Press release
Functional Electrical Stimulation Market Forecast: Segments, Drivers, and Growth Factors to 2031 - AxioBionics Inc., Nevro Corp, Medtronic Plc.
Functional Electrical Stimulation Market
Functional Electrical Stimulation Market analysis, according to DataM Intelligence, offers more than just an overview, it investigates the underlying aspects of the sector. The study provides an overview, the research explores the hidden aspects of the sector, breaking down its intricate dynamics, charting regional dominance, spotting demand patterns, and spotting prospective breakthroughs that could influence how businesses operate in the future.
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The Functional Electrical Stimulation market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Functional Electrical Stimulation (FES) is a therapeutic technique that uses electrical impulses to stimulate nerves, causing muscle contractions to restore or improve function. It is commonly used in individuals with neurological conditions like spinal cord injuries or strokes. FES helps improve mobility, reduce muscle atrophy, and enhance circulation in paralyzed or weakened muscles. Devices used for FES are often tailored to specific rehabilitation goals, such as walking or grasping. Research continues to expand its applications in restoring motor function and independence.
Forecast Growth Projected:
The Global Functional Electrical Stimulation Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Functional Electrical Stimulation Market:
Boston Scientific Corporation, AxioBionics Inc., Nevro Corp, Medtronic Plc, NeuroMetrix, Inc., BTL Industries, Inc., Zynex Inc., Abbott Laboratories, Hocoma AG, OMRON Healthcare.
Segment Covered in the Functional Electrical Stimulation Market:
By Product Type: Wired, Wireless.
By Device Type: Spinal Cord Stimulation Devices, Deep Brain Stimulation Devices, Vagus Nerve Stimulation Devices, Sacral Nerve Stimulation Devices, Gastric Electric Stimulation Devices, Neuromuscular Electrical Stimulation Devices, Cranial Electrical Stimulation Devices, Others.
By Application: Pain Management, Neurological and Movement Disorder Management, Musculoskeletal Disorder Management, Incontinence Management, Others.
By End-User: Hospitals, Specialty Clinics, Neurosurgical Centers, Ambulatory Surgical Centers, Others.
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Industry Development:
➠ In December 2022, the U.S. Food and Drug Administration (FDA) approved Abbott's Eterna spinal cord stimulation (SCS) system, designed to treat chronic pain.
➠ In January 2022, NeuroSigma Inc., a bioelectronics company, officially launched its bioelectronic medical device, utilizing external trigeminal nerve stimulation (eTNS) to treat children with attention deficit/hyperactivity disorder (ADHD).
➠ In September 2022, Evolution Devices introduced its EvoWalk Platform pilot program, aimed at rehabilitating walking for individuals with neurologically-based partial walking paralysis.
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Regional Break out:
The global Functional Electrical Stimulation Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Functional Electrical Stimulation manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Functional Electrical Stimulation in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Functional Electrical Stimulation market?
➠ Who are the global key manufacturers of the Functional Electrical Stimulation Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Functional Electrical Stimulation market opportunities and threats faced by the vendors in the global Functional Electrical Stimulation Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Functional Electrical Stimulation market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com
About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.
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