Electrical Stimulation Devices (ESDs) Market estimated to exhibit a strong a 6.0% CAGR between 2015 and 2024

TMR anticipates that the electrical stimulation devices (ESDs) market feature the highest degree of competition due to the presence of robust opportunities for growth on the global level. However, the top three companies in the market collectively accounted for 70.6% share of the overall market in 2014. This may show a bit inclination toward the consolidation of the market. The top players in the electrical stimulation devices (ESDs) market include Boston Scientific Corp., Medtronic Plc., and St. Jude Medical Inc. In order to gain a profitable edge of the market, other key players are focusing on product innovation and expansion of consumer base through collaborations and acquisition of smaller and local companies.

The analysts from TMR estimate that the electrical stimulation devices (ESDs) market is likely to expand by exhibiting CAGR of 6.0% during the forecast period from 2015 to 2024. With this CAGR, the market is likely to reach a valuation of US$6.5 bn by the end of 2024 from US$3.8 bn in 2014.

Based on the application, the pain management segment dominated the global electrical stimulation devices (ESDs) market by accumulating an overall share of 53.4% in 2014 and is projected to be dominant in the coming years. Regionally, North America dominated the global electrical stimulation devices (ESDs) market by accounting for 43.5% share in the overall market in 2014 and is estimated to retain its dominance in the coming years. This is primarily attributable to the rising prevalence of chronic pain globally.

 Request Brochure for Report – https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=7075

Rising Prevalence of Chronic Disorders Propels Market Growth 

Most of the demand for ESD is from the treatments used during treating a number of chronic diseases including diabetes, obesity, and chronic pain. Rising prevalence’s of chronic diseases is primarily augmenting the growth of the electrical stimulation devices (ESDs) market. The report from the World Health Organization (WHO) estimates that 13% of the world population is overweight and thus susceptible to cardiac diseases or chronic diseases. Additionally, a massive rise in diabetes is predicted in the next few years, which is creating a need for advanced and effective drugs or treatments. This is one of the major factor fuelling the growth of the electrical stimulation devices (ESDs) market.

Additionally, these factors are creating a need for advanced home or remote healthcare solutions, in which electrical stimulation devices (ESDs) plays a crucial part. Thus, the growth of the electrical stimulation devices (ESDs) market is expected to be at a promising CAGR.

 Request for Analysis of COVID19 Impact on Electrical Stimulation Devices (ESDs) Market –


Availability of Substitutes Creates Challenge Market Growth 

Despite these factors, the factors such as the availability of a large number of substitutes for electrical stimulation devices are expected to hinder the growth of the global electrical stimulation devices (ESDs) market to some extent. Additionally, the presence of other products offering a high level of efficiency for the treatment of chronic and cardiac diseases is hampering its adoption. Presence of stringent regulations over the selection and use of the devices is restraining the growth of the global electrical stimulation devices (ESDs) market.

Nonetheless, a large number of devices which are yet to receive, which can comply with these norms; introduction of these products is expected to offer most lucrative opportunities for growth in the global electrical stimulation devices (ESDs) market. Additionally, the electrical stimulation devices (ESDs) are increasingly used in the bone-related, neurological, and spinal diseases is expected to offer factors to drive market growth in the coming years.

This information is encompassed in the report by TMR, titled, “Electrical Stimulation Devices (ESDs) Market (Device Type – Spinal Cord Stimulation (SCS) Devices, Deep Brain Stimulation (DBS) Devices, Vagus Nerve Stimulation (VNS) Devices, Sacral Nerve Stimulation (SNS) Devices, Gastric Electric Stimulation (GES) Devices, Transcutaneous electrical nerve stimulation (TENS) Devices, Neuromuscular Electrical Stimulation (NMES/EMS) Devices, Electrotherapy Devices, Combination Devices, Trigeminal Nerve Stimulation (TNS), and Transcranial Magnetic Stimulation (TMS); Application – Pain Management, Neurological and Movement Disorder Management, Musculoskeletal Disorder Management, Metabolism & GIT Management, Incontinence Management, Aesthetics, Training, and Cosmetics) – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2024.”

 Buy Electrical Stimulation Devices (ESDs) Market Report –


For the study, the electrical stimulation devices (ESDs) market has been segmented as follows: 

Device Type 

  • Spinal Cord Stimulation (SCS) Devices
  • Deep Brain Stimulation (DBS) Devices
  • Vagus Nerve Stimulation (VNS) Devices
  • Sacral Nerve Stimulation (SNS) Devices
  • Gastric Electric Stimulation (GES) Devices
  • Transcutaneous electrical nerve stimulation (TENS) Devices
  • Neuromuscular Electrical Stimulation (NMES/EMS) Devices
  • Other Electrical Stimulation Devices
    • Electrotherapy Devices
    • Combination Devices
    • TNS
    • TMS

 About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.


Transparency Market Research,

90 State Street, Suite 700,

Albany, NY 12207

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com/