Global Physiotherapy Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2026
MarketResearch.biz delivers in-depth insights on the global physiotherapy equipment market in its upcoming report titled, “Global Physiotherapy Equipment Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2026”. The global physiotherapy equipment market is estimated to register a CAGR of X.X% in terms of value during forecast period 2017–2026. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2026. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global physiotherapy equipment market report has been segmented on the basis of equipment type, application, end-user, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Physical therapy is also known as physiotherapy to treat disease, injury, or deformity by physical methods such as massage, heat treatment, and exercise rather than by drugs or surgery. The treatment is completely non-invasive, involves very low risk, and uses mechanical force and movement for treatment. The treatment of physiotherapy uses various equipment such as electrotherapy equipment, laser therapy equipment, magnetotherapy equipment, shockwave therapy, and ultrasound machines.
Increasing incidence of injuries and pain in body muscles, ligaments, nerves, and back and neck across the globe, owing to unhealthy lifestyle of individuals is a key factor expected to drive growth of the global market over the forecast period. In addition, increasing rate of road accidents and incidence of stroke and Parkinson’s disease are other factors expected to fuel growth of the target market. Furthermore, growing number of physiotherapy clinics and expansion of services are other factors expected to support growth of this market in the near future.
However, high maintenance cost, lack of skilled professionals to operate the specialized equipment, and availability of alternative therapy such as acupuncture are major factors expected to restrain growth of the global market over the forecast period. In addition, lack of standardized reimbursement policies is another factor expected to hamper growth of the target market in the near future.
Technological advancements and innovations such as rehabilitation robots, virtual reality, exoskeletons, and implanted devices for pain management are expected to create lucrative opportunities for players operating in the target market over the forecast period.
The market in North America dominates the target market in terms of revenue over the forecast period, owing to increasing incidence of road and workplace accidents and increasing geriatric population in various countries in the region. The market in Asia Pacific is expected to register fastest growth over the forecast period, owing to improving healthcare infrastructure and increasing individual awareness of physiotherapy in developing countries such as India, China, and Japan in the region.
Global physiotherapy equipment market segmentation:
Segmentation by equipment type:
- Hydrotherapy Equipment
- Continuous Passive Motion (CPM) Unit
- Electric Stimulation
- Heat and Cold Therapy Equipment
- Therapeutic Exercise
- Others (Suspension Aids, Traction Aids)
Segmentation by application:
- Spinal cord injuries
- Parkinson’s disease
- Multiple sclerosis
- Cerebral palsy
- Cardiovascular & Pulmonary
Segmentation by End-user:
- Others (Home Care, Health Centers, Schools, and Rehabilitation Centers)
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Enraf-Nonius B.V.
- DJO Global Inc.
- Ems Physio Ltd.
- Dynatronics Corporation
- Algeo Limited
- BTL Industries, Inc.
- Whitehall Manufacturing Inc.
- Kindred Healthcare, Inc.
- Concentra Operating Corporation
- Patterson Medical Holdings, Inc.
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