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Global Transcutaneous Electrical Nerve Stimulation Market to 2027 – Rising Research and Development Activities in the Healthcare Sector Presents Opportunities – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Transcutaneous Electrical Nerve Stimulation Market Research Report by Surgery Procedures, by Product, by End User, by Region – Global Forecast to 2027 – Cumulative Impact of COVID-19” report has been added to ResearchAndMarkets.com’s offering.

The Global Transcutaneous Electrical Nerve Stimulation Market size was estimated at USD 304.80 million in 2020, is expected to reach USD 314.44 million in 2021, and is projected to grow at a CAGR of 3.53% to reach USD 388.59 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Transcutaneous Electrical Nerve Stimulation Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Transcutaneous Electrical Nerve Stimulation Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Transcutaneous Electrical Nerve Stimulation Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Transcutaneous Electrical Nerve Stimulation Market?

4. What is the competitive strategic window for opportunities in the Global Transcutaneous Electrical Nerve Stimulation Market?

5. What are the technology trends and regulatory frameworks in the Global Transcutaneous Electrical Nerve Stimulation Market?

6. What is the market share of the leading vendors in the Global Transcutaneous Electrical Nerve Stimulation Market?

7. What modes and strategic moves are considered suitable for entering the Global Transcutaneous Electrical Nerve Stimulation Market?

Market Dynamics

Drivers

  • Rising popularity of muscle stimulators among physiotherapists
  • Increasing emphasis on pain management therapies in sports medicine
  • Rising prevalence of musculoskeletal disorders among citizens

Restraints

  • Increased cost of nerve stimulation therapy

Opportunities

  • Rising technological advancements and modernization in the machinery used in healthcare sector
  • Rising research and development activities in the healthcare sector

Challenges

  • Rising lack of skilled or trained physicians

Companies Mentioned

  • Abbott Laboratories
  • Aleva Neurotherapeutics SA
  • BioMedical Life Systems
  • Bioness, Inc.
  • Boston Scientific Corporation
  • Chirag Electronics Private Limited, S.m.r.a
  • Cochlear Ltd
  • Cogentix Medical, Inc.
  • Cyberonics, Inc.
  • DJO LLC.
  • ElectroCore, Inc.
  • EMS Physio Ltd
  • Medtronic plc
  • NeuroMetrix, Inc.
  • NeuroPace Inc
  • Nevro Corp
  • OMRON Corporation
  • R-slimming Medical Systems
  • Uroplasty, Inc.
  • Zynex Medical

For more information about this report visit https://www.researchandmarkets.com/r/vbb015

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