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.
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.
This research report purposes at stressing the most lucrative growth prospects. The aim of the research report is to provide an inclusive valuation of the Pulse Electromagnetic Field (PEMF) Therapy Devices market and it encompasses thoughtful visions, actualities, industry-validated market findings, historic data, and prognoses by means of appropriate set of assumptions and practice. Global Pulse Electromagnetic Field (PEMF) Therapy Devices market report aids in comprehending market structure and dynamics by recognizing and scrutinizing the market sectors and predicted the global market outlook.
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. |
COVID-19 Impact Assessment on Market Landscape
The report comprises the scrutiny of COVID-19 lock-down impact on the income of market leaders, disrupters and followers. Since lock down was instigated differently in diverse regions and nations, influence of same is also dissimilar across various industry verticals. The research report offers present short-term and long-term influence on the market to assist market participants across value chain makers to formulate the framework for short term and long-lasting tactics for recovery and by region.
Pulse Electromagnetic Field (PEMF) Therapy Devices market Report empowers readers with all-inclusive market intelligence and offers a granular outline of the market they are operational in. Further this research study delivers exceptional combination of tangible perceptions and qualitative scrutiny to aid companies accomplishes sustainable growth. This report employs industry-leading research practices and tools to assemble all-inclusive market studies, intermingled with pertinent data. Additionally, this report also emphases on the competitive examination of crucial players by analyzing their product portfolio, pricing, gross margins, financial position, growth approaches, and regional occurrence.
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.
Competitive Rivalry
Foremost players in the market are attentive on adopting corporation strategies to enhance their market share. Some of the prominent tactics undertaken by leading market participants in order to sustain the fierce market completion include collaborations, acquisitions, substantial spending in R&D and the improvement of new-fangled products or reforms among others.
Major manufacturers & their revenues, percentage splits, market shares, growth rates and breakdowns of the product markets are determined through secondary sources and verified through the primary sources.
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
Pulse Electromagnetic Field (PEMF) Therapy Devices Market, by End-user
By Geography
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
Highlights of the Report:
Research Methodology
In the study, a unique research methodology is utilized to conduct extensive research on the growth of the Pulse Electromagnetic Field (PEMF) Therapy Devices market, and reach conclusions on the future growth parameters of the market. This research methodology is a combination of primary and secondary research, which helps analysts ensure the accuracy and reliability of the conclusions.
Secondary resources referred to by analysts during the production of the Pulse Electromagnetic Field (PEMF) Therapy Devices market study are as follows - statistics from government organizations, trade journals, white papers, and internal and external proprietary databases. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, marketing/product managers, and market intelligence managers, all of whom have contributed to the development of this report as a primary resource.
Comprehensive information acquired from primary and secondary resources acts as a validation from companies in the market, and makes the projections on the growth prospects of the Pulse Electromagnetic Field (PEMF) Therapy Devices markets more accurate and reliable.
Secondary Research
It involves company databases such as Hoover's: This assists us recognize financial information, structure of the market participants and industry competitive landscape.
The secondary research sources referred in the process are as follows:
Primary Research
Primary research includes face-to face interviews, online surveys, and telephonic interviews.
Industry participants involved in this research study include:
Key Points Covered in Pulse Electromagnetic Field (PEMF) Therapy Devices market Study:
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Pulse Electromagnetic Field (PEMF) Market, By Device
7.1. Pulse Electromagnetic Field (PEMF) Market, by Device, 2021-2027
7.1.1. High-frequency PEMF Devices
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. Mid-frequency PEMF Devices
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. Low-frequency PEMF Devices
7.1.3.1. Market Revenue and Forecast (2016-2027)
Chapter 8. Global Pulse Electromagnetic Field (PEMF) Market, By End-user
8.1. Pulse Electromagnetic Field (PEMF) Market, by End-user, 2021-2027
8.1.1. Hospitals & Clinics
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Diagnostic Centers
8.1.2.1. Market Revenue and Forecast (2016-2027)
8.1.3. Home Care Settings
8.1.3.1. Market Revenue and Forecast (2016-2027)
8.1.4. Others
8.1.4.1. Market Revenue and Forecast (2016-2027)
Chapter 9. Global Pulse Electromagnetic Field (PEMF) Market, Regional Estimates and Trend Forecast
