Newly-released Pulse Electromagnetic Field Therapy Devices Market industry analysis report by Future Market Insights shows that global sales of the Pulse Electromagnetic Field Therapy Devices Market in 2021 were held at USD 416.6 million. With 8.6%, the projected market growth from 2022 to 2032 is expected to be higher than the historical growth. The market through the Low-Frequency segment is expected to gross the highest revenue, accounting for a CAGR of nearly 8.8% from 2022 to 2032.
Attribute | Details |
---|---|
Global Pulse Electromagnetic Field Therapy Devices Market (2022) | USD 452.4 million |
Global Pulse Electromagnetic Field Therapy Devices Market (2032) | USD 1 billion |
Global Pulse Electromagnetic Field Therapy Devices Market CAGR (2022 to 2032) | 8.6% |
USA Pulse Electromagnetic Field Therapy Devices Market CAGR (2022 to 2032) | 8% |
Key Companies Profiled | Bedfont Scientific; Orthofix Holdings; Nuage Health; Bemer; Oxford Medical Instruments Health; OSKA; Medithera; NiuDeSai; I-Tech Medical Division |
As per the Pulse Electromagnetic Field Therapy Devices Market industry research by Future Market Insights - a market research and competitive intelligence provider, historically, from 2017 to 2021, the market value of the Pulse Electromagnetic Field Therapy Devices Market industry increased at around 7.8% CAGR. Countries such as the USA, United Kingdom, China, Japan, and, South Korea held a significant share of the global market.
PEMF (pulsed electromagnetic field) therapy devices are non-invasive and have no known negative effects. PEMF therapy is a treatment option for a variety of musculoskeletal problems. The FDA has approved PEMF devices for the treatment of non-union fractures as well as post-operative osteoarthritis, plantar fasciitis, discomfort, and edema.
These devices also have a number of advantages, including the reduction of chronic and acute pain associated with a variety of connective tissues, such as bone, tendon, ligament, and cartilage injury, as well as the control of edema and inflammation. As a result, the advantages of these devices are expected to drive market expansion.
The market is expected to rise due to an increase in the global elderly population and increased awareness of pulse electromagnetic field (PEMF) therapy devices. The market position is projected to be secured by technological improvements including the development of narrow, downsized PEMF therapeutic devices employing sophisticated materials. The addition of telemedicine is likely to broaden the range of applications for these devices.
Severe spinal injuries, as well as delayed union and non-union fractures, are the most common outcomes of road accidents and trauma, necessitating surgical intervention. During the treatment of failed spinal fusions, delayed unions, fracture non-union, and new fractures, PEMF therapy devices stimulate bone repair.
The International Osteoporosis Foundation estimates that osteoporosis causes 8.9 million fractures per year. Furthermore, approximately 1.6 million hip fractures occur globally each year, with this figure expected to rise to between 4.5 and 6.3 million by 2050. As a result, the demand for PEMF therapy devices is likely to rise as the number of instances of osteoporosis rises.
The surge in the number of fractures due to falls, accidents, and sports injuries and Poor conditions of roads in various countries are some of the factors responsible for the growth of the market. Fractures caused by sports injuries, accidents, falls from a certain height, and symptoms such as arthritis, knee discomfort, and joint pain affect a major section of people around the world.
According to WHO figures, around 1.3 million people die each year as a result of traffic accidents. Furthermore, low- and middle-income countries account for the majority of worldwide traffic fatalities. Poorly maintained roads can result in a variety of injuries and pain in various body areas.
Potholes, uneven roads, broken surfaces, and road cracking can all cause injury to pedestrians, necessitating medical attention. Furthermore, governments' lack of focus on improving road infrastructure raises the risk of accidents and other injuries that can cause significant pain, raising healthcare expenses for individuals.
Interventional Orthopaedics of Atlanta is promoting PEMF therapy, an orthopedic clinic in Atlanta, Georgia, for the treatment of chronic tiredness symptoms, osteoporosis, and poor wound healing. The market for pulse electromagnetic field therapy devices in the United States is growing as a result of these discoveries.
PEMF technology is known for generating energy in the body's cells without requiring invasive surgery. For enterprises in the pulse electromagnetic field (PEMF) therapeutic equipment industry, such advantages translate into value-grab opportunities. PEMF therapy boosts the body's natural function by amplifying the body's natural energy. This therapy aids in the improvement of sports performance as well as the speedier recovery of injuries.
Because electromagnetic therapies cause a wide range of interactions within the body, some patients have reported discomfort during their first sessions. As a result, these occurrences occur seldom during the initial stages of treatment. Mild side effects are more common with whole-body treatments and, in rare situations, local therapies.
