Increase in Frequency of Product Innovations to Drive the Iontophoresis Units Market from 2020 to 2030
Iontophoresis is a technique in which electric current is used to transport a medicine, water or chemicals through skin. It is also sometimes called ‘an injection without a needle’ as it is a non-invasive method in which a charged substance of higher concentration is transdermaly administered into the body by applying a small electric charge to the iontophoretic chamber. The iontophoresis units consist of a tray filed with water or other chemicals and the treatment consists of placing either the hands or feet into it. Also, different medications are used in different therapeutic areas; for instance, dexamethasone is used to control inflammation, chlorine is used to treat scar tissue and tap water is used to treat hyperhidrosis. Iontophoresis units can be portable or bench top and the treatments can be done at home as well as in hospitals due to the ease of use.
Factors driving the Iontophoresis Units Market
The iontophoresis units market is primarily driven by the increasing incidences of prevalent diseases such as hyperhidrosis, rheumatoid arthritis and accidents leading to injuries such as muscle, cartilage, ligament damages. Iontophoresis units have made the administration of drugs easier and hassle-free as no needles are required. Moreover, iontophoresis units can be used by the geriatric population as well as they are easy to set up at home and avoid hospital visits. These units enable efficient and painless procedures, which is propelling the growth of the market.
Iontophoresis units have mild side effects due to tap water iontophoresis; however, these can be prevented by proper preparations. Mild shocks can be prevented if the patients keep their hands and feet in the water trays while the device is switched on. Moreover, open wounds such as cuts and abrasions should be covered with petroleum jelly to minimize discomfort. There are also chances that the skin of the patient may turn red along the water line.
Iontophoresis units have the potential to identify and treat diseases and have a strong outlook in the future with continued investment in many fields such as dentistry due to their needle-less administration. Attributing to their recognition as a medical therapy for the treatment of hyperhidrosis, health insurance companies may cover some costs of treatment involving iontophoresis units.
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Not every patient is suitable for treatment with iontophoresis units. If the person is fitted with implants or pace makers, they are not suitable for treatment as it may show adverse effects while using electric stimulations, which can risk the life of the patient.
Regional Market Outlook
Geographically, the iontophoresis units market has been segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa and Japan. The iontophoresis units market in North America is expected to dominate the global iontophoresis units market, followed by Europe. The North America market’s prominence can be attributed to the technological advancements and research and development in the region. Moreover, in regions such as North America and Europe, hospitals and surgical centers opt for technologically advanced methods to improve the treatment methodology, due to the strict regulations regarding patient care and safety. The market of iontophoresis units in Asia Pacific is expected to grow at a higher rate with awareness programs. With the rise in the R&D projects in Asian countries such as Japan and Australia, the availability of devices and instruments is expected to grow, which in turn will fuel growth of the iontophoresis units market. These countries are predicted to be the leaders in the upcoming years, owing to the anticipated changes in regulatory policies. In regions such as Asia Pacific and Latin America, the iontophoresis units market is expected to register strong revenue growth during the forecast period.
Some of the major players identified in Iontophoresis units market are R.A. FISCHER, Hidrex USA, Chattanooga, ORGANIX GmbH & Co. KG and others. The Companies are involved in collaboration agreements in order to exploit maximum potential. Also they are mainly focused to strengthen the core competencies of their product portfolio. Moreover Research and development is being carried out to increase the usage of Iontophoresis units in other therapeutic applications other than hyperhidrosis.
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Iontophoresis Units Market: Segmentation
Tentatively, the global iontophoresis units market has been segmented on the basis of product type, application, distribution channel and geography.
Based on product type, the global iontophoresis units market has been segmented as:
Based on application, the global iontophoresis units market has been segmented as:
Treatment of diseases such as hyperhidrosis, rheumatoid arthritis, reduction of inflammations and enthesopathic conditions
Based on distribution channel, the global iontophoresis units market has been segmented as:
Based on region, the global iontophoresis units market has been segmented as:
Asia Pacific Excluding Japan
Middle East & Africa
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