PUBLISHER: Grand View Research | PRODUCT CODE: 1888703
PUBLISHER: Grand View Research | PRODUCT CODE: 1888703
U.S. Physical Therapy Services Market Size, Share & Trends Analysis Report By Application, By Settings, By Payer, And Segment Forecasts, 2025 - 2033
U.S. Physical Therapy Services Market Summary
The U.S. physical therapy services market size was valued at USD 50.23 billion in 2024 and is projected to reach USD 76.61 billion by 2033 growing at a CAGR of 4.88% from 2025 to 2033. The market is driven by several factors such as aging population, increased prevalence of chronic conditions, increased awareness of preventive care, and technological advancements. These drivers are expected to increase the demand for these services, by changing both patient behavior and the strategic direction of healthcare providers.
Rising Prevalence of Sports Injuries and Chronic Pain:
Increasing global sports participation has intensified competition within the sports industry, creating significant financial opportunities, particularly for athletes pursuing elite professional status. Hence, injured athletes frequently encounter considerable pressure from personal expectations and team management to resume competition quickly, as extended recovery periods can risk their position within the team. In October 2024, Project Play released its State of Play 2024 report, highlighting youth sports trends in the U.S., noting that in 2023, approximately 27.3 million children aged 6-17 participated in organized sports, representing 55.4% of that age group. The report emphasized the rising incidence of serious knee injuries among teen athletes and called for increased awareness and preventive measures. Early intervention, personalized care, and prevention-focused strategies are essential to facilitating effective recovery and a safe return to competition.
Physical therapy is critical in sports medicine, particularly in managing injuries during major international events. Sports physiotherapists' primary responsibilities include injury treatment, rehabilitation, and performance support through injury prevention, maintenance, and recovery strategies. Athletes value sports physiotherapists who demonstrate expertise, possess strong personal attributes, communicate effectively, and show genuine interest in their well-being. In 2024, according to the National Safety Council, sports and recreational injuries in the U.S. increased by 17%, with 4.4 million people treated in emergency departments, primarily from exercise, cycling, and basketball. The highest injury rates were observed among 15- to 24-year-olds, with males affected more than females, and most patients (90%) were treated and released.
U.S. Physical Therapy Services Market Report Segmentation
This report forecasts revenue growth at the country level and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. physical therapy services market report based on application, settings, and payer:
- Application Outlook (Revenue, USD Billion, 2021 - 2033)
- Orthopedic Therapy
- Neurological Therapy
- Geriatric Therapy
- Pediatric Therapy
- Women Health
- Cardiopulmonary Therapy
- Others
- Settings Outlook (Revenue, USD Billion, 2021 - 2033)
- Outpatient Clinics
- Hospitals
- Home Healthcare
- Others
- Payer Outlook (Revenue, USD Billion, 2021 - 2033)
- Public Insurance
- Private Insurance
- Out of Pocket
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.1.1. Segment Definitions
- 1.2. Estimates and Forecast Timeline
- 1.3. Research Methodology
- 1.4. Information Procurement
- 1.4.1. Purchased Database
- 1.4.2. GVR's Internal Database
- 1.4.3. Secondary Sources
- 1.4.4. Primary Research
- 1.4.5. Details of Primary Research
- 1.4.6. Research Assumption
- 1.5. Information or Data Analysis
- 1.5.1. Data Analysis Models
- 1.6. Market Formulation & Data Visualization
- 1.7. Model Details
- 1.7.1. Volume Price Analysis
- 1.8. Objectives
- 1.8.1. Objective - 1
- 1.8.2. Objective - 2
- 1.8.3. Objective - 3
- 1.9. List of Secondary Sources
- 1.10. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. U.S. Physical Therapy Services Market
- 2.1.1. Market Snapshot
- 2.1.2. Segment Snapshot
- 2.1.2.1. Application
- 2.1.2.2. Settings
- 2.1.2.3. Payer
- 2.1.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
- 3.1. Market Lineage Outlook
- 3.1.1. Parent Market Outlook
- 3.1.2. Related/Ancillary Market Outlook
- 3.2. Market Trends and Outlook
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.1.1. Rising prevalence of sports injury and chronic pain
