The global pelvic floor electric stimulator market size is expected to reach USD 410.4 million by 2028 according to a new study by Polaris Market Research. The report “Pelvic Floor Electric Stimulator Market Share, Size, Trends, Industry Analysis Report, By Treatment; By Application (Urinary Incontinence, Neurodegenerative Diseases, Sexual Dysfunction); By Region; Segment Forecast, 2021 - 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing number of people living from chronic diseases, increasing aged population, and availability of modern devices are driving the global industry growth. These devices are mainly used in various urological complications such as urinary retention, kidney stones, cystitis, and benign prostatic hyperplasia. There are vast numbers of people suffering from these complications.
The product has wide applications in the treatment of urinary incontinence treatment, sexual abnormalities, and neurodegenerative diseases. The devices available in the industry are either fixed or mobile. In recent times mobile stimulation devices have gained prominence.
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Companies are developing new devices and are raising funds to increase their product reach. In 2021, Atlantic Therapeutics received €2 million from the State-backed Western Development Commission (WDC), and the company is specialized in FDA-approved pelvis electrical stimulator devices.
Industry Participants such as TensCare Ltd., Zynex Inc., Verity Medical Ltd., The Prometheus Group, ActivLife Technologies, InControl Medical, Laborie, Inc., Atlantic Therapeutics, Renovia Inc., and Athena Feminine Technologies are some of the key players operating in the industry.
Polaris Market Research has segmented the pelvic floor electric stimulator market report on the basis of application, treatment, and region:
Pelvic Floor Electric Stimulator, Application Outlook (Revenue - USD Million, 2016 – 2028)
Pelvic Floor Electric Stimulator, Treatment Outlook (Revenue - USD Million, 2016 – 2028)
Pelvic Floor Electric Stimulator, Regional Outlook (Revenue - USD Million, 2016 – 2028)