About Muscle Pump Activator
Venous thromboembolism (VTE) occurs much too frequently in hospitalized patients, and this is one of the major reasons why patients are encouraged to get back on their feet as soon as possible. Inflatable leg wraps, which elevate the pressure on the legs, are a typical technique to avoid the condition. Chronic non-healing wounds are a cost, morbidity, and mortality burden in the Long-Term Care (LTC) sector, inflicting pain and suffering. The goal of this LTC Innovation trial was to see if a promising new neuromuscular stimulation device might improve residents' experiences and happiness, engage and empower nursing staff, and improve recovery and/or save expenses. This muscle pumpactivator is self-contained, portable, and battery-powered to improve lower-leg blood circulation. It is small, wireless, and worn at the knee (up to 60 percent of that achieved by walking).
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 5.7% |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that Sky Medical Technology Ltd. (United Kingdom) Players will contribute the maximum growth to Global Muscle Pump Activator market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sky Medical Technology Ltd. (United Kingdom) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Muscle Pump Activator market by Type (Electro-stimulation Device, Wearable Device and Others) and Region.
On the basis of geography, the market of Muscle Pump Activator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End Use, the sub-segment i.e. Hospitals will boost the Muscle Pump Activator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution, the sub-segment i.e. Hospital Dispensaries will boost the Muscle Pump Activator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End User, the sub-segment i.e. Pediatric will boost the Muscle Pump Activator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Geriatric Population
Market Growth Drivers:
Prevalence of Venous Thromboembolism (VTE) and Growing Health Care Awareness
Challenges:
Supply Limitations and Market Penetration Across New Regions
Restraints:
Lack of Skilled Professionals
Opportunities:
Increasing Healthcare Infrastructure Across Emerging Regions
Market Leaders and their expansionary development strategies
In April 2022 Sky Medical Technology Ltd (Sky), a UK-based medical device manufacturer and parent company of Firstkind Ltd, today announced the availability of its flagship product, the geko™ device, on the Government of India e-Marketplace (GeM) procurement portal, under the Product ID 8778588-83575686384, Gem Catalogue ID 5116877-12688567087
On 15th October, 2019 - Sky Medical Technology Ltd. Received FDA Clearance to its geko Muscle Pump Activator to Prevent Venous Thromboembolism VTE. Geko Device Is a Muscle Pump Activator That Stimulates the Common Peroneal Nerve, Causing the Lower Leg Muscle Pumps to Engage, Resulting in Approximately 60% Of the Blood Flow.
Key Target Audience
Muscle Pump Activator Manufactures, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.