Global Transcutaneous Electrical Nerve Stimulation Market Size & Outlook
Global transcutaneous electrical nerve stimulation market, 2018-2030 (US$M)
Related Markets
Global transcutaneous electrical nerve stimulation market highlights
- The global transcutaneous electrical nerve stimulation market generated a revenue of USD 321.1 million in 2023 and is expected to reach USD 419.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.9% by 2030.
- In terms of segment, portable accounted for a revenue of USD 231.0 million in 2023.
- Portable is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 321.1 million |
| Market revenue in 2030 | USD 419.5 million |
| Growth rate | 3.9% (CAGR from 2023 to 2030) |
| Largest segment | Portable |
| Fastest growing segment | Portable |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Portable, Table Top |
Other key industry trends
- In terms of revenue, the North America accounted for 43.4% of the global transcutaneous electrical nerve stimulation market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 27.0 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Transcutaneous Electrical Nerve Stimulation Market Scope
Transcutaneous Electrical Nerve Stimulation Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global transcutaneous electrical nerve stimulation 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 transcutaneous electrical nerve stimulation market will help companies and investors design strategic landscapes.
Portable was the largest segment with a revenue share of 71.94% in 2023. Horizon Databook has segmented the Global transcutaneous electrical nerve stimulation market based on portable, table top covering the revenue growth of each sub-segment from 2018 to 2030.
According to estimates, 10-20% of the population experiences chronic or recurrent pain. The main cause of human suffering and impairment is chronic pain. In contrast to biological factors like physical examination findings or changes on X-rays, what is referred to as psychosocial variables, such as mood, stress, and the social context in which the pain occurs, are the factors that predict the development of chronic pain after an acute episode of pain.
Chronic pain increases chronic disease, lowers productivity, costs money, significantly lowers quality of life, and increases the risk of psychiatric disorders like depression, anxiety, and substance misuse. Additionally, there is a significantly higher possibility of suicide and suicidal thoughts in patients with chronic pain.
Reasons to subscribe to Global transcutaneous electrical nerve stimulation market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global transcutaneous electrical nerve stimulation market databook
-
Our clientele includes a mix of transcutaneous electrical nerve stimulation market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global transcutaneous electrical nerve stimulation market , including forecasts for subscribers. This global databook contains high-level insights into Global transcutaneous electrical nerve stimulation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global transcutaneous electrical nerve stimulation market size, by regions, 2018-2030 (US$M)
Top 10 countries: Transcutaneous electrical nerve stimulation market size, 2023 (US$M)
Global transcutaneous electrical nerve stimulation market share, by product, 2023 & 2030 (%, US$M)
Transcutaneous electrical nerve stimulation market: Opportunity assessment by country
Global transcutaneous electrical nerve stimulation market, by region, 2023 (US$M)
Related industry reports
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