- 3.3.1.2. Favorable reimbursement policies
- 3.3.1.3. Growing number of physical therapists
- 3.3.2. Market Restraint Analysis
- 3.3.2.1. Lower patient retention rates
- 3.3.1. Market Driver Analysis
- 3.4. Regulatory Framework
- 3.5. Business Environment Analysis Tools
- 3.5.1. Industry Analysis - Porter's Five Forces Analysis
- 3.5.1.1. Supplier power
- 3.5.1.2. Buyer power
- 3.5.1.3. Substitution threat
- 3.5.1.4. Threat of new entrant
- 3.5.1.5. Competitive rivalry
- 3.5.2. PESTEL Analysis
- 3.5.1. Industry Analysis - Porter's Five Forces Analysis
Chapter 4. U.S. Physical Therapy Services Market: Application Estimates & Trend Analysis
- 4.1. U.S. Physical Therapy Services Market: Application Movement Analysis
- 4.2. U.S. Physical Therapy Services Market: Application Segment Dashboard
- 4.3. Application Movement & Market Share Analysis, 2024 & 2033
- 4.4. U.S. Physical Therapy Services Market Estimates & Forecast, by Application
- 4.5. Orthopedic Therapy
- 4.5.1. Orthopedic therapy market, 2021 - 2033 (USD Billion)
- 4.6. Neurological Therapy
- 4.6.1. Neurological therapy market, 2021 - 2033 (USD Billion)
- 4.7. Geriatric Therapy
- 4.7.1. Geriatric therapy market, 2021 - 2033 (USD Billion)
- 4.8. Pediatric Therapy
- 4.8.1. Pediatric therapy market, 2021 - 2033 (USD Billion)
- 4.9. Women Health
- 4.9.1. Women health market, 2021 - 2033 (USD Billion)
- 4.10. Cardiopulmonary Therapy
- 4.10.1. Cardiopulmonary therapy market, 2021 - 2033 (USD Billion)
- 4.11. Others
- 4.11.1. Others market, 2021 - 2033 (USD Billion)
Chapter 5. U.S. Physical Therapy Services Market: Settings Estimates & Trend Analysis
- 5.1. U.S. Physical Therapy Services Market: Settings Movement Analysis
- 5.2. U.S. Physical Therapy Services Market: Settings Segment Dashboard
- 5.3. Settings Movement & Market Share Analysis, 2024 & 2033
- 5.4. U.S. Physical Therapy Services Market Estimates & Forecast, by Settings
- 5.5. Outpatient Clinics
- 5.5.1. Outpatient clinics market, 2021 - 2033 (USD Billion)
- 5.6. Hospitals
- 5.6.1. Hospitals market, 2021 - 2033 (USD Billion)
- 5.7. Home Healthcare
- 5.7.1. Home healthcare market, 2021 - 2033 (USD Billion)
- 5.8. Others
- 5.8.1. Others market, 2021 - 2033 (USD Billion)
Chapter 6. U.S. Physical Therapy Services Market: Payer Estimates & Trend Analysis
- 6.1. U.S. Physical Therapy Services Market: Payer Movement Analysis
- 6.2. U.S. Physical Therapy Services Market: Payer Segment Dashboard
- 6.3. Payer Movement & Market Share Analysis, 2024 & 2033
- 6.4. U.S. Physical Therapy Services Market Estimates & Forecast, by Payer
- 6.5. Public Insurance
- 6.5.1. Public insurance market, 2021 - 2033 (USD Billion)
- 6.6. Private Insurance
- 6.6.1. Private insurance market, 2021 - 2033 (USD Billion)
- 6.7. Out of Pocket
- 6.7.1. Out of pocket market, 2021 - 2033 (USD Billion)
Chapter 7. Competitive Landscape
- 7.1. Company Categorization
- 7.2. Company Market Position Analysis
- 7.3. Company Profiles/Listing
- 7.3.1. Select Physical Therapy
- 7.3.1.1. Overview
- 7.3.1.2. Financial performance
- 7.3.1.3. Service benchmarking
- 7.3.1.4. Strategic initiatives
- 7.3.2. U.S. Physical Therapy, Inc.
- 7.3.2.1. Overview
- 7.3.2.2. Financial performance
- 7.3.2.3. Service benchmarking
- 7.3.2.4. Strategic initiatives
- 7.3.3. ATI Physical Therapy
- 7.3.3.1. Overview
- 7.3.3.2. Financial performance
- 7.3.3.3. Service benchmarking
- 7.3.3.4. Strategic initiatives
- 7.3.4. Athletico Physical Therapy
- 7.3.4.1. Overview
- 7.3.4.2. Financial performance
- 7.3.4.3. Service benchmarking
- 7.3.4.4. Strategic initiatives
- 7.3.5. Drayer Physical Therapy Institute
- 7.3.5.1. Overview
- 7.3.5.2. Financial performance
- 7.3.5.3. Service benchmarking
- 7.3.5.4. Strategic initiatives
- 7.3.6. Professional Physical Therapy
- 7.3.6.1. Overview
- 7.3.6.2. Financial performance
- 7.3.6.3. Service benchmarking
- 7.3.6.4. Strategic initiatives
- 7.3.7. CORA
- 7.3.7.1. Overview
- 7.3.7.2. Financial performance
- 7.3.7.3. Service benchmarking
- 7.3.7.4. Strategic initiatives
- 7.3.8. PT SOLUTIONS
- 7.3.8.1. Overview
- 7.3.8.2. Financial performance
- 7.3.8.3. Service benchmarking
- 7.3.8.4. Strategic initiatives
- 7.3.9. Boston Children's Hospital
- 7.3.9.1. Overview
- 7.3.9.2. Financial performance
- 7.3.9.3. Service benchmarking
- 7.3.9.4. Strategic initiatives
- 7.3.10. ApexNetwork Physical Therapy
- 7.3.10.1. Overview
- 7.3.10.2. Financial performance
- 7.3.10.3. Service benchmarking
- 7.3.10.4. Strategic initiatives
- 7.3.11. Hinge Health, Inc.
