Medical Newswire

Medical Newswire!

Medicine, Healthcare, Medical Research, Hospitals, Management
Press release distribution service
Home | Medical-Newswire.Com:

Physiotherapy Equipment Market is Set to Reach $21.7 billion by 2025 at a Healthy Growth Rate

 



(Medical-NewsWire.com, November 21, 2020 ) According to the new market research report "Physiotherapy Equipment Market by Product (Laser Therapy, Ultrasound, Cryotherapy, Electrotherapy, and Accessories), Application (Musculoskeletal, Gynecology, Pediatric, Cardiovascular), and Region – Global Forecast To 2025", published by MarketsandMarkets™, the Physiotherapy Equipment Market is expected to reach USD 21.7 billion by 2025 from USD 16.6 billion in 2020, at a CAGR of 5.6% during the forecast period of 2020 to 2025.



The Growth in physical therapy equipment market is driven by rapidly growing geriatric population and the subsequent increase in the global prevalence of chronic diseases, and growing incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease.



Download PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=65250228



Covid-19 Impact on the Physiotherapy Equipment Market



Asia Pacific countries such as China and India has resulted in delays in the production and shipment of physiotherapy products. All these factors are expected to negatively impact the growth of the physical therapy equipment market. On the other hand, as per the recommendations by the World Confederation for Physical Therapy (WCPT), COVID-19 patients are recommended to undergo physiotherapy for 3-4 weeks for the early recovery and improvement of their overall health. Thus, the demand for physiotherapy equipment is expected to increase in the coming five years due to the growing number of COVID-19 cases.



Opportunities in Emerging Markets:



China, Japan, India, Brazil, and Australia are emerging markets for physiotherapy equipment. These markets lack proper standards and government regulations and offer huge potential for providers unable to meet US standards.



In China, the healthcare infrastructure is in urgent need of modernization, owing to the growth in the aging population and the rising incidence of chronic disorders. In 2013, China had 83.7 million people with disabilities, of which 65 million cannot survive without assistive devices. The aging population (60+ years) will make up 20% of the Chinese population by 2025. Similarly, Japan is another country with one of the most rapidly increasing aging populations in the world. By 2025, 36% of the Japanese population will have crossed 60 years. India is also a high potential market for physiotherapy equipment on account of its huge aging population base, growing healthcare standards, and flourishing home healthcare sector. Moreover, the increasing competition in mature markets will compel physiotherapy manufacturers to focus on emerging markets.



Browse in-depth TOC on "Physiotherapy Equipment Market"

181 – Tables

22 – Figures

181 – Pages



Electrotherapy Equipment:



Based on type of equipment, the physiotherapy equipment market is segmented into electrotherapy equipment, ultrasound equipment, exercise therapy equipment, cryotherapy equipment, combination therapy equipment, continuous passive motion therapy equipment, shockwave therapy equipment, laser therapy equipment, traction therapy equipment, magnetic and pressure therapy equipment, and other physiotherapy equipment. In 2019, electrotherapy equipment segment accounted for the largest share of the physical therapy equipment market. The large share of this segment can be attributed to growing use of Neuromuscular electrical stimulation and therapeutic electrical stimulation in clinical settings for rehabilitaion.



Europe and Asia Pacific to Dominate The Market:



Geographically, the global physiotherapy equipment market is segmented into North America, Europe, the Asia Pacific, and Rest of the World )RoW). Asia Pacific is expected to show the highest growth rate during the forecast period. The high growth rate of this region can mainly be attributed to the rising geriatric population, the growing number of private sector hospitals, developments in primary healthcare infrastructure, and the inclination toward active lifestyles.



Request Sample Report:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=65250228



Key Players:



The leading players in physical therapy equipment market include DJO Global (US), BTL Industries Inc. (US), Performance Health (US), ITO Co., Ltd. (Japan), Enraf-Nonius B.V. (Netherlands), Dynatronics Corporation (US), Mectronic Medicale (Italy), EMS Physio Ltd. (UK), Whitehall Manufacturing (US), Zimmer MedizinSysteme GmbH (Germany), Zinex Inc. (US), STORZ Medical AG (Swotzerland), Life Care Systems (India), and Mettler Electronics Corp. (US).



Recent Developments:



1. In 2019, Colfax Corporation (US) acquired DJO Global (US). Through the acquisition Colfax Corporation will provide physical therapy and orthopedic products under the DJO brand.



2. In July 2018, Mectronic Medicale (Italy) launched Doctor Tecar XP, an electromagnetic tecar therapy stimulator.



3. In April 2018, DJO Global (US) entered into a strategic partnership with XPO Logistics (US) to manage portions of DJO’s North American distribution operations. Under this partnership, DJO opened a state-of-the-art distribution center in Dallas–Fort Worth, Texas, which is being managed by XPO.



4. In February 2018, EMS Physio Ltd. (UK) launched NeuroTrac PelviTone Dual-channel Stimulator.



MarketsandMarkets™

Mr. Aashish Mehra

1-888-600-6441

raviraj.tak@marketsandmarkets.com

Source: EmailWire.Com

Source: EmailWire.com


Medical Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Healthcare resource center today to browse our selection of 600+ complimentary Healthcare magazines, white papers, webinars, podcasts, and more. Get popular titles including:

Eyecare Business
Medical Laboratory Observer
FierceHealthcare

No credit cards, coupons, or promo codes required. Try it today!

Medical Sponsors

Health News

[CaRP] XML error: Mismatched tag at line 52 - This appears to be an HTML webpage, not a feed.

Pharmanewswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com. CityRegions.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © 2012 GroupWeb Media LLC. All Rights Reserved.


GroupWeb Media Network
AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
| InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
Medical-Newswire.com - Medicl Newswire and Press Release service of GroupWeb Media LLC