Physical Therapy Equipment Market Analysis, Demand Overview, Competitive Landscape and Global Forecast to 2025
Market Highlights:
According
to MRFR analysis, the Physical Therapy Equipment Market is expected to register a CAGR of
~6.21% during the forecast period of 2019 to 2025 and is
expected to reach USD 19,100 million by 2025.
Physical therapy equipment are the
tools used by physiotherapist to cure patients with musculoskeletal disorders. These
equipment are used for many applications such as neurological, cardiovascular
and pulmonary, gynecological, pediatric, and others.
The growth of the global physical
therapy equipment market is driven by various factors such as increasing
incidences of orthopedic disorders, growing geriatric population, rising number
of accidents causing walking impairments, and global prevalence of orthopedic
diseases. However, inadequate reimbursement policies for physiotherapy in
developing countries are projected to hamper the growth of the global physical
therapy equipment market.
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Key
Players:
·
DJO Global
·
BTL Industries
·
Enraf-Nonius B.V
·
Dynatronics Corporation
·
EMS Physio
·
ITO Co. Ltd
·
Mectronic Medicale
·
Performance Health
·
Whitehall Manufacturing
Segmentation:
·
The
global physical therapy equipment market has been segmented based on product, application,
and end user.
·
The
market, based on product, has been divided into equipment and accessories. The equipment
segment is likely to be the largest during the review period due to the wide
range of applications it offers, such as gynecological, pediatric, cardiovascular
& pulmonary, and neurological.
·
The global physical
therapy equipment market has been segmented, on the basis of application, into musculoskeletal
applications, cardiovascular & pulmonary applications, gynecological applications, neurological
applications, and others.
·
The end users of the market are hospitals and
clinics, physiotherapy centers, and home care settings.
Regional Analysis:
The market has been divided, by region,
into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The Americas
is expected to be the largest market owing to the rising per capita healthcare
expenditure. The European physical therapy equipment market has been categorized
as Western Europe and Eastern Europe. The Western European market has further
been classified as Germany, France, the UK, Italy, Spain, and the rest of
Western Europe. The physical therapy equipment market in Asia-Pacific has been
segmented into Japan, China, India, South Korea, Australia, and the rest of
Asia-Pacific. Due to a large number of patients suffering from neurological
diseases and a growing geriatric population, the market in Asia-Pacific is
expected to be the fastest-growing.
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