Pulse Electromagnetic Field Therapy Devices Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 496.10 Million |
| Market Size (2029) | USD 754 Million |
| CAGR (2024 - 2029) | 8.73 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Pulse Electromagnetic Field Therapy Devices Market Analysis
The Pulse Electromagnetic Field Therapy Devices Market size is estimated at USD 496.10 million in 2024, and is expected to reach USD 754 million by 2029, growing at a CAGR of 8.73% during the forecast period (2024-2029).
Factors such as the increase in fracture cases due to accidents falls, and sports injuries, a rise in demand for pain relief devices for body pain indications, and technological advancements in the products are significantly enhancing the market growth.
The rising number of accidents, falls, and sports injuries drive the market growth. For instance, according to an article published in Cureus in August 2022, injuries to the myofascial and skin in competitive sports are an important cause of hospitalization and care. The hospitalization rates often vary depending on the anatomical area involved and the sport practiced. For example, hamstring injuries represent about 39% of all sports injuries, and groin injuries represent about 10% to 43% of the athletes involved in ice hockey. Thus, the high prevalence of sports-related injuries worldwide is expected to boost the market's growth.
Moreover, the rising number of car accidents is associated with traumatic fractures, which are expected to enhance the usage of PEMF therapy devices. For instance, according to the data published by Destatis in March 2023, over 23,000 people were injured in traffic accidents in Germany in January 2023. It has also been reported that this number increased by under 1,800, or 8%, compared with the same month a year earlier in January 2022. Similarly, according to the data published by the French Road Safety Observatory in June 2024, the number of injury accidents recorded by law enforcement in France was 3,398 in 2023. Thus, rising accidents and sports injuries are expected to boost market growth.
Also, the rising developments by key market players are expected to boost market growth. For instance, in January 2023, Orthofix Medical Inc., a leading pulse electromagnetic field therapy device manufacturer, announced its successful merger with SeaSpine Holdings Corporation. Moreover, in August 2022, PEMF Systems Inc. started a clinical study to measure the effectiveness of pulse electromagnetic fields (PEMF) as an adjunct wound care therapy. Thus, such developments are anticipated to contribute to the market growth.
Thus, the factors above, such as the rising accident and sports injuries and the increasing developments by key market players, are expected to enhance the market growth. However, the need for more understanding of the mechanism is expected to impede market growth.
Pulse Electromagnetic Field Therapy Devices Market Trends
The Hospitals and Clinics Segment is Expected to Hold a Significant Market Share
Pulse electromagnetic field therapy devices are mainly used in hospitals and clinics for patient recovery. The rising incidences of fractures due to accidents, sports injuries, falls from a certain height, and indications such as knee pain, joint pain, and arthritis are factors that drive the segment's growth.
For instance, as per the Sports Accident Statistics report updated by LegalMatch in August 2022, injuries to the anterior cruciate ligament (ACL) occur roughly 150,000 times every year in the United States. In addition, female basketball and soccer players had an ACL injury 2 to 8 times more frequently than other athletes. This prevalence of a high number of sports-related injuries in the region is expected to boost the demand for soft PEMF devices in hospitals and clinics.
Additionally, in May 2022, a study published in Acta Orthopedica Brasileira, the highest injury rates were in men’s indoor soccer (8.75 per 1,000 athlete exposure), men’s basketball (8.72 per 1,000 athlete exposure), and rugby (8.45 per 1,000 athlete exposure), with the increase in players in these sports, the injury rates will increase thus boosting the adoption of pulse electromagnetic field therapy devices and further contribute to the market growth.
Thus, the rising prevalence of accidents and sports injuries is expected to boost the segment's growth during the forecast period.
North America is Expected to Hold a Significant Share of the Market During the Forecast Period
The rising number of patients experiencing osteoporosis and osteoarthritis is projected to boost the demand for pulse electromagnetic field therapy devices in the region. Also, the rising sports injuries in the region and the increasing presence of key market players are expected to boost the market's growth in North America.
