Medical Devices & Consumables / EMG Biosensors Market - Global Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions And By Key Players: Biometrics Ltd., Delsys Incorporated, Butler Technologies, EB Neuro S.p.A
EMG Biosensors Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Biometrics Ltd., Delsys Incorporated, Butler Technologies, EB Neuro S.p.A
The global EMG Biosensors market is expected to grow at a CAGR of 7.1% during the forecast period 2022 – 2027.
EMG Biosensors Market Overview
EMG, or electromyography, is a diagnostic technique used to assess the condition of the motor neurons, the nerve cells that regulate the muscles. The rising incidence of neuromuscular disorders such multiple sclerosis, rheumatoid arthritis, and muscular dystrophy is responsible for the market's expansion. The World Health Organization (WHO) estimates that 1.71 billion individuals worldwide suffer from musculoskeletal problems. Additionally, older people are more likely to experience muscular problems, which is why it is projected that the expanding geriatric population would foster market expansion. Additionally, it is projected that the market would rise as a result of medical professionals adopting minimally invasive surgery more frequently and the expansion of the health care system. According to World Bank figures, healthcare accounted for 9.845% of GDP in 2019. Additionally, increasing consumer awareness of early diagnosis and screening is anticipated to fuel market expansion.
Another important element propelling this market forward is the rising awareness of continuous health monitoring. The players are starting to take greater interest in this lately. Many sportsmen utilize EMG biosensors to continuously monitor their health and alert them to any issues. Biosensor technology has been incorporated into smart bands, smart watches, and smart rings as a result of technical improvements, enabling continuous 24/7 monitoring of health metrics while on the go. Despite the possibility of new opportunities, data accuracy is an issue that could have a detrimental effect on the market.
Industry News and Updates
November 1, 2019:Sysmex and OPTiM Jointly Establish New Company to Plan, Develop and Operate Medical AI and IoT Open Platforms and Digital Transformation Solutions --
SYSMEX CORPORATION AND OPTIM CORPORATION JOINTLY ESTABLISHED AND BEGAN CONDUCTING OPERATIONS AT D’PULA MEDICAL SOLUTIONS CORPORATION ON JUNE 1, 2020. THE COMPANY IS IN CHARGE OF PLANNING, DEVELOPING, AND OPERATING SOLUTION SERVICES THAT LEVERAGE OPEN PLATFORMS AND APPLICATIONS RELATED TO DIGITAL MEDICINE.
What are the major Applications, Types and Regions for EMG Biosensors Market?
Market is segmented based on the type, applications, companies and regions.
By Type, it is segmented into
Surface Biosensors
Intramuscular Biosensors
By Application, it is segmented into
Hospitals and Clinics
Ambulatory Health Clinics
Academic and Research Centres
EMG Biosensors Market Regional Analysis
The market in North America is expected to have the greatest market share throughout the forecast period, owing to increased health-consciousness in the region and rising healthcare expenditure. The American Medical Association estimates that in 2020, health spending in the U.S. will have increased by about 9.7%. Health spending was estimated to account for 19.7% of GDP in 2020, compared to 17.6% of GDP in 2019. The market in the Asia Pacific region is anticipated to expand significantly over the projected period as a result of rising healthcare facility improvement spending. Additionally, it is predicted that the region's growing senior population will accelerate market growth. The South Asia area has more than 114,192,911 people over the age of 65 in 2020, per statistics from the World Bank.
North America
US
Canada
Europe
Germany
France
UK
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Rest of the World
Middle East & Africa
Latin America
The EMG Biosensors Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global EMG Biosensors Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Yes, the report can be customized as per your needs
Key Takeaways from this EMG Biosensors Market Report
Evaluate EMG Biosensors market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
Understand the different dynamics influencing the market - growth driving factors, specific challenges and hidden opportunities.
Get in-depth insights on your competitor performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis and more.
Analyze the sales and distribution channels across geographies to enhance top-line revenues.
Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
Get a quick outlook on the EMG Biosensors market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
Evaluate the import-export statistics, supply-demand and competitive landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of EMG Biosensors Market?
The EMG Biosensors Market is growing at a CAGR of 7.1% over the next 5 years.
What are the significant types of EMG Biosensors Market?
Surface Biosensors, Intramuscular Biosensors
What are the major end-use applications of EMG Biosensors Market?
Hospitals and Clinics, Ambulatory Health Clinics, Academic and Research Centres
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
