Key Trends Influencing the Growth of the Physical Therapy Market in 2025: Integration of Digital and In-Person Care for Improved Patient Experience

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What Is the Expected CAGR for the Physical Therapy Market Through 2025?
The market size for physical therapy has experienced robust growth in the past few years. It is projected to expand from $27.89 billion in 2024 to $29.95 billion in 2025, reflecting a compound annual growth rate (CAGR) of 7.4%. The notable growth in the past years can be associated with a combination of factors such as the aging population, prevalent chronic illnesses, occupational and sports-related injuries, emphasis on preventive healthcare, and broadening scope in various healthcare settings.

What's the Projected Size of the Global Physical Therapy Market by 2029?
The size of the physical therapy market is predicted to experience robust expansion in the approaching years. It's projected to increase to a market value of $37.54 billion by 2029, with a compound annual growth rate (CAGR) of 5.8%. The surge during the estimated period could be credited to the incorporation of telehealth services, heightened understanding of physical activity advantages, emphasis on strategies for aging-in-place, customized treatment blueprints, and interdisciplinary healthcare tactics. In the upcoming period, major directions such as technological breakthroughs in rehabilitation, enhancements in rehabilitation technologies, integration of digital health, orthopedic and sports rehabilitation, and tech-backed rehabilitation should be observed.

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Top Growth Drivers in the Physical Therapy Industry: What's Accelerating the Market?
The rise in musculoskeletal disorders (MSDs) is anticipated to fuel the physical therapy market's expansion. MSDs are medical conditions impacting the bones, muscles, tendons, ligaments and other components of the musculoskeletal system. Physical therapy, which focuses on prevention, management and treatment of MSDs through education, workspace safety changes, on-site treatment, ergonomics training, and return-to-work plans, is critical. For example, the World Health Organization reported in July 2022 that nearly 1.71 billion individuals globally suffer from musculoskeletal conditions. A survey released in PubMed Central (PMC) in March 2022, which analyzed responses from 282 students around digital device usage, ergonomics, physical activity, sitting times and walking frequency, revealed increased device use and sitting time but reduced physical activity and walking during the pandemic. It was found that 75.9% experienced musculoskeletal discomfort, particularly in the neck and shoulders (65%). Moreover, 46% of home-based students using laptops or smartphones reportedly developed text neck syndrome. Consequently, the escalation in musculoskeletal disorders is likely to drive the growth of the physical therapy market. A significant surge in the physical therapy market is expected, credited to the steadily growing elderly population. This demographic trend, which involves an increasing number of older individuals in a society or population, calls for physical therapy to counteract age-related health issues, improve mobility, ease pain and enhance overall functional independence. The World Health Organization reported in October 2022 that the number of people aged 60 and over across the globe is increasing sharply, and is projected to double by 2050 to touch 2.1 billion. Thus, the escalating aging population is set to stimulate the expansion of the physical therapy market.

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What Trends Will Shape the Physical Therapy Market Through 2029 and Beyond?
Leading firms in the physical therapy sector are fusing digital and traditional care methods to elevate the quality of patient experience. This blend provides a well-rounded treatment regimen, enabling patients to enjoy personalized, hands-on attention, while also leveraging the convenience and utility of digital resources. For instance, Hinge Health, a US-based physical therapy service provider, unveiled a residential physical therapy service in January 2023, commencing in Chicago and aiming for a countrywide expansion. The objective of this novel service is to provide in-person physical therapy that supplements Hinge Health's existing digital care services, thus allowing patients to avail therapy either at their homes or workplaces. This service provides adaptable scheduling opportunities, including appointments for the next day and weekends. Each appointment spans roughly 45 minutes, during which a comprehensive evaluation of the patient's physical abilities and dwelling conditions is performed. The goal of this initiative is to augment the patient experience by assimilating digital and traditional methods of care, resolving hindrances like commuting and access to technology, ultimately leading to enhancements in health equality.

What Are the Main 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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Which Top Companies are Driving Growth in the Physical Therapy Market?
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.

Which Regions Will Dominate the Physical Therapy Market Through 2029?
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.

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