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Global Physiotherapy Equipment Market - Industry Trends and Forecast to 2029

  • Healthcare
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220
  • Healthcare
  • Upcoming Report
  • Apr 2022
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Physiotherapy Equipment Market, By Equipment Type (Heat and Cold Therapy Equipment, Hydro Therapy Equipment, Multi Exercise Therapy Units, Electro Therapy Equipment, Treatment Equipment, CPM Unit, Shoulder, Arm and Hand Equipment, Leg, Knee and Foot Equipment, Suspension Aids and Traction Aids), Application (Musculoskeletal, Neurology, Pediatric, Cardiovascular and Pulmonary, Others), End User (Hospitals, Clinics, Ambulatory Centers, Schools, Home Healthcare, Rehabilitation Centers), Demographic (Geriatric Population, Non-Geriatric Population) - Industry Trends and Forecast to 2029.

Physiotherapy Equipment Market

Market Analysis and Size          

Injuries, fractures, joint disorders, amputation, back and neck pain, arthritis, and post-operative conditions are all treated with the physiotherapy equipment. With the advancement of technology, many new types of physiotherapy equipment have recently entered the market.

Electrotherapy equipment segment accounted for the largest share of the physiotherapy equipment market due to the neuromuscular electrical stimulation and therapeutic electrical stimulation are increasingly being used in clinical settings for rehabilitation. Data Bridge Market Research analyses that the physiotherapy equipment market was valued at USD 17.88 billion in 2021 and is further estimated to reach USD 32.36 billion by 2029, and is expected to grow at a CAGR of 7.7% during the forecast period of 2022 to 2029.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2019 - 2014)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Equipment Type (Heat and Cold Therapy Equipment, Hydro Therapy Equipment, Multi Exercise Therapy Units, Electro Therapy Equipment, Treatment Equipment, CPM Unit, Shoulder, Arm and Hand Equipment, Leg, Knee and Foot Equipment, Suspension Aids and Traction Aids), Application (Musculoskeletal, Neurology, Pediatric, Cardiovascular and Pulmonary, Others), End User (Hospitals, Clinics, Ambulatory Centers, Schools, Home Healthcare, Rehabilitation Centers), Demographic (Geriatric Population, Non-Geriatric Population)

Countries Covered

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

Market Players Covered

HMS (US), Dynatronics Corporation. (US), DJO, LLC (US), EMS Physio Ltd. (UK), BTL. (US), Patterson Dental Supply, Inc. (US), Whitehall Manufacturing (US), Morris Group International. (US), Body Sport. (India), A. Algeo Limited (UK), Danaher (US), 3M (US), International Electro Medical Co. (India), Radiance Medical Systems. (Singapore), Accord Medical Products. (India) and Life Care Systems. (India).

Market Opportunities

  • Rapid technological advancement
  • Rising research and development activities

Market Definition

Physiotherapy (Physical Therapy), which uses mechanical force and movement to treat patients, is rapidly gaining popularity for a variety of reasons, including urban lifestyle, elderly population, and corporate lifestyle. Because this is a completely noninvasive technique, there is very little risk involved. Because of sedentary lifestyles and urbanisation, the incidences of cardiovascular disorders, neurological disorders, and increased ailments have increased, necessitating the use of physiotherapy equipment.

Physiotherapy Equipment Market Dynamics                                    

Drivers

Major factors that are expected to boost the growth of the physiotherapy equipment market in the forecast period are as follows:

  • Rise in the geriatric population

The rapid growth of the geriatric population has resulted in a significant increase in the incidence of chronic diseases worldwide. By 2050, the number of people aged 65 and up will account for 16% of the global population which will further accelerate the growth of physiotherapy equipment market.

  • Growing prevalence of cardiovascular disorders

Ischemic heart disease has seen the greatest increase in fatalities. According to WHO's 2020 updates, ischemic heart disease was responsible for 16% of all deaths worldwide which is further anticipated to propel the growth of the physiotherapy equipment market.

  • Technological developments

Major companies' technological advancements and innovations are also expected to increase demand for physiotherapy equipment. Apps such as PTGenie have been created to assist patients in adhering to their Home Exercise Programs (HEPs) is the vital factor escalating the market growth.

Opportunities

In addition, the access to encouraging healthcare reforms across various advancing countries is further estimated to provide potential opportunities for the growth of the physiotherapy equipment market in the coming years.

Restraints/Challenges

On the other hand, the unbalanced reimbursement scenario for physiotherapy is further projected to impede the growth of the physiotherapy equipment market in the targeted period. However, the lack of skilled personnel might further challenge the growth of the physiotherapy equipment market in the near future.

