Electrotherapy System Market
                     Electrotherapy System Market- Size, Share, Outlook, and Opportunity Analysis, 
2020- 2027
Electrotherapy system includes medical devices, which are used in management 
of chronic pain, wound healing, neuromuscular disorders, musculoskeletal 
disorders, and others. Electrotherapy works by relaxing the muscles, preventing 
and retarding disuse atrophy, and muscle rehabilitation. It is used by athletic 
trainers and therapists to treat athletic injuries. Moreover, in neuromuscular 
disorders, electrotherapy is used to support voluntary movement and build 
muscles through activation of muscle systems and neuromuscular facilitation.
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Key manufacturers such as Innovative Neurological Devices, Medtronic Plc. and
others  are  focusing  on  extensive  research  and  development  and  gaining
regulatory approvals for their products. For instance, in March 2019, Innovative
Neurological  Devices  received the  U.S.  Food and Drug Administration  (FDA)
approval for CERVELLA, a cranial electrotherapy stimulator for treating anxiety,
insomnia, and depression.
In  September  2018,  Medtronic  Plc.  announced  the  U.S.  Food  and  Drug
Administration approval  of  Intellis  Platform, a spinal  cord stimulation used for
managing different types of chronic intractable pain.Moreover, in July 2013, DJO
Global  received  the  U.S.  Food  and  Drug  Administration  approval  for  Empi
Phoenix,  it  is  used  in  patients  undergoing  anterior  cruciate  ligament  (ACL)
reconstruction, and total knee arthroplasty to avoid muscle atrophy. The device
also helps in reducing swelling, and pain management.
The electrotherapy system market has been witnessing high demand which has
led to the development of  innovative electrotherapy systems. For instance,  in
September  2017,  CEFALY  Technology  received  the  U.S.  Food  and  Drug
Administration approval for CEFALY, a medical device used for acute treatment
of  migraine  in  patients’  aged  18  years  and  above.  CEFALY  is  an  external
trigeminal  nerve  stimulator  (e-TNS)  approved  for  use  in  migraine  under
prescription.
Increasing incidence of neuromuscular disorders, owing to increasing problems
such  as  weakening  of  muscle  and  nerves  is  expected  to  drive  global
electrotherapy system market growth. For instance, in 2015, the National Center
for  Biotechnology  Information  (NCBI)  reported  incidence  rates  for  several
neuromuscular disorders, which ranged from 0.05 to 9 per 100,000 population
per year.
Moreover, increasing prevalence of migraine worldwide is expected to be a key
factor  driving  the  global  electrotherapy  system  market  growth.  For  instance,
according to the National Center for Biotechnology Information (NCBI), in 2016,
the global  prevalence of  migraine was 14.7% (1 out  of  7  people).The global
electrotherapy system market size was valued at US$ 891.3 Mn in 2018 and is
expected to witness a CAGR of 4.6% over the forecast period, (2019 – 2027).
North  America  is  expected  to  hold  the  dominant  position  in  the  global
electrotherapy  system  market,  owing  to  presence  of  key  players  such  as
Medtronic  Plc.,  DJO  Global  Inc.,  Nevro  Corporation,  Cyberonics,  Inc,,  and
others.Furthermore,  the  Europe  electrotherapy  system market  is  expected  to
grow over the forecast period due to rising prevalence of chronic pain conditions,
and neuromuscular diseases
Factors  restraining  the  growth  of  global  electrotherapy  system  market  are
availability  of  alternative  treatment  such  as,  drug  treatment  for  chronic  pain
condition  and  neuromuscular  disorders.  There  are  few  side  effects  of
electrotherapy system such as skin irritation, rashes caused by adhesives used
for electrodes, or the tape used for holding the electrodes in place, while over
usage of electrotherapy system causes burning sensation in skin.
Key Players
Key  players  operating  in  the  global  electrotherapy  system  market  include
Medtronic Plc., Zealmax Innovation Pvt Ltd, Zynex, Inc., DJO Global Inc., Nevro
Corporation, Cyberonics, Inc.,  BTL Industries Inc.,  EMS Physio Ltd, STYMCO
Technologies LLC, and Omron Healthcare Inc.
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