[Start of Market Research Report Handling] World Market Report on Electric Medical and Electrotherapy Devices 2022-2032

The global market size for electric medical and therapeutic devices is estimated to be 62.2 billion USD in 2023 and is projected to grow at a CAGR of 6.4% from 2025 to 2030.
Key factors driving industry growth include the increasing prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases (CVDs), advancements in technology, rising public awareness of treatment and diagnostic options, and the growing elderly population. According to the World Health Organization (WHO), by 2030, one in six people globally will be aged 60 and over. The population aged 60 and above is expected to increase from 1 billion in 2020 to 1.4 billion, and to double to 2.1 billion by 2050.
The electric medical and therapeutic device industry encompasses a diverse range of equipment used for medical purposes, including imaging diagnostics, patient monitoring, and treatment. These devices are designed to achieve high precision and reliability, meeting the specific needs of healthcare providers. The increasing prevalence of chronic diseases such as cancer, diabetes, cardiovascular diseases, and respiratory diseases is a key factor driving demand.
■ Issued by
Bizwit Research & Consulting LLP

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