According to a new market report published by Persistence Market Research “Global Market Study on Physiotherapy Equipment – Asia to Witness Highest Growth by 2022”, the global physiotherapy equipment market is estimated to be valued at US$15 Bn by the end of 2015 and is expected to grow at a CAGR of 6.8% from 2015 to 2022, to account for US$23.7 Bn by 2022.
Physiotherapy, also known as physical therapy, is a type of treatment provided by physiotherapists (PTs) to develop and restore the body’s proper functioning. The body’s movement and functioning are adversely affected by age, injury, disease, and environmental factors. PTs use a variety of physical therapy tools and equipment to improve patient health and help them recover from medical conditions. Moreover, by examining patient’s medical history and physical examinations results, PTs develop management plans for prevention and treatment of body pain or discomfort and for patient rehabilitation post treatment.
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Globally, the physiotherapy equipment market is witnessing significant growth due to increasing prevalence of cardiovascular and neurological diseases, growing aging population, the high incidence of sports injuries, and rising awareness about therapeutic applications of physical therapy. However, inadequate reimbursement policies is a key restraint for the growth of the physiotherapy equipment market.
The global physiotherapy equipment market is anticipated to grow from an estimated US$15 Bn by the end of 2015 to US$23.7 Bn by 2022 at a CAGR of 6.8% during the forecast period.
North America dominated the physiotherapy equipment market due to growing geriatric population and increasing the prevalence of neurological and cardiopulmonary diseases. Moreover, rising government initiatives is also supporting to the growth of the physiotherapy equipment market in the region.
The Europe physiotherapy equipment market is expected to witness moderate growth owing to increasing prevalence of neurological disorders, musculoskeletal problems, and cardiopulmonary diseases. Moreover, increasing aging population is also supporting the growth of the market in the region.
Companies
- Enraf-Nonius B.V.
- DJO Global.
- EMS Physio Ltd.
- Dynatronics Corporation.
- A. Algeo Limited.
- BTL Industries, Inc.
- HMS Medical Systems.
- Whitehall Manufacturing.
- PattersonCompanies, Inc.
- Isokinetics, Inc.
- Other
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The global physiotherapy equipment market is segmented as follows:
By product
- Equipment
- Hydrotherapy
- Cryotherapy
- Continuous Passive Motion (CPM)
- Electric Stimulation
- Heat Therapy
- Therapeutic Exercises
- Ultrasound
- Others
- Accessories
- Orthoses
- Others
By application
- Musculoskeletal
- Neurology
- Cardiovascular and Pulmonary
- Pediatrics
- Others
By end user
- Hospitals
- Clinics
- Others
By geography
- North America
- S.
- Canada
- Europe
- Germany
- France
- K.
- Asia
- China
- India
- Japan
- Rest of the World (RoW)
- Brazil
- Australia
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Key Questions Answered in This Report.
- What are the Roadblocks for Physiotherapy Equipment Market Suppliers?
- What are the Key Opportunities for Physiotherapy Equipment Market Manufacturers?
- How is Focus on Safety Influencing Physiotherapy Equipment Market Demand?
- What is the Regulatory Impact on Global Sales of Physiotherapy Equipment Market?
- Which Region Offers the Largest Opportunity for Sales of Physiotherapy Equipment Market?
- Where Does the U.S. Stand in the Market for Physiotherapy Equipment Market?
- What Is the Outlook for Physiotherapy Equipment Market Manufacturers in China?
- Why is Germany a Lucrative Market for Physiotherapy Equipment Market Manufacturers?
- Why Will Belgium Outpace Other European Markets for Physiotherapy Equipment Market?
- Why is There High Demand for Tires in Physiotherapy Equipment Market?
- Why are Sales of Physiotherapy Equipment Market Surging?
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