MARKET INTRODUCTION Akshay Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Electrical muscle stimulator (EMS) or electromyostimulation is an electronic device used to pass the electric impulses to a desired part of the body in human beings through a sequence of conductors/ electrodes. Thus, because of the current the muscles contract-relax which assist in the toning of muscles, increase in the muscle power and improve muscle motility and blood flow. EMS is used as a rehabilitation and preventive tool for partially or totally immobilized patients or could be used as a post-exercise recovery device for athletes.
MARKET DYNAMICS
Elements like introduction of new innovative technologies, health awareness among elderly people, healthcare budgets expansion and pain management therapies in sports medicine are the key factors driving the market. Moreover, the rising widespread presence of musculoskeletal disorders among citizens is expected to further drive the market growth. Increased price of stimulators, significantly in the emerging markets can hinder the growth of muscle stimulator market.
MARKET SCOPE
The "Handheld Electrical Muscle Stimulator Market Analysis to 2028" is a specialized and in-depth study of the Medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of handheld electrical muscle stimulator market with detailed market segmentation with type and end user. The handheld electrical muscle stimulator market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in handheld electrical muscle stimulator market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The handheld electrical muscle stimulator market is segmented on the basis of type and end user. On the basis of type, the functional electrical muscle stimulator market is divided into neuromuscular electrical stimulation, functional electrical stimulation, transcutaneous electrical nerve stimulation, burst mode alternating current, micro current electrical neuro muscular stimulator, interferential and others. On the basis of end user, market can be segmented into hospitals, ambulatory surgical centers, physiotherapy clinics, sports clinics and home care.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the handheld electrical muscle stimulator market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The handheld electrical muscle stimulator market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting handheld electrical muscle stimulator market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the handheld electrical muscle stimulator market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the handheld electrical muscle stimulator market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The handheld electrical muscle stimulator market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting handheld electrical muscle stimulator market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors affecting the handheld electrical muscle stimulator market in these regions.
MARKET PLAYERS
The report covers key developments in handheld electrical muscle stimulator market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from handheld electrical muscle stimulator market are anticipated to have lucrative growth opportunities in the future with the rising demand for handheld electrical muscle stimulator in the global market. Below mentioned is the list of few companies engaged in the handheld electrical muscle stimulator market.
The report also includes the profiles of key players in handheld electrical muscle stimulator market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered financial information of last 3 years, key development in past five years.
- Zynex, Inc.
- EMS Physio Ltd.
- OMRON Corporation
- Zimmer Medizin Systeme GmbH
- NeuroMetrix, Inc.
- BioMedical Life Systems, Inc.
- OG Wellness Technologies Co., Ltd.
- RS Medical, Inc.
- Mettler Electronics Corp.
- Cyberonics, Inc.
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Handheld Electrical Muscle Stimulator Market - By Type
1.3.2 Handheld Electrical Muscle Stimulator Market - By End User
