The global physiotherapy equipment market size is expected to reach USD 36.3 billion by 2027, registering a CAGR of 7.7% over the forecast period, according to a new report by Grand View Research, Inc. The growing prevalence of neurological, musculoskeletal, and spinal cord disorders, early disease diagnosis, and awareness about physiotherapy are some of the factors driving the market growth.
One
of the current trends in the market is the use of video games and
rehabilitation robots. NINTENDO WII, a video game, has proven to be beneficial
in the rehabilitation process. While playing the game, patients need to perform
repetitive movements such as rolling a bowling alley ball or swinging a tennis
racket, which in turn helps patients in the movement of muscles and maintains
coordination between balance and movement.
The
rising need for new therapies along with the commercialization of various
equipment is expected to boost the market growth in the coming years. In
January 2019, Quantum Cryogenics launched CryoQube, a whole-body cryotherapy
chamber, due to growing demand for the therapy in U.K.
Full Research Report On Physiotherapy Equipment Market Visit Here:
https://www.grandviewresearch.com/industry-analysis/physiotherapy-equipment-market
Physiotherapy
Equipment Market Report Highlights
- The
musculoskeletal application segment dominated the market in 2019 due to
rising prevalence of musculoskeletal disorders and the ability of
physiotherapy to prevent and reduce their adverse effects
- The
cardiovascular and pulmonary application segment is expected to witness
the fastest CAGR from 2020 to 2027 owing to increasing cases of
cardiovascular and pulmonary diseases
- The
ultrasound type segment dominated the market in terms of revenue share in
2019 and is expected to witness the highest CAGR over the forecast period,
since it is one of most commonly used therapies for soft tissue lesions
treatment
- The
non-geriatric demographics segment accounted for the largest share in 2019
in terms of revenue due to rising cases of musculoskeletal disorders
- The hospitals
and clinics segment led the market in terms of revenue share in 2019 owing
to the presence of supportive infrastructure and high patient volume
- In 2019,
North America held a majority of the physiotherapy equipment market share
in terms of revenue in 2019 due to increasing number of baby boomers,
presence of favorable government policies, and sophisticated healthcare
infrastructure
- The market in
Asia Pacific is expected to witness the fastest CAGR over the forecast
period owing to rising population, high investment opportunities, and
developing healthcare infrastructure
- Some of the
key companies in the global market are DJO Global, Inc.; Patterson
Medical; Isokinetics, Inc.; EMS Physio Ltd.; and BTL Industries.
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About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, we offer
market intelligence studies ensuring relevant and fact-based research across a
range of industries, from technology to chemicals, materials and healthcare.
For more info visit @ https://www.grandviewresearch.com
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