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Electrical Stimulation Devices Global Market Report 2024

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    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5792749
The electrical stimulation devices market size has grown strongly in recent years. It will grow from $7.12 billion in 2023 to $7.82 billion in 2024 at a compound annual growth rate (CAGR) of 9.8%. The growth observed in the historical period can be attributed to various factors, including increased adoption in sports and fitness applications, a notable shift towards non-invasive therapies, the validation of these technologies in clinical settings, the prevalence of rising chronic health conditions, and supportive regulatory measures.

The electrical stimulation devices market size is expected to see rapid growth in the next few years. It will grow to $11.56 billion in 2028 at a compound annual growth rate (CAGR) of 10.3%. The anticipated growth in the forecast period can be attributed to demographic trends, particularly the aging population, an increased incidence of chronic health conditions, the expansion of clinical validation, a supportive regulatory environment, a growing emphasis on mental health, and an augmented focus on preventive healthcare. Noteworthy trends in the forecast period include the influence of regulatory support and reimbursement policies, the continued rise in chronic health conditions, an emphasis on clinical research and evidence, a shift towards non-invasive therapies, and an increased adoption of these technologies in sports and fitness applications.

The surge in the prevalence of muscle disorders is anticipated to drive the growth of the electrical stimulation devices market. Muscle disorders encompass a range of inherited genetic conditions leading to progressive muscle weakness or paralysis over time. These disorders often result in weakened muscles or paralysis, despite a functional nervous system. Electrical stimulation devices play a crucial role in mitigating muscle weakness by inducing controlled and comfortable muscular contractions through skin electrodes and portable stimulators. Notably, The State of Musculoskeletal Health 2021 report by Versus Arthritis indicated that the UK has over 20 million individuals grappling with musculoskeletal disorders such as arthritis. Alarmingly, one in three individuals faces daily pain, contributing to the escalating demand for electrical stimulation devices tailored to address muscle-related ailments. Hence, the burgeoning prevalence of muscle disorders serves as a catalyst propelling the electrical stimulation devices market.

The escalating incidence of chronic pain is poised to fuel the growth of the electrical stimulation device market. Chronic pain, characterized by persistent discomfort beyond the typical healing duration following an injury or illness, is a prevalent issue driving the demand for innovative pain management solutions. This increase in chronic pain instances is fostering a favorable landscape for the expansion of the electrical stimulation device market. The Centers for Disease Control and Prevention reported in April 2023 that approximately 20.9% of adults in the United States, equating to around 51.6 million individuals, grappled with chronic pain in 2021. Moreover, 6.9% of the adult population, accounting for 17.1 million people, faced high-impact chronic pain, significantly limiting their daily activities due to persistent pain. Thus, the rising occurrence of chronic pain stands as a pivotal driver accelerating the growth trajectory of the electrical stimulation device market.

Technological advancements serve as a prominent trend gaining traction in the electrical stimulation market. Leading market entities are introducing FDA-approved, state-of-the-art electrical stimulation devices to elevate patient treatment outcomes. A case in point is Abbott Laboratories, a renowned US-based medical device company operating in the field of electrical stimulation devices. In August 2022, Abbott Laboratories unveiled Proclaim Plus, a technologically advanced spinal cord stimulation device authorized by the US FDA. This cutting-edge device, leveraging FlexBurst360 therapy, represents the next generation of BurstDR stimulation therapy. It offers a broader myotomal coverage at lower amplitudes compared to single-area stimulation, thereby delivering personalized pain relief for a diverse range of painful conditions. The introduction of such innovative and advanced therapies expands the array of available treatments, amplifying the effectiveness and options in the realm of electrical stimulation devices.

The development of innovative products such as nerve stimulators represents a strategic approach for major companies in the electrical stimulation device market to broaden their customer base, increase sales, and drive revenue growth. Nerve stimulators, medical devices that deliver controlled electrical impulses to nerves, have garnered attention due to their potential therapeutic applications. For instance, Checkpoint Surgical, a US-based medical device company, introduced Checkpoint Gemini in September 2022. This device distinguishes itself by its exceptional precision in nerve stimulation. The innovative bipolar probe design of Checkpoint Gemini enables highly accurate direct nerve stimulation, particularly at the fascicular level. Surgeons benefit from this technology as it allows for targeted energy delivery to specific areas, enhancing clarity in identifying the responsible fascicle within a nerve for a particular response. The precision offered by Checkpoint Gemini represents a significant leap forward in nerve stimulation technology, catering to the demand for more accurate and sophisticated medical devices.

