Physiotherapy Devices Market - Global Industry Analysis

Physiotherapy Devices Market

Physiotherapy Devices Market Size, Share, Product Innovation and Forecast, 2028

Category: Medical Device Report Format : PDF Pages: 198 Report Code: ZMR-3397 Published Date: May-2022 Status : Published

The need for physiotherapy devices has been limited by these restrictions. Physiotherapy device manufacturers are experiencing issues such as in-person product presentations, working at full capacity, and attending conferences that assist generate future sales prospects as a result of these constraints.

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Physiotherapy is an essential segment of the health and welfare delivery system. Physiotherapy is practiced independently than other healthcare services. It helps to prevent the loss and disorder of movements in patients suffering from growing incidence of musculoskeletal, neurological disabilities, injuries, pain, and other disorders as well. Increasing prevalence of chronic diseases such as cardiovascular, neurological, pulmonary, along with escalating health concerns is expected to propel the market for physiotherapy devices market. Moreover, the growing incidence rate of injuries and the availability of medical reimbursements for physiotherapy devices will help to enhance the market growth in developed and developing nations. 

Increasing prevalence of stroke, epilepsy, and Parkinsonism are expected to fuel the demand of physiotherapy devices market growth during the forecast period. According to the National Institute of Neurological Disorders and Stroke (NINDS), about 50 million Americans are suffering owing to these disorders & economic costs burden which is increasing due to medical expenses in the healthcare sector coupled with the loss of productivity. Rising prevalence of paralysis  and increasing geriatric population will prominently boost the market growth during the forecast period

Global Physiotherapy Devices Market

The market for physiotherapy devices is segmented on the basis of product into equipment and accessories. The accessories segment is anticipated to grow at a significant CAGR owing to increasing use of accessories like orthotics and increasing preference for home healthcare. Whereas, the equipment segment by product type dominates the global physiotherapy devices market. The equipment segment is further sub-segmented into hydrotherapy, electrotherapy, heat therapy, cryotherapy, ultrasound, continuous passive motion (CPM), laser therapy, and others. The accessories segment is bifurcated into orthoses and assistive devices in the global physiotherapy devices market. Based on applications, the physiotherapy devices market is classified into cardiovascular, musculoskeletal, neurology, and others. Based on end–user, the market is classified into ambulatory surgical centers & hospitals and surgical centers.

Regionally, North America holds the largest market share of the physiotherapy devices owing to the high adoption of advanced physiotherapy equipment, developed healthcare infrastructure, and huge acceptance for physical treatments with other medical treatments will be promoting growth of the market in this region. Followed by which is the European market which is expected to gain a substantial market share in the forecast period, owing to high geriatric population coupled with high rate of cardiovascular and neurological diseases in the region. Asia Pacific region is anticipated to register a highest CAGR during the forecast period, due to rising awareness regarding physiotherapy treatments, increased road accidents, and prevalence of stroke & Parkinson’s disease.

Some of the key players in physiotherapy devices market include Patterson Medical, Zynex Medical Inc., BTL Industries, Dynatronics Corporation, Life Care Systems, A. Alego Limited, DJO Global, EMS Physio Ltd., Enraf-Nonius, HMS Medicals Systems. 

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