(2020 - 2023) Global Physiotherapy Equipment Market is Anticipated to Reach US$ 6.9% Billion by 2023

Physiotherapy Equipment Market (2020 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Physiotherapy Equipment market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Physiotherapy Equipment Market report is anticipated to register a CAGR of 6.9% over a five years forecast period (2020 – 2023).”

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List of Major Key players operating in the Global Physiotherapy Equipment Market are –

  • BTL INDUSTRIES
  • LIFE CARE SYSTEMS
  • DJO GLOBAL
  • ENAF-NONIUS B.V
  • PATTERSON MEDICAL
  • DYNATRONICS
  • ZYNEX MEDICAL Inc.
  • NAIMCO/RICH-MAR
  • ISOKINETICS Inc.

The global physiotherapy market is valued at USD 17022.75 million for 2017 and is poised to reach USD 25403.64 million by 2023, at a CAGR of 6.90% during the forecast period. North America holds the largest geographical market, which is currently valued at USD 6874.64 million in 2017, and is expected to grow with a CAGR of 6.91%.

Rising numbers of cardiovascular and neurological disorders is booming the physiotherapy equipment market

The global physiotherapy equipment market has witnessed an impressive growth in the recent times. The increasing incidences of the cardiovascular as well as neurological disorders has stimulated the demand for physiotherapy equipment across the world. Approximately 84 million people in this country suffer from some form of cardiovascular diseases, which causes around 2,200 deaths a day. On the other hand, neurological diseases contribute just as significantly to the global morbidity and mortality rate worldwide, with stroke a leading cause of death. Some of the factors such as the rising prevalence of cardiovascular, musculoskeletal, and neurological diseases coupled with the increasing elderly population enable this market to grow at a rate of more than 6% by 2019. However the rising incidences of the cardiovascular and neurological disorders is expected to further fuel the growth of physiotherapy market in the forecasted period.
Hence, the rapid increase in the aging population, growing number of the sports injuries, increasing obesity among people, and growing awareness regarding the therapeutic application of physiotherapy are also adding to the growth of this market significantly.

Yoga as an alternative therapy

Another modern age techniques which are under much discussion for the pain alleviation is the yoga where people with various kinds of musculoskeletal disorders have admitted to chronic pain relief with the yoga treatment. These alternative therapies combined together can act as a challenge to the growing Physiotherapy market in the forecast period. Including yoga in daily life by many of the patients has created an opportunity for this market.
However, lack of sufficient reimbursement policies for physiotherapy especially in developing countries, will be a longstanding challenge to rapid growth of the physiotherapy equipment market.

Asia Pacific to Report Fastest Growth in Global Physiotherapy Equipment Market

Asia Pacific has been projected to register the fastest growth among all the regional markets due to rising geriatric population and substantial percentage of neurological diseases China and Japan which are likely to fuel the demand for physiotherapy equipment market. North America will continue to dominate the market for physiotherapy equipment. Favorable government initiatives is another important driver expected to accelerate the market growth in this region. In addition North America and European market will also expand in the coming years.

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Scope of the Report:

The report analyses Physiotherapy Equipment market, which includes –

  • Analysis of the growth of Physiotherapy Equipment market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides Physiotherapy Equipment market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level Physiotherapy Equipment market volume and value by end-user segment for the period 2012-2023.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Physiotherapy Equipment market are discussed.
  • The report provides competitive landscape at country level for the year 2020. It also covers key policies and initiatives, key deals, and key upcoming projects.

Highlighted points of Physiotherapy Equipment Market Report:

  • Varying dynamics of the Physiotherapy Equipment industry.
  • Prospective changes in sales volumes and worldwide share growth in upcoming years (2020-2023).
  • Physiotherapy Equipment market report recognizes the key drivers of growth and challenges of the key industry players.
  • Competitors profiles along with product description, overview, and business data.
  • A complete analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors.
  • Delivers information on the historical and current market size and the future potential of the market.
  • Physiotherapy Equipment market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.

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Reasons to Purchase Physiotherapy Equipment Market Report:

  • The report analyses how stringent emission control norms will drive the global Physiotherapy Equipment market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Physiotherapy Equipment market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

In this study, the years considered to estimate the market size of Physiotherapy Equipment:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2020
Forecast Year 2020 to 2023

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