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(Medical-NewsWire.com, September 14, 2021 ) Market Overview
Electrical stimulation of the pelvic floor is a painless and powerful technique that treats urinary incontinence, frequency, and urgency.
PFS involves electrical stimulation of pelvic floor muscle groups using either a probe wired to a tool for controlling the electric stimulation or, more lately, extracorporeal electromagnetic (additionally known as magnetic) pulses.
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The primary factors driving the boom of this market are the growing prevalence of neurodegenerative problems, the developing geriatric population and the increasing use of medical gadgets in numerous remedies.
The growing geriatric population will drive the market growth
The incidence of urinary incontinence (UI) and overactive bladder rises with age, and older adults are the fastest-developing section of the populace.
According to WHO prevalence of urinary incontinence reported in populace-based studies degrees from 9.9% to 36.1% (2–4) and is twice as excessive in older women as in older men.
As consistent with the American Society of Nephrology, urologic illnesses are the 0.33 maximum common difficulty some of the geriatric populace, and these account for approximately around 47.0% of doctor visits. Similarly, in step with Phoenix Physical Therapy, 200 million human beings are laid low with urinary incontinence worldwide. Moreover, the growing elderly population in the Asia Pacific vicinity, in particular in Japan, India, and China, is anticipated to power the marketplace during the forecast period.
R&D and the increasing use of medical devices for various treatments are driving the market growth
The increase in technological innovations in the healthcare system may increase the demand for medical devices for various treatments. This will increase Pelvic Floor Electric Stimulator Market in the forecast period. Increasing investments in research and development towards solutions for weak pelvic floor muscle.
The high cost of pelvic floor electric stimulator may hamper the growth
Due to the high cost of pelvic floor electric stimulators, the growth in the market may get affected, as people may look out for cheaper and alternative treatments. Some patients may not be able to pay the expense for the treatment, which may not be covered in their health insurance.
By Product type
• Urinary Incontinence Treatment
• Neurodegenerative Diseases
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North America holds the largest share in the market
This dominance may be attributed to the growing prevalence of neurodegenerative diseases, the rising geriatric population, and the growing occurrence of sexual disorders.
Population-based totally facts on 36 million Medicare beneficiaries over 65 suggest that 1.6% of Americans are dealt with yearly for Parkinson's sickness. According to the age- and sex-particular meta-estimates from California, Minnesota, and Ontario and the US population structure from 2010, we estimate the overall prevalence of Parkinson's ailment among those elderly ≥45 years to be 572 in keeping with a 100,000 (95% self-belief c program language period 537–614) that there had been 680,000 individuals within the US elderly ≥45 years with PD in 2010 and that that wide variety will rise to approximately 930,000 in 2020 and 1,238,000 in 2030 based totally on the US Census Bureau populace projections.
According to Parkinson's Foundation, nearly one million humans in the U.S. Stay with Parkinson's ailment (PD), that's more than the blended wide variety of humans diagnosed with a couple of sclerosis, muscular dystrophy, and Lou Gehrig's disease (or Amyotrophic Lateral Sclerosis). This is anticipated to upward push to at least one.2 million by 2030.
The primary key players dominating the pelvic floor electrical stimulation market are Everyway Medical Instruments Co., Ltd, InControl Medical, Laborie, Inc., The Prometheus Group, Utah Medical Products, Inc., Tic Medizintechnik GmbH & CO. KG, Cleo, Shenzhen XFT Medical Limited, Sugar International, Sunmedix Co, Ltd., Verity Medical Ltd, Novuqare, Relevium Labs Inc., GymnaUniphy, V2U Healthcare, Shenzhen Konmed Technology Co.ltd, Guangzhou Bytech Technology Co., Ltd, Shanghai Tiran Industrial Co., Ltd, and Atlantic Therapeutics.
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