Electrotherapy Market Worth $1.6 Billion by 2031: Growth at 5.3% CAGR

The global electrotherapy market has witnessed robust growth, with a valuation of $979.0 million in 2021 and a projected expansion to $1,636.4 million by 2031, boasting a significant CAGR of 5.3% from 2022 to 2031. These insights have been derived from a comprehensive analysis conducted by Allied Market Research, a leading authority in market research and consulting.


𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞: https://www.alliedmarketresearch.com/request-sample/A15398


Electrotherapy, the application of electrical currents to the body for therapeutic purposes, has emerged as a potent treatment modality utilized by physiotherapists worldwide. By delivering targeted and controlled electrical stimulation, electrotherapy offers effective relief for various conditions including chronic pain, arthritis, musculoskeletal injuries, muscular atrophy, sports injuries, nerve discomfort, and nerve pain. This non-invasive approach activates muscles and nerves through the skin's surface, providing relief and promoting healing.


Factors that drive growth of the electrotherapy market size include rise in number of electrotherapy industry that manufacture electrotherapy devices, in technological advancement in healthcare sector, and increase in number of medical device manufacturing company. For instance, some of the key industry players operating in the electrotherapy market include Abbott, AliMed, Colfax, EMS Physio Ltd, HMS Medical system, Medtronic, OMRON Healthcare, Palex Medical, Skin Inc., and Zynex Medical. Moreover, rise in prevalence of sport injuries, orthopedic disorders, and other pain-associated disorders drives the demand for treatment through electrotherapy, thereby driving the electrotherapy market trends. According to the Centers for Disease Control and Prevention, (d it was reported that, by 2040, an estimated 78 million (26%) US adults aged 18 years or older are projected to have doctor-diagnosed arthritis. Thus, such rise in prevalence of orthopedic disorders is likely to raise the need for electrotherapy, thereby driving the market growth. Moreover, rise in adoption of non-invasive procedure for treatment of chronic pain drives the growth of electrotherapy market. According to the Journal of devices, in, around 654⋅1 million individuals (40 years and older) were diagnosed with chronic pain in 2020, across the globe.


𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐟𝐨𝐫 𝐒𝐭𝐚𝐤𝐞𝐡𝐨𝐥𝐝𝐞𝐫𝐬:

➤ Quantitative analysis of market segments, trends, and dynamics from 2021 to 2031 to identify opportunities.

➤ Insights into key drivers, restraints, and opportunities shaping the market landscape.

➤ Porter's five forces analysis aiding stakeholders in making informed business decisions.

➤ In-depth analysis of market segmentation to determine prevailing opportunities.

➤ Mapping of major countries based on revenue contribution.

➤ Market player positioning for benchmarking and understanding market dynamics.

➤ Analysis of regional and global trends, key players, market segments, and growth strategies.


𝐄𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠: https://www.alliedmarketresearch.com/purchase-enquiry/A15398


𝐄𝐥𝐞𝐜𝐭𝐫𝐨𝐭𝐡𝐞𝐫𝐚𝐩𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐩𝐨𝐫𝐭 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

𝐌𝐚𝐫𝐤𝐞𝐭 𝐒𝐢𝐳𝐞 𝐁𝐲 2031: 𝐔𝐒𝐃 1.6 𝐛𝐢𝐥𝐥𝐢𝐨𝐧
𝐆𝐫𝐨𝐰𝐭𝐡 𝐑𝐚𝐭𝐞: 𝐂𝐀𝐆𝐑 𝐨𝐟 5.3%
𝐅𝐨𝐫𝐞𝐜𝐚𝐬𝐭 𝐩𝐞𝐫𝐢𝐨𝐝: 2021 - 2031
𝐑𝐞𝐩𝐨𝐫𝐭 𝐏𝐚𝐠𝐞𝐬: 280

𝐁𝐲 𝐓𝐲𝐩𝐞:

●Transcutaneous electrical nerve stimulation

●Therapeutic ultrasound

●Others


𝐁𝐲 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧:

●Pain management

●Back pain

●Neck pain

●Anxiety and Insomnia Management

●Sports Medicine

●Others


𝐁𝐲 𝐄𝐧𝐝 𝐔𝐬𝐞𝐫:

●Hospitals and clinics

●Rehabilitation Centers


𝐊𝐞𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

●Zynex Medical

●AliMed

●Medtronic, Inc.

●Abbott Laboratories

●Skin Inc.

●Omron Healthcare

●Colfax

●ems physio ltd

●HMS Medical system

●Palex Medical SA

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐅𝐨𝐫 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧: https://www.alliedmarketresearch.com/request-for-customization/A15398

𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬:

David Correa

Portland, OR, United States

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𝐀𝐛𝐨𝐮𝐭 𝐔𝐬:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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