PEMF side effects are small and transitory, and they normally go away after the therapy is continued. Furthermore, people with electromagnetic hypersensitivity are more likely to have these side effects. Patients may experience overreactions because PEMF therapy has the power to modify biological systems and excite cells or tissues.
United States remains the most dominant country in the Pulse Electromagnetic Field Therapy Market having the expected largest market share of USD 358.3 million by 2032. The demand for PEMF therapy devices in the United States is expected to rise as the number of individuals suffering from osteoporosis and osteoarthritis rises. Furthermore, the growing shift to minimally invasive procedures is expected to boost regional growth. In addition, the presence of a well-developed healthcare system in the United States is expected to stimulate the demand.
The market in the United Kingdom is projected to reach a valuation of USD 48 million by 2032. With a CAGR of 9.8% from 2022 to 2032, the market is expected to gross an absolute dollar opportunity of USD 29 million during the forecast period.
In Japan, the market is expected to reach USD 46 million by 2032. The market in the country is projected to gross an absolute dollar opportunity of USD 31 million during the forecast period, growing at a CAGR of 11.6%.
The market in South Korea is projected to witness an absolute dollar opportunity of USD 9.6 million during the forecast period. By 2032, the market in the country is likely to reach USD 17 million by 2032, growing at a CAGR of 8.5%.
The Low-Frequency pulsed electromagnetic field therapy devices market is expected to account for the highest CAGR of 8.8%. Low-frequency PEMF devices generate magnetic fields with frequencies that are medium-high but low in intensity. These devices may also be used to address hard tissues and delayed bone growth. Low-frequency PEMF devices are used to treat rheumatoid arthritis inflammation, pain, and impairments in a quick, non-invasive, and simple way. As a result, the use of low-frequency PEMF therapy devices for arthritis treatment is likely to drive growth.
Some of the players operating in the pulse electromagnetic field therapy devices market include Bedfont Scientific, Orthofix Holdings, Nuage Health, Bemer, Oxford Medical Instruments Health, OSKA, Medithera, NiuDeSai, and I-Tech Medical Division.
Some of the recent developments of key players in the Pulse Electromagnetic Field Therapy Devices Market are as follows:
Similarly, recent developments related to companies offering Pulse Electromagnetic Field Therapy Devices Market have been tracked by the team at Future Market Insights, which is available in the full report.
Table 1: Global Market Value (US$ million), By Component, 2017 to 2021
Table 2: Global Market Value (US$ million), By Component, 2022 to 2032
Table 3: Global Market Value (US$ million), By End-use, 2017 to 2021
Table 4: Global Market Value (US$ million), By End-use, 2022 to 2032
Table 5: Global Market Value (US$ million), By Application, 2017 to 2021
Table 6: Global Market Value (US$ million), By Application, 2022 to 2032
Table 7: Global Market, By Region, 2017 to 2021
Table 8: Global Market, By Region, 2022 to 2032
Table 9: North America Market Value (US$ million), By Component, 2017 to 2021
Table 10: North America Market Value (US$ million), By Component, 2022 to 2032
Table 11: North America Market Value (US$ million), By End-use, 2017 to 2021
Table 12: North America Market Value (US$ million), By End-use, 2022 to 2032
Table 13: North America Market Value (US$ million), By Application, 2017 to 2021
Table 14: North America Market Value (US$ million), By Application, 2022 to 2032
Table 15: North America Market, By Country, 2017 to 2021
Table 16: North America Market, By Country, 2022 to 2032
Table 17: Latin America Market Value (US$ million), By Component, 2017 to 2021
Table 18: Latin America Market Value (US$ million), By Component, 2022 to 2032
Table 19: Latin America Market Value (US$ million), By End-use, 2017 to 2021
Table 20: Latin America Market Value (US$ million), By End-use, 2022 to 2032
Table 21: Latin America Market Value (US$ million), By Application, 2017 to 2021
Table 22: Latin America Market Value (US$ million), By Application, 2022 to 2032
Table 23: Latin America Market, By Country, 2017 to 2021
Table 24: Latin America Market, By Country, 2022 to 2032
Table 25: Europe Market Value (US$ million), By Component, 2017 to 2021
Table 26: Europe Market Value (US$ million), By Component, 2022 to 2032
Table 27: Europe Market Value (US$ million), By End-use, 2017 to 2021
