Electrotherapy Market Business ideas and Strategies forecast by 2028
The electrotherapy market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 3.95% in the above-mentioned forecast period.
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Market Analysis and Insights:
Electrotherapy Market
Electrotherapy is defined as
a therapy which uses electric energy in the medical treatment. Electrotherapy
has numerous uses which include pain management, cardiology, tissue repair,
urine and fecal incontinence. Most athletic trainers and therapists use
electrotherapy system in the management of athletic injuries. Transcutaneous
spinal electro analgesia, pulsed short wave diathermy, spinal cord stimulation,
micro- current therapy, percutaneous electrical nerve stimulation among others
are some of the common electrotherapy treatments.
Electrotherapy
Market Scope and Market Size
On
the basis of technology, the electrotherapy market is segmented into
transcutaneous electrical nerve stimulation (TENS), neuromuscular electrical
stimulation (NMES), inferential current (IFC), percutaneous electrical nerve
stimulation (PENS), electronic muscle stimulator (EMS), spinal cord stimulation
(SCS), electro-acupuncture (EA) and others.
Based
on application, the
electrotherapy market is segmented into chronic wound healing, neuromuscular
dysfunction, pain management, tissue repair, musculoskeletal disorder, physical
therapy, iontophoresis and others.
Based
on therapy, the
electrotherapy market is segmented into extracorporeal shock wave therapy,
magnetic field therapy, ultrasound therapy, micro current therapy,
interferential current therapy and others.
The
electrotherapy market is also segmented on the basis of end-user into
hospitals, rehabilitation centres and clinics.
Electrotherapy Market Country
Level Analysis
The countries covered in the
electrotherapy market report are U.S., Canada and Mexico in North America,
Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain,
Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore,
Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific
(APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt,
Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and
Africa (MEA), Brazil, Argentina and Rest of South America as part of South
America.
Competitive Landscape
and Electrotherapy Market Share Analysis
The electrotherapy market competitive landscape provides
details by competitor. Details included are company overview, company
financials, revenue generated, market potential, investment in research and
development, new market initiatives, global presence, production sites and
facilities, production capacities, company strengths and weaknesses, product
launch, product width and breadth, application dominance. The above data points
provided are only related to the companies’ focus related to electrotherapy
market.
The major players covered in the electrotherapy market
report are
Medtronic, AliMed, Inc.,
Abbott, Laborie, Inc., Zynex Medical, NeuroMetrix, Inc., DJO Global,
Cyberonics, Inc., Nevro Corp, Boston Scientific Corporation, STYMCO
Technologies, Omron Healthcare, Inc., Walgreen Co., BTL, Chirag Electronics
Pvt. Ltd, EMS Physio Ltd., Johari Digital and Electronic Waveform Lab among
other domestic and global players. Market share data is available for Global,
North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and
South America separately.
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