Physiotherapy Equipment Market By Type (Equipment, Electrotherapy, Ultrasound Therapy), Application (Neurology, Musculoskeletal, Cardiovascular & Pulmonary), End-User (Hospitals & Clinics, Rehabilitation Centers, Homecare Settings), & Region for 2024-2031
Report ID: 31655|No. of Pages: 202
Physiotherapy Equipment Market By Type (Equipment, Electrotherapy, Ultrasound Therapy), Application (Neurology, Musculoskeletal, Cardiovascular & Pulmonary), End-User (Hospitals & Clinics, Rehabilitation Centers, Homecare Settings), & Region for 2024-2031
Physiotherapy Equipment Market Valuation – 2024-2031
The rising frequency of musculoskeletal illnesses, chronic pain syndromes, and sports-related injuries is driving the growth of the physiotherapy equipment market. As the world’s population ages, there is an increase in age-related illnesses such as arthritis, osteoporosis, and joint problems which necessitate long-term physiotherapy treatments by enabling the market to surpass a revenue of USD 8.92 Billion valued in 2024 and reach a valuation of around USD 14.88 Billion by 2031.
The rise in sports and athletic activities combined with an increase in sports injuries has heightened the demand for specialist physiotherapy equipment to aid in faster recovery and injury prevention. Technological improvements such as portable and user-friendly equipment have made physiotherapy more accessible meeting the needs of an increasingly health-conscious society by enabling the market to grow at a CAGR of 6.60% from 2024 to 2031.
Physiotherapy Equipment Market: Definition/ Overview
Physiotherapy equipment includes a variety of instruments, devices, and machinery used by physiotherapists to help with the rehabilitation, treatment, and prevention of physical impairments and disabilities. Physiotherapy equipment may include exercise machines such as treadmills, stationary bikes, and resistance bands as well as therapeutic devices such as ultrasound machines, electrical muscle stimulators, and laser therapy units.
Patients with physical disabilities or injuries benefit greatly from physiotherapy equipment. One of its principal applications is musculoskeletal rehabilitation which treats problems such as arthritis, fractures, sprains, and back discomfort. Traction machines, therapeutic ultrasound devices, and electrical stimulators serve to reduce pain, improve joint mobility, and promote muscular strength.
Technological improvements are expected to promote the future use of physiotherapy equipment increasing the effectiveness and accessibility of physical rehabilitation treatments. One notable trend is the incorporation of wearable devices and smart technologies into physiotherapy equipment. These gadgets are capable of monitoring a patient’s motions, tracking improvement in real-time, and providing individualized feedback to both the patient and the therapist.
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What are the Key Drivers behind the Physiotherapy Equipment Market’s Growth?
The rising prevalence of chronic diseases and musculoskeletal ailments combined with an aging population is a major driver of growth in the physiotherapy equipment market. According to the World Health Organization (WHO), musculoskeletal diseases are the biggest cause of disability worldwide with low back pain being the leading cause in 160 countries. According to the Global Burden of Disease study, the number of people with musculoskeletal problems increased by 47.6% between 1990 and 2019, totaling 1.71 billion. Furthermore, the United Nations predicts that by 2050, one in six persons worldwide will be over the age of 65, up from one in 11 in 2019.
The United States Bureau of Labor Statistics predicts a 21% increase in employment for physical therapists between 2020 and 2030, substantially faster than the average for all occupations showing a growing demand for physiotherapy services. Furthermore, the UK’s National Health Service (NHS) recorded a 6% increase in physiotherapy appointments between 2018 and 2019, reaching more than 5 million appointments. The National Institutes of Health (NIH) in the United States has also boosted its funding for rehabilitation research, investing USD 566 Million in 2020, up from USD 486 Million in 2016, suggesting a growing support for physiotherapy research and development.
In What Ways Does the High Cost of Equipment Hinder Demand in the Market?
Many advanced physiotherapy devices, especially those that use new technology such as robotics and virtual reality are expensive. This high cost is a significant barrier to adoption, particularly in developing nations or tiny healthcare facilities with limited resources. Insurance coverage and payment for physiotherapy sessions and the use of specialized equipment are complicated and inconsistent in many regions.
This restricts patient’s access to critical therapies and discourages clinics from investing in new equipment. Furthermore, the effectiveness of physiotherapy equipment is contingent on the knowledge and experience of the physiotherapists who use it. Experienced individuals are scarce in many places, which limits the effective implementation of innovative physiotherapy technologies and impedes market growth.
