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The global Electronic Massage Devices market was valued at 1514.2 Million USD in 2021 and will grow with a CAGR of 11.44% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Electronic massage devices refers to the integration of traditional Chinese massage and high-tech devices. It developed a machine that can simulate the circulation of blood and help to bring oxygen-rich blood and nutrients to the muscles and other major organs of the body. Due to improper sleeping position and poor posture of work, more and more people are eager to reduce muscle tention and improve sleep quality. At the same time, electronic massage devices also saves time and money without therapist appointment.The main producers in the industry are OGAWA, Inada, BODYFRIEND, etc., accounting for 4.66%, 4.25% and 3.16% of the revenue respectively. By region, China`s share of income in 2019 is the highest, at 70 percent.
By Market Verdors:
OGAWA
Inada
BODYFRIEND
Panasonic
OSIM International
Rotai
Daito-THRIVE
HoMedics
Casada
Beurer
Human Touch
HealthmateForever
JSB Healthcare
By Types:
Back Massager
Hand-Held Massager
Neck and Shoulder Massager
Leg and Foot Massager
Eye Care Massager
Massage Chair
By Applications:
Commercial
Residential
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
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Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
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