Global physiotherapy
equipment market size is expected to reach USD 24.7 billion by
2022, according to a new study by Grand View Research Inc. Growing prevalence
of neurological and musculoskeletal disorders are expected to drive the
physiotherapy equipment market over the forecast period. The presence of
efficient and effective therapies such as ultrasound and cryotherapy,
advancement in the technologies coupled with implementation of favorable
government policies is expected to significantly contribute towards expedited
market growth. In 2014, musculoskeletal was the largest application segment
with revenue estimated at over USD 8.0 billion. However, neurology is expected
to witness rapid growth owing to the growing prevalence of Parkinson’s disease,
epilepsy and autism in the U.S. and China.
Browse full research report on Physiotherapy Equipment Market: https://www.grandviewresearch.com/industry-analysis/physiotherapy-equipment-market
Further
key findings from the study suggest:
- Ultrasound was the largest physiotherapy segment of the market in
2014 and is expected to witness a lucrative growth of over 8.0% over the
forecast period. The fact that it is the most common therapy for the
management of soft tissue lesions which constitutes one of the causes for
rheumatic complaints and renders reduction in the healing time of soft
tissue injuries is expected to drive growth.
- Hospitals dominated the end-use market owing to, presence of high
patient volume and the supportive infrastructure. On the other hand, the
home based treatment is expected to spearhead the growth of the other
facilities segment during the forecast period. Cost effectiveness
associated with this treatment facility is likely to drive segment growth.
- North America dominated the market in 2014, with revenue estimated
at USD 5.74 billion. Increasing baby boomer population, presence of
favorable government policies and sophisticated healthcare infrastructure
are some key drivers of this market.
- Asia Pacific is expected to witness substantial growth during the
forecast period owing to rising population, high investment opportunities
and developing healthcare infrastructure. Japan was the largest Asia
Pacific market in 2014. By 2025, Japan is anticipated to have over 36% of
its population over the age of 60 along with being one of the largest
economies in terms of healthcare providers. Health insurance coverage for
physiotherapy treatments and services is expected to spur market
expansion. According to the Japanese National Health Insurance, over 90%
of the cost for homecare services and devices is reimbursed promoting
higher spending by patients.
- Key players of the physiotherapy equipment market include DJO
Global, Patterson Medical, Isokinetics Inc., EMS Physio and BTL
Industries.
Browse more reports of this category
by Grand View Research: https://www.grandviewresearch.com/industry/medical-devices
Grand
View Research has segmented the physiotherapy equipment market on the basis of
products:
Global
Physiotherapy Equipment Application Outlook (Revenue, USD Million, 2012 - 2022)
- Neurology
- Stroke
- Spinal cord
injuries
- Parkinson’s
disease
- Multiple
sclerosis
- Cerebral
palsy
- Others
- Musculoskeletal
- Pediatric
- Cardiovascular
& Pulmonary
- Others
Global Physiotherapy
Equipments Types Outlook (Revenue, USD Million, 2012 - 2022)
- Hydrotherapy
- Cryotherapy
- CPM
- Ultrasound
- Electric
Stimulation
- Heat Therapy
- Therapeutic
Exercise
- Others
Global
Physiotherapy Equipments Demographic Outlook (Revenue, USD Million, 2012 -
2022)
- Geriatric
population
- In-patient
(hospital) treatment
- Out-patient
treatment
- Convalescent
homes based treatment
- Home based
treatment
- Others
- Non-geriatric
population
- In-patient
(hospital) treatment
- Out-patient
treatment
- Convalescent
homes based treatment
- Home based
treatment
- Others
Global
Physiotherapy Equipment End Use Outlook (Revenue, USD Million, 2012 -
2022)
- Hospitals
- Clinics
- Others
Physiotherapy
Equipment Regional Outlook (Revenue, USD Million, 2012 - 2022)
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Rest of
Europe
- Asia Pacific
- Japan
- China
- India
- Rest of Asia
Pacific
- Latin America
- Brazil
- Mexico
- Rest of
Latin America
- Middle East
and Africa
- South Africa
- Rest of
Middle East and Africa
About Grand View
Research
Grand View Research, Inc. is a U.S. based market
research and consulting company, registered in the State of California and
headquartered in San Francisco. The company provides syndicated research
reports, customized research reports, and consulting services. To help clients
make informed business decisions, we offer market intelligence studies ensuring
relevant and fact-based research across a range of industries, from technology
to chemicals, materials and healthcare.
For more information: www.grandviewresearch.com
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