Category-Wise Acumens
In What Ways Does the Equipment Segment Drive the Market’s Dominance?
According to VMR analysis, the equipment segment is expected to have the biggest market share over the projection period. Electrotherapy, ultrasound therapy, and exercise therapy equipment are versatile therapies for a wide range of conditions including muscle pain and stiffness as well as injuries and post-surgical recovery. This versatility makes them useful in a wide range of physiotherapy settings from clinics to hospitals, which drives increasing demand. Continuous innovation in physiotherapy equipment such as the use of digital and smart technologies, increases treatment efficacy and patient compliance.
Real-time data monitoring, individualized therapy sessions, and automated technology all contribute to the segment’s competitiveness by boosting outcomes and operating efficiency.
Furthermore, physiotherapy is becoming acknowledged as a crucial part of recovery and rehabilitation for a wide range of disorders. This has increased the demand for physiotherapy services and the equipment necessary to provide them. The aging global population and rising frequency of chronic diseases which typically entail ongoing physiotherapeutic operations are pushing up demand.
What are the Key Factors Contributing to the Dominance of the Musculoskeletal Segment within the Market?
The musculoskeletal category is expected to dominate the physiotherapy equipment market over the forecast period. Arthritis, back pain, osteoporosis, and sports-related injuries are all common disorders around the world. These disorders frequently involve ongoing physiotherapy to reduce pain, restore mobility, and improve overall functional skills, hence increasing demand for musculoskeletal physiotherapy equipment. As the world’s population ages, age-related musculoskeletal diseases like osteoarthritis and spinal issues grow increasingly prevalent.
The growing number of senior citizens who require frequent physiotherapy to maintain their independence and mobility is a primary reason for this segment’s progress. Furthermore, physical activity and preventative care are increasingly recognized as beneficial in managing or avoiding musculoskeletal issues. This understanding encourages more people to choose physiotherapy as a non-invasive strategy to treat symptoms and prevent the progression of musculoskeletal disorders resulting in increased demand for appropriate equipment in this market.
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Country/Region-wise Acumens
How does North America Maintain its Dominance in the Market?
North America maintains its dominance in the physiotherapy equipment market owing to its advanced healthcare infrastructure and high healthcare expenditure. The United States, in particular, dominates the region’s market share owing to an aging population and an increased prevalence of chronic conditions that necessitate physiotherapy interventions. North America’s dominance in the physiotherapy equipment industry is supported by high healthcare spending.
Furthermore, the Centers for Disease Control and Prevention (CDC) claims that six out of ten persons in the United States have a chronic disease many of which benefit from physiotherapy therapies, fueling market growth. The industry is also being boosted by attractive reimbursement policies and growing awareness of the benefits of physiotherapy. According to the American Physical Therapy Association (APTA), direct access to physical therapy services is now available in all 50 states resulting in enhanced patient access. Furthermore, the US Bureau of Labor Statistics predicts a 21% increase in employment for physical therapists between 2020 and 2030, substantially faster than the average for all occupations indicating a burgeoning industry that will necessitate more equipment.
What Factors are Driving the Demand for Physiotherapy Equipment in the Asia Pacific Region?
The rising aging population is the fastest-growing driver of demand for physiotherapy equipment in the Asia Pacific region. This demographic shift is driving an unprecedented need for rehabilitation services and equipment, particularly in Japan, China, and South Korea.
According to the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), the number of individuals aged 65 and more in the region is predicted to more than double, from 535 million in 2019 to 1.3 billion in 2050.
According to the WHO, noncommunicable diseases (NCDs) cause 89% of all deaths in the Western Pacific Region with many of these disorders necessitating physiotherapy interventions. The International Diabetes Federation reports that the prevalence of diabetes in India has increased from 7.1% in 2009 to 8.9% in 2019. The increase in sports involvement also adds to the need. For example, the General Administration of Sport of China reported a 19.2% growth in the number of persons engaging in regular physical activity between 2014 and 2020, reaching 435 million.
Competitive Landscape
The Physiotherapy Equipment Market is a dynamic and competitive space characterized by diverse players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.
Some of the prominent players operating in the physiotherapy equipment market include:
- BTL
- EMS Physio Ltd.
- Dynatronics Corporation
- RICHMAR
- Performance Health
- Storx Medical AG
- Zimmer MedizinSysteme GmbH
- ITO Co., Ltd.
- Enraf-Nonius B.V.
