Diathermy Equipment Market Size by Product Type, Application, End-User, Region – Segment-Level Market Assessment, Growth Opportunity Analysis, Competitive Mapping & Forecast to 2029
Overview
Diathermy Equipment Market size is expected to grow at a CAGR of 9.80% throughout the forecast period, reaching nearly US$ 7.23 Bn. by 2029.
Diathermy Equipment Definition:
Diathermy is a treatment most commonly prescribed for muscle and joint conditions. It uses a high-frequency electric current to stimulate heat generation within body tissues. The heat can help with various processes, including increasing blood flow, relieving pain, and improving the mobility of tissues as they heal.
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Diathermy Equipment Market Dynamics:
The design of medical diathermy equipment according to Good Manufacturing Practices (GMP) and product innovations are led to drive the global market. Recent investigations involving medical devices have bought increased attention to the medical diathermy equipment. The increasing prevalence of muscle and bone-related disorders and positive outcomes of physiotherapy in the patients are driving the global market. For the last 40 years, diathermy equipment has the increasing demand in physiotherapy and clinics around the world.
Intelect SWD 100 is the big giant in the global market and put efforts to develop the best diathermy equipments and helps healthcare professionals in the patient’s treatment and care. The production of various electromagnetic range diathermy types of equipment is chosen by physiotherapist according to patients conditions and increases the efficiency of treatments.
Most commonly stated that across the globe nearly 67% of the surgeons make use of diathermy equipment in neurosurgeries and ortho surgeries. A 22% of surgeons failed to identify any risks associated with diathermy usage during surgical procedures. The lack of maintenance of shortwave diathermy equipment has a negative impact on the global diathermy equipment market.
Diathermy Equipment Market Segment Analysis:
The report groups the Global Diathermy Equipment Market in different segments By Product Type, Application, End-User and Region to forecast the revenues and analyze the market share of each segment over the forecast period.
Based on Product Type, the Global Diathermy Equipment Market is segmented into Microwave, Shortwave and Ultrawave. Microwave penetrates more deeply than infrared rays but not deeply as short wave diathermy. The efficient microwave range of heat rays transmissions is the preferred choice of patients globally. The microwave diathermy is preferable to traumatic and inflammatory lesions, which are results in the release of pain and muscle spasm.
The growing demand for microwave diathermy machines for their use in physiotherapy departments in clinics and hospitals commends the largest share xx% of the segment in the global market. The positive efficacy of microwave diathermy in promoting nerve regeneration in animal models leads to giving encouragement for further study. The growing interest of clinicians in the use of diathermy for peripheral nerve injury in humans has driven the global market.
Physical Therapy commended the largest share of xx% in the global market.
Standing efforts of the physical therapy by diathermy types of equipment are contributed the largest share of the segment in the global market. Sars-cov virus that caused the covid-19 pandemic isn’t going away anytime soon. In 2021, many people will still be reluctant to attend “offline” physiotherapy sessions to avoid getting infected with the virus, so there will be continuous high demand for online physical therapy sessions. Even when the pandemic is over, remote physical therapy will be popular because it is incredibly convenient.
Changes in physical therapy reimbursement
The initiative of healthcare companies and their focus towards business expansion leads to the development of diathermy equipment, especially for physical therapies. The focus of professionals on the research and development of the more excellent ways to treat more patients in less time is to foster the global diathermy equipment market.
Diathermy Equipment Market Regional Insights:
North America is anticipated to hold the largest share of xx% in the global Diathermy Equipment market.
The Group of scientists was rated as effective and preferred equipment uses for chronic osteoarthritis, polyarthritis, and non-specific arthritis leading the global market in North America. Ongoing evaluation of newly developing diathermy equipment and study on the efficacy of the equipment in the diathermy procedures are driving the global market. It is observed that the North American countries like the U.S., Canada and Mexico the population above the age of 18 to 25 and also peoples above the age of 65 are mainly suffering from musculoskeletal diseases.
BTL is the major player in the manufacturing of physiotherapy, cardiology & Spirometer, Respirators and Traction therapy types of equipment. The supply chain maintenance of these products and availability of these products in the healthcare centres ample the global diathermy equipment in North America.
The objective of the report is to present a comprehensive analysis of the Global Diathermy Equipment Market to the stakeholders in the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Diathermy Equipment Market dynamics, structure by analyzing the market segments and projects the Global Diathermy Equipment Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Global Diathermy Equipment Market make the report investor’s guide.
Diathermy Equipment Market Scope: Inquire before buying
| Global Diathermy Equipment Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2021 | Forecast Period: | 2022-2029 |
| Historical Data: | 2017 to 2021 | Market Size in 2021: | US$ 3.42 Bn. |
| Forecast Period 2022 to 2029 CAGR: | 9.80% | Market Size in 2029: | US$ 7.23 Bn. |
| Segments Covered: | by Product Type | • Microwave • Shortwave |
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| by Application | • Physical Therapy • Electro Surgery • Refractive Surgery • Keratoplasty |
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| by End-User | • Hospitals • Clinics • Physiotherapy Centers • Others |
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Diathermy Equipment Market, by Region
• North America
• Europe
• Middle East & Africa
• Asia Pacific
• Latin America
Diathermy Equipment Market Key Players
• Physio International
• Pioneer Health Care
• Schiller Healthcare India
• Tri Tech
• Medcorp India
• Micro Electronics Medicines
• Zhejiang Jinhua Huatong Medical Appliance Co.
• Nanjing Fuzhong Medical High-Tech. Co.
• United Medical Appliances
• Life Care Systems
• Sunshine Medical Equipment
• Sometech Inc.
• Beijing Greenland Science & Technology Developments
• Spark Meditech
Frequently Asked Questions:
1. Which region has the largest share in Global Diathermy Equipment Market?
Ans: North America region holds the highest share in 2021.
2. What is the growth rate of Global Diathermy Equipment Market?
Ans: The Global Diathermy Equipment Market is growing at a CAGR of 9.80% during forecasting period 2022-2029.
3. What is scope of the Global Diathermy Equipment market report?
Ans: Global Diathermy Equipment Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Diathermy Equipment market?
Ans: The important key players in the Global Diathermy Equipment Market are – Physio International, Pioneer Health Care, Schiller Healthcare India, Tri Tech, Medcorp India, Micro Electronics Medicines, Zhejiang Jinhua Huatong Medical Appliance Co., Nanjing Fuzhong Medical High-Tech. Co., United Medical Appliances, Life Care Systems, Sunshine Medical Equipment, Sometech Inc., Beijing Greenland Science & Technology Developments, and Spark Meditech
5. What is the study period of this market?
Ans: The Global Diathermy Equipment Market is studied from 2021 to 2029.