Table 28: Europe Market Value (US$ million), By End-use, 2022 to 2032
Table 29: Europe Market Value (US$ million), By Application, 2017 to 2021
Table 30: Europe Market Value (US$ million), By Application, 2022 to 2032
Table 31: Europe Market, By Country, 2017 to 2021
Table 32: Europe Market, By Country, 2022 to 2032
Table 33: APAC Market Value (US$ million), By Component, 2017 to 2021
Table 34: APAC Market Value (US$ million), By Component, 2022 to 2032
Table 35: APAC Market Value (US$ million), By End-use, 2017 to 2021
Table 36: APAC Market Value (US$ million), By End-use, 2022 to 2032
Table 37: APAC Market Value (US$ million), By Application, 2017 to 2021
Table 38: APAC Market Value (US$ million), By Application, 2022 to 2032
Table 39: APAC Market, By Country, 2017 to 2021
Table 40: APAC Market, By Country, 2022 to 2032
Table 41: MEA Market Value (US$ million), By Component, 2017 to 2021
Table 42: MEA Market Value (US$ million), By Component, 2022 to 2032
Table 43: MEA Market Value (US$ million), By End-use, 2017 to 2021
Table 44: MEA Market Value (US$ million), By End-use, 2022 to 2032
Table 45: MEA Market Value (US$ million), By Application, 2017 to 2021
Table 46: MEA Market Value (US$ million), By Application, 2022 to 2032
Table 47: MEA Market, By Country, 2017 to 2021
Table 48: MEA Market, By Country, 2022 to 2032
Table 49: Global Market Incremental $ Opportunity, By Component, 2017 to 2021
Table 50: Global Market Incremental $ Opportunity, By End-use, 2022 to 2032
Table 51: Global Market Incremental $ Opportunity, By Application, 2017 to 2021
Table 52: Global Market Incremental $ Opportunity, By Region, 2022 to 2032
Table 53: North America Market Incremental $ Opportunity, By Component, 2017 to 2021
Table 54: North America Market Incremental $ Opportunity, By End-use, 2022 to 2032
Table 55: North America Market Incremental $ Opportunity, By Application, 2017 to 2021
Table 56: North America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 57: Latin America Market Incremental $ Opportunity, By Component, 2017 to 2021
Table 58: Latin America Market Incremental $ Opportunity, By End-use, 2022 to 2032
Table 59: Latin America Market Incremental $ Opportunity, By Application, 2017 to 2021
Table 60: Latin America Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 61: Europe Market Incremental $ Opportunity, By Component, 2017 to 2021
Table 62: Europe Market Incremental $ Opportunity, By End-use, 2022 to 2032
Table 63: Europe Market Incremental $ Opportunity, By Application, 2017 to 2021
Table 64: Europe Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 65: APAC Market Incremental $ Opportunity, By Component, 2017 to 2021
Table 66: APAC Market Incremental $ Opportunity, By End-use, 2022 to 2032
Table 67: APAC Market Incremental $ Opportunity, By Application, 2017 to 2021
Table 68: APAC Market Incremental $ Opportunity, By Country, 2022 to 2032
Table 69: MEA Market Incremental $ Opportunity, By Component, 2017 to 2021
Table 70: MEA Market Incremental $ Opportunity, By End-use, 2022 to 2032
Table 71: MEA Market Incremental $ Opportunity, By Application, 2017 to 2021
Table 72: MEA Market Incremental $ Opportunity, By Country, 2022 to 2032
Figure 1: Global Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 2: Global Market Absolute $ Historical Gain (2017 to 2021) and Opportunity (2022 to 2032), US$ million
Figure 3: Global Market Share, By Component, 2022 to 2032
Figure 4: Global Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 5: Global Market Attractiveness Index, By Component - 2022 to 2032
Figure 6: Global Market Share, By End-use, 2022 to 2032
Figure 7: Global Market Y-o-Y Growth Projections, By End-use - 2022 to 2032
Figure 8: Global Market Attractiveness Index, By End-use - 2022 to 2032
Figure 9: Global Market Share, By Application, 2022 to 2032
Figure 10: Global Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 11: Global Market Attractiveness Index, By Application - 2022 to 2032
Figure 12: Global Market Share, By Region, 2022 to 2032
Figure 13: Global Market Y-o-Y Growth Projections, By Region - 2022 to 2032
Figure 14: Global Market Attractiveness Index, By Region - 2022 to 2032
Figure 15: North America Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 16: North America Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 17: North America Market Share, By Component, 2022 to 2032
Figure 18: North America Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 19: North America Market Attractiveness Index, By Component - 2022 to 2032
Figure 20: North America Market Share, By End-use, 2022 to 2032
