With the slowdown in world economic growth, the Physiotherapy Industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Physiotherapy market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, Stratagem Market Insights analysts believe that in the next few years, Physiotherapy market size will be further expanded, we expect that by 2026, The market size of the Physiotherapy will reach XXX million $.
Physiotherapy Market - Overview
Physiotherapy also referred to as physical therapy is used to help patients affected with injury, illness, or disability through movement and exercise, advance, manual therapy, and education. Physiotherapy is typically used to treat conditions such as chronic or acute pain, cartilage damage, physical impairments, soft tissue injuries, arthritis, and gait disorders. In layman’s terms, physiotherapy improves a patient’s physical function through diagnosis, physical examination, prognosis, rehabilitation, and patient education. The global physiotherapy market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. The global physiotherapy market is expected to witness significant growth during the forecast period, owing to increasing geriatric population.
Physiotherapy Market - Driver
Growing incidence of chronic diseases and injuries coupled with increasing incidence of sports-related injuries and joint disorders are expected to drive growth of the global physiotherapy market during the forecast period. According to the American Physical Therapy Association (APTA), around 2.9 million sports-related injuries occur annually in the U.S. According to the same source, around 8.6 million injuries occur in the U.S. Moreover, according to the World Health Organization (WHO), around 9.6% of men and 18.0% of women worldwide aged 60 years and above have symptomatic osteoarthritis. These injuries and chronic pain conditions require timely physiotherapy session and hence it is expected to drive the market growth in the near future. Furthermore, growing geriatric population worldwide is expected to propel the global physiotherapy market growth over the forecast period.
Physiotherapy Market - Restraint
Volatile reimbursement scenarios related to physiotherapy are expected to hamper the global physiotherapy market growth over the forecast period.
Physiotherapy Market - Regional Insight
Among regions, North America is expected to witness significant growth in the global physiotherapy market during the forecast period. This is owing to increasing number of roadside and workplace accidents and growing geriatric population in the region. Furthermore, Asia Pacific is expected to exhibit lucrative growth rate over the forecast period, owing to rapidly developing healthcare infrastructure and rising awareness among patients regarding benefits of physiotherapy.
Physiotherapy Market - Competitive Section
Key players operating in the global physiotherapy market are Biotech India, Colfax Corporation, BTL, HMS, DJO Global, GymnaUniphy, Enraf-Nonius, EMS Physio, Patterson Medical, Dynatronics, Algeo, and Accord Medical Products.
Key players in the market are focused on mergers and acquisitions, in order to enhance their market presence. For instance, in November 2018, Colfax Corporation, a U.S.-based technology company, acquired DJO Global Inc. for cash of US$ 3.15 billion.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries client's information, which is very important for the manufacturers.
Section 1: Definition
Section (2 3): Manufacturer Detail
✧ BTL
✧ DJO Global
✧ Enraf-Nonius
✧ Patterson Medical
✧ Algeo
✧ Accord Medical Products
✧ Biotech India
✧ Dynatronics
✧ EMS Physio
✧ GymnaUniphy
✧ HMS
Section 4: Region Segmentation
✧ North America Country (United States, Canada)
✧ South America
✧ Asia Country (China, Japan, India, Korea)
✧ Europe Country (Germany, UK, France, Italy)
✧ Other Country (Middle East, Africa, GCC)
Section (5 6 7): Type Segmentation
Product Type Segmentation ➟
✧ Equipment
✧ Therapies
✧ Products
Industry Segmentation ➟
✧ Hospital
✧ Medical Center
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2026)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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