Increasing government & private investments in the healthcare facilities & growing adoption of rehabilitation device is estimated to be a major driving factor for the growth of the global physiotherapy equipment market. The increasing chronic diseases & neurological disorders coupled with rising awareness among the population for the benefits of physiotherapy is increasing the adoption of physiotherapy equipment in hospitals and nursing homes. According to Goldstein Research, global physiotherapy equipment market size is expected to reach USD 25.0 billion by 2024, growing at a compounded annual growth rate of 7.0% during the forecast period 2016-2024.
Global physiotherapy equipment market segmentation has been carried out on the basis of products, application, end user and geography. Based on application, neurology segment registered a growth rate of 7.0% in 2016 due to increasing incidences of heart stroke and autism.
The growth of global rehabilitation device market along with the global devices market tends to have a positive influence on the adoption & growth in sales of physiotherapy devices. The global medical devices market is growing at a CAGR of 4.3% during 2016-2024, from an estimated market size of USD 380.0 billion in 2016. Further, Global physiotherapy equipment industry is estimated to be dominated by North America valued at USD 6.0 billion in 2016. The North America region accounts for the increase in a number of diagnostic centres, treatment facilities and a conducive business environment for the market players.
Download Exclusive Sample Report: https://www.goldsteinresearch.com/request-sample/global-physiotherapy-equipment-market-global-opportunity-and-demand-analysis-market-forecast-2016-2024
Market Segmentation
On the basis of our in-depth analysis, Global Physiotherapy Equipment Market can be segmented as follows:
- By-Products
- Hydrotherapy
- Cryotherapy
- Continuous Passive Motion (CPM)
- Electric Stimulation
- Heat Therapy
- Therapeutic Exercises
- Ultrasound
- Others (Laser Therapy, Wax Therapy, and Traction)
- By Application
- Cardiovascular and Pulmonary
- Musculoskeletal
- Neurology
- Pediatric
- Others (Sports, Women Health, and Palliative Care)
- By End Users
- Hospitals
- Clinics
- Diagnostic Labs
- Others (Home health centres, schools and rehabilitation centre)
- By Region
- North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
- Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- The Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of the Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
- Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
“Global Physiotherapy Equipment Market Outlook 2024” contains a detailed overview of the global physiotherapy equipment market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by products, application and end user.
Further, for the in-depth analysis, Global Physiotherapy Equipment Market Report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as BTL Industries, DJO Global, Enraf-Nonius, EMS Physio, Isokinetic, Patterson Medical, Dynatronics Corporation, A. Algeo Limited, Whitehall Manufacturing, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global physiotherapy machine market trends along with a market forecast that will help market consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.
About Goldstein Research
Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.
Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.
Our analysts working on healthcare market research reports to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the rigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable for our clients’ needs and business agenda.
Media Contact
Company Name: Goldstein Research
Contact Person: Steve Blade
Email:Send Email
Phone: +1-6465687747
Address:99 Wall Street, Suite No:- 527
City: New York
State: NY
Country: United States
Website: http://www.goldsteinresearch.com/
