Description
The global muscle stimulation devices market size was worth around USD 780.5 million in 2022 and is predicted to grow to around USD 1002.5 million by 2030 with a compound annual growth rate (CAGR) of roughly 3.18% between 2023 and 2030.
Global Muscle Stimulation Devices Market: Overview
Muscle stimulation devices stimulate the motor nerves by using a reasonably low voltage. These devices have several benefits, such as reduce pain, offer non-evasive electrotherapy, no side effects, and is a portable and cheaper option for home care. One of the reasons that the global market for muscle stimulation devices is and will be experiencing a steady growth in the upcoming years is that these devices stop muscle soreness. Thus, these devices are highly preferred by the sportspersons and athletes for their warm-ups. Physiotherapists are increasingly adopting this product as it produces therapeutic currents useful in muscle rehabilitation post an injury.
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Global Muscle Stimulation Devices Market: Growth Factors
The major growth driver in the global muscle stimulation devices market is the rise in the increasing adoption of latest technologies and the rising numbers of the chronic pain. The demographics of the geriatric population are also on the rise. This will further contribute to the expansion of the muscle stimulation devices market across the globe. The consumers’ interest in sports and fitness has been growing continuously. Additionally, more and more physiotherapists are preferring electrotherapy technologies over conventional methods. Furthermore, the injuries related to head and spinal cord are anticipated to boost the market value of the muscle stimulation market. All these factors among several others are expected to drive the global muscle stimulation market in the upcoming years.
Global Muscle Stimulation Devices Market: Segmentation
The global muscle stimulation devices market can be divided based on product type, end-user, and application. On the basis of product type, the muscle stimulation market is segmented into TENS or Transcutaneous Electric Nerve Stimulator, NMES or Neuromuscular Electric Stimulation, BMAC or Burst Mode Alternating Current. IF or Interferential, and microcurrent electrical neuromuscular stimulator, among several others. The product type TENS is expected to show good growth in the future due its increasing popularity in reducing pain effectively. This product type is also being adopted increasingly for its non-evasive electrotherapy modality. Based on application, the muscle stimulation market is segmented into hospitals, clinics, and ambulatory surgery centers. On the basis of end-users, the market for muscle stimulation is divided into pain management, musculoskeletal disorders, and neurological disorders, among others.
Global Muscle Stimulation Devices Market: Competitive Players
The key market players of the global muscle stimulation devices market include Zynex Inc., DJO Global Inc., Axiobionics, R.S. Medical Inc., Neurometrix Inc., and Omron Corporation, among several others.
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Global Muscle Stimulation Devices Market: Regional Analysis
Based on regions, the global muscle stimulation devices market can be divided into five main regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. The North American region is expected to emerge as the leader in the global muscle stimulation devices market. This is due to the existence of improved healthcare infrastructure and increase in the healthcare expenditures. Furthermore, the cases related to musculoskeletal disorders are also rising in the United States. The Asia Pacific region, especially developing economies such as India, the market for muscle stimulation is anticipated to experience a steady growth, owing to rising health awareness, increasing number of Parkinson’s disease, and inclination toward smart muscle stimulation devices, among other factors.
The global muscle stimulation devices market is segmented as follows:
By Product Type
- TENS or Transcutaneous Electric Nerve Stimulator
- NMES or Neuromuscular Electric Stimulation
- BMAC or Burst Mode Alternating Current
By Application
- Hospitals
- Clinics
- Ambulatory Surgery Centers
By End User
- Pain Management
- Musculoskeletal Disorders
- Neurological Disorders
- Others
Global Muscle Stimulation Devices Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- The UK
- France
- Germany
- The Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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