PUBLISHER: The Business Research Company | PRODUCT CODE: 1572575
PUBLISHER: The Business Research Company | PRODUCT CODE: 1572575
Physiotherapy equipment and accessories encompass the various tools and devices used by physiotherapists to aid in the assessment, treatment, and rehabilitation of patients. These tools support therapeutic exercises, pain relief, and the enhancement of physical function and mobility, making them essential for effective physiotherapy practices.
The main categories of physiotherapy equipment and accessories include equipment and accessories. Physiotherapy equipment refers to devices and tools used to aid in the rehabilitation and treatment of physical injuries or conditions by improving movement, strength, and function. This equipment is utilized in areas such as musculoskeletal care, neurology, pediatrics, cardiovascular and pulmonary care, and others. The primary end users include hospitals and clinics, physiotherapy and rehabilitation centers, and other healthcare facilities.
The physiotherapy equipment and accessories market research report is one of a series of new reports from The Business Research Company that provides physiotherapy equipment and accessories market statistics, including the physiotherapy equipment and accessories industry's global market size, regional shares, competitors with a physiotherapy equipment and accessories market share, detailed physiotherapy equipment and accessories market segments, market trends and opportunities, and any further data you may need to thrive in the physiotherapy equipment and accessories industry. This physiotherapy equipment and accessories market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The physiotherapy equipment and accessories market size has grown strongly in recent years. It will grow from $17.28 billion in 2023 to $18.34 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth during the historic period can be attributed to the rising demand for home healthcare services, unhealthy eating habits and stressful lifestyles, favorable healthcare reforms, the expansion of home-based and telerehabilitation services, and the increase in medical tourism and cross-border healthcare.
The physiotherapy equipment and accessories market size is expected to see strong growth in the next few years. It will grow to $23.37 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to a well-established healthcare infrastructure, a growing focus on preventive care and wellness, increasing demand for personalized rehabilitation solutions, greater adoption of physiotherapy in non-traditional settings, and rising health consciousness. Major trends during this period include the integration of artificial intelligence (AI) and machine learning, the development of robotic rehabilitation devices, the use of virtual reality (VR) and augmented reality (AR), advancements in wearable and portable physiotherapy devices, and the creation of exoskeletons and powered orthoses.
The increasing incidence of sports injuries is expected to drive the growth of the physiotherapy equipment and accessories market. Sports injuries are physical injuries sustained during athletic activities or exercise. The rising frequency of sports injuries can be attributed to more participation in high-intensity sports and inadequate injury prevention measures. Physiotherapy equipment and accessories assist individuals with sports injuries by providing pain relief, promoting healing, improving mobility, and supporting rehabilitation. For example, a report published by the Australian Sports Commission in April 2023 revealed that approximately 18.27 million Australians aged 18 and older engaged in some form of sport or physical activity at least once in 2022. Of these, around 3.47 million people, or 19% of those participating, sustained injuries. Men reported more injuries, with 1.96 million cases, compared to 1.51 million among women, despite similar participation rates. The highest incidence of injuries occurred in mainstream cardio activities, which accounted for 1,056,000 reported injuries. As a result, the rising incidence of sports injuries is driving the growth of the physiotherapy equipment and accessories market.
Leading companies in the physiotherapy equipment and accessories market are focusing on developing advanced products, such as artificial intelligence-based physiotherapy devices, to improve treatment accuracy and patient outcomes. These AI-based physiotherapy devices use artificial intelligence algorithms to enhance, personalize, and optimize physical rehabilitation and therapy treatments. For instance, in August 2023, AI Rehab Ltd, a UK-based medical equipment manufacturer, introduced Slider, an AI-integrated exercise and remote physiotherapy device for knee arthritis patients. This device can be used in both hospitals and at home, making it especially useful for pre-operative and post-operative rehabilitation. Slider employs artificial intelligence to facilitate remote physiotherapy, allowing users to perform knee exercises by placing the device under their heel. Wearable sensors track motion and force, while the device incorporates gamification techniques, engaging users in computer games that promote beneficial leg movements for knee function. This interactive approach helps reduce the monotony often associated with traditional physiotherapy exercises.
In January 2022, BTL Industries, a UK-based medical equipment manufacturer, acquired Schepp MedTech for an undisclosed amount. This acquisition was intended to enhance BTL's portfolio of physiotherapy products by incorporating advanced robotic technologies, thereby expanding its capabilities in the rehabilitation market. Schepp MedTech, an Austria-based company, specializes in robotic rehabilitation devices.
Major companies operating in the physiotherapy equipment and accessories market are Enovis Corporation, DJO Global, Sanitas Physical Therapy, BTL Corporate, Performance Health, Zynex Medical Inc, Dynatronics Corporation, Storz Medical AG, Enraf-Nonius B.V., A. Algeo Ltd, Zimmer Medizin System GmbH, Mectronic Medicale S.r.l, SEERS Medical Ltd, Life Care Systems, GymnaUniphy N.V., EMS Physio Ltd., ITO Co Ltd, Whitehall Manufacturing, HMS Medical Systems, Chinesport S.p.A., Johari Digital Healthcare, RehabMedic Srl, Everyway Medical Instruments Co Ltd, Massage Therapy Concepts
Asia-Pacific is expected to be the fastest-growing region in the physiotherapy equipment and accessories market. The regions covered in the physiotherapy equipment and accessories market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the physiotherapy equipment and accessories market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The physiotherapy equipment and accessories market consists of sales of exercise equipment, modalities and electrical devices, rehabilitation equipment, and assessment tools. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Physiotherapy Equipment And Accessories Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on physiotherapy equipment and accessories market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for physiotherapy equipment and accessories ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The physiotherapy equipment and accessories market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.