The electrical stimulation devices market size has grown strongly in recent years. It will grow from $7.75 billion in 2024 to $8.5 billion in 2025 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to sports and fitness applications, shift towards non-invasive therapies, clinical validation, rising chronic health conditions, regulatory support.
The electrical stimulation devices market size is expected to see strong growth in the next few years. It will grow to $12.33 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to aging population trends, rising incidence of chronic health conditions, expanding clinical validation, supportive regulatory environment, mental health emphasis, increased focus on preventive healthcare. Major trends in the forecast period include regulatory support and reimbursement policies, rising chronic health conditions, clinical research and evidence, shift towards non-invasive therapies, increased sports and fitness applications.
The rising prevalence of muscle disorders is anticipated to drive growth in the electrical stimulation devices market. Muscle disorders comprise a range of inherited genetic conditions that lead to progressive muscle weakness over time. These disorders can result in weakness or paralysis even when the nervous system remains intact. Electrical stimulation devices are designed to alleviate muscle weakness by generating controlled and comfortable muscle contractions using skin electrodes and a portable stimulator. For instance, in June 2024, the Australian Institute of Health and Welfare, an Australian government agency, estimated that around 7.3 million Australians (29%) were living with chronic musculoskeletal conditions in 2022. Among these individuals, 4 million (16%) reported experiencing back issues, 3.7 million (15%) were diagnosed with arthritis, and 854,000 (3.4%) were affected by osteoporosis or osteopenia. Consequently, the increasing incidence of muscle disorders is driving the growth of the electrical stimulation devices market.
The rising prevalence of chronic diseases is anticipated to drive the growth of the electric stimulation device market in the coming years. Chronic diseases are long-term medical conditions that typically develop slowly and persist for more than three months, often necessitating ongoing management rather than a cure. The increase in chronic diseases can be attributed to several factors, including an aging population, sedentary lifestyles, poor dietary habits, a higher prevalence of obesity, and environmental influences. Electric stimulation devices are essential for managing chronic diseases as they help alleviate pain, improve muscle function, and enhance nerve recovery by delivering targeted electrical impulses to affected areas. For example, a report published by the World Health Organization (WHO), a Switzerland-based intergovernmental organization, indicated in February 2024 that there were approximately 20 million new cancer cases and 9.7 million deaths worldwide in 2022. Lung cancer was the most prevalent, with 2.5 million new cases (12.4%), followed by female breast cancer (2.3 million cases, 11.6%), colorectal cancer (1.9 million cases, 9.6%), prostate cancer (1.5 million cases, 7.3%), and stomach cancer (970,000 cases, 4.9%). By 2050, new cancer cases are projected to increase by 77%, reaching over 35 million annually. Thus, the rising prevalence of chronic diseases is propelling the growth of the electric stimulation device market.
Technological advancements serve as a prominent trend gaining traction in the electrical stimulation market. Leading market entities are introducing FDA-approved, state-of-the-art electrical stimulation devices to elevate patient treatment outcomes. A case in point is Abbott Laboratories, a renowned US-based medical device company operating in the field of electrical stimulation devices. In August 2022, Abbott Laboratories unveiled Proclaim Plus, a technologically advanced spinal cord stimulation device authorized by the US FDA. This cutting-edge device, leveraging FlexBurst360 therapy, represents the next generation of BurstDR stimulation therapy. It offers a broader myotomal coverage at lower amplitudes compared to single-area stimulation, thereby delivering personalized pain relief for a diverse range of painful conditions. The introduction of such innovative and advanced therapies expands the array of available treatments, amplifying the effectiveness and options in the realm of electrical stimulation devices.
