Pulse Electromagnetic Field (PEMF) Therapy Devices Market size

Pulse Electromagnetic Field (PEMF) Therapy Devices Market: By Company Analysis, SWOT, Market Strategy and Global Forecast 2021-2027

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The latest report as Pulse Electromagnetic Field (PEMF) Therapy Devices Market acknowledges Size, Application Segment, Type, Regional Outlook, Market Demand, Latest Trends, and Venous Procedure Devices Industry Share and Revenue by Manufacturers, Leading Companies Profiles, Future Growth Potential Forecasts-2027.

Market Size:

The global Pulse Electromagnetic Field (PEMF) Therapy Devices market gathered revenue around USD 520 Million in 2020 and market is set to grow USD 700 Million by the end of 2027 and is estimated to expand at a modest CAGR of 3.4% during the prediction period 2021 to 2027.

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Report Coverage

Report Scope Details
Market Size USD 700 Million by 2027
Growth Rate CAR 3.4% From 2021 to 2027
Base Year 2020
Forecast Period 2021 to 2027
Largest Market North America
Fastest Growing Market Asia Pacific
Segments  Covered Device, End-user and Region
Report coverage Growth Factors, Revenue Status, Competitive Landscape,  and Future Trends
Companies Mentioned Orthofix Medical, Inc., I-Tech Medical Division, Pulsed Energy Technologies LLC, PEMF GLOBAL, Oxford Medical Instruments, HealthyLine, Magnus Magnetica, LLC, BioBalance PEMF, Sedona Wellness, Nuage Health Devices Pvt. Ltd., and OSKA.

Growth Factors:

The market pulse electromagnetic field therapy device emits electromagnetic fields for healing non-union fractures and depression. Most often, fractures caused by accidents and sports injuries are treated with the help of these devices, which enables healing of the organ at the cellular and tissue level. Electromagnetic fields restore and stimulate many normal cellular signaling pathways that help in cellular healing of the organ. Low-frequency electromagnetic devices are used commonly because the normal body is habituated with the signal of low frequency type that ensures proper treatment and healing of the injured organs.

In terms of type of device, the global pulse electromagnetic field (PEMF) therapy devices market has been classified into high-frequency PEMF devices, mid-frequency PEMF devices, and low-frequency PEMF devices. The low-frequency devices segment accounted for significant share of the global pulse electromagnetic field (PEMF) therapy devices market in 2020. Based on end-user, the global pulse electromagnetic field (PEMF) therapy devices market has been divided into hospitals & clinics, diagnostic centers, home care settings, and others. The hospitals & clinics segment held major share of the global pulse electromagnetic field (PEMF) therapy devices market in 2020.

Pulse Electromagnetic Field (PEMF) Therapy Devices Market: Prominent Regions

North America accounted for a major share of the global pulse electromagnetic field (PEMF) therapy devices market in 2020. Presence of key players in the region, rise in number of diagnostic procedures using pulse electromagnetic field (PEMF) therapy devices, and growth strategies adopted by the key players drive the pulse electromagnetic field (PEMF) therapy devices market in the region.

Europe held the second-largest share of the global pulse electromagnetic field (PEMF) therapy devices market in 2020. The growth of the market in the region can be attributed to well-developed healthcare infrastructure and increase in cases of fractures due to accidents, falls, and sports injuries. The pulse electromagnetic field (PEMF) therapy devices market in Europe is likely to grow at a rapid pace during the forecast period. Technological developments in pulse electromagnetic field (PEMF) therapy devices is also a major factor likely to propel the pulse electromagnetic field (PEMF) therapy devices market in the region.

Key Players:

This report provides detailed company profiles of the key market players. This research report also highlights the competitive landscape of the Pulse Electromagnetic Field (PEMF) Therapy Devices market and ranks noticeable companies as per their occurrence in diverse regions across globe and crucial developments initiated by them in the market space. This research study also tracks and evaluates competitive developments, such as collaborations, partnerships, and agreements, mergers and acquisitions; novel product introductions and developments, promotion strategies and Research and Development (R&D) activities in the marketplace. The competitive profiling of these players includes business and financial overview, gross margin, production, sales, and recent developments which can aid in assessing competition in the market.

Some of the prominent players in the Pulse Electromagnetic Field (PEMF) Therapy Devices Market include:  Orthofix Medical, Inc., I-Tech Medical Division, Pulsed Energy Technologies LLC, PEMF GLOBAL, Oxford Medical Instruments, HealthyLine, Magnus Magnetica, LLC, BioBalance PEMF, Sedona Wellness, Nuage Health Devices Pvt. Ltd., and OSKA.

