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Physiotherapy Equipment Market Size

Report ID: GMI5953
Published Date: Jun 2023
Report Format: PDF

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Physiotherapy Equipment Market Size

Physiotherapy Equipment Market size was valued at over USD 20.1 billion in 2022 and it is anticipated to reach USD 40.3 billion by 2032 due to increasing awareness and adoption of physiotherapy, government initiatives, growing aging population, and advancements in technology.

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Further, the rising incidence of chronic conditions such as musculoskeletal disorders, neurological disorders, and cardiovascular diseases has led to a higher demand for physiotherapy. This, in turn, drives the need for specialized equipment to support effective treatment and rehabilitation

Physiotherapy Equipment Market Report Attributes
Report Attribute	Details
Base Year:	2022
Physiotherapy Equipment Market Size in 2022:	20.1 Billion USD
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	7%
2032 Value Projection:	40.3 Billion USD
Historical Data for:	2018 to 2022
No. of Pages:	200
Tables, Charts & Figures:	430
Segments covered:	Type, Application, End-use and Region
Growth Drivers:	Growing incidences of sports injuries and neurological disorders Rising geriatric population Increasing demand for rehabilitation care post surgeries and chemotherapy treatments Rising technological advancements in physiotherapy equipment
Pitfalls & Challenges:	Lack of trained and skilled personnel and inadequate reimbursement policies

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Physiotherapy equipment refers to the tools, devices, and machines used by physiotherapists, to aid in the assessment, treatment, and rehabilitation of patients with various physical conditions or injuries. This equipment are designed to assist in improving mobility, promoting healing, relieving pain, and enhancing overall physical function.

Lack of reimbursement policies, high equipment cost, regulatory challenges and limited infrastructure and resources are some attributes that are expected to restrain the market gains. Lack of awareness among healthcare professionals and patients about the benefits and applications of physiotherapy equipment can hinder business progression. Moreover, physiotherapy faces competition from alternative therapies or treatments, such as chiropractic care, acupuncture, or alternative medicine. The availability and acceptance of these alternative treatments may further limit the demand for physiotherapy equipment.

Authors: Mariam Faizullabhoy

Frequently Asked Questions (FAQ) :

The global market for physiotherapy equipment was valued at over USD 20.1 billion in 2022 and will reach USD 40.3 billion by 2032, backed by the increasing awareness and adoption of physiotherapy, government initiatives, growing aging population, and advancements in technology.

The rehabilitation centers end-use segment is anticipated to reach around USD 15.6 billion by 2032, owing to the aging population, occupational rehabilitation, rise in chronic diseases, and increasing awareness & demand for rehabilitation.

The U.S. physiotherapy equipment market is expected to reach around USD 12.9 billion by 2032. The presence of well-established healthcare infrastructure, aging population with prevalence of chronic diseases, technological advancements, and flourishing sports & fitness culture are driving industry growth in the region.

B. Enraf-NoniUS B.V., Zimmer MedizinSysteme, DJO Global (Colfax Corporation), Dynatronics, EMS Physio, and ITO Physyiotherapy and Rehabilitation among others.