Low-Powered Pulsed Electromagnetic Field Therapy Devices Market Current Trends and Future Prospective 2031

Pulsed electromagnetic field therapy devices, employs electromagnetic fields to heal nonunion and complex fractures, brain tumors, sleep. performance enhancement, anti-depression and pain reduction and depression. Pulsed electromagnetic field therapy devices constitute several flat spiral coils which generate an even electromagnetic field and a frequency generator to energize the coils which results in a pulsed electromagnetic field. Pulsed electromagnetic field therapy devices devices resemble yoga mats and are marketed as as "general wellness products".

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Pulsed Electromagnetic Field Therapy Devices Market: Drivers and Restraints

The rising wellness market coupled with the growing expenditure and acceptance of alternative therapy is the prime mover of the pulsed electromagnetic field therapy devices market. The growing awareness and the complimentary influence of yoga, and alternative therapies is generating a large demand for the pulsed electromagnetic field therapy devices market. The large economic burden coupled with the large prevalence of non-union fractures which account for almost 12 % of the total fracture cases is driving a large adoption of pulsed electromagnetic field therapy devices.

The growing geriatric population, increase in risk factors associated with fractures such as accidents, falls, growing sports culture are the demographic drivers of the market. The number of people aged 60 years or older is expected to rise from 900 million to 2 billion between 2015 and 2050, representing a growth from 12% to 22% of the total global population, according to recent World Health Organization report.

However psychometric factors such as lifestyle changes, growing popularity of wellness, influence of media and peer group pressure are achieving greater weightage in the adoption of the pulsed electromagnetic field therapy devices market. The growing incomes of women is a strong determinant of the pulsed electromagnetic field therapy devices market as fractures and diseases such as osteoporosis affect women disproportionately as compared to men. The rising ecommerce industry and the emergence of self-claimed learned customers is expected to drive a large volume of sales of the pulsed electromagnetic field therapy devices.

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Advancements in technology such as development of miniaturized, narrow pulsed electromagnetic field therapy devices using advanced materials, automated patterns of varying pulsed electromagnetic field, remote operations by integration with mobile devices and others are appealing to the customer tastes, which is further charging the pulsed electromagnetic field therapy devices market. Thus product development represents the largest market opportunity and many players are launching ergonomic products.

However the pulsed electromagnetic field therapy devices market is constrained by the poor experimental validation and the lack of understanding of the mechanism of the bone healing effect achieved by pulsed electromagnetic field therapy. The inconclusive and insufficient evidence coupled with the lack of support from the main line clinical practice professionals has greatly limited the application of the pulsed electromagnetic field therapy devices. Pulsed electromagnetic field therapy devices are approved by the FDA. However pulsed electromagnetic field therapy devices need to be marketed as as wellness products and are restrained from making claims of effectiveness for treatment of diseases, laying them open to criticism as superficial externalities, and pseudoscience.

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The high pressure on pricing owing to large market fragmentation and the high volume & low-value nature of the pulsed electromagnetic field therapy devices market, which makes price a very significant value proposition for the pulsed electromagnetic field therapy devices market. Close collaboration with wellness clinics coupled with large advertisement and marketing is crucial as they have the highest influence on the buying decision. Shelf-positioning is an extremely important which drives the importance of close collaboration with retailers. Companies are also developing specialized franchise to develop a brand image and boost customer loyalty.

Pulsed Electromagnetic Field Therapy Devices Market: Segmentation

To gain a comprehensive and a better understanding of the future market equity, the pulsed electromagnetic field therapy devices report is segmented by power, waveform, end user, distribution channel and region.

Based on power, the global smart asthma management devices market is segmented into the following:
• Low-Powered Devices
• High-Powered Therapy Devices

Based on waveform, the global pulsed electromagnetic field therapy devices market is segmented into:
• Square
• Saw Tooth
• Sine
• Trapezoidal

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Based on end user, the global pulsed electromagnetic field therapy devices market is segmented into:
• Hospitals
• Wellness Clinics
• Home Care Settings

Based on distribution channel, the global pulsed electromagnetic field therapy devices market is segmented into:
• Online Stores
• Retail Stores

Some of the major players in the global pulsed electromagnetic field therapy devices market are EarthPulse, SEDONA Wellness LTD., Bedfont Scientific Ltd., Innovative Medicine, LLC., ONDAMED, Orthofix Holdings, Inc., Pulse Centers, Curatronic, Oxford Medical Instruments, Pulsed Energy Technologies LLC., SomniResonance, Curatronic Ltd., MediCrystal and others.

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