Global PEMF Therapy Device Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global PEMF Therapy Device Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

PEMF (Pulsed Electromagnetic Field) therapy devices apply waves of magnetic energy to the body. Electromagnetic waves affect the behavior of cells by exciting electrical transitions around and within them. PEMF therapy uses technology to stimulate and exercise cells to help resolve cellular dysfunction and support overall health. For example: relieve pain, reduce inflammation and swelling, enhance cell repair and recovery, improve the immune system, etc.

Market Overview:

The latest research study on the global PEMF Therapy Device market finds that the global PEMF Therapy Device market reached a value of USD 595.75 million in 2022. It’s expected that the market will achieve USD 781.94 million by 2028, exhibiting a CAGR of 4.64% during the forecast period.

The aging of the population is intensifying, which will drive the demand for medical rehabilitation market to continue to be strong

As the global population ages, the incidence of various age-related diseases increases. For elderly groups who need to stay in bed for a long time and are troubled by various chronic diseases, cardiovascular and cerebrovascular diseases, and bone lesions, etc., rehabilitation can improve the daily life ability of the elderly by providing targeted physical therapy. Therefore, the demand for rehabilitation has increased, medical institutions at all levels have continuously attached importance to the construction of rehabilitation departments, and patients' awareness of rehabilitation has been continually strengthened. At the same time, the expansion of medical insurance payment scope and the reduction of patients' burden will also promote the rehabilitation of medical devices such as PEMF Therapy Devices. The rapid development of the industry.

Region Overview:

Asia Pacific had the highest growth rate of all regions.

Company Overview:

Orthofix Holdings, Inc. operates as a holding company. The company, through its subsidiaries, develops, manufactures and distributes orthopedic and spine products. Provides reconstructive and regenerative solutions aimed at restoring quality of life to patients suffering from various spine and bone-related diseases. Our innovative solutions uniquely combine different treatment modalities (mechanical, biological and electromagnetic) to achieve desired clinical results. Our goal is to help patients maintain their range of motion or achieve successful spinal fusion. Orthofix Holdings serves clients worldwide.

Segmentation Overview:

Among different product types, Low-Level Power segment is anticipated to contribute the largest market share in 2027.

Application Overview:

By application, the Offline Sales segment occupied the biggest share from 2017 to 2022.

Key Companies in the global PEMF Therapy Device market covered in Chapter 3:

Swiss Bionic Solutions
SOTA
Medithera
BEMER Group
Itech Medical Division
Orthofix Holdings
Earth Pulse
Curatronic
BioBalance
ORIN
HealthyLine
OMI
Santerra

In Chapter 4 and Chapter 14.2, on the basis of types, the PEMF Therapy Device market from 2018 to 2029 is primarily split into:

High Frequency
Low Frequency

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the PEMF Therapy Device market from 2018 to 2029 covers:

Online Sales
Offline Sales

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)