The development of innovative products such as nerve stimulators represents a strategic approach for major companies in the electrical stimulation device market to broaden their customer base, increase sales, and drive revenue growth. Nerve stimulators, medical devices that deliver controlled electrical impulses to nerves, have garnered attention due to their potential therapeutic applications. For instance, Checkpoint Surgical, a US-based medical device company, introduced Checkpoint Gemini in September 2022. This device distinguishes itself by its exceptional precision in nerve stimulation. The innovative bipolar probe design of Checkpoint Gemini enables highly accurate direct nerve stimulation, particularly at the fascicular level. Surgeons benefit from this technology as it allows for targeted energy delivery to specific areas, enhancing clarity in identifying the responsible fascicle within a nerve for a particular response. The precision offered by Checkpoint Gemini represents a significant leap forward in nerve stimulation technology, catering to the demand for more accurate and sophisticated medical devices.
In August 2022, Medtronic, a US-based medical device company, acquired Affera Inc. for an undisclosed sum. This acquisition allowed Medtronic to enhance its cardiac ablation portfolio by introducing its first cardiac mapping and navigation platform, which offers a fully integrated solution for diagnostic, focal pulsed field, and radiofrequency ablation. The acquisition includes the Affera Prism-1 cardiac mapping and navigation platform, which will be compatible with both Medtronic's and other manufacturers' therapeutic catheters and technologies. Affera Inc. is a US-based manufacturer specializing in electrical stimulation devices.
Major companies operating in the electrical stimulation devices market include Boston Scientific Corporation, Abbott Laboratories, DJO Global Inc., BTL Corporate Inc., Nevro Corp., NeuroMetrix Inc., Zynex Inc., BioMedical Life Systems, RS Medical, Biotronik Inc., CU Medical System Inc., Beijing Pins Medical Co.Ltd., MicroPort Scientific Corporation, Koninklijke Philips N.V, Bioinduction Ltd., Soterix Medical Inc., Medtronic plc, MYOLYN, Cogentix Medical Inc., Cyberonics Inc., Stimwave Technologies, EndoStim Inc., SPR Therapeutics, Nuvectra Corporation, ElectroCore Inc., Axonics Modulation Technologies Inc., Inspire Medical Systems Inc., Second Sight Medical Products Inc., Cochlear Limited.
North America was the largest region in the electrical stimulation devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the electrical stimulation devices market report during the forecast period. The regions covered in the electrical stimulation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electrical stimulation devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Electrical stimulation devices are compact electronic devices affixed to the skin using electrodes and worn externally by patients. They are utilized for reducing acute post-operative pain and swelling, as well as for treating chronic intractable pain. These devices emit gentle electrical pulses through the skin and are effective in addressing a variety of nerve and musculoskeletal pain disorders.
The primary types of electrical stimulation devices include deep brain stimulation devices, neuromuscular electrical stimulation devices, sacral nerve stimulation devices, spinal cord stimulation devices, and others. Deep brain stimulation devices involve a medical treatment method that employs an implanted device to deliver electrical currents to specific areas of the brain. This treatment is commonly used for managing movement disorders associated with conditions such as Parkinson's disease (PD), dystonia, essential tremors, and other neurological conditions. Electrical stimulation devices are applied across various domains, including pain management, neurological and movement disorder management, musculoskeletal disorder management, metabolism, gastrointestinal management, and more. These devices are utilized by hospitals, ambulatory surgical centers, and other healthcare facilities.
The electrical stimulation devices market research report is one of a series of new reports that provides electrical stimulation devices market statistics, including electrical stimulation devices industry global market size, regional shares, competitors with an electrical stimulation devices market share, detailed electrical stimulation devices market segments, market trends and opportunities, and any further data you may need to thrive in the electrical stimulation devices industry. This electrical stimulation devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electrical stimulation devices market consists of sales of implantable electronic stimulation devices, vagus nerve stimulation (VNS) devices and transcutaneous electrical nerve stimulation (TENS) devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The electrical stimulation devices market size is expected to see strong growth in the next few years. It will grow to $12.33 billion in 2029 at a compound annual growth rate (CAGR) of 9.8%. The growth in the forecast period can be attributed to aging population trends, rising incidence of chronic health conditions, expanding clinical validation, supportive regulatory environment, mental health emphasis, increased focus on preventive healthcare. Major trends in the forecast period include regulatory support and reimbursement policies, rising chronic health conditions, clinical research and evidence, shift towards non-invasive therapies, increased sports and fitness applications.
