Global Pelvic Floor Electric Stimulator Market Forecast to 2030 - Covid-19 Impact Analysis (By Product Type: Fixed, Mobile; By Application: Urinary Incontinence, Neurodegenerative Diseases, Sexual Dysfunction; and By End User: Hospitals & Clinics, Ambulatory Surgical Units, Home Care Settings, Others) - Global Market Size, Industry Trends, Competitive Landscape, and Opportunities
The global pelvic floor electric stimulator market size accounted for US$ 221 Mn in 2021 and is anticipated to reach US$ 505 Mn by 2030 with a CAGR of 10% from 2022 to 2030.
Conservative interventions for preventing or treating female stress urinary incontinence (SUI) include pelvic floor muscle training (PFMT) activities and neuromuscular electrical stimulation (NMES). Urinary incontinence (UI) is explained by the International Continence Society as any unintentional loss of urine. The stress urinary incontinence (SUI) is defined as urine loss associated with an effort or physical force, cough, or sneeze. The incidence of SUI in women ranges from 3 to 25%, with elderly women appearing to be the most affected. Changes in habits, lack of physical activity, and social exclusion may be linked to SUI, because women may feel ashamed if they lose urine during certain activities. Furthermore, the prevalence of SUI may have a significant economic impact, because the use of sterile protectors and routine care or consultations, and also surgical interventions for SUI treatment, are associated with high costs.
Because of the increasing prevalence of chronic diseases, the market for pelvic floor electric stimulators is growing. Globally, rising health expenditure and infrastructure are benefiting the market. Furthermore, as consumer interest in the product grows, demand for pelvic floor electric stimulators grows. In addition, growing physiotherapists around the world are endorsing the use of these devices to treat urinary incontinence, ensuing in an increase in product sales. As the US FDA remains to authorize a wide variety of equipment manufactured by different players in the existing market for pelvic floor electric stimulators, demand for the devices is expected to rise steadily. Electrical muscle stimulation, transcutaneous electrical nerve stimulation, and neuromuscular electrical stimulation processes have all seen significant technological advancements, indicating that the industry is on the rise. Over the last few years, research and development activities have improved outcomes in even the most difficult cases.
Increased cases of urinary incontinence and other pelvic floor disorders, increased awareness about the use of pelvic muscles stimulators, an increase in the geriatric population, initiatives by various non-profit organizations and the government, and an increase in demand for home care are all factors that are propelling the pelvic floor stimulator market forward.
Furthermore, an increase in healthcare expenditure, collaborations and partnerships between key players to facilitate development, an increase in R&D activities to launch novel developed products in the market, and technological advancements are some of the factors driving the growth of the pelvic floor stimulator market.
Covid-19 Impact on Global Pelvic Floor Electric Stimulator Market
The global industry for pelvic floor electric stimulators is expected to be unaffected by the COVID-19 pandemic. Despite the fact that hospital visits are being reduced around the world due to the pandemic, online consultations are being conducted for non-emergency or non-critical conditions. People with urinary incontinence are planning to attend online sessions with physiotherapists and purchasing electric stimulators based on the prescriptions. The market for pelvic muscle electric stimulators is forecast to expand due to the fact that these devices are used at home during the pandemic.
Product type, application, end user, and region are the three categories of the global pelvic floor electric stimulator industry. Based on the product type sector, the segmentation includes fixed, and mobile. According to our research, the fixed segment will dominate the pelvic floor electric stimulator market in the coming years.
The application segment is further categorized into urinary incontinence, neurodegenerative diseases, and sexual dysfunction. Among them, urinary incontinence segment achieved a significant amount of market share in 2021. Furthermore, the end-user segment covers into hospitals & clinics and ambulatory surgical units.
Global Pelvic Floor Electric Stimulator Market Geographical Competition
The global pelvic floor electric stimulator industry is divided into North America, Europe, Latin America, Asia-Pacific, and the Middle East and Africa. The global pelvic floor electrical stimulation devices market was dominated by North America in 2021, and this trend is expected to continue during the forecast period. Due to various factors such as increased government spending, increased investment by key market players, and awareness programmes by various organizations, Asia Pacific is expected to substantially lead the market from 2022 to 2030.
Global Pelvic Floor Electric Stimulator Industry Segment Analysis
Market By Product Type
Market By Application
· Neurodegenerative Diseases
· Urinary Incontinence
· Sexual Dysfunction
Market By Neurodegenerative Diseases
· Hospitals & Clinics
· Ambulatory Surgical Units
· Home Care Settings
Pelvic Floor Electric Stimulator Market Leading Companies
This section of the study honors the market's top vendors InControl Medical, ActivLife Technologies, Atlantic Therapeutics, Athena Feminine Technologies, TensCare Ltd., Renovia Inc., The Prometheus Group, Laborie Inc., Verity Medical Ltd., Zynex Inc. are the key companies mentioned in the research.
Pelvic Floor Electric Stimulator Market Regions
· Rest of Europe
· Rest of Latin America
· South Korea
· Rest of Asia-Pacific
Middle East & Africa
· South Africa
· Rest of Middle East & Africa