Electrotherapy Market Provide Country Level Analysis of the Market with Respect to the Current Market Size and Future Prospective.
Pune, India -- (SBWIRE) -- 02/19/2018 -- The Global Electrotherapy Market was around US$ 839.0 million in 2016 and is expected to reach US$ 1,119.1 million which is projected to grow at a CAGR of 4.2% by 2023.
The global electrotherapy market has been evaluated as steadily growing market and it is expected that the market will continue to grow similarly in the near future. Increasing demand for advanced therapies, growing use of electrotherapy in pain management are some of the major factors driving the growth of the market. Moreover, increasing adoption of electrotherapy in sports and fitness industry is another factor boosted the growth of global electrotherapy market.
Key Players for Global Electrotherapy Market:
Some of the key players in this market are: BTL (Czech Republic), Eme srl (Italy), EMS Physio Ltd. (UK), Enraf-Nonius B.V.(Netherlands), gbo Medizintechnik AG (Germany), MEDTRONIC (Republic of Ireland), Omron Healthcare, Inc.(US), Phoenix Healthcare (UK), Pure Care (US), STYMCO Technologies, LLC (US), Walgreen Co. (US), and others.
The report for Global Electrotherapy Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
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Global Electrotherapy Market has been segmented on the basis of type which comprise Extracorporeal Shock Wave Therapy, Interferential, Magnetic Field Therapy (Constant Energy Magnets, Pulsed Electro-Magnetic Field Energy), Ultrasound Therapy, Transcutaneous Electrical Nerve Stimulation (TENS) Therapy (Conventional TENS, Acupuncture-like TENS (AL-TENS), Intense TENS), and others.
On the basis of devices, it segmented into Transcutaneous Electrical Neural Stimulator (TENS), Electronic Muscle Stimulator (EMS), Interferential Stimulator (IF), High Voltage Pulsed Galvanic Stimulator (HVPGS), Microcurrent Stimulator (MC) or Microcurrent Electrical Neuromuscular Stimulator (MENS), and others.
On the basis of application, it segmented into orthopedics, cardiology, urology, pain management (chronic pain, chronic fatigue, Migraine headaches, Wound healing, Diabetic nerve pain, Stimulating bone growth), acute and chronic edema, and others.
Regional Analysis of Global Electrotherapy Market:
Considering the global scenario of the market, North America is largest market for electrotherapy, in North America region US hold largest market share while European market is second largest, and the growth rate is higher in west European countries. On the other hand, Asia-Pacific (APAC) is fastest growing market and expected to dominate the market by 2023. Middle East and Africa (ME&A) is likely to have a limited growth in the market due to less awareness of devices and treatment.
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