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Physiotherapy Equipment Market 2019 – Outlook by Growth Rate, Industry Size, Share, Top Key Players, and Development Factors Forecast to 2024

Physiotherapy Equipment

The “Physiotherapy Equipment Market” report 2019 delivers up-to-date information about market changes and prospective threats, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. Moreover, it focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

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Market Overview:

  • The physiotherapy equipment market is expected to register a CAGR of 7.2% during the forecast period. It has witnessed impressive growth in recent years. The increasing incidences of the cardiovascular as well as neurological disorders have stimulated the demand for physiotherapy equipment across the world. According to WHO, cardiovascular diseases cause the death of nearly 17.9 million people every year globally which translates to 31% of all deaths. In the United States, approximately 84 million people suffer from some form of cardiovascular diseases, which causes around 2,200 deaths per day. On the other hand, neurological disorders contribute 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 record an estimated CAGR of 7.2%.
  • The other factor leading to the growth of the market includes healthcare reforms and increasing quality of care in developing regions and an increase in demand for rehabilitation after surgeries, chemotherapy, and radiation.

    Top Key Players of Physiotherapy Equipment Market Are:

  • BTL Industries
  • DJO Global
  • Dynatronics
  • EMS Physio
  • Enraf
  • Nonius B.V
  • Isokinetics Inc.
  • Life Care Systems
  • Naimco/Rich
  • Mar
  • Patterson Medical
  • Zynex Medical Inc.

    Reasons to buy:

    • In-depth analysis of the market on the global and regional level.
    • Major changes in market dynamics and competitive landscape.
    • Segmentation on the basis of type, application, geography and others.
    • Historical and future market research in terms of size, share, growth, volume & sales.
    • Major changes and assessment in market dynamics & developments.
    • Industry size & share analysis with industry growth and trends.
    • Emerging key segments and regions
    • Key business strategies by major market players and their key methods.
    • The research report covers size, share, trends and growth analysis of the Physiotherapy Equipment Market on the global and regional level.

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    Scope of the Report:

  • Physiotherapy encompasses various procedures which utilize therapeutic exercises and physical modalities and are aimed at the preservation, enhancement, or restoration of physical function impaired by disease, injury, or disability. The physiotherapy equipment market report covers medical devices, such as multi-exercise therapy units, heat therapy equipment, and laser therapy units, among others.

    Physiotherapy Equipment market covers the outlook for overall market status, size and share. The report provides complete coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Physiotherapy Equipment market report also presents the market competition landscape and a corresponding detailed analysis of the major vendor in the market. 

    Key Market Trends:

    The Musculoskeletal Segment is Estimated to be Largest in Terms of Revenue Generated

    The musculoskeletal segment was estimated to be the most profitable segment in terms of value and is expected to retain its position during the forecast period. Increase in the prevalence of musculoskeletal disorders due to the rising geriatric population and lifestyle diseases are primary drivers of the segment. As per the WHO estimates, more than 80% of the population is expected to suffer from musculoskeletal disorders during their lifetime. Furthermore, common musculoskeletal disorders like lower back pain are the most common reason for patients visiting physiotherapists. Neurology segment is expected to witness the highest CAGR during the forecast period, owing to the increasing prevalence of neurological disorders, raising awareness, rising geriatric population, and increasing disposable income.

    Asia-Pacific to Record the Fastest Growth Rate

    Asia-Pacific is projected to register the fastest growth rate among all the regional markets, due to the growing geriatric population, increasing quality of care, high unmet needs, and growing awareness. The countries, like China and Japan, are likely to fuel the demand for the physiotherapy equipment market.

    North America is likely to retain its dominant position in the physiotherapy equipment market. Rising geriatric population, high standard of care, and favorable government initiatives are driving the market growth in this region. In addition, the European markets are also likely to expand gradually during the forecast period.

    Physiotherapy Equipment Market Report contents include:

    – Analysis of the Physiotherapy Equipment market including revenues, future growth, market outlook

    – Historical data and forecast

    – Regional analysis including growth estimates

    – Analyzes the end user markets including growth estimates.

    – Profiles on Physiotherapy Equipment including products, sales/revenues, and market position

    – Market structure, market drivers and restraints.

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    Detailed TOC of Physiotherapy Equipment Market Report Are:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Rising Geriatric Population
    4.2.2 Growing Incidences of Musculoskeletal, Cardiovascular and Neurological Disorders
    4.2.3 Increase in Demand for Rehabilitation after Surgeries, Chemotherapy and Radiation
    4.3 Market Restraints
    4.3.1 Lack of Trained and Skilled Personnel
    4.3.2 Inadequate Reimbursement Policies
    4.4 Porter’s Five Forces Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Equipment Type
    5.1.1 Hydrotherapy
    5.1.2 Electrotherapy
    5.1.3 Cryotherapy
    5.1.4 Continuous Passive Motion Units
    5.1.5 Multi-Exercise Therapy Unit
    5.1.6 Heat Therapy
    5.1.7 Ultrasound
    5.1.8 Laser Therapy Units
    5.1.9 Other Equipment Types
    5.2 By Application
    5.2.1 Cardiovascular and Pulmonary
    5.2.2 Neurological
    5.2.3 Musculoskeletal
    5.2.4 Other Applications
    5.3 By End Users
    5.3.1 Hospitals
    5.3.2 Rehabilitation Centers/Clinics
    5.3.3 Homes
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.1.3 Mexico
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Italy
    5.4.2.5 Spain
    5.4.2.6 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 Australia
    5.4.3.5 South Korea
    5.4.3.6 Rest of Asia-Pacific
    5.4.4 Middle East & Africa
    5.4.4.1 GCC
    5.4.4.2 South Africa
    5.4.4.3 Rest of Middle East & Africa
    5.4.5 South America
    5.4.5.1 Brazil
    5.4.5.2 Argentina
    5.4.5.3 Rest of South America

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 BTL Industries
    6.1.2 DJO Global
    6.1.3 Dynatronics
    6.1.4 EMS Physio
    6.1.5 Enraf-Nonius B.V
    6.1.6 Isokinetics Inc.
    6.1.7 Life Care Systems
    6.1.8 Naimco/Rich-Mar
    6.1.9 Patterson Medical
    6.1.10 Zynex Medical Inc.

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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    Name: Ajay More

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