The global physiotherapy equipment market exhibited moderate growth during 2015-2020.
Looking forward, the analyst expects the market to grow at a CAGR of around 5% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Physiotherapy equipment refers to various devices, which are used for the diagnosis, monitoring and treatment of bone and muscle disorders or disabilities, including cerebral palsy, multiple sclerosis, osteoporosis and arthritis. It commonly includes mobility equipment and devices, such as balance balls, hydro boots, treadmills, parallel bars, trampolines and staircase trainers that are used for exercise therapy, electrotherapy and heat and cold therapy. This equipment aids in the restoration, preservation or enhancement of motor functions, correction of postural and muscle balance, reducing muscle stiffness and relieving pain.
The increasing prevalence of chronic lifestyle diseases, along with the rapidly growing geriatric population across the globe, represent as the key factors driving the growth of the market. Furthermore, the escalating incidences of sports injuries, cerebrovascular diseases and degenerative joint disorders, are also contributing to the market growth. Owing to rapid urbanization, sedentary lifestyles and hectic schedules of working professionals, there is increasing adoption of non-invasive physiotherapy equipment for relieving back and neck pain, arthritis and post-operative conditions. Additionally, technological innovations, such as the utilization of robotic assistance systems, implantable devices and exoskeletons, are contributing to the market growth. Manufacturers are also investing in research and development (R&D) activities to launch advanced and user-friendly equipment to increase the patient’s comfort level and improve patient care. Other factors, including the rising healthcare expenditure capacity of consumers, are projected to drive the market further.
Breakup by Application: Musculoskeletal Neurological Cardiovascular and Pulmonary Pediatric Gynecological Others
Breakup by End-User: Hospitals Rehabilitation Centers/Clinics Homes Others
Breakup by Region: North America United States Canada Asia Pacific China Japan India South Korea Australia Indonesia Others Europe Germany France United Kingdom Italy Spain Russia Others Latin America Brazil Mexico Others Middle East and Africa
Competitive Landscape: The report has also analysed the competitive landscape of the market with some of the key players being DJO Global, EMS Physio, ENRAF-NONIUS B.V, BTL industries, Zynex, Dynatronics Corporation, ITO Company Ltd., Mectronic Medicale, Whitehall Manufacturing, Zimmer MedizinSysteme, etc Key Questions Answered in This Report:
How has the global physiotherapy equipment market performed so far and how will it perform in the coming years? What are the key regional markets in the global physiotherapy equipment industry? What has been the impact of COVID-19 on the global physiotherapy equipment industry? What is the breakup of the market based on the product? What is the breakup of the market based on the application? What is the breakup of the market based on the end-user? What are the various stages in the value chain of the industry? What are the key driving factors and challenges in the industry? What is the structure of the global physiotherapy equipment industry and who are the key players? What is the degree of competition in the market?
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Chronic Disease Prevalence
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