Functional Electrical Stimulation Device FES Market Report 2024 (Global Edition)

Global Functional Electrical Stimulation Device FES Market Report 2024 Market Size Split by Product type Outlook: (Wired, Wireless), by End user Outlook: (Hospitals, Ambulatory Surgical Centers, Clini...

Functional Electrical Stimulation Device FES Market Report Description

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Functional Electrical Stimulation Device FES Market Insights Video

Competitive Landscape of the Functional Electrical Stimulation Device FES Market

The Functional Electrical Stimulation (FES) Device Market is highly competitive, with a mix of established medical device companies and specialized players driving innovation. Key market players include large corporations such as Medtronic, Bioness, and Ottobock, which have a significant global presence and offer a broad portfolio of advanced rehabilitation devices.

In October 2020, g.tec medical engineering GmbH received FDA approval for g.Estim FES, neuromuscular electronic stimulator indicated for use under medical supervision for adjunctive therapy in the treatment of medical diseases and conditions. (Source: https://www.accessdata.fda.gov/cdrh_docs/pdf20/K200088.pdf) In March 2020, Bioness Inc. received FDA approval for L100 Go System intended to provide ankle dorsiflexion in adults with foot drop or muscle weakness related to upper motor neuron disease/injury (e.g., stroke, damage to pathways to the spinal cord). (Source: https://www.accessdata.fda.gov/cdrh_docs/pdf20/K200262.pdf)

Top Companies Market Share in Functional Electrical Stimulation Device FES Industry: (In no particular order of Rank)

• Bioness INC
• Otto Bock
• Odstock Medical Limited
• Trulife
• XFT
• MotoMed
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Regional Analysis of the Functional Electrical Stimulation Device FES Market

Which Region Dominates the Functional Electrical Stimulation Device FES Market in 2024?

According to Cognitive Market Research, North America dominates the Functional Electrical Stimulation (FES) device market due to several key factors. The region boasts advanced healthcare infrastructure and a high level of technological adoption, driving the demand for FES devices in rehabilitation and therapy.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific region is the fastest-growing market for Functional Electrical Stimulation (FES) devices due to several compelling factors. Rapid population growth and increasing incidences of neurological disorders and age-related conditions are driving demand for effective rehabilitation solutions. The region is witnessing significant advancements in healthcare infrastructure, improving access to innovative medical technologies

The current report Scope analyzes Functional Electrical Stimulation Device FES Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Functional Electrical Stimulation Device FES

According to Cognitive Market Research, the global Functional Electrical Stimulation Device FES market size was estimated at USD 625.2 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 250.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.7% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Functional Electrical Stimulation Device FES market with a market size of USD 197.31 million in 2024 and is projected to grow at a CAGR of 2.5% during the forecast period. The U.S. market's rising incidences of neurological disorders and advancements in rehabilitation technologies.
• The Canada Functional Electrical Stimulation Device FES market had a market share of USD 30.01 million in 2024 and is projected to grow at a CAGR of 3.5% during the forecast period. Canada’s rising incidences of neurological disorders and advancements in rehabilitation technologies.
• The Mexico Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 22.76 million in 2024.

Europe Functional Electrical Stimulation Device FES

According to Cognitive Market Research, the global Functional Electrical Stimulation Device FES market size was estimated at USD 625.2 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 187.56 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.0% from 2024 to 2031.

• The United Kingdom Functional Electrical Stimulation Device FES market had a market share of USD 31.51 million in 2024 and is projected to grow at a CAGR of 3.8% during the forecast period. In the UK, Functional Electrical Stimulation Device FES sales witness an upswing due to the growth in urban population, changing food consumption patterns, increased disposable income.
• The France Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 2.2% during the forecast period, with a market size of USD 17.26 million in 2024.
• According to Cognitive Market Research, the German Functional Electrical Stimulation Device FES market size was valued at USD 37.14 million in 2024 and is projected to grow at a CAGR of 3.2% during the forecast period. In Germany, Functional Electrical Stimulation Device FES surged due to the growth in urban population, changing food consumption patterns, increased disposable income.
• The Italy Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 2.4% during the forecast period, with a market size of USD 16.13 million in 2024.
• The Russia Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 2.0% during the forecast period, with a market size of USD 29.07 million in 2024.
• The Spain Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 2.1% during the forecast period with a market size of USD 15.38 million in 2024
• The Luxembourg Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 3.1% during the forecast period, with a market size of USD 5.81 million in 2024.
• The Portugal Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 2.8% during the forecast period, with a market size of USD 3.94 million in 2024.
• The Greece Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 2.25 million in 2024.
• The Rest of Europe's Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 1.7%during the forecast period, with a market size of USD 29.07 million in 2024.

Asia Pacific Functional Electrical Stimulation Device FES

According to Cognitive Market Research, the global Functional Electrical Stimulation Device FES market size was estimated at USD 625.2 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 143.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.5% from 2024 to 2031.

