Physical Therapy Equipment Market Analysis, Device Overview, Global Statistics and Industry Forecast to 2025
Physical
Therapy Equipment Market Overview:
According
to MRFR analysis, the global 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
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.
Physical
Therapy Equipment - Key
Players
·
DJO Global
·
BTL Industries
·
Enraf-Nonius B.V
·
Dynatronics Corporation
·
EMS Physio
·
ITO Co. Ltd
·
Mectronic Medicale
·
Performance Health
·
Whitehall Manufacturing
·
Zimmer Medizinsysteme GmbH
Physical
Therapy Equipment Market Regional
Analysis:
Americas: The
Americas holds the largest share in the global physical therapy equipment
market.
North
America: The North American market for physical therapy equipment
is growing at a substantial rate. This
is attributed to well-established physical therapy centers which constitute
advanced physical therapy systems and instruments and rising incidences of cardiopulmonary and neurological diseases.
Europe: The
growing prevalence of orthopedic problems, cardiopulmonary diseases coupled with
neurological disorders in the region are expected to boost the growth of the
regional market.
·
UK: Approximately there
are around 7.4 million people living with heart and circulatory diseases in the
UK, including 3.9 million men and 3.5 million women. Thus, the increasing use
of physical therapy in the UK with increased government spending and support
for the physical therapy equipment and therapy.
·
Germany: A
large number of distributors and suppliers of physical therapy equipment in
this country pushes for the growth of the physical therapy equipment market in
Germany.
Asia-Pacific: Asia-Pacific
is estimated to be the fastest-growing market owing to the developing
healthcare infrastructure and increasing disposable income. Improving
healthcare infrastructure has increased the number of research activities in
the region.
·
Japan: The increase in the
prevalence of hemorrhagic strokes and focus on strategic agreements of
companies operating in this country are expected to boost the growth of the physical
therapy equipment market in Japan. In China and Japan, hemorrhagic strokes
account for a greater proportion than all other strokes, ranging from 17.1% to
39.4% in China and 38.7% in Japan. This demands for improved equipment for physical
therapy.
·
India: The increasing geriatric
population, coupled with an increase in average healthcare spending, are driving
the growth of the Indian physical therapy equipment market. Nearly 104 million elderly
(aged 60 years or above) population is present in India among them, 53 million are
females, and 51 million are males. The increased geriatric population leads to
increase in chronic diseases as well as an age-related degenerative disease of
joints and muscles. This causes increased use of physical therapy equipment in
India.
Middle East & Africa: The
market in the Middle East & Africa is expected to witness steady growth due
to limited access to healthcare. The growing awareness regarding healthcare and
the availability of new advanced treatment options are factors expected to drive
the growth of the market in the region. Also, many pharmaceutical companies are
targeting developing and underdeveloped countries in the region to expand their
reach and increase the target audience. For instance, BTL Industries marks presence
in five countries in Africa
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