The report assesses the historical data and current scenario to offer accurate estimations of the Electrotherapy Market in the coming years. Furthermore, the report provides a comprehensive analysis of the impact of the COVID-19 crisis on the market. It offers detailed insights into the impact of COVID-19 on the industry at a regional level and industry level. The report also covers the developments and government regulations related to COVID-19. The report further analyzes the current and future impact of COVID-19 on the global market and provides an insight into the post-COVID-19 situation.
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. For this therapy process, electrode pads are placed on the affected area, and the system delivers small or low-intensity electrical impulses to the skin through electrode pads.
Key participants 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.
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Research Methodology
Emergen Research follows a cohesive methodology to reduce the residual errors to a minimum level by refining the scope, validating through primary insights, and nurturing the in-house database on a regular basis. A dynamic model is formulated to capture the regular fluctuations in the market and thereby, being updated with any shifts in the market dynamics. The parameters and variables involved in the research vary depending on individual markets and most importantly, both demand and supply side information is included in the model to identify the market gap.
Key Objectives of the Global Electrotherapy Market Report:
- An all-inclusive analysis and forecast estimation of the market have been included in this report.
- The report offers valuable insights into the major drivers, limitations, opportunities, and challenges faced by the global Electrotherapy Market
- and its leading players.
- The report sheds light on the prominent market contenders, as well as their business strategies and long-term expansion plans.
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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
Regional Overview:
The global Electrotherapy Market market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Electrotherapy Market market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements
The report considers the following timeline for market estimation:
- Historical Years: 2017-2018
- Base Year: 2019
- Estimated Year: 2027
- Forecast Years: 2020-2027
Global Electrotherapy Market Report – Table of Contents:
- Chapter 1 includes the global Electrotherapy Market market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
- Chapter 2 broadly categorizes the Electrotherapy Market market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
- Chapter 3 elaborates on the competitive outlook of the Electrotherapy Market market, focusing on the major manufacturers and vendor landscape.
- Chapter 4 exhaustively studies the key manufacturers of the Electrotherapy Market industry, along with their anticipated sales and revenue shares.
- Chapters 5 includes market segmentation based on product type, application range, and market players.
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