An implantable pulse generator (IPG) is a medical device used to deliver electrical impulses to specific nerves or muscles within the body. It is commonly employed in neuromodulation therapies to manage conditions such as chronic pain or movement disorders. The IPG is surgically implanted under the skin and can be programmed to adjust stimulation levels as required.
The primary types of implantable pulse generators include implantable cardiac pacemakers, implantable defibrillators, cochlear implants, implantable nerve stimulators (functional electrical stimulation or FES), implantable infusion pumps, and implantable active monitoring devices. Implantable cardiac pacemakers, for example, are devices placed in the chest to regulate abnormal heart rhythms by delivering electrical impulses to stimulate the heart. They come in rechargeable and non-rechargeable variants and are used for cardiovascular diseases, movement disorders, orthopedic conditions, and other health issues. End users of these devices include hospitals, ambulatory surgical centers, home care settings, and clinics.
The implantable pulse generator market research report is one of a series of new reports from The Business Research Company that provides Implantable pulse generator market statistics, including the implantable pulse generator industry's global market size, regional shares, competitors with an implantable pulse generator market share, detailed implantable pulse generator market segments, market trends and opportunities, and any further data you may need to thrive in the implantable pulse generator industry. This implantable pulse generator market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The implantable pulse generator market size has grown rapidly in recent years. It will grow from $133.75 billion in 2024 to $148.38 billion in 2025 at a compound annual growth rate (CAGR) of 10.9%. The growth in the historic period can be attributed to a large number of home healthcare facilities, higher adoption of neuromodulation in disease management, higher diagnosis rate of the patients, increasing usage of medical devices and higher patient awareness.
The implantable pulse generator market size is expected to see rapid growth in the next few years. It will grow to $222.76 billion in 2029 at a compound annual growth rate (CAGR) of 10.7%. The growth in the forecast period can be attributed to increasing healthcare expenditure, patient preferences for less intrusive treatments, favorable reimbursement policies, expansion of application areas, and growing application of implants in therapies. Major trends in the forecast period include miniaturization of devices, enhanced battery life, development of wireless connectivity, smart implantable devices, and integration of artificial intelligence and machine learning.
The increasing prevalence of neurological disorders is expected to drive the growth of the implantable pulse generator market. Neurological disorders affect the brain, spinal cord, and nervous system, impacting movement, sensation, and cognition. The rise in these disorders is linked to factors such as an aging population, lifestyle changes, environmental influences, and advancements in diagnostic techniques. Implantable pulse generators assist in managing neurological disorders by delivering targeted electrical impulses to modulate abnormal neural activity and alleviate symptoms. For example, as reported by the Parkinson Foundation in December 2022, the number of individuals with Parkinson's disease (PD) in the U.S. was 930,000 by 2020, with projections indicating it will reach 1.2 million by 2030. Thus, the growing incidence of neurological disorders is fueling the expansion of the implantable pulse generator market.
Companies in the implantable pulse generator market are focusing on developing advanced neuromodulation devices to improve treatment effectiveness, patient outcomes, and broaden the range of conditions treated. Neuromodulation devices alter nerve activity by delivering electrical or pharmaceutical agents to specific areas of the nervous system. For instance, in November 2022, CVRx Inc., a U.S.-based medical device company, introduced the Barostim NEO2 IPG, a new implantable pulse generator designed for patients undergoing therapy. The Barostim system uses neuromodulation to alleviate heart failure symptoms by delivering electrical pulses to the baroreceptors in the carotid artery, activating the body's baroreflex and inducing an autonomic response in the heart. The goal is to restore balance to the autonomic nervous system and reduce heart failure symptoms.
In March 2021, Bioventus Inc., a U.S.-based medical device company, acquired Bioness Inc. for an undisclosed amount. This acquisition allows Bioventus to leverage Bioness's extensive range of medical devices and technologies, which support recovery for patients with conditions such as stroke, traumatic brain injury, and osteoarthritis. The portfolio includes specialized electrical stimulation devices and robotic systems critical for patient rehabilitation. Bioness Inc. is a U.S.-based company known for its electromedical devices.
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.
North America was the largest region in the implantable pulse generator market in 2024. The regions covered in the implantable pulse generator market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the implantable pulse generator market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The implantable pulse generator market consists of sales of neurostimulators, sacral nerve stimulators, and deep brain stimulation (DBS) systems. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Implantable Pulse Generator Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on implantable pulse generator market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
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
3. Implantable Pulse Generator Market Trends And Strategies
4. Implantable Pulse Generator Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market
5. Global Implantable Pulse Generator Growth Analysis And Strategic Analysis Framework
5.1. Global Implantable Pulse Generator PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Implantable Pulse Generator Market Growth Rate Analysis
5.4. Global Implantable Pulse Generator Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Implantable Pulse Generator Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Implantable Pulse Generator Total Addressable Market (TAM)
6.1. Global Implantable Pulse Generator Market, Segmentation By Product, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Implantable Cardiac Pacemakers
Implantable Defibrillators
Cochlear Implants
Implantable Nerve Stimulators (Fes)
Implantable Infusion Pumps
Implantable Active Monitoring Devices
6.2. Global Implantable Pulse Generator Market, Segmentation By Charging Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Rechargeable
Non Rechargeable
6.3. Global Implantable Pulse Generator Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Cardiovascular Diseases
Movement Disorders
Orthopedic Diseases
Other Applications
6.4. Global Implantable Pulse Generator Market, Segmentation By End User, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Hospitals
Ambulatory Surgical Centers
Home Care Settings
Clinics
6.5. Global Implantable Pulse Generator Market, Sub-Segmentation Of Implantable Cardiac Pacemakers, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Single-Chamber Pacemakers
Dual-Chamber Pacemakers
Biventricular Pacemakers
6.6. Global Implantable Pulse Generator Market, Sub-Segmentation Of Implantable Defibrillators, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Implantable Cardioverter Defibrillators (ICD)
Subcutaneous Implantable Defibrillators (S-ICD)
6.7. Global Implantable Pulse Generator Market, Sub-Segmentation Of Cochlear Implants, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Single-Channel Cochlear Implants
Multi-Channel Cochlear Implants
6.8. Global Implantable Pulse Generator Market, Sub-Segmentation Of Implantable Nerve Stimulators (Fes), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Functional Electrical Stimulation (FES) Devices For Motor Function Restoration
Spinal Cord Stimulation Devices
6.9. Global Implantable Pulse Generator Market, Sub-Segmentation Of Implantable Infusion Pumps, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Insulin Pumps
Pain Management Pumps
Intrathecal Drug Delivery Pumps
6.10. Global Implantable Pulse Generator Market, Sub-Segmentation Of Implantable Active Monitoring Devices, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Continuous Glucose Monitoring Systems
Cardiac Monitoring Devices
Neurological Monitoring Devices
7. Implantable Pulse Generator Market Regional And Country Analysis
7.1. Global Implantable Pulse Generator Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Implantable Pulse Generator Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion