Press release
Back and Neck Massager Market Size by 2028 | Industry Segmentation by Type, Application, Regions, Key News and Top Companies Profiles
Back and Neck Massager Market
The report further offers a complete value chain analysis along with an analysis of the downstream buyers and upstream raw materials. The study focuses on global trends, regulatory frameworks, and macro- and micro-economic factors. The report also provides an extensive analysis of the segment and sub-segmented expected to dominate the market over the projected period. The report offers a forecast estimation of the market with regards to the analysis of the market segmentation, including product type, end-user industries, application spectrum, and other segments.
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Some Key Highlights from the Report
Based on type, the vibrating massager segment is forecast to register a CAGR of 7.7% during the forecast period. The robust segmental growth can be attributed to the effectiveness of vibrating massager and their increasing visibility on e-commerce channels.
Based on patient type, the older people segment accounts for the largest revenue share of the global back and neck massager market. This can be attributed to expanding geriatric population base and major prevalence of back pain problems in aging population.
Based on application, the hospital segment is forecast to make major revenue contributions to the market revenue share during the forecast period. This can be attributed to increasing patient inclination towards professional massage therapist and a significant growth in number of hospitals offering therapeutic massage therapy for pain management.
North America accounted for 32.6% of the global back and neck massager market share in 2020 and is projected to register significant growth through 2028. The robust growth can be attributed to the early adoption of advanced technologies and high consumer spending on health and wellness products in the region.
Leading Companies of the Back and Neck Massager Industry and Profiled in the Report are:
Panasonic, HoMedics, Beurer, MedMassager, Fujiryoki, INADA, SKG, Breo Technology, Cozzia, and Human Touch among others.
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Analysis of the segments and their growth projection is carried out by extensive historical and current analysis of the market scenario. Further, the report offers details about the factors and features of the Back and Neck Massager market expected to boost the growth of the industry in the coming years.
Emergen Research has segmented the global back and neck massager market on the basis of type, patient, application, and region:
Type Outlook (Revenue, USD Billion; 2018-2028)
Manual Massagers
Vibrating Massagers
Impulse Massagers
Others
Patient Outlook (Revenue, USD Billion; 2018-2028)
Adult
Older People
Baby
Application Outlook (Revenue, USD Billion; 2018-2028)
Household
Hospital
Others
Regional Analysis:
The report sheds light on the region expected to dominate the Back and Neck Massager market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Back and Neck Massager market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter's Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.
Key Questions Answered in the Report:
What is the growth rate of the Back and Neck Massager market? What is the anticipated market valuation of Back and Neck Massager industry by 2028?
What are the key growth driving and restraining factors of the Back and Neck Massager market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Back and Neck Massager industry over the forecast period?
Which region is expected to show significant growth in the coming years?
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