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Electrical Stimulation Devices Market Poised for Steady Growth, Fueled by Innovation and Rising Surgical Volumes | DelveInsight
Electrical Stimulation Devices Market, DelveInsight
DelveInsight's Electrical Stimulation Devices Market Insights report provides the current and forecast market analysis, individual leading Electrical Stimulation Devices companies' market shares, challenges, Electrical Stimulation Devices market drivers, barriers, and trends, and key Electrical Stimulation Devices companies in the market.
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Key Takeaways from the Electrical Stimulation Devices Market Report
The Electrical Stimulation Devices market is projected to grow at a moderate CAGR from 2025 to 2032.
As per DelveInsight estimates, North America is anticipated to dominate the global Electrical Stimulation Devices market during the forecast period.
Notable Electrical Stimulation Devices companies such as HASOMED GmbH, Restorative Therapies, Bioness Inc., Trulife, Otto Bock, Odstock Medical Limited, Hobbs Rehabilitation, MotoMed, Medline Industries, LP, g.tec medical engineering GmbH., and several others are currently operating in the Electrical Stimulation Devices market.
On October 29, 2020, g.tec medical engineering GmbH obtained FDA approval for g.Estim FES, a neuromuscular electrical stimulator intended for use under medical supervision as an adjunctive therapy for treating various medical conditions.
On March 4, 2020, Bioness Inc. received FDA approval for the L100 Go System, designed to assist ankle dorsiflexion in adults with foot drop or muscle weakness caused by upper motor neuron disease or injury, such as stroke or spinal cord pathway damage.
To read more about the latest highlights related to the Electrical Stimulation Devices market, get a snapshot of the key highlights entailed in the Global Electrical Stimulation Devices Market Report https://www.delveinsight.com/sample-request/functional-electrical-stimulation-fes-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
Electrical Stimulation Devices Overview
Electrical stimulation devices are medical tools that deliver controlled electrical impulses to nerves, muscles, or specific brain regions to restore function, manage pain, or promote healing. They are widely used in rehabilitation, chronic pain treatment, and neurological therapy.
Electrical Stimulation Devices Market Insights
North America is expected to lead the functional electrical stimulation (FES) devices market during the forecast period, driven by the rising prevalence of conditions such as stroke, cerebral palsy, and musculoskeletal disorders. The growing obesity rate in the region further increases the risk of these conditions, fueling demand for FES devices. The strong presence of key market players also supports regional growth.
In the U.S., data from the U.S. Bureau of Labor Statistics (2018) reported 272,780 musculoskeletal disorder cases in the private sector. This growing patient pool is expected to boost demand for FES therapy. Additionally, chronic pain is a significant driver; according to the CDC (2020), in 2019, 20.4% of U.S. adults experienced chronic pain, and 7.4% had pain severe enough to frequently limit daily activities, further contributing to the expansion of the FES devices market.
To know more about why North America is leading the market growth in the Electrical Stimulation Devices market, get a snapshot of the Electrical Stimulation Devices Market Outlook https://www.delveinsight.com/report-store/functional-electrical-stimulation-fes-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
Electrical Stimulation Devices Market Dynamics
The functional electrical stimulation (FES) devices market is currently expanding, driven by the increasing global burden of musculoskeletal disorders. FES devices help improve muscle mobility, enhance strength, reduce spasticity, initiate muscle activity, and create movement memory. According to WHO data (2021), around 1.71 billion people worldwide were living with musculoskeletal conditions in 2020.
In the UK, Gov.UK (2020) reported that 18.5% of adults experienced long-term back or joint pain, with women (20.9%) more likely than men (15.9%) to report such conditions. Similar patterns are seen globally, indicating a rising need for FES devices. Market growth is further supported by strategic initiatives from manufacturers to advance rehabilitative care-for example, Ekso Bionics® partnering with HASOMED in December 2017 to integrate FES into the EksoGTTM Exoskeleton.
While these factors are expected to drive demand, potential risks and high device costs may hinder market growth during the forecast period.
Electrical Stimulation Devices Market Drivers:
Rising prevalence of musculoskeletal disorders
Technological innovation in product development
Get a sneak peek at the Electrical Stimulation Devices market dynamics @ https://www.delveinsight.com/sample-request/functional-electrical-stimulation-fes-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
Scope of the Electrical Stimulation Devices Market Report:
Coverage: Global
Study Period: 2022 to 2032
Key Electrical Stimulation Devices Companies: HASOMED GmbH, Restorative Therapies, Bioness Inc., Trulife, Otto Bock, Odstock Medical Limited, Hobbs Rehabilitation, MotoMed, Medline Industries, LP, g.tec medical engineering GmbH, and others.
Which MedTech key players in the Electrical Stimulation Devices market are set to emerge as the trendsetter, explore @ Electrical Stimulation Devices Companies https://www.delveinsight.com/report-store/functional-electrical-stimulation-fes-devices-market?utm_source=openpr&utm_medium=pressrelease&utm_campaign=kpr
Contact Info:
Kritika Rehani
Assistant Manager, Digital Marketing & Branding
krehani@delveinsight.com
info@delveinsight.com
www.delveinsight.com
+14699457679
About DelveInsight
DelveInsight is a premier healthcare business consultant and market research firm, specializing in life sciences. We empower pharmaceutical companies with comprehensive end-to-end solutions designed to enhance performance and drive growth.
Our expert healthcare consulting services offer in-depth market analysis, helping businesses accelerate growth and navigate challenges with actionable, results-driven strategies.
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