Please Wait.....
Report
Muscle Stimulator - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
Market Report I 2024-02-17 I 118 Pages I Mordor Intelligence
The Muscle Stimulator Market is projected to register a CAGR of 3.5% during the forecast period.
The pandemic had a mild impact on the market as many respiratory muscle stimulators were launched, which were used to treat patients with COVID-19. For instance, Liberate Medical's VentFree Respiratory Muscle Stimulator received United States Food and Drug Administration emergency approval during the early pandemic. The device delivers stimulation in a non-invasive fashion, and the therapy can be initiated immediately at the start of ventilation and continued until patients are weaned off ventilation. Thus, COVID-19 has had a mild impact on the growth of the market. However, as the pandemic has currently subsided, the studied market is expected to have normal growth during the forecast period of the study.
Moreover, factors such as unhealthy diets and lack of fitness activities among the population result in musculoskeletal disorders, leading to market growth. The incidence of these disorders increases as the geriatric population is at more risk, and their number is drastically increasing.
For instance. according to the United Nations World Population Prospects 2022, the share of the global population aged 65 years or above is projected to rise from 10 percent in 2022 to 16 percent in 2050. The source also stated that by 2050, the number of persons aged 65 years or over worldwide is projected to be more than twice the number of children under age 5 and about the same as the number of children under age 12. Since the older population is prone to neuromuscular diseases, it is expected to generate the need for muscle stimulator devices for treatment, thereby driving the market's growth.
Moreover, according to an article published by the Journal of Family Medicine and Primary Care in June 2022, musculoskeletal disorders constitute 1,194 prevalent cases per 100,000 among children aged 5 to 19 years in India every year. Hence, the high prevalence of musculoskeletal disorders among children in India is expected to drive the adoption of muscle stimulators for treatment, which drives the growth of the studied market.
Furthermore, the launch of several technologically advanced products is boosting the market growth. For instance, in In December 2021, CUTERA, INC., announced the launch of the next generation of truSculpt flex. The new truSculpt flex+ rapid treatment mode takes Cutera's proprietary Multi-Directional Stimulation to the next level offering the same toning, firming and strengthening results in a fraction of the treatment time.
Thus, the abovementioned factors such as the rising prevalence of neuromuscular disorders coupled with the increasing geriatric population, and the rising product launches are expected to boost the market growth. However, the presence of cos-efficient alternative therapies, and stringent regulatory policies and safety concerns are expected to hinder market growth.
Muscle Stimulator Market Trends
Neurological Disorders Segment is Expected to Have a Significant Market Share During the Forecast Period
Neurological disorders such as Parkinson's disease, dystonia, dementia, and Alzheimer's disease are often treated with the help of electrical stimulators. Factors such as the rising prevalence of neurological diseases and the rising usage of muscle stimulators for the treatment of neurological conditions are expected to boost segment growth
For instance, according to an article published by International Parkinson and Movement Disorder Society in July 2022, a study was conducted in Sweden, which showed that the pooled prevalence of cervical dystonia was 11.75 per 100,000 people in Sweden. Thus, the high prevalence of dystonia in such countries is expected to boost segment growth.
Furthermore, according to an article published by Frontiers in January 2023, a study was conducted in Argentina, which showed that there is a normal decline in spatial memory related to ageing in older people, and this is dramatically increased in neuropathological conditions such as Alzheimer's disease (AD). This indicates that the high burden of Alzheimer's Disease (AD) in the elderly population of the country is expected to create opportunities for market players to market electrical stimulator devices for the early screening and treatment of AD, thereby propelling the market growth. Moreover, the rising research funding for neurological disorders is also expected to boost segment growth, as it will help in the development of new electric stimulators.
Hence, the aforementioned factors, such as the rising prevalence of various neurological disorders, Are expected to boost the segment growth during the forecast period of the study.
North America is Expected to Hold a Significant Share in the Market in the Forecast Period
North America is expected to hold a significant market share due to the growing healthcare expenditure for innovation and development of medical devices, increasing musculoskeletal disorders, and the presence of a well-established healthcare infrastructure.
For instance, according to an article published by ScienceDirect in March 2022, a study was conducted in Mexico which showed that the prevalence rate of Parkinson's disease in the urban parts of Mexico ranged from 2.1% in the 65-69-year-old age group to 11.9% in 75-79-year-old age group. Thus, the high prevalence of Parkinson's disease in the country is expected to boost segment growth.
Furthermore, the launches in the region are also expected to boost the market growth. For instance, in March 2021, the United States Food and Drug Administration (FDA) authorised the marketing of a new device called Portable Neuromodulation Stimulator (PoNS), which is indicated for use as a short-term treatment of gait deficits due to mild to moderate symptoms from multiple sclerosis (MS). The device is intended to be used by prescription only as an adjunct to a supervised therapeutic exercise program in patients 22 years of age and older.
Thus, the above mentioned factors such as the rising prevalence of various neurological diseases and the increasing product launches are expected to acclerate the market growth in the region during the forecast period.
Muscle Stimulator Industry Overview
The muscle stimulator market is fragmented and consists of several major players. In terms of market share, few of the major players are currently dominating the market. Some of the companies currently dominating the market are Beurer, NeuroMetrix Inc., Enovis (DJO, LLC), EMS Physio Ltd, Zynex Medical, BioMedical Life Systems, and Omron Healthcare Inc.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Musculoskeletal Disorders
4.2.2 Technological Advancements
4.3 Market Restraints
4.3.1 Availability of Cost-efficient Alternative Therapies
4.3.2 Stringent Regulatory Policies and Safety Concerns
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION (Market Size by Value - USD)
5.1 By Product Type
5.1.1 Neuromuscular Electrical Stimulation
5.1.2 Functional Electrical Stimulation
5.1.3 Transcutaneous Electrical Nerve Stimulation
5.1.4 Interferential
5.1.5 Other Product Types
5.2 By Modality
5.2.1 Handheld
5.2.2 Portable
5.3 By Application
5.3.1 Neurological Disorders
5.3.2 Pain Management
5.3.3 Musculoskeletal Disorders
5.3.4 Others Applications
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.1.3 Mexico
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Italy
5.4.2.5 Spain
5.4.2.6 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 China
5.4.3.2 Japan
5.4.3.3 India
5.4.3.4 Australia
5.4.3.5 South Korea
5.4.3.6 Rest of Asia-Pacific
5.4.4 Middle East and Africa
5.4.4.1 GCC
5.4.4.2 South Africa
5.4.4.3 Rest of Middle East and Africa
5.4.5 South America
5.4.5.1 Brazil
5.4.5.2 Argentina
5.4.5.3 Rest of South America
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 EMS Physio Ltd
6.1.2 Zynex Medical
6.1.3 BioMedical Life Systems
6.1.4 Omron Healthcare Inc.
6.1.5 Liberate Medical
6.1.6 Abbott Laboratories
6.1.7 RS Medical Inc.
6.1.8 Mettler Electronics Corp.
6.1.9 Tone-A-Matic
6.1.10 Zimmer MedizinSysteme GmbH
6.1.11 Enovis (DJO, LLC)
6.1.12 NeuroMetrix, Inc.
6.1.13 Beurer
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security