Neuromuscular stimulator, also known as neuromuscular electrical stimulation (NMES), is the elicitation of muscle contraction using electric impulses. Muscle stimulators are used to improve blood circulation, control of muscle, toning of the muscles and increase in muscle strength. This is done by passing electric current to the body making the muscle contract.
MARKET DYNAMICS
Factors driving the growth of the neuromuscular stimulators market are increase in popularity of muscle stimulators. However, adoption of alternate therapy is likely to hamper the growth of the market. Moreover, technological advancements in the neuromuscular stimulators is further likely to create growth opportunities in the market.
MARKET SCOPE
The "Neuromuscular Stimulators Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of neuromuscular stimulators market with detailed market segmentation by type, and end use. The neuromuscular stimulators 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 neuromuscular stimulators market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The neuromuscular stimulators market is segmented on the basis of type, and end user. On the basis of type, the market is categorized as spinal cord stimulation, gastric electric stimulation, deep brain stimulation, sacral nerve stimulation, and vagus nerve stimulation. On the basis of end use, the market is categorized as pain management, Parkinson's disease, urinary and fecal incontinence, epilepsy, gastroparesis, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the neuromuscular stimulators 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 neuromuscular stimulators 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 neuromuscular stimulators 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 effecting the neuromuscular stimulators market in these regions.
MARKET PLAYERS
The report covers key developments in the neuromuscular stimulators 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 neuromuscular stimulators market are anticipated to have lucrative growth opportunities in the future with the rising demand for neuromuscular stimulators in the global market. Below mentioned is the list of few companies engaged in the neuromuscular stimulators market.
The report also includes the profiles of key players in neuromuscular stimulators market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
- Medtronic
- Boston Scientific
- Abbott
- LiveNova (Cyberonics)
- Nevro
- Inspire Medical Systems
- NeuroPace
- Autonomic Technologies
- Zimmer MedizinSysteme GmbH
- Zynex Medical
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.