In the end of 2021, the global muscle stimulator market was estimated to be worth approximately US$ 698.8 million. The market is expected to grow at a 4.0% CAGR and reach a value of US$ 1034.4 Million by 2032.
The rising prevalence of musculoskeletal diseases in the general population, as well as the emphasis on pain management treatments in sports medicine, are expected to boost market growth.
As per comprehensive research conducted by ESOMAR-certified consulting firm FMI, the global Muscle Stimulator market is projected to witness robust growth during the forecast year 2022 to 2032. The report emphasizes on providing key insights into diverse features including demand, product developments, revenue generation, and sales in the Muscle Stimulator market.
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Advent of Telehealth and Virtual Care to Create Tailwind for the Muscle Stimulator Market Growth
Digitization is making deeper inroads across diverse industries, such as healthcare, owing to the increasing penetration of the internet and smartphones across the world.
During the COVID-19 outbreak, healthcare practitioners and patients realized the importance of digitization and encouraged them to adopt virtual methods of patient examination and consultation to counter the regulations concerning social distancing. This gave rise to a new medical domain, Telehealth.
Since the outbreak, telehealth has gained immense popularity, especially among the geriatric population, owing to the convenience associated with it. Hence, increasing adoption of telehealth across radiology, behavioral health, cardiology, and online consultation is expected to create lucrative opportunities for growth in the Muscle Stimulator market.
Key Muscle Stimulator Market Takeaways and Projections
- The US is estimated to continue dominating the North America market, projecting fastest growth in the region through 2032.
- Germany Muscle Stimulator market is forecast to register robust growth in Europe, accounting for a significant share in the region between 2022 to 2032.
- China is expected to account for the maximum revenue share in the East Asia market, exhibiting the fastest sales growth during the assessment period.
- India is forecast to emerge as a highly remunerative market in South Asia, contributing for the largest sales in the region over the coming 10-years.
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Report Benefits & Key Questions Answered
- Muscle Stimulator Historical Market Outlook: Future Market Insight’s analysis examines vital dynamics, such as drivers, opportunities, and challenges in the Muscle Stimulator market. It also studies the impact of these dynamics on the market for the previous assessment period 2017 to 2021 to forecast the scope of market growth over the coming forecast period 2022 to 2032.
- Muscle Stimulator Demand-Supply Assessment: The latest study published by FMI offers in-depth insights into governing factors facilitating the demand outlook of the Muscle Stimulator market. As per the survey, Muscle Stimulator sales will project steady growth over the forecast period.
- Muscle Stimulator Market Structure Analysis: The report provides detailed information about market the concentration of key players and tier analysis in the Muscle Stimulator market. It also categories market players as per Tier 1, Tier 2, and Tier 3 in terms of their percentage share and product portfolio.
- Muscle Stimulator Market Trend Analysis: FMI’s market trend analysis provide compelling insights into current and upcoming trends in the healthcare industries. It also assists the industry players to identify potential trends to formulate a strategy to take advantage of these existing trends.
Competitive Landscape Analysis
The latest study conducted by FMI provides in-depth insights into the global Muscle Stimulator market to assist management level decision-makers in constructing a strategy to capitalize on the critical trends & opportunities. It also discloses competitive trends and profiles a list of leading players operating in the global Muscle Stimulator market.
Some of the prominent market players are profiled by FMI are:
- AxioBionics LLC
- Beurer GmbH
- BioMedical Life Systems Inc.
- Colfax Corporation
- EMS Physio Ltd.
- Liberate Medical
- OMRON Corporation
- RS Medical
- Zynex Medical
- Abbott
- Medtronic
- Cyberonics
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Key Segments Covered in the Muscle Stimulator Industry Survey
By Product:
- Neuromuscular Electrical Stimulation
- Functional Electrical Stimulation
- Transcutaneous Electrical Nerve Stimulation
- Interferential
- Burst Mode Alternating Current
- Micro Current Electrical Neuromuscular Stimulator
- Others
By Modality:
- Handheld
- Portable
- Table Top
By Application:
- Pain Management
- Neurological Disorder
- Musculoskeletal Disorder
- Muscle Rehabilitation
- Muscle Atrophy
- Muscle Toning & Strengthening
- Muscle Spasticity & Spasms
- Others
By End User:
- Physical Therapy and Rehabilitation Clinics
- Hospitals
- Ambulatory Surgery Centers
- Home Care
- Others
Region
- North America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa
About 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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