The new report by Expert Market Research titled, 'Global Muscle Stimulation Market Report and Forecast 2022-2027', gives an in-depth analysis of the global muscle stimulation market, assessing the market based on its segments like products, modalities, applications, end-uses, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with 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 (2020): USD 695.41 Million
- Forecast CAGR (2022-2027): 05%
The global market for muscle stimulation is being driven by the thriving medical sector. In medical applications, the rising demand for muscle stimulators can be attributed to the rising incidences of arthritis and sporting injuries. Osteoporosis-related joint, bone, or muscle disorders are also becoming a growing concern. Therefore, muscle stimulation is becoming necessary in the medical sector, thereby augmenting the market growth. Meanwhile, the rising application of muscle stimulation in primary dysmenorrhea and labour pain is likely to provide impetus to the market. The increasing investments from private companies and governments are expected to aid the market growth in the forecast period.
Industry Definition and Major Segments
Muscle stimulation is a protocol that uses electrical impulses to directly stimulate motor neurons in order to strengthen weak muscles. This stimulation causes rapid and frequent muscular contraction with long pauses that last for several seconds or minutes at a time. Muscle stimulation has received a lot of interest over the last few years for many purposes. Athletes can use it for strength training, and it has rehabilitative applications for people who are partially or entirely immobile. Furthermore, it is portable, inexpensive, and has no adverse side effects, making it perfect for home care.
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The market, on the basis of products, can be segmented into:
- Neuromuscular Electrical Stimulation
- Functional Electrical Stimulation
- Transcutaneous Electrical Nerve Stimulation
- Burst Mode Alternating Current
- Microcurrent Electrical Neuromuscular Stimulator
On the basis of modality, the market can be categorised into:
- Handheld devices
- Portable devices
- Table Top devices
On the basis of application, the market can be classified into:
- Pain Management
- Neurological Disorder
- Musculoskeletal Disorders
Based on end-use, the industry can be categorised into:
- Ambulatory Surgical Centres
- Physiotherapy Clinics
- Sports Clinics
The regional markets for muscle stimulation include:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
The global market for muscle stimulation is being driven by rising rates of musculoskeletal disorders and other osteoporosis-related joint and bone disorders. Musculoskeletal problems significantly hinder mobility and agility, resulting in early retirement, decreased levels of well-being, and a reduced ability to engage in society. Rising investments by private firms and governments in the development of muscle stimulators, along with the breakthroughs in muscle stimulation technologies, such as SmartMio and PowerDot, are some of the factors positively influencing the growth of the market. The increasing use of transcutaneous electrical nerve stimulation and neuromuscular electrical stimulation is predicted to substantially contribute to market growth throughout the forecast period.
Key Market Players
The major players in the market are DJO Global Inc., Zynex Inc., NeuroMetrix Inc., RS Medical Inc., OMRON Corporation, and BioMedical Life Systems Inc, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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