Electrotherapy Market by Treatment Type (TSE, IC, PSWD, TENS, SCS, EA, PENS), Application (Sports Injury, Tissue Repair, Pain Management), By End User (Hospitals, Clinics, Rehabilitation Centres) - Global Forecast to 2022
The global electrotherapy market is expected to reach USD 1,076.1 Million by 2022 from USD 902.5 Million in 2017, growing at a CAGR of 4.0% from 2017 to 2022. Increasing incidences of diabetes; technological advancements in electrotherapy systems; increasing obesity; and rising number of sports injuries are some of the major driving factors driving the growth of the global electrotherapy market. However, lack of awareness about the usage of electrotherapy systems in developing countries; availability of large number of substitutes; and saturation in developed countries are hindering the growth of this market.
North America dominates the electrotherapy market with the US accounted major market share in 2016. Improved healthcare infrastructure; and presence of major players involved in electrotherapy manufacturing are some of the major factors driving the growth of electrotherapy market in the region. In addition, increasing usage of electrotherapy systems in the sports injury treatment is also playing pivotal role in growth of the North American market. The Asian electrotherapy market is projected to grow at the highest CAGR during the forecast period owing to increasing adoption of electrotherapy systems by athletes and growing geriatric population coupled with rising incidences of diabetes. The rising focus of prominent players on the Asian electrotherapy market is another factor driving its growth. Furthermore, emerging countries such as India and China provides immense growth opportunities to the electrotherapy manufacturers.
Prominent players in the electrotherapy market are Medtronic plc (US), AliMed, Inc. (US), St. Jude Medical Inc. (US), Cogentix Medical, Inc. (US), Zynex Medical (US), NeuroMetrix Inc. (US), DJO Global Inc. (US), Cyberonics Inc. (US), Nevro Corp. (US), and Boston Scientific Corporation (US).
Scope of the Electrotherapy Market Report
This research report covers the global electrotherapy market by treatment type; application; end users; and geography.
Global Electrotherapy Market, by Treatment Type
- Micro-current Therapy
- 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 (if any)
Global Electrotherapy Market, by Application
- Urine and Fecal Incontinence
- Neuromuscular Dysfunction
- Sports Injury Treatment
- Pain Management
- Tissue Repair
- Iontophoresis
- Acute and Chronic Edema
- Others (if any)
Global Electrotherapy Market, by End User
- Rehabilitation Centers
- Long-term Care Centers
- Clinics
- Hospitals
- Others (if any)
Global Electrotherapy Market, by Geography
- North America
- US
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe (RoE)
- Asia
- China
- Japan
- India
- Rest of Asia (RoA)
- Rest of the World (RoW)
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Market Scope
2 Research Methodology
2.1 Description of the Report
2.2 Market Size Estimation
2.3 Market Crackdown and Data Triangulation
2.4 Market Share Estimation
2.4.1 Key Data Points Taken From Secondary Sources
2.4.2 Key Data Points Taken From Primary Sources
2.4.2.1 Key Industry Insights
2.4.3 Assumptions
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 Electrotherapy Market, By Treatment Type
5.3.2 Electrotherapy Market, By Application
5.3.3 Electrotherapy Market, By End User
5.3.4 Electrotherapy Market, By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.2 Restraints
5.4.3 Opportunities
5.4.4 Challenges
6 Electrotherapy Market, By Treatment Type
6.1 Introduction
6.2 Micro-Current Therapy
6.3 Transcutaneous Spinal Electro Analgesia (TSE)
6.4 Interferential Current Therapy (IC)
6.5 Pulsed Short Wave Diathermy (PSWD)
6.6 Transcutaneous Electrical Nerve Stimulation (TENS)
6.7 Spinal Cord Stimulation (SCS)
6.8 Electro-Acupuncture (EA)
6.9 Percutaneous Electrical Nerve Stimulation (PENS)
6.10 Others (If Any)
7 Electrotherapy Market, By Application
7.1 Introduction
7.2 Urine and Fecal Incontinence
7.3 Neuromuscular Dysfunction
7.4 Sports Injury Treatment
7.5 Pain Management
7.6 Tissue Repair
7.7 Iontophoresis
7.8 Acute and Chronic Edema
7.9 Others (If Any)
8 Electrotherapy Market, By End User
8.1 Introduction
8.2 Rehabilitation Centers
8.3 Long-Term Care Centres
8.4 Clinics
8.5 Hospitals
8.6 Others (If Any)
9 Electrotherapy Market, By Region
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.3 Europe
9.3.1 Germany
9.3.2 France
9.3.3 UK
9.3.4 Italy
9.3.5 Spain
9.3.6 Rest of Europe (RoE)
9.4 Asia
9.4.1 China
9.4.2 India
9.4.3 Japan
9.4.4 Rest of Asia (RoA)
9.5 Rest of the World (RoW)
10 Competitive Landscape
10.1 Introduction
10.1.1 Visionary Leaders
10.1.2 Innovators
10.1.3 Dynamic Differentiators
10.1.4 Emerging Companies
10.2 Competitive Benchmarking
10.2.1 Strength of Product Portfolio
10.2.2 Business Strategy Excellence
10.3 Market Share Analysis
11 Company Profiles
11.1 Introduction
11.2 Medtronic PLC (US)
11.3 Alimed, Inc. (US)
11.4 St. Jude Medical Inc. (US)
11.5 Cogentix Medical, Inc. (US)
11.6 Zynex Medical (US)
11.7 Neurometrix Inc. (US)
11.8 DJO Global Inc. (US)
11.9 Cyberonics Inc. (US)
11.10 Nevro Corp. (US)
11.11 Boston Scientific Corporation (US)
Growth opportunities and latent adjacency in Electrotherapy Market