Muscle Stimulator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

  • Single User License $3500

Muscle Stimulator Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028

Status : September, 2021 | Medical Devices

Report Digest


Global Muscle Stimulator Market: Snapshot

The global muscle stimulator market is foretold to increase growth as it banks on certain factors such as technological advancement in the healthcare sector, improving adoption among physiotherapists, and rising incidence of musculoskeletal disorders. There is still a large percentage of people leading unhealthy lifestyles, lacking fitness, and holding a poor body posture. This has increased the risk of musculoskeletal disorders across the world. Vendors are expected to take advantage of the rising prevalence of musculoskeletal disorders to increase their sales rate in the global muscle stimulator market.

Arthritis is a leading cause of disability in adults, as per the findings of the Arthritis Foundation in the U.S. Rising incidence of arthritis and also diabetes is foreseen to push the demand in the global muscle stimulator market. Manufacturers are anticipated to find larger success in the sale of portable muscle stimulators in the near future. These muscle stimulators are used to increase blood circulation, manage chronic pain in arthritis, provide muscle re-education, relax muscle spasms, and prevent muscle atrophy.

Muscle stimulator is used in a number of applications such as neurological disorders and pain management besides musculoskeletal disorders. Among these, pain management could emerge as a prominent application of muscle stimulator owing to the rising number of cancer and arthritis cases. Rheumatoid arthritis is also common in children and babies. This could increase the demand in the global muscle stimulator market. On the other hand, high demand for pain management due to the rise in global geriatric population is projected to push the growth of the global muscle stimulator market.

The muscle stimulator market is envisaged to show quicker growth in Asia Pacific because of the rising adoption of smart devices and improving awareness about health and fitness. Rising number of sports injuries could also stoke the demand for muscle stimulator in the region.

Global Muscle Stimulator Market: Overview

Muscle stimulators are a variety of devices that work on the principle of using electrical impulses on muscles as a way of relieving chronic pain. Techniques such as transcutaneous electrical nerve stimulation, interferential stimulation, neuromuscular electric stimulation, and burst mode alternating current are commonly utilized in muscle stimulators. Muscle stimulators are also used for improving muscle strength, muscle control, blood circulation, and toning muscles.

A variety of muscle stimulators are available in the global market and new varieties continue to flow into the global market as companies plough increased resources into R&D practices to stay ahead of competition. As technologies advance, awareness regarding to health rises, understanding regarding sports medicine becomes more profound, and healthcare budgets expand, the market for muscle stimulators is also expected to expand.

Global Muscle Stimulator Market: Trends and Opportunities

The key factors driving the global demand for a variety of muscle stimulators include the rising inclination of consumers towards fitness and sports activities and the high rate of adoption of these devices in home care settings and physiotherapy clinics. The market is also driven by rising spending power and increasing healthcare expenditure across the globe. The easy availability of many affordable muscle stimulators across the globe has also propelled the market, especially in cost-sensitive developing markets.

However, the market’s growth prospects are expected to be constrained to a certain extent owing to the lack of usage guidelines, availability of substitute products, and low awareness regarding the treatment of chronic pain. High costs of technologically advanced products could also emerge as a limiting factor for the market, especially in developing as well as less-developed economies. Moreover, stringent regulations pertaining the approval and marketing of a variety of muscle stimulators in developed economies across North America and Europe could also hinder the growth prospects of the market to a certain extent.

Global Muscle Stimulator Market: Market Potential

Muscle stimulators are commonly used for treating chronic pain in the back and legs. In the past few years, the number of people suffering from chronic pain has considerably increased. The attempts made by healthcare agencies in recognizing chronic pain as a major healthcare concern has led to an increased awareness among the global population about the need to adhere to effective courses of treatment for their chronic pain conditions. Muscle stimulators are also used by athletes for relieving pain triggered by intense practice sessions and strenuous tournaments. The rising numbers of participants in several sports activities worldwide could also propel the global muscle stimulation devices market.