In March 2021, Bioventus, a prominent US-based medical device company, executed a strategic acquisition by acquiring Bioness Inc. for $110 million. This transaction played a pivotal role in Bioventus' expansion and consolidation strategies within the electrical stimulation device market. Bioventus, known for its commitment to medical device innovation, incorporated Bioness Inc. as a wholly-owned subsidiary. This strategic move was designed to seamlessly integrate Bioness' complete product portfolio and future research and development plans into Bioventus' operations. Bioness Inc., operating in the neuromodulation and rehabilitation medical device sector.

Major companies operating in the electrical stimulation devices market report are Boston Scientific Corporation, Abbott Laboratories, DJO Global Inc., BTL Corporate Inc., Nevro Corp., NeuroMetrix Inc., Zynex Inc., BioMedical Life Systems, RS Medical, Biotronik Inc., CU Medical System Inc., Beijing Pins Medical Co.Ltd., MicroPort Scientific Corporation, Koninklijke Philips N.V, Bioinduction Ltd., Soterix Medical Inc., Medtronic plc, MYOLYN, Cogentix Medical Inc., Cyberonics Inc., Colfax Corporation, Stimwave Technologies, EndoStim Inc., SPR Therapeutics, Nuvectra Corporation, ElectroCore Inc., Axonics Modulation Technologies Inc., Inspire Medical Systems Inc., Second Sight Medical Products Inc., Cochlear Limited.

North America was the largest region in the electrical stimulation devices market in 2023. Asia-Pacific is expected to be the fastest-growing region in the electrical stimulation devices market report during the forecast period. The regions covered in the electrical stimulation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electrical stimulation devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary types of electrical stimulation devices include deep brain stimulation devices, neuromuscular electrical stimulation devices, sacral nerve stimulation devices, spinal cord stimulation devices, and others. Deep brain stimulation devices involve a medical treatment method that employs an implanted device to deliver electrical currents to specific areas of the brain. This treatment is commonly used for managing movement disorders associated with conditions such as Parkinson's disease (PD), dystonia, essential tremors, and other neurological conditions. Electrical stimulation devices are applied across various domains, including pain management, neurological and movement disorder management, musculoskeletal disorder management, metabolism, gastrointestinal management, and more. These devices are utilized by hospitals, ambulatory surgical centers, and other healthcare facilities.

