Market Overview:
The Global Micro Current Electrical Neuro Muscular Stimulator Market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for micro current electrical neuro muscular stimulator devices for various applications such as hospitals, ambulatory surgical centers, physiotherapy clinics, sports clinics and home care. Additionally, the growing awareness about the benefits of using these devices is also contributing to market growth.
Product Definition:
Micro current electrical neuro muscular stimulator is a device that is used to stimulate the muscles. It helps to improve the muscle tone and strength, and also helps in reducing the pain.
Handheld:
Handheld devices are portable and can be used in the comfort of home as well as in clinics. They are battery operated and hence have no external power source. These devices produce mild electrical current which is sent to the nerve fibers of muscles through electrodes placed on the skin. The current produced by these devices varies between 0.1mA - 100 mA, but typically ranges from 5 mA - 200 mA depending upon the type of device and muscle being stimulated.
Portable:
The portable is a device that helps in providing micro current electrical neuro muscular stimulator to the patient. It consists of two metal plates and plastic insulating tube which is inserted into the skin. One end of the tube connects with an electric battery, while other end holds electrodes which send out weak electric current for stimulating muscles.
Application Insights:
The market is segmented based on application into hospitals, ambulatory surgical centers, physiotherapy clinics, sports clinics and home care. The hospital segment dominated the market in 2017 owing to increasing prevalence of neurological disorders and rising demand for effective treatment methods. According to WHO¢â‚¬â„¢s estimates, around 50 million people suffer from some form of Parkinson¢â‚¬â„¢s disease worldwide which accounts for around 1% of all dementia cases globally. Thus the need for effective treatment devices is high especially in case of mild forms that do not require surgery or invasive procedures such as deep brain stimulation. This factor along with growing healthcare expenditure will drive the growth of this segment over the forecast period thereby contributing towards overall industry growth during this period.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure, high disposable income, and increasing awareness about physical therapy. Moreover, rising prevalence of chronic conditions such as Parkinson’s disease and epilepsy is expected to drive demand for DBS devices in North America. According to a study published by National Institute of Neurological Disorders & Strokes (NINDS), around 2 million adults were living with Parkinson's disease (PD) in the U.S., 90% of whom had no or mild symptoms at onset.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to improving economic status and growing medical tourism industry especially for neurological disorders such as multiple sclerosis (MS).
Growth Factors:
- Increasing demand for non-invasive and painless treatment methods: The global Micro Current Electrical Neuro Muscular Stimulator market is witnessing a significant rise in demand for non-invasive and painless treatment methods. This is primarily owing to the growing awareness about the benefits of such treatments among consumers.
- Rising prevalence of chronic diseases: The incidence of chronic diseases, such as arthritis, Parkinson’s disease, and cerebral palsy, is on the rise across the world. This is leading to an increase in demand for Micro Current Electrical Neuro Muscular Stimulator devices as they offer an effective treatment option for these conditions.
- Technological advancements: The global Micro Current Electrical Neuro Muscular Stimulator market is witnessing rapid technological advancements, which are resulting in the development of new and innovative products that offer better performance and features than earlier models. This is helping to boost sales growth of Micro Current Electrical Neuro Muscular Stimulator devices globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Micro Current Electrical Neuro Muscular Stimulator Market Research Report
By Type
Handheld, Portable, Table Top
By Application
Hospitals, Ambulatory Surgical Centers, Physiotherapy Clinics, Sports Clinics, Home Care
By Companies
DJO Global, Inc. (Colfax), Zynex, Inc., NeuroMetrix, Inc., OMRON Corporation, Zimmer MedizinSysteme GmbH, BioMedical Life Systems, Inc., EMS Physio Ltd., OG Wellness Technologies Co., Ltd.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Micro Current Electrical Neuro Muscular Stimulator Market Report Segments:
The global Micro Current Electrical Neuro Muscular Stimulator market is segmented on the basis of:
Types
Handheld, Portable, Table Top
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Surgical Centers, Physiotherapy Clinics, Sports Clinics, Home Care
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DJO Global, Inc. (Colfax)
- Zynex, Inc.