This physiotherapy equipment 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 the physiotherapy equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Physiotherapy Equipment Market

The pandemic of COVID-19 has had a huge impact on the physiotherapy equipment market. Because of the COVID-19 pandemic, a large number of patients visit healthcare facilities on a daily basis. Hospital beds, healthcare providers, and basic medical equipment are in short supply. This is putting pressure on hospitals and other care facilities to hire more healthcare providers. As a result, a large number of physiotherapists and other healthcare professionals have been dispatched. However, the demand for physiotherapy equipment is expected to rise in the aftermath of the COVID-19 pandemic.

Recent Development

  • In 2019, DJO Global was purchased by Colfax Corporation (US) (US). Colfax Corporation will provide physical therapy and orthopaedic products under the DJO brand as a result of the acquisition.

Global Physiotherapy Equipment Market Scope and Market Size

The physiotherapy equipment market is segmented on the basis of equipment type, application, end user and demographic. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Equipment Type

  • Heat and Cold Therapy Equipment
  • Hydro Therapy Equipment
  • Multi Exercise Therapy Units
  • Electro Therapy Equipment
  • Treatment Equipment
  • CPM Unit
  • Shoulder
  • Arm and Hand Equipment
  • Leg, Knee and Foot Equipment
  • Suspension Aids
  • Traction Aids

On the basis of equipment type, the physiotherapy equipment market is segmented into heat and cold therapy equipment, hydro therapy equipment, multi exercise therapy units, electro therapy equipment, treatment equipment, CPM unit, shoulder, arm and hand equipment, leg, knee and foot equipment and suspension aids and traction aids.

Application

  • Musculoskeletal
  • Neurology
  • Pediatric
  • Cardiovascular and
  • Pulmonary, Others

On the basis patient, the physiotherapy equipment market is segmented into musculoskeletal, neurology, pediatric, cardiovascular and pulmonary and others.

End user

  • Hospitals
  • Clinics
  • Ambulatory Centers
  • Schools
  • Home Healthcare
  • Rehabilitation Centers

On the basis of end user, the physiotherapy equipment market is segmented into hospitals, clinics, ambulatory centers, schools, home healthcare and rehabilitation centers.

Demographic

  • Geriatric Population
  • Non-Geriatric Population

On the basis of demographic, the physiotherapy equipment market is segmented into geriatric population and non-geriatric population.

Physiotherapy Equipment Market Regional Analysis/Insights

The physiotherapy equipment market is analysed and market size insights and trends are provided by country, equipment type, application, end user and demographic as referenced above.

The countries covered in the physiotherapy equipment market report are 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 equipment market due to the rise in the incidence of accidents and mishaps. Furthermore, the increasing prevalence of osteoporosis worldwide will further boost the growth of the physiotherapy equipment market in the region during the forecast period.

Asia-Pacific is projected to observe significant amount of growth during the forecast period of 2022 to 2029 in the physiotherapy equipment market due to the rise in the adoption of physiotherapy, economic development. Moreover, the growing healthcare infrastructure is further anticipated to propel the growth of the physiotherapy equipment market in the region in the coming years.

The country section of the 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 like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the 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 equipment 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 equipment market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the physiotherapy equipment market. The data is available for historic period 2010-2020.

Competitive Landscape and Physiotherapy Equipment Market Share Analysis

The physiotherapy equipment 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 equipment market.

 Some of the major players operating in the physiotherapy equipment market are

  • HMS (US)
  • Dynatronics Corporation. (US)
  • DJO, LLC (US)
  • EMS Physio Ltd. (UK)
  • BTL. (US)
  • Patterson Dental Supply, Inc. (US)
  • Whitehall Manufacturing (US)
  • Morris Group International. (US)
  • Body Sport. (India)
  • A. Algeo Limited (UK)
  • Danaher (US)
  • 3M (US)
  • International Electro Medical Co. (India)
  • Radiance Medical Systems. (Singapore)
  • Accord Medical Products. (India)
  • Life Care Systems. (India)


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Frequently Asked Questions

The market value for Physiotherapy Equipment Market is expected USD 32.36 billion by 2029.
The Physiotherapy Equipment Market is to grow at a CAGR of 7.7% during the forecast by 2029.
The major players operating in the Physiotherapy Equipment Market are HMS (US), Dynatronics Corporation. (US), DJO, LLC (US), EMS Physio Ltd. (UK), BTL. (US), Patterson Dental Supply, Inc. (US), Whitehall Manufacturing (US), Morris Group International. (US), Body Sport. (India), A. Algeo Limited (UK), Danaher (US), 3M (US), International Electro Medical Co. (India), Radiance Medical Systems. (Singapore), Accord Medical Products. (India) and Life Care Systems. (India).
On the basis of application, the Physiotherapy Equipment Market is segmented into Musculoskeletal, Neurology, Pediatric, Cardiovascular and Pulmonary, Others.