For instance, according to an article published by OTA International in June 2022, around 53 million Americans either carry a diagnosis of osteoporosis or are at risk for fracture due to decreased bone mass. Thus, the high prevalence of osteoporosis is expected to boost the usage of PEMF therapy devices.
The region's high prevalence of collisions and sports injuries is also expected to boost the market's growth. For instance, according to the data published in the Johns Hopkins Medicine journal in February 2023, about 30.0 million children and adolescents engage in organized sports, resulting in over 3.5 million injuries reported yearly in the United States. Thus, the high prevalence of sports injuries among adolescents boosts the need for pulse electromagnetic field therapy devices and drives the market growth in the region.
Similarly, according to an article published by SpringerLink in September 2022, a study was conducted in Canada, which showed a high rate of injuries among collision sport participants in Canadian high schools. The rates of injuries ranged from 12.7 injuries per 100 participants every year in rugby to 33.1 injuries per 100 participants every year in ice hockey. The prevalence rate for injuries to the head was 33.3%, 16.0% for the wrist or hand, 12.8% for the shoulder, and 12.0% for the knee. Thus, the region's high prevalence of collisions and sports injuries is expected to boost the adoption of PEMF therapy devices.
The increasing developments by key players are also enhancing the market's growth. For instance, in December 2023, Orthofix Medical Inc., a US company, published data that supports the utilization of pulse electromagnetic field (PEMF) stimulation as an adjunct therapy to lumbar spinal fusion procedures in patients with a risk of pseudarthrosis.
Thus, factors such as the rising prevalence of osteoporosis, the increasing collisions and sports injuries, and the key developments by market players are expected to boost the market's growth in North America.
Pulse Electromagnetic Field Therapy Devices Industry Overview
The pulse electromagnetic field therapy devices market is fragmented and consists of several major players. A few major players are currently dominating the market in terms of share. Some companies presently operating in the market are Bemer LLC, Orthofix Medical Inc., I-Tech Medical Division, Oska Pulse, Medithera, and NUAGE HEALTH DEVICES PVT. LTD, Oxford Medical Instruments Health Store, EarthPulse, Swiss Bionic Solutions, and Magnus Magnetica LLC.
Pulse Electromagnetic Field Therapy Devices Market Leaders
-
Bemer, LLC
-
Orthofix Medical Inc.
-
I-Tech Medical Division
-
Oska Pulse
-
Medithera
*Disclaimer: Major Players sorted in no particular order
Pulse Electromagnetic Field Therapy Devices Market News
- September 2023: Galvanize Therapeutics Inc. initiated the AFFINITY clinical study, which represented the safety and technical success of the Aliya Pulsed Electric Field (PEF) solution for the treatment of patients with stage IV non-small cell lung cancer (NSCLC).
- June 2023: NewMed introduced the Pulse Electromagnetic Field Device (PEMF) CELLER8. This device provides low to high-intensity ranges, enabling users to optimize cell health and PEMF sessions.
Pulse Electromagnetic Field Therapy Devices Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions and Market Definition
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
- 4.1 Market Overview
-
4.2 Market Drivers
- 4.2.1 Increase in Cases of Fractures Due to Accidents, Fall, and Sports Injuries
- 4.2.2 Increase in Demand for Pain Relief Devices for Body Pain Indications
- 4.2.3 Technological Advancements in the Products
-
4.3 Market Restraints
- 4.3.1 Lack of Understanding of the Mechanism
-
4.4 Porter's Five Forces Analysis
- 4.4.1 Threat of New Entrants
- 4.4.2 Bargaining Power of Buyers/Consumers
- 4.4.3 Bargaining Power of Suppliers
- 4.4.4 Threat of Substitute Products
- 4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION (Market Size by Value - USD)
-
5.1 By Device
- 5.1.1 High-frequency Devices
- 5.1.2 Mid-frequency Devices
- 5.1.3 Low-frequency Devices
-
5.2 By End User
- 5.2.1 Hospitals and Clinics
- 5.2.2 Homecare Settings
- 5.2.3 Other End Users
-
5.3 By Geography
- 5.3.1 North America
- 5.3.1.1 United States
- 5.3.1.2 Canada
- 5.3.1.3 Mexico
- 5.3.2 Europe
- 5.3.2.1 Germany
- 5.3.2.2 United Skingdom
- 5.3.2.3 France
- 5.3.2.4 Italy
- 5.3.2.5 Spain
- 5.3.2.6 Rest of Europe
- 5.3.3 Asia-Pacific
- 5.3.3.1 China
- 5.3.3.2 Japan
- 5.3.3.3 India
- 5.3.3.4 Australia
- 5.3.3.5 South Korea
- 5.3.3.6 Rest of Asia-Pacific
- 5.3.4 Rest of the World
6. COMPETITIVE LANDSCAPE
-
6.1 Company Profiles
- 6.1.1 Bemer LLC
- 6.1.2 Orthofix Medical Inc.
