MARKET OVERVIEW
An electrotherapy system is a device that utilizes electrical energy to stimulate the muscles, nerves, and/or brain in order to treat various conditions. These conditions can include pain, muscle weakness, and spasms. The end-users of electrotherapy systems include hospitals, clinics, physical therapy centers, and individuals who use the devices in their homes. The market for electrotherapy systems is driven by the increasing prevalence of chronic pain and musculoskeletal disorders, as well as the growing aging population.
MARKET DYNAMICS
The rise in the number of spinal injuries and arthritis cases are expected to be the factors driving the electrotherapy systems market in the coming years. Prevalence of cases such as, obesity and diabetes are expected to be the driving factors for the electrotherapy systems market during the forecast period.
MARKET SCOPE
The "Global Electrotherapy System Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a focus on the global market trend. The report aims to provide an overview of global electrotherapy system market with detailed market segmentation by product, application, end user, and geography. The global electrotherapy system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electrotherapy system market is segmented on the basis of product, application, and end user. Based on product, the market is segmented as, percutaneous electrical nerve stimulation (PENS), spinal cord stimulation (SCS), transcutaneous electrical nerve stimulation (TENS), micro-current therapy, interferential current therapy (IC), electro-acupuncture (EA), pulsed short wave diathermy (PSWD), transcutaneous spinal electroanalgesia (TSE), and other products. Based on application, the electrotherapy system market is segmented as, neuromuscular dysfunction, pain management, acute and chronic edema, sports injury treatment, tissue repair, iontophoresis, urine and fecal incontinence, and other applications. Based on end users, the electrotherapy system market is segmented as, hospitals, clinics, long term care centers, rehabilitation centers, and other end users.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electrotherapy system market based on product, application, and end user. It also provides market size and forecast till 2028 for overall electrotherapy system market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electrotherapy system market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 13 countries globally along with current trend and opportunities prevailing in the region.
North America is expected to contribute to the largest share in the electrotherapy system market in the coming years, owing to increased use of electrotherapy system in the treatment of sports injury. Asia Pacific is expected to witness significant growth rate during the forecast period due to increase in the incidences of chronic health conditions in Asian countries such as, India, China, and Japan.
The report analyzes factors affecting electrotherapy system market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors effecting the market in these regions.
MARKET PLAYERS
The report also includes the profiles of key electrotherapy system manufacturing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years. Some of the key players operating in the electrotherapy system market are BTL, DJO, LLC., Omron Healthcare, Inc., Abbott, Boston Scientific Corporation, Medtronic, Nevro Corp., Phoenix Healthcare, Eme srl, and Pure Care, among others.