Overview


According to FutureWise analysis the market for electrotherapy system in 2023 is US$ 1.12 billion, and is expected to reach US$ 1.55 billion by 2031 at a CAGR of 4.22%.

Electrotherapy is a medical treatment that uses targeted electrical stimulation to treat chronic pain, muscle wasting, musculoskeletal injuries, and nerve pain. In electrotherapy, nerves and muscles are stimulated through the surface of the patient's skin through mild currents. The following are some ways electrotherapy can be used in medical treatment: Interferes with the body's pain signals, releases endorphins which help in the reduction of pain, stimulates muscle tissue contraction, reduces atrophy and stimulates the creation of new cells, reduces inflammation and promotes collagen production. Patients are less likely to experience pain when they take this medication.

FutureWise Market Research has instantiated a report that provides an intricate analysis of Electrotherapy System Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.

According to the research study conducted by FutureWise research analysts, the Electrotherapy System Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.

  • Medtronic Plc.
  • Zynex Medical Inc.
  • DJO Global, Inc.
  • Nevro Corporation
  • BTL Industries, Inc.
  • Zealmax Innovations Pvt. Ltd.
  • LivaNova PLC.
  • EMS Physio Ltd.
  • STYMCO Medical
  • Omron Corporation

(Note: The list of the major players will be updated with the latest market scenario and trends)

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)
  • 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
  • Others

By End User

  • Hospitals
  • Rehabilitation Centers
  • Clinics

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth

  • To provide with an exhaustive analysis on the Electrotherapy System Market By Technology, By Application, By Therapy, By End User and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- product launches, technological advancements, mergers and expansions

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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Electrotherapy System Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Electrotherapy System Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Electrotherapy System Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Electrotherapy System Market, By Technology Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Transcutaneous Electrical Nerve Stimulation (TENS)
        2. Neuromuscular Electrical Stimulation (NMES)
        3. Inferential Current (IFC)
        4. Percutaneous Electrical Nerve Stimulation (PENS)
        5. Electronic Muscle Stimulator (EMS)
        6. Spinal Cord Stimulation (SCS)
        7. Electro-acupuncture (EA)
        8. Others

  • 8.   Electrotherapy System Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Chronic Wound Healing
        2. Neuromuscular Dysfunction
        3. Pain Management
        4. Tissue Repair
        5. Musculoskeletal Disorder
        6. Physical Therapy
        7. Iontophoresis
        8. Others

  • 9.   Electrotherapy System Market, By Therapy Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Extracorporeal Shock Wave Therapy
        2. Magnetic Field Therapy
        3. Ultrasound Therapy
        4. Microcurrent Therapy
        5. Interferential Current Therapy
        6. Others

  • 10.   Electrotherapy System Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Rehabilitation Centers
        3. Clinics

  • 11.   North America Electrotherapy System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 12.   Latin America Electrotherapy System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 13.   Europe Electrotherapy System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 14.   Asia Pacific Electrotherapy System Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 15.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 16.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 17.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Medtronic Plc.
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Zynex Medical Inc.
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. DJO Global, Inc.
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Nevro Corporation
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. BTL Industries, Inc.
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Zealmax Innovations Pvt. Ltd.
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. LivaNova PLC.
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. EMS Physio Ltd.
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. STYMCO Medical
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10. Omron Corporation
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview

  • 18.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 19.   FutureWise SME Key Takeaway Points for Client
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