Physiotherapy Equipment Market

Physiotherapy Equipment Market is segmented by Product (Laser Therapy, Ultrasound, Cryotherapy, Electrotherapy, and Accessories), Application (Musculoskeletal, Gynecology, Pediatric, Cardiovascular), End User (Physiotherapy & Rehabilitation Centers, Hospitals, Home Care Settings, Physician Offices and Region (United States, Canada, Mexico, France, Germany, Italy, Spain, United Kingdom, Russia, China, India, Philippines, Malaysia, Australia, Austria, South Korea, Middle East, Japan, Africa and Rest of World)

  • Report ID : MD1646
  • |
  • Pages : 200
  • |
  • Tables : 88
  • |
  • Formats :

Physiotherapy Equipment Market Growth Factors

The increase in ageing adults plus the growing incidence of chronic diseases are the key drivers pushing the expansion of the physiotherapy equipment market. In addition, the rising frequency of sports-related injuries, degenerative joint cases and vascular diseases also contribute to the product demand. Additionally, a higher number of road accidents and the resultant injuries are considered to push the demand for physiotherapy equipment further. Next, the growing prevalence of unhealthy eating habits and hectic lifestyle resulting in discomfort in nerves, muscles, back, and neck lead to inclination towards the product market. Increasing cases of strokes and Parkinson’s are likely to lift the market even further.

physiotherapy equipment market

"Physiotherapy Equipment Market size was estimated at $15,972 Million in 2019 and is expected to reach $23,234.1 Million by 2031, growing at a CAGR of 5.5% during the forecast period of 2022 to 2031."

Not just limited to medical necessities, physicians are advising for physiotherapy to patients due to its additional advantages, which is subsequently paving for higher demand for physiotherapy equipment. Physiotherapy generates effects for longer duration and is thus often opted in out-patient clinics. In-patient physiotherapy is normally provided to the patients under observation after surgery. The ageing population is prone to various debilitating diseases. As reported by the World Health Organization (WHO), the incidence of strokes, dementia, and hip fractures increases substantially with age and are common in elderly people of 85 years and over. Hence, a greater incidence of disability amongst the senior population becomes another key contributor to growth.
On the flip side, scarcity of skilled personnel and alternative therapeutic techniques such as acupuncture are suspected to pose as threats. Though the development of advanced equipment and amalgamation amongst major players is also expected to help the product market.
Due to the COVID-19 restrictions, physiotherapy equipment manufacturing companies are facing problems like delays in the production and shipment of physiotherapy products. This may restrict the impact of the growth of the physiotherapy equipment market. However, as per the recommendations by the World Confederation for Physical Therapy (WCPT), COVID-19 patients are advised to go for physiotherapy for early recovery and improvement of their overall health. Thus, the demand for physiotherapy equipment will rise in the coming years because of the rising number of COVID-19 cases.
Physiotherapy Equipment Market Segmentation

Physiotherapy Equipment Market Country Analysis

Currently valued at $19.9 billion, the global physiotherapy equipment market is projected to grow at a CAGR of 7.7% in the forecast period (2022-2025). North America holds the biggest share of the physiotherapy equipment market due to the growing geriatric population, increasing cases of osteoporosis in the region, and rising cases of accidents and calamities. Promising markets for physiotherapy equipment include China, Brazil, Japan, India, and Australia. The key drivers of growth in this promising market range from an increase in the aging population to the growth in cases of chronic disorders. Key market players include the Dynatronics Corporation, Whitehall Manufacturing, BTL Industries Inc., DJO Global, and STORZ Medical AG.

