Global Muscle Stimulator Market Research Report- Forecast To 2023

Global Muscle Stimulator Market Research Report- Forecast To 2023

ID: MRFR/MED/0295-CRR | June, 2017 | Region: Global | 89 pages | Cooked Research Reports

Global Muscle stimulator Market Information; By Products (Transcutaneous Electrical Nerve Stimulator, Burst mode Alternating Current, Neuromuscular Electric Stimulation, Interferential Current), by Application (Pain Management, Neurological and Movement Disorder Management and Musculoskeletal Disorder Management) - Forecast to 2023


Market Synopsis of Global Muscle stimulator Market:


Market Scenario:


The muscle stimulators use electric current to elicit contraction in muscles or nerves. The electric signal has intensity and frequency which mimics the nerve signal system. The market for muscle stimulator is rising due to drivers such as increasing popularity of sports and increased demand for fitness products, increasing healthcare expenditure and rising affordability of muscle stimulators, demand for non-invasive technology devices and growing preference for muscle stimulators among physiotherapists etc. The rising population of geriatrics is also a strong stimulant. According to the world health organization by 2050, the world’s population aged 60 years and older is expected to total 2 billion, up from 900 million in 2015. The world health organization also estimates that today, 125 million people are aged 80 years or older. Thus the huge rise in geriatrics around the globe, will drive the market due to greater frequency of muscle ailments in the geriatrics population. There has been increasing incidence of muscle diseases and disorders such as low back pain, spinal injuries etc. are driving the market. The rise of risk factors such as growing prevalence of diabetes, increasing incidence of accident injuries, occupational injuries etc. is driving the growth of these diseases.


Figure 1           Global Muscle stimulator Market by Application, 2016 (% Market Share)

Muscle stimulator Market by Application, 2016


The restraints include competition from alternative therapies such as acupuncture, yoga, and aroma therapy etc., lack of usage guidelines and safety concerns and regulatory uncertainties in the US.


Considering all these factors the market for muscle stimulator is expected to reach $ 768.3 million by the end of 2023, this market is projected to growing at a CAGR of ~ 6.1 % during 2017-2023.

Study objectives:



  • To provide detail analysis of the market structure along with estimated future growth forecast for the next 6 years about various segments and sub-segments of the global muscle stimulator market.

  • To provide insights about factors affecting the market growth.

  • To analyze the global muscle stimulator market based on various factors - price analysis, supply chain analysis, Porters Five Force Analysis etc.

  • To provide past and estimated future revenue of the market’s segments and sub-segments with respect to four main geographies and their countries - Americas, Europe, Asia-Pacific along with Middle East & Africa.

  • To provide country level analysis of the market with respect to the current market size and future growth prospect.

  • To provide country level analysis of the market’s segments which includes by products, and by application.

  • To provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies and drawing a competitive landscape of the market.

  • To track and analyze developments which are competitive in nature such as joint ventures, strategic alliances, mergers and acquisitions, new disease developments along with research and developments currently taking place in the global muscle stimulator market.


Key players of Global Muscle stimulator Market:


Key players profiled in the report are DJO Global, Inc., Mettler Electronics Corp., Axiobionics, Zynex, NeuroMetrix, Inc., OMRON Corporation, Tone-A-Matic and others.


Segments:


The global muscle stimulator market is segmented on the basis of products. Based on the products, the market has been segmented as transcutaneous electrical nerve stimulator, burst mode alternating current, neuromuscular electric stimulation, and interferential current. Based on the application, the market has been segmented as pain management, neurological and movement disorder management and musculoskeletal disorder management.


Research methodology

Research methodology muscle stimulator market


Intended Audience



  • Global muscle stimulator providers, manufacturers & suppliers

  • Research and development (R&D) companies

  • Market research and consulting service providers

  • Academic institutes and universities


 


Regional analysis


US accounts for the maximum market share due to favorable reimbursement scenario and greater expenditure on healthcare. Europe is the second largest market due to large disposable income and rising awareness. Asia pacific region will be the fastest region because of large unmet needs which will be led by China and India. The Middle East and Africa market will be led by the gulf nations particularly Saudi Arabia and UAE. The poor regions of Africa is expected to be a laggard due to poor economic and political conditions.



The report for Global Muscle stimulator Market by Market Research Future comprises of extensive primary research along with the detail analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the different market segments and regions.