1.3.3 Handheld Electrical Muscle Stimulator Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. HANDHELD ELECTRICAL MUSCLE STIMULATOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. EXPERT OPINIONS
5. HANDHELD ELECTRICAL MUSCLE STIMULATOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. HANDHELD ELECTRICAL MUSCLE STIMULATOR MARKET - GLOBAL MARKET ANALYSIS
6.1. HANDHELD ELECTRICAL MUSCLE STIMULATOR - GLOBAL MARKET OVERVIEW
6.2. HANDHELD ELECTRICAL MUSCLE STIMULATOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. HANDHELD ELECTRICAL MUSCLE STIMULATOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. NEUROMUSCULAR ELECTRICAL STIMULATION
7.3.1. Overview
7.3.2. Neuromuscular Electrical Stimulation Market Forecast and Analysis
7.4. FUNCTIONAL ELECTRICAL STIMULATION
7.4.1. Overview
7.4.2. Functional Electrical Stimulation Market Forecast and Analysis
7.5. TRANSCUTANEOUS ELECTRICAL NERVE STIMULATION
7.5.1. Overview
7.5.2. Transcutaneous Electrical Nerve Stimulation Market Forecast and Analysis
7.6. BURST MODE ALTERNATING CURRENT
7.6.1. Overview
7.6.2. Burst Mode Alternating Current Market Forecast and Analysis
7.7. MICRO CURRENT ELECTRICAL NEURO MUSCULAR STIMULATOR
7.7.1. Overview
7.7.2. Micro Current Electrical Neuro Muscular Stimulator Market Forecast and Analysis
7.8. INTERFERENTIAL
7.8.1. Overview
7.8.2. Interferential Market Forecast and Analysis
7.9. OTHERS
7.9.1. Overview
7.9.2. Others Market Forecast and Analysis
8. HANDHELD ELECTRICAL MUSCLE STIMULATOR MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. AMBULATORY SURGICAL CENTERS
8.4.1. Overview
8.4.2. Ambulatory Surgical Centers Market Forecast and Analysis
8.5. PHYSIOTHERAPY CLINICS
8.5.1. Overview
8.5.2. Physiotherapy Clinics Market Forecast and Analysis
8.6. SPORTS CLINICS
8.6.1. Overview
8.6.2. Sports Clinics Market Forecast and Analysis
8.7. HOME CARE
8.7.1. Overview
8.7.2. Home Care Market Forecast and Analysis
9. HANDHELD ELECTRICAL MUSCLE STIMULATOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Handheld Electrical Muscle Stimulator Market Overview
9.1.2 North America Handheld Electrical Muscle Stimulator Market Forecasts and Analysis
9.1.3 North America Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Type
9.1.4 North America Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By End User
9.1.5 North America Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Countries
9.1.5.1 United States Handheld Electrical Muscle Stimulator Market
9.1.5.1.1 United States Handheld Electrical Muscle Stimulator Market by Type
9.1.5.1.2 United States Handheld Electrical Muscle Stimulator Market by End User
9.1.5.2 Canada Handheld Electrical Muscle Stimulator Market
9.1.5.2.1 Canada Handheld Electrical Muscle Stimulator Market by Type
9.1.5.2.2 Canada Handheld Electrical Muscle Stimulator Market by End User
9.1.5.3 Mexico Handheld Electrical Muscle Stimulator Market
9.1.5.3.1 Mexico Handheld Electrical Muscle Stimulator Market by Type
9.1.5.3.2 Mexico Handheld Electrical Muscle Stimulator Market by End User
9.2. EUROPE
9.2.1 Europe Handheld Electrical Muscle Stimulator Market Overview
9.2.2 Europe Handheld Electrical Muscle Stimulator Market Forecasts and Analysis
9.2.3 Europe Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Type
9.2.4 Europe Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By End User
9.2.5 Europe Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Handheld Electrical Muscle Stimulator Market
9.2.5.1.1 Germany Handheld Electrical Muscle Stimulator Market by Type
9.2.5.1.2 Germany Handheld Electrical Muscle Stimulator Market by End User
9.2.5.2 France Handheld Electrical Muscle Stimulator Market
9.2.5.2.1 France Handheld Electrical Muscle Stimulator Market by Type
9.2.5.2.2 France Handheld Electrical Muscle Stimulator Market by End User
9.2.5.3 Italy Handheld Electrical Muscle Stimulator Market
9.2.5.3.1 Italy Handheld Electrical Muscle Stimulator Market by Type
9.2.5.3.2 Italy Handheld Electrical Muscle Stimulator Market by End User
9.2.5.4 Spain Handheld Electrical Muscle Stimulator Market
9.2.5.4.1 Spain Handheld Electrical Muscle Stimulator Market by Type
9.2.5.4.2 Spain Handheld Electrical Muscle Stimulator Market by End User
9.2.5.5 United Kingdom Handheld Electrical Muscle Stimulator Market
