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How Has the Physiotherapy Equipment Market Grown from 2024 to 2025?

The recent years have seen a substantial expansion in the size of the physiotherapy equipment market. The market, which was valued at $19.56 billion in 2024, is projected to reach $21.05 billion by 2025, showing a compound annual growth rate (CAGR) of 7.6%. This growth in the historic phase can be ascribed to factors like the growing need for physical rehabilitation, increasing emphasis on individualized healthcare, a marked increase in the elderly population, a surge in sports-related injuries, and a heightened occurrence of chronic diseases.

What Growth Rate Is Anticipated for the Physiotherapy Equipment Market in the Coming Years?

The market for physiotherapy equipment is anticipated to experience notable growth in the upcoming years, with its projected value reaching $27.87 billion by 2029 and a compound annual growth rate (CAGR) of 7.3%. Several factors, including the increase in healthcare expenditure, higher rates of musculoskeletal issues, the expansion in digital physiotherapy solutions, a rising incidence of obesity, and an intensified emphasis on augmenting patient results, account for this growth. Key tendencies expected during this forecasted period involve evolved healthcare systems, sophisticated medical technologies, upgraded physiotherapy equipment, and inventive physiotherapy apparatuses.

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Who Are the Leading Companies in the Physiotherapy Equipment Market?

Major companies operating in the physiotherapy equipment market are Medtronic plc, Zimmer Biomet Holdings Inc., Oceanic Healthcare, Dynatronics Corporation, Chirag Electronics Pvt. Ltd., HMS Medical Systems, Bio-Med International Pvt Ltd., Naugra Medical, Hi-Tech Surgical Company, Bit & Byte Technosys Private Limited, Johari Digital, Physio Medicare, Cerabest Healthcare, Bharath Medical Systems, Divine Physiotherapy Equipments, JaincoLab, Syrebo, Sonka Medical, Maktrex International, Life Care Systems, Tapsi Electro Medical Systems & Services, Physio International

What Are the Key Drivers of the Physiotherapy Equipment Market?

The physiotherapy equipment market’s expansion is anticipated to be fueled by the rising prevalence of osteoporosis. Osteoporosis is marked by a decrease in bone density and strength, leading to brittle bones that are highly susceptible to fractures. The increase in osteoporosis cases can be attributed to factors such as an aging population, physically inactive lifestyles, and unhealthy eating practices. With people living longer, more of them are reaching an age where their bone density naturally reduces, hence, increasing the risk of osteoporosis. Physiotherapy equipment plays a crucial role in managing osteoporosis by offering treatments that not only enhance bone strength but also improve balance and muscle function, thereby reducing the likelihood of slips and broken bones. To illustrate, in June 2024, the Australian Institute of Health and Welfare, a government agency located in Australia, reported that osteoporosis accounted for 2,659 deaths in 2022, or 10.2 deaths per 100,000 people, contributing to 1.4% of all deaths. Thus, the escalating prevalence of osteoporosis is contributing to the growth of the physiotherapy equipment market.

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What Are the Key Market Segments in the Physiotherapy Equipment Industry?

The physiotherapy equipment market covered in this report is segmented –

1) By Type: Cryotherapy, Hydrotherapy, Continuous Passive Motion (CPM), Ultrasound, Electric Stimulation, Heat Therapy, Therapeutic Exercise, Other Types

2) By Application: Neurology, Musculoskeletal, Pediatric, Cardiovascular And Pulmonary, Other Applications

3) By End-User: Hospitals And Clinics, Rehabilitation Centers, Other End-Users

Subsegments:

1) By Cryotherapy: Ice Packs, Cold Compression Therapy Units, Cryo Chambers, Vapocoolant Sprays

2) By Hydrotherapy: Whirlpool Therapy Equipment, Underwater Treadmills, Aquatic Therapy Pools, Hydrotherapy Tanks

3) By Continuous Passive Motion (CPM): Knee CPM Machines, Shoulder CPM Machines, Elbow CPM Machines, Ankle CPM Machines

4) By Ultrasound: Therapeutic Ultrasound Devices, High-Intensity Focused Ultrasound (HIFU), Low-Intensity Pulsed Ultrasound (LIPUS)

5) By Electric Stimulation: Transcutaneous Electrical Nerve Stimulation (TENS) Units, Neuromuscular Electrical Stimulation (NMES) Devices, Functional Electrical Stimulation (FES) Devices, Interferential Current Therapy (IFC) Units

6) By Heat Therapy: Infrared Lamps, Heating Pads, Paraffin Wax Baths, Hot Packs

7) By Therapeutic Exercise: Resistance Bands And Tubes, Balance And Stability Equipment, Exercise Balls, Strength Training Machines

8) By Other Types: Laser Therapy Devices, Traction Therapy Equipment, Shockwave Therapy Machines, Magnetotherapy Devices

What Are the Latest Trends in the Physiotherapy Equipment Market?

Leading corporations in the physiotherapy equipment sector are concentrating on the creation of cutting-edge tools like rehabilitation robots to boost patient recuperation and enhance treatment results. These pioneering rehabilitation robots are sophisticated robotic systems that incorporate state-of-the-art technologies such as AI, brain-computer interfaces (BCI), and high-precision sensors to expedite patient recovery, refurbish motor skills, and boost rehabilitation outcomes. For example, Syrebo, a tech-company based in China, unveiled the Hand Rehabilitation Robot (BCI) SY-BR09 and Upper Limb Rehabilitation Robot SY-UEA2 in November 2023. The Hand Rehabilitation Robot (BCI) SY-BR09 utilizes brain-computer interface (BCI) technology to stimulate brain activity for ‘top-down’ neural reorganization and amplify active movement consciousness, thereby greatly bolstering rehabilitation efficiency. On the other hand, the Upper Limb Rehabilitation Robot SY-UEA2, equipped with a diverse mobile base and precise optical positioning technology, provides targeted upper limb training to support functional recuperation.

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What Are the Key Regional Markets in the Physiotherapy Equipment Industry?

North America was the largest region in the physiotherapy equipment market in 2024. The regions covered in the physiotherapy equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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This Report Delivers Insight On:

1. How big is the physiotherapy equipment market, and how is it changing globally?

2. Who are the major companies in the physiotherapy equipment market, and how are they performing?

3. What are the key opportunities and risks in the physiotherapy equipment market right now?

4. Which products or customer segments are growing the most in the physiotherapy equipment market?

5. What factors are helping or slowing down the growth of the physiotherapy equipment market?

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