ALBANY, N.Y., Jan. 6, 2022 /PRNewswire/ — The global pelvic floor electrical stimulation devices market was valued at US$ 293.6 Mn in 2019 and is expected to grow at a CAGR of 9.5% during the forecast period, from 2020 to 2030. By the end of 2030, the global market is projected to reach the value of US$ 788.1 Mn. Increasing incidences of urinary incontinence and other pelvic floor ailments, as well as beneficial medical reimbursement policies are likely to drive the global pelvic floor electrical stimulation devices market.
The Centers for Medicare and Medicare Services (CMS) recognizes electrical stimulation devices for the treatment of stress and urges its use during urine incontinence as well. The expansion of the market is also fueled by the increase in the senior population, which is vulnerable to pelvic floor problems.
Request Brochure of Pelvic Floor Electrical Stimulation Devices Market Research Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=17438
The demand for economical technologically sophisticated goods is estimated to drive the global pelvic floor electrical stimulation devices market. Many companies in the present market landscape are striving for rapid approval of their products from the FDA to gain strong presence in the market. Furthermore, with steady rise in demand for non-invasive devices for treating stress urinary incontinence, manufacturing of non-invasive pelvic floor electrical stimulation devices has also increased.
Key Findings of Market Report
- Product Launch and Fast-track FDA Approval to Help Companies Gain Edge in Global Market
As the global prevalence of urine incontinence is rising, a number of firms in the present healthcare industry are making inroads in the global pelvic floor electrical stimulation devices market. Many companies in the current market scenario are striving for a strong market position, and hence, they are trying to obtain FDA approval in lesser period of time. Furthermore, as the demand for non-invasive devices for stress urine incontinence has risen steadily in the recent years, the development of non-invasive pelvic floor electrical stimulation devices has also increased.
For instance, the U.S. FDA authorized the Innovo ® treatment device, a novel non-invasive therapy device for stress incontinence in women, in December 2018. InControl Medical, meanwhile, received FDA clearance in March 2019 for the very first over-the-counter at-home pelvic floor electrical stimulation devices to address urine incontinence in women in the U.S.
Request for Analysis of COVID-19 Impact on Pelvic Floor Electrical Stimulation Devices Market – https://www.transparencymarketresearch.com/sample/sample.php?flag=covid19&rep_id=17438
- Increasing Adoption of Electrical Stimulation to Aid Market Growth
Electrical stimulation has been one of the most effective and cutting-edge methods of biofeedback used for pelvic floor muscle rehabilitation in the past few years. Patients have become more interested in therapies that use pelvic floor electrical stimulation devices in the recent years, a trend that is likely to drive the global pelvic floor electrical stimulation devices market during the forecast period.
In addition, increasing emphasis on first-line conservative management programs for female patients suffering from urinary incontinence is likely to benefit the market. Besides, growing propensity toward research and development to develop an efficient yet cost-effective pelvic floor exercise therapy is anticipated to drive global market.
TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough, Request for Custom Research – https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=17438
Pelvic Floor Electrical Stimulation Devices Market: Growth Drivers
- Rise in incidences of elderly urinary incontinence and awareness about the availability and benefits of electrical simulation devices in Asia Pacific to create sales growth opportunities for the regional market
- Increasing regulatory approvals of new products, reasonable pricing, and convenience of use at office or home to drive demand for mobile pelvic floor electrical stimulation devices
Buy Pelvic Floor Electrical Stimulation Devices Market Research Report – https://www.transparencymarketresearch.com/checkout.php?rep_id=17438<ype=S
Pelvic Floor Electrical Stimulation Devices Market: Key Players
Some of the key market players are
- Shenzhen XFT Medical Limited
- Utah Medical Products, Inc.
- Tic Medizintechnik GmbH
- The Prometheus Group
- InControl Medical Limited
- Verity Medical Ltd
Pelvic Floor Electrical Stimulation Devices Market: Segmentation
Product Type
- Mobile
- Fixed
Application
- Urinary Incontinence Treatment
- Neurodegenerative Diseases
- Sexual Dysfunction
End User
- Hospitals
- Clinics
- Home Care Settings
Modernization of healthcare in terms of both infrastructure and services have pushed the healthcare industry to new heights, Stay Updated with Latest Healthcare Industry Research Reports by Transparency Market Research:
Medical Robotic Systems Market: The growth in the global medical robots market will be driven by several important driving factors such as various benefits offered by the robot assisted training as well as robotic assisted surgery in rehabilitation therapies, improvements in the reimbursement scenario by governments around the world, and rising funding aimed at furthering the research pertaining the development of new and innovative medical robots.
Monoclonal Antibody Therapeutics Market: The rising incidence of cancer across the globe is expected to drive the global market in the coming years. According to the World Health Organization, the world is expected to witness a rise of 70% in the number of cancer cases over the next few years.
Offsite Medical Case Management Market: The offsite medical case management market is gaining traction due to quick and cost effective services. Using the method, time of both patient and doctors are reduced simultaneously. Travelling hour and waiting time is saved in the process.
About Us
Transparency Market Research is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather, and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
For More Research Insights on Leading Industries, Visit Our YouTube Channel and hit subscribe for Future Update – https://www.youtube.com/channel/UC8e-z-g23-TdDMuODiL8BKQ
Contact
Mr. Rohit Bhisey
Transparency Market Research
State Tower,
90 State Street,
Suite 700,
Albany NY – 12207
United States
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Follow Us: Twitter | LinkedIn
Blog: https://tmrblog.com
Browse PR – https://www.transparencymarketresearch.com/pressrelease/pelvic-floor-electrical-stimulation-device-market.htm
View original content:SOURCE Transparency Market Research
