ELECTROTHERAPY SYSTEM MARKET ANALYSIS

Electrotherapy System Market, By Technology [Transcutaneous Electrical Nerve Stimulation (TENS), Neuromuscular Electrical Stimulation (NMES), Inferential Current (IFC), Percutaneous Electrical Nerve Stimulation (PENS), Electronic Muscle Stimulator (EMS), Spinal Cord Stimulation (SCS), Electro-acupuncture (EA) and Others], By Application (Chronic Wound Healing, Neuromuscular Dysfunction, Pain Management, Tissue Repair, Musculoskeletal Disorder, Physical Therapy, Iontophoresis, Others), By Therapy (Extracorporeal Shock Wave Therapy, Magnetic Field Therapy, Ultrasound Therapy, Microcurrent Therapy, Interferential Current Therapy and Others), By End User (Hospitals, Rehabilitation Centers, Clinics) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Published In : May 2023
Code : CMI3034
Pages :221
Formats :
Excel and PDF
Industry : Medical Devices

Electrotherapy System MarketSize and Trends

The global electrotherapy system market is estimated to be valued at US$ 5,625.9 million in 2023 and is expected to exhibit a CAGR of 7.9% during the forecast period (2023-2030). For instance, key players operating in the market are focused on launching new products in the market, which is expected to drive the market growth over the forecast period. For instance, in April 2020, Omron Healthcare, Inc., a medical device company, announced the launch of the Focus TENS Therapy for Knee, a wearable device with transcutaneous electrical nerve stimulation technology, indicated for chronic, arthritic and acute pain associated with exercise strain or daily activity.

Report Coverage	Details
Base Year:	2022	Market Size in 2023:	US$ 5,625.9 Mn
Historical Data for:	2017 to 2022	Forecast Period:	2023 to 2030
Forecast Period 2023 to 2030 CAGR:	7.9%	2030 Value Projection:	US$ 9,603.4 Mn