openPR Logo
Press release

Physiotherapy Equipment Market | Ongoing Trends and Recent Developments | Major Key Players like DJO Global (US), Performance Health (US), BTL Industries (US)

10-18-2019 06:42 AM CET | Health & Medicine

Press release from: MarketsandMarkets

Physiotherapy Equipment Market

Physiotherapy Equipment Market

Physiotherapy Equipment Market is projected to reach USD 21,130.5 million by 2024 from USD 15,065.0 million in 2018, at a CAGR of 5.8% during the forecast period.

The growth of this market is primarily driven by rapidly growing geriatric population and the subsequent increase in the global prevalence of chronic diseases, and Growing incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease

However, unstable reimbursement scenario for physiotherapy and shortage of skilled personnel are the major factors that are expected to restrain the growth of this market during the forecast period.

Download PDF Brochure:

How are emerging markets an opportunity for Physiotherapy Equipment market?

China, Japan, India, Brazil, and Australia are emerging markets for physiotherapy equipment. These markets lack proper standards and government regulations and offer huge potential for providers unable to meet US standards.

In China, the healthcare infrastructure is in urgent need of modernization, owing to the growth in the aging population and the rising incidence of chronic disorders. In 2013, China had 83.7 million people with disabilities, of which 65 million cannot survive without assistive devices. The aging population (60+ years) will make up 20% of the Chinese population by 2025.

Request Research Sample Pages:

Japan is another country with one of the most rapidly increasing aging populations in the world. By 2025, 36% of the Japanese population will have crossed 60 years. India is also a high potential market for physiotherapy equipment on account of its huge aging population base, growing healthcare standards, and flourishing home healthcare sector.
Moreover, the increasing competition in mature markets will compel physiotherapy manufacturers to focus on emerging markets.

How skilled personnel is a challenge for Physiotherapy Equipment market?

Across the globe, there is a serious shortage of physiotherapists. According to the Chartered Society of Physiotherapy (CSP), there is a serious shortage of physiotherapists in England. It is estimated that a minimum of 500 additional physiotherapists need to be trained each year until 2020 to meet the current shortfall.

In 2013, the American Physiotherapy Association (APTA) projected a shortage of more than 27,000 physical therapists by 2020 in the US. According to Data USA, approximately half of the total PTs licensed to practice are 40 years and above and will soon retire. Thus, the dearth of skilled professionals will restrict market growth.

Read More in Detailed:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments.
MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Physiotherapy Equipment Market | Ongoing Trends and Recent Developments | Major Key Players like DJO Global (US), Performance Health (US), BTL Industries (US) here

News-ID: 1852035 • Views: 164

More Releases from MarketsandMarkets

NBR Market | Key players operating in the market include LANXESS, Sinopec, Kumho …
According to recent market research "NBR Market by Application (O-Rings & Seals, Hoses, Belts & Cables, Molded & Extruded Products, Adhesives & Sealants, Gloves), End-use Industry (Automotive & Transportation, Industrial, Oil & Gas, Medical), and Region - Global Forecast 2022", The Nitrile Butadiene Rubber (NBR) market is projected to grow from USD 992.4 Million in 2017 to USD 1,393.0 Million by 2022, at a CAGR of 7.0% between 2017 and
How COVID-19 is impacting the Automotive Composites Market : Top Players are Owe …
Automotive Composites Market is projected to reach USD 13.14 Billion by 2022, at a CAGR of 12.26% between 2017 and 2022. Download PDF Brochure @ The automotive industry across the globe is increasingly focusing on the stringent implementation of various regulations such as the Corporate Average Fuel Efficiency (CAFE) standards and European Emission Standards (EES) formulated by the U.S. and European governments, respectively to reduce CO2 emissions. To comply with these
Digital Multimeter Market worth $1,047 Million by 2024
According to the new market research report "Digital Multimeter Market by Type (Handheld, Benchtop, Mounted), Ranging Type (Auto-ranging, Manual), Application (Automotive, Energy, Consumer Electronics & Appliances, Medical Equipment Manufacturing), and Region - Global Forecast to 2024", The global digital multimeter market size is projected to reach USD 1,047 million by 2024 from an estimated market size of USD 847 million in 2019, at a CAGR of 4.3% during the forecast
Offshore ROV Market to exceed $943.1 Million by 2023
The offshore ROV market is estimated to be USD 802.9 million in 2018 and is projected to reach USD 943.1 million by 2023, at a CAGR of 3.27% from 2018 to 2023. The market is set to grow due to increasing offshore oil & gas discoveries in prominent countries and rise in demand for oil & gas. Browse 65 market data Tables and 42 Figures spread through 125 Pages and in-depth

All 5 Releases

More Releases for Physiotherapy

Physiotherapy Devices Market 2017 - 2025
Global Physiotherapy Devices Market: Overview The global physiotherapy devices market has been gaining a steady momentum in recent years due to a high incidence of injuries and ailments. Lifestyle changes, poor habits, and availability of physiotherapy services has boosted market growth in the past few years. On the other hand, the increasing participation in sporting activities has also had a positive impact in the overall market. According to the research report,
Complete Health and Performance Centre offers physiotherapy in Ajax
Canada 12-10-2018. Complete Health and Performance Centre is the leading physiotherapy and rehabilitation centre in Ajax. It is committed for the health and wellness of patients with pain problems. All kind of therapies are provided by the professional and experienced physiotherapists in the most effective manner possible. The professionals must provide the treatment using the advanced competencies in the promotion of safe physical activity. By providing you the ultimate physical
Physiotherapy Services Market – Review with Forecast Research Report 2016 – …
Physiotherapy Services Market: Overview Physiotherapy also known as physical therapy is provided by physiotherapist to the patients suffering from disabilities and impairments of mobility. Physiotherapists are healthcare professionals who are efficient in diagnosis and treatment of aforementioned medical conditions. Physical therapy also involves an interaction between patient and physiotherapist in order to access and diagnose the potential movement in the patient. It also helps in setting certain goals for early and
Global Physiotherapy Devices Market: Overview
The global physiotherapy devices market is anticipated to experience a prominent surge in demand over the coming years. Hence, the market players want to optimize the lucrativeness of their operations within the market by resorting to a range of business strategies. The coexistence of huge market players with several local and regional vendors has birthed intense competition within the market. To retain their dominance and gain a greater market
Physiotherapy Equipment Market Research Report 2017-2021
2017 Market Research Report on Physiotherapy Equipment Industry was a professional and depth research report on Physiotherapy Equipment industry that you would know the world's major regional market conditions of Physiotherapy Equipment industry, the main region including North American, Europe and Asia etc., and the main country including United States, Germany, Japan and China etc. The report firstly introduced Physiotherapy Equipment basic information including Physiotherapy Equipment definition classification application and industry
GLOBAL Musculoskeletal (MSK) Physiotherapy MARKET REPORT 2017
MarketResearchReports.Biz presents this most up-to-date research on "GLOBAL Musculoskeletal (MSK) Physiotherapy MARKET REPORT 2017" Description This report studies the Musculoskeletal (MSK) Physiotherapy market status and outlook of global and major regions, from angles of players, regions, product types and end industries; this report analyzes the top players in global and major regions, and splits the Musculoskeletal (MSK) Physiotherapy market by product type and applications/end industries. The global Musculoskeletal (MSK) Physiotherapy market is valued