Pelvic Floor Stimulators Market Size, Share, Growth Report 2030
Description
According to the report published by Zion Market Research, the global Pelvic Floor Stimulators Market size was valued at USD 251.48 Million in 2022 and is predicted to reach USD 498.35 Million by the end of 2030. The market is expected to grow with a CAGR of 8.90% during the forecast period. The report analyzes the global Pelvic Floor Stimulators Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Pelvic Floor Stimulators industry.
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Global Pelvic Floor Stimulators Market: Overview
The Pelvic Floor Stimulation (PFS) is a proposed method to treat fecal and/or urinary incontinence non-surgically. Electromyographic stimulation or pulsed magnetic stimulation of the pelvic floor musculature is the method used in this approach. The stimulation of the pelvic floor can help women with stress urinary incontinence contract and strengthen their pelvic floor. These procedures can be prescribed to patients suffering from urologic diseases like urinary retention, kidney stones, and benign prostatic hyperplasia. It enhances the process of reinnervation of partially denervated urethral and pelvic floor muscles. Pelvic floor stimulation uses electrical and electromagnetic stimulation for the treatment of fecal and urinary incontinence.
Global Pelvic Floor Stimulators Market: Growth Factors
The global pelvic floor stimulators market is growing at an exponential rate. Factors that are fueling the growth of the global market include the growing incidence of diabetes which in turn leads to increase in the number of patients suffering from urinary incontinence. Increased prevalence of urinary incontinence is most likely to develop in women due to weakened muscles of the pelvis after the hormonal changes of menopause or during pregnancy & childbirth. It is noted that urinary incontinence affects 200 million people worldwide as per the research of the American Medical System. In addition, the healthcare professionals such as urogynecologists, gynecologists, nurses, urologists, and other organizations are also focusing on increasing awareness about incontinence that is expected to upsurge the demand for the pelvic floor stimulators market in the near future.
The pelvic floor stimulators are frequently administered to offer advanced care to patients suffering from last-stage renal diseases. Further, rising awareness about urinary incontinence among consumers and increasing healthcare expenditure during pandemics is propelling the adoption of pelvic floor stimulators. Favorable government initiatives are also set in place to increase awareness of urinary incontinence along with the introduction of policies by government for patients suffering from incontinence problems. All these factors are spurring the growth of the global pelvic floor stimulators market. However, the availability of other alternatives in the market is expected to impede the demand for pelvic floor stimulators in the global market. On the other hand, government and non-government organization initiatives on raising awareness about urinary incontinence and rising technological innovations are projected to offer a lucrative opportunity to the growth of the global pelvic floor stimulators market in the forecast period.
The current concern over the spread of coronavirus is predictable to have a moderate impact on the global pelvic floor stimulators market. The sudden outbreak of COVID-19 has let dramatic changes in elective medical care. Almost all of the research and clinical commentary focused on the respiratory function of COVID-19. Due to the adoption of social distancing, physiotherapy in urogynecology faces challenges to safely continue its work. As a result, tele physiotherapy can also be utilized to provide continuity of care during the COVID-19 pandemic, which opens up new avenues for physiotherapy in urogynecology.
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Global Pelvic Floor Stimulators Market: Segmentation
The global pelvic floor stimulators market is divided based on product type, application, and region. The product type segment is bifurcated into gelling fixed and mobile. The application segment is bifurcated into neurodegenerative diseases, urinary incontinence, and sexual dysfunction.
Global Pelvic Floor Stimulators Market: Regional Analysis
North America region is expected to hold the major share in the global pelvic floor stimulators market during the forecast period. Factors such as the rising disposition toward research and development to find an efficient and cost-effective pelvic floor workout method along with rising focus on conservative programs for women suffering from urinary incontinence is likely to drive the demand for the pelvic floor stimulators market in this region. A major problem for women and elderly people in the U.S. is urinary incontinence. Residents of these groups are disproportionately affected by this condition. On the other hand, Asia Pacific is expected to grow at a faster pace and is expected to offer lucrative opportunities for market growth. Some of the factors that are propelling the growth of the market in this region include growing investment by leading players and increasing government spending.
Global Pelvic Floor Stimulators Market: Competitive Players
The global pelvic floor stimulation market is highly fragmented due to the presence of several key players in the market.:
- TensCare Ltd.
- The Prometheus Group
- ActivLife Technologies
- Zynex Inc.
- Verity Medical Ltd.
- Athena Feminine Technologies
- InControl Medical
- Laborie, Inc.
- Athena Feminine Technologies
- Renovia Inc.
are some of the leading players that are functioning in the global pelvic floor stimulators market. The key players operating in the pelvic floor simulators market are focusing on new product development and facilitate other organic strategies to strengthen their product portfolio. These manufacturers are also focusing on strategic mergers and acquisitions to strengthen their position in the market.
The global Pelvic Floor Stimulators Market is segmented as follows:
By product type
- gelling fixed and
- mobile
By Application
- neurodegenerative diseases
- urinary incontinence
- sexual dysfunction
Global Pelvic Floor Stimulators Market: Regional Segment Analysis
- North America
- The U.S.
- Canada
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
What Reports Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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