According to a new Pelvic Floor Stimulators Market Analysis published by Future Market Insights (FMI), global sales of pelvic floor stimulators will hit US$ 118.6 Million in 2021. The market’s demand prognosis remains solid, with FMI forecasting a CAGR of 8.8% from 2021 to 2031, reaching US$ 274.9 Million by 2031.
Electrical stimulator demand will remain high and is predicted to rise at a 9.1% CAGR during the assessment period. Notwithstanding COVID-19-induced disruptions, the market’s growth trajectory remained strong, with 7.4% year on year growth in 2021.
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Adoption of telehealth facilities for pelvic floor care is expected to create attractive opportunities for manufacturers. Advent of telemedicine has improved access to care, enhanced resource productivity, and reduced costs related to traditional office visits in a wide array of fields in medicine.
Top healthcare institutes are adopting telehealth for the convenience of patients to discuss problems of pelvic floor dysfunction and other related disorders. With telehealth, HCPs could interact with patients while they are sequestered in their homes. Hospitals like UCLA are now focusing on teleconsultation to reach people in this pandemic to provide support.
The United States controls more than 76% of the North American pelvic floor stimulator market. According to the United States Department of Health and Human Services, urine incontinence is twice as common in women as in males.
This is due to childbirth, pregnancy, and menopause. Urinary incontinence is not a normal aspect of becoming older, and it is treatable. Electrical stimulation has emerged as one of the most advanced and distinct methods of biofeedback available in the United States for pelvic floor muscle rehabilitation over the last decade.
Critical Questions Answered in the Report
- What are ongoing trends that will shape market growth curve for global Pelvic Floor Stimulator market?
- What are the drivers and challenges affecting the Pelvic Floor Stimulator market demand?
- What are the recent technological advancement in the Pelvic Floor Stimulator market?
- What are key trends and opportunities that will prevail the revenue growth of Pelvic Floor Stimulator market players?
- How will evolving regulatory policies impact the market growth?
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Pelvic Floor Stimulator Market: Segmentation
By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- The Middle East and Africa
Detailed analysis on the geographical region and country wise insights are offered in the latest Pelvic Floor Stimulator market report with established market players as well as incumbents in the region.
Product Type:
- Electrical stimulators
- Magnetic Stimulators
Application:
- Urinary Incontinence
- Sexual Dysfunction
- Neurodegenerative Diseases
End-User:
- Hospitals
- Ambulatory Surgical Centers
- Specialized clinics
- Homecare setting
Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.
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Competitive Analysis
By Prominent Market Players
- Medtronic Plc
- Atlantic Therapeutics
- Laborie Inc.
- The Prometheus Group
- Everyway Medical Instruments Co., Ltd.
- KayCo 2 Ltd.
- InControl Medical Ltd.
- Tic Medizintechnik GmbH
- Shenzhen XFT Medical Ltd.
- Chiaro Technology Ltd.
- Zynex Inc.
- Utah Medical Products, Inc.
- Verity Medical Ltd
With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Pelvic Floor Stimulator market
Why Future Market Insights?
- Comprehensive analysis on evolving purchase pattern across different geographies
- Detailed insights of market segments and sub-segments for historical as well as forecast period
- A competitive analysis of prominent players and emerging players in the Pelvic Floor Stimulator market
- Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
- Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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