Selbyville, Delaware, June 27, 2023 (GLOBE NEWSWIRE) --
Physiotherapy Equipment Market size is estimated to record USD 40.3 billion by 2032. The increasing prevalence of chronic diseases, musculoskeletal disorders, and sports injuries is expected to create a favourable environment. The rising advancements in technology have led to the development of more sophisticated and effective equipment for enhancing treatment outcomes.
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Additionally, the growing aging population has spurred rising awareness of the importance of rehabilitation and physical therapy. The surging focus on preventive healthcare and wellness initiatives along with the increasing insurance coverage.
Physiotherapy accessories to witness high demand
The physiotherapy equipment market size from the accessories segment is poised to gain notable traction through 2032. The development can be attributed to the rising popularity of accessories as they complement and enhance the functionality of physiotherapy equipment for improving patient comfort and treatment efficacy. The surging need for added versatility and customization to physiotherapy treatments has led to a high demand for accessories, such as electrodes, straps, resistance bands, hot and cold packs, and orthopedic supports. The growing focus of manufacturers on developing durable, ergonomic, and user-friendly accessories to meet the specific needs of physiotherapists and patients will also propel the segment expansion. Top of Form
Rising demand in musculoskeletal disorders
Physiotherapy equipment market from the musculoskeletal disorders application segment registered significant gains in 2022. Physiotherapy plays a crucial role in the management and rehabilitation of musculoskeletal disorders, including back pain, arthritis, and sports injuries. The increasing awareness of non-invasive and drug-free treatment options has boosted the demand for physiotherapy equipment. Additionally, the rising geriatric population and the surging focus on injury prevention and recovery in sports medicine.
Asia Pacific to exhibit lucrative growth
Asia Pacific held a sizable share of the physiotherapy equipment market in 2022. The robust presence of large population base along with the rising prevalence of chronic diseases and musculoskeletal disorders has created substantial demand for physiotherapy services and equipment. Secondly, the increasing healthcare expenditure, improved healthcare infrastructure in addition to the technological improvements and the higher availability of cost-effective equipment will augment the regional market outlook.
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Physiotherapy Equipment Market Participants
Some of the leading companies operating in the physiotherapy equipment industry include EMS Physio, Zimmer MedizinSysteme, DJO Global (Colfax Corporation), Dynatronics, ITO Physyiotherapy and Rehabilitation, and B. Enraf-NoniUS B.V., among others.
Physiotherapy Equipment Market News
- In January 2023, Hydro Physio, a U.K.-based developer of aquatic therapeutic treadmills, participated in Arab Health 2023 to introduce its latest hydrotherapy system to the Middle East market.
Partial Table of Contents (ToC) of the report:
Chapter 3 Physiotherapy Equipment Industry Insights
3.1 Industry ecosystem analysis
3.2 Industry impact forces
3.2.1 Growth drivers
188.8.131.52 Growing incidences of sports injuries and neurological disorders
184.108.40.206 Rising geriatric population
220.127.116.11 Increasing demand for rehabilitation care post surgeries and chemotherapy treatments
18.104.22.168 Rising technological advancements in physiotherapy equipment
3.2.2 Industry pitfalls & challenges
22.214.171.124 Lack of trained and skilled personnel and inadequate reimbursement policies
3.3 Growth potential analysis
3.3.1 By type
3.3.2 By application
3.3.3 By end-use
3.4 COVID-19 impact analysis
3.5 Regulatory landscape
3.5.1 North America
3.5.3 Asia Pacific
3.6 Technology landscape
3.7 Future market trends
3.8 Porter’s analysis
3.9 PESTEL analysis
Chapter 4 Competitive Landscape, 2022
4.2 Company matrix analysis, 2022
4.3 Competitive positioning matrix
4.4 Vendor matrix analysis
4.5 Strategy dashboard, 2022
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