Press release
Electrotherapy Market Expected to Reach $1.6 Billion by 2031 | CAGR of 5.3%
Electrotherapy Market
๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Zynex Medical, AliMed, ems physio ltd, Palex Medical SA, Omron Healthcare, Skin Inc., Medtronic, Inc., Abbott Laboratories, Colfax, HMS Medical system
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/15767
On the basis of type, the market is classified into transcutaneous electrical nerve stimulation, therapeutic ultrasound, and others. Others segment include electrical muscle stimulation, therapeutic ultrasound and interferential current (IC) therapy. The transcutaneous electrical nerve stimulation segment dominated the market in 2021, and is expected to continue this trend during the electrotherapy market forecast period, owing to rise in prevalence of osteoarthritis & diabetes, increase in number of product launch & approvals related to electrotherapy.
By application, the market is classified into pain management, anxiety & insomnia management, sports medicine, and others. Pain management segment is divided into back pain and neck pain. Others segment include veterinary pain management, aesthetics, and face lifting & toning. The pain management segment dominated the market in 2021, and is expected to continue this trend during the forecast period, owing to increase in prevalence of back & neck pain and technological advancement related to pain management in healthcare sector.
As per end user, the market is bifurcated into hospitals & clinics and rehabilitation centers. The hospitals & clinics segment dominated the market in 2021, and is expected to continue this trend during the forecast period, owing to rise in number of hospitals, increase in expenditure by government to develop healthcare infrastructure, and rise in number of chronic diseases.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/15767
The COVID-19 outbreak is anticipated to have a negative impact on the growth of the global electrotherapy market share as the pandemic has stressed healthcare systems across the globe. Huge number of clinics & hospitals across the globe were restructured to increase the hospital capacity for the COVID-19 patients. Most of the non-emergency and minor procedures got canceled or postponed during pandemic. Moreover, COVID-19 pandemic caused disruption in consultation for diseases such as orthopedic disorders & diabetes, and for chronic pain. Thu, this factor restrained the demand for electrotherapy procedures as well as their devices. In addition, disruption in supply chain of medical devices due to lockdown rules hindered the market growth. Moreover, decline in the number of consultations of geriatric population, as geriatric population was more susceptible to COVID-19 infection attributed to restrain the growth of electrotherapy market.
๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐๐:
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