Global Electrotherapy Market 2022-2028

Global Electrotherapy Market 2022-2028

Electrotherapy includes a range of treatments using electricity to reduce pain, improve circulation, repair tissues, strengthen muscles, and promote bone growth, leading to improvements in physical functioning. It is typically used in conjunction with other treatments, rather than by itself. According to Gen Consulting Company, the global electrotherapy market size is expected to increase from USD 966 million in 2021 to USD 1,280 million by 2028, garnering a CAGR of 4.1% over the evaluated period.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global electrotherapy market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the electrotherapy industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the device, treatment type, application, end user, and region. The global market for electrotherapy can be segmented by device: electronic muscle stimulator (EMS), high voltage pulsed galvanic stimulator (HVPGS), interferential stimulator (IF), microcurrent stimulator (MC) or microcurrent electrical neuromuscular stimulator (MENS), transcutaneous electrical nerve stimulator (TENS), others. According to the research, the TENS segment had the largest share in the global electrotherapy market. Electrotherapy market is further segmented by treatment type: extracorporeal shock wave therapy (ESWT), interferential current therapy (IC), magnetic field therapy, microcurrent therapy (MCT), percutaneous electrical nerve stimulation (PENS), pulsed shortwave diathermy (PSWD), spinal cord stimulation (SCS), transcutaneous electrical nerve stimulation (TENS) therapy, transcutaneous spinal electroanalgesia (TSE), ultrasound therapy, others. In 2021, the TENS therapy segment made up the largest share of revenue generated by the electrotherapy market. Based on application, the electrotherapy market is segmented into: acute and chronic edema, cardiology, iontophoresis, neuromuscular dysfunction, orthopedics, pain management, tissue repair, urinary and fecal incontinence, others. On the basis of end user, the electrotherapy market also can be divided into: hospitals & clinics, long-term care facilities, rehabilitation centers, others. Electrotherapy market by region is categorized into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By device:

• electronic muscle stimulator (EMS)
• high voltage pulsed galvanic stimulator (HVPGS)
• interferential stimulator (IF)
• microcurrent stimulator (MC) or microcurrent electrical neuromuscular stimulator (MENS)
• transcutaneous electrical nerve stimulator (TENS)
• others

By treatment type:

• extracorporeal shock wave therapy (ESWT)
• interferential current therapy (IC)
• magnetic field therapy
• microcurrent therapy (MCT)
• percutaneous electrical nerve stimulation (PENS)
• pulsed shortwave diathermy (PSWD)
• spinal cord stimulation (SCS)
• transcutaneous electrical nerve stimulation (TENS) therapy
• transcutaneous spinal electroanalgesia (TSE)
• ultrasound therapy
• others

By application:

• acute and chronic edema
• cardiology
• iontophoresis
• neuromuscular dysfunction
• orthopedics
• pain management
• tissue repair
• urinary and fecal incontinence
• others

By end user:

• hospitals & clinics
• long-term care facilities
• rehabilitation centers
• others

By region:

• North America
• Asia Pacific
• Europe
• Rest of the World (ROW)

The report also provides analysis of the key companies of the industry and their detailed company profiles including Alimed, Inc., Boston Scientific Corporation, Cogentix Medical, Inc., DJO Global Inc., Livanova Plc, Medtronic plc, Nervo Corp, Neuromextrix Inc., St. Jude Medical Inc., Zynex Inc., among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global electrotherapy market.
• To classify and forecast the global electrotherapy market based on device, treatment type, application, end user, region.
• To identify drivers and challenges for the global electrotherapy market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global electrotherapy market.
• To identify and analyze the profile of leading players operating in the global electrotherapy market.

Why Choose This Report

• Gain a reliable outlook of the global electrotherapy market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.