Figure 21: North America Market Y-o-Y Growth Projections, By End-use - 2022 to 2032
Figure 22: North America Market Attractiveness Index, By End-use - 2022 to 2032
Figure 23: North America Market Share, By Application, 2022 to 2032
Figure 24: North America Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 25: North America Market Attractiveness Index, By Application - 2022 to 2032
Figure 26: North America Market Share, By Country, 2022 to 2032
Figure 27: North America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 28: North America Market Attractiveness Index, By Country - 2022 to 2032
Figure 29: Latin America Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 30: Latin America Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 31: Latin America Market Share, By Component, 2022 to 2032
Figure 32: Latin America Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 33: Latin America Market Attractiveness Index, By Component - 2022 to 2032
Figure 34: Latin America Market Share, By End-use, 2022 to 2032
Figure 35: Latin America Market Y-o-Y Growth Projections, By End-use - 2022 to 2032
Figure 36: Latin America Market Attractiveness Index, By End-use - 2022 to 2032
Figure 37: Latin America Market Share, By Application, 2022 to 2032
Figure 38: Latin America Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 39: Latin America Market Attractiveness Index, By Application - 2022 to 2032
Figure 40: Latin America Market Share, By Country, 2022 to 2032
Figure 41: Latin America Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 42: Latin America Market Attractiveness Index, By Country - 2022 to 2032
Figure 43: Europe Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 44: Europe Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 45: Europe Market Share, By Component, 2022 to 2032
Figure 46: Europe Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 47: Europe Market Attractiveness Index, By Component - 2022 to 2032
Figure 48: Europe Market Share, By End-use, 2022 to 2032
Figure 49: Europe Market Y-o-Y Growth Projections, By End-use - 2022 to 2032
Figure 50: Europe Market Attractiveness Index, By End-use - 2022 to 2032
Figure 51: Europe Market Share, By Application, 2022 to 2032
Figure 52: Europe Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 53: Europe Market Attractiveness Index, By Application - 2022 to 2032
Figure 54: Europe Market Share, By Country, 2022 to 2032
Figure 55: Europe Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 56: Europe Market Attractiveness Index, By Country - 2022 to 2032
Figure 57: MEA Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 58: MEA Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 59: MEA Market Share, By Component, 2022 to 2032
Figure 60: MEA Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 61: MEA Market Attractiveness Index, By Component - 2022 to 2032
Figure 62: MEA Market Share, By End-use, 2022 to 2032
Figure 63: MEA Market Y-o-Y Growth Projections, By End-use - 2022 to 2032
Figure 64: MEA Market Attractiveness Index, By End-use - 2022 to 2032
Figure 65: MEA Market Share, By Application, 2022 to 2032
Figure 66: MEA Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 67: MEA Market Attractiveness Index, By Application - 2022 to 2032
Figure 68: MEA Market Share, By Country, 2022 to 2032
Figure 69: MEA Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 70: MEA Market Attractiveness Index, By Country - 2022 to 2032
Figure 71: APAC Market Value (US$ million) and Year-on-Year Growth, 2017 to 2032
Figure 72: APAC Market Absolute $ Opportunity Historical (2017 to 2021) and Forecast Period (2022 to 2032), US$ million
Figure 73: APAC Market Share, By Component, 2022 to 2032
Figure 74: APAC Market Y-o-Y Growth Projections, By Component - 2022 to 2032
Figure 75: APAC Market Attractiveness Index, By Component - 2022 to 2032
Figure 76: APAC Market Share, By End-use, 2022 to 2032
Figure 77: APAC Market Y-o-Y Growth Projections, By End-use - 2022 to 2032
Figure 78: APAC Market Attractiveness Index, By End-use - 2022 to 2032
Figure 79: APAC Market Share, By Application, 2022 to 2032
Figure 80: APAC Market Y-o-Y Growth Projections, By Application - 2022 to 2032
Figure 81: APAC Market Attractiveness Index, By Application - 2022 to 2032
Figure 82: APAC Market Share, By Country, 2022 to 2032
Figure 83: APAC Market Y-o-Y Growth Projections, By Country - 2022 to 2032
Figure 84: APAC Market Attractiveness Index, By Country - 2022 to 2032
Figure 85: US Market Value (US$ million) and Forecast, 2022 to 2032
Figure 86: US Market Share, By Component, 2021
Figure 87: US Market Share, By End-use, 2021
