NEW
YORK, May 14, 2024 /PRNewswire/ -- The
global physiotherapy equipment market size
is estimated to grow by USD 8.35 bn
from 2024-2028, according to Technavio. The market is estimated to
grow at a CAGR of 6.7% during the forecast
period.
For more insights on the forecast market size and
historic data (2018 - 2022) - Download
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Forecast
period
|
2024-2028
|
Base Year
|
2023
|
Historic
Data
|
2018 - 2022
|
Segment
Covered
|
Application
(Musculoskeletal, Cardiovascular and pulmonary, Neurological, and
Others), Product (Equipment and Accessories), and Geography (North
America, Europe, Asia, and Rest of World (ROW))
|
Region
Covered
|
North America, Europe,
Asia, and Rest of World (ROW)
|
Key companies
profiled
|
Accord Medical Products
Pvt. Ltd., Bio Med International Pvt. Ltd, BTL Group, Chirag
electronics pvt ltd, Compass Health Brands, Dynatronics Corp., EMS
Physio Ltd., Enovis Corp., Enraf Nonius BV, GymnaUniphy NV, HMS
Medical Systems, Ito Co. Ltd., KARL STORZ SE and Co. KG, Life Care
Systems, Mectronic Medicale Srl, Mettler Electronics Corp.,
Performance Health Holding Inc., TecnoBody S.p.A, Zimmer
MedizinSysteme GmbH, and Zynex Inc.
|
Key Market Trends Fueling Growth
The physiotherapy equipment market is experiencing significant
growth due to the increasing demand for advanced rehabilitation
solutions. Key drivers include the aging population, chronic
diseases, sports injuries, and degenerative joint disorders.
Innovations in technology, such as virtual reality, robotics,
exoskeletons, implanted devices, and electrotherapy equipment, are
transforming physiotherapy treatment. Additionally, the integration
of cybertherapy, eTherapy, acupuncture, and other alternative
therapies is expanding the market's product segments. The market
encompasses various equipment types, including exercise therapy
equipment, heat therapy equipment, cryotherapy equipment, and
combination therapy equipment, catering to diverse applications in
pediatrics, gynecology, injuries, and rehabilitation
centers.
Market Challenges
- The physiotherapy equipment market encompasses a range of
tools, machines, and instruments used by physiotherapists to
enhance patient mobility, strength, flexibility, and physical
function. Key modalities include ultrasound therapy, orthopedic
surgeries, and alternative therapies such as acupuncture
and cryotherapy. Equipment is utilized in treating various
conditions, including cardiopulmonary disorders, ligament and
muscle sprains, bone fractures, osteoarthritis, and joint
replacements. Physiotherapists employ therapeutic interventions
like surface electromyography (sEMG) and pain management techniques
in their treatment plans. Geriatric populations and those with
neurological conditions also benefit from physiotherapy equipment.
Reimbursement scenarios can be unstable, impacting market growth.
Notable brands include Zynex and their offerings like the Pro Wrist
and Cryoheat.
Research report provides comprehensive data on
impact of trend, driver and challenges - Buy
Report
Segment Overview
This physiotherapy equipment market report extensively covers
market segmentation by
- Application
- 1.1 Musculoskeletal
- 1.2 Cardiovascular and pulmonary
- 1.3 Neurological
- 1.4 Others
- Product
- 2.1 Equipment
- 2.2 Accessories
- Geography
- 3.1 North America
- 3.2 Europe
- 3.3 Asia
- 3.4 Rest of World (ROW)
1.1 Musculoskeletal- The Physiotherapy
Equipment Market encompasses a vast array of solutions designed to
cater to various patient populations and conditions. Key drivers
include the geriatric population with chronic diseases, such as
degenerative joint disorders and cerebrovascular disease, requiring
rehabilitation care. Sports injuries, including ligament sprains
and muscle strains, also represent significant market
opportunities. Rehabilitation equipment and physiotherapy equipment
are essential components of the healthcare continuum, with
healthcare insurance policies and out-of-pocket costs influencing
market growth. Advancements in technology have led to the
integration of virtual reality, robotics, exoskeletons, implanted
devices, interactive video games, cybertherapy, and eTherapy into
physiotherapy treatments. These innovative solutions enhance
patient engagement and optimize healing for injuries and disorders
affecting the muscles, nerves, back, neck, and other areas. Product
segments include accessories, electrotherapy equipment, ultrasound
equipment, exercise therapy equipment, heat therapy equipment,
cryotherapy equipment, combination therapy equipment, traction
therapy, and pediatric and gynecological applications.
Physiotherapy devices play a crucial role in addressing the
consequences of improper eating habits and stressful lifestyles, as
well as neurological diseases like stroke and Parkinson's disease.
The aging population and the prevalence of cardiovascular diseases
further expand the market scope. Overall, the Physiotherapy
Equipment Market continues to evolve, offering innovative solutions
to meet the diverse needs of patients and healthcare providers.
For more information on market segmentation with geographical
analysis including forecast (2024-2028) and historic data (2018 -
2022) - Download a Sample Report
Research Analysis
The Physiotherapy Equipment Market caters to the growing demand
for rehabilitation solutions for various health conditions. This
market encompasses a wide range of devices, tools, and machines
designed to address the needs of diverse patient populations,
including geriatric individuals with chronic diseases, those
suffering from sports injuries or degenerative joint disorders, and
victims of road accidents. These instruments play a crucial role in
the recovery process, focusing on improving mobility, strength, and
flexibility of the affected ligaments, nerves, and muscles.
Physiotherapists utilize advanced physiotherapy devices to
alleviate back pain and enhance physical function. The market
continues to evolve, incorporating innovative technologies to
better serve the needs of patients and optimize rehabilitation
outcomes.
Market Research Overview
The Physiotherapy Equipment Market encompasses a wide range of
devices used to promote, maintain, and restore mobility, function,
and performance following injury, illness, or surgery. Key products
include therapeutic equipment such as cryotherapy units,
electrotherapy devices, heat therapy equipment, and ultrasound
machines. Additionally, rehabilitation equipment like exercise
bikes, treadmills, and resistance training machines are integral to
this market. Producers of physiotherapy equipment cater to various
sectors, including hospitals, clinics, and home healthcare
settings. The market is driven by factors such as an aging
population, increasing prevalence of chronic diseases, and growing
awareness of the benefits of early intervention and rehabilitation.
The global physiotherapy equipment market is projected to grow
significantly in the coming years, with key players investing in
research and development to introduce innovative and cost-effective
solutions.
Table of Contents:
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation
- Application
-
- Musculoskeletal
- Cardiovascular And Pulmonary
- Neurological
- Others
- Product
-
- Geography
-
- North America
- Europe
- Asia
- Rest Of World (ROW)
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix
About Technavio
Technavio is a leading global technology research and advisory
company. Their research and analysis focuses on emerging market
trends and provides actionable insights to help businesses identify
market opportunities and develop effective strategies to optimize
their market positions.
With over 500 specialized analysts, Technavio's report library
consists of more than 17,000 reports and counting, covering 800
technologies, spanning across 50 countries. Their client base
consists of enterprises of all sizes, including more than 100
Fortune 500 companies. This growing client base relies on
Technavio's comprehensive coverage, extensive research, and
actionable market insights to identify opportunities in existing
and potential markets and assess their competitive positions within
changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio