Overview

Physiotherapy Equipment Market Introduction

Physiotherapy Equipment Market is estimated to value over USD 19 billion by 2027 end and register a CAGR of over 4.7% during the forecast period 2020 to 2027. 

Technological innovations and advancements by key market players are predicted to increase the demand for the product, thus stimulating global market growth. Mobile apps like PTGenie, are now designed to aid patients in implementing their Home Exercise Programs (HEPs). In February 2016, BioGaming, an Israel-based company, received the FDA approval for its physical therapy system based on YuGo Microsoft Kinect.

Electric stimulation segment held a significant market share. The therapy is used to help increase the functionality of muscles and improve the circulation of blood in the affected areas. Electrical stimulation therapy is primarily used for rehabilitating neurological disorders like cerebral palsy, Parkinson’s disease, stroke and multiple sclerosis. Various types of electrical stimulations are Russian stimulation, high voltage stimulation Transcutaneous Electrical Nerve Stimulation (TENS), Inferential Current (IFC) and neuromuscular electrical stimulation.

Moreover, supportive initiatives by governments regarding conjoint programs with the physiotherapy societies is one of the integral factors projected to spur global market growth during the forecast period. U.K., France and Germany lead the European region by accounting a significant industry share. The Glasgow Caledonian University announced the Caledonian Clinic in January 2015 that offers specialist healthcare services and advice to students and staff. It offers physiotherapy related service like manipulative therapy, acupuncture and remedial massages for athletes.

The Asia Pacific region is predicted to exhibit the fastest market growth in upcoming years owing to many untapped opportunities, rising patient awareness levels consistent improvements in healthcare infrastructure and economic development.

Key companies in the market are Patterson Medical Holdings, Inc.; DJO Global; Enraf-Nonius; Kindred Healthcare, Inc.; Select Medical; BTL Industries; Concentra Operating Corporation; US Physical Therapy, Inc.; EMS Physio Ltd.; and Isokinetic, Inc.

Global Physiotherapy Equipment Market Segmentation:

By Product

• Equipment

• Electrotherapy Equipment

• Ultrasound Equipment

• Exercise Therapy Equipment

• Cryotherapy Equipment

• Combination Therapy Equipment

• Continuous Passive Motion (CPM) Therapy Equipment

• Shockwave Therapy Equipment 

• Laser Therapy Equipment

• Traction Therapy Equipment 

• Magnetic Therapy Equipment 

• Other Physiotherapy Equipment

• Accessories

• Physiotherapy Furniture

• Physiotherapy Tapes and Bandages

By Application

• Musculoskeletal Applications

• Neurological Applications

• Cardiovascular and Pulmonary Applications

• Pediatric Applications

• Gynaecological Applications

• Other Applications

By Region

• North America

• Europe

• Asia Pacific

• Rest of the World

FutureWise Key Takeaways:

• Growth prospects

• SWOT analysis 

• Key trends 

• Key data-points affecting market growth 

Objectives of the Study:

• To provide with an exhaustive analysis on the global physiotherapy equipment market by product, by application 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 (along with countries)— North America, Europe Asia Pacific and the rest of the world
• To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
• Profiling of companies to evaluate their market shares, strategies, financials and core competencies

Table of Contents

1 Introduction 

    1.1 Objectives of the Study 

    1.2 Market Definition 

    1.3 Market Scope 

           1.3.1 Markets Covered

           1.3.2 Years Covered For the Study

    1.4 Currency 

    1.5 Limitations 

    1.6 Stakeholders 

2 Research Methodology 

    2.1 Research Data 

           2.1.1 Secondary Sources

                    2.1.1.1 Key Data From Secondary Sources

           2.1.2 Primary Sources

                    2.1.2.1 Key Data From Primary Sources

    2.2 Market Size Estimation 

    2.3 Market Breakdown and Data Triangulation 

                    2.3.1.1 Key Industry Insights

3 Executive Summary 

4 Exclusive Insights 

    4.1  Market: Market Overview 

    4.2  Market, By Product 

    4.3 North America:  Market Share, By Application (2020) 

5 Market Overview

    5.1 Introduction 

           5.1.1 Drivers

                    5.1.1.1 Rapidly Growing Geriatric Population and the Subsequent Increase in the Global Prevalence of Chronic Diseases

                    5.1.1.2 Growing Incidence of Sports Injuries, Degenerative Joint Disorders, and Cerebrovascular Disease

           5.1.2 Restraints

                    5.1.2.1 Unstable Reimbursement Scenario For Physiotherapy

           5.1.3 Opportunities

                    5.1.3.1 Emerging Markets

                    5.1.3.2 Technological Advances

           5.1.4 Challenges

                    5.1.4.1 Shortage of Skilled Personnel

                    5.1.4.2 Alternative therapies Such as Acupuncture

6 Physiotherapy Equipment Market, By Product 

    6.1 Introduction 

    6.2 Equipment 

           6.2.1 Electrotherapy Equipment

                    6.2.1.1 Neuromuscular Electrical Stimulation and therapeutic Electrical Stimulation are Widely Used in Clinical Settings For Rehabilitation                                       MajorContributing Factors to the Large Share of This Segment