9.1. North America
9.1.1. Market Revenue and Forecast, by Device (2016-2027)
9.1.2. Market Revenue and Forecast, by End-user (2016-2027)
9.1.3. U.S.
9.1.3.1. Market Revenue and Forecast, by Device (2016-2027)
9.1.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.1.4. Rest of North America
9.1.4.1. Market Revenue and Forecast, by Device (2016-2027)
9.1.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2. Europe
9.2.1. Market Revenue and Forecast, by Device (2016-2027)
9.2.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.3. UK
9.2.3.1. Market Revenue and Forecast, by Device (2016-2027)
9.2.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.4. Germany
9.2.4.1. Market Revenue and Forecast, by Device (2016-2027)
9.2.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.5. France
9.2.5.1. Market Revenue and Forecast, by Device (2016-2027)
9.2.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.2.6. Rest of Europe
9.2.6.1. Market Revenue and Forecast, by Device (2016-2027)
9.2.6.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3. APAC
9.3.1. Market Revenue and Forecast, by Device (2016-2027)
9.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.3. India
9.3.3.1. Market Revenue and Forecast, by Device (2016-2027)
9.3.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.4. China
9.3.4.1. Market Revenue and Forecast, by Device (2016-2027)
9.3.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.5. Japan
9.3.5.1. Market Revenue and Forecast, by Device (2016-2027)
9.3.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.3.6. Rest of APAC
9.3.6.1. Market Revenue and Forecast, by Device (2016-2027)
9.3.6.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4. MEA
9.4.1. Market Revenue and Forecast, by Device (2016-2027)
9.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.3. GCC
9.4.3.1. Market Revenue and Forecast, by Device (2016-2027)
9.4.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.4. North Africa
9.4.4.1. Market Revenue and Forecast, by Device (2016-2027)
9.4.4.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.5. South Africa
9.4.5.1. Market Revenue and Forecast, by Device (2016-2027)
9.4.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.4.6. Rest of MEA
9.4.6.1. Market Revenue and Forecast, by Device (2016-2027)
9.4.6.2. Market Revenue and Forecast, by End-user (2016-2027)
9.5. Latin America
9.5.1. Market Revenue and Forecast, by Device (2016-2027)
9.5.2. Market Revenue and Forecast, by End-user (2016-2027)
9.5.3. Brazil
9.5.3.1. Market Revenue and Forecast, by Device (2016-2027)
9.5.3.2. Market Revenue and Forecast, by End-user (2016-2027)
9.5.4. Rest of LATAM
9.5.4.1. Market Revenue and Forecast, by Device (2016-2027)
9.5.4.2. Market Revenue and Forecast, by End-user (2016-2027)
Chapter 10. Company Profiles
10.1. Orthofix Medical, Inc
10.1.1. Company Overview
10.1.2. Product Offerings
10.1.3. Financial Performance
10.1.4. Recent Initiatives
10.2. I-Tech Medical Division
10.2.1. Company Overview
10.2.2. Product Offerings
10.2.3. Financial Performance
10.2.4. Recent Initiatives
10.3. Pulsed Energy Technologies LLC
10.3.1. Company Overview
10.3.2. Product Offerings
10.3.3. Financial Performance
10.3.4. Recent Initiatives
10.4. PEMF GLOBAL
10.4.1. Company Overview
10.4.2. Product Offerings
10.4.3. Financial Performance
10.4.4. Recent Initiatives
10.5. Oxford Medical Instruments
10.5.1. Company Overview
10.5.2. Product Offerings
10.5.3. Financial Performance
10.5.4. Recent Initiatives
10.6. HealthyLine
10.6.1. Company Overview
10.6.2. Product Offerings
10.6.3. Financial Performance
10.6.4. Recent Initiatives
10.7. Magnus Magnetica, LLC
10.7.1. Company Overview
10.7.2. Product Offerings
10.7.3. Financial Performance
10.7.4. Recent Initiatives
10.8. BioBalance PEMF
10.8.1. Company Overview
10.8.2. Product Offerings
10.8.3. Financial Performance
10.8.4. Recent Initiatives
10.9. Sedona Wellness
10.9.1. Company Overview
10.9.2. Product Offerings
10.9.3. Financial Performance
10.9.4. Recent Initiatives
10.10. Nuage Health Devices Pvt. Ltd.
10.10.1. Company Overview
10.10.2. Product Offerings
10.10.3. Financial Performance
10.10.4. Recent Initiatives
Chapter 11. Research Methodology
11.1. Primary Research
11.2. Secondary Research
11.3. Assumptions
Chapter 12. Appendix
12.1. About Us
12.2. Glossary of Terms