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Global Neuromuscular Electrical Stimulation Devices Market Expected to Reach $998.8 Million by 2032 with 3.7% CAGR: Rise Driven by Expanded Use in Sports, Fitness and Increasing Neuromuscular Disorders

06-27-2024 10:20 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Dataintelo

/ PR Agency: Dataintelo
Dataintelo

Dataintelo

Dataintelo's latest report reveals that the global neuromuscular electrical stimulation devices market, sized at USD 720.3 Million in 2023, is expected to soar to USD 998.8 Million by 2032. This indicates a 3.7% Compound Annual Growth Rate (CAGR) from 2024 to 2032. The rise in market growth is mainly due to the increasing prevalence of neuromuscular disorders and the subsequent growing demand for non-invasive treatment options.

An upward trend has been observed in the adoption of neuromuscular electrical stimulation devices in sports and fitness applications, significantly driving the market during the assessment year. Athletes and fitness practitioners are turning towards these devices for muscle recovery, performance enhancement, and injury prevention. Furthermore, the capacity of these devices in specifically targeting muscle groups and mimicking natural muscle contractions makes them an appealing selection for both rehabilitation and training purposes in the athletic realm.

Neuromuscular electrical stimulation devices are opening new venues of opportunities in the healthcare and sports sectors as they provide effective and non-invasive solutions to manage neuromuscular disorders and enhance performance. With an increased demand and subsequent projected market growth, it is clear that these devices are all set to play an immense role in shaping the future of medical treatment strategies and sports training methods

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/27077

๐“๐ก๐ข๐ฌ ๐ข๐ฌ ๐จ๐ง๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐š๐ง๐ ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ฌ๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The neuromuscular electrical stimulation devices market has been segmented on the basis of๐“๐ฒ๐ฉ๐ž
โ— Transcutaneous
โ— Neuromuscular
โ— Microcurrent
โ— Implantable

๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ
โ— Traditional
โ— Implantable
โ— Wireless

๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง
โ— Pain Management
โ— Sports Medicine
โ— Muscle Rehabilitation
โ— Neurological Disorders
โ— Others

๐„๐ง๐-๐ฎ๐ฌ๐ž๐ซ
โ— Hospitals
โ— Sport Clinics
โ— Homecare Settings
โ— Physiotherapy
โ— Others

๐‘๐ž๐ ๐ข๐จ๐ง
โ— Asia Pacific
โ— North America
โ— Latin America
โ— Europe
โ— Middle East & Africa

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ— Beurer GmbH
โ— DJO Global, LLC
โ— EMS Physio Ltd.
โ— ๐๐ž๐ฎ๐ซ๐จ๐Œ๐ž๐ญ๐ซ๐ข๐ฑ, ๐ˆ๐ง๐œ.
โ— Nurotron Biotechnology Co., Ltd.
โ— OG Wellness Technologies Co., Ltd.
โ— ๐’๐“๐ˆ๐–๐„๐‹๐‹ ๐Œ๐ž๐๐ข๐œ๐š๐ฅ ๐†๐ฆ๐›๐‡
โ— Thought Technology Ltd.
โ— XFT Electronics Co., Ltd.
โ— Zynex Medical Inc.



Segment Analysis

The Neuromuscular Electrical Stimulation (NMES/EMS) Devices market is segmented by type, technology, application, and end-user. Based on type, it is sub-divided into transcutaneous, neuromuscular, microcurrent, and implantable devices. Transcutaneous devices, often used for pain management, sports medicine, and muscle rehabilitation are high in demand due to their non-invasive nature and efficacy. Neuromuscular and microcurrent devices are gaining traction in treating neurological disorders and muscle injuries. Moreover, implantable devices offer greater convenience and improved functionality, hence expected to witness substantial growth.

Based on technology, the market is categorized into traditional, implantable, and wireless. While traditional NMES devices continue to hold significant market share, the demand for implantable and wireless neuromuscular electrical stimulation devices is increasing, mainly attributed to their advancements in technology and versatility. In terms of application, pain management and sports medicine dominate, however, use in muscle rehabilitation and treating neurological disorders is growing. The end-user segment comprises hospitals, sports clinics, homecare settings, and physiotherapy centers. Hospitals lead the market share, while homecare settings are projected to showcase rapid growth due to the surging prevalence of chronic diseases and growing trend of home healthcare.

