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NEW YORK , May 24, 2022 /PRNewswire/ -- The Electric Massager Market value is set to grow by USD 6.38 trillion , progressing at a CAGR of 5.83% from 2020 to 2025, as per the latest report by Technavio. The market is segmented by product (back massager, handheld massager, neck and shoulder massager, leg and foot massager, and eye care massager), end-user (commercial and residential), and geography (APAC, North America , Europe , South America , and MEA).
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Electric Massager Market: Segmentation by Product
The electric massager market share growth by the back massager segment will be significant during the forecast period. The increase in the older population and their need for regular healthcare are major drivers for the growth of the back massager. The level of stress is increasing among working professionals with busy work schedules; sitting at their desks for a prolonged period can cause chronic back pain for individuals. Back massagers can aid in relieving back pain and backaches.
Electric Massager Market: Segmentation by Geography
38% of the market's growth will originate from North America during the forecast period. The US is the key market for electric massagers in North America . Market growth in this region will be faster than the growth of the market in the South American and MEA regions. The rising stress-related cases globally will facilitate the electric massager market growth in North America over the forecast period.
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The rising stress-related cases globally coupled with increasing adoption of the internet platform to create awareness will fuel the growth of the electric massager market size. However, the low penetration of electric massagers in emerging economies will be a major challenge for the market growth.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The electric massager market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.
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Accelerate at a CAGR of 5.83%
North America, Europe, APAC, South America, and MEA
US, UK, China, Germany, and France
Leading companies, competitive strategies, consumer engagement scope
Beurer GmbH, Casada International GmbH, Hi-Dow International Inc., HoMedics LLC, JSB Health & Fitness Pvt. Ltd., Mettler Electronics Corp., OMRON Corp., Panasonic Corp., Prospera Corp., and Zynex Inc.
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/
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