Electrotherapy Market Overview Highlighting Major Drivers, Trends, Growth and Demand Report 2020- 2027

The global electrotherapy market is expected to reach a market size of USD 1.30 Billion by 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Rapid advancements of healthcare technologies, rising adoption of electrotherapy units for sports injuries, growing geriatric population, and increasing prevalence of chronic pain syndrome are some key factors fueling revenue growth of the global electrotherapy market. Electrotherapy is a painless and non-invasive treatment for pain management. Electrotherapy systems consists of a battery-powered unit attached by wires to electrode pads. For this therapy process, electrode pads are placed on the affected area, and the system delivers small or low-intensity electrical impulses to the skin through electrode pads.

According to our market analysts, the global Electrotherapy market is expected to exhibit a robust growth rate throughout the forecast period. The promising market growth can be attributed to the significant rise in product demand across the regional markets. The latest study offers a granular analysis of the market’s major developmental parameters, along with its potential business avenues and market dynamics. The document is specially curated to offer a deep understanding of the competitive terrain of the global market. It further highlights the leading market rivals, their market positions, product portfolios, gross revenue shares, profit margins, pricing analysis, sales network & distribution channels, and financial standing.

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The prominent players of the global Electrotherapy market are expected to contribute significantly to the revenue generation owing to increasing demand for the Electrotherapy products in the industry.

Prominent Players Profiled in the Electrotherapy Market:

Medtronic Plc., AliMed, Inc., St. Jude Medical Inc., Cogentix Medical, Inc., Zynex Medical, NeuroMetrix Inc., DJO Global Inc., Cyberonics Inc., Nevro Corp., and Boston Scientific Corp.

Further Key Findings in the Report:

• In January 2018, Omron Healthcare introduced its first-ever TENS (Transcutaneous Electrical Nerve Stimulation) unit, named Avail. This wireless unit manages acute and chronic pain syndrome and can be operated through Omron's mobile application.
• Transcutaneous Electrical Nerve Stimulation (TENS) segment accounted for significantly high revenue share contribution to the global electrotherapy market in 2020. The segment is also expected to register a robust CAGR during forecast period. Transcutaneous electrical nerve stimulation systems are used to treat chronic and nerve pain.
• The market in Europe accounted for a robust double-digit revenue share contribution to the global market in 2020. Key factors such as technological advancements and rising adoption of electrotherapy treatment for pain management are driving revenue growth of the market in this region.

Electrotherapy Market Segmentation:

For the purpose of this report, Emergen Research has segmented the global electrotherapy market based on treatment type, application, end-use, and region:

• Treatment Type Outlook (Revenue: USD Billion; 2020–2028)
o Transcutaneous Spinal Electro analgesia (TSE)
o Interferential Current Therapy (IC)
o Pulsed Short Wave Diathermy (PSWD)
o Transcutaneous Electrical Nerve Stimulation (TENS)
o Spinal Cord Stimulation (SCS)
o Electro-Acupuncture (EA)
o Percutaneous Electrical Nerve Stimulation (PENS)
o Others
• Application Outlook (Revenue: USD Billion; 2020–2028)
o Sports Injury
o Neuromuscular Dysfunction
o Tissue Repair
o Urine and Fecal Incontinence
o Iontophoresis
o Pain Management
o Acute and Chronic Edema
• End-Use Outlook (Revenue: USD Billion; 2020–2028)
o Rehabilitation Centers
o Long-term Care Centers
o Clinics
o Hospitals
o Others

Key Geographical Segments:
• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Reasons to Purchase this Report:

• The report performs qualitative and quantitative analyses of the Electrotherapy market based on both the economic and non-economic factors.
• It accurately indicates the regional segments expected to witness the fastest market growth rate.
• The report endows the reader with an in-depth understanding of the competitive landscape of the Electrotherapy market, with the market ranking of the major players and their new product launches, partnerships, and various other business expansion strategies.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Global Electrotherapy Market Segmentation & Impact Analysis
4.1. Global Electrotherapy Market Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing aging population
4.2.2.2. Growing concern regarding adverse effect of pain killers
4.2.3. Market restraints analysis
4.2.3.1. Availability of alternative therapies.
4.2.3.2. Lack of awareness about application of electrotherapy systems.
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

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