Pelvic Floor Electric Stimulator Market Size Is Expected To Reach $287.55 Million By 2026

The global pelvic floor electric stimulator market is anticipated to reach USD 287.55 million by 2026, according to a new report by Grand View Research, Inc. Increasing prevalence of urinary incontinence, rising investment in the research and development by the key players and growing awareness initiatives are anticipated to boost the market growth.

According to National Health Service (NHS) England, around 61.0% of the male population are suffering from lower urinary tract infections and around 34.0% of women are living with some type of Urinary Incontinence (UI). UI costs around USD 301.40 million per year to the NHS. Women are more prone to urinary incontinence as compared to men due to pregnancy, menopause and hormonal changes. There are various conditions and chronic diseases which increases the risk of UI such as stroke, prostate cancer, Parkinson’s disease, Diabetes Mellitus, and Chronic Obstructive Pulmonary Disease (COPD). For instance, according to International Diabetes Federation, people living with diabetes are expected to increase to 629.0 million in 2045 from 425.0 million adults in 2017. Thus, increasing prevalence of chronic diseases, and UI are expected to drive the market growth.

Increasing awareness initiatives by various government and non-governmental organization are increasing the demand of pelvic floor electric stimulator worldwide. For instance, the Australian government has initiated a program “National Continence Management Program”, through this program government raises awareness about various issues such as bowel and bladder health problem. The Australian government also started “The continence aids payment scheme (CAPS)” under which eligible people gets assistance to meet their incontinence needs.

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Pelvic Floor Electric Stimulator Market Report Highlights

• Based on the application, urinary incontinence segment dominated the market in 2018, owing to the increasing prevalence of urinary incontinence, increasing government initiatives, and growing geriatric population.
• North America dominated the market with the highest revenue share in 2018 owing to the increasing number of chronic disease resulting in the prevalence of sexual dysfunction and urinary incontinence and favorable reimbursement framework in the region.
• Few of the key players operating in the pelvic floor electric stimulator market are Zynex Inc, TensCare Ltd, Verity Medical Ltd, Tic Medizintechnik GmbH, Everyway Medical Instruments Co, InControl Medical Limited, The Prometheus Group, Hollister Incorporated, and Laborie.

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Pelvic Floor Electric Stimulator Market Segmentation

Grand View Research has segmented the global pelvic floor electric stimulator market on the basis of application and regions:

Global Pelvic Floor Electric Stimulator Market, By Application (Revenue, USD Million, 2015 - 2026)

• Urinary Incontinence
• Neurodegenerative Diseases
• Sexual Dysfunction

Global Pelvic Floor Electric Stimulator, By Region (Revenue, USD Million, 2015 - 2026)

• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• France
• Italy
• Spain
• Asia Pacific
• Japan
• China
• India
• Australia
• South Korea
• Latin America
• Mexico
• Brazil
• Argentina
• Colombia
• Middle East and Africa (MEA)
• South Africa
• Saudi Arabia
• UAE

About Grand View Research        

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

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