The rising prevalence of muscle disorders is anticipated to drive growth in the electrical stimulation devices market. Muscle disorders comprise a range of inherited genetic conditions that lead to progressive muscle weakness over time. These disorders can result in weakness or paralysis even when the nervous system remains intact. Electrical stimulation devices are designed to alleviate muscle weakness by generating controlled and comfortable muscle contractions using skin electrodes and a portable stimulator. For instance, in June 2024, the Australian Institute of Health and Welfare, an Australian government agency, estimated that around 7.3 million Australians (29%) were living with chronic musculoskeletal conditions in 2022. Among these individuals, 4 million (16%) reported experiencing back issues, 3.7 million (15%) were diagnosed with arthritis, and 854,000 (3.4%) were affected by osteoporosis or osteopenia. Consequently, the increasing incidence of muscle disorders is driving the growth of the electrical stimulation devices market.
The rising prevalence of chronic diseases is anticipated to drive the growth of the electric stimulation device market in the coming years. Chronic diseases are long-term medical conditions that typically develop slowly and persist for more than three months, often necessitating ongoing management rather than a cure. The increase in chronic diseases can be attributed to several factors, including an aging population, sedentary lifestyles, poor dietary habits, a higher prevalence of obesity, and environmental influences. Electric stimulation devices are essential for managing chronic diseases as they help alleviate pain, improve muscle function, and enhance nerve recovery by delivering targeted electrical impulses to affected areas. For example, a report published by the World Health Organization (WHO), a Switzerland-based intergovernmental organization, indicated in February 2024 that there were approximately 20 million new cancer cases and 9.7 million deaths worldwide in 2022. Lung cancer was the most prevalent, with 2.5 million new cases (12.4%), followed by female breast cancer (2.3 million cases, 11.6%), colorectal cancer (1.9 million cases, 9.6%), prostate cancer (1.5 million cases, 7.3%), and stomach cancer (970,000 cases, 4.9%). By 2050, new cancer cases are projected to increase by 77%, reaching over 35 million annually. Thus, the rising prevalence of chronic diseases is propelling the growth of the electric stimulation device market.
Technological advancements serve as a prominent trend gaining traction in the electrical stimulation market. Leading market entities are introducing FDA-approved, state-of-the-art electrical stimulation devices to elevate patient treatment outcomes. A case in point is Abbott Laboratories, a renowned US-based medical device company operating in the field of electrical stimulation devices. In August 2022, Abbott Laboratories unveiled Proclaim Plus, a technologically advanced spinal cord stimulation device authorized by the US FDA. This cutting-edge device, leveraging FlexBurst360 therapy, represents the next generation of BurstDR stimulation therapy. It offers a broader myotomal coverage at lower amplitudes compared to single-area stimulation, thereby delivering personalized pain relief for a diverse range of painful conditions. The introduction of such innovative and advanced therapies expands the array of available treatments, amplifying the effectiveness and options in the realm of electrical stimulation devices.
The development of innovative products such as nerve stimulators represents a strategic approach for major companies in the electrical stimulation device market to broaden their customer base, increase sales, and drive revenue growth. Nerve stimulators, medical devices that deliver controlled electrical impulses to nerves, have garnered attention due to their potential therapeutic applications. For instance, Checkpoint Surgical, a US-based medical device company, introduced Checkpoint Gemini in September 2022. This device distinguishes itself by its exceptional precision in nerve stimulation. The innovative bipolar probe design of Checkpoint Gemini enables highly accurate direct nerve stimulation, particularly at the fascicular level. Surgeons benefit from this technology as it allows for targeted energy delivery to specific areas, enhancing clarity in identifying the responsible fascicle within a nerve for a particular response. The precision offered by Checkpoint Gemini represents a significant leap forward in nerve stimulation technology, catering to the demand for more accurate and sophisticated medical devices.
