The global pelvic floor electric stimulator market is anticipated to reach USD 287.55 million by 2026, according to a new report by Grand View Research, Inc. Increasing prevalence of urinary incontinence, rising investment in the research and development by the key players and growing awareness initiatives are anticipated to boost the market growth.
According to National Health Service (NHS) England, around 61.0% of the male population are suffering from lower urinary tract infections and around 34.0% of women are living with some type of Urinary Incontinence (UI). UI costs around USD 301.40 million per year to the NHS. Women are more prone to urinary incontinence as compared to men due to pregnancy, menopause and hormonal changes. There are various conditions and chronic diseases which increases the risk of UI such as stroke, prostate cancer, Parkinson’s disease, Diabetes Mellitus, and Chronic Obstructive Pulmonary Disease (COPD). For instance, according to International Diabetes Federation, people living with diabetes are expected to increase to 629.0 million in 2045 from 425.0 million adults in 2017. Thus, increasing prevalence of chronic diseases, and UI are expected to drive the market growth.
Increasing awareness initiatives by various government and non-governmental organization are increasing the demand of pelvic floor electric stimulator worldwide. For instance, the Australian government has initiated a program “National Continence Management Program”, through this program government raises awareness about various issues such as bowel and bladder health problem. The Australian government also started “The continence aids payment scheme (CAPS)” under which eligible people gets assistance to meet their incontinence needs.
Grand View Research has segmented the global pelvic floor electric stimulator market on the basis of application and regions:
Global Pelvic Floor Electric Stimulator Market, By Application (Revenue, USD Million, 2015 – 2026)
- Urinary Incontinence
- Neurodegenerative Diseases
- Sexual Dysfunction
Further Key Findings from the Study Suggest:
- Based on the application, urinary incontinence segment dominated the market in 2018, owing to the increasing prevalence of urinary incontinence, increasing government initiatives, and growing geriatric population.
- North America dominated the market with the highest revenue share in 2018 owing to the increasing number of chronic disease resulting in the prevalence of sexual dysfunction and urinary incontinence and favorable reimbursement framework in the region.
- Few of the key players operating in the pelvic floor electric stimulator market are Zynex Inc, TensCare Ltd, Verity Medical Ltd, Tic Medizintechnik GmbH, Everyway Medical Instruments Co, InControl Medical Limited, The Prometheus Group, Hollister Incorporated, and Laborie.
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Key Topics Covered
Table of Content
Chapter 1 Methodology and Scope
1.1 Market Segmentation and Scope
1.1.1 By Application
1.1.2 Regional Scope
1.1.3 Estimates And Forecast Timeline
1.2 Research Methodology
1.3 Information procurement
1.3.1 Purchased Database:
1.3.2 Gvr’s Internal Database
1.3.3 Secondary Sources
1.3.4 Primary Research
1.3.5 Details Of Primary Research
1.4 Information or Data Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Validation
1.6 Model Details
1.6.1 Commodity Flow Analysis (Model 1)
220.127.116.11 Approach 1: Commodity Flow Approach
1.6.2 Volume Price Analysis (Model 2)
18.104.22.168 Approach 2: Volume price analysis
1.7 List of Secondary Sources
1.8 List of Primary Sources
1.9 List of Abbreviations
1.10.1 Objective 1
1.10.2 Objective 2
1.10.3 Objective 3
1.10.4 Objective 4
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segment Outlook
2.3 Competitive Insights
Chapter 3 Pelvic Floor Electric Stimulator Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Ancillary Market Outlook
3.2 Penetration & Growth Prospect Mapping
3.3 User Perspective Analysis
3.3.1 Consumer Behavior Analysis
3.3.2 Market Influencer Analysis
3.4 List of Key End Users
3.5 Regulatory Framework
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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