The Asia Pacific Pulse Electromagnetic Field Therapy Devices Market would witness market growth of 11.7% CAGR during the forecast period (2021-2027).
The demand for pulsed electromagnetic field therapy devices would be driven by the surge in the wellness market and the massive expenditure and adoption of alternative therapy. In addition, the rise in awareness and the higher impact of yoga, and alternative therapies would further boost the growth and demand for pulse electromagnetic field therapy devices in the market during the forecasting period.
The demand for pulse electromagnetic field therapy devices would witness bright prospects due to the booming eCommerce industry and the advent of self-claimed learned customers. Some of the growth catalysts for the pulse electromagnetic field therapy devices market are constant technological developments like the creation of compact, miniaturized electromagnetic field therapy devices with the help of sophisticated materials, remote business operations by integrating the mobile devices, and others are highly attractive to the customer tastes, automated patterns of several pulsed electromagnetic fields.
The poor road conditions in countries like India is causing a significant number of medical conditions like pains and injuries that would create higher demand for these devices. In addition, the availability of low quality of mattress in the local market increases the possibilities of backaches, and other pains in the body. Many regional countries are witnessing low-per capita income which is a major factor encouraging many people to buy cheap and low-quality mattress.
The China market dominated the Asia Pacific Hospitals Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $21.35 million by 2027.The Japan market would witness a CAGR of 10% during (2021 - 2027). Additionally, The India market is experiencing a CAGR of 11.3% during (2021 - 2027).
Based on Power, the market is segmented into Low Frequency and High Frequency. Based on Application, the market is segmented into Pain Management, Bone Growth, and Others. Based on End Use, the market is segmented into Hospitals, Home Care Settings, and Other End uses. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Pulse Electromagnetic Field Therapy Devices Market is Projected to reach USD 743.21 million by 2027, at a CAGR of 10.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bedfont Scientific Ltd., Orthofix Medical, Inc., I-Tech Medical Division (I.A.C.E.R. Srl), Oska Wellness, Inc., Nuage Health Devices Pvt. Ltd., Sedona Wellness, Bemer USA, LLC, Pulsed Energy Technologies LLC, and HealthyLine.
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