In August 2022, Medtronic, a US-based medical device company, acquired Affera Inc. for an undisclosed sum. This acquisition allowed Medtronic to enhance its cardiac ablation portfolio by introducing its first cardiac mapping and navigation platform, which offers a fully integrated solution for diagnostic, focal pulsed field, and radiofrequency ablation. The acquisition includes the Affera Prism-1 cardiac mapping and navigation platform, which will be compatible with both Medtronic's and other manufacturers' therapeutic catheters and technologies. Affera Inc. is a US-based manufacturer specializing in electrical stimulation devices.
Major companies operating in the electrical stimulation devices market include Boston Scientific Corporation, Abbott Laboratories, DJO Global Inc., BTL Corporate Inc., Nevro Corp., NeuroMetrix Inc., Zynex Inc., BioMedical Life Systems, RS Medical, Biotronik Inc., CU Medical System Inc., Beijing Pins Medical Co.Ltd., MicroPort Scientific Corporation, Koninklijke Philips N.V, Bioinduction Ltd., Soterix Medical Inc., Medtronic plc, MYOLYN, Cogentix Medical Inc., Cyberonics Inc., Stimwave Technologies, EndoStim Inc., SPR Therapeutics, Nuvectra Corporation, ElectroCore Inc., Axonics Modulation Technologies Inc., Inspire Medical Systems Inc., Second Sight Medical Products Inc., Cochlear Limited.
North America was the largest region in the electrical stimulation devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the electrical stimulation devices market report during the forecast period. The regions covered in the electrical stimulation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the electrical stimulation devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Electrical stimulation devices are compact electronic devices affixed to the skin using electrodes and worn externally by patients. They are utilized for reducing acute post-operative pain and swelling, as well as for treating chronic intractable pain. These devices emit gentle electrical pulses through the skin and are effective in addressing a variety of nerve and musculoskeletal pain disorders.
The primary types of electrical stimulation devices include deep brain stimulation devices, neuromuscular electrical stimulation devices, sacral nerve stimulation devices, spinal cord stimulation devices, and others. Deep brain stimulation devices involve a medical treatment method that employs an implanted device to deliver electrical currents to specific areas of the brain. This treatment is commonly used for managing movement disorders associated with conditions such as Parkinson's disease (PD), dystonia, essential tremors, and other neurological conditions. Electrical stimulation devices are applied across various domains, including pain management, neurological and movement disorder management, musculoskeletal disorder management, metabolism, gastrointestinal management, and more. These devices are utilized by hospitals, ambulatory surgical centers, and other healthcare facilities.