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TABLE OF CONTENTS

2.1 Introduction

2.2 Scope of Study

2.3 Research Objective

2.4 Assumptions & Limitations

2.4.1 Assumptions

2.4.2 Limitations

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

4.1 Drivers

4.2 Restraints

5.1 Porter’s Five Forces Model

5.1.1 Bargaining power of suppliers

5.1.2 Bargaining Power of Buyers

5.1.3 Threat of New Entrants

5.1.4 Threat of Substitutes

5.1.5 Intensity of Rivalry

5.2 Supply Chain Analysis

6.1 Transcutaneous Electrical Nerve Stimulator

6.2 Burst mode Alternating Current

6.3 Neuromuscular Electric Stimulation

6.4 Interferential Current

7.1 Pain Management

7.2 Neurological and Movement Disorder Management

7.3 Musculoskeletal Disorder Management

8.1 Introduction

8.1 Introduction

8.2 North America

8.2.1.1 US

8.2.1.2 Canada

8.2.2 South America

8.3 Europe

8.3.1Germany

8.3.2 France

8.3.3 Italy

8.3.4 Spain

8.3.5 UK

8.3.6 Rest of Europe

8.4 Asia Pacific

8.4.1 China

8.4.2 India

8.4.3 Japan

8.4.4 Republic of Korea

8.4.5 Australia

8.4.6 Rest of Asia

8.5 Middle East and Africa

8.5.1 United Arab Emirates

8.5.2 Saudi Arabia

8.5.4 Rest of Middle East and Africa

9.1 Cost of treatment

9.2 Production Capacity of Major Players

10.1 DJO Global, Inc.

10.1.1 Overview

10.1.2 Product/Business Segment Overview

10.1.3 Financial Updates

10.1.4 Key Developments

10.2 Mettler Electronics Corp.

10.2.1 Overview

10.2.2 Product/Business Segment Overview

10.2.3 Financial Updates

10.2.4 Key Developments

10.3 Axiobionics

10.3.1 Overview

10.3.2 Product/Business Segment Overview

10.3.3 Financial Updates

10.4 Zynex

10.4.1 Overview

10.4.2 Product/Business Segment Overview

10.4.3 Financial Updates

10.4.4 Key Development

10.5 NeuroMetrix Inc.

10.5.1 Overview

10.5.2 Product/Business Segment Overview

10.5.3 Financial Updates

10.5.4 Key Developments

10.6 Others

11.1 Key Findings

11.1.1 From CEO’s Viewpoint

11.1.2 Unmet Needs of the Market

11.2 Key Companies to Watch

11.3 Prediction of ventilation device Industry

TABLE 1 GLOBAL MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 33
TABLE 2 GLOBAL MUSCLE STIMULATOR TEST MARKET, FOR TRANSCUTANEOUS ELECTRICAL NERVE STIMULATOR US$ MILLION (2014-2023) 35
TABLE 3 GLOBAL MUSCLE STIMULATOR TEST MARKET, FOR BURST MODE ALTERNATING CURRENT US$ MILLION (2014-2023) 36
TABLE 4 GLOBAL MUSCLE STIMULATOR TEST MARKET, FOR NEUROMUSCULAR ELECTRIC STIMULATION US$ MILLION (2014-2023) 37
TABLE 5 GLOBAL MUSCLE STIMULATOR TEST MARKET, FOR INTERFERENTIAL CURRENT US$ MILLION (2014-2023) 38
TABLE 6 GLOBAL MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 39
TABLE 7 GLOBAL MUSCLE STIMULATOR TEST MARKET,FOR PAIN MANAGEMENT US$ MILLION (2014-2023) 40
TABLE 8 GLOBAL MUSCLE STIMULATOR TEST MARKET, FOR NEUROLOGICAL AND MOVEMENT DISORDER MANAGEMENT US$ MILLION (2014-2023) 41
TABLE 9 GLOBAL MUSCLE STIMULATOR TEST MARKET, FOR MUSCULOSKELETAL DISORDER MANAGEMENT US$ MILLION (2014-2023) 42
TABLE 10 GLOBAL MUSCLE STIMULATOR TESTS MARKET, BY REGION US$ MILLION (2014-2023) 43
TABLE 11 NORTH AMERICA MUSCLE STIMULATOR TESTS MARKET, BY COUNTRY US$ MILLION (2014-2023) 44
TABLE 12 NORTH AMERICA MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 45
TABLE 13 NORTH AMERICA MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 46
TABLE 14 US MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 46
TABLE 15 US MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 47
TABLE 16 CANADA MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 47
TABLE 17 CANADA MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 48
TABLE 18 EUROPE MUSCLE STIMULATOR TESTS MARKET, BY COUNTRY US$ MILLION (2014-2023) 49
TABLE 19 EUROPE MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT BY PRODUCT US$ MILLION (2014-2023) 50
TABLE 20 EUROPE MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 50
TABLE 21 GERMANY MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT BY PRODUCT US$ MILLION (2014-2023) 51
TABLE 22 GERMANY MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 51
TABLE 23 FRANCE MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT BY PRODUCT US$ MILLION (2014-2023) 52
