According to Technavio’s latest market research study, the global physiotherapy market is expected to grow at a CAGR of more than 6% during the forecast period, 2017-2021.
This report by Technavio provides an in-depth analysis of the global physiotherapy market in terms of revenue and emerging market trends. The report also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.
Technavio research analysts categorize the market based on the treatment procedure
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The top three revenue contributing product segments are discussed below:
Global physiotherapy market by products: The availability of a large variety of products in this segment is the primary reason for the larger share of this market. The segment includes exercise balls, magnetic and nonmagnetic belts, and tables used for therapeutic massages among others. These products are predominantly used by a physiotherapist practicing independently in a clinic. The ease of availability of products through online purchase options and the innovation and evolution of portable equipment that can be used in the sports and fitness industries will drive further growth of the global physiotherapy market by products during the forecast period.
“The growing trend of a healthy lifestyle combined with the introduction of small, portable, and simple physiotherapy products has led to the growing demand for these products, particularly in developed countries around the world. Much of the consumption of these products is accounted for by home-based users as these products are cheap,” says Amber Chourasia, a lead analyst at Technavio for research on health and wellness.
Global physiotherapy market by equipment: Physiotherapy treatment includes the use of a wide range of manual and digital equipment for patients living with health problems such as neurological diseases, musculoskeletal problems, and cardiovascular and pulmonary diseases. Various physiotherapy treatments, using equipment such as CPM units, ultrasound machines, and electric muscle stimulators among others are offered to decrease pain and enhance mobility. For instance, the CPM and other passive motion units are widely used by the physiotherapist to avoid complications that arise due to spinal cord injuries and subsequent contractures.
Global physiotherapy market by therapies: Various therapies such as hydrotherapy, cryotherapy, and heat therapy are used by physiotherapy practitioners for patients who need physiotherapy treatments. These physiotherapy practitioners not only operate through hospitals but also through various independent clinics to address patients’ problems and provide the required services. Preventive measures taken by people to avoid these diseases by undergoing weight loss training and cardiovascular-related training, which leads to higher demand for these therapies, is also an incentive for market growth.
The top vendors operating in the global physiotherapy market are:
- BTL
- DJO Global
- Enraf-Nonius
- Patterson Medical
Other prominent vendors in the market include A. Algeo, Accord Medical Products, Biotech India, Dynatronics, EMS Physio, GymnaUniphy, HMS, Mettler Electronics, RICHMAR, and Zynex.
A more detailed analysis is available in the Technavio report titled, ‘Global Physical Therapy Market 2017-2021’. Technavio also customizes reports by other regions and specific segments upon request.
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