The “Physiotherapy Equipment Market” 2024-2032 Research Report provides both qualitative and quantitative insights into market growth factors, limitations, opportunities, and challenges. It offers comprehensive market data on key players and revenue forecasts. The report includes revenue growth statistics for various and country-level markets, along with insights into competition and detailed company analyses for the projected period. The Physiotherapy Equipment Market Report covers growth drivers, current market share, adoption of various types, technologies, applications, and trends up to 2032.
The global physiotherapy equipment market revenue was around US$ 1.6 billion in 2022 and is estimated to reach US$ 2.8 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.6% during the forecast period from 2023 to 2032.
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Physiotherapy equipment is known as a variety of specialized tools, machines, devices, and instruments utilized by physiotherapists to treat, assess, and help in the rehabilitation of patients. This equipment is created to assist in enhancing strength, mobility, flexibility, and overall physical function.
Factors Influencing Market Growth
-The growth of the global physiotherapy equipment market is majorly caused by the rise in the prevalence of chronic diseases, the increase in the number of orthopaedic surgeries, and the growth in number of geriatric populations.
-The rise in the prevalence of chronic diseases like cardiopulmonary disorders, musculoskeletal diseases, and others is expected to push the demand for physiotherapy. Therefore, this factor is expected to fuel the growth of the physiotherapy equipment market.
-The high cost of physiotherapy treatment is hindering the growth of the physiotherapy equipment market.
Impact of COVID-19
The impact of COVID-19 pandemic had a negative influence on the global physiotherapy equipment market as it hindered many patients’ access to normal health services like diagnosis, physician visits, medication, and cardiac rehabilitation. It has damaged practitioners’ and patients’ capacity to follow treatment standards. Also, the drop in the number of surgeries during the pandemic, resulted in a reduction in post-surgery rehab physiotherapy, therefore negatively impacting the growth of the market.
In 2022, North America dominated the global physiotherapy equipment market and is anticipated to maintain its opportunity during the forecast period because of the high presence of market players who manufacture physiotherapy equipment and the growing number of populations suffering from osteoarthritis.
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Also, Asia-Pacific is anticipated to show the fastest growth of the physiotherapy equipment market during the forecast period because of the rise in awareness among people regarding physiotherapy treatment.
The leading prominent companies profiled in the global physiotherapy equipment market are:
-EMS Physio Ltd
-Zimmer MedizinSysteme GmbH
-Storz Medical AG.
-Zynex Medical Inc.
-Other prominent key players
The global physiotherapy equipment market segmentation focuses on Type, Applications, End User, and Region.
Segmentation based on Type
Segmentation based on Applications
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Segmentation based on End User
-Physiotherapy and Rehabilitation Center
Segmentation based on Region
-Rest of Europe
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-Rest Of Asia-Pacific
Key Questions Market Research and Analysis Report
What is the current market size, both in terms of value and volume?
What is the historical growth rate of the market, and what are the projected growth rates for the future?
Who are the major players in the market, and what is their market share?
What are the market trends and dynamics influencing the industry?
What are the key drivers of market growth?
What are the challenges and barriers faced by market participants?
What are the emerging opportunities in the market?
What is the competitive landscape of the market?
What are the consumer preferences, behaviors, and buying patterns within the market?
What is the market segmentation, and how are different market segments performing?
(*Note: The historical years and projected period in the report are flexible and can be tailored upon request. Additionally, the scope of the published report is adjustable to meet specific requirements, and customized analyses based on particular geographies or countries can be included as part of the customization.)
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