Europe is the major revenue-generating regions in the global
physiotherapy
equipment market. Factors such as the rising geriatric population,
increasing inclination for active lifestyles, the penetration of physiotherapy
services, and favorable healthcare reforms are driving the growth of the
physiotherapy equipment industry in Europe.
Players in the physiotherapy equipment market are increasingly focusing on
technological advancements and developing new products to bring out advanced
and easy-to-use devices. Advancements such as virtual reality, robotics,
exoskeletons, implanted devices, and interactive video games are expected to
provide a wide range of opportunities for market players.
The physiotherapy equipment market is projected to reach USD 21.1 billion by
2024 from USD 15.1 billion in 2018, at a CAGR of 5.8%. The growth of this
market is primarily 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.
Get Crucial Industry Insights | Download PDF
Brochure Now:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=65250228
Application Of Physiotherapy Equipment Market:
1. Musculoskeletal Applications
2. Neurological Applications
3. Cardiovascular & Pulmonary Applications
4. Pediatric Applications
5. Gynecological Applications
In 2018, the musculoskeletal applications segment accounted for the largest
share of the market, followed by the neurological applications segment. The
large share of the musculoskeletal applications segment is attributed to the rising
incidence of musculoskeletal disorders, growth in the geriatric population, and
the increasing number of accidents.
The electrotherapy equipment segment is projected to grow at the highest CAGR
between 2018 and 2024. Growth in this segment is mainly driven by the
increasing adoption of electric stimulation-based techniques for physiotherapy.
Neuromuscular electrical stimulation (NMES), specifically functional electrical
stimulation (FES) that compensates for voluntary motion, and therapeutic electrical
stimulation (TES) aimed at muscle strengthening and recovery from paralysis are
widely used in clinical settings for rehabilitation, especially for stroke.
Cybertherapy is another technological advancement spurring market growth. In
cybertherapy, patients use a wireless interface with their doctors. The use of
eTherapy is also gaining wider acceptance as it is associated with a wide range
of benefits for medical professionals and patients in need of physiological
treatments. Such technological advances will propel the demand for
physiotherapy products in the forecast period.
Get Expert Analysis | Request Sample Report
Now:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=65250228
Key Players In Global Physiotherapy Equipment
Market:
DJO Global, Inc., BTL Industries, Enraf-Nonius B.V, Dynatronics
Corporation, EMS Physio, ITO Co. Ltd, Mectronic Medicale, Performance
Health (Subsidiary of Madison Dearborn Partners), Whitehall Manufacturing,
Zimmer Medizinsysteme GmbH.
Acupuncture is widely used and accepted throughout the medical community as a
viable alternative to physiotherapy owing to its numerous benefits, such as
high patient compliance and low cost. Owing to its wide range of benefits and
low costs, many patients opt for acupuncture over other physiotherapy options,
which challenges market growth to a certain extent.