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Electric Stimulation Devices Market 2020-2026 to Witness Contraction, as Uncertainty Looms Following Global Coronavirus Outbreak

Electric Stimulation Devices Market

A proficient data and brilliant forecasting techniques used in this Electric Stimulation Devices Market report are synonymous with accurateness and correctness. The document is a meticulous analysis of existing scenario of the market, which covers several market dynamics. This market research report endows with the plentiful insights and business solutions that will support to stay ahead of the competition. The most precise way to forecast what future holds is to understand the trend today and hence Electric Stimulation Devices Marketing report has been structured by chewing over numerous fragments of the present and upcoming market scenario.

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This Electric Stimulation Devices Market report is the consequence of incessant efforts lead by clued-up forecasters, innovative analysts and bright researchers who indulge in detailed and attentive research on different markets, trends and emerging opportunities in the consecutive direction for the business needs. Company snapshot, geographical presence, product portfolio, and recent developments are taken into account for studying the company profiles that are part of this report. Quality and transparency has been strictly maintained while carrying out research studies to offer an exceptional market research report for a niche. A thoughtful knowledge of industrial unanimity, market trends and incredible techniques via this Electric Stimulation Devices Market report gives an upper hand in the market.

Global electric stimulation devices market is expected to rise by 2026 registering a healthy CAGR of 10.5% in the forecast period of 2019-2026. This growth in the market can be attributed to the increase in research and development on novel drug delivery. The imminent market description contains data for historic years 2017, the base year of calculation is 2018 and the forecast period is 2019 to 2026.

Some of the major players operating in the global electric stimulation devices market are Medtronic, Asahi Kasei Corporation, Boston Scientific Corporation, Koninklijke Philips N.V., Zynex Medical, Abbott, NeuroMetrix, Inc., Cyberonics, Inc., BIOTRONIK, Inc., Defibtech, LLC. CU Medical System Inc., Beijing Pins Medical Co., Ltd, DJO Global, MicroPort Scientific Corporation, Aleva Neurotherapeutics SA., Bioinduction Ltd, Soterix Medical Inc. and others

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Market Definition: Global Electric Stimulation Devices Market

Electrical stimulators are minor electronic equipment that are worn by a patient and attached to the skin via electrodes externally. Electrical stimulators can be used for various purposes which includes, treating chronic intractable pain, reducing acute post-operative pain and swelling, maintaining muscle tone during reduced spasticity, temporary immobilization, helping patients of injured spinal cord to stand, walk and grasp independently.

Segmentation: Global Electric Stimulation Devices Market

Electric Stimulation Devices Market : By Device

  • Spinal Cord Stimulation Devices
  • Deep Brain Stimulation Devices
  • Vagus Nerve Stimulation Devices
  • Sacral Nerve Stimulation Devices
  • Gastric Electric Stimulator Devices
  • Transcutaneous electrical nerve Stimulation Devices
  • Neuromuscular Electrical Stimulation Devices
  • Cranial Electrical Stimulation Device
  • Others

Electric Stimulation Devices Market : By Application

  • Pain Management
  • Neurological and Movement Disorder Management
  • Musculoskeletal Disorder Management
  • Metabolism & GIT Management
  • Incontinence Management
  • Others

Electric Stimulation Devices Market : By End-User

  • Hospitals
  • Specialty Clinics
  • Ambulatory Centers
  • Others

Electric Stimulation Devices Market : By Geography

  • North America
  • South America
  • Europe
  • Asia-Pacific
  • Middle East & Africa

Key Developments in the Electric Stimulation Devices Market :

  • In April, 2019, FDA permits to NeuroSigma to market of first medical device Monarch eTNS System for treatment of ADHD This new device offered a safe, non-drug option for treatment of ADHD in pediatric patients through the use of mild nerve stimulation. This will further enhance the market share of the company globally of the company
  • In January, 2018, the Electrocore received the FDA 510(k) clearance from the FDA for the GammaCore, a hand-held non-invasive nerve stimulating device in the treatment of migraine pain for the adult patients. This approval is the expansion to gammaCore’s series of the company for the acute treatment of pain associated with episodic cluster headaches in adult patients.

Electric Stimulation Devices Market Drivers

  • Increasing incidences of spinal injuries and chronic diseases is boosting the market growth
  • Increasing geriatric population associated with persistent pain is driving the market
  • High prevalence of sports injuries is enhancing the market growth
  • Deskbound lifestyle causing chronic medical conditions elevate the market growth

Electric Stimulation Devices Market Restraints

  • Availability of other products offering a high level of efficiency for the treatment of chronic and cardiac diseases is hampering the market
  • Presence of stringent regulations over the selection and use of the devices hinders the market growth

Opportunities in the Electric Stimulation Devices Market Market Report :

  1. Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
  2. Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Electric Stimulation Devices Market Market report.
  3. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
  4. Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.

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