- Laser Therapy
Physiotherapy Equipment Market size was valued at USD 18,742.8 million in 2022, growing at a CAGR of 6.2% from 2023 to 2029. The global market provides a detailed overview and that can be segmented by equipment, by application, and by end user. By equipment, the global physiotherapy equipment market has been segmented into Laser Therapy, Ultrasound, Cryotherapy, Electrotherapy, and Accessories. The Accessories segment is likely to be the largest and fastest-growing segment in terms of type in 2021 and is expected to maintain the trend in the forecasted years. Based on application, the global physiotherapy equipment market is segmented into Cardiovascular and respiratory therapy, Musculoskeletal, Pediatric, Neurology, Sports therapy, Others. Among these, the Musculoskeletal segment is expected to have the fastest-growing market during the forecast period 2022-2028 according to precision business insights. It is attributed to the increasing cases of musculoskeletal disorders. The Cardiovascular and respiratory therapy segment is also growing at a significant rate in 2022 due to the various applications of physiotherapy and its effectiveness. Based on end user, the global physiotherapy equipment market is segmented into Hospitals and Clinics, Rehabilitation centers, Others. The Hospitals and Clinics segment accounts for the largest share in 2021 and is anticipated to register a significant CAGR in the upcoming years. The increasing geriatric population, increase in the prevalence of chronic diseases, and growing incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease. Additionally, rising healthcare awareness, increase in awareness of physiotherapy to improve the quality of life and in post-operative conditions are the major factors that are driving the growth of the global physiotherapy equipment market over the forecast timeframe.
Physiotherapy Equipment Market Key Development:
Fastest Growing Market
Increase in the prevalence of chronic diseases, and incidence of injuries due to sports and accidents are anticipated to propel the market growth over the forecast years.
The physiotherapy equipment market size was valued at USD 18,742.8 million in 2022
The physiotherapy equipment market key players are: DJO Global, Inc. BTL IndUStries Enraf-NoniUS B.V Dynatronics Corporation EMS Physio ITO Co. Ltd Mectronic Medicale Performance Health (Subsidiary of Madison Dearborn Partners) Whitehall Manufacturing Zimmer Medizinsysteme GmbH
The physiotherapy equipment market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.