Global Muscle Stimulator Market

Muscle Stimulator Market Size, Share, Growth Analysis, By Product Type(Neuromuscular Electrical Stimulation, Functional Electrical Stimulation, Transcutaneous Electrical Nerve Stimulation, Interferential), By Modality(Handheld, Portable, and Table Top), By Application(Pain Management, Neurological Disorder, Musculoskeletal Disorder, and Others), By End-use(Hospitals, Ambulatory Surgical Centers, Physiotherapy Clinics, Sports Clinics), By Region - Industry Forecast 2024-2031


Report ID: SQMIG35A2618 | Region: Global | Published Date: March, 2024
Pages: 219 | Tables: 124 | Figures: 77

Muscle Stimulator Market News

  • The acquisition of LimaCorporate S.p.A. ("Lima"), a privately held global orthopedic company dedicated to restoring motion through an inventive array of implant treatments, was closed, as Enovis Corporation announced in January 2024. Government organizations like the FDA and the European Union's CE mark regulate the muscle stimulation device market to guarantee its efficacy and safety. In order to get approval or clearance for new devices, companies need to comply with quality system rules and submit data from clinical trials. Muscle stimulators are considered medical devices and have to adhere to ISO 13485 and ISO 10993 standards. Risk management, biocompatibility evaluation, electrical and mechanical safety testing, and current good manufacturing practices are among the main regulatory criteria. To avoid making false claims, regulations also apply to device labeling and advertising.

     

  • In October 2023, Chattanooga Medical Solutions (CMS), a respectable company specializing in professional EMS and muscle rehabilitation equipment, was successfully bought by Compex, a well-known producer of electrical muscle stimulation (EMS) devices. Compex's product offering will be further expanded by this strategic acquisition, which will also give CMS access to Compex's vast international distribution network.

     

  • Leading medical device maker NeuroMetrix, which specializes in treating neurological illnesses and pain, is pleased to announce the release of Ztilio Pro, a state-of-the-art professional muscle stimulator, in September 2023. Designed to be used in pain management clinics, sports medicine facilities, and physical therapy clinics, the Ztilio Pro is a significant advancement in the field of advanced muscle stimulation technology.

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Global Muscle Stimulator Market size was valued at USD 747.23 Million in 2022 and is poised to grow from USD 776.37 Million in 2023 to USD 1054.37 Million by 2031, at a CAGR of 3.9% during the forecast period (2024-2031).

The competitive landscape in the muscle stimulator market is characterized by the presence of several key players offering a range of products and competing based on factors such as product innovation, technology advancements, pricing, and distribution networks. These companies have a strong market presence and offer a variety of muscle stimulator devices catering to different applications, including pain management, muscle rehabilitation, sports performance, and fitness training. They compete in terms of product features, technological advancements, pricing strategies, distribution channels, and customer support. Some players focus on specific segments, such as professional healthcare providers, while others target individual consumers. Additionally, mergers, acquisitions, partnerships, and new product launches are common strategies employed by these key players to strengthen their market position and expand their product portfolios. 'DJO Global', 'Compex (Part of DJO Global)', 'Zynex Medical', 'NeuroMetrix', 'Omron Healthcare', 'Beurer GmbH', 'EMS Physio Ltd.', 'OG Wellness Technologies Co., Ltd.', 'Tone-A-Matic', 'Pure Enrichment', 'iReliev', 'PowerDot', 'TensCare', 'Chattanooga Group (Part of DJO Global)', 'Globus Italia', 'BioMedical Life Systems, Inc.', 'Intelect (Part of DJO Global)', 'TONE-A-CISE Ltd.', 'HiDow International', 'iGym Products Ltd.'

The rising incidence of musculoskeletal disorders, such as chronic pain, muscle weakness, and rehabilitation needs, is a major driver of the muscle stimulator market. Muscle stimulator devices are used in physical therapy and rehabilitation settings to help manage pain, improve muscle strength, and enhance mobility.

Increasing Adoption of Wearable Muscle Stimulators: There is a growing trend of wearable muscle stimulator devices, which can be conveniently worn on the body and provide targeted stimulation for muscle recovery, pain relief, and performance enhancement. These devices offer portability, ease of use, and personalized treatment options, driving their popularity among athletes, fitness enthusiasts, and individuals seeking pain management.

North America is anticipated to remain dominating the market during the projected period. The region's development is being supported by the existence of key players, sizable government investments in the research and development of medical devices, and the early release of cutting-edge muscle stimulators. Additionally, it's expected that consumers' strong purchasing power, increased use of cutting-edge technology, and innovative medical equipment will drive the increase.

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Global Muscle Stimulator Market

Report ID: SQMIG35A2618

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