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

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