The global muscle stimulator market size is anticipated to reach USD 910.2 million by 2027, registering a CAGR of 3.9% over the forecast period, according to a new report by Grand View Research, Inc. The growing prevalence of musculoskeletal disorders and increasing demand for pain management therapies are the key factors driving the growth over the forecast period. Moreover, growing purchasing power, increasing healthcare expenditure, and technological innovations in medical devices are also driving the market growth.
Based
on product type, Transcutaneous Electrical Nerve Stimulation (TENS) dominated
the global market in 2019. Increasing demand for portable stimulation devices
that can be operated at home and rising geriatric population that is prone to
develop musculoskeletal disorders are the major factors driving the market
growth. On the other hand, Neuromuscular Electrical Stimulation (NES) is
estimated to be the fastest-growing segment during the forecast period owing to
increasing cases of strokes and spinal cord injuries.
Based
on modality, the market is segmented into portable, handheld, and tabletop.
Portable stimulator dominated the muscle stimulator space in 2019, owing to the
ease of carrying them while traveling and higher purchasing power in the hands
of consumers. The segment is also anticipated to grow at the fastest rate of
4.2% during the forecast period. Key players launching innovative portable muscle
stimulator devices to sustain market competition is also a major factor driving
the segment growth.
Based
on applications, the muscle stimulator market is segmented into pain
management, neurological disorders, musculoskeletal disorders, and others. The
pain management segment dominated the market with a share of 54.5% in 2019 and
is anticipated to be the fastest growing segment during the forecast period.
Increasing cases of chronic and acute pain and the need for effective pain
management therapies among cancer patients are the major factors driving the
growth over the forecast period.
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Muscle Stimulator
Market Report Highlights
- The global market is
anticipated to reach USD 910.2 million by 2027 owing to rising prevalence
of musculoskeletal disorders and increasing demand for pain management
therapies
- Transcutaneous Electrical
Nerve Stimulation (TENS) dominated the muscle stimulator market in 2019,
owing to an increase in the demand for portable stimulator
- Portable devices are estimated
to witness the fastest growth of 4.2%, as their usage in muscle atrophy,
relaxation of muscle spasms, and managing chronic pain is increasing
- In 2019, the pain management
application segment dominated the market with a share of 54.5% owing to
increasing usage of muscle stimulator in the management of chronic and
acute pain
- Some of the notable players
in the market are NeuroMetrix, Inc.; OMRON Corporation; BioMedical Life
Systems, Inc.; Zynex, Inc.; EMS Physio Ltd.; DJO Global, Inc.; and Beurer
GmbH.
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Muscle Stimulator
Market Segmentation
Grand View Research has segmented
the global muscle stimulator market based on product, modality, application,
end use, and region:
Muscle Stimulator
Product Outlook (Revenue, USD Million, 2016 - 2027)
- Neuromuscular Electrical
Stimulation
- Functional Electrical
Stimulation
- Transcutaneous Electrical
Nerve Stimulation
- Interferential
- Burst Mode Alternating
Current
- Micro Current Electrical
Neuromuscular Stimulator
- Others
Muscle Stimulator
Modality Outlook (Revenue, USD Million, 2016 - 2027)
- Handheld
- Portable
- Table Top
Muscle Stimulator
Application Outlook (Revenue, USD Million, 2016 - 2027)
- Pain Management
- Neurological Disorder
- Musculoskeletal Disorder
- Others
Muscle Stimulator
End Use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals
- Ambulatory Surgical Centers
- Physiotherapy Clinics
- Sports Clinics
- Home Care
Muscle Stimulator
Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Asia Pacific
- Japan
- China
- India
- South Korea
- Singapore
- Australia
- Latin America
- Brazil
- Mexico
- 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.
For more info visit @ https://www.grandviewresearch.com
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