Pulse Electromagnetic Field Therapy Devices Market is set to Grow at a Remarkable Pace by 2032

The Pulse Electromagnetic Field Therapy Devices Market revenues were estimated at US$ 416.6 Million in 2021 and are anticipated to grow at a CAGR of 8.6% from 2022 to 2032, according to a recently published Future Market Insights report. By the end of 2032, the market is expected to reach US$ 1 Billion. The Low-Frequency pulse electromagnetic field therapy devices market is expected to account for the highest CAGR of 8.8%. Low-frequency PEMF devices are used to treat rheumatoid arthritis inflammation, pain, and impairments in a quick, non-invasive, and simple way.

According to the International Osteoporosis Foundation, osteoporosis results in 8.9 million fractures annually. Additionally, there are 1.6 million hip fractures worldwide each year, and between 4.5 and 6.3 million hip fractures are anticipated by 2050. As a result, as the incidence of osteoporosis increases, so will the demand for PEMF therapy devices.

Increased fractures from falls, accidents, and sports injuries, as well as poor road conditions in various nations, are some of the causes driving the market's expansion. A significant portion of people worldwide are affected by fractures brought on by sports-related injuries, accidents, falls from a particular height, and symptoms including arthritis, knee discomfort, and joint pain.

According to WHO figures, around 1.3 million people die each year because 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.

Pedestrians may become hurt by potholes, uneven pavement, fractured surfaces, and road cracking, all of which require medical attention. The danger of accidents and other injuries that might result in severe pain is also increased due to governments' lack of focus on enhancing road infrastructure, which drives up healthcare costs for individuals.

Competitive Landscape

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.

Browse More@ https://www.futuremarketinsights.com/reports/pulse-electromagnetic-field-therapy-devices-market

Market Segments Covered in Pulse Electromagnetic Field Therapy Devices Industry Analysis

By Component:

  • Low Frequency
  • High Frequency

By Application:

  • Bone Growth
  • Pain Management
  • Other Applications

By End-use:

  • Home Care Settings
  • Hospitals
  • Other End-uses 

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