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2021 New Trends of Back and Neck Massager Market Report : Industry Size, Share, Segmentation

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Market Size – USD 9.19 Billion in 2020, Market Growth through 2028- CAGR of 7.2%, Market Trends- Surging demand for vibrating massagers

Global Back and Neck Massager Market Forecast to 2028

The latest market research report from Emergen Research, titled Global Back and Neck Massager Market, provides estimated market size and shares, latest industry trends, global market growth rates, key drivers and opportunities, constraints, product segmentation, and major market players. Cost structure, market size, competitive landscape, product portfolio and specifications, and company profiles.

According to a recent analysis by Emergen Research, the global back and neck massager market size was UAD 9.19 Billion in 2020 and is expected to reach USD 16.15 Billion in 2028 at a CAGR of 7.2%. Increasing prevalence of chronic pain due to aging or inappropriate lifestyle preferences, growing awareness regarding benefits of massagers coupled with increase in number of massage parlours and physiotherapy centres are the key factors driving back and neck massagers market revenue growth.

Incorrect sleeping or sitting positions, degenerative disc disease, pinched nerves, rotator cuff injuries, tendonitis, fibromyalgia, arthritis, and other conditions are some of the leading causes of back and neck pain. The discomfort brought on by these medical disorders might be lessened with exercises, stretches, or massages of the affected area.

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Competitive Landscape:

Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.

Key Companies Profiled in the Report:

Fujiiryoki, Panasonic, INADA, HoMedics, Human Touch, Cozzia, SKG, Beurer, Breo Technology, and MedMassager

Market Dynamics:

The report offers insightful information about the market dynamics of the Back and Neck Massager market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Back and Neck Massager market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Back and Neck Massager market.

Radical Highlights of the Back and Neck Massager Market Report:

  • Comprehensive overview of the Back and Neck Massager market along with analysis of the changing dynamics of the market
  • Growth Assessment of various market segments throughout the forecast period
  • Regional and global analysis of the market players, including their market share and global position
  • Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
  • Impact of the technological developments and RD advancements on the Back and Neck Massager market
  • Information about profit-making strategies and developmental strategies of major companies and manufacturers
  • Insightful information for the new entrants willing to enter the market
  • Details and insights about business expansion strategies, product launches, and other collaborations
  • The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis

Browse Full Report Description + Research Methodology + Table of Content + Infographics , visit @ https://www.emergenresearch.com/industry-report/back-and-neck-massager-market

Some Key Highlights from the Report

  • Based on type, the vibrating massager segment is forecast to register a CAGR of 7.7% during the forecast period. The robust segmental growth can be attributed to the effectiveness of vibrating massager and their increasing visibility on e-commerce channels.
  • Based on patient type, the older people segment accounts for the largest revenue share of the global back and neck massager market. This can be attributed to expanding geriatric population base and major prevalence of back pain problems in aging population.                                   
  • Based on application, the hospital segment is forecast to make major revenue contributions to the market revenue share during the forecast period. This can be attributed to increasing patient inclination towards professional massage therapist and a significant growth in number of hospitals offering therapeutic massage therapy for pain management.
  • North America accounted for 32.6% of the global back and neck massager market share in 2020 and is projected to register significant growth through 2028. The robust growth can be attributed to the early adoption of advanced technologies and high consumer spending on health and wellness products in the region.

Back and Neck Massager Market Segmentation:

Market Overview:

The report bifurcates the Back and Neck Massager market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Type Outlook (Revenue, USD Billion; 2018–2028)
    • Manual Massagers
    • Vibrating Massagers
    • Impulse Massagers
    • Others
  • Patients Outlook (Revenue, USD Billion; 2018–2028)
    • Adult
    • Older People
    • Baby
  • Application Outlook (Revenue, USD Billion; 2018–2028)
    • Household
    • Hospital
    • Others

Regional Segmentation;

North America (U.S., Canada)

Europe (U.K., Italy, Germany, France, Rest of EU)

Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Rest of Latin America)

Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

In conclusion, the Back and Neck Massager Market report is an exhaustive database that will help readers formulate lucrative strategies. The Back and Neck Massager Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.

How will this Report Benefit you?

A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Back and Neck Massager market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Back and Neck Massager with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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