8 Europe Electroconvulsive Therapy Devices Market Analysis
Chapter 9 Asia Pacific Electroconvulsive Therapy Devices Market Analysis
Chapter 10 Latin America Electroconvulsive Therapy Devices Market Analysis
Chapter 11 Middle East & Africa Electroconvulsive Therapy Devices Market Analysis
Chapter 12 Competitive Analysis
12.1.1 Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
12.1.2 Mecta. Total Company Revenue 2015-2018
12.1.3 Mecta. Total Company Revenue, By Segment of Business 2015-2018
12.1.4 Mecta. Total Company Revenue, By Region 2015-2018
12.1.5 Mecta. Global Electroconvulsive Therapy Devices Product Category and Description
12.1.6 Mecta. Recent Activity 2015-2019
12.1.7 Main Business/Business Overview
12.1.8 Business Strategy
12.1.9 SWOT Analysis
12.3 I.E. Somatic
12.4 St.Jude Medical
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