Regional Analysis

Geographically, the Neuromuscular Electrical Stimulation (NMES/EMS) Devices market is segmented into Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America holds a dominant position in the global market, mainly due to the growing geriatric population, high prevalence of neuromuscular diseases, and advanced healthcare infrastructure. Europe follows closely, backed by the high demand for non-invasive treatments and significant investments in R&D activities.

The market in Asia-Pacific is projected to grow substantially due to increasing healthcare expenditure, rising awareness about the benefits of NMES devices, and growing prevalence of neurological and muscular disorders. Latin America and Middle East & Africa are also expected to witness significant growth in the coming years, driven by developing healthcare infrastructure and increasing demand for advanced medical devices

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐š ๐Ÿ๐ซ๐ž๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ @ https://dataintelo.com/request-sample/27077

Market Drivers:

1. Increasing Incidences of Musculoskeletal Conditions: The rising incidence of musculoskeletal conditions such as osteoarthritis, rheumatoid arthritis, and other orthopedic disorders have prompted the need for effective treatment options. Neuromuscular electrical stimulation devices provide a beneficial solution by improving muscle function, reducing pain, and promoting healing.

2. Growing Geriatric Population: Aging is associated with muscle loss and degenerative disorders. The increasing number of senior citizens worldwide stimulates demand for these devices.

3. Rising Awareness: The growing awareness about physical rehabilitation and physiotherapy services and the benefits of NMES devices will drive their market growth.

4. Technological Advancements: The development of advanced technologies that improve the efficiency and effectiveness of treatment options will also be a significant market driver.

5. Increasing Prevalence of Neurological Disorders: Neurological conditions like stroke, spinal cord injury, and cerebral palsy usually results in muscle spasticity and mobility issues. NMES comes as a treatment option in these cases, hence driving its market.

Market Opportunities:

1. Untapped Markets: Developing economies represent significant market opportunities due to a lack of advanced healthcare infrastructure and limited awareness about these devices.

2. Research and Development: There is an opportunity for manufacturers to invest in R&D activities to develop devices with advanced features, better patient compliance, and convenience.

3. Medical Tourism: The booming medical tourism industry, especially in regions like Asia-Pacific, can open new business avenues for NMES device manufacturers.

4. Home Healthcare Services: With the increasing preference for home healthcare, the demand for portable and user-friendly NMES devices is expected to rise.

5. Online Sales Channel: Expanding the distribution network via online platforms can provide an opportunity to reach more potential consumers.

6. Partnership and Collaboration: Strategic partnerships with hospitals and rehabilitation centers could spread awareness and increase the usage of NMES devices

๐˜๐จ๐ฎ ๐œ๐š๐ง ๐๐ข๐ซ๐ž๐œ๐ญ๐ฅ๐ฒ ๐›๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐ซ๐จ๐ฆ: https://dataintelo.com/checkout/27077

This report is ideal for key decision makers in businesses such as CEOs, COOs, CFOs, IT managers, business intelligence analysts, data analysts, market research professionals, marketing heads, company secretaries, directors, managers, and supervisors. Also, venture capitalists, private equity firms, investment analysts, investors, education institutes, professors, students, and research institutions should buy this report.

Dataintelo is praised for its exhaustive market analysis reports and is recognized for its robust methodology of data collection and processing. With its up-to-date and comprehensive market insights, enterprises can leverage Dataintelo's reports to stay ahead of the competition. Dataintelo's team of expert analysts provide 24/7 assistance, ensuring clients get the most out of their reports. Additionally, Dataintelo offers customization options, allowing clients to obtain market insights tailored to their business needs

Contact Us :
Dataintelo
Name - Alex Mathews
Phone No.: +1 909 414 1393
Email - sales@dataintelo.com
Website - https://dataintelo.com
Address - 500 East E Street, Ontario, CA 91764, United States.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐œ๐š๐ง ๐›๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐ž๐ ๐š๐ฌ ๐ฉ๐ž๐ซ ๐ฒ๐จ๐ฎ๐ซ ๐ง๐ž๐ž๐.

๐„๐ฆ๐š๐ข๐ฅ ๐ฎ๐ฌ ๐จ๐ง - ๐ฌ๐š๐ฅ๐ž๐ฌ@๐๐š๐ญ๐š๐ข๐ง๐ญ๐ž๐ฅ๐จ.๐œ๐จ๐ฆ

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