           6.2.2 Ultrasound Equipment

                    6.2.2.1 Ultrasound Equipment Have Major Applications in Connective Tissue therapies

           6.2.3 Exercise therapy Equipment

                    6.2.3.1 Increasing Awareness About the Advantages of therapeutic Exercises Will Drive Market Growth

           6.2.4 Cryotherapy Equipment

                    6.2.4.1 Growing Popularity of Wellness and Fitness Provides Significant Growth Opportunities

           6.2.5 Combination therapy Equipment

                    6.2.5.1 Wide Range of Applications For Combination therapy Across Multiple Patient Populations is A Major Factor Driving Market Growth

           6.2.6 Continuous Passive Motion (CPM) therapy Equipment

                    6.2.6.1 CPM therapy is Mainly Used For Reconstructive Joint Surgery Growth; Increasing Number of Reconstructive Joint Surgeries to Drive                                   Market Growth

           6.2.7 Shockwave therapy Equipment

                    6.2.7.1 Fast Pain Relief and Mobility Restoration are the Key Drivers For the Adoption of Shockwave therapy

           6.2.8 Laser therapy Equipment

                    6.2.8.1 Useful as Both A Monotherapy as Well as an Adjustment to Exercise, Light therapy is A Versatile Tool Used For Physical therapy

           6.2.9 Traction therapy Equipment

                    6.2.9.1 Traction is Widely Available in the US, A Major Market For This Product Segment

           6.2.10 Magnetic therapy Equipment

                    6.2.10.1 The therapeutic Effectiveness of Magnetotherapy is Lower and Slower Than Other Physical therapies-A Key Drawback of This                                             Treatment

           6.2.11 Other Physiotherapy Equipment

    6.3 Accessories 

           6.3.1 Physiotherapy Furniture

           6.3.2 Physiotherapy Tapes and Bandages

7 Physiotherapy Equipment Market, By Application 

    7.1 Introduction 

    7.2 Musculoskeletal Applications 

           7.2.1 Rising Incidence of Musculoskeletal Disorders to Drive Market Growth

    7.3 Neurological Applications 

           7.3.1 Increasing Incidence of Neurological Disorders to Drive the Adoption of Neurological Physiotherapy Equipment

    7.4 Cardiovascular & Pulmonary Applications 

           7.4.1 Cardiovascular & Pulmonary Physiotherapy is the First Recognized Clinical Specialty Within Physiotherapy

    7.5 Pediatric Applications 

           7.5.1 Pediatric Physiotherapy Promotes Activity and Participation in Everyday Routines

    7.6 Gynecological Applications 

           7.6.1 Gynecological Applications to Register the Highest Growth in the market During the Forecast Period

    7.7 Other Applications 

8 Physiotherapy Equipment Market, By Region

    8.1 Introduction 

    8.2 Europe 

           8.2.1 High Healthcare Expenditure, Presence of Major Manufacturers Have Contributed to Europe’s Share

    8.3 North America 

           8.3.1 US

                    8.3.1.1 US Dominates the Market in North America

           8.3.2 Canada

                    8.3.2.1 Greater Investments and Awareness Required in Canada to Optimize Physiotherapy Adoption

    8.4 Asia Pacific 

           8.4.1 Emerging Asian Economies Will Provide Growth Opportunities

    8.5 Rest of the World 

9 Competitive Landscape 

    9.1 Overview 

    9.2 Vendor Benchmarking 

    9.3 Competitive Leadership Mapping 

           9.3.1 Visionary Leaders

           9.3.2 Innovators

           9.3.3 Dynamic Differentiators

           9.3.4 Emerging Companies

    9.4 Market Ranking Analysis, 2020 

    9.5 Competitive Situation and Trends 

           9.5.1 Collaborations, Partnerships, and Agreements

           9.5.2 Product Launches

           9.5.3 Acquisitions

10 Company Profiles 

     10.1 DJO Global, Inc. 

     10.2 BTL IndUStries 

     10.3 Enraf-NoniUS B.V 

     10.4 Dynatronics Corporation 

     10.5 EMS Physio 

     10.6 ITO Co. Ltd 

     10.7 Mectronic Medicale 

     10.8 Performance Health (Subsidiary of Madison Dearborn Partners) 

     10.9 Whitehall Manufacturing 

     10.10 Zimmer Medizinsysteme GmbH 

Chapter 11 Research Finding and Conclusion 

Chapter 12  Research Methodology 

Chapter 13  Research Data Source  

Tables

Figures