2025 Market Reports Update: Market Size Forecasts to 2034, Key Trends, Leading Players, and Top Regions – Get Ahead of the Competition Today!

Which Primary Drivers Are Supporting the Continued Market Growth of thePhysical Therapy Market?

The rise in musculoskeletal conditions anticipates boosting the physical therapy market’s expansion. Musculoskeletal disorders (MSDs) are ailments that impact the musculoskeletal system components such as bones, muscles, tendons, ligaments, among others. In line with this, physical therapy plays a crucial role in the prevention, treatment, and management of MSDs via education, ergonomics training, modifications to ensure workplace safety, on-the-spot treatment, and return-to-work programs. In July 2022, the World Health Organization, a specialized agency of the United Nations based in Switzerland, reported that globally, around 1.71 billion individuals suffer from musculoskeletal conditions. Furthermore, in March 2022, a study published in PubMed Central (PMC), which assessed responses from 282 students regarding digital device usage, physical activity, sitting time, walking frequency, and ergonomics, indicated a rise in device usage and sitting time combined with decreased physical activities and walking during the pandemic. Remarkably, 75.9% reported musculoskeletal discomfort, predominantly in the shoulders and neck (65%). In addition, 46% of the students who were working from home using laptops or phones were found to have text neck syndrome. Hence, the rise in musculoskeletal disorders is anticipated to fuel the physical therapy market’s growth. Boost in physical therapy market due to an increase in the aging population is expected to be a significant market driver. The aging population is a demographic trend that signifies a growing number of older individuals in a society or population. Physical therapy is a go-to healthcare solution for the aging population as it helps navigate age-related health problems, enhances movement, alleviates pain, and promotes enhanced functional independence. As per the World Health Organization (WHO), an intergovernmental organization based in Switzerland, there has been a rapid increase in the population of people aged 60 years and above in October 2022, and it is predicted that this population will double by 2050, reaching 2.1 billion. Thus, the rise in the aging population is a potent force driving the physical therapy market’s growth.

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#What is the Projected CAGR for the Physical Therapy Market Size from 2025 to 2034?

The size of the physical therapy market has seen substantial growth in the past few years. It is projected to increase from $27.89 billion in 2024 to $29.95 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 7.4%. The growth observed in the historical period can be credited to factors such as the aging population, the high occurrence of chronic illnesses, occupational and sports-related injuries, a concentrated effort on preventive healthcare, and an enlarged range of services in healthcare settings.

In the coming years, the market size for physical therapy is predicted to experience substantial growth, reaching a value of $37.54 billion in 2029 with a 5.8% compound annual growth rate (CAGR). This growth during the forecast period can be traced back to factors such as the incorporation of telehealth services, increased understanding of physical activity benefits, emphasis on aging-in-place tactics, individualized treatment schemes, and multidisciplinary healthcare methodologies. The forecast period will also see dominant trends such as advancements in rehabilitation technology, digital health incorporation, orthopedic and sports rehabilitation, as well as technology-supported rehabilitation.

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How Are Consumer Market Innovations Shaping the Current and Future Landscape of thePhysical Therapy Market?

Leading organizations in the physical therapy market are combining online and physical care to ensure a superior patient experience. By merging digital resources with personalized, direct patient care, these companies offer an exhaustive treatment strategy. To illustrate, in January 2023, Hinge Health, a service provider of physical therapy based in the US, initiated a physical therapy service right at the patient’s home, starting from Chicago and planning a nationwide expansion. This innovative service is pitched to supplement Hinge Health’s existing digital services, providing patients with the advantage of receiving therapy in their homes or offices. The service offers a fluid scheduling system inclusive of immediate and weekend bookings. Every therapy session spans around 45 minutes and constitutes a meticulous evaluation of the patient’s physical abilities and home setup. This endeavor is targeted at fortifying the patient experience by merging online and offline care, addressing obstacles like transportation and access to technology, ultimately leading to an enhancement in health equality.

Who Are the Key Market Players Influencing the Growth of the Corn and Physical Therapy Industry?

Major companies operating in the physical therapy market report are HCA Healthcare, Geisinger Health System (GHS), Select Medical Corporation, Kindred Healthcare Holdings LLC, Genesis HealthCare, Mercy Aged and Community Care Ltd., Rush-Copley Medical Center, Savaseniorcare LLC, DJO LLC, Concentra Inc., Professional Physical Therapy, Benchmark Physical Therapy, ATI Physical Therapy, US Physical Therapy Inc., PIVOT Physical Therapy, Athletico Physical Therapy, ProHealth Limited, NovaCare Rehabilitation, OrthoCarolina, Performance Health Supply Inc., Dynatronics Corporation, Enraf-Nonius B.V., Rehab Alternatives PLLC, BTL Industries, EMS Physio Ltd., Knight Health Holdings LLC, ProActive Physical Therapy, ITO Co. Ltd., AmeriCare Physical Therapy, Therapydia Inc.

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Which Key Market Segments Comprise the Physical Therapy Market and Drive Its Revenue Growth?

The physical therapy market covered in this report is segmented –

1) By Type: Orthopedic Physical Therapy, Geriatric Physical Therapy, Neurological Physical Therapy, Cardiopulmonary and Pulmonary Physical Therapy, Other Types

2) By Age Group: Pediatrics, Adults, Elderly

3) By End-Use: Hospitals And Clinics, Community Centers, Sports Centers, Convalescent Homes, Schools And Sports Academies, Other End-Uses

Subsegments:

1) By Orthopedic Physical Therapy: Post-Surgical Rehabilitation, Sports Injury Rehabilitation, Joint And Muscle Pain Management, Fracture And Trauma Recovery

2) By Geriatric Physical Therapy: Fall Prevention And Balance Training, Arthritis And Osteoporosis Management, Mobility And Strength Training, Neuromuscular Disorders Treatment

3) By Neurological Physical Therapy: Stroke Rehabilitation, Parkinson’s Disease Therapy, Spinal Cord Injury Rehabilitation, Multiple Sclerosis Therapy, Traumatic Brain Injury (TBI) Recovery

4) By Cardiopulmonary And Pulmonary Physical Therapy: Cardiovascular Rehabilitation, Pulmonary Rehabilitation (COPD, Asthma), Post-Heart Surgery Rehabilitation, Breathing Exercises And Techniques

5) By Other Types: Pediatric Physical Therapy, Women’s Health Physical Therapy, Vestibular Therapy, Occupational Therapy And Pain Management

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Which Regions Are Emerging as Leaders in the Physical Therapy Market?

North America was the largest region in the physical therapy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physical therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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