Functional Electrical muscle stimulator (FEMS) is an electronic device used to pass the electric impulses to a desired part of the body in human beings through a sequence of conductors/ electrodes. Thus, because of the current the muscles contract-relax which assist in the toning of muscles, increase in the muscle power and improve muscle motility and blood flow to paralyzed muscles to restore or improve their function.
MARKET DYNAMICS
Elements like introduction of new innovative technologies, health awareness among elderly people, healthcare budgets expansion and pain management therapies in sports medicine are the key factors driving the market. Moreover, the rising widespread presence of musculoskeletal disorders among citizens is expected to further drive the market growth. Increased price of stimulators, significantly in the emerging markets can hinder the growth of muscle stimulator market.
MARKET SCOPE
The "Functional Electrical Muscle Stimulator Market Analysis to 2028" is a specialized and in-depth study of the Medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of functional electrical muscle stimulator market with detailed market segmentation with type, application and end user. The functional electrical muscle stimulator market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in functional electrical muscle stimulator market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The functional electrical muscle stimulator market is segmented on the basis of type, application and end user. On the basis of type, the functional electrical muscle stimulator market is divided into handheld, portable and table top. Based on application market is segmented as pain management neurological disorder, musculoskeletal disorder and others. On the basis of end user market can be segmented into hospitals, ambulatory surgical centers, physiotherapy clinics, sports clinics and home care.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the functional electrical muscle stimulator market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The functional electrical muscle stimulator market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting functional electrical muscle stimulator market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the functional electrical muscle stimulator market in these regions.
MARKET PLAYERS
The report covers key developments in functional electrical muscle stimulator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from functional electrical muscle stimulator market are anticipated to have lucrative growth opportunities in the future with the rising demand for functional electrical muscle stimulator in the global market. Below mentioned is the list of few companies engaged in the functional electrical muscle stimulator market.
The report also includes the profiles of key players in functional electrical muscle stimulator market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Zynex, Inc.
- EMS Physio Ltd.
- OMRON Corporation
- Zimmer Medizin Systeme GmbH
- NeuroMetrix, Inc.
- BioMedical Life Systems, Inc.
- OG Wellness Technologies Co., Ltd.
- RS Medical, Inc.
- Mettler Electronics Corp.
- Cyberonics, Inc.
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