- 7.3.11.1. Overview
- 7.3.11.2. Financial performance
- 7.3.11.3. Service benchmarking
- 7.3.11.4. Strategic initiatives
- 7.3.12. Sword Health, Inc.
- 7.3.12.1. Overview
- 7.3.12.2. Financial performance
- 7.3.12.3. Service benchmarking
- 7.3.12.4. Strategic initiatives
- 7.3.13. Kaia Health
- 7.3.13.1. Overview
- 7.3.13.2. Financial performance
- 7.3.13.3. Service benchmarking
- 7.3.13.4. Strategic initiatives
- 7.3.14. Limber Health, Inc. (Net Health)
- 7.3.14.1. Overview
- 7.3.14.2. Financial performance
- 7.3.14.3. Service benchmarking
- 7.3.14.4. Strategic initiatives
- 7.3.15. Kins Health Inc (Wysa Ltd.)
- 7.3.15.1. Overview
- 7.3.15.2. Financial performance
- 7.3.15.3. Service benchmarking
- 7.3.15.4. Strategic initiatives
- 7.3.16. BetterPT (HealthBus)
- 7.3.16.1. Overview
- 7.3.16.2. Financial performance
- 7.3.16.3. Service benchmarking
- 7.3.16.4. Strategic initiatives
- 7.3.17. Omada Health Inc.
- 7.3.17.1. Overview
- 7.3.17.2. Financial performance
- 7.3.17.3. Service benchmarking
- 7.3.17.4. Strategic initiatives
- 7.3.1. Select Physical Therapy
List of Tables
- Table 1. List of secondary sources
- Table 2. List of abbreviations
- Table 3. U.S. physical therapy services market revenue estimates and forecast, by application, 2021 - 2033 (USD Billion)
- Table 4. U.S. physical therapy services market revenue estimates and forecast, by settings, 2021 - 2033 (USD Billion)
- Table 5. U.S. physical therapy services market revenue estimates and forecast, by payer, 2021 - 2033 (USD Billion)
List of Figures
- Fig. 1 U.S. physical therapy services market segmentation
- Fig. 2 Market research process
- Fig. 3 Information procurement
- Fig. 4 Primary research pattern
- Fig. 5 Market research approaches
- Fig. 6 Value chain based sizing & forecasting
- Fig. 7 QFD modelling for market share assessment
- Fig. 8 Market formulation & validation
- Fig. 9 Market snapshot
- Fig. 10 Application segment outlook
- Fig. 11 Settings segment outlook
- Fig. 12 Payer segment outlook
- Fig. 13 Competitive landscape
- Fig. 14 U.S. physical therapy services market: Market dynamics
- Fig. 15 U.S. physical therapy services market: Porter's analysis
- Fig. 16 U.S. physical therapy services market: PESTLE analysis
- Fig. 17 U.S. physical therapy services market: Application segment dashboard
- Fig. 18 U.S. physical therapy services market: Application movement share analysis
- Fig. 19 Orthopedic therapy market, 2021 - 2033 (USD Billion)
- Fig. 20 Neurological therapy market, 2021 - 2033 (USD Billion)
- Fig. 21 Geriatric therapy market, 2021 - 2033 (USD Billion)
- Fig. 22 Pediatric therapy market, 2021 - 2033 (USD Billion)
- Fig. 23 Women health market, 2021 - 2033 (USD Billion)
- Fig. 24 Cardiopulmonary therapy market, 2021 - 2033 (USD Billion)
- Fig. 25 Others market, 2021 - 2033 (USD Billion)
- Fig. 26 U.S. physical therapy services market: Settings segment dashboard
- Fig. 27 U.S. physical therapy services market: Settings movement share analysis
- Fig. 28 Outpatient clinics market, 2021 - 2033 (USD Billion)
- Fig. 29 Hospitals market, 2021 - 2033 (USD Billion)
- Fig. 30 Home healthcare market, 2021 - 2033 (USD Billion)
- Fig. 31 Others market, 2021 - 2033 (USD Billion)
- Fig. 32 U.S. physical therapy services market: Payer segment dashboard
- Fig. 33 U.S. physical therapy services market: Payer movement share analysis
- Fig. 34 Public insurance market, 2021 - 2033 (USD Billion)
- Fig. 35 Private insurance market, 2021 - 2033 (USD Billion)
- Fig. 36 Out of pocket market, 2021 - 2033 (USD Billion)
- Fig. 37 Company categorization
- Fig. 38 Company market position analysis
- Fig. 39 Strategic framework
