Physiotherapy Equipment Market Size, Share overview 2022-28
The global physiotherapy equipment market size was valued at USD 18,742.8 million in 2021 and is poised to grow at a significant CAGR of 6.2% during the forecast period 2022-28. It also includes market size and projection estimations for each of the five major regions from 2022 to 2028. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the physiotherapy equipment market growth, as well as their impact on the market's future growth. The report gives a comprehensive overview of both primary and secondary data.
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An increase in the prevalence of chronic diseases, and the incidence of injuries due to sports and accidents is a key factor driving the global physiotherapy equipment market. According to the statistics of Stanford children’s health, more than 3.5 million children ages 14 and younger get hurt annually playing sports or participating in recreational activities. The increase in accidents, chronic diseases, are anticipated to propel the global physiotherapy equipment market over the forecast years.
The global physiotherapy equipment market segmentation:
1) By Equipment: Laser Therapy, Ultrasound, Cryotherapy, Electrotherapy, and Accessories.
2) By Application: Cardiovascular and respiratory therapy, Musculoskeletal, Pediatric, Neurology, Sports therapy, Others.
3) By End User: Hospitals and Clinics, Rehabilitation centers, Others.
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North America accounted for larger revenue share in global physiotherapy equipment market with significant CAGR owing to increase in cases of road and workplace accidents, population of women suffering from osteoporosis, and geriatric population and increase in geriatric population are anticipated to propel the market. Asia Pacific physiotherapy equipment market projected to grow at significant rate owing to increase in the awareness towards the physiotherapy, improvement in healthcare infrastructure, economic development, and rising patient awareness levels.
The physiotherapy equipment market key players are DJO Global, Inc., BTL IndUStries, Enraf-NoniUS B.V, Dynatronics Corporation, EMS Physio, ITO Co. Ltd, Mectronic Medicale.
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