TABLE 24 FRANCE MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 52
TABLE 25 UK MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT BY PRODUCT US$ MILLION (2014-2023) 53
TABLE 26 UK MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 53
TABLE 27 ITALY MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 54
TABLE 28 ITALY MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 54
TABLE 29 SPAIN MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 55
TABLE 30 SPAIN MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 55
TABLE 31 REST OF EUROPE MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 56
TABLE 32 REST OF EUROPE MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 56
TABLE 33 ASIA PACIFIC MUSCLE STIMULATOR TESTS MARKET BY, COUNTRY US$ MILLION (2014-2023) 57
TABLE 34 ASIA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 58
TABLE 35 ASIA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 58
TABLE 36 JAPAN MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 59
TABLE 37 JAPAN MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 59
TABLE 38 CHINA MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 60
TABLE 39 CHINA MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 60
TABLE 40 INDIA MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 61
TABLE 41 INDIA MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 61
TABLE 42 REPUBLIC OF KOREA MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 62
TABLE 43 REPUBLIC OF KOREA MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 62
TABLE 44 AUSTRALIA MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 63
TABLE 45 AUSTRALIA MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 63
TABLE 46 REST OF ASIA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 64
TABLE 47 REST OF ASIA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 64
TABLE 48 MIDDLE EAST & AFRICA MUSCLE STIMULATOR TESTS MARKET BY, COUNTRY US$ MILLION (2014-2023) 65
TABLE 49 MIDDLE EAST & AFRICA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 66
TABLE 50 MIDDLE EAST & AFRICA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 66
TABLE 51 UAE PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 67
TABLE 52 UAE PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 67
TABLE 53 SAUDI ARABIA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 68
TABLE 54 SAUDI ARABIA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 68
TABLE 55 EGYPT PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 69
TABLE 56 EGYPT PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 69
TABLE 57 REST OF MIDDLE & AFRICA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY PRODUCT US$ MILLION (2014-2023) 70
TABLE 58 REST OF MIDDLE & AFRICA PACIFIC MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2014-2023) 70

FIGURE 1 GLOBAL MUSCLE STIMULATOR MARKET BY PRODUCTS MARKET SHARE 2016 (%) 11
FIGURE 2 GLOBAL MUSCLE STIMULATOR MARKET BY APPLICATIONS MARKET SHARE 2016 (%) 12
FIGURE 3 GLOBAL MUSCLE STIMULATOR MARKET BY REGIONS MARKET SHARE 2016 (%) 13
FIGURE 4 MARKET STRUCTURE 15
FIGURE 5 RESEARCH PROCESS 16
FIGURE 6 MUSCLE STIMULATOR MARKET: PORTER FIVE FORCES ANALYSIS 24
FIGURE 7 GLOBAL MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2016-2023) 34
FIGURE 8 GLOBAL MUSCLE STIMULATOR TESTS MARKET, BY APPLICATION US$ MILLION (2016 & 2023) 40
FIGURE 9 GLOBAL MUSCLE STIMULATOR TESTS MARKET, BY REGION US$ MILLION (2016-2023) 44
FIGURE 10 NORTH AMERICA MUSCLE STIMULATOR TESTS MARKET, BY COUNTRY MARKET SHARE 2016 (%) 45
FIGURE 11 EUROPE MUSCLE STIMULATOR TESTS MARKET, BY COUNTRY MARKET SHARE 2016 (%) 49
FIGURE 12 ASIA PACIFIC MUSCLE STIMULATOR TESTS MARKET BY, COUNTRY MARKET SHARE 2016 (%) 57
FIGURE 13 MIDDLE EAST & AFRICA MUSCLE STIMULATOR TESTS MARKET BY, COUNTRY MARKET SHARE 2016 (%) 65
FIGURE 14 GLOBAL MUSCLE STIMULATOR MARKET SHARE ANALYSIS 2016 (%) 71
FIGURE 15 FINANCIAL OVERVIEW NET SALES 79
FIGURE 16 FINANCIAL OVERVIEW: REVENUE 81
FIGURE 17 OMRON CORPORATION RECENT FINANCIAL: REVENUE 83
FIGURE 18 OMRON CORPORATION RECENT FINANCIAL: SEGMENTAL REVENUE 84
FIGURE 19 OMRON CORPORATION RECENT FINANCIAL: GEOGRAPHICAL REVENUE 84