The Electrotherapy Market size is expected to reach USD 1119.1 million with a 4.2% CAGR by the end of the forecast period says Market Research Future (MRFR). Electrotherapy Market is projected to grow rapidly owing to rising in the number of cases related to soft tissue injuries and muscles impairments which increasing the demand for electrotherapy devices. The electrotherapy market is expected to witness significant growth due to the increased inclination of customers towards drug-free methods of treatment. Furthermore, the awareness of the benefits of electrotherapy is anticipated to provide more avenues for growth in the upcoming forecast period.
The rise in the acceptance of physiotherapy for treating various ailments has also bolstered the demand for electrotherapy globally. Market reports linked to the medical device industry have been made available by Market Research Future which creates reports on other industry verticals that outlines the current market scenarios.
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Competitive Analysis
The noteworthy competitors in the electrotherapy market are
- Eme srl (Italy)
- BTL (Czech Republic)
- EMS Physio Ltd. (UK)
- Medtronic (Republic of Ireland)
- Enraf-Nonius B.V.(Netherlands)
- Pure Care (US)
- gbo Medizintechnik AG (Germany)
- Phoenix Healthcare (UK)
- Omron Healthcare Inc. (US)
- Walgreen Co. (US)
- STYMCO Technologies
- LLC (US) and others
Segmental Analysis
The electrotherapy market has been segmented on the basis of
- Type
- Devices
- Application
- Region
On the basis of type, the market is segmented into
- Interferential
- Extracorporeal Shock Wave Therapy
- Magnetic Field Therapy (Pulsed Electro-Magnetic Field Energy, Constant Energy Magnets) Transcutaneous Electrical Nerve Stimulation (TENS) Therapy (Intense TENS, Conventional TENS, Acupuncture-like TENS (AL-TENS))
- Ultrasound Therapy
The segmentation on the basis of devices comprises of
- Electronic Muscle Stimulator (EMS)
- High Voltage Pulsed Galvanic Stimulator (HVPGS)
- Transcutaneous Electrical Neural Stimulator (TENS)
- Interferential Stimulator (IF)
- Microcurrent Stimulator (MC)
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The segmentation of the electrotherapy market on application basis comprises of
- orthopedics
- cardiology
- urology
- pain management (chronic fatigue, chronic pain, migraine headaches, diabetic nerve pain, wound healing, stimulating bone growth)
- Chronic and Acute Edema among others.
Detailed Regional Analysis
The regions covered in the market are
- Europe
- North America,
- Asia Pacific
- Africa and the Middle East.
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