According to a new report published by KD Market Insights, titled, “Electromyography Devices Market Insights, Trends, Opportunity & Forecast, 2023–2032,” the global electromyography devices market size is anticipated to witness moderate growth during the forecast period i.e., 2023-2032. The advent of smart technology integration in electromyography devices, The use of EMG devices is increasingly popular in the sports and fitness industry, increasing healthcare expenditure and the growing awareness about neurological disorders, rising demand for minimally invasive diagnostic procedures and the need for accurate diagnosis and treatment and increasing prevalence of neurological disorders and the growing geriatric population which are the major factors augmenting the growth of the global electromyography devices market. The global electromyography devices market is anticipated to grow at a high CAGR of 7.9% from 2023 to 2032. The market's revenue surged to $848 million in 2022, and it is expected to further accelerate, reaching a notable $1813.8 million by 2032.
The growing prevalence of neurological problems and the growing geriatric population, are further expected to create ample growth opportunities for the global electromyography devices market during the forecast period i.e., 2023-2032. Moreover, the rising demand for minimally invasive diagnostic techniques and the want for precise diagnosis and remedy tracking, has propelled market expansion. The use of EMG gadgets is increasingly eminent in the sports and fitness industry, is expected to contribute towards the market growth during the period.
The North America region accounted for the largest share in the global electromyography devices market in 2022. The region is further projected to continue dominating in the market during the forecast period. This can be attributed to the high prevalence of neurological disorders and presence of key market players.
According to product type, the stationary EMG Systems segment accounted for the largest market share in the electromyography devices market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
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The global electromyography devices market is segmented into product type, study type, end-users and region. Based on product type, the market is bifurcated into stationary EMG systems, portable EMG systems. Based on study type, it is classified into nerve conduction, needle electrode examination (NEE). Based on end-users, it is classified into clinics, hospitals, others.
The global electromyography devices market is analyzed across North America (U.S. & Canada), Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Australia, New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America) and Middle East & Africa (GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, and Rest of Middle East & Africa).
Key Insights of Electromyography devices Market
- On the basis of product type, the stationary EMG Systems segment accounted for the largest market share in the electromyography devices market in 2022 and is further expected to continue with the trend during the forecast period i.e., 2023 – 2032.
- On the basis of region, North America accounted for the largest share in the global electromyography devices market in 2022. The region is further projected to continue dominating in the market during the forecast period.
- On the basis of region, Europe is estimated to account for the second largest share in the market during the forecast period.
Some of the major electromyography devices companies profiled in the report include IDscan Biometrics, Clarity Medical, Noraxon USA, Cometa SRL, Compumedics, Cadwell Industries, Natus Medical, AD Instruments, Nihon Kohden, Medtronic.
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