North America Pelvic Floor Electric Stimulator Market, By Product Type (Mobile, Fixed, Wearable), Device Type (Non-Implantable Electrical Stimulator Device, Implantable Electrical Stimulator Device), Number of Channels (1 Channel, 2 Channel), Therapy (Physical Therapy and Occupational Therapy), Treatment (Pelvic Floor Muscle Training (PFMT), Intravaginal Neuromuscular Electrical Stimulation (NMES), Transcutaneous Tibial Nerve Stimulation (TTNS)), Application (Urinary Incontinence, Sexual Dysfunction, Neurodegenerative Diseases, Others), End User (Hospitals, Clinics, Home-Care Settings), Distribution Channel (Direct Tenders, Third Party Distribution, Others), Country (U.S, Canada and Mexico). Industry Trends and Forecast to 2028
Market Analysis and Insights: North America Pelvic Floor Electric Stimulator Market
The pelvic floor electric stimulator market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 7.1% in the forecast period of 2021 to 2028 and is expected to reach USD 37.42 million by 2028. Rising geriatric population is acting as a driver for the growth of the pelvic floor electric stimulator market. Rising geriatric population is acting as a driver for the growth of the pelvic floor electric stimulator market.
Pelvic floor electric stimulation involves stimulation of pelvic floor muscles using either a probe wired to a device for controlling the electrical stimulation. It stimulates the muscles to contract creating a muscular response which strengthens the pelvic floor muscles and improves urinary incontinence.
Increasing prevalence of chronic diseases is boosting the growth of the pelvic floor electric stimulator market. The high cost of pelvic floor electric stimulator may hamper the future growth of pelvic floor electric stimulator market. Increasing healthcare expenditure and infrastructure across the world is acting as an opportunity for the pelvic floor electric stimulator market. Strict regulations and standards for the approval and commercialization of pelvic floor electric stimulator are acting as challenge for the growth of the pelvic floor electric stimulator market.
The pelvic floor electric stimulator market provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Pelvic Floor Electric Stimulator Market Scope and Market Size
The pelvic floor electric stimulator market is categorized into eight notable segments which are based on the product type, device type, number of channels, therapy, treatment, application, end user and distribution channel. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product type, the pelvic floor electric stimulator market is segmented into mobile, fixed and wearable. In 2021, mobile segment is expected to dominate the market due to high technology adoption by key players in the market.
- On the basis of device type, the pelvic floor electric stimulator market is segmented into non-implantable electrical stimulator device and implantable electrical stimulator device. In 2021, non-implantable electrical stimulator device segment is expected to dominate the market because of increasing healthcare expenditure.
- On the basis of number of channels, the pelvic floor electric stimulator market is segmented into 1 channel and 2 channel. In 2021, 1 channel segment is expected to dominate the market due to increasing demand of devices and rising players in the market.
- On the basis of therapy, the pelvic floor electric stimulator market is segmented into physical therapy and occupational therapy. In 2021, physical therapy segment is expected to dominate the market because of increasing awareness initiatives taken by government.
- On the basis of treatment, the pelvic floor electric stimulator market is segmented into pelvic floor muscle training (PFMT), intravaginal neuromuscular electrical stimulation (NMES) and transcutaneous tibial nerve stimulation (TTNS). In 2021, pelvic floor muscle training (PFMT) segment is expected to dominate the market because of increasing cases of diseases such as urinary incontinence.
- On the basis of application, the pelvic floor electric stimulator market is segmented into urinary incontinence, neurodegenerative diseases, sexual dysfunction and others. In 2021, urinary incontinence segment is expected to dominate the market because of rising prevalence of chronic diseases.
- On the basis of end user, the pelvic floor electric stimulator market is segmented into hospitals, home-care settings and clinics. In 2021, hospitals segment is expected to dominate the market because of increasing healthcare expenditure.
- On the basis of distribution channel, the pelvic floor electric stimulator market is segmented into direct tenders, third party distribution and others. In 2021, direct tenders segment is expected to dominate the market due to growing number of large channel hospitals for purchasing of pelvic floor electric stimulator and related products.
Pelvic Floor Electric Stimulator Market Country Level Analysis
The pelvic floor electric stimulator market is analysed and market size information is provided by the country, product type, device type, number of channels, therapy, treatment, application, end user and distribution channel as referenced above.
The countries covered in the North America pelvic floor electric stimulator market report are U.S., Canada, Mexico.
The U.S. is going to dominate the market because of the increasing rate of pelvic electrical stimulators exercises.
The country section of the 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 new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of North America brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
New Product Launches by Manufacturers is creating New Opportunities for Players in the Pelvic Floor Electric Stimulator Market
The pelvic floor electric stimulator market also provides you with detailed market analysis for every country growth in aesthetic industry with pelvic floor electric stimulator market sales, impact of advancement in the pelvic floor electric stimulator market and changes in regulatory scenarios with their support for the pelvic floor electric stimulator market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Pelvic Floor Electric Stimulator Market Share Analysis
The pelvic floor electric stimulator 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, production sites and facilities, company strengths and weaknesses, product launch, product trials pipelines, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to pelvic floor electric stimulator market.
The major companies which are dealing in the North America pelvic floor electric stimulator market report are ATLANTIC THERAPEUTICS, InControl Medical, Laborie, Inc., The Prometheus Group, Utah Medical Products, Inc., Relevium Labs Inc., and GymnaUniphy among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product launches and agreements are also initiated by the companies’ worldwide which are also accelerating the pelvic floor electric stimulator market.
For instance,
- In October 2020, InControl Medical has launched Regulation D (506c) for Significant Marketing Campaign. It is estimated that this strategy anticipated enhancing company as well as revenue growth of the company in the forecasted period.
Collaboration, joint ventures and other strategies by the market players is enhancing the company market in the pelvic floor electric stimulator market which also provides the benefit for organisation to improve their offering for pelvic floor electric stimulator market.
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