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

03-21-2024 01:10 PM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

/ PR Agency: Allied Market Research (AMR)
Electrotherapy Market Worth $1.6 Billion by 2031: Growth at 5.3%

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.


๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž: 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.


๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐Ÿ๐จ๐ซ ๐’๐ญ๐š๐ค๐ž๐ก๐จ๐ฅ๐๐ž๐ซ๐ฌ:

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

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

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

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

โžค Mapping of major countries based on revenue contribution.

โžค Market player positioning for benchmarking and understanding market dynamics.

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


๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A15398


๐„๐ฅ๐ž๐œ๐ญ๐ซ๐จ๐ญ๐ก๐ž๐ซ๐š๐ฉ๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐๐ฒ 2031: ๐”๐’๐ƒ 1.6 ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง
๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐‘๐š๐ญ๐ž: ๐‚๐€๐†๐‘ ๐จ๐Ÿ 5.3%
๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐ฉ๐ž๐ซ๐ข๐จ๐: 2021 - 2031
๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐š๐ ๐ž๐ฌ: 280

๐๐ฒ ๐“๐ฒ๐ฉ๐ž:

โ—Transcutaneous electrical nerve stimulation

โ—Therapeutic ultrasound

โ—Others


๐๐ฒ ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง:

โ—Pain management

โ—Back pain

โ—Neck pain

โ—Anxiety and Insomnia Management

โ—Sports Medicine

โ—Others


๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

โ—Hospitals and clinics

โ—Rehabilitation Centers


๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

โ—Zynex Medical

โ—AliMed

โ—Medtronic, Inc.

โ—Abbott Laboratories

โ—Skin Inc.

โ—Omron Healthcare

โ—Colfax

โ—ems physio ltd

โ—HMS Medical system

โ—Palex Medical SA

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/A15398

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

David Correa

Portland, OR, United States

USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022,

UK: +44-845-528-1300

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India (Pune): +91-20-66346060

Fax: +1(855)550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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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