Portable Electric Stimulator Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Portable Electric Stimulator Market covers analysis By Product Type (Neuromuscular Electrical Stimulation, Functional Electrical Stimulation, Transcutaneous Electrical Nerve Stimulation, Others); End Users (Hospitals, Physiotherapy Clinics, Home settings, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

Publication Month : Mar 2024

  • Report Code : TIPRE00016800
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
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MARKET INTRODUCTION

Portable Electric Stimulator is kind of electronic device which stimulates and strengthen weak body muscles by producing electric impulse and brings muscle contractions. Electric stimulators makes muscle contractions easy thereby providing quick relief. Electric stimulation is very effective way for muscle stimulation and is a good option for homecare.

MARKET DYNAMICS

The key market drivers for Portable Electric Stimulator Market Includes, introduction of novel technologies for pain relief as well as preference given by physiotherapists to electric stimulation methods are expected to drive market growth during the forecast period. Whereas, high costs of electric stimulators as well as stringent government policies for product approvals is expected to restrain market growth in forecast period.

MARKET SCOPE

The "Portable Electric Stimulator Market" 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 Portable Electric Stimulator market with detailed market segmentation by product type and end user. The Portable Electric 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 Portable Electric Stimulator Market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The Portable Electric Stimulator Market is segmented on the basis of product type and end user. On basis of product the market is segmented as, neuromuscular electrical stimulation, functional electrical stimulation, transcutaneous electrical nerve stimulation and others. And on basis of end user the market is segmented as, hospitals, physiotherapy clinics, home settings and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Portable Electric 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 Portable Electric 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 Portable Electric 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 effecting the Portable Electric Stimulator Market in these regions.

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MARKET PLAYERS


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Portable Electric 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 Portable Electric 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 Portable Electric 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 effecting the Portable Electric Stimulator Market in these regions.

MARKET PLAYERS

The report covers key developments in the Portable Electric Stimulator Markets 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 Portable Electric Stimulator Market are anticipated to have lucrative growth opportunities in the future with the rising demand for, Portable Electric Stimulator market in the global market. Below mentioned is the list of few companies engaged in the Portable Electric Stimulator Market.

The report also includes the profiles of key players in Portable Electric 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.

  •   Zimmer MedizinSysteme GmbH
  •   EMS Physio Ltd
  •   Tone-A-Matic
  •   Mettler Electronics Corp
  •   OG Wellness Technologies Co. Ltd
  •   BioMedical Life Systems
  •   NeuroMetrix, Inc
  •   OMRON Corporation
  •   DGO Global,Inc
  •   Zynex,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.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
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 Portable Electric Stimulator Market - By Product Type
1.3.2 Portable Electric Stimulator Market - By End Users
1.3.3 Portable Electric Stimulator Market - By Region
1.3.3.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. PORTABLE ELECTRIC STIMULATOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS

5. PORTABLE ELECTRIC 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. PORTABLE ELECTRIC STIMULATOR MARKET - GLOBAL MARKET ANALYSIS
6.1. PORTABLE ELECTRIC STIMULATOR - GLOBAL MARKET OVERVIEW
6.2. PORTABLE ELECTRIC STIMULATOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. PORTABLE ELECTRIC STIMULATOR MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPE
7.1. OVERVIEW
7.2. PRODUCT 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. OTHERS
7.6.1. Overview
7.6.2. Others Market Forecast and Analysis
8. PORTABLE ELECTRIC STIMULATOR MARKET - REVENUE AND FORECASTS TO 2028 - END USERS
8.1. OVERVIEW
8.2. END USERS MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. PHYSIOTHERAPY CLINICS
8.4.1. Overview
8.4.2. Physiotherapy Clinics Market Forecast and Analysis
8.5. HOME SETTINGS
8.5.1. Overview
8.5.2. Home settings Market Forecast and Analysis
8.6. OTHERS
8.6.1. Overview
8.6.2. Others Market Forecast and Analysis

