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Neuromuscular Electric Stimulator Market Share

Report ID: GMI11802
Published Date: Oct 2024
Report Format: PDF

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Neuromuscular Electric Stimulator Market Share

The market is dominated by some of the major market players. The market is competitive in nature, with major organizations, local small players, and start-ups joining the industry competition. The key industry players are consistently involved in creating new opportunities in the healthcare sector. Leading companies, such as OMRON Corporation, Enovis Corporation, and Ottobock among others maintain a strong presence with extensive product portfolios of neuromuscular electric stimulator, handheld neuromuscular stimulators, wearable neuromuscular stimulators, and technological innovations, and global market reach.

Neuromuscular Electric Stimulator Market Companies

Prominent players operating in the neuromuscular electric stimulator industry include:

AxioBionics LLC
Enovis Corporation
Ibramed Medical
MTR + Vertriebs GmbH
NeuroMetrix, Inc.
OMRON Corporation
Ottobock
RS Medical
Sky Medical Technology Ltd.
Verity Medical Ltd.
Zynex, Inc.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The global neuromuscular electric stimulator industry was valued at USD 381.7 million in 2023 and is expected to grow at a 9.1% CAGR from 2024 to 2032, driven by technological advancements and increasing demand for rehabilitation solutions.

The handheld neuromuscular stimulators segment generated USD 309.8 million in 2023, favored for their convenience and ease of use compared to bulky stationary devices.

North America neuromuscular electric stimulator industry recorded USD 157.3 million in 2023 and is anticipated to grow at an 8.4% CAGR from 2024 to 2032, supported by a well-established healthcare infrastructure and increasing incidence of musculoskeletal disorders.

Key players in the industry include AxioBionics LLC, Enovis Corporation, Ibramed Medical, MTR + Vertriebs GmbH, NeuroMetrix, Inc., OMRON Corporation, Ottobock, RS Medical, Sky Medical Technology Ltd., and Verity Medical Ltd.