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Global Physiotherapy Equipment Market Size, Share, Growth: By Product Type: Hydrotherapy, Electrotherapy, Laser Therapy, Ultrasound Therapy, Shock Wave Therapy, Heat Therapy, Others; By Application: Neurological, Musculoskeletal, Pediatrics, Others; By End User; Regional Analysis; Supplier Landscape; 2024-2032
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:
|
| Breakup by Product Type |
|
| Breakup by Application |
|
| Breakup by End User |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Supplier Landscape |
|
| Companies Covered |
|
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?
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage – Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Physiotherapy Equipment Market Overview
3.1 Global Physiotherapy Equipment Market Historical Value (2017-2023)
3.2 Global Physiotherapy Equipment Market Forecast Value (2024-2032)
4 Global Physiotherapy Equipment Market Landscape*
4.1 Global Physiotherapy Equipment Market: Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Physiotherapy Equipment Market: Product Landscape
4.2.1 Analysis by Equipment Type
4.2.2 Analysis by Application
5 Global Physiotherapy Equipment Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.2.1 Strengths
5.2.2 Weaknesses
5.2.3 Opportunities
5.2.4 Threats
5.3 Porter’s Five Forces Model
5.3.1 Bargaining Power of Suppliers
5.3.2 Bargaining Power of Buyers
5.3.3 Threat of New Entrants
5.3.4 Threat of Substitutes
5.3.5 Degree of Rivalry
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Physiotherapy Equipment Market Segmentation (2017-2032)
6.1 Global Physiotherapy Equipment Market (2017-2032) by Product Type
6.1.1 Market Overview
6.1.2 Hydrotherapy
6.1.3 Electrotherapy
6.1.4 Laser Therapy
6.1.5 Ultrasound Therapy
6.1.6 Shock wave therapy
6.1.7 Heat Therapy
6.1.8 Others
6.2 Global Physiotherapy Equipment Market (2017-2032) by Application
6.2.1 Market Overview
6.2.2 Neurological
6.2.3 Musculoskeletal
6.2.4 Pediatrics
6.2.5 Cardiovascular and Pulmonary
6.2.6 Others
6.3 Global Physiotherapy Equipment Market (2017-2032) by End User
6.3.1 Hospitals
6.3.2 Rehabilitation Centers/Clinics
6.3.3 Others
6.4 Global Physiotherapy Equipment Market (2017-2032) by Region
6.4.1 Market Overview
6.4.2 North America
6.4.3 Europe
6.4.4 Asia Pacific
6.4.5 Latin America
6.4.6 Middle East and Africa
7 North America Physiotherapy Equipment Market (2017-2032)
7.1 North America Physiotherapy Equipment Market (2017-2032) by Product Type
7.1.1 Market Overview
7.1.2 Hydrotherapy
7.1.3 Electrotherapy
7.1.4 Laser Therapy
7.1.5 Ultrasound Therapy
7.1.6 Shock wave therapy
7.1.7 Heat Therapy
7.1.8 Others
7.2 North America Physiotherapy Equipment Market (2017-2032) by Application
7.2.1 Market Overview
7.2.2 Neurological
7.2.3 Musculoskeletal
7.2.4 Pediatrics
7.2.5 Cardiovascular and Pulmonary
7.2.6 Others
7.3 North America Physiotherapy Equipment Market (2017-2032) by Country
7.3.1 United States of America
7.3.2 Canada
8 Europe Physiotherapy Equipment Market (2017-2032)
8.1 Europe Physiotherapy Equipment Market (2017-2032) by Product Type
8.1.1 Market Overview
8.1.2 Hydrotherapy
8.1.3 Electrotherapy
8.1.4 Laser Therapy
8.1.5 Ultrasound Therapy
8.1.6 Shock wave therapy
8.1.7 Heat Therapy
8.1.8 Others
8.2 Europe Physiotherapy Equipment Market (2017-2032) by Application
8.2.1 Market Overview
8.2.2 Neurological
8.2.3 Musculoskeletal
8.2.4 Pediatrics
8.2.5 Cardiovascular and Pulmonary
8.2.6 Others
8.3 Europe Physiotherapy Equipment Market (2017-2032) by Country
8.3.1 United Kingdom
8.3.2 Germany
8.3.3 France
8.3.4 Italy
8.3.5 Others
9 Asia Pacific Physiotherapy Equipment Market (2017-2032)
9.1 Asia Pacific Physiotherapy Equipment Market (2017-2032) by Product Type
9.1.1 Market Overview
9.1.2 Hydrotherapy
9.1.3 Electrotherapy
9.1.4 Laser Therapy
9.1.5 Ultrasound Therapy
9.1.6 Shock wave therapy
9.1.7 Heat Therapy
9.1.8 Others
9.2 Asia Pacific Physiotherapy Equipment Market (2017-2032) by Application
9.2.1 Market Overview
9.2.2 Neurological
9.2.3 Musculoskeletal
9.2.4 Pediatrics
9.2.5 Cardiovascular and Pulmonary
9.2.6 Others
9.3 Asia Pacific Physiotherapy Equipment Market (2017-2032) by Country
9.3.1 China
9.3.2 Japan
9.3.3 India
9.3.4 ASEAN
9.3.5 Australia
9.3.6 Others
10 Latin America Physiotherapy Equipment Market (2017-2032)
10.1 Latin America Physiotherapy Equipment Market (2017-2032) by Product Type
