Electric Massagers Market Overview:
The Electric Massagers market study gives a comprehensive view of the competition, including the market share and company profiles of the major global competitors. The scope of the research includes a full examination of the Electric Massagers Market, as well as the reasons for variations in the industry's growth between regions.
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Market Scope:
Following the completion of market engineering, which included market statistics computations, market size estimations, market forecasts, market breakdown, and data triangulation, extensive primary research was done to gather information and verify and validate important numbers. To undertake market estimating and forecasting for the overall market segments and sub-segments described in this research, top-down and bottom-up tactics, as well as different data triangulation procedures, were often employed throughout the market engineering process. Extensive qualitative and quantitative analysis is performed on all data obtained during the market engineering process in order to provide essential information throughout the report.
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%.
Segmentation:
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 take 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 could 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.
Key Players:
Market leaders are identified by primary and secondary research, and market revenue is calculated using primary and secondary research. The core study included in-depth interviews with key thought leaders and industry experts such as experienced front-line personnel, CEOs, and marketing executives. In-depth interviews with important thought leaders and industry experts, such as experienced front-line personnel, CEOs, and marketing executives, were conducted as part of primary research, while secondary research included a review of the major manufacturers' annual and financial reports. Secondary data is utilized to calculate percentage splits, market shares, growth rates, and global market breakdowns, which are then verified against primary data.
The biggest players in the Electric Massagers market are as follows:
• 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)
Regional Analysis:
Individual market influencing components and changes in market laws impacting current and future market trends are also covered in the Electric Massagers market analysis regional overview. Current and future trends are studied in order to evaluate the overall market potential and find profitable patterns in order to get a firmer footing. The geographical market evaluation is based on the current environment and anticipated trends.
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COVID-19 Impact Analysis on Electric Massagers Market:
Due to a break in operations, end-user sectors where Electric Massagers are used suffered a drop in growth from January 2020 to May 2020 in a number of countries, including China, Italy, Germany, the United Kingdom, the United States, and Spain, France, and India. As a result, the revenues of enterprises in these industries fell significantly, as did the demand for Electric Massagers manufacturers, impacting the growth of the Electric Massagers market in 2020. Lockdowns and a surge in COVID-19 events globally have severely reduced end-user business demand for Electric Massagers .
Key Questions Answered in the Electric Massagers Market Report are:
- In 2021, which segment owned the greatest share of the Electric Massagers market?
- What is the competitive landscape of the Electric Massagers market?
- What are the key factors influencing Electric Massagers market growth?
- In the Electric Massagers market, which region has the most market share?
- What will be the CAGR of the Electric Massagers market over the forecast period (2022-2027)?
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