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Electric Massagers Market Trends, Worldwide Analysis, Top Manufacturers, Business Growth, Future Scope, Market Trends, Industry Size Forecast 2027
The research report on the Electric Massagers Market offers extensive details on the market's size, rate of growth, revenue, trends, and potential in addition to a forecast for the years up to 2029. The major factors influencing the development of this industry have also been fully considered. The results of this study, which involved a thorough quantitative examination of the market, can be used to create policies that would encourage productivity and growth.
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Electric Massagers Market Overview:
The most recent drivers, restraints, and opportunities in the Electric Massagers Market industry are the main subjects of the in-depth corporate business research of the Electric Massagers Market market. The outcomes were then verified by contacting well-known businesses. The secondary inquiry and analysis of these data sources use both commercial and free data sources. Reliable data sources, official government sources, and, in the case of publicly traded companies, financial reports of the company are used to compile information on each player's supply and consumption. Financial records may be requested by the local government's tax division even if they aren't typically available to the general public.
The market for electric massagers was estimated to be worth USD 7.46 billion in 2021 and is projected to reach USD 11.31 billion by 2027, growing at a CAGR of 7.18%.
COVID-19 Impact:
The analysis provides more precise and true estimations in keeping with the realities of the market by looking at the current and possible effects of the COVID-19 pandemic on the larger market. The massive spread of the coronavirus is causing distress. Social segregation laws, such as lockdowns, are present in nearly every nation. Major supply interruptions have resulted from this. Globally, social systems have changed as a result of the disease's broad consequences. The COVID-19 has an impact on the entire market, and that impact will get stronger in 2019 and 2020 in keeping with the market's rate of growth. The COVID-19 event has forced enterprises to manage risk and digitise operations in order to give trustworthy information and experiences to decision-makers. This is in line with the most recent MMR assessments, studies, and recommendations addressing management issues that are very important for organisations and businesses and have a significant effect on the market.
Electric Massagers Market Key players:
• Panasonic Corporation (Japan)
• MedMassager (United States)
• Joicom Corporation (United States)
• Human Touch (United States)
• Shenzhen Relcare Electronics (China)
• LURACO Technologies Corporation (United States)
• Dr. Physio (India)
• Omron Corporation (Japan)
• Medisana GmbH (Germany)
• JSB Health & Fitness Pvt. Ltd. (India)
• HoMedics (United States)
• Family Inada Co. Ltd. (Japan)
• Wenzhou Huifan Technology Co. Ltd. (China)
• Propera Corp. (Israel)
• OSIM International (Singapore)
• Nekteck (United States)
• LURACO Technologies Corporation (United States)
Key company and market share insights:
For the public's advantage, the top rivals are highlighted in this instance. In order to keep their market-leading positions, large companies often make important strategic decisions, such as improving their product portfolios, M&A deals, partnerships, cutting-edge product development, and international growth. The report contains the company's objectives as well as significant financial data and original insights. Users can also get information on the companies' global sales, revenue, and profit margins for the years 2017 through 2022.
Electric Massagers Market Segment:
The market for electric massagers is divided into four product categories based on type: vibrating massagers, manual massagers, impulse massagers, and shiatsu massagers.
Most of these gadgets are built with ergonomics in mind and are lightweight. Many of these gadgets can be recharged and only require 2 to 3 hours to fully charge. Depending on the sensitivity of the muscles, the massage's intensity can be regulated.
If the vibrations are too strong, the vibrating massager might be deadly. Because of the potential for lumbar injuries and excruciating back pain, there is a small demand for this product in the electric massagers market.
Regional Analysis:
North America
Europe
Asia-Pacific
South America
Middle East and Africa
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