Global Electrical Stimulation Devices Market Research Report 2017

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27 Sep, 2017, 17:15 GMT

DUBLIN, September 27, 2017 /PRNewswire/ --

The "Global Electrical Stimulation Devices Market 2017-2021" report has been added to Research and Markets' offering.

The global electrical stimulation devices market to grow at a CAGR of 5.83% during the period 2017-2021.

Global Electrical Stimulation Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

According to the report, one of the major drivers for this market is Increasing incidence of spinal injuries. The rising incidence of spinal injuries due to road traffic, falls, crashes, and violence in various parts of the world have a positive impact on the sales of ESDs in the global market. Spinal injuries result in temporary or permanent loss of sensation of autonomic nervous system and muscle function. The individual suffers from enormous pain in their muscle at such condition. However, in adverse conditions, surgery is recommended by the physicians for which postoperative pain is equally unbearable and depressing for individuals. The ESD is used for both pre- and post-operative conditions.

The latest trend gaining momentum in the market is Increasing research studies on electrical stimulation. Various scientific studies have recognized the effectiveness of ESDs such as regaining and increasing muscle strength and providing pain relief. Over the years there have been dedicated research involving the use of electric current to stimulate the paralyzed muscle that is damaged or disabled. These researches aim to provide greater mobility to the individual being treated for rehabilitation condition or with any neurological disorders. The studies indicate that ESDs restore motor functions. NMES devices have shown its credibility post knee replacement as it prevents decreasing in the muscle strength.

Further, the report states that one of the major factors hindering the growth of this market is Intense competition coupled with decreasing profit margin. The global ESDs market is characterized by the presence of several players manufacturing the device, thus leading to intense competition among the players in setting the price. As a result, there is a lower profit margin for ESD. The competition exists based on the design of the device and its manufacturing cost. The local or regional manufacturers offer ESD at a lower cost compared with the global and larger players, which provide a great opportunity for various end-users such as hospitals, ASCs, clinics, and research institutes to choose from the wide variety of products.

Key vendors

  • Abbott (St. Jude Medical)
  • Boston Scientific
  • Medtronic

Other prominent vendors

  • BTL
  • Cyberonics
  • DJO Global
  • ElecteroMedics (acquired by Medtronic)
  • NeuroMetrix
  • Uroplasty (merged with Cogentix Medical)
  • Zynex

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation by product

  • Market overview
  • Implantable ESDs
  • External ESDs

PART 07: Market segmentation by application

  • Market overview
  • Pain management
  • Musculoskeletal disorders
  • GIT management
  • Neurological and movement disorders
  • Incontinence management

PART 08: Market segmentation by end-users

  • Hospitals
  • ASCs
  • Clinics
  • Research institutes

PART 09: Geographical segmentation

  • Market overview
  • ESDs market in Americas
  • ESDs market in EMEA
  • ESDs market in APAC

PART 10: Decision framework

PART 11: Drivers and challenges

  • Market drivers
  • Market challenges

PART 12: Market trends

  • Increasing research studies on electrical stimulation
  • Technological advancements in stimulation devices

PART 13: Vendor landscape

  • Vendor landscape
  • Other prominent vendors

PART 14: Key vendor analysis

  • Abbott (St. Jude Medical)
  • Boston Scientific
  • Medtronic

PART 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/l9cf6g/global_electrical

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