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Advancements In Remote Physical Therapy Solutions Transforming The Physical Therapy Supplies Market Industry Trends Gaining Momentum in the Global Physical Therapy Supplies Market
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shiftsPhysical Therapy Supplies Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for physical therapy supplies has been on a consistent rise over the past years. It is projected to increase from $14.96 billion in 2024 to reach $15.91 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.4%. The significant growth observed in the historic period is due to factors like the growing prevalence of chronic illnesses, a surge in healthcare spending, a rise in engagement in sports and recreational activities, and amplified awareness regarding the advantages of physical therapy.
Physical Therapy Supplies Market Size Forecast: What's the Projected Valuation by 2029?
The market for physical therapy supplies is predicted to experience substantial expansion in the upcoming years, reaching a valuation of $20.11 billion by 2029, growing at a compound annual growth rate (CAGR) of 6.0%. The progression during the forecast timeframe can be ascribed to the escalating trend towards healthcare facilitation at home and remote supervision, improving focus on preventive healthcare, the rise in the elderly population, broadening healthcare facilities, and the growing reach of telemedicine and digital health mediums. The key developments expected during the forecast period encompass the incorporation of artificial intelligence in telerehabilitation solutions, rehabilitation programs administered through virtual reality, technological advancements in physical therapy machinery, the advent of robotics and automated systems in physical therapy, utilization of sensor technology in movement analysis, and the rise of remote rehabilitation applications and platforms.
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What Are the Drivers Transforming the Physical Therapy Supplies Market?
An increase in sports-related injuries is anticipated to fuel the growth of the physical therapy supplies market. These injuries, often resulting from sudden trauma, overuse, or improper technique during athletic activities or workouts, have seen a surge due to factors like increased participation, lack of proper training, and equipment-related issues. These supplies play a crucial part in sports injury rehabilitation by enabling specific exercises, bolstering muscle strength, and assisting in restoring mobility and function, hence expediting the recovery process for athletes and ensuring their safe return to the sport. For example, a report by the National Safety Council (NSC), an American nonprofit organization that advocates for health and safety through education, in August 2023 revealed that there was a minor rise of about 8.9% in exercise and exercise equipment injuries in 2022 (445,642 injuries) compared to 2021 (409,224 injuries). Concurrently, bicycle-related injuries increased by 7.9% from 375,798 in 2021 to 405,411 in 2022. Consequently, the escalating occurrence of sports injuries could propel the physical therapy supplies market's advancement.
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What Long-Term Trends Will Define the Future of the Physical Therapy Supplies Market?
Leading firms in the physical therapy supplies market are concentrating on the creation of cutting-edge therapy solutions like remote physical therapy to better patient care, enhance the accessibility of therapy, and maximize treatment results. These solutions utilize telecommunication technologies including video conferencing, wearable technology, and mobile apps, enabling online interactions between patients and therapists. For example, in May 2023, a healthcare company based in the United States, Sword Health, introduced the digital platform of Sword Health to predict, prevent, and handle pain. The platform offers digital physical therapy where the doctor of physical therapy and AI digital therapist can provide a personalized treatment plan based on the member's condition. Furthermore, the platform features Bloom by Sword Health, designed to aid women coping with pelvic health conditions, pioneering a holistic therapy solution using an intravaginal pod, a clinical-grade innovative technology.
Which Segments in the Physical Therapy Supplies Market Offer the Most Profit Potential?
The physical therapy supplies market covered in this report is segmented -
1) By Type: Hydrotherapy, Cryotherapy, Continuous Passive Motion, Ultrasound, Electric Stimulation, Heat Therapy, Therapeutic Exercise, Other Types
2) By Demographics: Non-Geriatric Population, Geriatric Population
3) By Application: Neurology, Musculoskeletal, Pediatrics, Cardiovascular And Pulmonary, Other Applications
4) By End Use: Hospitals And Clinics, Rehabilitation Centers, Other End-Uses
Subsegments:
1) By Hydrotherapy: Aquatic Therapy Equipment, Whirlpool Baths, Hydrocollator Packs
2) By Cryotherapy: Ice Packs And Wraps, Cryo Machines, Cold Compression Therapy Devices
3) By Continuous Passive Motion: CPM Machines For Joint Rehabilitation, Hand And Knee CPM Devices
4) By Ultrasound: Therapeutic Ultrasound Machines, Ultrasound Gel And Accessories
5) By Electric Stimulation: TENS Units, EMS Devices, Iontophoresis Devices
6) By Heat Therapy: Heating Pads, Heat Wraps, Hot Packs
7) By Therapeutic Exercise: Resistance Bands, Exercise Balls, Foam Rollers
8) By Other Types: Posture Correctors, Orthotics And Braces, Supportive Tapes And Bandages
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Which Firms Dominate the Physical Therapy Supplies Market by Market Share and Revenue in 2025?
Major companies operating in the physical therapy supplies market are Enovis Corporation, DJO Global Inc., BTL Industries, BSN Medical GmbH, Medical Facilities of America, Whitehall Manufacturing, Phymed S.R.L., Zynex Medical Inc., Patterson Medical, Performance Health, Zimmer MedizinSysteme GmbH, Dynatronics Corporation, Biodex Medical Systems Inc., Medsource USA Inc., Enraf-Nonius International, Storz Medical AG, CRS Rehabilitacja Sportowa, RICHMAR, EMS Physio Ltd., SEERS Medical Ltd., Tartan Group, HMS Medical Systems, Life Care Systems, ITO Co. Ltd., Grupo Roan
Which Regions Offer the Highest Growth Potential in the Physical Therapy Supplies Market?
North America was the largest region in the physical therapy supplies market in 2024. The regions covered in the physical therapy supplies market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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