NEW YORK, Sept. 14, 2016 /PRNewswire/ -- This Future Market Insights report examines the muscle stimulation devices market for the period 2016-2026. The primary objective of the report is to offer updates and insights on market opportunities in the global muscle stimulation devices market.
Muscle stimulation is a technique that utilises electric impulses as therapy on the muscle for relieving chronic pain. Transcutaneous electrical nerve stimulator (TENS), burst mode alternating current (BMAC), interferential (IF) and neuromuscular electric stimulation (NMES) are muscle stimulation devices that are widely used worldwide. These devices are mainly used by patients suffering from chronic pain and by athletes for relieving muscle pain. To understand and assess opportunities in this market, the report is categorically split into four sections: market analysis by product type, application, end use and regions. The report analyses the global muscle stimulation devices market in terms of market value (US$ Mn).
The report starts with an overview of muscle stimulation devices and their usages in various applications. In the same section, FMI covers the muscle stimulation devices market performance in terms of revenue. This section includes FMI's analyses of key trends, drivers and restraints from supply and demand perspectives.
The next section of the report analyses the market based on products and presents the forecast in terms of value for the next ten years. Product type covered in the report:
Transcutaneous electrical nerve stimulator
Burst mode alternating current
Neuromuscular electric stimulation
The next section of the report analyses the market based on application segments and presents the forecast in terms value for the next ten years. Application segment covered in the report are:
Neurological and movement disorder management
Musculoskeletal disorder management
The next section of the report analyses the market based on end-user segments and presents the forecast in terms value for the next ten years. End-user type segment covered in the report are:
The next section of the report analyses the market based on regions and presents the forecast in terms of value for the next ten years. Regions covered in the report are:
Asia Pacific excluding Japan (APEJ)
Middle East & Africa (MEA)
To arrive at the market size, the report considers average price of muscle stimulation devices across geographies. The forecast presented here assesses the total revenue of muscle stimulation devices. When developing the market forecast, the starting point is sizing up the current market, which forms the basis for the forecast of how the market is anticipated to take shape in the near future. Given the characteristics of the market, we triangulated the outcome based on different analysis based on supply side, demand side and GDP growth rate. However, quantifying the market across the aforementioned segments and regions is more a matter of quantifying expectations and identifying opportunities rather than rationalising them after the forecast has been completed.
In addition, we have taken into consideration year-on-year growth to understand the predictability of the market and to identify the right opportunities across the muscle stimulation devices market.
As previously highlighted, the market for muscle stimulation devices is split into various sub-categories based on region, product type, application and end-use. All these sub-segments or -categories have been analysed in terms of basis point share (BPS) to understand the relative contribution of individual segments to growth. This detailed level of information is important for identification of key trends in the muscle stimulation devices market.
Also, another key feature of this report is the analysis of muscle stimulation devices market by region, product type, end-use and application and their revenue forecast in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify the right opportunities in the global muscle stimulation devices market.
Furthermore, Future Market Insights has developed a market attractiveness index for all four segments: region, product type, application and end use. This index helps in identifying real opportunities in the market.
In the final section of the report, the muscle stimulation devices market landscape is included to provide report audiences with a dashboard view, based on categories of providers across the market, presence in muscle stimulation devices product portfolio and key differentiators.
Key market participants covered in the report include DJO Global, Inc., Zynex, Inc., NeuroMetrix, Inc., RS Medical, Inc. and Omron Corp.
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