Overview


According to FutureWise analysis, the market for Physical Therapy is expected to reach US$ 43.54 billion by 2031 at a CAGR of 6.70%.

Physical therapy is a healthcare profession that specializes in the diagnosis, assessment, treatment, and prevention of musculoskeletal, neurological, and other conditions that affect physical function and mobility. Physical therapists, also known as PTs, use a wide range of techniques and interventions to help patients improve their mobility, reduce pain, and prevent further injury or disability. Physical therapy can be used to treat a wide range of conditions, including neck pain, joint pain, back pain, sports injuries, post-surgical rehabilitation, and neurological disorders such as Parkinson's disease and stroke. PT may involve a combination of techniques, including exercise, manual therapy, massage, electrical stimulation, and other modalities.

The purpose of physical therapy is to assist patients to regain their functional abilities and improve their quality of life. PT can help patients regain flexibility, balance, strength, and coordination, as well as minimize pain and improve overall physical function. Physical therapists collaborate closely with patients to create specialized treatment programs that are catered to each person's requirements and objectives. In addition to treating existing conditions, physical therapy can also be used as a precautionary measure to help patients in reducing their risk of injury and maintain optimal physical function. PT may involve education and training on proper body mechanics, exercise techniques, and other strategies to help patients maintain their physical health and prevent future injuries.

FutureWise Market Research has published a report that provides an insightful analysis of Physical Therapy Market trends that are affecting the overall market growth. This report will provide a detailed analysis of market share, regional insights, and competitor analysis that includes stature of key manufacturers operational in this industry.

By the end of the forecast period FutureWise research analysts projects that Physical Therapy Market will experience a significant growth. According to the analysis done, this report will help understand the information referring to the total valuation held by this industry. Additionally, this report will help in understanding the growth opportunities held by various segments of this market, further assist in making better strategic and expansion decisions by key stakeholders of an organization.

  • Olean Physical Therapy Professionals
  • AmeriCare Physical Therapy
  • Rehab Alternatives PLLC
  •  Fullmotionpt.net
  • Pivot Physical Therapy
  • SPI Prohealth Limited Hong Kong
  • BTL
  • Meier & Marsh Physical Therapy
  • DJO Global, Inc.
  • Performance Health
  • Athletico Physical Therapy
  • Geisinger Health
  • Jag-one PT

(Note: The list of the major players will be updated with the latest market scenario and trends)

Recent developments by key players in Physical Therapy Market:

In January 2022, To offer outpatient physical therapy and related products in LA Fitness facilities for both the United States and Canada, Novo Integrated Sciences, Inc. signed an updated and restated master facility license agreement with LAF Canada Company.

The physical therapy market is a rapidly growing segment of the healthcare industry that is driven by several key factors. These include the increasing prevalence of chronic conditions such as diabetes and obesity, the growing geriatric population, and the rising demand for non-invasive and cost-effective treatment options. One of the major drivers of the physical therapy market is the increasing prevalence of chronic conditions, such as diabetes and obesity that can lead to musculoskeletal disorders and other conditions that require physical therapy. According to the World Health Organization (WHO), chronic conditions are the leading cause of death worldwide, with an estimated 71% of deaths attributed to non-communicable diseases. As a result, the demand for physical therapy services is expected to increase as more patients require treatment for chronic conditions. Another key driver of the physical therapy market is the growing geriatric population. As the population continues to age, the prevalence of age-related conditions such as osteoarthritis and stroke is expected to increase. Physical therapy is a crucial part of the treatment plan for these conditions, as it can help reduce pain, prevent further injury, and improve mobility. The rising demand for non-invasive and cost-effective treatment options is also contributing to the growth of the physical therapy market. With healthcare costs continuing to rise, many patients are looking for alternative treatment options that can help them avoid more costly and invasive procedures. Physical therapy is often a preferred option for patients with musculoskeletal disorders or injuries, as it is non-invasive and can be more cost-effective than surgery or other interventions.