The electrical stimulation devices market research report is one of a series of new reports that provides electrical stimulation devices market statistics, including electrical stimulation devices industry global market size, regional shares, competitors with an electrical stimulation devices market share, detailed electrical stimulation devices market segments, market trends and opportunities, and any further data you may need to thrive in the electrical stimulation devices industry. This electrical stimulation devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Electrical Stimulation Devices Market Characteristics3. Electrical Stimulation Devices Market Trends and Strategies
4. Electrical Stimulation Devices Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Electrical Stimulation Devices Market Size and Growth
5.1. Global Electrical Stimulation Devices Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Electrical Stimulation Devices Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Electrical Stimulation Devices Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Electrical Stimulation Devices Market Segmentation
6.1. Global Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Deep Brain Stimulation Devices
  • Neuromuscular Electrical Stimulation Devices
  • Sacral Nerve Stimulation Devices
  • Spinal Cord Stimulation Devices
  • Other Devices
6.2. Global Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Pain Management
  • Neurological & Movement Disorder Management
  • Musculoskeletal Disorder Management
  • Metabolism & GIT Management
  • Other Applications
6.3. Global Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Hospitals
  • Ambulatory Surgical Centers
  • Other End Users
7. Electrical Stimulation Devices Market Regional and Country Analysis
7.1. Global Electrical Stimulation Devices Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Electrical Stimulation Devices Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Electrical Stimulation Devices Market
8.1. Asia-Pacific Electrical Stimulation Devices Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Electrical Stimulation Devices Market
9.1. China Electrical Stimulation Devices Market Overview
9.2. China Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Electrical Stimulation Devices Market
10.1. India Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Electrical Stimulation Devices Market
11.1. Japan Electrical Stimulation Devices Market Overview
11.2. Japan Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Electrical Stimulation Devices Market
12.1. Australia Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Electrical Stimulation Devices Market
13.1. Indonesia Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Electrical Stimulation Devices Market
14.1. South Korea Electrical Stimulation Devices Market Overview
14.2. South Korea Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Electrical Stimulation Devices Market
15.1. Western Europe Electrical Stimulation Devices Market Overview
15.2. Western Europe Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Electrical Stimulation Devices Market
16.1. UK Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Electrical Stimulation Devices Market
17.1. Germany Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Electrical Stimulation Devices Market
18.1. France Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Electrical Stimulation Devices Market
19.1. Italy Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Electrical Stimulation Devices Market
20.1. Spain Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Electrical Stimulation Devices Market
21.1. Eastern Europe Electrical Stimulation Devices Market Overview
21.2. Eastern Europe Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Electrical Stimulation Devices Market
22.1. Russia Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Electrical Stimulation Devices Market
23.1. North America Electrical Stimulation Devices Market Overview
23.2. North America Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Electrical Stimulation Devices Market
24.1. USA Electrical Stimulation Devices Market Overview
24.2. USA Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Electrical Stimulation Devices Market
25.1. Canada Electrical Stimulation Devices Market Overview
25.2. Canada Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Electrical Stimulation Devices Market
26.1. South America Electrical Stimulation Devices Market Overview
26.2. South America Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Electrical Stimulation Devices Market
27.1. Brazil Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Electrical Stimulation Devices Market
28.1. Middle East Electrical Stimulation Devices Market Overview
28.2. Middle East Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Electrical Stimulation Devices Market
29.1. Africa Electrical Stimulation Devices Market Overview
29.2. Africa Electrical Stimulation Devices Market, Segmentation by Device Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Electrical Stimulation Devices Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Electrical Stimulation Devices Market, Segmentation by End User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Electrical Stimulation Devices Market Competitive Landscape and Company Profiles
30.1. Electrical Stimulation Devices Market Competitive Landscape
30.2. Electrical Stimulation Devices Market Company Profiles
30.2.1. Boston Scientific Corporation
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Abbott Laboratories
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. DJO Global Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. BTL Corporate Inc.
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Nevro Corp.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Global Electrical Stimulation Devices Market Competitive Benchmarking32. Global Electrical Stimulation Devices Market Competitive Dashboard33. Key Mergers and Acquisitions in the Electrical Stimulation Devices Market
34. Electrical Stimulation Devices Market Future Outlook and Potential Analysis
34.1 Electrical Stimulation Devices Market in 2028 - Countries Offering Most New Opportunities
34.2 Electrical Stimulation Devices Market in 2028 - Segments Offering Most New Opportunities
34.3 Electrical Stimulation Devices Market in 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic and Forecast Inflation Rates
35.4. Research Inquiries
35.5. About the Analyst
35.6. Copyright and Disclaimer

Executive Summary

Electrical Stimulation Devices Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on electrical stimulation devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for electrical stimulation devices? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

Markets Covered:1) By Device Type: Deep Brain Stimulation Devices; Neuromuscular Electrical Stimulation Devices; Sacral Nerve Stimulation Devices; Spinal Cord Stimulation Devices; Other Devices

2) By Application: Pain Management; Neurological & Movement Disorder Management; Musculoskeletal Disorder Management; Metabolism & GIT Management; Other Applications

3) By End User: Hospitals; Ambulatory Surgical Centers; Other End Users

Companies Mentioned: Boston Scientific Corporation; Abbott Laboratories; DJO Global Inc.; BTL Corporate Inc.; Nevro Corp.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Boston Scientific Corporation
  • Abbott Laboratories
  • DJO Global Inc.
  • BTL Corporate Inc.
  • Nevro Corp.
  • NeuroMetrix Inc.
  • Zynex Inc.
  • BioMedical Life Systems
  • RS Medical
  • Biotronik Inc.
  • CU Medical System Inc.
  • Beijing Pins Medical Co.Ltd.
  • MicroPort Scientific Corporation
  • Koninklijke Philips N.V
  • Bioinduction Ltd.
  • Soterix Medical Inc.
  • Medtronic plc
  • MYOLYN
  • Cogentix Medical Inc.
  • Cyberonics Inc.
  • Colfax Corporation
  • Stimwave Technologies
  • EndoStim Inc.
  • SPR Therapeutics
  • Nuvectra Corporation
  • ElectroCore Inc.
  • Axonics Modulation Technologies Inc.
  • Inspire Medical Systems Inc.
  • Second Sight Medical Products Inc.
  • Cochlear Limited

Methodology

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