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Pelvic floor stimulation therapy market: Overview 

Pelvic floor stimulation (PFS) therapy is a nonsurgical process that activates the nerves and muscle mechanism of the pelvic floor. PFS therapy is frequently prescribed to strengthen the neuromuscular mechanism of the pelvic floor for the treatment of urinary incontinence. With the help of pelvic floor stimulation therapy, patients suffering from urinary incontinence can regain control over their bladder muscle and the muscles around it.

Pelvic floor stimulation therapy involves controlled electrical or magnetic stimulation with non-implantable stimulators to the nerves of the pelvic floor and bladder. The electrodes are placed around the gonads and the rectum or around the anus. The frequency and amplitude of the stimulating pulses, their duration, the number of treatments per day, and the overall duration of the treatment cycle depend on the type and severity of the incontinence. Pelvic floor stimulation therapy exercises the precise muscles involved in the excretion of urine, no surgery is required, and patient participation is also kept to a minimum.

The report offers a comprehensive evaluation of the market by providing in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions.

Pelvic floor stimulation therapy market: Trends and Drivers 

Weakening of the pelvis floor muscles, menopause, obesity, constipation, urinary tract infections, and alcoholism are the main causes of urinary incontinence. The increasing prevalence of these conditions, added to the expanding global geriatric population, is the major driver for the global pelvic floor stimulation therapy market. The increasing healthcare awareness among patients and healthcare professionals in developing countries is also driving the demand from the global pelvic floor stimulation therapy market. On the other hand, the high prices of pelvic floor stimulation devices may hinder the growth of the market in the coming years.

According to the U.S. National Institutes of Health, in 2012, approximately 13 million adult women and 6 million adult males above the age of 40 years were suffering from urinary incontinence in the U.S. alone. UK health data suggests that 4 in 100 adult males and 1 in 5 adult women are suffering from this disorder. As per the Canadian Incontinence Foundation, 3.3 million Canadians above the age of 40 years, equating about 10% of the total population, suffer from some kind of urinary incontinence. This has led to government agencies supporting pelvic floor stimulation therapy, which is likely to lead to better reimbursement options and thus increasing demand in the coming years.

Pelvic floor stimulation therapy market: Segmentation 

The global pelvic floor stimulation therapy market can be segmented according to geography and type of stimulator. Geographically, the market for pelvic floor stimulation therapy can be segmented into North American, Europe, Asia Pacific and Rest of the World. Of these, North America holds the highest share in the global market, followed by Europe and Asia Pacific.

On the other hand, the market for pelvic floor stimulation therapy can be segmented into two segments by stimulator type, namely electrical devices and magnetic devices. The electric devices segment accounts for a major share due to the established popularity of these devices among clinicians and patients, whereas magnetic devices were introduced relatively recently and are yet to become popular on a large scale.

Pelvic floor stimulation therapy market: Competitive Landscape 

There are many companies operating in the global pelvic floor stimulation therapy market, out of which Liberty, Athena, Active Life Technologies, and Mediwatch are the major manufacturers of electrical pelvic floor stimulation devices, while EMD Medical Technologies, MCube Technology and Iskra Medical are the key players in the market for magnetic pelvic floor stimulation devices.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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Pelvic Floor Stimulation Devices Market