9. PORTABLE ELECTRIC STIMULATOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Portable Electric Stimulator Market Overview
9.1.2 North America Portable Electric Stimulator Market Forecasts and Analysis
9.1.3 North America Portable Electric Stimulator Market Forecasts and Analysis - By Product Type
9.1.4 North America Portable Electric Stimulator Market Forecasts and Analysis - By End Users
9.1.5 North America Portable Electric Stimulator Market Forecasts and Analysis - By Countries
9.1.5.1 United States Portable Electric Stimulator Market
9.1.5.1.1 United States Portable Electric Stimulator Market by Product Type
9.1.5.1.2 United States Portable Electric Stimulator Market by End Users
9.1.5.2 Canada Portable Electric Stimulator Market
9.1.5.2.1 Canada Portable Electric Stimulator Market by Product Type
9.1.5.2.2 Canada Portable Electric Stimulator Market by End Users
9.1.5.3 Mexico Portable Electric Stimulator Market
9.1.5.3.1 Mexico Portable Electric Stimulator Market by Product Type
9.1.5.3.2 Mexico Portable Electric Stimulator Market by End Users
9.2. EUROPE
9.2.1 Europe Portable Electric Stimulator Market Overview
9.2.2 Europe Portable Electric Stimulator Market Forecasts and Analysis
9.2.3 Europe Portable Electric Stimulator Market Forecasts and Analysis - By Product Type
9.2.4 Europe Portable Electric Stimulator Market Forecasts and Analysis - By End Users
9.2.5 Europe Portable Electric Stimulator Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Portable Electric Stimulator Market
9.2.5.1.1 Germany Portable Electric Stimulator Market by Product Type
9.2.5.1.2 Germany Portable Electric Stimulator Market by End Users
9.2.5.2 France Portable Electric Stimulator Market
9.2.5.2.1 France Portable Electric Stimulator Market by Product Type
9.2.5.2.2 France Portable Electric Stimulator Market by End Users
9.2.5.3 Italy Portable Electric Stimulator Market
9.2.5.3.1 Italy Portable Electric Stimulator Market by Product Type
9.2.5.3.2 Italy Portable Electric Stimulator Market by End Users
9.2.5.4 Spain Portable Electric Stimulator Market
9.2.5.4.1 Spain Portable Electric Stimulator Market by Product Type
9.2.5.4.2 Spain Portable Electric Stimulator Market by End Users
9.2.5.5 United Kingdom Portable Electric Stimulator Market
9.2.5.5.1 United Kingdom Portable Electric Stimulator Market by Product Type
9.2.5.5.2 United Kingdom Portable Electric Stimulator Market by End Users
9.2.5.6 Rest of Europe Portable Electric Stimulator Market
9.2.5.6.1 Rest of Europe Portable Electric Stimulator Market by Product Type
9.2.5.6.2 Rest of Europe Portable Electric Stimulator Market by End Users
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Portable Electric Stimulator Market Overview
9.3.2 Asia-Pacific Portable Electric Stimulator Market Forecasts and Analysis
9.3.3 Asia-Pacific Portable Electric Stimulator Market Forecasts and Analysis - By Product Type
9.3.4 Asia-Pacific Portable Electric Stimulator Market Forecasts and Analysis - By End Users
9.3.5 Asia-Pacific Portable Electric Stimulator Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Portable Electric Stimulator Market
9.3.5.1.1 Australia Portable Electric Stimulator Market by Product Type
9.3.5.1.2 Australia Portable Electric Stimulator Market by End Users
9.3.5.2 China Portable Electric Stimulator Market
9.3.5.2.1 China Portable Electric Stimulator Market by Product Type
9.3.5.2.2 China Portable Electric Stimulator Market by End Users
9.3.5.3 India Portable Electric Stimulator Market
9.3.5.3.1 India Portable Electric Stimulator Market by Product Type
9.3.5.3.2 India Portable Electric Stimulator Market by End Users
9.3.5.4 Japan Portable Electric Stimulator Market
9.3.5.4.1 Japan Portable Electric Stimulator Market by Product Type
9.3.5.4.2 Japan Portable Electric Stimulator Market by End Users
9.3.5.5 South Korea Portable Electric Stimulator Market
9.3.5.5.1 South Korea Portable Electric Stimulator Market by Product Type
9.3.5.5.2 South Korea Portable Electric Stimulator Market by End Users
9.3.5.6 Rest of Asia-Pacific Portable Electric Stimulator Market
9.3.5.6.1 Rest of Asia-Pacific Portable Electric Stimulator Market by Product Type
