Latin America Muscle Stimulator Market Size & Outlook
Latin America muscle stimulator market, 2018-2030 (US$M)
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Latin America muscle stimulator market highlights
- The Latin America muscle stimulator market generated a revenue of USD 82.2 million in 2023.
- The market is expected to grow at a CAGR of 3.9% from 2024 to 2030.
- In terms of segment, transcutaneous electrical nerve stimulation was the largest revenue generating product in 2023.
- Burst mode alternating current is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.
Latin America data book summary
| Market revenue in 2023 | USD 82.2 million |
| Market revenue in 2030 | USD 107.5 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Transcutaneous electrical nerve stimulation |
| Fastest growing segment | Burst mode alternating current |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Neuromuscular electrical stimulation, Functional electrical stimulation, Transcutaneous electrical nerve stimulation, Interferential, Burst mode alternating current, Micro current EMS |
| Key market players worldwide | NeuroMetrix Inc, OMRON Corp, Lifecore Biomedical Inc, Zynex Inc, EMS Physio, Beurer, Enovis Corp |
Other key industry trends
- In terms of revenue, Latin America region accounted for 10.5% of the global muscle stimulator market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 193.0 million by 2030.
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Muscle Stimulator Market Scope
Muscle Stimulator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Latin America muscle stimulator market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to muscle stimulator market will help companies and investors design strategic landscapes.
Transcutaneous electrical nerve stimulation was the largest segment with a revenue share of 68% in 2023. Horizon Databook has segmented the Latin America muscle stimulator market based on neuromuscular electrical stimulation, functional electrical stimulation, transcutaneous electrical nerve stimulation, interferential, burst mode alternating current, micro current ems covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of muscle stimulator market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America muscle stimulator market, including forecasts for subscribers. This continent databook contains high-level insights into Latin America muscle stimulator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America muscle stimulator market size, by country, 2018-2030 (US$M)
Latin America Muscle Stimulator Market Share, 2023 & 2030 (US$M)
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