According to a new market report published by Persistence Market
Research “Global Market Study on Physiotherapy Equipment - Asia to
Witness Highest Growth by 2022”, the global
physiotherapy equipment market is estimated to be valued at US$15
Bn by the end of 2015 and is expected to grow at a CAGR of 6.8% from
2015 to 2022, to account for US$23.7 Bn by 2022.
Physiotherapy, also known as physical therapy, is a type of treatment
provided by physiotherapists (PTs) to develop and restore the body’s
proper functioning. The body’s movement and functioning are
adversely affected by age, injury, disease, and environmental
factors. PTs use a variety of physical therapy tools and equipment to
improve patient health and help them recover from medical conditions.
Moreover, by examining patient’s medical history and physical
examinations results, PTs develop management plans for prevention and
treatment of body pain or discomfort and for patient rehabilitation
post treatment.
Globally, the physiotherapy equipment market is witnessing
significant growth due to increasing prevalence of cardiovascular and
neurological diseases, growing aging population, the high incidence
of sports injuries, and rising awareness about therapeutic
applications of physical therapy. However, inadequate reimbursement
policies is a key restraint for the growth of the physiotherapy
equipment market.
The global physiotherapy equipment market is anticipated to grow from
an estimated US$15 Bn by the end of 2015 to US$23.7 Bn by 2022 at a
CAGR of 6.8% during the forecast period.
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North America dominated the physiotherapy equipment market due to
growing geriatric population and increasing the prevalence of
neurological and cardiopulmonary diseases. Moreover, rising
government initiatives is also supporting to the growth of the
physiotherapy equipment market in the region.
The Europe physiotherapy equipment market is expected to witness
moderate growth owing to increasing prevalence of neurological
disorders, musculoskeletal problems, and cardiopulmonary diseases.
Moreover, increasing aging population is also supporting the growth
of the market in the region.
The physiotherapy equipment market in Asia is expected to grow
rapidly during the forecast period due to the growing geriatric
population. Moreover, the substantially large population of patients
suffering from neurological diseases in Japan and China is also
supporting the growth of physiotherapy equipment market in the
region.
Enraf-Nonius B.V, DJO Global, EMS Physio Ltd., Dynatronics
Corporation, A. Algeo Limited, HMS Medical Systems, and BTL
Industries, Inc., are some of the leading players in the
physiotherapy equipment market. Other major players of physiotherapy
equipment market includeIsokinetics, Inc., Patterson Companies, Inc.,
and Whitehall Manufacturing.
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