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Pharmaceutical

Potential in Pain and Bone Treatment Applications Bolsters Prospects of Magnetic Therapy Devices Market: Fact.MR

New technological advancements in upcoming magnetic therapy devices such as introduction of microTesla magnetic field therapy and extremely low frequency magnetic field (ELF MF) based magnetic therapy, along with wide adoption for magnetic therapy devices among end users has reported to be a key driving factor for revenue growth in global magnetic therapy devices market. The introduction of home magnetic therapy devices is projected to be another primary factor driving growth of magnetic therapy devices market over the forecast years.

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Magnetic Therapy Devices Market: Segmentation

The global magnetic therapy devices market is classified on the basis of product type, magnetic field therapy type, application, end user and region.

Based on product type, magnetic therapy devices market is segmented into following:

  • Constant Energy Magnets
  • Pulsed Electro-Magnetic Field Energy

Based on magnetic field therapy type, magnetic therapy devices market is segmented into following:

  • microTesla Magnetic Field Therapy
  • Extremely Low Frequency Magnetic Field (ELF MF) Therapy

Based on application, magnetic therapy devices market is segmented into following:

  • Multiple Sclerosis
  • Scalp Acupuncture
  • Pain Management
  • Arthritis
  • Soft Tissue Injuries
  • Bone Fracture Healing
  • Others

Based on end user, magnetic therapy devices market is segmented into following:

  • Hospitals
  • Specialty Clinics
  • Homecare Settings

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Magnetic Therapy Devices Market: Key Players

Some of the key magnetic therapy devices manufacturers present across the globe are EMD Medical Technologies, Iskra Medical d.o.o., Curatronic Ltd., Swiss Bionic Solutions Holding GmbH, BEMER and others.

Magnetic Therapy Devices Market: Regional Overview

Among the regional presence, North America is projected to be most lucrative market for magnetic therapy devices due to growing prevalence of various diseases such as arthritis and ever increasing patient pool opting for advanced pain management solutions. Europe followed by East Asia is anticipated to be second largest revenue generating market for magnetic therapy devices due to presence of high number of regional device manufacturers along with advanced healthcare infrastructure in the region. Also, North America and Europe cumulatively accounts for a significant revenue share in magnetic therapy devices market due to favorable regulatory scenario present in the region for approval of magnetic medical devices. Middle East and Africa therefore is expected to register sluggish growth in magnetic therapy devices owing to poor adoption for magnetic therapy treatment procedures over conventional medications.

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Categories
Pharmaceutical

Magnetic Therapy Devices Market to Reap Excessive Revenues through 2021-2031; Introduction of New Micro Tesla Magnetic Field Therapy to Fuel Market Growth

250 Pages Magnetic Therapy Devices Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

Magnet therapy generally uses a magnetic plate placed on the surface of point or around meridians in order to treat particular disease. The magnetic therapy devices are used to treat various disease indications including multiple sclerosis, arthritis, soft tissue injuries, healing bone fractures and pain management. According to the results obtained from studies conducted to scientifically validate magnetic therapy sessions and treatments, it has been reported that about 90% of patients show significant improvement in their ailments. The fact that magnetic therapy devices are highly compatible with the traditional medicine in order to treat various indications and most commonly in pain management. This creates further opportunities for the new manufacturers to increase their production capacity for advanced magnetic therapy devices in developing countries in order to pose levelled competition to already existing key players in magnetic therapy devices market.

The latest report by “Fact.MR, A Market Research and Competitive Intelligence Provider” tracks Magnetic Therapy Devices Demand and Sales in over 20 countries, highlighting the variance and unique set of conditions that are unique to every market. The report examines the Magnetic Therapy Devices market key trends, growth opportunities and Magnetic Therapy Devices market size and share. The study analyzes Magnetic Therapy Devices market key trends that are currently determining the overall growth.

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Magnetic Therapy Devices Market: Segmentation

The global magnetic therapy devices market is classified on the basis of product type, magnetic field therapy type, application, end user and region.

Based on product type, magnetic therapy devices market is segmented into following:

  • Constant Energy Magnets
  • Pulsed Electro-Magnetic Field Energy

Based on magnetic field therapy type, magnetic therapy devices market is segmented into following:

  • microTesla Magnetic Field Therapy
  • Extremely Low Frequency Magnetic Field (ELF MF) Therapy

Based on application, magnetic therapy devices market is segmented into following:

  • Multiple Sclerosis
  • Scalp Acupuncture
  • Pain Management
  • Arthritis
  • Soft Tissue Injuries
  • Bone Fracture Healing
  • Others

Based on end user, magnetic therapy devices market is segmented into following:

  • Hospitals
  • Specialty Clinics
  • Homecare Settings

Magnetic Therapy Devices Market: Key Players

Some of the key magnetic therapy devices manufacturers present across the globe are EMD Medical Technologies, Iskra Medical d.o.o., Curatronic Ltd., Swiss Bionic Solutions Holding GmbH, BEMER and others.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.

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Essential Takeaways from the Market Report

  • Comparison of prominent players operating in the market.
  • Identification of Magnetic Therapy Devices market drivers, restraints and other forces impacting the global Market
  • Recent developments and key strategies adopted by market players.
  • Study of the micro and macro-economic growth indicators.
  • Impact of the various factors on the value chain of the market.
  • Evaluation of current Magnetic Therapy Devices market size and forecast and technological advancements within the industry.

Key questions answered in Magnetic Therapy Devices Market Survey Report:

  1. What is the current scenario and key trends in Magnetic Therapy Devices Market?
  2. What are the key strategies companies are adopting to increase their consumer base?
  3. What are the key categories within the Magnetic Therapy Devices segments and their future potential?
  4. What are the major Magnetic Therapy Devices Market drivers and their expected impact during the short, medium, and long terms?
  5. What is the Magnetic Therapy Devices Market size and what are the opportunities for the key players?

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The Report Covers Exhaustive Analysis On:

  • Magnetic Therapy Devices Market Drivers, Segments and Restraints.
  • Magnetic Therapy Devices Market Survey and Dynamics
  • Magnetic Therapy Devices Market Size & Demand
  • Magnetic Therapy Devices Key Trends/Issues/Challenges
  • Magnetic Therapy Devices Sales, Competition & Companies involved

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About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates