Electric Massager Market will Showcase Positive Impact During 2020-2024 | Rising Stress-related Cases Globally to Boost Market Growth | Technavio

LONDON--(BUSINESS WIRE)--Technavio has been monitoring the global electric massager market size and it is poised to grow by USD 6.61 billion during 2020-2024, decelerating at a CAGR of over 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. We offer $1000 worth of FREE customization

The market is fragmented, and the degree of fragmentation will decelerate during the forecast period. 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. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The rising stress-related cases globally has been instrumental in driving the growth of the market. However, the low penetration in emerging economies might hamper market growth.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. Download a Free Sample Report on COVID-19 Impacts

Electric Massager Market 2020-2024: Segmentation

Electric Massager Market is segmented as below:

• Product
  • Back Massager
  • Handheld Massager
  • Neck And Shoulder Massager
  • Leg And Foot Massager
  • Eye Care Massager
• Geographic Landscape
  • North America
  • Europe
  • APAC
  • South America
  • MEA

Electric Massager Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The electric massager market report covers the following areas:

• Electric Massager Market Size
• Electric Massager Market Trends
• Electric Massager Market Industry Analysis

This study identifies the rising popularity of shiatsu massage model as one of the prime reasons driving the Electric Massager Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Electric Massager Market 2020-2024: Key Highlights

• CAGR of the market during the forecast period 2020-2024
• Detailed information on factors that will assist electric massager market growth during the next five years
• Estimation of the electric massager market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the electric massager market
• Analysis of the market’s competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of electric massager market vendors

Table of Contents:

Executive Summary

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product
• Back massager - Market size and forecast 2019-2024
• Handheld massager - Market size and forecast 2019-2024
• Neck and shoulder massager - Market size and forecast 2019-2024
• Leg and foot massager - Market size and forecast 2019-2024
• Eye care massager - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End user
• Commercial - Market size and forecast 2019-2024
• Residential - Market size and forecast 2019-2024
• Market opportunity by End user

Customer Landscape

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• North America - Market size and forecast 2019-2024
• Europe - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography
• Volume drivers – Demand led growth
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• 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.
• Zynex Inc.

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.