Electronic Massage Equipment Market Size, Share, Growth, and Industry Analysis, By Type (Back Massager, Hand-Held Massager, Neck and Shoulder Massager, Leg and Foot Massager, Eye Care Massager, Massage Chair, Others), By Application (Commercial, Residential), Regional Insights, and Forecast From 2023 To 2030

Updated On: 20 November 2023

electronic massage equipment market REPORT OVERVIEW

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The global electronic massage equipment market size was USD 21360 million in 2022. As per our research, the market is projected to touch USD 40320 million by 2028, exhibiting a CAGR of 11.2% during the forecast period.

The use of massagers allows one to have a soothing massage in the convenience of one's own home. Both electrical and non-electrical equipment fits this category. For instance, an electric massager uses electricity to rotate a portion of the device so that it vibrates at a specific frequency, giving the body a calming sensation. By activating genes that naturally reduce swelling, the use of massage equipment minimizes inflammation. It also improves blood flow, eases muscle tension, lessens discomfort, and activates mitochondria to hasten healing.

COVID-19 Impact: Imposed Restrictions in the Economy Resulted in Decline in the Market

The COVID-19 outbreak caused temporary business closures as well as supply chain and manufacturing disruptions, which in turn reduced the development of telecom infrastructure and had a negative effect on the sales and marketing efforts of rugged phone companies competing in the market. The effects were severe, particularly for startups and small- to medium-sized businesses operating in this industry. Companies did, however, make a lot of restructuring efforts to address the supply chain difficulties and improve collaboration with suppliers and partners to lessen the negative market impact.

LATEST TRENDS

"Growth of the market in recent years"

Lower back discomfort has been noted as one of the most prevalent illnesses in the contemporary generation. Traditional back discomfort is being caused by long work hours, extraordinarily soft beddings, and a sedentary lifestyle. 80% of Americans will have some form of back discomfort throughout their lives, according to a study by The Good Body. Furthermore, according to the American Chiropractic Association, 31 million Americans deal with low back discomfort on a regular basis. Following skin conditions and osteoarthritis as the third most frequent reason for doctor visits, it has been observed.

electronic massage equipment market SEGMENTATION

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• By Type

Based on type the Global Electronic Massage Equipment Market is classified as back massager, hand-held massager, neck and shoulder massager, leg and foot massager, eye care massager, massage chair, others.

• By Application

Based on application the global electronic massage equipment’s market is classified as commercial, residential.

DRIVING FACTORS

"The Utilization as a Catalyst to Boost the Market Growth "

The market for electric massagers includes a variety of massage tools that facilitate rapid recovery, such as: Two instrument kinds are available for the Gun Massager type of electric massager: percussive treatment and vibration treatment. Although the hammering affects the deeper layers of the tissue and the vibration affects the lower levels, the device's ability to combine these two methods is its most gratifying aspect.

"Extensive Application in Laundering Process to Multiply the Production and Market Growth"

The market for electric massagers is expected to expand in the near future as a result of reasons like the rising popularity of leisure, beauty, and health-related activities as well as the quickly accelerating miniaturisation of electronic equipment. Other factors propelling the growth of the electric massagers market during the forecast period include expanding advanced technology, frequent product launches, growing consumer awareness of the advantages of electric massagers, and quickly expanding use of handheld electronic devices.

In an environment where competition is on the rise, athletes can gain physically from using electric massagers. As a result, it has developed into a superb therapeutic choice for enhancing athlete recovery following exercise. These choices can be very profitable since they can give a sizable advantage over the long term, which is important given the small margins at which professional athletes must compete.

RESTRAINING FACTORS

"Several Challenges Associated with the Local Irritation to Restrain the Market"

Lightweight items have developed into a substantial trend that has a big impact on manufacturers' operations. This trend is being driven by technological and material advancements as well as a demand for more energy-efficient transportation. It has an impact on almost all aspects of production, upkeep, and repair in the sector that deals with items that consumers carry in their hands, including electronics and more. The worry among many "green" consumers and business executives facing tighter environmental laws is also dispelled by the fact that such items require less energy, making them more environmentally friendly. Such products are frequently released, which is highly favored by the makers.

electronic massage equipment market REGIONAL INSIGHTS

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"North American Region to Dominate the Market with Extensive Utilization and Multiplying Manufacturers"

In 2018, North America had the largest market for massage equipment, bringing in USD 2.8 billion. The large population of sports fans in the United States and Canada is anticipated to continue to be beneficial for the industry's expansion. Additionally, it is anticipated that the expansion of the domestic business traveler market in the United States will encourage the construction of additional commercial venues where massage equipment may be use.

 From 2019 to 2025, Asia Pacific is anticipated to experience the fastest CAGR of 10.2%. Over the coming years, it is projected that the region will continue to be a valuable market.

KEY INDUSTRY PLAYERS

"Financial Players to Contribute Towards Expansion of Market"

This market is extremely competitive and consists of various global and regional players. Major players are involved in strategizing various plans such as mergers and acquisitions, partnerships, introduction of new and enhanced products, along with joint ventures. The report is extensive research of a list of market players who contribute towards the expansion of the market. The information is a collusion of latest technological developments, trends, production lines mergers and acquisitions, market study and others. Other factors such as regional wise analysis and segment wise analysis are also considered to understand the market share, product growth, revenue growth and others during the forecasted period.

List of Market Players Profiled

• OGAWA (Japan)
• Inada (South Asia)
• BODYFRIEND (South Korea)
• Panasonic (Japan)
• OSIM International (Singapore)
• Rotai (India)
• Daito-THRIVE (India)
• HoMedics (China)
• Casada (Italy)
• Beurer (German)
• Human Touch (Australia)
• HealthmateForever (US)
• JSB Healthcare (India)

REPORT COVERAGE

The SWOT analysis and information on future developments are covered in the study. The research report includes a study of a number of factors that promote market growth. This section also covers the range of numerous market categories and applications that could potentially affect the market in the future. The specifics are based on current trends and historical turning points. The state of the market's components and its potential growth areas over the following years. The paper discusses market segmentation information, including subjective and quantitative research, as well as the impact of financial and strategy opinions. Additionally, the research disseminates data on national and regional assessments that take into account the dominant forces of supply and demand that are influencing market growth. The competitive environment, including market shares of significant competitors, is detailed in the report along with fresh research methodology and player strategies for the anticipated time.