What is the expected growth of the PEMF therapy device market?
The PEMF therapy device market is projected to grow at a compound annual growth rate (CAGR) of 7.8% from 2023 to 2030, driven by factors like rising awareness, geriatric population, and sports injuries.
Which region is the largest market for PEMF therapy devices?
North America is currently the largest market for PEMF therapy devices due to the presence of key players and high prevalence of sports injuries.
Who are some of the major players in the PEMF therapy device market?
Oxford Medical Instruments Health Store, Nuage Health, Orthofix Holdings, Inc., I-Tech Medical Division, and Pulsed Energy Technologies LLC are some of the leading players in the global PEMF therapy device market.
What are the key applications of PEMF therapy devices?
PEMF therapy devices are used for various applications, including bone growth, pain relief, wound healing, and tissue regeneration.