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Muscle Stimulation Devices Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2023-2030

Published Date: January, 2023
No of Pages: 159
Delivery Format: PDF+ Excel

$2,950.00

Devices that give electrical impulses to the muscles in order to contract them are known as muscle stimulation devices. A device known as a stimulator, which is often operated by a doctor or physical therapist, produces the electrical impulses. Muscle stimulation equipment mostly comes in two varieties:

  1. Devices that send electrical impulses to the nerves are known as transcutaneous electrical nerve stimulation (TENS) devices.

2. Functional electrical stimulation (FES) devices: People with paralysis or other diseases that prohibit them from moving their muscles can benefit from these devices. The muscles contract and move as a result of the electrical impulses that FES devices send to them. Devices that stimulate the muscles can be used for a number of things, such as pain relief, muscle building, and rehabilitation.

Muscle Stimulation Devices Market Report Scope and Segmentation

ATTRIBUTESDETAILS
ESTIMATED YEAR2023
BASE YEAR2022
FORECAST YEAR2030
HISTORICAL YEAR2017-2022
UNITValue (USD Million/Billion)
BY REGIONNorth America, Europe, Asia Pacific, Latin America, Middle East and Africa

Market Development for Muscle Stimulation Devices
Muscle stimulation devices have undergone a lot of development in recent years. The devices are now more user-friendly, more feature-rich, and more pleasant to wear. As more and more people use these gadgets for a variety of purposes, the market for them is expanding quickly.

Muscle stimulation devices primarily fall into two categories:

1. Extraneous Equipment

2. Implanted Technology

External muscle stimulation devices are the most common type.They are simple to use and comfortable to wear for extended periods of time. They are perfect for people who need to sit for extended periods of time or for those who want to use them for sports.

Implanted devices are more invasive and typically reserved for patients with more severe issues. They are typically used by those who have paralysis or other conditions that make it challenging to use external devices because they are implanted inside the body.

The market for muscle stimulation devices is expanding quickly. This is because more and more people are utilising them for numerous objectives. The devices are now more user-friendly, more feature-rich, and more pleasant to wear.

The market for muscle stimulation devices appears to have a bright future. The market is predicted to expand quickly as a result of the devices’ rising popularity.

Obstacles in the Muscle Stimulation Devices Market
In the upcoming years, a high rate of growth is anticipated for the global market for muscle stimulation devices. However, there are some difficulties that could prevent the market from expanding. Let’s examine three examples of these problems:

1. Lack of knowledge

The advantages of employing muscle stimulation devices are currently not well known. People in many parts of the world aren’t even aware that these gadgets exist. The major problem for the makers of these devices is this lack of knowledge. They must raise awareness of their offerings and help customers see how these gadgets might be useful to them.

2. High price

The price of these devices is a problem for the market for muscle stimulation devices. These gadgets are frequently not covered by insurance, which prevents many people from purchasing them. The makers must figure out a way to lower the cost of these devices so that more people can use them.

3. Absence of scientific support

Scientific proof for the use of muscle stimulation devices is currently lacking. Although there are many anecdotal stories of the advantages of utilising these devices, additional scientific research is still required to support these claims. Another difficulty for the makers of these gadgets is the dearth of scientific support.

Key Trends in the Muscle Stimulation Devices Market
The market for muscle stimulation devices is anticipated to grow from USD 2.31 billion in 2020 to USD 3.14 billion in 2025, at a compound annual growth rate (CAGR) of 6.0%. The primary reasons propelling the growth of this market are the rise in sports injuries, the ageing population, the growing awareness of the advantages of electrical muscle stimulation, and the expanding use of electrical muscle stimulation in physical therapy.

During the projected period, the wearable muscle stimulation device category is anticipated to develop at the greatest CAGR.

During the forecast period, the segment for wearable muscle stimulation devices is anticipated to increase at the greatest CAGR. The main factors influencing the growth of this market segment are the increasing use of these devices in sports and fitness activities and the rising awareness of their health advantages.

During the projected period, the sector for home care settings is anticipated to increase at the greatest CAGR.

During the projected period, the sector for home care settings is anticipated to increase at the greatest CAGR. The main reasons propelling the growth of this market segment are the rising choice for at-home care, the rise in sports injuries, and the expanding knowledge of the advantages of electrical muscle stimulation. The market for muscle stimulation devices is anticipated to be dominated by the North American region in 2020.

The market for muscle stimulation devices is anticipated to be dominated by the North American region in 2020. The high proportion of this region can be attributed to an increase in sports injuries, an ageing population, a growing understanding of the benefits of electrical muscle stimulation, and the presence of significant players in this field.

