Bioelectric Medicine Market Regional Analysis, Key Players, Opportunities and Forecast to 2030
Bioelectric Medicine Market The bioelectric medicine market can anticipate reaching USD 31.65 billion by 2030 while attaining a 6.46% CAGR from 2022 to 2030, reveals Market Research Future (MRFR). Bioelectric medicine, also known as electroceuticals, is an emerging field in healthcare that aims to treat various medical conditions using electrical impulses. These electrical impulses are delivered through implantable devices or non-invasive methods, such as transcutaneous electrical nerve stimulation (TENS) or transcranial magnetic stimulation (TMS). Primary Boosters and Restraints By combining bioengineering, molecular medicine, and neurology, bioelectric medicine creates nerve-stimulating devices for the control of biological processes during disease treatment. The main factor projected to drive the market is the increased prevalence of chronic diseases like cardiac and neurological problems. According to the CDC, over 610 thousand Americans per year pass away from cardiac p...