Global Bioelectric Medicine Market

The Global Bioelectric Medicine Market is estimated to grow at a CAGR of 6.41% during the forecast period 2019-2025. The market growth is majorly attributed to increasing prevalence of chronic diseases globally and increasing adoption of electroceuticals to treat numerous cardiac and neurological disorders such as Alzheimer's disease arrhythmia, dystonia, Obsessive-Compulsive Disorder (OCD), epilepsy, essential tremor and Parkinson's disease.

Also, the global bioelectric medicine growth is driven by growing geriatric population base worldwide that leads to growth in exigency of bioelectric medicine, growth in awareness related to application and benefits of bioelectric medicine, increasing amount of adverse drug reaction, limited success rate of drugs targeting specific disease, growing investments and funds for the development of novel therapeutics and electroceutical and increasing burden of diseases inciting the use of bioelectric medicine.