Physical Therapy Market Size Forecasted To Achieve $37.54 Billion By 2029 With Steady Growth

The Physical Therapy Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Physical Therapy Market Size and Projected Growth Rate?
The size of the physical therapy market has seen a robust growth in the past years. The market value is projected to increase from $27.89 billion in 2024 to $29.95 billion in 2025, sustaining an annual growth rate (CAGR) of 7.4%. The historical increase in the market size can be linked to factors such as an aging demographic, widespread chronic illnesses, work-related and sports injuries, emphasis on preventive healthcare, and the broadening horizons in healthcare settings.

In the forthcoming years, the physical therapy market is anticipated to witness robust expansion. It is projected to increase to $37.54 billion in 2029, with a compound annual growth rate (CAGR) of 5.8%. The expected growth in this term can be associated with factors such as the incorporation of telehealth services, heightened consciousness about the advantages of physical exertion, emphasis on strategies for aging in place, tailored treatment programs, and a collective approach to healthcare. Notable trends for the projection period encompass novel technological revolutions in rehabilitation, progress in rehab technologies, the inclusion of digital health, as well as orthopedic and sports rehab, supported by tech-enhanced rehab facilities.

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What Are the Major Segments in the Physical Therapy Market?
The physical therapy market covered in this report is segmented -

1) By Type: Orthopedic Physical Therapy, Geriatric Physical Therapy, Neurological Physical Therapy, Cardiopulmonary and Pulmonary Physical Therapy, Other Types
2) By Age Group: Pediatrics, Adults, Elderly
3) By End-Use: Hospitals And Clinics, Community Centers, Sports Centers, Convalescent Homes, Schools And Sports Academies, Other End-Uses

Subsegments:
1) By Orthopedic Physical Therapy: Post-Surgical Rehabilitation, Sports Injury Rehabilitation, Joint And Muscle Pain Management, Fracture And Trauma Recovery
2) By Geriatric Physical Therapy: Fall Prevention And Balance Training, Arthritis And Osteoporosis Management, Mobility And Strength Training, Neuromuscular Disorders Treatment
3) By Neurological Physical Therapy: Stroke Rehabilitation, Parkinson's Disease Therapy, Spinal Cord Injury Rehabilitation, Multiple Sclerosis Therapy, Traumatic Brain Injury (TBI) Recovery
4) By Cardiopulmonary And Pulmonary Physical Therapy: Cardiovascular Rehabilitation, Pulmonary Rehabilitation (COPD, Asthma), Post-Heart Surgery Rehabilitation, Breathing Exercises And Techniques
5) By Other Types: Pediatric Physical Therapy, Women's Health Physical Therapy, Vestibular Therapy, Occupational Therapy And Pain Management

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What Are The Driving Physical Therapy Market Evolution?
The escalation of musculoskeletal disorders is projected to enhance the expansion of the physical therapy market. These disorders, commonly known as MSDs, are medical ailments that influence the muscles, bones, tendons, ligaments, and other elements of the musculoskeletal system. Physical therapy plays a crucial role in the prevention, treatment, and controlling of MSDs due to its emphasis on education, ergonomic instruction, modifications for workplace safety, on-site therapy, and reintegration into work programs. As an example, the World Health Organization reported in July 2022 that globally, approximately 1.71 billion individuals were affected by musculoskeletal conditions. More data from a survey hosted by PubMed Central (PMC) in March 2022 showed findings from 282 students regarding digital device usage, physical activity, how much time they spend seated, frequency of walks, and ergonomics. The results indicated increased usage of devices and more time sitting, with a decrease in physical activity and walking during the pandemic times. A significant 75.9% reported experiencing musculoskeletal pain, mainly in the neck and shoulders (65%). Furthermore, 46% of students who used laptops or phones for work from home reported experiencing text neck syndrome. Therefore, the rise in musculoskeletal disorders could theoretically boost the physical therapy market's growth. The surge in the physical therapy market is due in part to an increase in the aging population. The term "aging population" refers to a demographic pattern that sees an increasing ratio of elderly people in a given society or population. Physical therapy is a key healthcare strategy for this population as it can assist with age-associated health problems, boost mobility, relieve pain, and enhance overall functional independence. As an example, the World Health Organization reported in October 2022 that the world's population of individuals aged 60 years and above is rapidly growing and is predicted to double by 2050 to approximately 2.1 billion. Therefore, the rise in the aging population is another factor fuelling the growth of the physical therapy market.

Which Firms Dominate The Physical Therapy Market Segments?
Major companies operating in the physical therapy market report are HCA Healthcare, Geisinger Health System (GHS), Select Medical Corporation, Kindred Healthcare Holdings LLC, Genesis HealthCare, Mercy Aged and Community Care Ltd., Rush-Copley Medical Center, Savaseniorcare LLC, DJO LLC, Concentra Inc., Professional Physical Therapy, Benchmark Physical Therapy, ATI Physical Therapy, US Physical Therapy Inc., PIVOT Physical Therapy, Athletico Physical Therapy, ProHealth Limited, NovaCare Rehabilitation, OrthoCarolina, Performance Health Supply Inc., Dynatronics Corporation, Enraf-Nonius B.V., Rehab Alternatives PLLC, BTL Industries, EMS Physio Ltd., Knight Health Holdings LLC, ProActive Physical Therapy, ITO Co. Ltd., AmeriCare Physical Therapy, Therapydia Inc.

What Trends Are Expected to Dominate the Physical Therapy Market in the Next 5 Years?
In the physical therapy market, main industry players are merging digital and traditional care to enhance the treatment experience for patients. This unified approach facilitates personalized, direct care while also granting the ease and assistance of digital applications. For example, Hinge Health, a US company that provides physical therapy services, initiated a house call physical therapy service in January 2023, starting in Chicago with the ambition to expand across the country. This fresh offering aims to combine in-person care with Hinge Health's established digital therapies, allowing patients to undergo treatment in the privacy of their residences or offices. The service provides adaptable scheduling choices, such as appointments the next day or during weekends. Each session approximately runs for 45 minutes, featuring a detailed evaluation of the patient's physical abilities and residential surroundings. This strategic move is designed to enrich patient care through harmonizing digital and in-person therapies, overcoming challenges like transportation and technology accessibility, and ultimately enhancing health equality.

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Which Is The Largest Region In The Physical Therapy Market?
North America was the largest region in the physical therapy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physical therapy 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 Physical Therapy Market?
2. What is the CAGR expected in the Physical Therapy Market?
3. What Are the Key Innovations Transforming the Physical Therapy Industry?
4. Which Region Is Leading the Physical Therapy Market?

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