Omron Healthcare, Inc. introduced the release of an nerve stimulator (model HV-F013), to provide drug-free pain relief. Further, owing to its suitability for treating nearly all types of pain, including nerve, muscle, and joint pain, patients will feel better and need opioids less frequently.
Boston Scientific Corporation introduced the Wave Writer Alpha spinal cord stimulator systems, which are backed by Cognita Solutions, to address common pain management issues like raising awareness of drug-free pain management options, and helping patients locate nearby doctors.
Author Credits: Radhika Gupta, Shivam Bhutani
Report ID: 3225
Published Date: May 02, 2023
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Increasing cases of musculoskeletal conditions and the growing rate of sports injuries are the major factors driving the market growth.
The market size of muscle stimulator is anticipated to attain a CAGR of 6% over the forecast period, i.e., 2023-2035.
Absence of regulations regarding the use of muscle stimulators and the exorbitant cost of muscle stimulator devices are estimated to be the growth hindering factors for the market expansion.
The market in the North American region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
The major players in the market are Boston Scientific Corporation, NeuroMetrix, Inc., OMRON Corporation, BioMedical Life Systems Inc., Zynex, Inc., EMS Physio Ltd., Beurer GmbH, Just Fitter, EMS Physio Ltd., RS Medical, Inc., and other key players.
The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
The market is segmented by application, modality, product, end user, and by region.
The transcutaneous electrical nerve stimulator segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.