• According to Cognitive Market Research, the China Functional Electrical Stimulation Device FES market size was valued at USD 64.71 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period. Functional Electrical Stimulation Device FES surged in China due to growth in urban population, changing food consumption patterns, increased disposable income.
• The Japan Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 19.84 million in 2024.
• The India Functional Electrical Stimulation Device FES market had a market share of USD 17.26 million in 2024 and is projected to grow at a CAGR of 8.3% during the forecast period. India's growth in urban population, changing food consumption patterns, increased disposable income.
• The South Korean Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 14.38 million in 2024.
• The Australian Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 7.48 million in 2024.
• The South East Asia Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 9.92 million in 2024.
• The Rest of Asia Pacific Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 6.3% during the forecast period, with a market size of USD 10.21 million in 2024.

South America Functional Electrical Stimulation Device FES

According to Cognitive Market Research, the global Functional Electrical Stimulation Device FES market size was estimated at USD 625.2 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 31.26 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Functional Electrical Stimulation Device FES market size was valued at USD 13.38 million in 2024 and is projected to grow at a CAGR of 4.5% during the forecast period. Functional Electrical Stimulation Device FESs flourished in Brazil due to increasing focus on improving rehabilitation outcomes.
• Argentina's Functional Electrical Stimulation Device FES market had a market share of USD 5.25 million in 2024 and is projected to grow at a CAGR of 4.8% during the forecast period. Argentina's increasing focus on improving rehabilitation outcomes.
• Colombia Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 2.78 million in 2024.
• Peru Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 4.1% during the forecast period, with a market size of USD 2.56 million in 2024.
• Chile Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 2.25 million in 2024.
• The Rest of Latin America's Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 3.0% during the forecast period, with a market size of USD 5.03 million in 2024.

Middle East and Africa Functional Electrical Stimulation Device FES

According to Cognitive Market Research, the global Functional Electrical Stimulation Device FES market size was estimated at USD 625.2 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 12.50 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.2% from 2024 to 2031..

• The GCC Countries Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 5.0% during the forecast period, with a market size of USD 5.35 million in 2024. Functional Electrical Stimulation Device FES sales flourish due to the increasing incidence of neurological disorders and a rising emphasis on rehabilitation services.
• The Egypt Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 1.31 million in 2024.
• The South Africa Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 5.2% during the forecast period, with a market size of USD 1.98 million in 2024. Functional Electrical Stimulation Device FES sales flourished in South Africa due to increasing incidence of neurological disorders and a rising emphasis on rehabilitation services.
• The Turkey Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 3.7% during the forecast period, with a market size of USD 1.08 million in 2024.
• The Nigeria Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 3.3% during the forecast period, with a market size of USD 1.31 million in 2024.
• The Rest of the MEA Functional Electrical Stimulation Device FES market is projected to witness growth at a CAGR of 3.2% during the forecast period, with a market size of USD 1.48 million in 2024.

Functional Electrical Stimulation Device FES Market Analysis

How are Segments Performing in the Global Functional Electrical Stimulation Device FES Market?

Functional Electrical Stimulation Device FES Market Product type Segment Analysis

According to Cognitive Market Research, the wired category of Functional Electrical Stimulation (FES) devices currently dominates the market due to their established technology and reliability. These devices utilize direct connections to electrodes placed on the skin, offering precise control over muscle stimulation. The robustness of wired systems ensures a consistent power supply and minimal interference, which is critical for patients requiring reliable muscle activation, such as those recovering from stroke or spinal cord injuries.

The wireless Functional Electrical Stimulation (FES) devices represent the fastest-growing segment in the market, fueled by advancements in technology and increasing patient demand for convenience. The wireless nature of these devices allows for greater mobility and ease of use, enabling patients to engage in rehabilitation exercises without being tethered to stationary equipment.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Functional Electrical Stimulation Device FES Industry. Request a Free Sample PDF!

Functional Electrical Stimulation Device FES Market End user Segment Analysis

According to Cognitive Market Research, Hospitals represent the dominant end-user category for Functional Electrical Stimulation (FES) devices. This dominance is attributed to the comprehensive range of services hospitals offer, including advanced rehabilitation programs for patients with neurological and musculoskeletal disorders. Equipped with specialized staff and access to cutting-edge technology, hospitals are ideal environments for the effective application of FES devices.

Ambulatory Surgical Centers are the fastest-growing end-user category in the Functional Electrical Stimulation (FES) market. The rapid growth of ASCs can be attributed to the increasing shift towards outpatient care, where patients seek efficient and less invasive treatment options. These centers offer a more streamlined experience, often resulting in shorter wait times and reduced healthcare costs for patients.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Author's Detail

Anushka Gore

Research Associate at Cognitive Market Research

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Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.

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