- Whitehall Manufacturing
Latest Developments
- In November 2023, Siemens Healthineers released the ACUSON Maple Ultrasound System with 25 new features and 15 transducers to increase user experience and streamline operational operations. The system’s AI-powered tools, along with an embedded battery that provides up to 75 minutes of disconnected scanning, allow physicians to increase efficiency by improving consistency in repetitive activities.
- In March 2023, the physiotherapy unit at District Hospital in Chhattisgarh, India, received sophisticated equipment such as a TENS machine, IFT muscle stimulator, traction machine, SWD, static bicycle, and cordysafe chair to treat severe cases of chronic back pain and stiffness.
Report Scope
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2021-2031 |
| Growth Rate | CAGR of ~6.60% from 2024 to 2031 |
| Base Year for Valuation | 2024 |
| Historical Period | 2021-2023 |
| Forecast Period | 2024-2031 |
| Quantitative Units | Value in USD Billion |
| Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Players | Enraf-Nonius B.V., Zimmer MedizinSysteme GmbH, DJO Global Inc., Performance Health, ITO Co., NuStep, Biodex Medical Systems, Chattanooga Industries Inc., David Health Solutions S.r.l., Ostec Medizintechnik GmbH, AXIA®, Shanghai Weiruan Medical Instrument Co., Nihon Kohden Corporation, BTL Industries, EMS Physio Ltd, Elektronika Physiotherapy, Hasomed Ltd., and Health Mark Industries, HUR Inc. |
| Customization | Report customization along with purchase available upon request |
Physiotherapy Equipment Market, By Category
Type:
- Equipment
- Electrotherapy
- Ultrasound Therapy
- Exercise Therapy
- Cryotherapy
- Heat Therapy
- Combination Therapy
- Continuous Passive Motion (CPM) Therapy
- Hydrotherapy
- Accessories
- Physiotherapy Furniture
- Others
Application:
- Neurology
- Musculoskeletal
- Cardiovascular & Pulmonary
- Pediatrics
- Gynecology
- Others
End-User:
- Hospitals & Clinics
- Rehabilitation Centers
- Homecare Settings
- Others
Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Research Methodology of Verified Market Research:
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL PHYSIOTHERAPY EQUIPMENT MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL PHYSIOTHERAPY EQUIPMENT MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL PHYSIOTHERAPY EQUIPMENT MARKET, BY TYPE
5.1 Overview
5.2 Equipment
5.2.1 Electrotherapy
5.2.2 Ultrasound Therapy
5.2.3 Exercise Therapy
5.2.4 Cryotherapy
5.2.5 Heat Therapy
5.2.6 Combination Therapy
5.2.7 Continuous Passive Motion (CPM) Therapy
5.2.8 Hydrotherapy
5.2.9 Others
5.3 Accessories
5.3.1 Physiotherapy Furniture
5.3.2 Others
6 GLOBAL PHYSIOTHERAPY EQUIPMENT MARKET, BY APPLICATION
6.1 Overview
6.2 Neurology
6.3 Musculoskeletal
6.4 Cardiovascular & Pulmonary
6.5 Pediatrics
6.6 Gynecology
6.7 Others
7 GLOBAL PHYSIOTHERAPY EQUIPMENT MARKET, BY END-USER
7.1 Overview
7.2 Hospitals & Clinics
7.3 Rehabilitation Centers
7.4 Homecare Settings
7.5 Others
8 GLOBAL PHYSIOTHERAPY EQUIPMENT MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Rest of the World
8.5.1 Latin America
8.5.2 Middle East and Africa
9 GLOBAL PHYSIOTHERAPY EQUIPMENT MARKET COMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Ranking
9.3 Key Development Strategies
10 COMPANY PROFILES
10.1 DJO Global, Inc.
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 BTL Industries
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Enraf-Nonius B.V.
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Zimmer MedizinSysteme GmbH
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Performance Health
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 HMS Medical Systems
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 ITO Co.
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 NuStep
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Biodex Medical Systems
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Chattanooga Industries Inc.
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
11 KEY DEVELOPMENTS
11.1 Product Launches/Developments
11.2 Mergers and Acquisitions
11.3 Business Expansions
11.4 Partnerships and Collaborations
12 Appendix
12.1 Related Research
Report Research Methodology
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Exploratory data mining
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
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| Supplier side |
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| Demand side |
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Econometrics and data visualization model
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We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
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- Established market players
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The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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