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Report Overview

2023

Base Year

2017-2023

Historical Year

2024-2032

Forecast Year

Global Physiotherapy Equipment Market Size

The global physiotherapy equipment market was valued at USD 21.04 billion in 2023, driven by increasing incidence of sports injuries across the globe. The market is expected to grow at a CAGR of 7% during the forecast period of 2024-2032, with the values likely to reach USD 38.02 billion by 2032.

Global Physiotherapy Equipment Market Outlook

  • The market is experiencing a surge in new product launches. In February 2024, Enovis announced the launch of Intelect® Legend 2 and Intelect® Transport 2, which are the latest additions to Enovis Recovery Sciences’ Chattanooga® electrotherapy portfolio and the company’s extensive line of rehabilitation products.
  • In February 2024, Zynex Inc., announced US FDA approval of next generation M-Wave Neuromuscular Electrical Stimulation (“NMES”) device. The NMES devices are helpful in managing chronic pain, and even enhancing exercise performance in healthy individuals.
  • In March 2023, Nevro Corp., announced the US launch of HFX iQ spinal cord stimulation (SCS) system to personalize the treatment of chronic pain.

Global Physiotherapy Equipment Market Overview

Physiotherapy also referred as physical therapy are tools and equipment used by the physiotherapist in the treatment and rehabilitation of patients with different sports injuries, musculoskeletal, and neurological disorders, among others. The devices aid in improving the blood flow and thereby speeding up the healing process of tissues, tendons, muscles, etc. One of the key factors that propel the market growth is increasing incidence of sport injuries. As per the National Safety Council (NSC), in 2022 exercise equipment attributed to an estimated 445,642 injuries which contribute to the highest number of cases in any sports and recreation category. Additionally, the market is also driven by the increase in the number of chronic diseases such as musculoskeletal cases, among others.

Global Physiotherapy Equipment Market Growth Drivers

Increasing Incidence of Sports Injuries to Foster the Market Landscape Significantly

Sports injuries can vary in severity from mild sprains and strains to more serious ailments including fractures and torn ligaments. As per NSC 2022 data, around 3.6 million people were treated in emergency departments for injuries involving sports and recreational equipment. Among this, the most frequent activities associated with injuries are exercise, cycling, and basketball. According to the same source, the highest injury rate is seen in the age group of 15-24-year olds with males more prone to injuries as compared to females.

Increasing Incidence of Musculoskeletal and Neurological Disorders to Boost Physiotherapy Equipment Market Demand

Chronic disorders can cause severe pain in the muscles and joints; therefore, physiotherapy can be helpful in managing them. According to the World Health Organization (WHO), approximately 1.71 billion people are living with musculoskeletal conditions globally. The main conditions include low back pain, neck pain, fractures, other injuries, osteoarthritis, amputation, and rheumatoid arthritis. Furthermore, depending on the type, neurological conditions can cause significant movement problems which can even be worse with the disease progression. Some of the neurological conditions that can cause the need of physiotherapy includes Parkinson disease, cerebral palsy, and spinal cord injury, among others. As per the Parkinson Foundation, more than 10 million people are living with Parkinson globally. While around 15 million people are living with spinal cord injury. Therefore, as the number of chronic disorders is on rise globally, the market is seeing steady growth.

Global Physiotherapy Equipment Market Trends

The market is witnessing several trends and developments to improve the current global scenario. Some of the notable trends are as follows:

Trends Impact
Technological Innovations and Product Development Continuous advancements in technology has led to the development of new equipment which drives the physiotherapy market by enhancing treatment outcomes and patient experience.
Increasing Demand for Home-Based Healthcare Solutions    As the demand of home-based solutions is increasing, there is high demand of portable, user-friendly, and easy-to-use physiotherapy equipment that allows patients to manage their rehabilitation at home.
Increasing Demand for Home-Based Healthcare Solutions As the demand of home-based solutions is increasing, there is high demand of portable, user-friendly, and easy-to-use physiotherapy equipment that allows patients to manage their rehabilitation at home.
Integration of Digital Health Platforms Integration of digital tools and platforms are becoming more common in the physiotherapy equipment. Digital platforms with physiotherapy equipment enables seamless data collection and analysis of the patient, thereby enhancing treatment planning and monitoring.
Wearable Technology and Sensor-based Rehabilitation Wearable technology, sensors, and smart rehabilitation tools are widely used by the people due to the better functional outcomes, faster recovery, and improved quality of life following injury, surgery, or chronic health conditions.

