Global Physiotherapy Equipment Market By Equipment Type (Heat & Cold Therapy Equipment, Hydro Therapy Equipment, Multi Exercise Therapy Units, Electro Therapy Equipment, Treatment Equipment, CPM Unit, Shoulder, Arm & Hand Equipment, Leg, Knee and Foot Equipment, Suspension Aids and Traction Aids), Application (Musculoskeletal, Neurology(Stroke, Spinal cord injuries, Parkinson’s disease, Multiple sclerosis, Cerebral palsy, Others) Pediatric, Cardiovascular & Pulmonary, Others), End User (Hospitals, Clinics, Ambulatory Centers, Schools, Home Healthcare, and Rehabilitation Centers), Demographic (Geriatric population, Non-geriatric population ), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends & Forecast to 2026
Market Analysis: Global Physiotherapy Equipment Market
Global Physiotherapy Equipment Market is expected to rise from its initial estimated value of USD 18.89 billion to an estimated value of USD 32.46 billion by 2026, registering a CAGR of 7% in the forecast period of 2019-2026. This rise in market value can be attributed to the Increasing Occurrences of Neurological Disorders and Cardiovascular Diseases
Market Definition: Global Physiotherapy Equipment Market
Physiotherapy is broadly mentioned for the development and restoration of normal body working, which continues to grow the need and demand for physiotherapy equipment. The increasing prevalence of sports injuries, accidental injuries, and chronic diseases that hinder the normal body functioning and movements, is another major reason for the estimated to drive the demand.
Physiotherapist is that type of healthcare professional which is highly qualified in carrying out therapies to relieve pain and discomfort. They work in close association with patients to bring about early relief. They also work along with health clinicians or GPs to manage the treatment process. With the use of advanced techniques and his proficiency in the realm of physiotherapy.
- Rapidly increasing geriatric population and the subsequent increase in the global prevalence of chronic diseases, this significant act as a driver to the market
- Increasing Incidence of Sports Injuries, Degenerative Joint Disorders, and Cerebrovascular Disease, this significant act as a driver to the market
- High amount of costing of these equipment is expected to act as a restraint to the market growth
- Due to unstable reimbursement scenario for physiotherapy, this act as a restraints to the market.
Segmentation: Global Physiotherapy Equipment Market
By Equipment Type
- Heat & Cold Therapy Equipment
- Hydro Therapy Equipment
- Multi Exercise Therapy Units
- Electro Therapy Equipment
- Treatment Equipment
- CPM Unit
- Shoulder, Arm & Hand Equipment
- Leg, Knee and Foot Equipment
- Suspension Aids and Traction Aids
- Spinal cord injuries
- Parkinson’s disease
- Multiple sclerosis
- Cerebral palsy
- Cardiovascular & Pulmonary
By End User
- Ambulatory Centers
- Home Healthcare
- Rehabilitation Centers
- Geriatric population
- Non-geriatric population
- North America
- South America
- Rest of South America
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East & Africa
Key Developments in the Market:
- In 2018, DJO entered into a strategic partnership with XPO Logistics, it is a global logistics provider of cutting-edge supply chain solutions, this partnership is happened manage portions of DJO’s North American distribution operations.
- In 2017, Dynatronics partnered with Orthopedic Outfitters to distribute Dynatronics’ physiotherapy and rehabilitation products.
Competitive Analysis: Global Physiotherapy Equipment Market
Global physiotherapy equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of physiotherapy equipment market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors: Global Physiotherapy Equipment Market
Few of the major competitors currently working in the physiotherapy equipment market are HMS (US), Dynatronics Corporation (US), DJO, LLC (US), EMS Physio Ltd (UK), Physical Therapy Products, BTL., Patterson Dental Supply, Inc. (US), Whitehall Manufacturing (USA), Morris Group International (US), Body Sport (US), A. Algeo Limited (UK), Danaher (US), 3M 2019 (US), International Electro Medical Co. (India), Radiance Medical Systems (Singapore), Accord Medical Products (India), Life Care Systems., and others.
Research Methodology: Global Physiotherapy Equipment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request an Analyst Call or can drop down your inquiry.
The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
Reasons to Purchase this Report
- Current and future of global physiotherapy equipment market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Customization of the Report:
- All segmentation provided above in this report is represented at country level
- All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)