9.3.5.6.2 Rest of Asia-Pacific Portable Electric Stimulator Market by End Users
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Portable Electric Stimulator Market Overview
9.4.2 Middle East and Africa Portable Electric Stimulator Market Forecasts and Analysis
9.4.3 Middle East and Africa Portable Electric Stimulator Market Forecasts and Analysis - By Product Type
9.4.4 Middle East and Africa Portable Electric Stimulator Market Forecasts and Analysis - By End Users
9.4.5 Middle East and Africa Portable Electric Stimulator Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Portable Electric Stimulator Market
9.4.5.1.1 South Africa Portable Electric Stimulator Market by Product Type
9.4.5.1.2 South Africa Portable Electric Stimulator Market by End Users
9.4.5.2 Saudi Arabia Portable Electric Stimulator Market
9.4.5.2.1 Saudi Arabia Portable Electric Stimulator Market by Product Type
9.4.5.2.2 Saudi Arabia Portable Electric Stimulator Market by End Users
9.4.5.3 U.A.E Portable Electric Stimulator Market
9.4.5.3.1 U.A.E Portable Electric Stimulator Market by Product Type
9.4.5.3.2 U.A.E Portable Electric Stimulator Market by End Users
9.4.5.4 Rest of Middle East and Africa Portable Electric Stimulator Market
9.4.5.4.1 Rest of Middle East and Africa Portable Electric Stimulator Market by Product Type
9.4.5.4.2 Rest of Middle East and Africa Portable Electric Stimulator Market by End Users
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Portable Electric Stimulator Market Overview
9.5.2 South and Central America Portable Electric Stimulator Market Forecasts and Analysis
9.5.3 South and Central America Portable Electric Stimulator Market Forecasts and Analysis - By Product Type
9.5.4 South and Central America Portable Electric Stimulator Market Forecasts and Analysis - By End Users
9.5.5 South and Central America Portable Electric Stimulator Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Portable Electric Stimulator Market
9.5.5.1.1 Brazil Portable Electric Stimulator Market by Product Type
9.5.5.1.2 Brazil Portable Electric Stimulator Market by End Users
9.5.5.2 Argentina Portable Electric Stimulator Market
9.5.5.2.1 Argentina Portable Electric Stimulator Market by Product Type
9.5.5.2.2 Argentina Portable Electric Stimulator Market by End Users
9.5.5.3 Rest of South and Central America Portable Electric Stimulator Market
9.5.5.3.1 Rest of South and Central America Portable Electric Stimulator Market by Product Type
9.5.5.3.2 Rest of South and Central America Portable Electric Stimulator Market by End Users

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. PORTABLE ELECTRIC STIMULATOR MARKET, KEY COMPANY PROFILES
11.1. ZIMMER MEDIZINSYSTEME GMBH
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. EMS PHYSIO LTD
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. TONE-A-MATIC
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. METTLER ELECTRONICS CORP
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. OG WELLNESS TECHNOLOGIES CO., LTD
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. BIOMEDICAL LIFE SYSTEMS
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. NEUROMETRIX, INC
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. OMRON CORPORATION
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. DJO GLOBAL, INC
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. ZYNEX, 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
The List of Companies

1. Zimmer MedizinSysteme GmbH
2. EMS Physio Ltd
3. Tone-A-Matic
4. Mettler Electronics Corp
5. OG Wellness Technologies Co., Ltd
6. BioMedical Life Systems
7. NeuroMetrix, Inc
8. OMRON Corporation
9. DJO Global, Inc
10. Zynex, Inc

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. 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.

  1. 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:

Research Methodology

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.

  1. 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.

  1. 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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