The Electrical Stimulation Devices Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Electrical Stimulation Devices Market?
The market size of electrical stimulation devices has seen significant growth recently. It was $7.75 billion in 2024 and is projected to increase to $8.5 billion in 2025, with a compound annual growth rate (CAGR) of 9.6%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Electrical Stimulation Devices Industry?
The Electrical Stimulation Devices market is projected to reach a size of $12.33 billion in 2029, growing at a compound annual growth rate (CAGR) of 9.8%.
Download Your Free Sample of the 2025 Electrical Stimulation Devices Market Report and Uncover Key Trends Now!
What are the Key Growth Drivers Fueling the Electrical Stimulation Devices Market?
The key drivers in the electrical stimulation devices market are:
• Rising incidence of chronic health conditions and aging population trends
• Increasing clinical validation and favorable regulatory environment
• Greater emphasis on mental health and preventive healthcare
• Growing application in sports, fitness and non-invasive therapies
Global Market Segmentation: Identifying Major Electrical Stimulation Devices Industry Segments
The electrical stimulation devices market covered in this report is segmented –
1) By Device Type: Deep Brain Stimulation Devices, Neuromuscular Electrical Stimulation Devices, Sacral Nerve Stimulation Devices, Spinal Cord Stimulation Devices, Other Devices
2) 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
Pre-order the 2025 Electrical Stimulation Devices Global Market Report for Fast Delivery & Comprehensive Insights!
What are the Emerging Trends Shaping the Future of the Electrical Stimulation Devices Market?
The key trends in the electrical stimulation devices market are:
• Regulatory support and reimbursement policies are a significant emerging trend.
• Rising chronic health conditions are affecting the trajectory of the electrical stimulation devices market.
• Clinical research and evidence establishment is an emerging trend in the electrical stimulation devices market.
• There is a shift towardsnon-invasive therapies and increasing sports and fitness applications.
Who Are the Top Competitors & Leading Players in the Electrical Stimulation Devices Market?
Major companies in the electrical stimulation devices market are:
• 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
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the electrical stimulation devices market in 2024
