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Leading Element Driving Change in the Physical Therapy Rehabilitation Market in 2025: Surge In Accidents And Injury Cases Fueling Growth In The Physical Therapy Rehabilitation Market Driver
"What Is the Estimated Market Size and Growth Rate for the Physical Therapy Rehabilitation Market?The physical therapy rehabilitation market has seen significant growth in recent years. It will grow from $25.17 billion in 2024 to $27.67 billion in 2025, at a CAGR of 10.0%. This growth is driven by greater awareness of preventive healthcare, technological advancements, an aging population, the rising incidence of chronic diseases, and expanded insurance coverage.
The physical therapy rehabilitation market is set to experience robust growth in the next few years, anticipated to grow to $39.88 billion by 2029, at a CAGR of 9.6%. This growth is fueled by increased healthcare demand, technological advancements, an aging population, expanded insurance coverage, and evolving regulations. Key trends include a rise in telerehabilitation services due to pandemic restrictions, integration of AI and wearable tech, an expanding geriatric population, increasing sports injuries, and a focus on preventive care and wellness.
What Are the Forces Behind the Rapid Growth of the Physical Therapy Rehabilitation Market?
The increasing number of accidents and injury cases is anticipated to drive the growth of the physical therapy rehabilitation market in the future. The rise in accident and injury cases can be attributed to factors such as distracted driving, inadequate safety precautions, and an increase in risk-taking behaviors. Physical therapy rehabilitation plays a vital role in assisting individuals in their recovery and improving mobility after accidents and injuries. For example, in October 2023, a report by the European Commission, a Belgium-based entity within the European Union's executive branch, stated that road fatalities in the EU reached 20,640 last year, marking a 4% rise from 2021 as traffic volumes rebounded post-pandemic. Thus, the growing number of accidents and injury cases is contributing to the expansion of the physical therapy rehabilitation market.
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Who Are the Dominant Companies Influencing Physical Therapy Rehabilitation Market Trends?
Major companies operating in the physical therapy rehabilitation market are Medline Industries LP, Baxter International Inc., Cerner Corporation, Smith+Nephew, Invacare Corporation, Caremax Rehabilitation Equipment Co. Ltd., eviCore healthcare MSI LLC, Drive DeVilbiss Healthcare, SWORD Health Inc., Kareo Inc., Hinge Health Inc., Saunders Group, Reflexion Health, Graham-Field, Isalus LLC, Dynatronics Corporation, Meditab, Alimed Medical Supplies, Carex Health Brands, Roma Medical Aid Ltd., Motekforce Link, Hausmann Industries, GestureTek HEALTH, TherapySync, MIRA Rehab Limited
How Is the Physical Therapy Rehabilitation Market Evolving?
Companies in the physical therapy rehabilitation market are adopting AI-powered rehabilitation solutions to gain a competitive edge. These solutions use machine learning to track patient progress, personalize treatment plans, and offer real-time feedback. In December 2023, GE HealthCare Technologies, Inc., a US-based medical technology company, launched the SIGNA Champion AI-enabled MRI System. This 1.5T wide bore MRI system includes AI features such as AIR Recon DL and Sonic DL, which enhance efficiency and image quality. Additionally, AIR Coils integrated into the system further optimize patient scanning capabilities.
What Are the Different Segmentations in the Physical Therapy Rehabilitation Market?
The physical therapy rehabilitation market covered in this report is segmented -
1) By Solution: Software, Hardware
2) By Application: Hip Joint, Spinal Cord Injuries, Forearms And Wrist Joints, Shoulder And Elbow Joint, Knee Joint, Other Applications
3) By End User: Ambulatory Surgical Centre, Self-insured Employer, Healthcare IDN (Integrated Delivery Network), Commercial Payer, Government Organization, Physiotherapy Clinics, Hospitals, Homecare And Rehabilitation Centers
Subsegments:
1) By Software: Rehabilitation Management Software, Electronic Health Records (EHR) Software, Patient Monitoring Software, Tele-Rehabilitation Software
2) By Hardware: Therapeutic Equipment, Exercise Equipment, Mobility Devices, Therapeutic Robots And Devices
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Which Region Is at the Forefront of the Physical Therapy Rehabilitation Market?
North America was the largest region in the physical therapy rehabilitation market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physical therapy rehabilitation market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Physical Therapy Rehabilitation Global Market Report?
- Market Size Analysis: Analyze the Physical Therapy Rehabilitation Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Physical Therapy Rehabilitation Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Physical Therapy Rehabilitation Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Physical Therapy Rehabilitation Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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