Muscle Stimulator Market by Product Type, Application, and End User - Global Forecast

The muscle stimulator market refers to the global market for devices that use electrical impulses to stimulate muscles in the body. These devices are used to treat a variety of conditions, such as muscle pain, muscle weakness, and muscle spasms. Muscle stimulators are also used in physical therapy and rehabilitation to help patients recover from injuries or surgeries.

The muscle stimulator market is driven by several factors, including an increase in the incidence of musculoskeletal disorders, a growing demand for non-invasive and pain-free therapies, and technological advancements in muscle stimulator devices. The market is segmented by product type, application, end user, and geography. Product types include transcutaneous electrical nerve stimulators (TENS), neuromuscular electrical stimulators (NMES), and others. Applications of muscle stimulators include pain management, neurological and movement disorders, and muscle strengthening and rehabilitation. End users of muscle stimulators include hospitals, clinics, rehabilitation centers, and home users.

Regional analysis of the market is also important, with North America and Europe being major markets due to the high prevalence of musculoskeletal disorders in these regions. However, the Asia-Pacific region is expected to experience the highest growth rate in the coming years due to increasing awareness of muscle stimulators and growing healthcare infrastructure in the region.

The global muscle stimulator market size was valued at $1,22,460.00 thousand in 2020, and is projected to reach $1,83,887.64 thousand by 2030, registering a CAGR of 4.08% from 2021 to 2030.

For Right Perspective and Competitive Insights, Get Sample Report at: https://www.alliedmarketresearch.com/request-sample/11557

Drivers, restraints, and opportunities:

Rise in popularity of sports, surge in demand for fitness products, and increase in incidence of muscle disorder and diseases drive the growth of the global muscle stimulator market. However, lack of usage guidelines and safety concerns and availability of alternative therapies hinder the market growth. On the other hand, rise in technology integration creates new opportunities in the coming years.

Drivers, restraints, and opportunities:

Rise in popularity of sports, surge in demand for fitness products, and increase in incidence of muscle disorder and diseases drive the growth of the global muscle stimulator market. However, lack of usage guidelines and safety concerns and availability of alternative therapies hinder the market growth. On the other hand, rise in technology integration creates new opportunities in the coming years.

Procure Complete Report (220 Pages PDF with Insights, Charts, Tables, and Figures) @ https://www.alliedmarketresearch.com/checkout-final/0c5c8ebb47b3862a8f602aaeace2bf34

Covid-19 Scenario:

Owing to postponement or cancellation of elective surgeries in hospitals and clinics, the demand for muscle stimulators decreased considerably. Neurometrix Inc. reported a decrease in net sales by nearly 20% in the fiscal year, 2019-2020.Many companies put their new investments and expansion plans on hold due to economic uncertainties that occurred due to the pandemic. However, the situation is expected to recover post-lockdown and roll-out of vaccination programs across several countries.

The neuromuscular electrical stimulation segment to maintain its leadership status during the forecast period

Based on product type, the neuromuscular electrical stimulation segment accounted for the highest share in 2020, contributing to more than half of the global muscle stimulator market, and is estimated to maintain its leadership status during the forecast period. This is due to surge in prevalence of arthritis and increasing sports injuries. However, the interferential segment is expected to witness the fastest CAGR of 18.1% from 2021 to 2030.

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/11557

The physical therapy and rehabilitation clinics segment expected to offer lucrative opportunities

Based on end user, the physical therapy and rehabilitation clinics segment contributed to the highest share in 2020, holding nearly two-fifths of the global muscle stimulator market, and is expected to maintain its lead position throughout the forecast period. Moreover, this segment is projected to manifest the largest CAGR of 4.3% from 2021 to 2030. This is due to preference of physiotherapists toward stimulators as compared to manual techniques. The research also analyzes the segments including hospitals, ambulatory surgery centers, and home care.

North America to continue its dominance in terms of revenue by 2030

Based on region, North America held the highest market share in 2020, accounting for more than two-fifths of the global muscle stimulator market, and is estimated to continue its dominance in terms of revenue by 2030. This is due to availability of advanced therapeutics, high level of awareness, and heavy expenditure by the government on healthcare. However, Asia-Pacific is expected to register the highest CAGR of 5.5% during the forecast period, owing to surge in awareness in the region and supportive government initiatives.

Leading market players

AxioBionics LLC

Beurer GmbH

BioMedical Life Systems, Inc.

Colfax Corporation (DJO Global Inc.)

EMS Physio Ltd.

Liberate MedicalOG Wellness Technologies Co., Ltd.

RS Medical

Zimmer

MedizinSysteme GmbH

Zynex Medical

"We have also published few syndicated market studies in the similar area that might be of your interest. Below are the report title for your reference, considering Impact of Covid-19 Over This Market which will help you to assess aftereffects of pandemic on short-term and long-term growth trends of this market.

"Trending Reports in Healthcare Industry:

Diabetic Nephropathy Market: https://www.alliedmarketresearch.com/diabetic-nephropathy-market-A16604

Monoclonal Antibodies Market: https://www.alliedmarketresearch.com/monoclonal-antibodies-market-A11789

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa

5933 NE Win Sivers Drive #205,

Portland, OR 97220

United States USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975

help@alliedmarketresearch.com

This release was published on openPR.