- NeuroMetrix, Inc.
- OMRON Corporation
- Zimmer MedizinSysteme GmbH
- BioMedical Life Systems, Inc.
- EMS Physio Ltd.
- OG Wellness Technologies Co., Ltd.
Highlights of The Micro Current Electrical Neuro Muscular Stimulator Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Handheld
- Portable
- Table Top
- By Application:
- Hospitals
- Ambulatory Surgical Centers
- Physiotherapy Clinics
- Sports Clinics
- Home Care
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Micro Current Electrical Neuro Muscular Stimulator Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A micro current electrical neuro muscular stimulator (MCENMS) is a medical device that uses low-level electrical currents to stimulate muscles. The stimulator is placed on the skin over the muscle and connected to a battery pack. When activated, the stimulator sends small bursts of electricity through the skin and into the muscle, causing it to contract.
Some of the key players operating in the micro current electrical neuro muscular stimulator market are DJO Global, Inc. (Colfax), Zynex, Inc., NeuroMetrix, Inc., OMRON Corporation, Zimmer MedizinSysteme GmbH, BioMedical Life Systems, Inc., EMS Physio Ltd., OG Wellness Technologies Co., Ltd..
The micro current electrical neuro muscular stimulator market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Micro Current Electrical Neuro Muscular Stimulator Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Micro Current Electrical Neuro Muscular Stimulator Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Micro Current Electrical Neuro Muscular Stimulator Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Micro Current Electrical Neuro Muscular Stimulator Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Micro Current Electrical Neuro Muscular Stimulator Market Size & Forecast, 2020-2028 4.5.1 Micro Current Electrical Neuro Muscular Stimulator Market Size and Y-o-Y Growth 4.5.2 Micro Current Electrical Neuro Muscular Stimulator Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Handheld
5.2.2 Portable
5.2.3 Table Top
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Ambulatory Surgical Centers
6.2.3 Physiotherapy Clinics
6.2.4 Sports Clinics
6.2.5 Home Care
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Micro Current Electrical Neuro Muscular Stimulator Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Micro Current Electrical Neuro Muscular Stimulator Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Handheld
9.6.2 Portable
9.6.3 Table Top
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Ambulatory Surgical Centers
9.10.3 Physiotherapy Clinics
9.10.4 Sports Clinics
9.10.5 Home Care
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Handheld
10.6.2 Portable
10.6.3 Table Top
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Ambulatory Surgical Centers
10.10.3 Physiotherapy Clinics
10.10.4 Sports Clinics
10.10.5 Home Care
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Handheld
11.6.2 Portable
11.6.3 Table Top
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Ambulatory Surgical Centers
11.10.3 Physiotherapy Clinics
11.10.4 Sports Clinics
11.10.5 Home Care
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Handheld
12.6.2 Portable
12.6.3 Table Top
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Ambulatory Surgical Centers
12.10.3 Physiotherapy Clinics
12.10.4 Sports Clinics
12.10.5 Home Care
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Handheld
13.6.2 Portable
13.6.3 Table Top
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Ambulatory Surgical Centers
13.10.3 Physiotherapy Clinics
13.10.4 Sports Clinics
13.10.5 Home Care
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Micro Current Electrical Neuro Muscular Stimulator Market: Competitive Dashboard
14.2 Global Micro Current Electrical Neuro Muscular Stimulator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DJO Global, Inc. (Colfax)
14.3.2 Zynex, Inc.
14.3.3 NeuroMetrix, Inc.
14.3.4 OMRON Corporation
14.3.5 Zimmer MedizinSysteme GmbH
14.3.6 BioMedical Life Systems, Inc.
14.3.7 EMS Physio Ltd.
14.3.8 OG Wellness Technologies Co., Ltd.