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    Pulsed Electromagnetic Field Therapy Devices Market Report

    Pulsed Electromagnetic Field Therapy Devices Market Report
    Report code - SRHL279 Delivery - 2 Weeks
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    Global Pulsed Electromagnetic Field Therapy Devices Market, Dynamics, and Market Analysis
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    Impact of COVID-19 on Pulsed Electromagnetic Field Therapy Devices Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Pulsed Electromagnetic Field Therapy Devices Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    Market Insights

    The Global Pulsed Electromagnetic Field Therapy Devices Market is estimated to grow from USD xx million in 2020 to USD xx million by 2026 at a healthy CAGR of x% during the forecast period.

    Figure: Global Pulsed Electromagnetic Field Therapy Devices Market Size, 2020-2026 (USD Million)

    Pulse-Electromagnetic-Field-Therapy-Devices-Market-Forecast

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    What are pulsed Electromagnetic field therapy devices?

    Pulsed electromagnetic field therapy (PEMFT, or PEMF therapy) involves the usage of electromagnetic fields to heal non-union fractures and depression. It is a non-invasive treatment and creates micro-current in tissue. It enhances the overall health and wellness of the patients. This therapy is being used to treat various diseases including knee osteoarthritis and chronic lower back pain. It reduced swelling, heals wound, and regenerates tissues in the body.

    Key Players

    Key players operating in the global Pulsed Electromagnetic Field Therapy Devices market are-

    • Bedfont Scientific Ltd (UK),
    • Orthofix Holdings, Inc (The US),
    • Curatronic Ltd. (Israel),
    • Swiss Bionic Solutions Canada Inc. (Canada),
    • Owens & Minor, Inc. (The US),
    • HealthyLine (The US),
    • Medithera GmbH (Germany),
    • Earth Pulse (The US), and
    • I-Tech Medical Division (Italy).

    Market Dynamics

    The global market growth is primarily driven by the widespread usage of pulsed electromagnetic field therapy devices in treating various diseases.

    • Rising risk of fractures due to fall & accidents and increasing sports injury cases is likely to boost the demand for pulsed electromagnetic field therapy to heal the injuries and pain.
    • Growing emphasis on the development of advanced products such as miniature devices and remote operation by integrating with mobile phone features are likely to propel the market growth substantially during the review period.
    • However, a lack of understanding regarding the mechanism of bone healing effect achieved by these therapy devices is likely to affect the market growth.

    Segment Analysis

    End User Trends

    Based on end user, the market has been divided into hospitals, wellness clinics and home care settings.

    • The hospitals segment accounted for the substantial market share in 2020 and is projected to continue its dominance over the forecast period owing to presence of established healthcare infrastructure and skilled healthcare professionals.
    • The homecare settings segment is projected to register healthy CAGR during the review period on account of increasing popularity of devices coupled with rising social media influence.

    Regional Trends

    The market in North America accounted for largest share in 2020 owing to rising incidences of joint injuries and high demand for technologically advanced healthcare solutions. The market in Asia-Pacific region is projected to register healthy growth rate on account of increasing consumer awareness coupled with growing internet penetration in the developing countries.

    COVID-19 Impact on Global Pulsed Electromagnetic Field Therapy Devices (GPCRs) Market

    The covid-19 outbreak affected the growth of the pulsed electromagnetic field therapy devices market for a short period of time as the visits to hospitals for therapy declined due to fear of coronavirus infection. Also, product availability was hampered due to travel restrictions and supply chain disruptions. However, with the reopening of the economies globally, the product demand is likely to gain momentum.

    Critical questions answered in this report -

    • What are the key trends in the global Pulsed electromagnetic field therapy devices market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
    • What is the impact of the COVID-19 on the global Pulsed electromagnetic field therapy devices market?
    • What are the key strategies adopted by the major vendors to lead in the global Pulsed electromagnetic field therapy devices market?
    • What is the market share of the top vendors?

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    Target Audience

    Here is the list of the group of customers that the global pulsed electromagnetic field therapy devices market hopes to have the greatest opportunity to convert-

    • Pulsed electromagnetic field therapy devices distributors,
    • Pulsed electromagnetic field therapy devices suppliers,
    • Pulsed electromagnetic field therapy devices manufacturers,
    • Logistics organizations,
    • Government Bodies.

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    Bedfont Scientific Ltd (UK), Orthofix Holdings, Inc (The US), Curatronic Ltd. (Israel), Swiss Bionic Solutions Canada Inc. (Canada), Owens & Minor, Inc. (The US), HealthyLine (The US), Medithera GmbH (Germany), Earth Pulse (The US) and I-Tech Medical Division (Italy) are the key players in the pulsed electromagnetic field therapy devices market.

    North America accounted for the largest share in the pulsed electromagnetic field therapy devices market in 2020.

    The hospitals segment is expected to remain dominant in the pulsed electromagnetic field therapy devices market during the forecast period.

    Widespread usage of pulsed electromagnetic field therapy devices in treating various diseases, rising risk of fractures due to fall & accidents and increasing sports injury cases are the factors driving the growth of pulsed electromagnetic field therapy devices market.

    Pulsed electromagnetic field therapy devices distributors, Pulsed electromagnetic field therapy devices suppliers, Pulsed electromagnetic field therapy devices manufacturers, Logistics organizations, Government Bodies are the target audience in the pulsed electromagnetic field therapy devices market.

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