The market research report contains significant details on the global Electrotherapy market value based on market dynamics and various growth factors. It scrutinizes several key aspects of the market, including the latest technological innovations in the industry, ongoing trends, and developmental opportunities. One of the most vital components of the report is the SWOT analysis, coupled with a detailed overview of the market’s competitive landscape.
The Global Electrotherapy Market report is dubbed as the first study encompassing the current situation of the Electrotherapy market that is gravely impacted by the COVID-19 outbreak. The global health emergency has drastically affected the global economy, causing significant repercussions on this particular business sphere.
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Competitive Landscape:
The research report offers key insights into the leading market players’ strengths and weaknesses, assessed using Porter’s Five Forces and SWOT analyses. The report includes Electrotherapy market segmentation based on product type, application spectrum, and key regions. The investigative study estimates the market size, market share, and revenue generation over the forecast timeframe. The key players profiled in the report 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.
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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Some Key Highlights from 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 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.
Regional Segmentation
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the report provides a qualitative and quantitative analysis of the Global Electrotherapy market including the global and regional analysis of the market. The study covers critical information and factual data about the Electrotherapy market industry, along with an in-depth statistical analysis of the market drivers, limitations, growth prospects, opportunities, and threats. On the basis of the current market scope, the report provides an extensive analysis of how the Electrotherapy market is expected to fare in the forecast timeline. The report utilizes advanced analytical tools to offer an estimation of the outlook of the global state of the Electrotherapy market industry.
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