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Growing Prevalence Of Orthopedic Disorders Fuels Expansion In The Physiotherapy Services Market: Key Factor Driving The Growth In The Physiotherapy Services Market
Physiotherapy Services
What Is the Expected Physiotherapy Services Market Size During the Forecast Period?
The market for physiotherapy services has seen robust growth in recent times. The market size is projected to increase from $50.7 billion in 2024 to $53.9 billion in 2025, representing a compound annual growth rate (CAGR) of 6.3%. This past period of growth can be traced back to a rise in musculoskeletal disorders and injuries, growing geriatric population which leads to a heightened need for healthcare, augmentation of rehabilitation services in the healthcare sector, increased knowledge of the advantages of physiotherapy, and uptake of telehealth and remote physiotherapy services.
The market for physiotherapy services is anticipated to experience robust growth in the coming years. The market is expected to inflate to $69.91 billion by 2029 with a compound annual growth rate (CAGR) of 6.7%. This surge during the forecasted period is attributed to the broadening scope of preventive and wellness-oriented physiotherapy, an escalating demand for home-based physiotherapy services, the emergence of patient-focused and customized physiotherapy, the influence of changing lifestyles on musculoskeletal health, and a rising incidence of chronic diseases and disorders. The forecast period will also witness major trends such as improvements in medical technology and apparatus, partnerships between physiotherapists and the fitness sector, the incorporation of artificial intelligence in recuperation programs, advanced wearable technology for monitoring physiotherapy, and the use of virtual reality for physiotherapy activities.
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What Are the High-Growth Segments in the Physiotherapy Services Market?
The physiotherapy services market covered in this report is segmented -
1) By Type: Hydrotherapy, Electric Stimulation, Ultrasound, Heat Therapy, Therapeutic Exercise, Continuous Passive Motion (CPM)
2) By Application: Cardiovascular And Pulmonary, Geriatric, Integumentary, Neurological, Orthopedic, Palliative Care, Pediatric, Women's Health, Other Applications
3) By End-User: Hospitals, Private Practices, Outpatient Clinics, Sports And Fitness Facility Centers, Other End-Users
Subsegments:
1) By Hydrotherapy: Aquatic Therapy, Contrast Bath Therapy, Whirlpool Therapy
2) By Electric Stimulation: Transcutaneous Electrical Nerve Stimulation (TENS), Neuromuscular Electrical Stimulation (NMES), Interferential Current Therapy
3) By Ultrasound: Therapeutic Ultrasound, Diagnostic Ultrasound
4) By Heat Therapy: Moist Heat Packs, Infrared Therapy, Paraffin Wax Treatment
5) By Therapeutic Exercise: Strengthening Exercises, Flexibility Exercises, Balance And Coordination Training
6) By Continuous Passive Motion (CPM): Knee CPM Machines, Shoulder CPM Machines, Ankle CPM Machines
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What Key Drivers Are Expected to Influence Future Physiotherapy Services Market Growth?
The physiotherapy services market is predicted to expand on account of the increasing incidence of orthopedic ailments. Orthopedic issues pertain to conditions impacting the musculoskeletal framework, encompassing bones, joints, muscles, tendons, ligaments, and cartilage. Physiotherapy plays a significant role in mitigating pain stemming from orthopedic injuries or diseases, enhancing strength, flexibility, and movement, and warding off additional harm. For example, the Centers for Disease Control and Prevention, a governmental health organization in America, reported in February 2022 that the figure of arthritis sufferers is projected to rise from 63.5 million in 2020 to 78.4 million adults (aged 18 and above) by 2040, amounting to 25.9% of the envisaged total adult populace. Hence, the escalating incidence of orthopedic afflictions is fueling the development of the physiotherapy services market.
Which Companies Hold the Largest Share Across Different Physiotherapy Services Market Segments?
Major companies operating in the physiotherapy services market include ITO Co. Ltd.,DJO Global Inc., Professional Physical Therapy, NovaCare Rehabilitation, Pivot Physical Therapy, Apollo Hospitals Enterprise Ltd., U.S. Physical Therapy Inc., BTL Industries Inc., ATI Physical Therapy LLC, Zynex Medical Inc., Zimmer MedizinSysteme GmbH, Storz Medical AG,Enraf-Nonius B.V., Patterson Medical Ltd., RICHMAR,eLuma, Rehab Alternatives, Maven Physical Therapy & Performance, Minsu's Healing Oasis LLC, Elam Sports O'ahu Therapy & Training, Willis Street Physiotherapy Limited, Whitehall Manufacturing Inc., AmeriCare Physical Therapy, Olean Physical Therapy Professionals PLLC, Triumph Physical Therapy LLC, Meier & Marsh Professional Therapies, FullMotion Physical Therapy LLC, EMS Physio Ltd.
What Trends Are Driving Growth in The Physiotherapy Services Market?
The physiotherapy services market is seeing a growing trend in technological innovations. Leading companies in the sector are leveraging new technologies to maintain their competitive edge. For instance, in May 2023, Universal Practice, a health tech firm from Australia, introduced an online physiotherapy service featuring body-tracking technology. Users can connect online, and a licensed physiotherapist will scan the patient's body using the device's camera, assess it, and develop a personalized, holistic treatment regimen. This service prides itself in supporting patients throughout their journey towards full recovery, with features like rehabilitation programs, daily exercise routines, yoga, Pilates, and a physio consultation chat option.
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What Are the Emerging Geographies for The Physiotherapy Services Market Growth?
North America was the largest region in the physiotherapy services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physiotherapy services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Physiotherapy Services Market?
2. What is the CAGR expected in the Physiotherapy Services Market?
3. What Are the Key Innovations Transforming the Physiotherapy Services Industry?
4. Which Region Is Leading the Physiotherapy Services Market?
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