09-Jul-2019 | Zion Market Research
Zion Market Research has published a new report titled “Physiotherapy Equipment Market by Product (Equipment and Accessories) and by Application (Musculoskeletal, Neurological, Cardiovascular & Pulmonary, Pediatric, Gynecological, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global physiotherapy equipment market was approximately USD 17.1 billion in 2018 and is expected to generate around USD 27 billion by 2025, at a CAGR of around 6.8% between 2019 and 2025.
Physiotherapy equipment is used by healthcare professionals, mostly physiotherapists, for the assessment, disease treatment, and diagnosis of any kind of physical disabilities. The global physiotherapy equipment market is witnessing notable growth, due to the rising prevalence of chronic diseases like cancer and epilepsy and increasing incidences of sport-related injuries and neurological disorders. With the increasing number of patients suffering from chronic diseases like arthritis, back pain, cancer, etc., the demand for physiotherapy equipment is growing in the market from various end-user industries. This is majorly boosting the growth of the physiotherapy equipment market globally. Additionally, the growing number of physiotherapy-related research conducted in various countries and rising government funding for the discovery and development of new equipment are also propelling the global physiotherapy equipment market growth. However, the dearth of trained professionals and lack of infrastructure facilities may hamper this market’s growth.
Browse the full “Physiotherapy Equipment Market by Product (Equipment and Accessories) and by Application (Musculoskeletal, Neurological, Cardiovascular & Pulmonary, Pediatric, Gynecological, and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at https://www.zionmarketresearch.com/report/physiotherapy-equipment-market
The physiotherapy equipment market is fragmented on the basis of product and application. Based on the product, the market is segmented into equipment and accessories. The equipment segment is further divided into electrotherapy equipment, ultrasound equipment, exercise therapy equipment, cryotherapy equipment, combination therapy equipment, and others. The equipment segment held a major market share in 2018. Additionally, the accessories segment is likely to showcase a higher growth rate over the forecast timeframe.
Based on application, the market is segmented into musculoskeletal, neurological, cardiovascular and pulmonary, pediatric, gynecological, and others. The neurological segment is likely to witness the highest rate of growth and dominate in the future. This can be attributed to the rising rate of strokes and the growing prevalence of paralysis attacks.
North America held a major share of the physiotherapy equipment market globally in 2018, due to the huge number of R&D activities in the field of physiotherapy. Additionally, the presence of a large number of multinational healthcare equipment manufacturing companies is also driving this regional market. The European physiotherapy equipment market held the second spot globally, due to the rising government funding and high healthcare investments. The Asia Pacific region is witnessing significant growth rate in the global physiotherapy equipment market due to the high unmet healthcare needs and growing government funding for research activities. Additionally, most of the hospitals and clinics are outsourcing their physiotherapy equipment to various developing countries like China and India, which is further propelling the physiotherapy equipment market growth.
Some of the leading players of the global physiotherapy equipment market are BTL Industries, US Physical Therapy, DJO Global, Enraf-Nonius, Kindred Healthcare, Select Medical, Concentra Operating Corporation, Patterson Medical, EMS Physio, and Isokinetic.
This report segments the global physiotherapy equipment market into:
Global Physiotherapy Equipment Market: Product Analysis
Global Physiotherapy Equipment Market: Application Analysis
Global Physiotherapy Equipment Market: Regional Analysis
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