Press release
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.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐: 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 654โ 1 million individuals (40 years and older) were diagnosed with chronic pain in 2020, across the globe.
๐๐๐ฒ ๐๐๐ง๐๐๐ข๐ญ๐ฌ ๐๐จ๐ซ ๐๐ญ๐๐ค๐๐ก๐จ๐ฅ๐๐๐ซ๐ฌ:
โค Quantitative analysis of market segments, trends, and dynamics from 2021 to 2031 to identify opportunities.
โค Insights into key drivers, restraints, and opportunities shaping the market landscape.
โค Porter's five forces analysis aiding stakeholders in making informed business decisions.
โค In-depth analysis of market segmentation to determine prevailing opportunities.
โค Mapping of major countries based on revenue contribution.
โค Market player positioning for benchmarking and understanding market dynamics.
โค Analysis of regional and global trends, key players, market segments, and growth strategies.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A15398
๐๐ฅ๐๐๐ญ๐ซ๐จ๐ญ๐ก๐๐ซ๐๐ฉ๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐ ๐๐ฒ 2031: ๐๐๐ 1.6 ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐๐ญ๐: ๐๐๐๐ ๐จ๐ 5.3%
๐ ๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐: 2021 - 2031
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ ๐๐ฌ: 280
๐๐ฒ ๐๐ฒ๐ฉ๐:
โTranscutaneous electrical nerve stimulation
โTherapeutic ultrasound
โOthers
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง:
โPain management
โBack pain
โNeck pain
โAnxiety and Insomnia Management
โSports Medicine
โOthers
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ:
โHospitals and clinics
โRehabilitation Centers
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
โZynex Medical
โAliMed
โMedtronic, Inc.
โAbbott Laboratories
โSkin Inc.
โOmron Healthcare
โColfax
โems physio ltd
โHMS Medical system
โPalex Medical SA
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/A15398
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022,
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Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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