Global Physiotherapy Equipment Market Segmentation

Market Breakup by Products Type

  • Hydrotherapy
  • Electrotherapy
  • Laser Therapy
  • Ultrasound Therapy
  • Shock wave therapy
  • Heat Therapy
  • Others

Market Breakup by Application

  • Neurological
  • Musculoskeletal
  • Pediatrics
  • Cardiovascular and Pulmonary
  • Others

Market Breakup by End User

  • Hospitals
  • Rehabilitation Centers/Clinics
  • Others

Market Breakup by Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa

Global Physiotherapy Equipment Market Share

Market Segmentation Based on Product Type to Undergo Substantial Development

Based on product type, the market segmentation includes hydrotherapy, electrotherapy, laser therapy, ultrasound therapy, shock wave therapy, heat therapy, and others. The type of physiotherapy equipment to be used on the patient depends on the specific patient population, clinical setting, and treatment goals. However, some of the most used equipment are electrotherapy, heat therapy. The physiotherapist may also employ a combination of product types depending on the patient’s need.

Application Areas are Expected to Witness Significant Growth

Based on application, the segment is divided into neurological, musculoskeletal, pediatrics, cardiovascular and pulmonary, and others. However, the physiotherapy is highly prescribed to the patients with neurological and musculoskeletal disorders. Lifestyle risk factors such as poor diet, physical inactivity are also contributing to the growth of neurological and musculoskeletal diseases, which will further impact the market value in the forecast period.

Global Physiotherapy Equipment Market Analysis by Region

Regionally, the market report offers an insight into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America and Europe, having a robust technological advancement and increasing cases of chronic diseases are estimated to hold a high market value. Increasing collaborations between academic institutions and MedTech companies to boost research initiatives also fuel the region’s market share.

Asia Pacific is projected to witness substantial growth. It can be accredited to increasing geriatric population. With a high demand for technologically advanced medical equipment, countries like India and China are experiencing increased growth.

Leading Players in the Global Physiotherapy Equipment Market

The key features of the market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:

  • Life Care Systems
  • Enovis
  • EMS Physio Ltd
  • Dynatronics Corporation
  • TAPSI PHYSIOTHERAPY EQUIPMENTS
  • BTL
  • HMS Medical Systems
  • Whitehall Rehabilitation
  • Zynex, Inc.
  • Zimmer MedizinSysteme GmbH
  • Ito Co., Ltd
  • Storz Medical AG
  • COMPASS HEALTH BRANDS CORP
  • Astar
  • EMBITRON s.r.o.

Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2017-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Application
  • End User
  • Region
Breakup by Product Type
  • Hydrotherapy
  • Electrotherapy
  • Laser Therapy
  • Ultrasound Therapy
  • Shock wave therapy
  • Heat Therapy
  • Others
Breakup by Application
  • Neurological
  • Musculoskeletal
  • Pediatrics
  • Cardiovascular and Pulmonary
  • Others
Breakup by End User
  • Hospitals 
  • Rehabilitation Centers/Clinics 
  • Others   
Breakup by Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
Market Dynamics
  • Market Drivers and Constraints
  • SWOT Analysis
  • Porter’s Five Forces Model 
  • Key Demand Indicators
  • Key Price Indicators
  • Industry Events, Initiatives, and Trends 
  • Value Chain Analysis
Supplier Landscape
  • Market Structure
  • Company Profiles
    • Financial Analysis
    • Product Portfolio
    • Demographic Reach and Achievements
    • Mergers and Acquisitions
    • Certifications
Companies Covered
  • Life Care Systems
  • Enovis
  • EMS Physio Ltd
  • Dynatronics Corporation
  • TAPSI PHYSIOTHERAPY EQUIPMENTS
  • BTL
  • HMS Medical Systems
  • Whitehall Rehabilitation
  • Zynex, Inc.
  • Zimmer MedizinSysteme GmbH
  • Ito Co., Ltd
  • Storz Medical AG 
  • COMPASS HEALTH BRANDS CORP
  • Astar
  • EMBITRON s.r.o.

Key Questions Answered in the Global Physiotherapy Equipment Market Report

  • What was the global physiotherapy equipment market value in 2023?
  • What is the global physiotherapy equipment market forecast outlook for 2024-2032?
  • What are the regional markets covered in the EMR report?
  • What is market segmentation based on product type?
  • Who are the major end users in the market?
  • What are the major factors aiding the global physiotherapy equipment market demand? 
  • How has the physiotherapy equipment market performed so far and how is it anticipated to perform in the coming years?
  • What are the market's major drivers, opportunities, and restraints? 
  • Which regional market is expected to lead the market share in the forecast period? 
  • Which country is expected to experience expedited growth during the forecast period? 
  • How does the incidence of chronic disorders affect the market landscape?
  • What are the major global physiotherapy equipment Market trends?
  • How does the rise in the sports injury impact the market size?
  • What product type will dominate the market share? 
  • Which application will dominate the market share?
  • How does the rise in the geriatric population impact the market size?
  • Which region is expected to have a high market value in the coming years?
  • Which end-user will experience the highest demand in the market segment?
  • Who are the key players involved in the physiotherapy equipment market?
  • What is patent landscape of the market?
  • What are the current unmet needs and challenges in the market?
  • How are partnerships, collaborations, mergers and acquisitions among the key market players shaping the market dynamics?

Physiotherapy Equipment Market Report Snapshots

Physiotherapy Equipment Market Size

Physiotherapy Equipment Market Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124