Physiotherapy Equipment Market research report plays very essential role when it is about achieving an incredible growth in the business. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this market report will surely help to a degree. This market report is composed of myriad of factors that have an influence on the market and include industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, market drivers, market restraints, key opportunities, technology and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles.
Injuries, fractures, joint disorders, amputation, back and neck pain, arthritis, and post-operative conditions are all treated with the physiotherapy equipment. With the advancement of technology, many new types of physiotherapy equipment have recently entered the market.
Electrotherapy equipment segment accounted for the largest share of the physiotherapy equipment market due to the neuromuscular electrical stimulation and therapeutic electrical stimulation are increasingly being used in clinical settings for rehabilitation. Data Bridge Market Research analyses that the physiotherapy equipment market was valued at USD 17.88 billion in 2021 and is further estimated to reach USD 32.36 billion by 2029, and is expected to grow at a CAGR of 7.7% during the forecast period of 2022 to 2029.
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Physiotherapy (Physical Therapy), which uses mechanical force and movement to treat patients, is rapidly gaining popularity for a variety of reasons, including urban lifestyle, elderly population, and corporate lifestyle. Because this is a completely noninvasive technique, there is very little risk involved. Because of sedentary lifestyles and urbanisation, the incidences of cardiovascular disorders, neurological disorders, and increased ailments have increased, necessitating the use of physiotherapy equipment.
Some of the major players operating in the physiotherapy equipment market are
· HMS (US)
· Dynatronics Corporation. (US)
· DJO, LLC (US)
· EMS Physio Ltd. (UK)
· BTL. (US)
· Patterson Dental Supply, Inc. (US)
· Whitehall Manufacturing (US)
· Morris Group International. (US)
· Body Sport. (India)
· Algeo Limited (UK)
· Danaher (US)
· 3M (US)
· International Electro Medical Co. (India)
· Radiance Medical Systems. (Singapore)
· Accord Medical Products. (India)
· Life Care Systems. (India)
Physiotherapy Equipment Market Dynamics
Drivers
Major factors that are expected to boost the growth of the physiotherapy equipment market in the forecast period are as follows:
· Rise in the geriatric population
The rapid growth of the geriatric population has resulted in a significant increase in the incidence of chronic diseases worldwide. By 2050, the number of people aged 65 and up will account for 16% of the global population which will further accelerate the growth of physiotherapy equipment market.
· Growing prevalence of cardiovascular disorders
Ischemic heart disease has seen the greatest increase in fatalities. According to WHO's 2020 updates, ischemic heart disease was responsible for 16% of all deaths worldwide which is further anticipated to propel the growth of the physiotherapy equipment market.
· Technological developments
Major companies' technological advancements and innovations are also expected to increase demand for physiotherapy equipment. Apps such as PTGenie have been created to assist patients in adhering to their Home Exercise Programs (HEPs) is the vital factor escalating the market growth.
Global Physiotherapy Equipment Market Scope and Market Size
The physiotherapy equipment market is segmented on the basis of equipment type, application, end user and demographic. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Equipment Type
· Heat and Cold Therapy Equipment
· Hydro Therapy Equipment
· Multi Exercise Therapy Units
· Electro Therapy Equipment
· Treatment Equipment
· CPM Unit
· Shoulder
· Arm and Hand Equipment
· Leg, Knee and Foot Equipment
· Suspension Aids
· Traction Aids
On the basis of equipment type, the physiotherapy equipment market is segmented into heat and cold therapy equipment, hydro therapy equipment, multi exercise therapy units, electro therapy equipment, treatment equipment, CPM unit, shoulder, arm and hand equipment, leg, knee and foot equipment and suspension aids and traction aids.
Application
· Musculoskeletal
· Neurology
· Pediatric
· Cardiovascular and
· Pulmonary, Others
On the basis patient, the physiotherapy equipment market is segmented into musculoskeletal, neurology, pediatric, cardiovascular and pulmonary and others.
End user
· Hospitals
· Clinics
· Ambulatory Centers
· Schools
· Home Healthcare
· Rehabilitation Centers
On the basis of end user, the physiotherapy equipment market is segmented into hospitals, clinics, ambulatory centers, schools, and home healthcare and rehabilitation centers.
Demographic
· Geriatric Population
· Non-Geriatric Population
On the basis of demographic, the physiotherapy equipment market is segmented into geriatric population and non-geriatric population.
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It's in your best interest to take this report into consideration because:
· Strong and extensive research methods were used to construct this study. The thoroughness and precision of the market reports produced by Data Bridge Market Research have earned them a great reputation.
· A complete picture of the competitive scenario of the Physiotherapy Equipment market is depicted by this report.
· The wide range of research on how these innovations may affect market expansion in the future.
· The report's findings are presented in an approachable format, with accompanying visuals (such as histograms, bar graphs, pie charts, etc.) that make the data readily digestible.
· The potential, threats, and difficulties in the Physiotherapy Equipment market, as well as the factors driving and restraining it, are discussed at length.
· It gives an all-encompassing evaluation of the anticipated conduct of the future market and the changing market condition.
· This study provides a number of strategic business approaches to assist you in making educated business decisions.
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