Electrotherapy Market Size, Growth Opportunities, Revenue Share Analysis, and Forecast To 2028

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According to Emergen Research’s latest analysis, the global electrotherapy market is expected to reach USD 1.30 billion by 2028 and grow at a steady CAGR during the forecast period. Rapid advancements in healthcare technology, rising adoption of electrotherapy units for sports injuries, an ageing population, and an increase in the prevalence of chronic pain syndrome are some of the key factors driving revenue growth in the global electrotherapy market. Electrotherapy is a painless and non-invasive pain management treatment. Electrotherapy systems are made up of a battery-powered unit that is wired to electrode pads. Electrode pads are placed on the affected area for this therapy process, and the system delivers small or low-intensity electrical impulses to the skin via the electrode pads.

The electrotherapy system is used in ion-therapy, motor stimulation, and pain therapy. Electrotherapy systems are used in neuromuscular diseases to support voluntary movement and muscle building by activating muscle systems and neuro-facilitation. To assist with surgical procedures, an electrotherapy system can be used at home.

Electrotherapy, in particular, employs energy waves from the electromagnetic spectrum to alter the body’s physiological and chemical output. The electrotherapy system is primarily used to treat chronic pain associated with post-surgical incisions, arthritis, and back and neck pains, as well as fractures.

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Competitive Landscape:

Medtronic Plc., AliMed, Inc., St. Jude Medical Inc., Cogentix Medical, Inc., Zynex Medical, NeuroMetrix Inc., DJO Global Inc., Cyberonics Inc., Nevro Corp., and Boston Scientific Corp.

Further Key Findings in the Report:

In January 2018, Omron Healthcare introduced its first-ever TENS (Transcutaneous Electrical Nerve Stimulation) unit, named Avail. This wireless unit manages acute and chronic pain syndrome and can be operated through Omron’s mobile application.

Transcutaneous Electrical Nerve Stimulation (TENS) segment accounted for significantly high revenue share contribution to the global electrotherapy market in 2020. The segment is also expected to register a robust CAGR during forecast period. Transcutaneous electrical nerve stimulation systems are used to treat chronic and nerve pain.

The market in Europe accounted for a robust double-digit revenue share contribution to the global market in 2020. Key factors such as technological advancements and rising adoption of electrotherapy treatment for pain management are driving revenue growth of the market in this region.

Emergen Research has segmented the global electrotherapy market based on treatment type, application, end-use, and region:

Treatment Type Outlook (Revenue: USD Billion; 2020–2028)

Transcutaneous Spinal Electro analgesia (TSE)

Interferential Current Therapy (IC)

Pulsed Short Wave Diathermy (PSWD)

Transcutaneous Electrical Nerve Stimulation (TENS)

Spinal Cord Stimulation (SCS)

Electro-Acupuncture (EA)

Percutaneous Electrical Nerve Stimulation (PENS)

Others

Application Outlook (Revenue: USD Billion; 2020–2028)

Sports Injury

Neuromuscular Dysfunction

Tissue Repair

Urine and Fecal Incontinence

Iontophoresis

Pain Management

Acute and Chronic Edema

End-Use Outlook (Revenue: USD Billion; 2020–2028)

Rehabilitation Centers

Long-term Care Centers

Clinics

Hospitals

Others

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Regional Segmentation

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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