Vancouver, BC -- (SBWIRE) -- 04/22/2021 -- 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.

The latest market report offers an in-depth analysis of quantitative and qualitative factors affecting the industry growth. Such elements of the report, along with the growth forecast over the foreseeable future, enable the reader to obtain meaningful insights into the global market.

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Further Key Findings in the Report:

In January 2018, Omron Healthcare introduced its first-ever TENS (Transcutaneous Electrical Nerve Stimulation) unit, named Avail. This wireless unit manages acute and chronic pain syndrome and can be operated through Omron's mobile application.
Transcutaneous Electrical Nerve Stimulation (TENS) segment accounted for significantly high revenue share contribution to the global electrotherapy market in 2020. The segment is also expected to register a robust CAGR during forecast period. Transcutaneous electrical nerve stimulation systems are used to treat chronic and nerve pain.
The market in Europe accounted for a robust double-digit revenue share contribution to the global market in 2020. Key factors such as technological advancements and rising adoption of electrotherapy treatment for pain management are driving revenue growth of the market in this region.
Key players operating in the market are 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.

Electrotherapy Market Segmentation:

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

End-Use Outlook (Revenue: USD Billion; 2020–2028)
Rehabilitation Centers
Long-term Care Centers
Clinics
Hospitals
Others

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Additional information offered by the report:

A complete overview of the global Electrotherapy market.
Detailed examination of the various market dynamics, including drivers, opportunities, challenges, threats, constraints, and development prospects prevailing in the global market.
Diverse market trends observed on regional and global levels. The report also elaborates on the market size and shares governed by the major geographies, combined with a precise growth forecast analysis, cost analysis, micro- and macro-economic indicators, and regulatory framework.
A vivid analysis of the company profiles of the key market contenders operating in the global Electrotherapy market.
Extensive research & development assessment, and a detailed study of the growing demand for new products and the increasing application of the existing and new products.

Table of Content

Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope 
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Global Electrotherapy Market Segmentation & Impact Analysis
    4.1. Global Electrotherapy Market Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Increasing aging population
                    4.2.2.2. Growing concern regarding adverse effect of pain killers
          4.2.3. Market restraints analysis
                    4.2.3.1. Availability of alternative therapies.
                    4.2.3.2. Lack of awareness about application of electrotherapy systems.
    4.3. Technological Insights
    4.4. Regulatory Framework
    4.5. Porter's Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

Chapter 5. Global Electrotherapy Market Treatment Type Insights & Trends, Revenue (USD Million) 
    5.1. Treatment Type Dynamics & Market Share, 2019 & 2027
          5.1.1. Transcutaneous Spinal Electro analgesia (TSE)
          5.1.2. Interferential Current Therapy (IC)
          5.1.3. Pulsed Short Wave Diathermy (PSWD)
          5.1.4. Transcutaneous Electrical Nerve Stimulation (TENS)
          5.1.5. Spinal Cord Stimulation (SCS)
          5.1.6. Electro-Acupuncture (EA)
          5.1.7. Percutaneous Electrical Nerve Stimulation (PENS)
          5.1.8. Others

CONTINUED..!!

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