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Various technological innovations and advancements in stimulation therapies are driving the market for stimulation therapies. Increase in funding for these advancements and new product developments and constant product approvals and launches in the market is also expected to fuel tremendous market growth for stimulation therapies. Improved stimulation therapies and related products have led to serious competition in the market, majorly among the local players in different regions. Increase in use of these stimulation therapies by sports athletes and physiotherapists is also anticipated to propel market growth for stimulation therapies over the forecast period. Stimulation therapies have increased dependency on advanced medical treatment procedures and have led to quicker and more efficient remedies. This is also projected to boost the demand for stimulation therapies. However, availability of alternative treatment procedures, lack of usage guidelines and less awareness related to the available treatments available in the market, majorly in the developing regions, is expected to obstruct market growth for stimulation therapies.
On the basis of Treatment Type, Stimulation Therapies Market can be segmented as:
- Micro-current Therapy
- Interferential Current Therapy
- Transcutaneous Spinal Electro analgesia
- Spinal Cord Stimulation
- Percutaneous Electrical Nerve Stimulation
- Transcutaneous Electrical Nerve Stimulation
- Pulsed Short Wave Diathermy
On the basis of Application, Stimulation Therapies Market can be segmented as:
- Urine and Fecal Incontinence
- Acute and Chronic Edema
- Sports Injury Treatment
- Tissue Repair
- Neuromuscular Dysfunction
- Pain Management
On the basis of End Use, Stimulation Therapies Market can be segmented as:
- Specialty Clinics
- Rehabilitation Centers
- Long-term Care Centers
- Ambulatory Surgical Centers
- Home Based-Settings
Global stimulation therapies market has witnessed a tremendous growth due to expanding demand for chronic pain management and increasing awareness about different stimulation therapies available in the market. Stimulation therapies are highly is use to elicit muscle contraction for reeducation and strength post immobilization or trauma injury, and for relieving pain. Iontophoresis is one of the major applications for which stimulation therapies are used. Stimulation therapies are also highly preferred for management of edema and chronic wound, globally. Stimulation therapies are capable of being provided at home as well as any hospital or surgical setting. As per the World Health Organization, approximately 13% population worldwide is overweight and this growing incidence of chronic conditions like obesity and diabetes are expected to boost demand for stimulation therapies over the forecast period.
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Some of the market participants in the Global Stimulation Therapies market identified across the value chain include: Omron Healthcare Inc., BTL, EMS Physio Ltd., Phoenix Healthcare, STYMCO Technologies LLC, Eme srl, gbo Medizintechnik AG, Medtronic PLC, Pure Care, and Enraf-Nonius B.V.
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Owing it to the constant increase in adoption of stimulation therapies for sport injuries and other related treatments, North America is expected to hold the major revenue share in the stimulation therapies market over the forecast period. The use of stimulation therapies as preventive and rehabilitation tool for completely or partially immobilized individuals is expected to drive the demand for stimulation therapies in the Europe and Asia-Pacific region. Asia-Pacificís stimulation therapies market is also expected to grow due to the growing popularity of stimulation therapies and increase in funding for stimulation therapies in the region. However, Middle-East and Africaís market for stimulation therapies is anticipated to grow at a decent rate because of the lack of awareness of stimulation therapies in the region.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain†
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Argentina, Mexico, Brazil)
- Europe (Germany, Italy, U.K, Spain, France, Russia, Poland)
- Asia Pacific Excluding Japan (India, Australia & New Zealand, China, ASEAN)
- Middle East and Africa (GCC, South Africa, Rest Of MEA)
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