Global Physiotherapy Device Market, Type (Electrotherapy Device, Ultrasound Device, Exercise Therapy Device, Cryotherapy Device, Combination Therapy Device, Continuous Passive Motion Therapy Device, Shockwave Therapy Device, Laser Therapy Device, Traction Therapy Device, Magnetic and Pressure Therapy Device, Other Physiotherapy Device), Application (Musculoskeletal Applications, Neurological Applications, Cardiovascular & Pulmonary Applications, Pediatric Applications, Gynecological Applications, Other Applications), End-User (Physiotherapy & Rehabilitation Centers, Hospitals, Home Care Settings, Physician Offices, Other End Users), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
Market Analysis and Insights: Global Physiotherapy Device Market
The physiotherapy device market is expected to witness market growth at a rate of 4.45% in the forecast period of 2021 to 2028 and is expected to reach USD 2911.59 million by 2028. Data Bridge Market Research report on physiotherapy device market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rapid advancements in the healthcare sector globally is escalating the growth of physiotherapy device market.
Physiotherapy refers to a physical therapy that uses movement and mechanical force for treatment. The therapy comprises of numerous procedures with physical modalities and therapeutic exercises. These procedures are used for the enhancement, preservation, and restoration of physical function impaired by injury, disability and diseases.
The increase in cases of road accidents and injuries across the globe acts as one of the major factors driving the growth of physiotherapy device market. The unhealthy eating habits and hectic lifestyle causing pain in the nerves, muscles, ligaments, neck and back, and usage of the technique for treating conditions such as injuries, joint disorders, arthritis and injuries rather than by drugs or surgery accelerate the market growth. The increase in the preference for physiotherapy as it is non-invasive, uses mechanical force & movement for treatment, and very low risk, and computer-aided therapy programs for patients suffering from stroke and other Cardiovascular Diseases (CVDs) further influence the market. Additionally, increase in the aging population, prevalence of stroke and Parkinson’s disease, and increased life expectancy and improved healthcare infrastructure positively affects the physiotherapy device market. Furthermore, technological advances extend profitable opportunity to the market players in the forecast period of 2021 to 2028.
- On the other hand, unstable reimbursement scenario for physiotherapy and preference for alternative therapies such as acupuncture are expected to obstruct the market growth. Shortage of skilled personnel is projected to challenge the physiotherapy device market in the forecast period of 2021-2028.
This physiotherapy device market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on physiotherapy device market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Physiotherapy Device Market Scope and Market Size
The physiotherapy device market is segmented on the basis of type, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of type, the physiotherapy device market is segmented into electrotherapy device, ultrasound device, exercise therapy device, cryotherapy device, combination therapy device, continuous passive motion therapy device, shockwave therapy device, laser therapy device, traction therapy device, magnetic and pressure therapy device and other physiotherapy device.
- On the basis of application, the physiotherapy device market is segmented into musculoskeletal applications, neurological applications, cardiovascular & pulmonary applications, pediatric applications, gynecological applications, and other applications.
- On the basis of end-user, the physiotherapy device market is segmented into physiotherapy & rehabilitation centers, hospitals, home care, physician offices, and other end users.
Physiotherapy Device Market Country Level Analysis
The physiotherapy device market is analyzed and market size insights and trends are provided by country, type, application and end-user as referenced above.
The countries covered in the physiotherapy device market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the physiotherapy device market because of the rising cases of accidents and mishaps, and growing incidence of osteoporosis within the region. Asia-Pacific is expected to witness significant growth during the forecast period of 2021 to 2028 due to the developing healthcare sector in the region.
The country section of the market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The physiotherapy device market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for physiotherapy device market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the physiotherapy device market. The data is available for historic period 2010-2019.
Competitive Landscape and Physiotherapy Device Market Share Analysis
The physiotherapy device market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to physiotherapy device market.
The major players covered in the physiotherapy device market report are HMS, Dynatronics Corporation, DJO, LLC, EMS Physio Ltd, Physical Therapy Products, BTL., Patterson Dental Supply, Inc., Whitehall Manufacturing, Morris Group International, Body Sport, A. Algeo Limited, Danaher, 3M, International Electro Medical Co., Radiance Medical Systems, Accord Medical Products and Life Care Systems, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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