9.2.5.5.1 United Kingdom Handheld Electrical Muscle Stimulator Market by Type
9.2.5.5.2 United Kingdom Handheld Electrical Muscle Stimulator Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Handheld Electrical Muscle Stimulator Market Overview
9.3.2 Asia-Pacific Handheld Electrical Muscle Stimulator Market Forecasts and Analysis
9.3.3 Asia-Pacific Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Countries
9.3.5.1 China Handheld Electrical Muscle Stimulator Market
9.3.5.1.1 China Handheld Electrical Muscle Stimulator Market by Type
9.3.5.1.2 China Handheld Electrical Muscle Stimulator Market by End User
9.3.5.2 India Handheld Electrical Muscle Stimulator Market
9.3.5.2.1 India Handheld Electrical Muscle Stimulator Market by Type
9.3.5.2.2 India Handheld Electrical Muscle Stimulator Market by End User
9.3.5.3 Japan Handheld Electrical Muscle Stimulator Market
9.3.5.3.1 Japan Handheld Electrical Muscle Stimulator Market by Type
9.3.5.3.2 Japan Handheld Electrical Muscle Stimulator Market by End User
9.3.5.4 South Korea Handheld Electrical Muscle Stimulator Market
9.3.5.4.1 South Korea Handheld Electrical Muscle Stimulator Market by Type
9.3.5.4.2 South Korea Handheld Electrical Muscle Stimulator Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Handheld Electrical Muscle Stimulator Market Overview
9.4.2 Middle East and Africa Handheld Electrical Muscle Stimulator Market Forecasts and Analysis
9.4.3 Middle East and Africa Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Handheld Electrical Muscle Stimulator Market
9.4.5.1.1 South Africa Handheld Electrical Muscle Stimulator Market by Type
9.4.5.1.2 South Africa Handheld Electrical Muscle Stimulator Market by End User
9.4.5.2 Saudi Arabia Handheld Electrical Muscle Stimulator Market
9.4.5.2.1 Saudi Arabia Handheld Electrical Muscle Stimulator Market by Type
9.4.5.2.2 Saudi Arabia Handheld Electrical Muscle Stimulator Market by End User
9.4.5.3 U.A.E Handheld Electrical Muscle Stimulator Market
9.4.5.3.1 U.A.E Handheld Electrical Muscle Stimulator Market by Type
9.4.5.3.2 U.A.E Handheld Electrical Muscle Stimulator Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Handheld Electrical Muscle Stimulator Market Overview
9.5.2 South and Central America Handheld Electrical Muscle Stimulator Market Forecasts and Analysis
9.5.3 South and Central America Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Type
9.5.4 South and Central America Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By End User
9.5.5 South and Central America Handheld Electrical Muscle Stimulator Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Handheld Electrical Muscle Stimulator Market
9.5.5.1.1 Brazil Handheld Electrical Muscle Stimulator Market by Type
9.5.5.1.2 Brazil Handheld Electrical Muscle Stimulator Market by End User
9.5.5.2 Argentina Handheld Electrical Muscle Stimulator Market
9.5.5.2.1 Argentina Handheld Electrical Muscle Stimulator Market by Type
9.5.5.2.2 Argentina Handheld Electrical Muscle Stimulator Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. HANDHELD ELECTRICAL MUSCLE STIMULATOR MARKET, KEY COMPANY PROFILES
11.1. DJO GLOBAL, INC. (COLFAX)
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. ZYNEX, INC.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. BIOMEDICAL LIFE SYSTEMS, INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. OMRON CORPORATION
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. NEUROMETRIX, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. OG WELLNESS TECHNOLOGIES CO., LTD.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. EMS PHYSIO LTD.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. RS MEDICAL, INC.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. METTLER ELECTRONICS CORP.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. CYBERONICS, INC.
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
- Zynex, Inc.
- EMS Physio Ltd.
- OMRON Corporation
- Zimmer Medizin Systeme GmbH
- NeuroMetrix, Inc.
- BioMedical Life Systems, Inc.
- OG Wellness Technologies Co., Ltd.
- RS Medical, Inc.
- Mettler Electronics Corp.
- Cyberonics, Inc.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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