Figure 88: US Market Share, By Application, 2021
Figure 89: Canada Market Value (US$ million) and Forecast, 2022 to 2032
Figure 90: Canada Market Share, By Component, 2021
Figure 91: Canada Market Share, By End-use, 2021
Figure 92: Canada Market Share, By Application, 2021
Figure 93: Brazil Market Value (US$ million) and Forecast, 2022 to 2032
Figure 94: Brazil Market Share, By Component, 2021
Figure 95: Brazil Market Share, By End-use, 2021
Figure 96: Brazil Market Share, By Application, 2021
Figure 97: Mexico Market Value (US$ million) and Forecast, 2022 to 2032
Figure 98: Mexico Market Share, By Component, 2021
Figure 99: Mexico Market Share, By End-use, 2021
Figure 100: Mexico Market Share, By Application, 2021
Figure 101: Germany Market Value (US$ million) and Forecast, 2022 to 2032
Figure 102: Germany Market Share, By Component, 2021
Figure 103: Germany Market Share, By End-use, 2021
Figure 104: Germany Market Share, By Application, 2021
Figure 105: United Kingdom Market Value (US$ million) and Forecast, 2022 to 2032
Figure 106: United Kingdom Market Share, By Component, 2021
Figure 107: United Kingdom Market Share, By End-use, 2021
Figure 108: United Kingdom Market Share, By Application, 2021
Figure 109: France Market Value (US$ million) and Forecast, 2022 to 2032
Figure 110: France Market Share, By Component, 2021
Figure 111: France Market Share, By End-use, 2021
Figure 112: France Market Share, By Application, 2021
Figure 113: Italy Market Value (US$ million) and Forecast, 2022 to 2032
Figure 114: Italy Market Share, By Component, 2021
Figure 115: Italy Market Share, By End-use, 2021
Figure 116: Italy Market Share, By Application, 2021
Figure 117: Netherlands Market Value (US$ million) and Forecast, 2022 to 2032
Figure 118: Netherlands Market Share, By Component, 2021
Figure 119: Netherlands Market Share, By End-use, 2021
Figure 120: Netherlands Market Share, By Application, 2021
Figure 121: Belgium Market Value (US$ million) and Forecast, 2022 to 2032
Figure 122: Belgium Market Share, By Component, 2021
Figure 123: Belgium Market Share, By End-use, 2021
Figure 124: Belgium Market Share, By Application, 2021
Figure 125: China Market Value (US$ million) and Forecast, 2022 to 2032
Figure 126: China Market Share, By Component, 2021
Figure 127: China Market Share, By End-use, 2021
Figure 128: China Market Share, By Application, 2021
Figure 129: Japan Market Value (US$ million) and Forecast, 2022 to 2032
Figure 130: Japan Market Share, By Component, 2021
Figure 131: Japan Market Share, By End-use, 2021
Figure 132: Japan Market Share, By Application, 2021
Figure 133: South Korea Market Value (US$ million) and Forecast, 2022 to 2032
Figure 134: South Korea Market Share, By Component, 2021
Figure 135: South Korea Market Share, By End-use, 2021
Figure 136: South Korea Market Share, By Application, 2021
Figure 137: Saudi Arabia Market Value (US$ million) and Forecast, 2022 to 2032
Figure 138: Saudi Arabia Market Share, By Component, 2021
Figure 139: Saudi Arabia Market Share, By End-use, 2021
Figure 140: Saudi Arabia Market Share, By Application, 2021
Figure 141: South Africa Market Value (US$ million) and Forecast, 2022 to 2032
Figure 142: South Africa Market Share, By Component, 2021
Figure 143: South Africa Market Share, By End-use, 2021
Figure 144: South Africa Market Share, By Application, 2021
Figure 145: Nigeria Market Value (US$ million) and Forecast, 2022 to 2032
Figure 146: Nigeria Market Share, By Component, 2021
Figure 147: Nigeria Market Share, By End-use, 2021
Figure 148: Nigeria Market Share, By Application, 2021
The global Pulse Electromagnetic Field Therapy Devices Market is worth more than USD 416.6 Million at present.
The value of the Pulse Electromagnetic Field Therapy Devices Market is projected to increase at a CAGR of around 8.6% during 2022 to 2032.
The value of the Pulse Electromagnetic Field Therapy Devices Market increased at a CAGR of around 7.8% from 2017 to 2021.
With a CAGR of 8.3% historically, Low-Frequency segment dominated the Pulse Electromagnetic Field Therapy Devices industry.
The top 5 countries driving demand for Pulse Electromagnetic Field Therapy Devices Market are the USA, the United Kingdom., China, Japan, and South Korea.
The Japanese market for Pulse Electromagnetic Field Therapy Devices is projected to expand at a CAGR of around 11.6% during 2022 to 2032.
While the market in South Korea is expected to grow at nearly 8.5%, the market in the United Kingdom is projected to register a CAGR of nearly 9.8% from 2022 to 2032.
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