According to the new market research report“Physiotherapy Equipment Marketby Product (Laser Therapy, Ultrasound, Cryotherapy, Electrotherapy, and Accessories), Application (Musculoskeletal, Gynecology, Pediatric, Cardiovascular), and Region – Global Forecast To 2025“,published by MarketsandMarkets
,thePhysiotherapy Equipment Marketis expected to reachUSD 21.7 billionby 2025 fromUSD 16.6 billionin 2020, at a CAGR of 5.6% during the forecast period of 2020 to 2025.
.jpg?1596089818462)
The Growth in this market is driven by rapidly growing geriatric population and the subsequent increase in the global prevalence of chronic diseases, and growing incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease.
Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=65250228
Covid-19 Impact on the Physiotherapy Equipment Market
Asia Pacific countries such as China and India has resulted in delays in the production and shipment of physiotherapy products. All these factors are expected to negatively impact the growth of the physiotherapy equipment market. On the other hand, as per the recommendations by the World Confederation for Physical Therapy (WCPT), COVID-19 patients are recommended to undergo physiotherapy for 3-4 weeks for the early recovery and improvement of their overall health. Thus, the demand for physiotherapy equipment is expected to increase in the coming five years due to the growing number of COVID-19 cases.
Opportunities in Emerging Markets:
China, Japan, India, Brazil, and Australia are emerging markets for physiotherapy equipment. These markets lack proper standards and government regulations and offer huge potential for providers unable to meet US standards.
In China, the healthcare infrastructure is in urgent need of modernization, owing to the growth in the aging population and the rising incidence of chronic disorders. In 2013, China had 83.7 million people with disabilities, of which 65 million cannot survive without assistive devices. The aging population (60+ years) will make up 20% of the Chinese population by 2025. Similarly, Japan is another country with one of the most rapidly increasing aging populations in the world. By 2025, 36% of the Japanese population will have crossed 60 years. India is also a high potential market for physiotherapy equipment on account of its huge aging population base, growing healthcare standards, and flourishing home healthcare sector. Moreover, the increasing competition in mature markets will compel physiotherapy manufacturers to focus on emerging markets.
Browsein-depth TOC on“Physiotherapy Equipment Market“
181 – Tables
22 – Figures
181 – Pages
Electrotherapy Equipment:
Based on type of equipment, the physiotherapy equipment market is segmented into electrotherapy equipment, ultrasound equipment, exercise therapy equipment, cryotherapy equipment, combination therapy equipment, continuous passive motion therapy equipment, shockwave therapy equipment, laser therapy equipment, traction therapy equipment, magnetic and pressure therapy equipment, and other physiotherapy equipment. In 2019, electrotherapy equipment segment accounted for the largest share of the physiotherapy equipment market. The large share of this segment can be attributed to growing use of Neuromuscular electrical stimulation and therapeutic electrical stimulation in clinical settings for rehabilitation.
Europe and Asia Pacific to Dominate The Market:
Geographically, the global physiotherapy market is segmented into North America, Europe, the Asia Pacific, and Rest of the World )RoW). Asia Pacific is expected to show the highest growth rate during the forecast period. The high growth rate of this region can mainly be attributed to the rising geriatric population, the growing number of private sector hospitals, developments in primary healthcare infrastructure, and the inclination toward active lifestyles.
Request Sample Report:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=65250228
Key Players:
The leading players in this market include DJO Global (US), BTL Industries Inc. (US), Performance Health (US), ITO Co., Ltd. (Japan), Enraf-Nonius B.V. (Netherlands), Dynatronics Corporation (US), Mectronic Medicale (Italy), EMS Physio Ltd. (UK), Whitehall Manufacturing (US), Zimmer MedizinSysteme GmbH (Germany), Zinex Inc. (US), STORZ Medical AG (Switzerland), Life Care Systems (India), and Mettler Electronics Corp. (US).
Contact Information:
Mr. Ashish Mehra
MarketsandMarkets
INC.630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
Tags:
, iCN Internal Distribution, Extended Distribution, Wire, Research Newswire, English
Contact Information:
Mr. Ashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
