Electrotherapy Market Forecasted Period 2019-2026: NeuroMetrix, Inc., DJO Global, Cyberonics, Inc, Nevro Corp, Boston Scientific Corporation

This Global Electrotherapy Market research document is one of the premium examples which is wide-ranging and gives market insights by considering a number of factors. All the data, information, statistics, facts and figures mentioned in this report are very significant to the businesses when it comes to defining the strategies about the production, marketing, sales, promotion, advertising and distribution of the products and services. To accomplish a comprehensive analysis of the market structure along with estimations of the various segments and sub-segments of the Medical Devices industry, businesses call for such a well-structured Electrotherapy Market research document.

Few of the major market competitors currently working in the global electrotherapy market are Medtronic, AliMed, Inc., Abbott., Cogentix Medical., Zynex Medical, NeuroMetrix, Inc., DJO Global, Cyberonics, Inc, Nevro Corp, Boston Scientific Corporation, Nevro Corp., STYMCO Technologies, Omron Healthcare, Inc., Walgreen Co., BTL, Chirag Electronics Pvt. Ltd, EMS Physio Ltd., CTC Physiotherapy RICHMAR, Johari Digital Healthcare LTD, Electronic Waveform Lab., and others.

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Global Electrotherapy Market By Treatment Type (Micro-Current Therapy, Transcutaneous Spinal Electro Analgesia (TSE), Interferential Current Therapy (IC), Pulsed Short Wave Diathermy (PSWD), Transcutaneous Electrical Nerve Stimulation (TENS), Spinal Cord Stimulation (SCS), Electro-Acupuncture (EA) , Percutaneous Electrical Nerve Stimulation (PENS), Others), Application (Urine and Fecal Incontinence, Neuromuscular Dysfunction , Sports Injury Treatment , Pain Management, Tissue Repair, Iontophoresis, Acute and Chronic Edema , Others), End user (Rehabilitation Centers, Long-Term Care Centres, Clinics, Hospitals, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Global electrotherapy market is set to witness a steady CAGR of 4.00% in the forecasted period of 2019-2026. This rise in the market can be attributed to the increasing usage of electrotherapy by physiotherapist and sports person and growing prevalence of chronic conditions developments in the industry.

Market Definition: Global Electrotherapy Market

Electrotherapy is a therapy which uses electric energy in the medical treatment. There are different use of electrotherapy such as pain management, cardiology, tissue repair, urine and fecal incontinence. Most athletic trainers and therapists use electrotherapy system in the management of athletic injuries. Transcutaneous spinal electro analgesia, pulsed short wave diathermy, spinal cord stimulation, micro- current therapy, percutaneous electrical nerve stimulation etc. are some of the common electrotherapy treatments.

Market Drivers

Technology advancement and innovation in electrotherapy will drive the market growth

Rising competitiveness and new product launches is also driving the market growth

Increasing cases of spinal injuries among population will propel the market growth

Growing prevalence of chronic conditions will also act as driver for this market

Market Restraints

Lack of awareness about the product in developing countries is acting as restraint for the market

Large availability of substitute product is also hampering the market growth

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Segmentation: Global Electrotherapy Market

By Type

• Micro-Current Therapy
• Transcutaneous Spinal Electro Analgesia (TSE)
• Interferential Current Therapy (IC)
• Pulsed Short Wave Diathermy (PSWD)
• Transcutaneous Electrical Nerve Stimulation (TENS)
• Spinal Cord Stimulation (SCS)
• Electro-Acupuncture (EA)
• Percutaneous Electrical Nerve Stimulation (PENS)
• Others

By Application

• Urine and Fecal Incontinence
• Neuromuscular Dysfunction
• Sports Injury Treatment
• Pain Management
• Tissue Repair
• Iontophoresis
• Acute and Chronic Edema
• Others

By End-User

• Rehabilitation Centers
• Long-Term Care Centres
• Clinics
• Hospitals
• Others

By Geography

North America
Europe
Asia-Pacific
South America
Middle East and Africa

Key Developments in the Market:

In March 2019, Innovative Neurological Devices announced that they have received approval from FDA for Cervella Cranial Electrotherapy Stimulator which is specially designed for the treatment of insomnia, depression and anxiety. It gives electrical current to the patient’s brain. The main aim of the launch is to provide patient device which help them to treat this situation easily and provide better outcome

In November 2016, EMS PHYSIO announced the launch of their new Electrophysiocal Forum which is special designed so that they can provide platform to the people where they can discuss about the usage of electro physical modalities in therapy. This platform will have different researchers, experts, educator and students

Competitive Analysis:

Global electrotherapy market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of electrotherapy market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Reasons to Purchase this Report

Current and future of global electrotherapy market outlook in the developed and emerging markets

The segment that is expected to dominate the market as well as the segment which holds the highest CAGR in the forecast period

Regions/Countries that are expected to witness the fastest growth rates during the forecast period

The latest developments, market shares, and strategies that are employed by the major market players

Customization of the Report:

All segmentation provided above in this report is represented at country level

All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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