10.1.1 Market Overview
10.1.2 Hydrotherapy
10.1.3 Electrotherapy
10.1.4 Laser Therapy
10.1.5 Ultrasound Therapy
10.1.6 Shock wave therapy
10.1.7 Heat Therapy
10.1.8 Others
10.2 Latin America Physiotherapy Equipment Market (2017-2032) by Application
10.2.1 Market Overview
10.2.2 Neurological
10.2.3 Musculoskeletal
10.2.4 Pediatrics
10.2.5 Cardiovascular and Pulmonary
10.2.6 Others
10.3 Latin America Physiotherapy Equipment Market (2017-2032) by Country
10.3.1 Brazil
10.3.2 Argentina
10.3.3 Mexico
10.3.4 Others
11 Middle East and Africa Physiotherapy Equipment Market (2017-2032)
11.1 Middle East and Africa Physiotherapy Equipment Market (2017-2032) by Product Type
11.1.1 Market Overview
11.1.2 Hydrotherapy
11.1.3 Electrotherapy
11.1.4 Laser Therapy
11.1.5 Ultrasound Therapy
11.1.6 Shock wave therapy
11.1.7 Heat Therapy
11.1.8 Others
11.2 Middle East and Africa Physiotherapy Equipment Market (2017-2032) by Application
11.2.1 Market Overview
11.2.2 Neurological
11.2.3 Musculoskeletal
11.2.4 Pediatrics
11.2.5 Cardiovascular and Pulmonary
11.2.6 Others
11.3 Middle East and Africa Physiotherapy Equipment Market (2017-2032) by Country
11.3.1 Saudi Arabia
11.3.2 United Arab Emirates
11.3.3 Nigeria
11.3.4 South Africa
11.3.5 Others
12 Regulatory Framework
12.1 Regulatory Overview
12.1.1 US FDA
12.1.2 EU EMA
12.1.3 INDIA CDSCO
12.1.4 JAPAN PMDA
12.1.5 Others
13 Patent Analysis
13.1 Analysis by Component of Patent
13.2 Analysis by Publication year
13.3 Analysis by Issuing Authority
13.4 Analysis by Patent Age
13.5 Analysis by CPC Analysis
13.6 Analysis by Patent Valuation
13.7 Analysis by Key Players
14 Grants Analysis
14.1 Analysis by Year
14.2 Analysis by Amount Awarded
14.3 Analysis by Issuing Authority
14.4 Analysis by Grant Product
14.5 Analysis by Funding Institute
14.6 Analysis by Departments
14.7 Analysis by Recipient Organization
15 Funding and Investment Analysis
15.1 Analysis by Funding Instances
15.2 Analysis by Component of Funding
15.3 Analysis by Funding Amount
15.4 Analysis by Leading Players
15.5 Analysis by Leading Investors
15.6 Analysis by Geography
16 Partnership and Collaborations Analysis
16.1 Analysis by Partnership Instances
16.2 Analysis by Component of Partnership
16.3 Analysis by Leading Players
16.4 Analysis by Geography
17 Supplier Landscape
17.1 Market Share by Top 5 Companies
17.2 Life Care Systems
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Enovis
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 EMS Physio Ltd
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Dynatronics Corporation
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 TAPSI PHYSIOTHERAPY EQUIPMENTS
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 BTL
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 HMS Medical Systems
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 Whitehall Rehabilitation
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Zynex, Inc.
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 Zimmer MedizinSysteme GmbH
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
17.12 Ito Co., Ltd
17.12.1 Financial Analysis
17.12.2 Product Portfolio
17.12.3 Demographic Reach and Achievements
17.12.4 Mergers and Acquisitions
17.12.5 Certifications
17.13 Storz Medical AG
17.13.1 Financial Analysis
17.13.2 Product Portfolio
17.13.3 Demographic Reach and Achievements
17.13.4 Mergers and Acquisitions
17.13.5 Certifications
17.14 COMPASS HEALTH BRANDS CORP
17.14.1 Financial Analysis
17.14.2 Product Portfolio
17.14.3 Demographic Reach and Achievements
17.14.4 Mergers and Acquisitions
17.14.5 Certifications
17.15 Astar
17.15.1 Financial Analysis
17.15.2 Product Portfolio
17.15.3 Demographic Reach and Achievements
17.15.4 Mergers and Acquisitions
17.15.5 Certifications
17.16 EMBITRON s.r.o.
17.16.1 Financial Analysis
17.16.2 Product Portfolio
17.16.3 Demographic Reach and Achievements
17.16.4 Mergers and Acquisitions
17.16.5 Certifications
18 Global Physiotherapy Equipment Market – Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket
*Additional insights provided are customisable as per client requirements.
* The coverage of the Market Landscape section depends on the data availability and may cover a minimum of 80% of the total market. The EMR team strives to make this section as comprehensive as possible.
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