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Biofeedback Equipment Market to Witness Excellent Revenue Growth, Overview, Emerging Trends and Forecast by 2027

12-03-2021 01:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Future Market Insights

/ PR Agency: Future Market Insights
Biofeedback Equipment Market Overview
Biofeedback is a self-regulation technique that trains patients to voluntarily control certain bodily process that is involuntary to improve their mental, physical and spiritual health such as blood pressure, heart rate, skin temperature and muscle tension and is done by using specialized biofeedback equipment, which allows patients to look inside their bodies. More than 15 million people in America are suffering from urinary incontinence and according to the Agency for Health Care and Research has suggested biofeedback equipment for the treatment of urinary incontinence. A Japanese study, in 2015 found that biofeedback therapy helps in reducing the severity and frequencies of symptoms in people with migraine headaches. Biofeedback equipment is used to treat chronic pain, migraine headache, tension headache, high blood pressure and urinary incontinence.

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Food and Drug Association has classified biofeedback equipment as Class II medical devices for which special controls are necessary for assuring safety and effectiveness and where there are present methods for providing such promises. All biofeedback equipment manufacturers are strongly encouraged to go through the FDA regulatory process and thus avoid being subjected to legal hassles to ensure that the end users of this equipment are not affected. Biofeedback equipment can also be used for children to improvise their behavior as well as intelligence score in children with autism and attention deficit hyperactivity disorder (ADHD). Biofeedback equipment consists of electrodes which are attached to the skin or sensor are held in hands, they send information to the monitor that converts the measurement into a tone or visual meter or screen that shows variation in lines moving across a grid. With the help of biofeedback therapists, a patient can change their blood pressure and heart rate through different mental exercises and relaxation techniques.

Biofeedback: Equipment Market: Drivers and Restraints

Biofeedback training is growing increasingly popular as many people are looking for comparatively new methods to healthcare. Biofeedback equipment used in a variety of settings to improve athletic, corporate and academic performances as well to improve health and wellness and changing lifestyles as well as increasing geriatric population are the primary drivers for biofeedback equipment market. Additional to this, globally a large number of clinical trials held for the development of effective biofeedback therapies which have proven to be opportunistic for the growth of biofeedback equipment market growth in the upcoming future. From biofeedback equipment, women who are pregnant and breastfeeding are especially benefited and are expected to increase the revenue of biofeedback equipment market. However, factors like low government funding as well require highly trained professionals expected to hamper the growth of biofeedback equipment.

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Biofeedback: Equipment Market: Key Market Participants

Some of the major key participants of the biofeedback equipment market Include:
Stryker Corp.,
Baxter International Inc.,
Novartis AG,
Siemens,
Allergan Inc.,
Elektra,
Natus,
Johnson, and Johnso.
The report covers exhaust analysis on:

Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
The regional analysis includes:

North America (U.S., Canada)
Latin America (Mexico. Brazil)
Europe (Germany, Italy, France, U.K, Spain, Poland, Russia)
Asia-Pacific (China, India, ASEAN, Australia & New Zealand)
The Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It includes projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Biofeedback equipment market is segmented into product type, modality and end users.

By product type

Electromyography
Thermal feedback
Neurofeedback
Heart rate variability feedback
Electrodermal activity feedback
By modality

Portable devices
Standalone devices
By end users

Hospitals
Clinics
Rehabilitation centers
Homecare centers
Others

Report Highlights:

Detailed overview of parent market
Changing market dynamics in the industry
In-depth market segmentation
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape
Strategies of key players and products offered
Potential and niche segments, geographical regions exhibiting promising growth
A neutral perspective on market performance
Must-have information for market players to sustain and enhance their market footprint

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About FMI:

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

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