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Market Highlights
The muscle stimulators use electric current to elicit contraction in muscles or nerves. The electric signal has intensity and frequency which mimics the nerve signal system.
The muscle stimulator market is also witnessing high technological development. The manufacturing of medical devices in general and muscle stimulators in particular is also undergoing changes. The latest technological advancements include active research in frequencies and strength of electric current used for muscle stimulation. Increasing miniaturization and portability of the muscle stimulator devices is another development that is driving the growth of the market.
Market fragmentation and falling profit margin are significant threats to the market. The rise of low cost manufacturing economies s FDA approved muscle stimulators such as China are challenging the high-tech segment. The muscle stimulators market credibility is being challenged by the rise of spurious low-quality products. There has been cases of burns and skin irritation due to improper use of these low-quality muscle stimulators.
The muscle stimulator market is also becoming more customer oriented and there is increasing demand for personalization and customization which has created the demand for smart muscle stimulators. The muscle stimulators today are a far cry from what they use to be. The latest hi-tech muscle stimulators use the advanced software’s which can set the device into a predefined cycle with suitable shifts. The latest muscle stimulators have started getting synchronized with mobiles. Mobile apps will eventually contain all the data in one single point. Connected healthcare muscle stimulators seems to be the future due to their cost reducing effect and the ability to converge data at a single point for analysis.
Global Muscle stimulator Market Players:
Key players profiled in the report are DJO Global, Inc., Mettler Electronics Corp., Axiobionics, Zynex, NeuroMetrix, Inc., OMRON Corporation, Tone-A-Matic.
Segmentation:
The global Muscle Stimulator Market is segmented on the basis of products. Based on the products, the market has been segmented as transcutaneous electrical nerve stimulator, burst mode alternating current, neuromuscular electric stimulation, and interferential current. Based on the application, the market has been segmented as pain management, neurological and movement disorder management and musculoskeletal disorder management.
New Content:
Market Overview:
Various data researchers and market experts with their valuable expertise predict the forecast period of the muscle stimulator market. According to the data, the growth rate of CAGR of 6.1% is on the market casts of muscle simulator devices during the period 2017 to the upcoming period 2023.
The muscle stimulator market value estimate will grow up to 763.8 million USD by the end of 2023. The market popularity will grow in sports, fitness and physiotherapy and other muscle-related problem.
As per the ongoing view, muscle stimulator devices are very popular among physiotherapists. The high technology and advanced methods of these devices are very helpful in sports and pain management therapy. These devices give quick relief.
The widespread musculoskeletal disorder is a key to the sudden growth of this market globally. Due to the increase, the number of the ageing population is also a reason to drive up the market.
Although the Covid-19 pandemic left a great impact on this marketplace. During the pandemic, the growth of the market value showed a positive result in data analysis. The muscle stimulator was a great help even for ventilation patients due to invasive stimulation.
As a part of the muscle stimulator market, experts also predict the nerve stimulator market will share 900 million by the end of 2025. This step will be a cover-up for the 2 billion nerve stimulator market.
Global Muscle stimulator Market Players:
Key players profiled in the report are DJO Global, Inc., Mettler Electronics Corp., Axiobionics, Zynex, NeuroMetrix, Inc., OMRON Corporation, Tone-A-Matic.
Market segmentation
There are a few segmentation pillars of this muscle stimulator market. These divisions and categorized segmentations are 1. By-products, 2. By variations of products, 3. Technology, 4. modality, 5. Applications and end-users.
By application, these devices are categorised between the management of pain, the management of neurological and the management of the musculoskeletal disorder.
Even in medical use, these devices fall into several divisions like the physiological ward, home care, sports-related medical care and ambulatory surgical centres. Furthermore, portable and wireless devices increase a craze in this market field.
Regional division
The reports show that the market for muscle stimulators is divided into regional sectors like the North American region, European Region, Latin American Region and the Asia Pacific region, and some other regions.
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However, the United States of America holds a major portion of this market. Their high-tech medical services in the healthcare unit and restitution expenses made them dominant in this market domain.
Few of the European regions are also considered the second largest nerve stimulator system industry in the marketplace. The government of Europe has made efforts in spreading awareness about the essential values of these devices.
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