The global demand for Electromagnetic Therapy Devices Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028. Whereas with regards to volume, the market was calculated XX Kilo Units in 2021 and foreseen to touch XX Kilo Units by 2028 with a CAGR of XX% during 2022-2028.
Electromagnetic therapy devices use electromagnetic fields to heal non-union fractures and depression. It is an effective and non-invasive way to relieve pain. When cells or tissues become distressed from disease, trauma, or toxins, they lose their ability to function efficiently. The therapy uses electromagnetic waves that pulse on precise frequencies enabling cells to recover their ability to create energy, function, and reproduce. The pulses penetrate through layers of clothing and even body tissues to the place of application.
Market Dynamics
The growing geriatric population with the mounting burden of problems associated with joint pain, muscle pain, limited sleep, etc. is driving the demand for electromagnetic therapy devices. Growing preference for non-invasive treatment due to low cost and no side effects fuels the demand for electromagnetic therapy devices. Increasing investment by giant players for technological advancements and R & D activities and approaches towards the development of electromagnetic devices for home use are expected to create new opportunities in the global market. However, the lack of skilled professionals and low acceptance among several groups of people is projected hamper the growth of the global electromagnetic therapy devices market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of electromagnetic therapy devices.
Market Segmentation
The entire electromagnetic therapy devices market has been sub-categorized into product and application. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Product- High Frequency
- Low Frequency
By Application- Bone Growth
- Pain Relief
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for electromagnetic therapy devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Electromagnetic Therapy Devices Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the electromagnetic therapy devices market include Orthofix Medical Inc., Swiss Bionic Solutions USA, Inc., Curatronic Ltd., Dolphin Neurostim, BEMER AG, Oxford Medical Instruments Ltd., Medithera GmbH, EarthPulse, Orin Group. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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