The new report by Expert Market Research titled, ‘Global Muscle Stimulation Market Report and Forecast 2022-2027’, gives an in-depth analysis of the muscle stimulation market, assessing the market supported its segments like product type, application, end-user and major regions. The report tracks the newest trends within the industry and studies their impact on the general market. It also assesses the market dynamics, covering the key demand and price indicators, alongside analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size: USD 695.41 million
- Forecast CAGR (2022-2027): 4.05%
- Forecast Market Size: USD 882.47 million
Transcutaneous electrical nerve stimulation is one of the most prevalent forms of electrical stimulation used in pain management. It gives transient pain relief. Electrical nerve stimulation and electrothermal therapy are used to treat a number of pain problems, including back pain. Intradiscal electrothermal therapy (IDET) is a type of treatment for those who suffer from low back pain due to intervertebral disc issues.
Furthermore, the increasing prevalence of osteoporosis-related joint, bone, or muscle disorders is driving up demand for transcutaneous electrical nerve stimulation, which is driving up the use of muscle stimulation therapy for pain relief. In addition, non-pharmacological therapy such as transcutaneous electrical nerve stimulation can be used to relieve pain and shorten the active labour phase. Primary dysmenorrhea can be treated with it. These elements are expected to have a significant impact on the segment's growth.
Industry Definition and Major Segments
Muscle stimulation is a technique for strengthening weak muscles by inducing muscle contractions with electrical impulses that directly stimulate motor neurons. This stimulation causes muscle contractions to be fast and frequent, with extended pauses that can last many seconds or minutes at a time. Muscle stimulation has gotten a lot of press in the last few years for a variety of reasons. It can be used by sportsmen for strength training and has rehabilitative uses for people who are partially or completely immobilised. It's also lightweight, inexpensive, and has minimal side effects, making it ideal for home care.
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The muscle stimulation industry can be segmented on the basis of product, modality, application and end-use.
On the basis of product:
- Neuromuscular Electrical Stimulation
- Functional Electrical Stimulation
- Transcutaneous Electrical Nerve Stimulation
- Interferential
- Burst Mode Alternating Current
- Microcurrent Electrical Neuromuscular Stimulator
- Others
On the basis of modality:
- Handheld Devices
- Portable Devices
- Table Top Devices
On the basis of application:
- Pain Management
- Neurological Disorders
- Musculoskeletal Disorders
- Others
On the basis of end use:
- Hospitals
- Ambulatory Surgical Centres
- Physiotherapy Clinics
- Sports Clinics
- Homecare
On the basis of regional markets, the segmentation of the muscle stimulation industry includes North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Market Trends
The growing prevalence of musculoskeletal disorders and other osteoporosis-related joint and bone disorders around the world is driving the global muscle stimulation industry. Musculoskeletal disorders affect approximately 1.71 billion people worldwide, according to the World Health Organization (WHO). Musculoskeletal disorders impair mobility and dexterity severely, leading to early retirement, decreased well-being, and a reduced ability to participate in society. The industry's growth is being aided by rising health concerns and rising global demand for muscle stimulators. Furthermore, a surge in private and government investments in the development of muscle stimulators, as well as advancements in muscle stimulation technologies such as SmartMio and PowerDot, has boosted the industry's growth. The growing adoption of transcutaneous electrical nerve stimulation and neuromuscular electrical stimulation is expected to contribute significantly to industry growth over the forecast period.
Furthermore, the global muscle stimulation industry is expected to benefit from rising demand for life-saving medical devices as COVID-19 cases spread around the world. The global demand for muscle stimulators is being driven by an increase in physiological disabilities in COVID-19 patients as a result of long-term ICU treatment. The FDA also approved Liberate Medical's Vent Free Respiratory Muscle Stimulator as an alternative to mechanical ventilation, boosting the industry's growth even more. The growing use of muscle stimulators as a result of the pandemic is expected to boost industry growth significantly over the forecast period.
Key Market Players
The major players within the market are DJO Global, Inc., Zynex, lnc., NeuroMetrix, Inc., RS Medical, Inc., OMRON Corporation, BioMedical Life Systems, Inc. and others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of those market players.
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