Electric Massager Market size to grow by USD 6.38 trillion | Market Research Insights highlight the rising stress-related cases globally as Key Driver | Technavio

2022-06-25 00:44:54 By : Mr. Zhixue Wang

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NEW YORK , June 22, 2022 /PRNewswire/ -- According to the research report "Electric Massager Market by Product, End-user, and Geography - Forecast and Analysis", the market witnessed a YOY growth of 5.70% at a CAGR of 5.83% during the forecast period. The report 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 , and South America ).

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Global Electric Massager Market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.   

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

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North America will account for 38% of the market's growth. In North America , the United States is the most important market for electric massagers. The market in this region will increase faster than the markets in South America and the Middle East and Africa .

Over the projected period, the rising number of stress-related instances in the world would aid the expansion of the electric massager market in North America .

Furthermore, countries such as the US, UK, China , Germany , and France are expected to emerge as prominent markets for Electric Massager Market during the forecast period. 

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The back massager segment's share of the electric massager market will expand significantly. The expansion of the back massager is fueled by the aging population and their demand for frequent healthcare. Working professionals with busy work schedules are becoming increasingly stressed, and sitting at their workstations for lengthy periods of time can result in chronic back discomfort. Back massagers might help you get rid of your back discomfort and aches.

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The growing number of stress-related instances around the world will propel the electric massager market to new heights. Stress levels that are rising can hinder a person's leisure and daily activities. This might result in physical deconditioning and muscle weakness, which can lead to back pain. Muscle tension and contraction difficulties might arise as a result of severe chronic stress, putting uneven pressure on the bones and resulting in subluxations. Electric massagers will undoubtedly become more popular in the coming years as these therapeutic effects can be obtained without the usage of medications. 

However, the low penetration of electric massagers in emerging nations will be a major impediment to the growth of the global electric massager industry.

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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 recovery analysis and future consumer dynamics, Market condition analysis for forecast period

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