How the Implantable Pulse Generator Market is Positioned for Growth: Trends, Market Size, and Future Opportunities (2025-2034)
2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!
Which Primary Drivers Are Supporting the Continued Market Growth of theImplantable Pulse Generator Market?
The increase in neurological disorders is forecasted to fuel the expansion of the implantable pulse generator market. Neurological disorders encompass conditions that affect the brain, spinal cord, and nervous system, and alter functions like motion, sensation, and cognition. The growth in neurological disorders is commonly linked to aging populations, shifts in lifestyle, environmental effects, and enhanced diagnostics. Implantable pulse generators serve as a solution to neurological disorders by generating precise electrical impulses that correct abnormal neural activities and ease symptoms. For example, the Parkinson Foundation, a nonprofit organization based in the U.S., reported in December 2022, that by 2020, 930,000 U.S. citizens were diagnosed with Parkinson’s disease (PD). This figure is expected to reach 1.2 million by 2030. Consequently, the increasing prevalence of neurological disorders is propelling the implantable pulse generator market’s growth.
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#What Long-Term Growth Rate is Expected for theImplantable Pulse Generator Market Between 2025 and 2034?
The market for implantable pulse generators has been expanding swiftly in the past few years. The market is expected to increase from $133.75 billion in 2024 to reach $148.38 billion in 2025, with a compound annual growth rate (CAGR) of 10.9%. Factors influencing the growth during the historic period included the rise in home healthcare facilities, an increased use of neuromodulation in managing diseases, an improved rate of patient diagnosis, an elevated usage of medical devices, and greater patient awareness.
The market size of implantable pulse generators is projected to expand swiftly in the forthcoming years, reaching $222.76 billion in 2029, with a compound annual growth rate (CAGR) of 10.7%. The anticipated expansion during the forecast period is mainly due to factors like increasing healthcare expenditure, people’s inclination towards less invasive procedures, positive reimbursement frameworks, broadened areas of application, and the rise in usage of implant therapies. Some notable trends anticipated during the forecast period are miniaturizing devices, improved battery lifespan, progression of wireless connectivity, intelligent implantable devices, and the incorporation of artificial intelligence and machine learning.
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How Are Consumer Market Innovations Shaping the Current and Future Landscape of theImplantable Pulse Generator Market?
Leading entities in the implantable pulse generator marketplace are prioritizing the development of cutting-edge neuromodulation equipment to boost treatment effectiveness, upgrade patient results, and broaden the utility of these devices against a wider array of neurological disorders. Neuromodulation devices, essentially medical pieces of equipment, are crafted to modify neural activity through direct transmission of electrical or pharmaceutical agents to designated regions of the nervous system. For example, in November 2022, CVRx Inc., a US-based medical device enterprise, introduced the innovative Barostim NEO2 IPG, an implantable pulse generating device for patients undergoing treatment. The Barostim system employs neuromodulation to enhance symptoms of heart failure by releasing electrical impulses to the carotid artery wall’s baroreceptors. This action incites the body’s baroreflex, initiating an automatic response in the heart. The treatment aims to reestablish balance in the autonomic nervous system and alleviate symptoms linked to heart failure.
Who Are the Key Market Players Influencing the Growth of the Corn and Implantable Pulse Generator Industry?
Major companies operating in the implantable pulse generator market are Abbott Laboratories, Medtronic PLC, Boston Scientific Corporation, Integer Holdings Corporation, Livanova plc, Inspire Medical Systems Inc., Nevro Corp, Impulse Dynamics Ltd., Valtronic Inc., NeuroPace Inc., SPR Therapeutics Inc., Stimwave LLC, SetPoint Medical, ReShape Lifesciences Inc., Synapse Biomedical Inc., Nuvectra Medical Inc., NeuroSigma Inc., Nalu Medical Inc., MainStay Medical International PLC, Dextronix Inc., BioControl Medical Inc.
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Which Key Market Segments Comprise the Implantable Pulse Generator Market and Drive Its Revenue Growth?
The implantable pulse generator market covered in this report is segmented –
1) By Product: Implantable Cardiac Pacemakers, Implantable Defibrillators, Cochlear Implants, Implantable Nerve Stimulators (Fes), Implantable Infusion Pumps, Implantable Active Monitoring Devices
2) By Charging Type: Rechargeable, Non Rechargeable
3) By Application: Cardiovascular Diseases, Movement Disorders, Orthopedic Diseases, Other Applications
4) By End User: Hospitals, Ambulatory Surgical Centers, Home Care Settings, Clinics
Subsegments:
1) By Implantable Cardiac Pacemakers: Single-Chamber Pacemakers, Dual-Chamber Pacemakers, Biventricular Pacemakers
2) By Implantable Defibrillators: Implantable Cardioverter Defibrillators (ICD), Subcutaneous Implantable Defibrillators (S-ICD)
3) By Cochlear Implants: Single-Channel Cochlear Implants, Multi-Channel Cochlear Implants
4) By Implantable Nerve Stimulators (Fes): Functional Electrical Stimulation (FES) Devices For Motor Function Restoration, Spinal Cord Stimulation Devices
5) By Implantable Infusion Pumps: Insulin Pumps, Pain Management Pumps, Intrathecal Drug Delivery Pumps
6) By Implantable Active Monitoring Devices: Continuous Glucose Monitoring Systems, Cardiac Monitoring Devices, Neurological Monitoring Devices
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Which Regions Are Emerging as Leaders in the Implantable Pulse Generator Market?
North America was the largest region in the implantable pulse generator market in 2023. The regions covered in the implantable pulse generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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