Pulse Electromagnetic Field Therapy Devices Market Advancements and Technological developments by 2032

A recently published report by Future Market Insights estimated the revenues of the Pulse Electromagnetic Field Therapy Devices Market to be US$ US$ 452.4 million in 2022, with an anticipated CAGR of 8.6% from 2022 to 2032. The market is expected to reach US$ 1 Billion by the end of 2032, with the Low-Frequency pulse electromagnetic field therapy devices market exhibiting the highest CAGR of 8.8%. Low-frequency PEMF devices provide quick, non-invasive, and simple treatment for rheumatoid arthritis inflammation, pain, and impairments.

Osteoporosis results in 8.9 million fractures annually, according to the International Osteoporosis Foundation, with 1.6 million hip fractures worldwide each year, and an estimated 4.5 to 6.3 million hip fractures by 2050. This indicates an increasing demand for PEMF therapy devices as the incidence of osteoporosis rises.

The market's expansion is being driven by increased fractures from falls, accidents, sports injuries, and poor road conditions in various countries. A significant portion of the global population is affected by fractures caused by sports-related injuries, accidents, falls from a particular height, arthritis, knee discomfort, and joint pain.

According to WHO figures, approximately 1.3 million people die each year due to traffic accidents, with low- and middle-income countries accounting for the majority of global traffic fatalities. Poorly maintained roads can lead to various injuries and pain in different body areas, with pedestrians being at risk from potholes, uneven pavement, fractured surfaces, and road cracking. Governments' lack of focus on improving road infrastructure increases the risk of accidents and other injuries that may result in severe pain, driving 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.

Get More Insights@ 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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