Physiotherapy Equipment Market Demand, Growth Opportunities and Recent Trends by Leading Manufacturers
The global physiotherapy
equipment market is significantly growing due to technological
advancements, such as implanted devices, rehabilitation robots, exoskeleton,
and others. The technological advancements, such as implanted devices, help to
increase the patient’s comfort level and improve patient care. The increasing
demand for home physiotherapy and portable physiotherapy equipment are also
creating growth opportunities for the global physiotherapy equipment market.
The massive unexplored market in the physiotherapy equipment industry of the
developing economies is creating abundant growth opportunities for the
physiotherapy equipment market to grow at a considerable rate during the
forecast period.
On the basis of product, the physiotherapy market can be
categorized as equipment and accessories, where equipment leads the market in
terms of market size. Equipment is further segmented into ultrasound, continuous
passive motion (CPM), hydrotherapy, electrical stimulation, heat therapy, and
therapeutic exercises. Cryotherapy is a new technology, which is gaining
popularity among athletes. Further, the accessories are segmented as orthoses
and other assistive devices, such as wheel chairs and crutches.
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Geographically, North America is likely to dominate the
global physiotherapy equipment market in the coming years, due to upsurge in geriatric
population and increasing prevalence of cardiovascular and neurological
diseases. Asia-Pacific is the fastest growing region in the global
physiotherapy equipment market, due to increasing healthcare expenditure,
presence of huge pool of patients, intensifying government support, and up
surging prevalence of cardiovascular, musculoskeletal, and neurological
diseases in the region. Moreover, the physiotherapy equipment market is growing
due to increasing awareness among the population, and refining healthcare
infrastructure in the emerging countries, such as India and China.
Some of the companies operating in the global physiotherapy
equipment market are BTL Industries, Djo Global, Body Sport, HMS Medical
Systems, Isokinetics Inc., ENRAF-Nonius B.V., EMS Physio Ltd., Patterson
Companies Inc., and Morris Group Internationals.
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