Global Transcutaneous Electrical Nerve Stimulators Market, By Surgery Procedures (Direct Nerve Repair, Nerve Grafting, Stem Cell Therapy), Product (Portable, Desktop), End-User (Hospital, Clinics, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
Transcutaneous electrical nerve stimulators market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 4.11% in the above-mentioned forecast period. Increasing adoption of transcutaneous electrical nerve stimulators by the emerging countries drives the acetaminophen (Paracetamol) market.
Transcutaneous electrical nerve stimulation (TENS) is a type of procedure which involves electrical stimulation with the primary aim of providing a symptomatic pain relief by exciting sensory nerves, thereby, stimulating either the opioid system or the pain gate mechanism. In simpler words, it involves the usage e of low voltage electric currents to treat pain.
Rising popularity of muscle stimulators among physiotherapists is the vital factor escalating the market growth, also rising technological advancements in medical devices, increasing emphasis on pain management therapies in sports medicine, rising prevalence of musculoskeletal disorders among citizens, rising preference for muscle stimulator among physiotherapists, rising cases of Anterior Cruciate Ligament (ACL) tear, hip flexor strain, and hamstring strain among sports players that require muscle stimulation therapy, increasing awareness on neurodegenerative disorders, increasing prevalence of neurological disorders and increasing research Into expanding the applications of neuromodulation are the major factors among others driving the transcutaneous electrical nerve stimulators market. Moreover, rising technological advancements and modernization in the machinery used in healthcare sector, rising research and development activities in the healthcare sector and rising emerging markets with increasing geriatric population base will further create new opportunities for transcutaneous electrical nerve stimulators market in the forecasted period of 2021-2028.
However, rising lack of skilled or trained physicians and increased cost of nerve stimulation therapy are the major factors among others which will obstruct the market growth, while increasing dearth of trained professionals will further challenge the growth of transcutaneous electrical nerve stimulators market in the forecast period mentioned above.
This transcutaneous electrical nerve stimulators market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on transcutaneous electrical nerve stimulators market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Transcutaneous Electrical Nerve Stimulators Market Scope and Market Size
Transcutaneous electrical nerve stimulators market is segmented on the basis of surgery procedures, product and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of surgery procedures, the transcutaneous electrical nerve stimulators market is segmented into direct nerve repair, nerve grafting and stem cell therapy.
- Based on product, the transcutaneous electrical nerve stimulators market is segmented into portable and desktop.
- The transcutaneous electrical nerve stimulators market is also segmented on the basis of end-user into hospital, clinics and others.
Transcutaneous Electrical Nerve Stimulators Market Country Level Analysis
Transcutaneous electrical nerve stimulators market is analysed and market size insights and trends are provided by country, surgery procedures, product and end-user as referenced above.
The countries covered in the transcutaneous electrical nerve stimulators market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the transcutaneous electrical nerve stimulators market due to increasing presence of key participants, large investments by governments for innovation and development of medical devices, and early introduction of novel muscle stimulators in this region. Asia-Pacific is the expected region in terms of growth in transcutaneous electrical nerve stimulators market due to rising awareness related to health and fitness, increasing adoption of pain management therapies, and rising usage of smart devices for maintaining health in this region.
The country section of the transcutaneous electrical nerve stimulators market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Transcutaneous electrical nerve stimulators market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for transcutaneous electrical nerve stimulators market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the transcutaneous electrical nerve stimulators market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Transcutaneous Electrical Nerve Stimulators Market Share Analysis
Transcutaneous electrical nerve stimulators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to transcutaneous electrical nerve stimulators market.
The major players covered in the transcutaneous electrical nerve stimulators market report are Boston Scientific Corporation or its affiliates., BTL., Cyberonics, Inc., DJO LLC., Medtronic, Nevro Corp., NeuroMetrix, Inc., Abbott, Uroplasty Inc., R-slimming Medical Systems., Chirag Electronics Private Limited, S.m.r.a. International., Cogentix Medical, Zynex Medical, EMS Physio Ltd, Cochlear Ltd, Aleva Neurotherapeutics SA, NeuroPace Inc, OMRON Corporation and BioMedical Life Systems, among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.