Global Muscle Stimulator Market: Regional Analysis

Regions such as North America and Europe, with the presence of several international medical device companies and a large patient pool suffering from chronic pain, have been the traditional leaders of the global muscle stimulators market. The market in these regions features a wide array of product types and several new varieties awaiting FDA clearance. The willingness of the population for spending on personal healthcare and high disposable incomes are some of the major factors leading to the vast demand for a variety of muscle stimulation devices in these regions.

However, rising disposable incomes in Asia Pacific and increased healthcare expenditures will develop vast development opportunities for the muscle stimulation devices market in the region in the near future.

Some of the most prominent vendors operating in the global muscle stimulators market are Omron Corp., DJO Global, Inc., RS Medical, Inc., NeuroMetrix, Inc., and Zynex, Inc.

The reports at TMR Research provide qualitative solutions that break the barriers of doubt or uncertainties when the stakeholders plan to expand their growth reach. The researchers compile the necessary information that enlightens the CXOs about the current growth opportunities in a specific market and enables them to make the most of the opportunities.

TMR Research is a leader in developing well-researched reports. The expertise of the researchers at TMR Research makes the report stand out from others. TMR Research reports help the stakeholders and CXOs make impactful decisions through a unique blend of innovation and analytical thinking. The use of innovation and analytical thinking while structuring a report assures complete and ideal information of the current status of the market to the stakeholders.

TMR Research has rich experience in developing state-of-the-art reports for a wide array of markets and sectors. The brilliance of the experts at TMR Research and their alacrity to conduct thorough research and create phenomenal reports makes TMR Research better than others.

5-Point Growth Formula

The 5-point growth formula developed by TMR Research provides an insight to the stakeholders and CXOs about the current situation in the market. The growth formula makes the report a perfect companion for the stakeholders and CXOs.

The 5-point growth formula includes the following points:

  • Current and Future Threats
  • Accurate Trend Analysis
  • Regional Assessment
  • Industrial Analogy
  • COVID-19 Impact

Current and Future Threats

Along with studying the opportunities necessary for growth, threats are also an important aspect to look upon for the companies and stakeholders in a specific sector. TMR Research studies every negative aspect that will hinder the growth of a specific area of business and includes it in the report. The stakeholders and CXOs will have the benefit of assessing the threat and take the necessary steps to prevent the hindrance caused due to the threats.

Accurate Trend Analysis

Keeping up with the latest trends is crucial in any business or sector. While stakeholders are aware of the trends that are on the surface, TMR Researchers find trends that are deeply entrenched in the particular market or sector. The reports are constantly updated with the latest trends so that the stakeholders and CXOs can derive benefits from the trends and generate good revenues.

Regional Assessment

Demography forms an important part of the growth pattern of all the markets. Diving deep into the demographics enables maximum output from specific areas. The TMR Research team assesses every region and picks out the vital points that have a large impact on the growth of a market.

Industrial Analogy

The analysts at TMR Research conduct an all-round analysis on the competitive landscape of the market. The observations recorded by the analysts are added to the reports so that every stakeholder gets a glimpse of the competitive scenario and frame their business plans according to the situation.

COVID-19 Impact

The COVID-19 outbreak has changed the growth projections of numerous sectors and businesses. The analysts at TMR Research have conducted a conscientious survey on the markets after the pandemic struck. The analysts have put forth their brilliant and well-researched opinions in the report. The opinions will help the stakeholders to plan their strategy accordingly.

The reports offer answers to the top 7 questions that revolve around the growth of the market

  • What are the diverse growth parameters influencing the market?
  • Which regions will contribute largely to the growth of the market
  • What are the recent innovations and technological advancements in the market?
  • What are the emerging trends across the market?
  • How has COVID-19 affected the market?
  • What will be the post-pandemic scenario of the market?
  • What are the major threats that will dent the growth prospects of the market?