SAN FRANCISCO, Sept. 1, 2020 /PRNewswire/ -- The global physiotherapy equipment market size is expected to reach USD 36.3 billion by 2027, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The growing prevalence of neurological, musculoskeletal, and spinal cord disorders, early disease diagnosis, and awareness about physiotherapy are some of the factors driving the market growth.
Key suggestions from the report:
- The musculoskeletal application segment dominated the market in 2019 due to rising prevalence of musculoskeletal disorders and the ability of physiotherapy to prevent and reduce their adverse effects
- The cardiovascular and pulmonary application segment is expected to witness the fastest CAGR from 2020 to 2027 owing to increasing cases of cardiovascular and pulmonary diseases
- The ultrasound type segment dominated the market in terms of revenue share in 2019 and is expected to witness the highest CAGR over the forecast period, since it is one of most commonly used therapies for soft tissue lesions treatment
- The non-geriatric demographics segment accounted for the largest share in 2019 in terms of revenue due to rising cases of musculoskeletal disorders
- The hospitals and clinics segment led the market in terms of revenue share in 2019 owing to the presence of supportive infrastructure and high patient volume
- In 2019, North America held a majority of the physiotherapy equipment market share in terms of revenue in 2019 due to increasing number of baby boomers, presence of favorable government policies, and sophisticated healthcare infrastructure
- The market in Asia Pacific is expected to witness the fastest CAGR over the forecast period owing to rising population, high investment opportunities, and developing healthcare infrastructure
- Some of the key companies in the global market are DJO Global, Inc.; Patterson Medical; Isokinetics, Inc.; EMS Physio Ltd.; and BTL Industries.
Read 120 page research report with ToC on "Physiotherapy Equipment Market Size, Share & Trends Analysis Report By Application (Neurology, Musculoskeletal, Pediatrics), By Type, By Demographics, By End Use, By Region, And Segment Forecasts, 2020 - 2027" at: https://www.grandviewresearch.com/industry-analysis/physiotherapy-equipment-market
One of the current trends in the market is the use of video games and rehabilitation robots. NINTENDO WII, a video game, has proven to be beneficial in the rehabilitation process. While playing the game, patients need to perform repetitive movements such as rolling a bowling alley ball or swinging a tennis racket, which in turn helps patients in the movement of muscles and maintains coordination between balance and movement.
The rising need for new therapies along with the commercialization of various equipment is expected to boost the market growth in the coming years. In January 2019, Quantum Cryogenics launched CryoQube, a whole-body cryotherapy chamber, due to growing demand for the therapy in U.K.
Grand View Research has segmented the global physiotherapy equipment market based on application, type, demographics, end use, and region:
- Physiotherapy Equipment Application Outlook (Revenue, USD Million, 2016 - 2027)
- Neurology
- Stroke
- Spinal Cord Injuries
- Parkinson's Disease
- Multiple Sclerosis
- Cerebral Palsy
- Others
- Musculoskeletal
- Pediatrics
- Cardiovascular & Pulmonary
- Others
- Physiotherapy Equipment Type Outlook (Revenue, USD Million, 2016 - 2027)
- Hydrotherapy
- Cryotherapy
- Continuous Passive Motion (CPM)
- Ultrasound
- Electric Stimulation
- Heat Therapy
- Therapeutic Exercise
- Others
- Physiotherapy Equipment Demographics Outlook (Revenue, USD Million, 2016 - 2027)
- Geriatric Population
- In-patient Treatment
- Out-patient Treatment
- Convalescent Homes-based Treatment
- Home-based Treatment
- Others
- Non-geriatric Population
- In-patient Treatment
- Out-patient Treatment
- Convalescent Homes-based Treatment
- Home-based Treatment
- Others
- Physiotherapy Equipment End-Use Outlook (Revenue, USD Million, 2016 - 2027)
- Hospitals & Clinics
- Rehabilitation Centers
- Others
- Physiotherapy Equipment Regional Outlook (Revenue, USD Million, 2016 - 2027)
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- Japan
- China
- India
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
Find more research reports on Medical Devices Industry , by Grand View Research:
- Aqua Gym Equipment Market – The global aqua gym equipment market size was estimated at USD 512.9 million in 2018 and is expected to expand at a CAGR of 5.01% from 2019 to 2025.
- Durable Medical Equipment market – The global Durable Medical Equipment market size was valued at USD 168.87 billion in 2018 and is expected to witness a CAGR of 6.1% over the forecast period.
- Oxygen Therapy Market – The global oxygen therapy market size was estimated at USD 7.09 billion in 2015 and is anticipated to grow at a CAGR of 11.1% over the forecast period.
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About Grand View Research
Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.
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