The global Muscle Stimulator Market was valued at $789.8 Million in 2017 and is forecast to grow at a modest 5.3 % CAGR between 2018 and 2025, culminating in 2025 global sales of $1.23 Billion.
Increased incidence of musculoskeletal disorder, sports pain management and neurological disorder creating demand for varied way of pain management. On an average 126.6 million Americans (one in two adults) are suffering from musculoskeletal condition which is equal to number of chronic lung or heart condition. This is costing an estimated $213 billion in annual treatment, care and lost wages.
Based on product, the market is segmented as TENS, NMES, FES, IF, MENS, BMAC. TENS stands for transcutaneous electrical nerve stimulation designed to provide relief by sending comforting, non-painful impulses through the skin to the nerve or nerves below. Neuromuscular Electrical Stimulation (NMES) can increase strength and range of motion and offset the effects of disuse. It is often used to “re-train” or “re-educate” a muscle to function and to build strength after a surgery or period of disuse.
In 2017, North America was the leading region by revenue owing to factors such as thepresence of well-developed hospital and diagnostic center network, thehighrate of diagnosis, transparent process for availing reimbursement, and high emphasis on research & development. The U.S. alone accounts for over 80% share in North America.
There is different type of Muscle Stimulator such as:
The key market participants include NeuroMetrix Inc., Zynex Inc., RS Medical Inc., DJO Global Inc., EMS Physio Ltd, Beurer GmbH, OMRON Corporation, Zimmer Medizin Systeme GmbH, Bio-Medical Life Systems, Inc., and OG Wellness Technologies Co. Ltd.
Global Muscle Stimulator Market Outlook To 2025: Key Product Categories (TENS, NMES, FES, IF, MENS, BMAC), Modality (Handheld, Portable, Table Top Devices), Application (Pain management, Neurological disorders, Musculoskeletal disorders and Others), End-Use (Hospitals, Ambulatory surgical centers, Physiotherapy clinics, Sports clinic, Homecare), Regional Segmentation, Competitive Dynamics, M&A Insights, Pricing Analysis (OPP, IPP, RAP), And Segment Forecast