However, there are also several challenges that may impede the growth of the physical therapy market. One of the major challenges is the shortage of trained physical therapists, particularly in rural and underserved areas. This shortage can limit access to physical therapy services for many patients, particularly those living in remote or low-income areas. Another challenge is the increasing pressure to reduce healthcare costs, which can lead to reimbursement cuts and other cost-containment measures that can negatively impact the financial viability of physical therapy practices.

By Age Group

  • Pediatrics
  • Adults
  • Elderly

By Application

  • Orthopedic Physical Therapy
  • Geriatric Physical Therapy
  • Neurological Physical Therapy
  • Cardiopulmonary and Pulmonary Physical Therapy
  • Others

By Treatment Procedure

  • Equipment
  • Therapies
  •  Products

By End User

  • Hospitals
  • Private Practices
  • Outpatient Clinics
  • Sports & Fitness Facility Centers
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East and Africa

This market research report also emphasis on factors affecting the growth rate in various regions listed above. A deep-down analysis of region will also be provided in the final version of this market which is based on conclusion of primary interviews and secondary data point gathered during the process.

By region, the market is segmented into North America, Latin America, Europe, Asia-Pacific, and Middle East & Africa. North America registered the highest share in the market in 2022. Over the projection period, the physical therapy market in North America is predicted to rise strongly. The growing burden of sports-related injuries, the existence of well-established medical facilities, high healthcare expenditures, and a growing senior population are all factors driving market expansion. Due to the rising number of sporting events and competitions, particularly in the United States, the burden of sport-related injuries is also rising in the region. This is anticipated to increase patient adoption of therapies and, in turn, support the market's growth over the forecast period. It is expected that this would raise demand for various therapy programs that aid in reducing pain and promoting recovery.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants
  • Growth prospects
  • SWOT analysis
  • Key trends
  • Key data-points affecting market growth
  • To provide with an exhaustive analysis on the Physical Therapy Market By Age Group, By Application, By Treatment Procedure, By End User and By Region.
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions— North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • To record and evaluate competitive landscape mapping- Age Group launches, technological advancements, mergers and expansions
  • We have a flexible delivery model and you can suggest changes in the scope/table of content as per your requirement
  • The customization Mobility Care offered are free of charge with purchase of any license of the report
  • You can directly share your requirements/changes to the current table of content to: sales@futurewiseresearch.com

Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Physical Therapy Market Variables, Trends and Scope
    •        1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Physical Therapy Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Physical Therapy Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Physical Therapy Market, By Age Group Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Pediatrics
        2. Adults
        3. Elderly

  • 8.   Physical Therapy Market, By Application Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Orthopedic Physical Therapy
        2. Geriatric Physical Therapy
        3. Neurological Physical Therapy
        4. Cardiopulmonary and Pulmonary Physical Therapy
        5. Others

  • 9.   Physical Therapy Market, By Treatment Procedure Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Equipment
        2. Therapies
        3. Products

  • 10.   Physical Therapy Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals
        2. Private Practices
        3. Outpatient Clinics
        4. Sports and Fitness Facility Centers
        5. Others

  • 11.   North America Physical Therapy Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 12.   Latin America Physical Therapy Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 13.   Europe Physical Therapy Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 14.   Asia Pacific Physical Therapy Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 15.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031(USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 16.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 17.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. Olean Physical Therapy Professionals
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. AmeriCare Physical Therapy
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. Rehab Alternatives PLLC
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Fullmotionpt.net
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Pivot Physical Therapy
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. SPI Prohealth Limited Hong Kong
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. BTL
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Meier and Marsh Physical Therapy
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. DJO Global, Inc.
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10.Performance Health.
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11.Athletico Physical Therapy
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12.Geisinger Health
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview
        13.Jag-one PT
         13.1. Company Overview
         13.2. Product Portfolio
         13.3. SWOT Analysis
         13.4. Financial Overview
         13.5. Strategic Overview

  • 18.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 19.   FutureWise SME Key Takeaway Points for Client
Partner

Our Clients