What the market looks like?
Growth in physiotherapy equipment market is
driven by rapidly growing geriatric population and the subsequent increase in
the global prevalence of chronic diseases, and growing incidence of sports
injuries, degenerative joint disorders, and cerebrovascular disease.
According to the new market research report “Physiotherapy
Equipment Market by Product (Laser Therapy,
Ultrasound, Cryotherapy, Electrotherapy, and Accessories), Application
(Musculoskeletal, Gynecology, Pediatric, Cardiovascular), and Region – Global
Forecast to 2024″, published by MarketsandMarkets™, the Physiotherapy
Equipment Market is projected to reach USD 21.1 billion by 2024 from US 15.0
billion in 2018, at a CAGR of 5.8%.
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Global Market Segmentation:
The electrotherapy equipment segment is projected to occupy the majority of
the market share during the forecast period.
The electrotherapy equipment segment is projected to hold the largest share of
the market, during the forecast period. The large share of the segment is
primarily attributed to the by rapid adoption electrical stimulation-based
techniques in rehabilitation. It includes techniques, such as Transcutaneous
Electrical Nerve Stimulation, Functional Neuromuscular Stimulation, H-wave
Stimulation, Neuromuscular Electrical Stimulation, Interferential Stimulation,
Microcurrent Stimulation, Galvanic Stimulation, Sympathetic Therapy, Peripheral
Subcutaneous Field Stimulation, Peroneal Nerve Stimulation, and Auricular
Stimulation (P-stim).
Browse and in-depth TOC on “Physiotherapy Equipment Market”
64 – Tables
19 – Figures
114 – Pages
Geographical Growth Analysis:
In 2018, Europe accounted for the largest share of the market.
The physiotherapy equipment market is predominantly divided into four major
geographies, namely, North America, Europe, Asia Pacific, and the Rest of the
World. Europe accounted for the largest share of this market, followed by North
America. The major drivers for the growth of this market are the rising
geriatric population, increasing inclination for active lifestyles, the
penetration of physiotherapy services, and favorable healthcare reforms.
However, an uncertain reimbursement scenario and the need for reforms in
physiotherapy educational practices are hindering the growth of this market.
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Major vendors in the physiotherapy equipment market include DJO Global (US),
Performance Health (US), BTL Industries (US), and EMS Physio (UK).
