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Global Electrotherapy System Market Size By Component, By Application, By End-User, By Geographic Scope And Forecast

  • Report
  • 102 Pages
  • June 2021
  • Region: Global
  • Verified Market Research
  • ID: 5440653
Electrotherapy System Market was valued at USD 950.20 Million in 2019 and is projected to reach USD 1,309.56 Million by 2027, at a long term CAGR of 4.39% from 2020 to 2027.

The Global Electrotherapy System Market report provides a holistic evaluation of the market for the forecast period. The report comprises of various segments as well an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics, involves the drivers, restraints, opportunities and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Global Electrotherapy System Market study provides an outlook on the development of market in terms of revenue throughout the prognosis period.

Global Electrotherapy System Market Overview

The growth in the aged population is acting as a fuelling factor for the growth of the electrotherapy system market due to geriatric population is more vulnerable to muscular injuries, tissue degradation, and falls.

This report provides an all-inclusive environment of the analysis for the Global Electrotherapy System Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political and economic factors along with the current market dynamics affecting the Global Electrotherapy System Market growth.

Along with the market overview, which comprises of the market dynamics the chapter includes a Porter’s Five Forces analysis which explains the five forces: namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the Global Electrotherapy System Market. It explains the various participants, such as system integrators, intermediaries and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Global Electrotherapy System Market.

Global Electrotherapy System Market: Segmentation Analysis

Global Electrotherapy System Market is segmented based on Components, Application, End-User, And Geography.

Key Players in Electrotherapy System Market

The “Global Electrotherapy System Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Zynex Inc., NeuroMetrix Inc., Nevro Corp., Boston Scientific Corporation, Medtronic Plc., Uroplasty Inc., Cyberonics Inc., St. Jude Medical Inc., and others.
Frequently Asked Questions about the Global Electrotherapy System Market

What is the estimated value of the Global Electrotherapy System Market?

The Global Electrotherapy System Market was estimated to be valued at $950.2 Million in 2019.

What is the growth rate of the Global Electrotherapy System Market?

The growth rate of the Global Electrotherapy System Market is 4.1%, with an estimated value of $1309.56 Million by 2027.

What is the forecasted size of the Global Electrotherapy System Market?

The Global Electrotherapy System Market is estimated to be worth $1309.56 Million by 2027.

Who are the key companies in the Global Electrotherapy System Market?

Key companies in the Global Electrotherapy System Market include Zynex Inc., NeuroMetrix Inc., Nevro Corp., Boston Scientific Corporation, Medtronic Plc., Uroplasty Inc. and St. Jude Medical Inc..

Table of Contents

1 Introduction
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Assumptions
1.5 Limitations
2 Research Methodology
2.1 Data Mining
2.2 Secondary Research
2.3 Primary Research
2.4 Subject Matter Expert Advice
2.5 Quality Check
2.6 Final Review
2.7 Data Triangulation
2.8 Bottom-Up Approach
2.9 Top Down Approach
2.1 Research Flow
2.11 Data Sources
3 Executive Summary
3.1 Market Overview
3.2 Global Electrotherapy System Market Geographical Analysis (Cagr %)
3.3 Global Electrotherapy System Market, by End-User (Usd Million)
3.4 Global Electrotherapy System Market, by Components (Usd Million)
3.5 Global Electrotherapy System Market, by Application (Usd Million)
3.6 Future Market Opportunities
3.7 Global Market Split
3.8 Market Drivers
4 Market Outlook
4.1 Global Electrotherapy System Market Outlook
4.2 Drivers
4.2.1 Increasing Incidence of Spinal Injuries
4.2.2 Rise in Elderly Population
4.3 Restraints
4.3.1 Stringent Regulatory Compliance for Electrotherapy Products
4.3.2 Lack of Awareness in the Underdeveloped Nations
4.4 Opportunities
4.4.1 Advancement in the Electrotherapy System
4.4.2 New Product Launches
4.5 Impact of Covid - 19 on Electrotherapy System Market
5 Market, by End-User
5.1 Overview
5.2 Hospitals
5.3 Clinics
5.4 Rehabilitation Centers
5.5 Long-Term Care Centers
5.6 Others
6 Market, by Components
6.1 Overview
6.2 Interferential Current Therapy (Ic)
6.3 Transcutaneous Electrical Nerve Stimulation (Tens)
6.4 Micro-Current Therapy
6.5 Pulsed Short Wave Diathermy (Pswd)
6.6 Transcutaneous Spinal Electro Analgesia (Tse)
6.7 Others
7 Market, by Application
7.1 Overview
7.2 Sports Injury Treatment
7.3 Pain Management
7.4 Neuromuscular Dysfunction
7.5 Tissue Repair
7.6 Urine and Fecal Incontinence
7.7 Others
8 Market, by Geography
8.1 Overview
8.2 North America
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 France
8.3.3 U.K.
8.3.4 Rest of Europe
8.4 Asia-Pacific
8.4.1 China
8.4.2 India
8.4.3 Japan
8.4.4 Rest of Apac
8.5 Rest of World
8.5.1 Middle East and Africa
8.5.2 Latin America
9 Competitive Landscape
9.1 Overview
9.2 Competitive Scenario
9.3 Company Market Ranking Analysis
10 Company Profiles
10.1 St. Jude Medical Inc. (Abbott)
10.1.3 Segment Breakdown
10.1.5 Key Developments
10.1.6 SWOT Analysis
10.2 Medtronic plc.
10.2.1 Company Overview
10.2.2 Company Insights
10.2.3 Segment Breakdown
10.2.4 Product Benchmarking
10.2.5 Key Developments
10.2.6 SWOT Analysis
10.3 Boston Scientific Corporation
10.3.1 Company Overview
10.3.2 Company Insights
10.3.3 Segment Breakdown
10.3.4 Product Benchmarking
10.3.5 Key Developments
10.3.6 SWOT Analysis
10.4 Neurometrix Inc.
10.4.1 Company Overview
10.4.2 Company Insights
10.4.3 Product Benchmarking
10.4.4 Key Developments
10.4.5 SWOT Analysis
10.5 Djo Global Inc. (Colfax Corporation)
10.5.1 Company Overview
10.5.2 Company Insights
10.5.3 Segment Breakdown
10.5.4 Product Benchmarking
10.5.5 Key Developments
10.5.6 SWOT Analysis
10.6 Zynex Inc.
10.6.1 Company Overview
10.6.2 Company Insights
10.6.3 Segment Breakdown
10.6.4 Product Benchmarking
10.7 Nevro Corp.
10.7.1 Company Overview
10.7.2 Company Insights
10.7.3 Segment Breakdown
10.7.4 Product Benchmarking
10.7.5 Key Developments
10.8 Uroplasty Inc.
10.8.1 Company Overview
10.8.2 Company Insights
10.8.3 Product Benchmarking
10.9 Cyberonics Inc.
10.9.1 Company Overview
10.9.2 Company Insights
10.9.3 Product Benchmarking
10.10 Btl Industries Inc.
10.10.1 Company Overview
10.10.2 Company Insights
10.10.3 Product Benchmarking

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Zynex Inc.
  • NeuroMetrix Inc.
  • Nevro Corp.
  • Boston Scientific Corporation
  • Medtronic Plc.
  • Uroplasty Inc.
  • Cyberonics Inc.
  • St. Jude Medical Inc.