Unravelling the Critical Segments

This research report offers market revenue, sales volume, production assessment and prognoses by classifying it on the basis of various aspects including product type, application/end-user, and region. Further, this research study investigates market size, production, consumption and its development trends at global, regional, and country level for period 2017 to 2027 and covers subsequent region in its scope:

Pulse Electromagnetic Field (PEMF) Therapy Devices Market, by Device

  • High-frequency PEMF Devices
  • Mid-frequency PEMF Devices
  • Low-frequency PEMF Devices

Pulse Electromagnetic Field (PEMF) Therapy Devices Market, by End-user

  • Hospitals & Clinics
  • Diagnostic Centers
  • Home Care Settings
  • Others

Regional Segmentation:

– North America Region (U.S., Canada, Mexico)

– Europe Region (Germany, UK, France, Russia, Italy, Rest of Europe)

– Asia-Pacific Region (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

– South America Region (Brazil, Argentina, Columbia, Rest of South America)

– The Middle East & Africa Region (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

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Despite unprecedented implications of the COVID-19 outbreak, the market will gain impetus amidst soaring investment towards sophistication of the healthcare sector. The market survey offers compelling insights into key factors enabling growth through the assessment period. It underscores hidden opportunities across diverse segments. Besides uncovering hidden opportunities, the report presents exclusive insights into challenges posing threat to growth. Alongside this, it offers recommendations to navigate through unforeseen hindrances in the future, while keeping the business afloat.

Scope of the Study

This Pulse Electromagnetic Field (PEMF) Therapy Devices market report studies market dynamics, status and outlook especially in North America, Europe and Asia-Pacific, Latin America, Middle East and Africa. This research report offers scenario and forecast (revenue/volume), and categorizes market by players, type, application, and region. This report also studies global market prominence, competitive landscape, market share, growth rate market dynamics such as drivers, restraints and opportunities, and distributors and sales channel.

This research study also integrates Industry Chain analysis and Porter’s Five Forces Analysis. Further, this report offers competitive scenario which comprises collaborations, market concentration rate and expansions, mergers & acquisitions undertaken by companies.

Market Regions analysis:

North America accounted for a major share of the global pulse electromagnetic field (PEMF) therapy devices market in 2020. Presence of key players in the region, rise in number of diagnostic procedures using pulse electromagnetic field (PEMF) therapy devices, and growth strategies adopted by the key players drive the pulse electromagnetic field (PEMF) therapy devices market in the region.

Europe held the second-largest share of the global pulse electromagnetic field (PEMF) therapy devices market in 2020. The growth of the market in the region can be attributed to well-developed healthcare infrastructure and increase in cases of fractures due to accidents, falls, and sports injuries. The pulse electromagnetic field (PEMF) therapy devices market in Europe is likely to grow at a rapid pace during the forecast period. Technological developments in pulse electromagnetic field (PEMF) therapy devices is also a major factor likely to propel the pulse electromagnetic field (PEMF) therapy devices market in the region.

Important years considered for this report:

Historical Years: 2017-2019

Base Year: 2020

Forecast Period: 2021-2027

Key Points Covered in Pulse Electromagnetic Field (PEMF) Therapy Devices Market Survey

  • Demand will remain high in the U.S., backed by favourable reimbursement policies and presence of some of the leading market players.
  • Europe will continue showcasing high demand. Sales will remain high, especially in the U.K., Germany, France, and other countries.
  • China and India will exhibit high demand for Pulse Electromagnetic Field (PEMF) Therapy Devices, backed by expanding healthcare sector.
  • Focus on research and development will increase in Brazil, creating opportunities for the expansion of the Pulse Electromagnetic Field (PEMF) Therapy Devices market.
  • Hospitals are expected to showcase higher demand for Pulse Electromagnetic Field (PEMF) Therapy Devices on account of greater access to advanced technologies and higher footfall of patients.
  • Driven by the presence of some of the leading pharmaceutical producers, demand in the Japan Pulse Electromagnetic Field (PEMF) Therapy Devices market will continue increasing at a high pace.

Some of the key highlights covered in the report include:

  • Pulse Electromagnetic Field (PEMF) Therapy Devices Market Demand-Supply Analysis -The report covers detailed insights into demand and supply forces prevailing in the global Pulse Electromagnetic Field (PEMF) Therapy Devices market. It examines trends and factors influencing demand for Pulse Electromagnetic Field (PEMF) Therapy Devices globally and gauges the impact of the same on the production.
  • Pulse Electromagnetic Field (PEMF) Therapy Devices Pricing Analysis – The report presents exclusive pricing analysis. It compares pricing strategies adopted by the leading market players and identifies the most remunerative strategies.
  • Market Segmentation – The report segments the global market in terms of diverse criteria. It identifies the leading segment within each category and identifies growth drivers and restraints affecting growth across each segment.
  • Regional Analysis – The report segments the market in terms of North America, Europe, Latin America, Asia Pacific, and Rest of the World in terms of region. It has chapters exclusively dedicated to analyzing growth trends across each region. It identifies growth drivers as well challenges affecting demand for Pulse Electromagnetic Field (PEMF) Therapy Devices across the world.
  • Competitive Analysis – Some of the leading market players are profiled in the report on Pulse Electromagnetic Field (PEMF) Therapy Devices. The report offers estimation of share individually helps by the market players and determines the impact of some of their popular strategies.
  • COVID-19 Impact Analysis – This chapter is exclusively dedicated to gauging how the market has evolved or will develop in the post-pandemic era.
  • Growth Recommendations – In the end, the report presents valuable recommendations to ready businesses for unforeseen challenges in the near future.

Why should you invest in this report?

If you are aiming to enter the global Pulse Electromagnetic Field (PEMF) Therapy Devices market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for Pulse Electromagnetic Field (PEMF) Therapy Devices are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2027 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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