Physiotherapy Equipment Market: Size, Growth, Regional Analysis, And Market Analysis

Physiotherapy Treatment:

Due to many factors such as urban living, senior population, and corporate lifestyle, physiotherapy (Physical Therapy), which uses mechanical force and movement for treatment, is rapidly gaining popularity. Because this is an entirely non-invasive procedure, it carries a shallow risk. Because of the rising prevalence of cardiovascular disorders, neurological disorders, and other maladies resulting from sedentary lifestyles and urbanization, physiotherapy equipment is in high demand. Injury, fractures, joint diseases, amputation, back and neck pain, arthritis, and post-operative conditions are treated with physiotherapy. 


Market Growth:

The global Physiotherapy Equipment Market is predicted to increase at a CAGR of 5.6 per cent over the forecast period, from an estimated value of USD 16.6 billion in 2020 to USD 21.7 billion in 2025. The physiotherapy equipment market is being propelled forward by the world's rapidly ageing population and the consequent rise in the global prevalence of chronic diseases. Furthermore, the rising prevalence of sports injuries, degenerative joint problems, and cerebrovascular illness would boost the market growth in the future years. However, the market expansion would be hampered by a lack of competent employees and alternative therapies such as acupuncture.


Ultrasound physiotherapy held the most significant market share in 2019 and is likely to continue to do so during the forecast period. By lowering swelling and oedema, this sort of physiotherapy speeds up the healing process. In addition, manufacturers' novel product development, which has received regulatory approval, contributes to the segment's growth.


Impact Of COVID-19:

Governments worldwide have declared country-wide lockdowns and social distancing measures in response to the COVID-19 epidemic to prevent health systems from collapsing. Medical procedures and elective surgeries have also been subjected to restrictions and bans by governments. These restrictions have limited the need for physiotherapy equipment. Physiotherapy equipment manufacturers are experiencing issues such as in-person product presentations, working at total capacity, and attending conferences that assist generate future sales prospects due to these constraints.


Regional Analysis:

The global physiotherapy equipment market is divided into four regions: North America, Europe, Asia Pacific, and the Rest of the World (RoW). During the projected period, Asia Pacific is expected to grow at the fastest rate. The rising senior population, the growing number of private sector hospitals, advancements in primary healthcare facilities, and the propensity toward active lifestyles contribute to this region's strong growth rate.


Key Players:

DJO Global (US), BTL Industries Inc. (US), Performance Health (US), ITO Co., Ltd. (Japan), Enraf-Nonius B.V. (Netherlands), Dynatronics Corporation (US), Medtronic Medicale (Italy), EMS Physio Ltd. (UK), Whitehall Manufacturing (US), Zimmer MedizinSysteme GmbH (Germany), Zinex Inc. (US), STORZ Medical AG (Switzerland), and Life (India) are the major key players of the physiotherapy equipment market

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