Global Physiotherapy Equipment Market - Segmented by Equipment, by Accessories, by Application, by End-Users and Geography - Growth, Trends and Forecasts (2018 - 2023)

  • ID: 4472690
  • Report
  • Region: Global
  • 109 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • BTL Industries
  • DJO Global
  • Dynatronics
  • Enaf-Nonius B.V
  • Isokinetics Inc.
  • Life Care Systems
  • MORE
The global physiotherapy market is valued at USD 17022.75 million for 2017 and is poised to reach USD 25403.64 million by 2023, at a CAGR of 6.90% during the forecast period. North America holds the largest geographical market, which is currently valued at USD 6874.64 million in 2017, and is expected to grow with a CAGR of 6.91%.

Rising numbers of cardiovascular and neurological disorders is booming the physiotherapy equipment market

The global physiotherapy equipment market has witnessed an impressive growth in the recent times. The increasing incidences of the cardiovascular as well as neurological disorders has stimulated the demand for physiotherapy equipment across the world. Approximately 84 million people in this country suffer from some form of cardiovascular diseases, which causes around 2,200 deaths a day. On the other hand, neurological diseases contribute just as significantly to the global morbidity and mortality rate worldwide, with stroke a leading cause of death. Some of the factors such as the rising prevalence of cardiovascular, musculoskeletal, and neurological diseases coupled with the increasing elderly population enable this market to grow at a rate of more than 6% by 2019. However the rising incidences of the cardiovascular and neurological disorders is expected to further fuel the growth of physiotherapy market in the forecasted period.

Hence, the rapid increase in the aging population, growing number of the sports injuries, increasing obesity among people, and growing awareness regarding the therapeutic application of physiotherapy are also adding to the growth of this market significantly.

Yoga as an alternative therapy

Another modern age techniques which are under much discussion for the pain alleviation is the yoga where people with various kinds of musculoskeletal disorders have admitted to chronic pain relief with the yoga treatment. These alternative therapies combined together can act as a challenge to the growing Physiotherapy market in the forecast period. Including yoga in daily life by many of the patients has created an opportunity for this market.

However, lack of sufficient reimbursement policies for physiotherapy especially in developing countries, will be a longstanding challenge to rapid growth of the physiotherapy equipment market.

Asia Pacific to Report Fastest Growth in Global Physiotherapy Equipment Market

Asia Pacific has been projected to register the fastest growth among all the regional markets due to rising geriatric population and substantial percentage of neurological diseases China and Japan which are likely to fuel the demand for physiotherapy equipment market. North America will continue to dominate the market for physiotherapy equipment. Favorable government initiatives is another important driver expected to accelerate the market growth in this region. In addition North America and European market will also expand in the coming years.

Key Developments in the Market
  • April, 2017: Dynatronics Completes Acquisition of Hausmann Industries, a manufacturer of branded, high quality physical therapy and athletic training products
  • August, 2016: Patterson Medical has acquired Performance Health
  • November, 2017: DJO Global Launches New UltraSling Quadrant Shoulder Orthosis
Key players are PATTERSON MEDICAL, DJO GLOBAL, ENRAF-NONIUS, BTL INDUSTRIES, EMS PHYSIO, ISOKINETIC Inc.

Reasons to Purchase this Report
  • Current and future global physiotherapy equipment market outlook in the developed and emerging markets
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis
  • The segment that is expected to dominate the market
  • Regions that are expected to witness fastest growth during the forecast period
  • Identify the latest developments, market shares and strategies employed by the major market players.
  • 3 months analyst support along with the Market Estimate sheet in excel.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • BTL Industries
  • DJO Global
  • Dynatronics
  • Enaf-Nonius B.V
  • Isokinetics Inc.
  • Life Care Systems
  • MORE
1. INTRODUCTION
1.1 MARKET DEFINITION

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. KEY INFERENCES

5. MARKET OVERVIEW
5.1 CURRENT MARKET SCENARIO
5.2 PORTER'S FIVE FORCES ANALYSIS
5.2.1 BARGAINING POWER OF SUPPLIERS
5.2.2 BARGAINING POWER OF CONSUMERS
5.2.3 THREATS OF NEW ENTRANTS
5.2.4 THREAT OF SUBSTITUTE PRODUCT AND SERVICES
5.2.5 COMPETITIVE RIVALRY WITHIN THE INDUSTRY

