The Global Pulsed Electromagnetic Field Therapy Devices Market is poised to register at a CAGR of 7.8% during the forecast period 2022 to 2028.
PEMF (pulsed electromagnetic field) therapy devices are non-invasive and have no significant side effects. PEMF therapy is a novel treatment option for a variety of musculoskeletal disorders. The FDA has cleared PEMF devices to treat non-union fractures as well as post-operative osteoarthritis, plantar fasciitis, pain, and edoema. These devices also have several advantages, including the reduction of chronic and acute pain associated with various connective tissues, such as bone, tendon, ligament, and cartilage injury, as well as the control of edoema and inflammation. As a result, the advantages of these devices are expected to accelerate market growth. The growing geriatric population around the world, as well as increased awareness about pulse electromagnetic field (PEMF) therapy devices, are expected to drive market growth. Technological advancements, such as the creation of narrow, miniaturised PEMF therapy devices made from advanced materials, are expected to secure the market position. The incorporation of telemedicine is expected to broaden the range of applications for these devices. The novel coronavirus (COVID-19) disease has emerged, causing havoc in various healthcare and socioeconomic sectors around the world. Lack of understanding of the mechanism of bone healing effect, as achieved by PEMF therapy, may limit market growth to some extent. Due to insufficient and inconclusive evidence, as well as a lack of support from mainline clinical practice specialists, the application scope of PEMF therapy devices has been significantly limited. Although the FDA has approved and regulated these devices, they must be promoted and marketed as wellness products. Before investing in new production technologies, companies in the pulse electromagnetic field (PEMF) therapy devices market make data-driven decisions. They are stepping up their efforts to reduce technological vulnerabilities by testing systems in a variety of scenarios. Stakeholders are working to ensure business continuity in the raw material supply chain for specialised labs and device manufacturing. During the ongoing coronavirus crisis, they are reassessing the likelihood of receiving payments from vendors and partners.
The astute research report on Pulsed Electromagnetic Field Therapy Devices market provides intricate details for analyzing appropriate parameters and valuable insights. The report offers extensive information about this business to help bring forth the growth potential of the market across various segments and provides the clients with a comprehensive analysis of factors like market size, market growth trends, competitive landscape, product utilization, regional growth prospects, and application potential, etc. The data provided in the report has been gathered from a wide variety of sources by using primary and secondary research. This Pulsed Electromagnetic Field Therapy Devices research report also provides crucial insights into consumer behaviour, brand positioning, pricing analysis, and key player strategies. The market overview included in the Pulsed Electromagnetic Field Therapy Devices research report incorporates critical factors procured from industry analysts, prominent players as well as trade and industrial organizations.
The report on Pulsed Electromagnetic Field Therapy Devices market offers up-to-date information on the factors impeding the market growth which shall provide vendors with crucial insights into understanding the market dynamics thereby aiding the clients to sketch out a better business strategy. These factors will help them identify market growth opportunities. Furthermore, FutureWise research analysts provide timely assistance to their customers in understanding eccentric market parameters more effectively thereby leading to better decision-making.
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The Pulsed Electromagnetic Field Therapy Devices market research report is segmented – by power, by application, by end user, and by region. It also consists of insights regarding the revenue value and sales volume during the forecasted timeframe of 2022 to 2028.
Pulsed Electromagnetic Field Therapy Devices Market Segmentation:
By Power
Low frequency
High frequency
By Application
Pain relief
Bone growth
Others
By End User
Hospitals
Home care settings
Others
By Region
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
Pulsed Electromagnetic Field Therapy Devices Market Regional Analysis:
The report provides a complete evaluation of the potential amplification of the Pulsed Electromagnetic Field Therapy Devices Market in pivotal geographic regions such as North America, Asia Pacific, Europe, Latin America and Middle East & Africa.
Competitive Landscape:
Some of the key market players are
Oxford Medical Instruments Health Store
Nuage Health
Orthofix Holdings, Inc.
I-Tech Medical Division
Pulsed Energy Technologies LLC
Swiss Bionic Solutions
Sedona Wellness Ltd.
Pulse Centers
BioBalance
FutureWise Key Takeaways:
Growth prospects
SWOT analysis
Key market trends
Key data-points affecting market growth
Objectives of the Study:
To provide an extensive analysis of the global Pulsed Electromagnetic Field Therapy Devices market by power, by application, by end user, and by region
To carter complex data and information on the characteristics influencing the market growth (drivers, restraints, opportunities, and industry-specific restraints)
To predict and assess micro-markets and the overall market
To anticipate the market size, in key geographical regions (along with countries)— North America, Europe, Asia Pacific, Latin America and the Middle East and Africa
To estimate and inspect competitive landscape mapping- technological advancements, product launches, mergers and expansions
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