Asia Pacific physiotherapy equipment market is growing at a promising CAGR due to increased awareness of these therapies to improve the quality of life.
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The Asia Pacific physiotherapy equipment market is growing at a promising CAGR due to increased awareness of these therapies to improve the quality of life, particularly, during post-operative conditions. The treatment of physiotherapy includes various equipment such as magnetotherapy equipment, electrotherapy equipment, ultrasound machines, laser therapy equipment, and shockwave therapy. The growing number of geriatric population that suffer from functional disabilities, is the primary reason for the growth of the physiotherapy equipment market. Additional market drivers include rising healthcare awareness and high incidences of cardiovascular, respiratory and neurological conditions.
However, the high maintenance cost of the equipment along with the shortage of a skilled workforce hampers market growth. The growth opportunities for the physiotherapy equipment market lie in emerging economies due to rising healthcare awareness and advancements in equipment technology such as robotic-assisted systems, implanted devices, interactive video systems, and exoskeletons.
The Asia Pacific physiotherapy equipment market is segmented on the basis of equipment types, applications, end users and geography. Based on equipment types, the market is segmented into Ultrasound, Cryotherapy, Electric Stimulation, Heat Therapy, Hydrotherapy, CPM (Continuous Passive Motion), Therapeutic Exercises, Accessories, and Others Assistive systems. Based on application, the Asia Pacific physiotherapy equipment market is categorized into Cardiovascular and respiratory therapy, musculoskeletal, Pediatric, Neurology, Sports therapy, and others.
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The end user segment for the Asia Pacific physiotherapy equipment market is comprised of hospitals and rehabilitation centers, clinics, and other healthcare institutions. The Asia Pacific physiotherapy equipment market is segmented into China, Japan, India, Australia, and others. Emerging economies such as India, China, Singapore, and Malaysia are the potential geographies for market expansion due to improving healthcare standards. These economies have a large presence of domestic manufacturers which contribute to an increase in the market competition for multinational giants by adopting the strategy of price penetration.
Extensive coverage of the Asia Pacific physiotherapy equipment market including drivers, restraints, and opportunities would help professionals to better understand market behavior. The projections in the report are made by analyzing the current market trends and the market potential for the period of 2013-2020 in terms of value. A comprehensive analysis of equipment types, applications, end-users, and geography segments enables the identification of growth opportunities within the Asia Pacific physiotherapy equipment market.
Market attractiveness analysis for the Asia Pacific physiotherapy equipment market provides strategic assistance to decision makers. An analysis of strategies used by key leaders within the Asia Pacific physiotherapy equipment market should be informative for professionals in the corporate sector. Porters five forces framework examines the competitive structure of Asia Pacific physiotherapy equipment market and would be helpful for strategic industry analysis. Ease of doing business analysis should help in making strategic business decisions
ASIA PACIFIC PHYSIOTHERAPY EQUIPMENT MARKET KEY SEGMENTS
The Asia Pacific physiotherapy equipment market is segmented into equipment, applications, end users and geography segments.
- Electric Stimulation
- Heat Therapy
- CPM (Continuous Passive Motion)
- Therapeutic Exercises
- Accessories and Others Assistive systems
- Cardiovascular and respiratory therapy
- Sports therapy
BY END USERS
- Hospitals and rehabilitation centers
MARKET BY GEOGRAPHY
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