6. DRIVERS, RESTRAINTS, OPPORTUNITIES AND CHALLENGES ANALYSIS (DROC)
6.1 MARKET DRIVERS
6.1.1 GROWING INCIDENCES OF MUSCULOSKELETAL DISORDERS
6.1.2 GROWING INCIDENCES OF CARDIOVASCULAR AND NEUROLOGICAL DISORDERS
6.1.3 HEALTHCARE REFORMS UNDERGOING RAPID CHANGE IN VARIOUS COUNTRIES
6.1.4 INCREASE IN DEMAND FOR REHABILITATION AFTER SURGERIES, CHEMOTHERAPY AND RADIATION
6.2 MARKET RESTRAINTS
6.2.1 LACK OF TRAINED AND SKILLED PERSONNEL
6.2.2 INADEQUATE REIMBURSEMENT POLICIES
6.3 OPPORTUNITIES
6.4 KEY CHALLENGES

7. Market Segmentation
7.1 SEGMENTATION-BY EQUIPMENT
7.1.1 HYDROTHERAPY
7.1.2 ELECTROTHERAPY
7.1.3 HEAT AND COLD THERAPY
7.1.4 CONTINOUS PASSIVE MOTION UNITS
7.1.5 MULTI-EXERCISE THERAPY UNIT
7.1.6 SUSPENSION AND TRACTION AIDS
7.1.7 ULTRASOUND
7.1.8 LASER THERAPY UNITS
7.1.9 OTHERS
7.2 BY ACCESSORIES
7.2.1 ORTHOSES
7.2.2 OTHER ASSISTIVE DEVICES
7.3 BY APPLICATION
7.3.1 CARDIOVASCULAR AND PULMONARY
7.3.2 NEUROLOGICAL
7.3.3 ORTHOPEDIC
7.3.4 SPORTS
7.4 BY END-USERS
7.4.1 HOSPITALS
7.4.2 REHABILITATION CENTERS/CLINICS
7.4.3 HOMES
7.5 SEGMENTATION-BY GEOGRAPHY
7.5.1 NORTH AMERICA
7.5.1.1 UNITED STATES
7.5.1.2 CANADA
7.5.1.3 MEXICO
7.5.2 EUROPE
7.5.2.1 FRANCE
7.5.2.2 GERMANY
7.5.2.3 UNITED KINGDOM
7.5.2.4 ITALY
7.5.2.5 SPAIN
7.5.2.6 REST OF EUROPE
7.5.3 ASIA-PACIFIC
7.5.3.1 CHINA
7.5.3.2 JAPAN
7.5.3.3 INDIA
7.5.3.4 AUSTRALIA & NEW ZEALAND
7.5.3.5 SOUTH KOREA
7.5.3.6 REST OF ASIA-PACIFIC
7.5.4 MIDDLE EAST & AFRICA
7.5.4.1 GCC
7.5.4.2 SOUTH AFRICA
7.5.4.3 REST OF THE MIDDLE EAST & AFRICA
7.5.5 SOUTH AMERICA
7.5.5.1 BRAZIL
7.5.5.2 ARGENTINA
7.5.5.3 REST OF SOUTH AMERICA

8. COMPETITIVE LANDSCAPE
8.1 MERGERS & ACQUISITION ANALYSIS
8.2 AGREEMENTS, COLLABORATIONS, AND PARTNERSHIPS
8.3 NEW PRODUCTS LAUNCHES

9. KEY PLAYERS
9.1 BTL INDUSTRIES
9.2 LIFE CARE SYSTEMS
9.3 DJO GLOBAL
9.4 ENAF-NONIUS B.V
9.5 PATTERSON MEDICAL
9.6 DYNATRONICS
9.7 ZYNEX MEDICAL INC
9.8 NAIMCO/RICH-MAR
9.9 ISOKINETICS INC
9.10 OTHERS

10. FUTURE OF THE MARKET
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  • BTL Industries
  • Life Care Systems
  • DJO Global
  • Enaf-Nonius B.V
  • Patterson Medical
  • Dynatronics
  • Zynex Medical Inc.
  • Naimco/Rich-Mar
  • Isokinetics Inc.
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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