Physiotherapy Equipment Market Trend, Share, Growth, Demand, Size and Forecast 2032

The global Physiotherapy market size accrued earnings worth approximately USD 20.85 Billion in 2023 and is predicted to gain revenue of about USD 38.91 Billion by 2032, is set to record a CAGR of nearly 7.18% over the period from 2024 to 2032. The study includes the drivers and restraints of the physiotherapy equipment market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the physiotherapy equipment market on a global level.

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In order to give the users of this report a comprehensive view of the physiotherapy equipment market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses the market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product launch, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

Physiotherapy equipment is used by healthcare professionals, mostly physiotherapists, for the assessment, disease treatment, and diagnosis of any kind of physical disabilities. Basically, physiotherapy is a division of rehabilitative health that practices intended workouts and equipment to help patients recover or improve their physical abilities. Physiotherapy equipment plays a major role in better treatment of patients suffering from any type of physical disability. There are various types of physiotherapy equipment available in the market, such as ultrasound equipment, electrotherapy equipment, cryotherapy equipment, etc.

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 escalating costs involved in the discovery and development of new physiotherapy equipment is also supporting the physiotherapy equipment market. Moreover, 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.

The study provides a decisive view of the physiotherapy equipment market by segmenting it based on product, application, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2032.

Based on 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.

Based on application, the market is segmented into musculoskeletal, neurological, cardiovascular and pulmonary, pediatric, gynecological, and others.

The regional segment includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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.

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Physiotherapy Equipment Market: Report Scope

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

• Equipment
  • Electrotherapy Equipment
  • Ultrasound Equipment
  • Exercise Therapy Equipment
  • Cryotherapy Equipment
  • Combination Therapy Equipment
  • Continuous Passive Motion (CPM) Therapy Equipment
  • Shockwave Therapy Equipment
  • Laser Therapy Equipment
  • Traction Therapy Equipment
  • Magnetic Therapy Equipment
  • Others
• Accessories

Global Physiotherapy Equipment Market: Application Analysis

• Musculoskeletal
• Neurological
• Cardiovascular and Pulmonary
• Pediatric
• Gynecological
• Others

Global Physiotherapy Equipment Market: Regional Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa