Global Physiotherapy Equipment Market Anticipated To Reach USD 25 Billion By 2024

New York, USA, 2018-Aug-23 — /EPR Network/ —According to Goldstein Research, global physiotherapy equipment market is segmented on the basis of products, application and by end-user. Application segment is further categorized into cardiovascular and pulmonary, musculoskeletal, neurology, pediatric and others (sports, women health, and palliative care). Based on the application, due to increasing number of popularity of heart stroke and autism, neurology is said to dominate the market over the coming next five to six years. Furthermore, neurology segment registered a growth rate of 7.0% in 2016. The market of physiotherapy covers USD 15.6 billion in 2016 in which global physiotherapy equipment market is expected to grow at a CAGR of 7% for the forecast period i.e. 2016-2024.

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“Global Physiotherapy Equipment Market Outlook, 2016-2024” covers the present ground scenario and future opportunity prospects for the market players to analyze the target markets across the globe. Moreover, competitive analysis includes the in-depth analysis of the major players and leaders in healthcare industry. The market study conducted on the basis of primary as well as secondary research where the analysts fragment the data from various databases such as Bloomberg, Factiva, Owler and others. Our primary research team conducted various interviews, surveys and group discussions of industry physiotherapy equipment manufacturers, suppliers, and distributors, pharmaceutical & biotechnology companies, healthcare institutions, clinical centers, medical research laboratories and academic medical centers and universities to analyze the future prospects of the overall healthcare industry.

 

Global Physiotherapy Equipment Market Segmentation can be classified on the basis of:

On the basis of products

  • Hydrotherapy
  • Cryotherapy
  • Continuous Passive Motion (CPM)
  • Electric Stimulation
  • Heat Therapy
  • Therapeutic Exercises
  • Ultrasound
  • Others (Laser Therapy, Wax Therapy, and Traction)

On the basis of application

  • Cardiovascular and Pulmonary
  • Musculoskeletal
  • Neurology
  • Pediatric
  • Others (Sports, Women Health, and Palliative Care)

On the basis of end users

  • Hospitals
  • Clinics
  • Diagnostic Labs
  • Others (Home health centers, schools and rehabilitation centre)

By Geography

  • North America (US, Canada) Physiotherapy Equipment Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) Physiotherapy Equipment Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) Physiotherapy Equipment Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) Physiotherapy Equipment Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) Physiotherapy Equipment Market {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}

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Market Trends, Drivers & Challenges

Every year more than 45% of Americans over 18 years of age has the problem of muscular skeleton will at least last for 3 months. Due to growing number of chronic diseases and neurological disorders across the globe, medical facilities are inclining towards the adoption of physiotherapy equipment. Growing awareness among the population towards the benefits of physiotherapy is propelling the demand for physiotherapy equipment in hospitals and nursing homes. Equipment innovation such as rehabilitation robots and others is driving the growth of global physiotherapy equipment market. However, the maintenance and equipments of physiotherapies are very costly and availability of alternative therapies tends to hinder the global physiotherapy equipment market.

“Global Physiotherapy Equipment Market Report” has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global physiotherapy equipment market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

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 vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

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