Muscle Stimulator Market Worldwide Opportunities, Prominent Players, and Growth Rate, 2023
The factors that are playing a major role in the growth of the market are the growing number of patients suffering from chronic pain, rising disposable income in the developing countries like India and China, high demand from a physiotherapist, and growing geriatric population.
(firmenpresse) - Global muscle stimulator market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Muscle stimulator is a physical therapy device popular among physiotherapist. It is exclusively used for toning muscles, enhance blood circulation, increase muscle strength, and improve muscle control.
The factors that are playing a major role in the growth of the market are the growing number of patients suffering from chronic pain, rising disposable income in the developing countries like India and China, high demand from a physiotherapist, and growing geriatric population. However, the high cost of devices may restrain overall market growth in the years to come. Muscle stimulator market is segmented based on product type, modality, application, end-user, and region.
Micro current EMS, neuromuscular electrical stimulation, burst mode alternating current, functional electrical stimulation, interferential, and transcutaneous electrical nerve stimulation are the product types that are explored in muscle stimulator market. Transcutaneous electrical nerve stimulation (TENS) sector accounted for the significant share of the market and is estimated to lead the overall market in the years to come. The reason could be the rising number of sports injuries and arthritis cases.
Based on modality, tabletop, handheld, and portable classify muscle stimulator market. Portable devices sector accounted for the substantial share of the market and is estimated to lead the overall market in the years to come. The reason could be the high demand from consumers for preventing muscle atrophy, managing chronic pain, relaxation of muscle spasms, and improving blood circulation.
The market is categorized based on applications like musculoskeletal disorder, pain management, neurological disorder, and others. Pain management sector accounted for the substantial share of the market and is estimated to lead the overall market in the years to come. The reason could be the growing number of arthritis cases and cancer.
Home care, hospitals, sports clinics, ambulatory surgical centers, physiotherapy clinics, and other end-users classify muscle stimulator market. Physiotherapy clinics sector accounted for the substantial share of the market and is estimated to continue its dominance in the years to come. Also, the sector is estimated to grow at the highest CAGR in the years to come.
Globally, North America accounted for the substantial share of muscle stimulator market and is estimated to lead the overall market in the years to come. The reason behind the overall market growth could be the presence of key manufacturers in the region, advanced technological innovations, and high production of novel products. The United States is a major consumer of muscle stimulator in this region. The reason could be the increasing healthcare expenditure and the rising focus on delivering quality medical services.
Europe and the Asia Pacific are also estimated to have a positive influence on future growth. Europe is the second largest region with significant market share. However, Asia Pacific is estimated to grow at the highest CAGR in the forecast period. The aspects that may be ascribed to the growth comprise the rising awareness regarding health & fitness and acceptance of smart healthcare devices. The developing countries like India and China are the major consumers of muscle stimulator in this region.
The key players of muscle stimulator market are OG Wellness Technologies Co., Ltd., DJO Global, Inc., Beurer GmbH, Zynex, Inc., EMS Physio Ltd., NeuroMetrix, Inc., BioMedical Life Systems, Inc., RS Medical, Inc., Zimmer MedizinSysteme GmbH, and OMRON Corporation. These players are concentrating on inorganic growth to sustain themselves amidst fierce competition.
Themen in dieser Pressemitteilung:
muscle-stimulator-market
medical-devices
muscle-stimulator-market-news
global-muscle-stimulator-industry-size
muscle-stimulator-market-share
muscle-stimulator-market-demand
muscle-stimulator-market-analysis
muscle-stimulator-market-research
muscle
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