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Electroconvulsive Therapy Devices Market Size By Application, Industry Analysis Report, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Share & Forecast 2023 - 2030

ID : MRU_1743 | Date : Jan, 2023 | Pages : 180 | Region : Global

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Electroconvulsive Therapy (ECT) is treatment considered most safe and effective for certain psychiatric disorders. ECT is the most common treatment performed for severe or major type of depression. Though mechanism of action for this treatment is not fully known. It is said to be effecting central nervous system components such as hormones, neurotransmitters, neurotropic factors and neuropeptides. The process of generalize seizure is required for both the beneficial and adverse effect of ECT. Many studies have shown reduction of glucose metabolism in anterior and posterior part of brain in study of before and after procedure of ECT. Though this treatment is said to be effective for many psychiatric disorder there are significant controversies related to this procedure. Some study have concluded ECT procedure just marginally more effective that other placebo procedures. This procedure is viewed harmful by general population and mental health professionals. Despite of all the controversies ECT is used by US and is endorsed by the American Psychiatric Association. Professional associations of Canada, Netherlands, Germany, Austria, Denmark and India have professional guidelines to use ECT.
The increasing cases of mental illness due to brain injuries, Bacterial infections causing mental disorders and increasing long term use of substance abuse linked to depression and anxiety is expected to increase the usage of ECT device. Changing life style and increasing exposure to harmful toxins is expected to attribute to the increasing usage of the device. 
Growing incidence of mental disorders and demand for treatment options for severe mental illness are the factors driving the growth of global electroconvulsive therapy devices market. Advancements in technology and development for study of brain is believed to play the crucial role in the growth of global electroconvulsive therapy devices market over the forecast period.
The Global Electroconvulsive Therapy Devices Market was valued at xxx million USD with a CAGR xx% from 2018-2022. Subsequently, it will touch xxx million USD in 2023 with a CAGR xx % from 2023-2030.

In the global Electroconvulsive Therapy Devices Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-
Mecta
Ectron
I.E. Somatic
St.Jude Medical


In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :
Unilateral
Bilateral

In Market segmentation by applications :
Hospitals
Specialty Clinics
Mental Hospitals
Others

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Electroconvulsive Therapy Devices Market for the forecast period 2023-2030?
• What are the driving forces in the Electroconvulsive Therapy Devices Market for the forecast period 2023-2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Electroconvulsive Therapy Devices industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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