Physiotherapy Equipment Market Expected To Value US$23.7 Bn By 2022

According to a new market report published by Persistence Market Research “Global
Market Study on Physiotherapy Equipment - Asia to Witness Highest Growth by
2022”, the global physiotherapy equipment market is estimated to be valued at
US$15 Bn by the end of 2015 and is expected to grow at a CAGR of 6.8% from 2015
to 2022, to account for US$23.7 Bn by 2022.
Physiotherapy, also known as physical therapy, is a type of treatment provided by
physiotherapists (PTs) to develop and restore the body’s proper functioning. The
body’s movement and functioning are adversely affected by age, injury, disease, and
environmental factors. PTs use a variety of physical therapy tools and equipment to
improve patient health and help them recover from medical conditions. Moreover, by
examining patient’s medical history and physical examinations results, PTs develop
management plans for prevention and treatment of body pain or discomfort and for
patient rehabilitation post treatment.
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Globally, the physiotherapy equipment market is witnessing significant growth due to
increasing prevalence of cardiovascular and neurological diseases, growing aging
population, the high incidence of sports injuries, and rising awareness about
therapeutic applications of physical therapy. However, inadequate reimbursement
policies is a key restraint for the growth of the physiotherapy equipment market.
The global physiotherapy equipment market is anticipated to grow from an estimated
US$15 Bn by the end of 2015 to US$23.7 Bn by 2022 at a CAGR of 6.8% during the
forecast period.
North America dominated the physiotherapy equipment market due to growing
geriatric population and increasing the prevalence of neurological and
cardiopulmonary diseases. Moreover, rising government initiatives is also supporting
to the growth of the physiotherapy equipment market in the region.
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The Europe physiotherapy equipment market is expected to witness moderate growth
owing to increasing prevalence of neurological disorders, musculoskeletal problems,
and cardiopulmonary diseases. Moreover, increasing aging population is also
supporting the growth of the market in the region.
The physiotherapy equipment market in Asia is expected to grow rapidly during the
forecast period due to the growing geriatric population. Moreover, the substantially
large population of patients suffering from neurological diseases in Japan and China
is also supporting the growth of physiotherapy equipment market in the region.
Enraf-Nonius B.V, DJO Global, EMS Physio Ltd., Dynatronics Corporation, A.
Algeo Limited, HMS Medical Systems, and BTL Industries, Inc., are some of the
leading players in the physiotherapy equipment market. Other major players of
physiotherapy equipment market includeIsokinetics, Inc., Patterson Companies, Inc.,
and Whitehall Manufacturing.
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