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.
According to this study, over the next five years the Electromagnetic Therapy Device market will register a 6.4% CAGR in terms of revenue, the global market size will reach USD 440 million by 2024, from USD 310 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Electromagnetic Therapy Device business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Electromagnetic Therapy Device market by product type, application, key manufacturers and key regions and countries.
This study considers the Electromagnetic Therapy Device value and volume generated from the sales of the following segments-
Segmentation by product type- breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
High Frequency
Low Frequency
Segmentation by application- breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Bone Growth
Pain Relief
Others
This report also splits the market by region- Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report- Breakdown data in in Chapter 3.
Orthofix Holdings
BEMER
Dolphin MPS
Curatronic
Swiss Bionic Solutions
ORIN
OMI
HealthyLine
Medithera GmbH
Earth Pulse
Itech Medical Division
NiuDeSai
Banglijian
Green Sea
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Electromagnetic Therapy Device consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Electromagnetic Therapy Device market by identifying its various subsegments.
Focuses on the key global Electromagnetic Therapy Device manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electromagnetic Therapy Device with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electromagnetic Therapy Device submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
