Electrotherapy Market 2020 by Future Trends, Type and Application, Sales Forecasts Report 2027

Market Size – USD 950 Million in 2020, Market Growth – at a CAGR of 3.9%, Market Trend –Advancements in medical technologies.

 

The global electrotherapy market is expected to reach a market size of USD 1.30 Billion by 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Rapid advancements of healthcare technologies, rising adoption of electrotherapy units for sports injuries, growing geriatric population, and increasing prevalence of chronic pain syndrome are some key factors fueling revenue growth of the global electrotherapy market. Electrotherapy is a painless and non-invasive treatment for pain management. Electrotherapy systems consists of a battery-powered unit attached by wires to electrode pads. 

The report discusses in detail the growth opportunities, challenges, market drivers and restraints, limitations, threats, and demands of the Electrotherapy Market . The study further assesses the regional market as well as the international market to garner an insight into the scope of the market. The report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Electrotherapy Market

Key players in the market include Medtronic Plc., AliMed, Inc., St. Jude Medical Inc., Cogentix Medical, Inc., Zynex Medical, NeuroMetrix Inc., DJO Global Inc., Cyberonics Inc., Nevro Corp., and Boston Scientific Corp.

To browse more about the report, visit @  https://www.emergenresearch.com/industry-report/electrotherapy-market

 Covid impact analysis:

the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry.

Research objectives:

  • The global Electrotherapy Market report studies the worldwide market consumption rate in terms of value and volume.
  • It identifies the various sub-segments of the market structure.
  • It proffers information regarding the leading global manufacturers in this industry, describing their market value & share, sales volume, competitive analysis, SWOT analysis, and development strategies adopted during the forecast timeline.
  • The report describes the key industry players, with respect to their individual growth trends, future prospects, and contribution to the global market, and explains the factors related to their market growth potential, drivers, opportunities, threats, and industry-specific challenges.
  • Furthermore, the report underpins the strategic developments occurring in the global Electrotherapy Market
  • , such as expansions, mergers & acquisitions, agreements, as well as new product launches.

For the purpose of this report, Emergen Research has segmented the global electrotherapy market based on treatment type, application, end-use, and region:

 

Treatment Type Outlook (Revenue: USD Billion; 2020–2028)

Transcutaneous Spinal Electro analgesia (TSE)

Interferential Current Therapy (IC)

Pulsed Short Wave Diathermy (PSWD)

Transcutaneous Electrical Nerve Stimulation (TENS)

Spinal Cord Stimulation (SCS)

Electro-Acupuncture (EA)

Percutaneous Electrical Nerve Stimulation (PENS)

Others

Application Outlook (Revenue: USD Billion; 2020–2028)

Sports Injury

Neuromuscular Dysfunction

Tissue Repair

Urine and Fecal Incontinence

Iontophoresis

Pain Management

Acute and Chronic Edema

The report, additionally, presents a comprehensive analysis of the key elements of the Electrotherapy Market

 Market that influence its growth over the projected timeline. These vital elements include the key drivers, constraints, opportunities, limitations, threats, and micro and macro-economic factors. The authors of the report have implemented a set of analytical tools, such as SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis

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