The Muscle Stimulators use electric current to elicit contraction in muscles or nerves. The electric signal has intensity and frequency which mimics the nerve signal system. Market research future has a Cooked research report on global muscle stimulator market. The global muscle stimulator market is growing at an average rate and is expected show the similar trend during forecast period. The Market for Muscle Stimulator is expected to reach $ 768.3 million by the end of 2023, this market is projected to growing at a CAGR of ~ 6.1 % during 2017-2023.
The Muscle Stimulator Market is also witnessing high technological development. The manufacturing of medical devices in general and muscle stimulators in particular is also undergoing changes. The latest technological advancements include active research in frequencies and strength of electric current used for muscle stimulation. Increasing miniaturization and portability of the muscle stimulator devices is another development that is driving the growth of the market.
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Global Muscle Stimulator Market – SWOT
Strength:
High capacity and capability of manufacturer
Growing product development such as portability
Weakness:
Poor legal framework
Poor and unorganized manufacturing
Lack of education and low number of Institutes
Opportunities:
Growing demand for non-invasive therapies
Growing acceptance
Threats:
Rising Competition
Market Fragmentation
Global Muscle Stimulator Market – Segments
The Global Muscle Stimulator Market is segmented on the basis of products. Based on the products, the market has been segmented as transcutaneous electrical nerve stimulator, burst mode alternating current, neuromuscular electric stimulation, and interferential current. Based on the application, the market has been segmented as pain management, neurological and movement disorder management and musculoskeletal disorder management.
Global Muscle Stimulator Market – Key Players
Key players profiled in the report are
- DJO Global, Inc.
- Mettler Electronics Corp.
- Axiobionics
- Zynex
- NeuroMetrix, Inc.
- OMRON Corporation
- Tone-A-Matic
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Global Muscle Stimulator Market – Regional Analysis
US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and rising awareness. Asia pacific region will be the fastest region because of large unmet needs which will be led by China and India. The Middle East and Africa market will be led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa are expected to be a laggard due to poor economic and political conditions.
Major Table of Content
Chapter 1. Report Prologue
Chapter 2. Market Introduction
2.1 Definition
2.2 Scope of the Study
2.2.1 Research Objective
2.2.2 Assumptions
2.2.3 Limitations
Chapter 3. Research Methodology
3.1 Introduction
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
Chapter 4. Market Dynamics
Continued….
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