Wearable Tremor Therapy Market Size

Wearable Tremor Therapy Market size is predicted to reach USD 146 billion by the end of 2036, growing at a CAGR of 22% during the forecast period i.e., 2024-2036. In the year 2023, the industry size of wearable tremor therapy was over USD 5 billion. The growth of this market is primarily driven by the increasing prevalence of essential tremor in a large number of populations all across the globe. Around 0.9% population of the world is affected by ET.  An illness of the nervous system known as essential tremor is also known as a neurological condition. Shaking of bodily parts that are rhythmic and involuntary is the primary symptom of essential tremor. The most frequently affected body component is the hands, which tremble when performing routine chores like eating, drinking, or fastening shoelaces. Although essential tremor is often not a serious condition, it can get worse over time.

The growth of this wearable tremor therapy market can be attributed to the account of growing awareness of the therapy. An increasing number of awareness campaigns taking place all across the globe by government and private organizations about wearable tremor therapy are raising the demand and as a result, boosting the market expansion of wearable tremor therapy in the projected time period.