VALLEY COTTAGE, New York, June 11, 2018 /PRNewswire/ --
Application of Novel Nerve Stimulation Device to Offer New Dimension to Stroke Care, Improving Overall Quality of Life
The performance of the global muscle stimulation devices market is expected to witness immensely impactful developments, with potential improvements in the recovery of stroke through nerve stimulation. With rising rate of AIS (acute ischemic stroke), the focus has been shifted to improving the associated stages of stroke care, including prevention, intervention, and rehabilitation. The Ohio State University has been conducting a new clinical trial to shorten the motor skills recovery period in stroke patients, via VNS (vagus nerve stimulation).
The trial involves the use of a device - Vivistim, which has been developed by MicroTransponder, a Dallas-based company. The device functions by coupling VNS with the muscle movement, during rehabilitation. It is supposed to build up the motor function, learning, and memory, drastically improving the post-stroke outcome thereby. This nerve stimulation therapy, if used in tandem with appropriate interventions, can potentially result in excellent rehabilitation, minimizing the impact of complications that may follow the treatment process. If Vivistim delivers positive results and enables stroke patients to regain their motor function early, the market participants may witness multiple doors of opportunities in the rehabilitative treatment area.
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-1140
Key Companies to Focus on Strong Distribution Channel Development & Suppliers to Strengthen Presence in Emerging Markets
New and innovative product launches such as wireless devices are being considered by manufacturers as the key to achieve enhanced device capabilities, which is presumed to trigger sales in long term. To expand market shares and improve distribution network through the next decade, several players are prioritizing strategic partnerships, i.e. distribution agreements for their product offerings. Enhanced distribution will also help the stakeholders penetrate various untapped regional markets.
Key players in the global muscle stimulation devices market are focusing on development of new pain management methods and techniques. Adoption of innovative marketing strategy by muscle stimulation device manufacturers is attributed to their gradually increasing market value share. Increased focus on strengthening of distribution channel will reportedly be the key for market expansion in emerging economies. On the flipside, suppliers are likely to consider patient needs as a top priority, while ensuring the supply of high-quality products to end users. Stakeholders are strengthening product portfolio by launching new products with improved features, and through strategic mergers and acquisitions. Moreover, a growing number of local players in the muscle stimulation devices market is expected to result in creating a fragmented market, since the market is already led by smaller-sized firms catering to domestic customer demands.
Preview Muscle Stimulation Devices Market Segmentation by Product types - Neuromuscular Electric Stimulator (NMES), Transcutaneous Electric Nerve Stimulator (TENS), Interferential (If), Burst Mode Alternating Current; application - Pain Management, Neurological & Movement Disorder Management, Musculoskeletal Disorder Management; end user - Hospitals, Physiotherapy Clinics, Sports Clinics, Home Care Settings: https://www.futuremarketinsights.com/reports/muscle-stimulation-devices-market
Muscle Stimulation Devices to Face Passive Growth
Despite immense scope for innovation in product development and applications, the global market for muscle stimulation devices is projected to observe sluggish growth over the next decade. As prompted by a recent research study by Future Market Insights, the global muscle stimulation devices market will expand at a CAGR of 3.9% during 2018-2028, attaining a value of over US$ 870 Mn by 2028 end. High price point will remain a longstanding factor limiting widespread adoption of muscle stimulators. Stringent regulatory norms regarding the launch and use of muscle stimulation devices is also anticipated to hinder market growth in upcoming decade.
By value, North America and Western Europe are expected to represent the dominant markets for muscle stimulation devices, whereas developing economies such as APEJ, Latin America, and Eastern Europe will reportedly exhibit relatively promising performance over the projection period.
Our advisory services are aimed at helping you with specific, customized insights that are relevant to your specific challenges. Let us know about your challenges and our trusted advisors will connect with you: https://www.futuremarketinsights.com/askus/rep-gb-1140
More from FMI's Healthcare, Pharmaceuticals & Medical devices:
- Vulvodynia Treatment Market Segmentation By Drug Class Type - Local Anesthetic, Anticonvulsant, Tricyclic Antidepressant, Hormones, Serotonin-norepinephrine Reuptake Inhibitors (SNRI), Nerve Block, Others; By Mode of Administration Type - Oral,Topical,Injection; By Distribution Channel Type - Hospital Pharmacies, Retail Pharmacies, Drug Store, Online Pharmacies: https://www.futuremarketinsights.com/reports/vulvodynia-treatment-market
- Continuous Peripheral Nerve Block Catheter Market Segmentation By Product Type - Stimulating Catheter, Open Tip Catheter Stimulating Catheter, Closed Tip Catheter Stimulating Catheter, Non-Stimulating Catheter, Open Tip Catheter Non-Stimulating Catheter, Closed Tip Catheter Non-Stimulating Catheter, Over-The-Needle Catheter; By Insertion Technique Type - Nerve Stimulation Based Insertion, Ultrasound Based Insertion; By Indication Type - Trauma Cases, Upper Extremity Surgeries, Lower extremity Surgeries: https://www.futuremarketinsights.com/reports/continuous-peripheral-nerve-block-catheter-market
- Nerve Repair Market Taxonomy By Nerve Repair Type - Epineural Nerve Repair, Perineural Nerve Repair, Fascicular Nerve Repair; By Product Type - Nerve Wraps, Nerve Protectors, Nerve Connectors, Nerve Grafts; By End User - Hospitals, Ambulatory Surgical Centres, Speciality Clinics: https://www.futuremarketinsights.com/reports/nerve-repair-market
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights and an aerial view of the competitive framework and future market trends.
Browse More: Healthcare, Pharmaceuticals & Medical devices
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
T (UK): + 44(0)20-7692-8790
Press Office: Press@futuremrketinsights.com
FMI Blog: http://www.fmiblog.com/
SOURCE Future Market Insights