Electromagnetic Therapy Device Market

The global Electromagnetic Therapy Device market was valued at 30.87 Million USD in 2021 and will grow with a CAGR of 6.3% from 2021 to 2027, based on Research newly published report.

The prime objective of Electromagnetic Therapy Device Market is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, Electromagnetic Therapy Device Market covers market segmentation by major market vendors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Electromagnetic therapy is a pseudoscientific form of alternative medicine which claims to treat disease by applying electromagnetic radiation to the body.The global average price of Electromagnetic Therapy Device is in the decreasing trend, from 467 USD/Unit in 2012 to 461 USD/Unit in 2016. With the situation of global economy, prices will be in increasing trend in the following five years. The classification of Electromagnetic Therapy Device includes High Frequency and Low Frequency. The proportion of Low Frequency in 2016 is about 65%, and the proportion is in increasing trend from 2012 to 2016. Electromagnetic Therapy Device is widely used in Bone Growth, Pain Relief and other field. The most proportion of Electromagnetic Therapy Device is Bone Growth, and the proportion in 2016 is 51%. The trend of Hospitals is stable. North America is the largest supplier of Electromagnetic Therapy Device, with a production market share nearly 52% in 2016. Europe is the second largest supplier of Electromagnetic Therapy Device, enjoying production market share nearly 26% in 2016. North America is the largest consumption place, with a consumption market share nearly 42% in 2016. Following North America, Europe is the second largest consumption place with the consumption market share of 25%. Market competition is not intense. Orthofix Holdings, BEMER, Dolphin MPS, Curatronic Swiss Bionic Solutions, ORIN etc. are the leaders of the industry.

By Market Vendors:

• Orthofix Holdings
• BEMER
• Dolphin MPS
• Curatronic
• Swiss Bionic Solutions
• ORIN
• OMI
• HealthyLine
• Medithera GmbH
• Earth Pulse
• Itech Medical Division
• NiuDeSai
• Banglijian
• Green Sea

By Types:

• High Frequency
• Low Frequency

By Applications:

• Bone Growth
• Pain Relief

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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• To understand the future outlook and prospects for the market.
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