Physiotherapy Equipment Market Share and Competition
Key companies operating in this industry are: DJO Global (US), BTL Industries Inc. (US), Performance Health (US), ITO Co., Ltd. (Japan), Enraf-Nonius B.V. (Netherlands), Dynatronics Corporation (US), Mectronic Medicale (Italy), EMS Physio Ltd. (UK), Whitehall Manufacturing (US), Zimmer MedizinSysteme GmbH (Germany), Zinex Inc. (US), STORZ Medical AG (Switzerland), Life Care Systems (India), and Mettler Electronics Corp. (US). The leading players in the industry are focusing on technological advancements and bringing new easy-to-use products to people. They are continuously launching new tech to compete in the market and set new milestones in this med tech area. The industry has a major control in the region of Europe. The giant companies are now moving their businesses towards other regions like Asia Pacific, North America and Africa, as the demand of these equipment has increased by a huge factor in the past few years. Other companies like ReWalk Robotics Ltd. have been the top key player in the manufacturing and distribution of the product since 2015. The company has launched many new medical technologies like ReWalk Personal 6.0, an exoskeleton system during its tenure. Cybertherapy, being the second largest manufacturer in providing latest technology for physiotherapy, has also been launching many new platforms like e-Therapy and has been standing strong since 2017.

Report Highlights
• Historical data available (as per request)
• Estimation/projections/forecast for revenue and unit sales (2022 – 2031)
• Data breakdown for every market segment (2022 – 2031)
• Gross margin and profitability analysis of companies
• Price analysis of each product type
• Business trend and expansion analysis
• Import and export analysis
• Competition analysis/market share
• Supply chain analysis
• Client list and case studies
• Market entry strategy

Industry Segmentation and Revenue Breakdown
Product Analysis (Revenue, USD Million, 2022 - 2031)
• Equipment
o Electrotherapy Equipment
o Ultrasound Equipment
o Exercise Therapy Equipment
o Cryotherapy Equipment
o Combination Therapy Equipment
o Continuous Passive Motion Therapy Equipment
o Shockwave Therapy Equipment
o Laser Therapy Equipment
o Traction Therapy Equipment
o Magnetic and Pressure Therapy Equipment
o Other Physiotherapy Equipment
• Accessories
o Physiotherapy Furniture
o Physiotherapy Tapes and Bandages

Application Analysis (Revenue, USD Million, 2022 - 2031)
• Musculoskeletal
• Neurological
• Cardiovascular & Pulmonary
• Pediatric
• Gynecological
• Other

End User Analysis (Revenue, USD Million, 2022 - 2031)
• Physiotherapy & Rehabilitation Centers
• Hospitals
• Home Care Settings
• Physician Offices
• Other

Region Analysis (Revenue, USD Million, 2022 - 2031)
• United States
• Canada
• Mexico
• France
• Germany
• Italy
• Spain
• United Kingdom
• Russia
• China
• India
• Philippines
• Malaysia
• Australia
• Austria
• South Korea
• Middle East
• Japan
• Africa
• Rest of World

Physiotherapy Equipment Market Companies
• DJO Global (US)
• BTL Industries Inc. (US)
• Performance Health (US)
• ITO Co., Ltd. (Japan)
• Enraf-Nonius B.V. (Netherlands)
• Dynatronics Corporation (US)
• Mectronic Medicale (Italy)
• EMS Physio Ltd. (UK)
• Whitehall Manufacturing (US)
• Zimmer MedizinSysteme GmbH (Germany)
• Zinex Inc. (US)
• STORZ Medical AG (Switzerland)
• Life Care Systems (India)
• Mettler Electronics Corp. (US)

Available Versions:-
United States Physiotherapy Equipment Industry Research Report
Europe Physiotherapy Equipment Industry Research Report
Asia Pacific Physiotherapy Equipment Industry Research Report

Need Report on a particular Country OR need a Tailored/Customized Research? Budget Limits/Price Discounts Query...!

Email to David Correa

david@marketdecipher.com 

OR Fill the below "Sample Request FORM" with your queries in the message box.

PURCHASE OPTIONS

20% Free Customization ON ALL PURCHASE

*Terms & Conditions Apply

Request Free Sample

Please fill in the form below to Request for free Sample Report

  • Office Hours Mon - Sat   10:00 - 16:00

  • Send Us Mail sales@marketdecipher.com