Number of pages: 100 | Report Format: PDF | Published date: 23 February, 2023
Historical Years – 2020 | Base Year – 2021 | Forecasted Years – 2022-2030
Report Attribute |
Details |
Market size value in 2021 |
US$ 293.49 million |
Revenue forecast in 2030 |
US$ 403.48 million |
Growth Rate |
CAGR of 3.6% from 2022 to 2030 |
Base year for estimation |
2021 |
Forecast period |
2022-2030 |
Historical Year |
2020 |
Segments covered |
Product, Application, End-user, and Region. |
Regional scope |
North America, Europe, Asia Pacific, and the Rest of the World (ROW) |
According to the deep-dive market assessment study by Growth Plus Reports, the global portable muscle stimulators market was valued at US$ 293.49 million in 2021 and is expected to register a revenue CAGR of 3.6% during the forecast period.
Market Fundamentals
The portable muscle stimulator market is expected to experience substantial growth in the forecast years, driven by factors such as increasing incidence of sports injuries, rising awareness about the benefits of physiotherapy and rehabilitation, and advancements in technology leading to the development of more effective and convenient muscle stimulation devices. Additionally, the rise in sedentary lifestyles and increasing prevalence of lifestyle diseases such as obesity, back pain, and arthritis are expected to drive market growth. However, the high cost of these devices and the lack of reimbursement policies in some regions may pose challenges to the market growth.
Geographically, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is expected to dominate the market due to the presence of large number of prominent players and high healthcare expenditure in the region. However, the Asia-Pacific region is expected to witness the fastest growth due to increasing awareness about physiotherapy and rehabilitation and rising health consciousness among consumers.
Portable muscle stimulators deliver electrical stimulation to muscles to produce contractions. It is commonly used for muscle strains, sprains, and chronic pain. They are small, lightweight, and can be easily carried around, making them a popular choice for people seeking a convenient and effective way to manage muscle and pain issues. These devices' electrical stimulation can help to increase blood flow, promote muscle recovery, and improve overall muscle performance. Portable muscle stimulators can help to relieve pain, increase circulation, and promote muscle recovery. Portable muscle stimulators are also used by athletes to improve performance and enhance recovery after intense workouts.
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Market Dynamics
The growing popularity of sports and physical activities leads to increased sports injuries, increasing the demand for portable muscle stimulators. The increasing prevalence of musculoskeletal disorders globally, such as arthritis and osteoporosis, is also propelling the growth of the portable muscle stimulators market. According to the Global RA Network, arthritis is the leading cause of disability globally, it has affected around 350 million people in 2021. The rising geriatric population is also boosting the growth of the portable muscle stimulators market as they are more likely to suffer from conditions such as arthritis, osteoporosis, and chronic pain. The increasing prevalence of sedentary lifestyles and related health problems, such as obesity and back pain, is increasing the patient pool for musculoskeletal disorders. With the increasing focus on preventive healthcare, people are becoming more aware of the benefits of physiotherapy and rehabilitation. Integrating smart technology, such as smartphone apps and wireless connectivity, into muscle stimulators, is becoming more common. This allows users to monitor their progress and receive customized stimulation programs, propelling the portable muscle stimulators market growth. However, the high cost associated with portable muscle stimulators is the major restricting factor of the global portable muscle stimulators market. The medical device industry is heavily regulated, which may hinder the portable muscle stimulators market growth to a certain extent.
Market Ecosystem
The global portable muscle stimulators market has been analyzed from four perspectives: Product, Application, End-user, and Region.
Portable Muscle Stimulators Market by Product
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The market for portable muscle stimulators is segmented based on product into transcutaneous electrical nerve stimulation (TENS), neuromuscular electrical stimulation (NMES), functional electrical stimulation, burst mode alternating current, interferential, micro current electrical neuromuscular stimulator, and others. The transcutaneous electrical nerve stimulation (TENS) segment dominated the portable muscle stimulators market in 2021. The increasing prevalence of chronic pain conditions and the growing demand for non-invasive and drug-free pain management options are driving the growth of the TENS segment. TENS is effective for various pain conditions, including back pain, arthritis, neuropathy, and fibromyalgia. TENS devices are easy-to-use which is increasing the demand for TENS in-home care, which is fueling the segmental growth. TENS devices can be adjusted to deliver stimulation at different frequencies and intensities, allowing customization to meet each individual’s needs, thereby increasing the demand for TENS devices.
Portable Muscle Stimulators Market by Application
Based on application, the global portable muscle stimulators market is divided intopain management, musculoskeletal disorder, neurological disorder, and others. The pain management segment had the largest share of the portable muscle stimulators market in 2021. With the increasing concerns over the side effects of pain medications and the opioid epidemic, many people are looking for alternative ways to manage pain. Portable muscle stimulators are non-invasive and drug-free and are an attractive option for many individuals. The growing prevalence of chronic pain conditions, such as arthritis, neuropathy, and fibromyalgia, is driving the demand for effective pain management solutions. The rise in sports injuries is increasing the demand for pain management solutions and muscle recovery devices. With the increasing understanding of TENS therapy and its benefits, more people are becoming aware of the potential of this form of therapy for pain management.
Portable Muscle Stimulators Market by End-user
Based on end-user, the global portable muscle stimulators market is segmented into hospitals, physiotherapy clinics, sports clinics, ambulatory surgical centers, and home care. The physiotherapy clinics had a prominent share of the portable muscle stimulators market in 2021. The increasing demand for physiotherapy services, especially among an aging population, could also contribute to the dominance of the physiotherapy clinics segment. Physiotherapy clinics provide a controlled and professional environment for using portable muscle stimulators, with trained professionals who can diagnose & treat conditions and provide proper training on using the devices. Physiotherapy is known to be an effective treatment for a wide range of conditions. Using portable muscle stimulators as part of a physiotherapy treatment plan can enhance its effectiveness, propelling segmental growth.
Portable Muscle Stimulators Market by Region
Based on region, the global portable muscle stimulators market has been segmented into North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the global portable muscle stimulators market in 2021, followed by Europe and Asia Pacific. North America has a high prevalence of chronic pain conditions, such as arthritis and neuropathy, driving demand for effective pain management solutions. According to the Centers for Disease Control and Prevention (CDC), an estimated 24% of all adults, or around 58.5 million people in the U.S., have arthritis. The increasing awareness of the benefits of muscle stimulation therapy and its potential for pain management is driving growth in the North American portable muscle stimulators market. The adoption of advanced technologies is leading to the development of new and improved portable muscle stimulators. Moreover, the growing sports industry and the presence of the top market players in North America fuel the region’s growth.
Competitive Landscape
Some of the prominent players operating in the portable muscle stimulators market are:
Strategic Developments
In 2021, the global portable muscle stimulators market was pegged at US$ 293.49 Million.
The growing number of sports injuries, the rising prevalence of musculoskeletal disorders, the adoption of advanced technology, and the rise in sedentary lifestyles are the major driving factor of the global portable muscle stimulators market.
North America has the largest market share in terms of revenue. Asia Pacific has the fastest growth rate, which can be considered the key growth region due to the rapid market developments.
The TENS segment holds the largest market share of the global market.
The prominent players operating in the global portable muscle stimulators market are Beurer GmbH, NeuroMetrix, Inc., Omron Corporation, DJO Global, Inc., and Boston Scientific Corporation, among others.
*Insights on financial performance are subject to the availability of information in the public domain
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