Pelvic Floor Electrical Stimulation Devices Market size will expand at over 9% CAGR from 2020 and 2030

Pelvic floor electrical stimulation devices are a fairly new long-term therapeutic solution for the strengthening of weakened pelvic floor muscles, which could potentially be used to minimize the effects of neurodegenerative disease, sexual dysfunction, and urinary incontinence among women and geriatrics. Rising investments in the healthcare sector towards research & development on intra-anal or intra-vaginal pelvic electric-powered stimulators are likely to boost demand for these devices in the long term, driven by key players such as Atlantic Therapeutics, TensCare Ltd., and Verity Medical Ltd.

The global pelvic floor electrical stimulation devices market is expected rise strongly and hit a US$ 800 million valuation by the end of the forecast period (2020 to 2030). On the other hand, the industry is likely to be moderately affected by the COVID-19 pandemic, owing to temporary restrictions imposed on elective healthcare.

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In-depth Analysis on Competitive Landscape

The global pelvic floor electrical stimulation devices market is led by a number of prominent players, including Atlantic Therapeutics, InControl Medical Limited, Utah medical Products Inc., Tic Medizintechnik GmbH, The Prometheus Group, Verity Medical Ltd., and Shenzhen XFT Medical Ltd., among others.

Leading manufacturers in the sector are largely concerned with efforts towards the development of new products while complying with regulatory standards. Strategic mergers and acquisitions are also gaining interest among key players in the industry.

  • For instance, Laborie Medical Technologies announced the acquisition of Cogentix Medical Inc., with the aim of investing in new technologies associated with urinary incontinence solutions, including pelvic floor electrical stimulation devices.
  • Atlantic Therapeutics announced FDA approval for its Innovo system pelvic floor electrical stimulation device, which is an OTC, wearable offering for women suffering from urinary incontinence.

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Medical Waste Containers Segmentations:

Product Type

  • Mobile
  • Fixed

Application

  • Urinary Incontinence Treatment
  • Neurodegenerative Diseases
  • Sexual Dysfunction
  • Others

End User

  • Hospitals
  • Clinics
  • Home Care Settings
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

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