Physiotherapy Equipment Market Insights and Forecast to 2028

Physiotherapy Equipment Market Insights and Forecast 2028

Due to the COVID-19 pandemic, the global Physiotherapy Equipment market size is estimated to be worth US$ 13610 million in 2022 and is forecast to a readjusted size of US$ 16530 million by 2028 with a CAGR of 3.3% during the review period. The rapidly expanding geriatric population, the ensuing rise in the prevalence of chronic diseases worldwide, the rising incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease, as well as the rising demand for rehabilitative care, are the main factors driving the growth of this Physiotherapy Equipment market.

Physiotherapy Equipment 

Physiotherapy is a technique that uses various procedures and equipment to relieve physical ailments. 

Physiotherapy Equipment Market Trends

The Physiotherapy Equipment market is anticipated to be driven by poor eating practices, a hectic lifestyle that causes pain in the ligaments, nerves, muscles, back, and neck, as well as an increase in the prevalence of stroke and Parkinson's disease.

In addition to established markets like the United States and Europe, emerging economies like India and China are also expected to have rapid market expansion due to an aging population and the rising prevalence of cardiovascular, neurological, and musculoskeletal illnesses. The frequency of dementia and neurodegenerative diseases is expected to rise dramatically according to the WHO's National Institute on Aging. The effects of dementia gradually affect thinking and speech-motor skills. The use of physiotherapy tools can lessen the amount of ongoing care, supervision, and help that the majority of these patients eventually need. This will further drive the Physiotherapy Equipment market growth.

On the other hand, the emergence of alternative services like acupuncture, a lack of standardized reimbursement scenarios for physiotherapy, a lack of skilled professionals to operate the specialized equipment, and high maintenance costs are just a few obstacles impeding the growth of the physiotherapy equipment market. Nevertheless, the physiotherapy equipment market vendors are anticipated to benefit from recent technological advancements like exoskeletons, virtual reality, and robotics as well as the densely populated emerging economies of China and India.

The regulation of social distance requirements and lockout orders as a result of the COVID-19 issue had a significant impact on the world economy and led to a number of firm modifications. On the other hand, the market for physiotherapy equipment has grown favorably as a result of doctors' effective use of the tools for chest physiotherapy treatments. The device helped patients with mild to severe symptoms manage chest infections and raise their oxygen saturation levels.

Physiotherapy Equipment Market Size and Share

Based on type, the equipment segment is expected to be the most lucrative. Due to growing concern for patient safety and minimal/no side effects during physiotherapy treatments, as well as the increasing use of electrotherapy equipment in the treatment of musculoskeletal disorders.

Due to a large patient base and the implementation of numerous programs by hospitals, the hospitals & clinics segment held the largest market share. Additionally, the majority of patients opt to receive their treatments in multispecialty hospitals or specialized clinics due to the high cost of physiotherapy equipment. Specialized units that concentrate on physical therapy or another alternative treatment regimen for patients post-trauma or surgery are being added to hospitals and clinics' medical facilities.

Physiotherapy Equipment Market Segment

Physiotherapy Equipment market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Physiotherapy Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.

Physiotherapy Equipment Market Segmet by Type

• Equipment
• Accessories

Physiotherapy Equipment Market Segmet by Application

• Hospital
• Medical Center
• Other

By Company

• BTL Industries
• DJO Global
• Enraf-Nonius
• Patterson Medical
• Algeo
• Dynatronics
• EMS Physio
• Gymna Uniphy
• Isokinetic
• Mettler Electronics

By Region

• North America
• S.
• Canada
• Europe
• Germany
• France
• K.
• Italy
• Russia
• Asia-Pacific
• China
• Japan
• South Korea
• India
• Australia
• Taiwan
• Indonesia
• Thailand
• Malaysia
• Philippines
• Vietnam
• Latin America
• Mexico
• Brazil
• Argentina
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE