Market revenue in 2023 | USD 4.5 million |
Market revenue in 2030 | USD 10.1 million |
Growth rate | 12.4% (CAGR from 2023 to 2030) |
Largest segment | Urinary incontinence |
Fastest growing segment | Urinary Incontinence |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Urinary Incontinence, Neurodegenerative Disorders, Sexual Dysfunction |
Key market players worldwide | Zynex Inc, Verity Medical, InControl Medical, The Prometheus Group, Laborie Medical Technologies, Athena Feminine Technologies, INNOVO by Atlantic Therapeutics, Renovia |
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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 pelvic floor electric stimulator market will help companies and investors design strategic landscapes.
Urinary incontinence was the largest segment with a revenue share of 84.44% in 2023. Horizon Databook has segmented the Australia pelvic floor electric stimulator market based on urinary incontinence, neurodegenerative disorders, sexual dysfunction covering the revenue growth of each sub-segment from 2018 to 2030.
Ongoing developments in medical technology, rising burden of chronic diseases, rapidly aging population, growing income, and shifting consumer expectations are anticipated to boost the demand for medical applications, including pelvic floor stimulator devices.
Australians have one of the highest life expectancies in the world, ranking sixth among OECD nations. Rising investments by government organizations and market players in the country for the management of bladder-related conditions are expected to boost the demand for treatments required for it.
Hence, several companies are launching innovative products and partnering with manufacturers to offer technologically advanced products. For instance, in March 2022, ELLE Tens Australia launched a new smart electric Kegel trainer called Emy to address bladder issues. This launch is expected to boost market growth.
Horizon Databook provides a detailed overview of country-level data and insights on the Australia pelvic floor electric stimulator market , including forecasts for subscribers. This country databook contains high-level insights into Australia pelvic floor electric stimulator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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