07-Feb-2023 | Facts and Factors
According to Facts and Factors, the global physiotherapy equipment market size was worth around USD 19.05 billion in 2021 and is predicted to grow to around USD 34 billion by 2030 with a compound annual growth rate (CAGR) of roughly 6.7% between 2022 and 2030.
Physiotherapy is an extremely beneficial medical program with a holistic approach to the treatment of various medical conditions, injuries, disorders, and diseases. Not only does it help to manage the condition but it also contributes to significant overall improvements in patients' health, functioning capabilities, and endurance in affected areas. Physiotherapy has helped people manage stress induced by the current chaotic lifestyle lived by many people. It can also help disorders like back pains, anxiety, neck pain, stress headaches, and many more such lifestyle-induced problems. The most common physiotherapy equipment includes walking canes, crutches, and walkers. There are various types of walking canes like forearm canes, quad canes, and white canes.
Browse the full “Physiotherapy Equipment Market Size, Share, Growth Analysis Report By Type (Ultrasound, Hydrotherapy, Heat Therapy, Continuous Passive Motion, Therapeutic Exercises, Cryotherapy, Electric Stimulation, and Others), By Application (Musculoskeletal, Neurology, Cardiovascular & Pulmonary, and Others), By Demographic (Geriatric Population and Non-Geriatric Population), By End-User (Rehabilitation Centers, Hospitals, and Others), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2030" report at https://www.fnfresearch.com/physiotherapy-equipment-market
Similarly, crutches can also be classified into platform crutches, axillary types, and forearm crutches. Mobility scooters and wheelchairs are also classified as physiotherapy equipment. These devices fall in the mobility equipment section as they are used on patients that have difficulty moving around. Other types of equipment include electrical muscle stimulation (EMS) equipment meant for cases related to accidents or strokes. There are other types of treatments available as well with each type specially designed to treat patients with certain conditions.
The global physiotherapy equipment market is projected to grow owing to the increasing number of accident cases across the world requiring physiotherapy to regain full mobility. As per official reports, traffic collisions are major reasons for deaths or critical injuries in India. As per the National Crime Record Bureau (NCRB), India recorded more than 150,000 traffic-related fatalities in 2021. The global market growth may be further driven by the increasing investments in the sports sector to provide players with the best physiotherapy sessions since sports injuries are extremely common amongst professional players.
As per the statistics claimed by Johns Hopkins Medicine, more than 3.5 million American children participating in some form of sports or recreational activity, suffer from injuries per year. For instance, footballers are typically known to suffer from conditions like hip pointers, ankle sprains, football concussions, wrist and hand injuries, knee injuries, and acromioclavicular sprains. More than 51% of sports-related injuries occur during training sessions and 49% occur outside training.
One of the key constraints that could limit the growth in the global market is the presence of uncertified or inexperienced professionals treating patients due to a lack of awareness. This is further encouraged by the absence of stringent regulatory measures that can track and counter the number of people practicing physiotherapy with non-recognized certificates or just by marketing themselves as renowned physiotherapists. Such activities have proven to be extremely harmful to the general population.
The increasing research and product innovation may provide growth opportunities whereas the lack of training infrastructure could challenge market expansion.
Segmental Overview:
The global physiotherapy equipment market is segmented based on type, application, demographic, end-user, and region.
Based on application, the global market divisions are musculoskeletal, neurology, cardiovascular & pulmonary, and others. More than 60% of the global market share was dominated by the musculoskeletal segment in 2021 due to the growing number of patients suffering from various types of musculoskeletal disorders. Medical issues that are related to persistent pain that greatly limits mobility, ability to work, or dexterity are classified as musculoskeletal disorders. The World Health Organization estimates that more than 1.71 billion people suffer from some form of musculoskeletal disorder. The global market may register higher growth in the cardiovascular & pulmonary segment due to the increasing invention of devices to help people who suffer stroke-induced mobility or medical issues that cannot be treated with other means.
Based on end-user, the global market is segmented as rehabilitation centers, hospitals, and others. In 2021, the largest part of the segmental market was dominated by the hospitals segment due to the high cost associated with the treatment. Hospitals or specialized centers are relatively less expensive than rehabilitation centers and hence most people prefer to get treated in hospitals that also provide medical reimbursements. The increasing effort on the government level to provide the general population with easy access to physiotherapy could help the segment generate more revenue. A physiotherapy course may last around 2 to 3.5 years.
Regional Overview:
North America is anticipated to lead the global physiotherapy equipment market due to the presence of some of the most dominating manufacturers of such devices with access to international markets. The growing number of people opting for physiotherapy sessions due to various mobility-related issues is expected to help the region grow further.
Asia-Pacific may register a high CAGR due to the increasing investments in the development of new devices as well as the opening of new physiotherapy centers by private companies as well as government bodies. Growth in Europe is projected to be led by the growing geriatric population in the European nations as well as high access to treatment due to advanced medical infrastructure.
Report Scope
Report Attribute |
Details |
Market Size in 2021 |
USD 19.05 Billion |
Projected Market Size in 2030 |
USD 34 Billion |
CAGR Growth Rate |
6.7% CAGR |
Base Year |
2021 |
Forecast Years |
2022-2030 |
Key Market Players |
RICHMAR, BTL, Whitehall Manufacturing, Zimmer MedizinSysteme GmbH, EMS Physio Ltd., Performance Health, and others. |
Key Segment |
By Type, Application, Demographic, End-User, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Competitive Landscape:
The global physiotherapy equipment market is led by players like RICHMAR, BTL, Whitehall Manufacturing, Zimmer MedizinSysteme GmbH, EMS Physio Ltd., Performance Health, and others.
Recent Developments:
- In November 2022, Jefferson Health surgeons implanted Vivistim, a new US Food and Drug Administration (FDA) approved device that can improve the efficiency of rehabilitation therapy in patients with stroke-induced upper mobility issues
- In May 2022, researchers at the Indian Institute of Science developed a wearable and soft device that can help disabled stroke patient gain mobility in their hands
The global physiotherapy equipment market is segmented as follows:
By Type
- Ultrasound
- Hydrotherapy
- Heat Therapy
- Continuous Passive Motion
- Therapeutic Exercises
- Cryotherapy
- Electric Stimulation
- Others
By Application
- Musculoskeletal
- Neurology
- Cardiovascular & Pulmonary
- Others
By Demographic
- Geriatric Population
- Non-Geriatric Population
By End-User
- Rehabilitation Centers
- Hospitals
- Others
By Region
- North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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