Our most recent market research study, "Electrical Stimulation Devices Market to 2027 Global Analysis and Forecast by Device Type and Application," predicts that the market for electrical stimulation devices will grow from US$ 5,643.7 million in 2019 to US$ 11,334.0 million by 2027, at a CAGR of 9.3%. The market trends, growth drivers, and market-related restrictions are highlighted in the report.

The market for electrical stimulation devices is expanding as a result of factors like the rising frequency of chronic pain and the prevalence of neurological illnesses. The expensive price of treatments employing electrical stimulation devices, however, limits market expansion.

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The global market for electrical stimulation devices is divided into several categories based on the type of device: spinal cord stimulation devices, deep brain stimulation devices, vagus nerve stimulation devices, sacral nerve stimulation devices, gastric electrical stimulation devices, transcutaneous electrical nerve stimulation devices (TENS), neuromuscular electrical stimulation (NMES/EMS) devices, and other devices. During the projected period, the market segment for SNS devices is anticipated to experience the greatest CAGR. Due to benefits including the efficiency of sacral nerve stimulation devices in the treatment of urine incontinence, the market for this area is expected to rise. Additionally, there will be a significant increase in demand for electric stimulation devices in the upcoming years due to the rising prevalence of faecal and urine incontinence. The adoption of these goods is also predicted to be boosted by an increase in the number of product releases and approvals throughout the forecast period.

Among the top firms selling electrical stimulation devices are Boston Scientific Corporation, Medtronic, Abbott, BTL, DJO Global, Inc., Ava Science Inc., NEVROCORP., Zynex Medical, Laborie, Inc., LivaNova PLC, and Neuro Metri.

The report segments global electrical stimulation devices market as follows:

By Device Type

• Spinal Cord Stimulation Devices
• Deep Brain Stimulation Devices
• Vagus Nerve Stimulation (VNS) Devices
• Sacral Nerve Stimulation (SNS) Devices
• Gastric Electrical Stimulation (GES) Devices
• Transcutaneous Electrical Nerve Stimulation (TENS) Devices
• Other Electrical Stimulation Devices

By Application

• Pain Management
• Neurological and Movement Disorder Management
• Musculoskeletal Disorder Management
• Metabolism and GIT Management
• Incontinence Management
• Other Applications

By Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • UK
  • Spain
  • Italy
• Asia Pacific (APAC)
  • China
  • India
  • Japan
  • Australia
  • South Korea
• Middle East and Africa (MEA)
  • Saudi Arabia
  • UAE
  • South Africa
• South and Central America (SCAM)
  • Brazil
  • Argentina

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