Research Nester published a report titled “EMG Biosensors Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global EMG biosensors market in terms of market segmentation by type, technology, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.
The global EMG biosensors market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2022 – 2031. The market is segmented by end-user into hospitals and clinics, ambulatory health clinics, academic and research centers, and others. Out of these, the hospitals and clinics segment is anticipated to hold a substantial share over the forecast period owing to the growing patient footfall in the hospitals, combined with easy availability of hospitals in remote areas.
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The global EMG biosensors market is projected to grow on the back of the rising awareness about musculoskeletal conditions and increasing healthcare infrastructure globally. According to the data by the World Health Organization (WHO), 1.71 billion people have musculoskeletal conditions globally. EMG biosensors are used for diagnosis of neuromuscular abnormalities, which is further estimated to advance its demand over the upcoming years.
On the basis of geographical analysis, the global EMG biosensors market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The North America region is anticipated to garner the largest market share over the forecast period owing to the efficient healthcare system in the region, along with higher healthcare awareness amongst the people.
The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.
Increasing Global Geriatric Population likely to promote the Market Growth
According to the data by the World Bank, 9.321% of the global population is aged above 65 years.
Muscular conditions, such as, multiple sclerosis, rheumatoid arthritis, and muscular dystrophy, are more common in the older population. Therefore, the growing geriatric population across the world, is estimated to boost the market growth. Moreover, people are opting for early diagnosis of diseases by adopting regular check-ups, which is further estimated to boost the market growth.
However, the high cost of EMG biosensors is expected to operate as key restraint to the growth of global EMG biosensors market over the forecast period.
This report also provides the existing competitive scenario of some of the key players of the global EMG biosensors market which includes company profiling of OpenBCI Inc., Multi Biosensors Inc., Innopsys Inc., PLUX wireless biosignals S.A., Biometrics Ltd., Butler Technologies, Inc., mDurance Solutions SL., iMotions A/S, Delsys Incorporated, and Pinnacle Technology. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global EMG biosensors market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.
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