Physical Therapy Equipment Market Overview:
According to MRFR analysis, the global Physical Therapy Equipment Market is expected to register a CAGR of 6.21% during the forecast period of 2019 to 2025 and is expected to reach USD 19,100 Million by 2025.
Physical therapy equipment are the tools used by physiotherapist to cure patients with musculoskeletal disorders. These equipment are used for many applications such as neurological, cardiovascular and pulmonary, gynecological, pediatric, and others.
The global physical therapy equipment market has been segmented, on the basis of application, into musculoskeletal applications, cardiovascular & pulmonary applications, gynecological applications, neurological applications, and others.
Physical Therapy Equipment - Key Players
• DJO Global
• BTL Industries
• Enraf-Nonius B.V
• Dynatronics Corporation
• EMS Physio
• ITO Co. Ltd
• Mectronic Medicale
• Performance Health
• Whitehall Manufacturing
• Zimmer Medizinsysteme GmbH
Physical Therapy Equipment Market Regional Analysis:
Americas: The Americas holds the largest share in the global physical therapy equipment market.
North America: The North American market for physical therapy equipment is growing at a substantial rate. This is attributed to well-established physical therapy centers which constitute advanced physical therapy systems and instruments and rising incidences of cardiopulmonary and neurological diseases.
Europe: The growing prevalence of orthopedic problems, cardiopulmonary diseases coupled with neurological disorders in the region are expected to boost the growth of the regional market.
• UK: Approximately there are around 7.4 million people living with heart and circulatory diseases in the UK, including 3.9 million men and 3.5 million women. Thus, the increasing use of physical therapy in the UK with increased government spending and support for the physical therapy equipment and therapy.
• Germany: A large number of distributors and suppliers of physical therapy equipment in this country pushes for the growth of the physical therapy equipment market in Germany.
Asia-Pacific: Asia-Pacific is estimated to be the fastest-growing market owing to the developing healthcare infrastructure and increasing disposable income. Improving healthcare infrastructure has increased the number of research activities in the region.
• Japan: The increase in the prevalence of hemorrhagic strokes and focus on strategic agreements of companies operating in this country are expected to boost the growth of the physical therapy equipment market in Japan. In China and Japan, hemorrhagic strokes account for a greater proportion than all other strokes, ranging from 17.1% to 39.4% in China and 38.7% in Japan. This demands for improved equipment for physical therapy.
• India: The increasing geriatric population, coupled with an increase in average healthcare spending, are driving the growth of the Indian physical therapy equipment market. Nearly 104 million elderly (aged 60 years or above) population is present in India among them, 53 million are females, and 51 million are males. The increased geriatric population leads to increase in chronic diseases as well as an age-related degenerative disease of joints and muscles. This causes increased use of physical therapy equipment in India.
Middle East & Africa: The market in the Middle East & Africa is expected to witness steady growth due to limited access to healthcare. The growing awareness regarding healthcare and the availability of new advanced treatment options are factors expected to drive the growth of the market in the region. Also, many pharmaceutical companies are targeting developing and underdeveloped countries in the region to expand their reach and increase the target audience. For instance, BTL Industries marks presence in five countries in Africa