Canada Pelvic Floor Electric Stimulator Market Size & Outlook
Canada pelvic floor electric stimulator market, 2018-2030 (US$M)
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Canada pelvic floor electric stimulator market highlights
- The Canada pelvic floor electric stimulator market generated a revenue of USD 17.2 million in 2023 and is expected to reach USD 37.5 million by 2030.
- The Canada market is expected to grow at a CAGR of 11.8% from 2024 to 2030.
- In terms of segment, urinary incontinence was the largest revenue generating application in 2023.
- Sexual Dysfunction is the most lucrative application segment registering the fastest growth during the forecast period.
Pelvic floor electric stimulator market data book summary
| Market revenue in 2023 | USD 17.2 million |
| Market revenue in 2030 | USD 37.5 million |
| Growth rate | 11.8% (CAGR from 2023 to 2030) |
| Largest segment | Urinary incontinence |
| Fastest growing segment | Sexual Dysfunction |
| 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 |
Other key industry trends
- In terms of revenue, Canada accounted for 7.0% of the global pelvic floor electric stimulator market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. pelvic floor electric stimulator market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 37.5 million by 2030.
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Pelvic Floor Electric Stimulator Market Scope
Pelvic Floor Electric Stimulator Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada pelvic floor electric 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 pelvic floor electric stimulator market will help companies and investors design strategic landscapes.
Urinary incontinence was the largest segment with a revenue share of 85.47% in 2023. Horizon Databook has segmented the Canada 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.
The market for pelvic floor electric stimulators in Canada is majorly held by global players that are focusing on new product launches, partnerships & collaborations, and other expansion initiatives to stay competitive.
For instance, in October 2021, Remington Medical Equipment, a medical supply company based in Ontario, partnered with Verity Medical to sell an impressive collection of professional devices such as Transcutaneous Electrical Nerve Stimulation (TENS), EMG Units, and Neuromuscular Electrical Stimulation Device (NMES) to chiropractors.
Furthermore, the rising geriatric population, increasing government funding, and growing healthcare expenditure are among the factors anticipated to boost the market in this country. As per Canadian Institute for Health Information (CIHI), total health expenditure in Canada was estimated to be more than USD 308 billion in 2021, representing 12.7% of Canada’s GDP.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada pelvic floor electric stimulator market , including forecasts for subscribers. This country databook contains high-level insights into Canada pelvic floor electric stimulator market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada pelvic floor electric stimulator market size, by application, 2018-2030 (US$M)
Canada Pelvic Floor Electric Stimulator Market Outlook Share, 2023 & 2030 (US$M)
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