DJO Global, Inc. (US), Compex Technologies, Inc. (US), Santé International, Inc. (US), Omron Healthcare, Inc. (Japan), Zynex, Inc. (US), Current Solutions (US), BEURER GmbH (Germany), Mectron S.p.A. (Italy), Hitachi Medical Corporation (Japan), and MEDELA AG are a few of the leading companies in the muscle stimulation devices market (Switzerland).

Impact of the Muscle Stimulation Devices Market on COVID 19
The worldwide economy has been significantly impacted by the COVID-19 pandemic epidemic, with the healthcare industry one of the hardest afflicted sectors. The epidemic is not an exception, and it is predicted that the market for muscle stimulation devices will experience a considerable fall in 2020.

The market for muscle stimulation devices was worth $1.6 billion in 2019 and is expected to drop by 19.5% CAGR to $1.3 billion in 2020.The market is expected to recover in 2021 and reach US$ 1.7 billion at a CAGR of 23.1%.

The supply chain interruption and the cancellation of elective treatments as a result of the pandemic are the main causes of the drop in the market for muscle stimulation devices. The pandemic’s effects are anticipated to be most noticeable in North America and Europe, the two regions with the biggest markets for muscle stimulation devices.

The North American market is expected to decline at a CAGR of -23.8% from US$ 0.7 billion in 2019 to US$ 0.5 billion in 2020.The European market is expected to decline by -21.0% from US$ 0.5 billion in 2019 to US$ 0.4 billion in 2020.

With a projected fall of roughly 8.0% in 2020, the Asia-Pacific market is predicted to be the least affected by the pandemic. The market is expected to grow at a CAGR of 26.4% from 2021 to 2025, reaching US$ 1.0 billion.

The market for muscle stimulation devices has been significantly impacted by the COVID-19 epidemic, and it is anticipated that the market will experience a considerable fall in 2020. The market is expected to recover in 2021 and grow at a CAGR of 23.1% through 2025, when it is expected to reach US$ 1.7 billion.

Major Industry Developments in the Muscle Stimulation Devices Market
The market for muscle stimulation devices is anticipated to grow at a CAGR of 6.4% from 2020 to 2025. The prevalence of chronic pain, injuries, obesity, and an ageing population are the primary factors driving market growth.

The World Health Organization estimates that 464 million people experienced moderate-to-severe pain in 2018. In addition, the National Center for Health Statistics estimates that in 2016–2017, approximately 93.3 million adults in the US were obese. During the forecast period, these factors are likely to increase demand for muscle stimulation devices.

The market is divided into segments according to region, end users, applications, and products.

The market is further divided by product into ultrasound devices, electrical muscle stimulation devices, and other categories. During the forecast period, the segment for electrical muscle stimulation devices is anticipated to increase at the greatest CAGR. This is brought on by the increased incidence of obesity, accidents, and chronic pain.

The market is further divided by application into pain management, muscle re-education, and other categories. During the projected period, it is anticipated that the category of pain management will increase at the greatest CAGR. This is brought on by the rising incidence of chronic pain and the rise in the number of elderly people.

The market is further divided into hospitals, clinics, and home care according to the end user. During the projection period, the hospital sector is anticipated to increase at the greatest CAGR. This is brought on by the increased incidence of obesity, accidents, and chronic pain.

The market is divided into five regions according to geography: North America, Europe, Asia-Pacific, South America, and the Middle East and Africa. The region of North America is anticipated to experience the greatest CAGR growth over the projection period. This is brought on by the increased incidence of obesity, accidents, and chronic pain.

DJO Global, Inc., Zynex, Inc., BTL International Ltd., Beurer GmbH, Boston Scientific Corporation, emsphysio, INTEGRA Lifesciences Corporation, and NeuroMetrix, Inc. are a few of the leading companies in the global market for muscle stimulation devices.

Summary of the Muscle Stimulation Devices Market
In the upcoming years, it’s anticipated that the market for seven muscle stimulation devices will expand dramatically. This can be attributed to fitness enthusiasts and gym patrons becoming more aware of the advantages of these gadgets. The market is also anticipated to grow as a result of the expanding list of medical ailments that these devices can be used to treat.

  • Muscle Stimulation Devices Market, By Product Type:
    • Transcutaneous Electrical Nerve Stimulation (TENS)
    • Interferential Current Electrical Stimulation (IFC)
    • Burst Mode Alternating Current (BMAC)
    • Neuromuscular Electrical Stimulation (NMES)
  • Muscle Stimulation Devices Market, By Application:
    • Pain Management
    • Neurological and Movement Disorder Management
    • Musculoskeletal Disorder Management
  • Muscle Stimulation Devices Market, By End User:
    • Hospitals
    • Physiotherapy Clinics
    • Sports Clinics
    • Home Care
  • DJO Global Inc.
  • Zynex Inc.
  • Neurometrix Inc.
  • R.S. Medical Inc.
  • Omron Corporation
  • Others

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