The electrical stimulation devices market research report is one of a series of new reports that provides electrical stimulation devices market statistics, including electrical stimulation devices industry global market size, regional shares, competitors with an electrical stimulation devices market share, detailed electrical stimulation devices market segments, market trends and opportunities, and any further data you may need to thrive in the electrical stimulation devices industry. This electrical stimulation devices market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electrical stimulation devices market consists of sales of implantable electronic stimulation devices, vagus nerve stimulation (VNS) devices and transcutaneous electrical nerve stimulation (TENS) devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Electrical Stimulation Devices Market Characteristics3. Electrical Stimulation Devices Market Trends and Strategies4. Electrical Stimulation Devices Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Electrical Stimulation Devices Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Electrical Stimulation Devices Market34. Recent Developments in the Electrical Stimulation Devices Market
5. Global Electrical Stimulation Devices Growth Analysis and Strategic Analysis Framework
6. Electrical Stimulation Devices Market Segmentation
7. Electrical Stimulation Devices Market Regional and Country Analysis
8. Asia-Pacific Electrical Stimulation Devices Market
9. China Electrical Stimulation Devices Market
10. India Electrical Stimulation Devices Market
11. Japan Electrical Stimulation Devices Market
12. Australia Electrical Stimulation Devices Market
13. Indonesia Electrical Stimulation Devices Market
14. South Korea Electrical Stimulation Devices Market
15. Western Europe Electrical Stimulation Devices Market
16. UK Electrical Stimulation Devices Market
17. Germany Electrical Stimulation Devices Market
18. France Electrical Stimulation Devices Market
19. Italy Electrical Stimulation Devices Market
20. Spain Electrical Stimulation Devices Market
21. Eastern Europe Electrical Stimulation Devices Market
22. Russia Electrical Stimulation Devices Market
23. North America Electrical Stimulation Devices Market
24. USA Electrical Stimulation Devices Market
25. Canada Electrical Stimulation Devices Market
26. South America Electrical Stimulation Devices Market
27. Brazil Electrical Stimulation Devices Market
28. Middle East Electrical Stimulation Devices Market
29. Africa Electrical Stimulation Devices Market
30. Electrical Stimulation Devices Market Competitive Landscape and Company Profiles
31. Electrical Stimulation Devices Market Other Major and Innovative Companies
35. Electrical Stimulation Devices Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Electrical Stimulation Devices Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on electrical stimulation devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for electrical stimulation devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electrical stimulation devices market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Device Type: Deep Brain Stimulation Devices; Neuromuscular Electrical Stimulation Devices; Sacral Nerve Stimulation Devices; Spinal Cord Stimulation Devices; Other Devices2) by Application: Pain Management; Neurological and Movement Disorder Management; Musculoskeletal Disorder Management; Metabolism and GIT Management; Other Applications
3) by End User: Hospitals; Ambulatory Surgical Centers; Other End Users
Subsegments:
1) by Deep Brain Stimulation Devices: Implantable Pulse Generators; Electrodes; Accessories2) by Neuromuscular Electrical Stimulation Devices: Transcutaneous Electrical Nerve Stimulators (TENS); Functional Electrical Stimulation (FES) Devices; Surface Electrode Systems
3) by Sacral Nerve Stimulation Devices: Implanted Pulse Generators; Leads; External Testing Devices
4) by Spinal Cord Stimulation Devices: Implantable Pulse Generators; Leads; Battery Systems
5) by Other Devices: Vagus Nerve Stimulation Devices; Peripheral Nerve Stimulation Devices; Cochlear Implants
Key Companies Mentioned: Boston Scientific Corporation; Abbott Laboratories; DJO Global Inc.; BTL Corporate Inc.; Nevro Corp.
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Electrical Stimulation Devices market report include:- Boston Scientific Corporation
- Abbott Laboratories
- DJO Global Inc.
- BTL Corporate Inc.
- Nevro Corp.
- NeuroMetrix Inc.
- Zynex Inc.
- BioMedical Life Systems
- RS Medical
- Biotronik Inc.
- CU Medical System Inc.
- Beijing Pins Medical Co.Ltd.
- MicroPort Scientific Corporation
- Koninklijke Philips N.V
- Bioinduction Ltd.
- Soterix Medical Inc.
- Medtronic plc
- MYOLYN
- Cogentix Medical Inc.
- Cyberonics Inc.
- Stimwave Technologies
- EndoStim Inc.
- SPR Therapeutics
- Nuvectra Corporation
- ElectroCore Inc.
- Axonics Modulation Technologies Inc.
- Inspire Medical Systems Inc.
- Second Sight Medical Products Inc.
- Cochlear Limited
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 8.5 Billion |
Forecasted Market Value ( USD | $ 12.33 Billion |
Compound Annual Growth Rate | 9.8% |
Regions Covered | Global |
No. of Companies Mentioned | 30 |