- 6.1.3 I-Tech Medical Division
- 6.1.4 Oska Pulse
- 6.1.5 Medithera
- 6.1.6 NUAGE HEALTH DEVICES PVT. LTD
- 6.1.7 Oxford Medical Instruments Health Store
- 6.1.8 EarthPulse
- 6.1.9 Swiss Bionic Solutions
- 6.1.10 Magnus Magnetica LLC
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject To AvailablityPulse Electromagnetic Field Therapy Devices Industry Segmentation
As per the scope of the report, pulse electromagnetic field therapy (PEMF therapy or PEMFT) is a safe and non-invasive way to minimize inflammation and pain. It uses electromagnetic fields to heal non-union fractures and depressions. The devices comprise various flat spiral cords that generate an even electromagnetic field and a frequency generator to energize the coils that result in a pulse electromagnetic field. It enhances the overall health and wellness of patients.
The pulse electromagnetic field therapy devices market is segmented by device, end user, and geography. The market is segmented into high-frequency, mid-frequency, and low-frequency devices. By end user, the market is segmented into hospitals and clinics, home care settings, and other end users. By geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. For each segment, the market size is provided in terms of USD value.
| By Device | High-frequency Devices | |
| Mid-frequency Devices | ||
| Low-frequency Devices | ||
| By End User | Hospitals and Clinics | |
| Homecare Settings | ||
| Other End Users | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| By Geography | Europe | Germany |
| United Skingdom | ||
| France | ||
| Italy | ||
| Spain | ||
| Rest of Europe | ||
| By Geography | Asia-Pacific | China |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| By Geography | Rest of the World |
Pulse Electromagnetic Field Therapy Devices Market Research FAQs
How big is the Pulse Electromagnetic Field Therapy Devices Market?
The Pulse Electromagnetic Field Therapy Devices Market size is expected to reach USD 496.10 million in 2024 and grow at a CAGR of 8.73% to reach USD 754 million by 2029.
What is the current Pulse Electromagnetic Field Therapy Devices Market size?
In 2024, the Pulse Electromagnetic Field Therapy Devices Market size is expected to reach USD 496.10 million.
Who are the key players in Pulse Electromagnetic Field Therapy Devices Market?
Bemer, LLC, Orthofix Medical Inc., I-Tech Medical Division, Oska Pulse and Medithera are the major companies operating in the Pulse Electromagnetic Field Therapy Devices Market.
Which is the fastest growing region in Pulse Electromagnetic Field Therapy Devices Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Pulse Electromagnetic Field Therapy Devices Market?
In 2024, the North America accounts for the largest market share in Pulse Electromagnetic Field Therapy Devices Market.
What years does this Pulse Electromagnetic Field Therapy Devices Market cover, and what was the market size in 2023?
In 2023, the Pulse Electromagnetic Field Therapy Devices Market size was estimated at USD 452.79 million. The report covers the Pulse Electromagnetic Field Therapy Devices Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Pulse Electromagnetic Field Therapy Devices Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Pulse Electromagnetic Field Therapy Devices Industry Report
Statistics for the 2024 Pulse Electromagnetic Field Therapy Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Pulse Electromagnetic Field Therapy Devices analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
