Stimulation of muscles and nerves by the use of electrical stimulation, notably TENS and EMS, has long been part of pain management. But recent developments, such as implanted technologies and the small size/low cost systems, have created a pathway for increased usage and revenue growth. The growing approval of these applications by government regulators and insurance carriers have helped boost demand.
Since publisher's last look at this market six years ago, several implanted electrode therapeutic systems have recently emerged in the market and the potential of this market has clearly caught the eye of pharmaceutical and microelectronics companies, which are actively expanding their stake in electrode therapeutics through research, collaborations, and acquisitions. These actions will push more applications into the marketplace, and medical insurance will likely recognize a long-term savings for electronic treatment of chronic and debilitating conditions.
Electrical and Magnetic Neurostimulation: Applications, Technologies, and Market Potential, looks at the market for these devices and provides current market and forecast for the following segments:
External Electrical and Neurological Stimulation Devices, including:
Bone Growth Stimulators
TENS
EMS
Ultrasound-accelerated Fracture Healing
Other (ECT/TMS)
Implanted Electrical and Neurological Stimulation Devices, including:
Implantable Bone Growth
Cardiac Rhythm Management
Deep Brain (DBS)
Gastric Electrical (GES)
Sacral Nerve (SNS)
Spinal Cord (SCS)
Vagus Nerve (VNS)
As part of its comprehensive coverage of electrical and magnetic neurostimulation, the report looks at several trends that will have positive and negative effects on the marketplace. These include:
Neurostim and Obesity
Implantable Therapy for Resistant Hypertension
New Developments and Alternative Technologies
Transcranial Magnetic Stimulation (TMS)
Magnetic Stimulation and Depression Treatment
Magnetic Stimulation and Neurological Trauma Therapy
Magnetic Stimulation and Auditory Hallucinations
Magnetic Stimulation and the Effects on Cerebral Blood Flow
TMS Potential
TMS/rTMS Instrument Parameters
Neuroprosthetics
Functional Electrical Stimulation (FES)
Bidirectional Neuroprotheses
Retinal Implants
Neurostimulation for Depression
The Neuron-Silicon Interface
Physiology of EMS Applications
Endurance Training by Increased Oxygen Supply
Muscle Recovery via Increased Blood Flow
Muscle Diagnostics with Electromyography
Uncertainties in Electrostimulation Business Development Management
New Technology Challenges
As Kalorama Information's report details, this could be very god timing for these devices. Combined with new telemedicine strategies, implanted sensors, and drug delivery systems, electrical and magnetic neurostimulation can usher in a new wave of care for the chronically ill.
This Kalorama Information report is based primarily on interviews with technology suppliers, other market participants, and analysts in the industry and on comprehensive searches of current research, product literature, company reports, market data, and other sources.
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