The global Physiotherapy Equipment Market size is expected to reach USD 36.3 billion by 2027, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The growing prevalence of neurological, musculoskeletal, and spinal cord disorders, early disease diagnosis, and awareness about physiotherapy are some of the factors driving the market growth.
One of the current trends in the market is
the use of video games and rehabilitation robots. NINTENDO WII, a video game,
has proven to be beneficial in the rehabilitation process. While playing the
game, patients need to perform repetitive movements such as rolling a bowling
alley ball or swinging a tennis racket, which in turn helps patients in the
movement of muscles and maintains coordination between balance and movement.
The rising need for new therapies along
with the commercialization of various equipment is expected to boost the market
growth in the coming years. In January 2019, Quantum Cryogenics launched
CryoQube, a whole-body cryotherapy chamber, due to growing demand for the
therapy in U.K.
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summary: Physiotherapy Equipment Market Report
Physiotherapy Equipment Market Report
Highlights
- The musculoskeletal application segment dominated the market in
2019 due to rising prevalence of musculoskeletal disorders and the ability
of physiotherapy to prevent and reduce their adverse effects
- The cardiovascular and pulmonary application segment is expected to
witness the fastest CAGR from 2020 to 2027 owing to increasing cases of
cardiovascular and pulmonary diseases
- The ultrasound type segment dominated the market in terms of
revenue share in 2019 and is expected to witness the highest CAGR over the
forecast period, since it is one of most commonly used therapies for soft
tissue lesions treatment
- The non-geriatric demographics segment accounted for the largest
share in 2019 in terms of revenue due to rising cases of musculoskeletal
disorders
- The hospitals and clinics segment led the market in terms of
revenue share in 2019 owing to the presence of supportive infrastructure
and high patient volume
- In 2019, North America held a majority of the physiotherapy
equipment market share in terms of revenue in 2019 due to increasing
number of baby boomers, presence of favorable government policies, and
sophisticated healthcare infrastructure
- The market in Asia Pacific is expected to witness the fastest CAGR
over the forecast period owing to rising population, high investment
opportunities, and developing healthcare infrastructure
- Some of the key companies in the global market are DJO Global,
Inc.; Patterson Medical; Isokinetics, Inc.; EMS Physio Ltd.; and BTL
Industries.
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Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
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