Physiotherapy Equipment Market on Track for Strong Growth, Estimated to Grow at 7% CAGR Through 2029

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What Is the Expected CAGR for the Physiotherapy Equipment Market Through 2025?
The market size for physiotherapy equipment has seen significant expansion in the past few years. Projections show that it will expand from a worth of $19.56 billion in 2024 to a value of $20.91 billion in 2025, indicating a compound annual growth rate (CAGR) of 6.9%. This surge during the historical period can be traced back to the growing need for physical rehabilitation and an amplified focus on bespoke healthcare. Other factors that have played a part include the rising geriatric population, an uptick in sports-related injuries, and an increase in chronic disease cases.

What's the Projected Size of the Global Physiotherapy Equipment Market by 2029?
The market size of physiotherapy equipment is projected to experience substantial expansion in the upcoming years, escalating to $27.4 billion by 2029, with a compound annual growth rate (CAGR) of 7.0%. Factors contributing to growth during the forecast period include an increase in healthcare expenses, a rising number of musculoskeletal disorders, the emergence of digital physiotherapy solutions, an increasing rate of obesity, and a heightened focus on enhancing patient results. Key trends during the forecast period encompass developed healthcare frameworks, cutting-edge medical technologies, sophisticated physiotherapy equipment, and innovative physiotherapy gadgets.

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Top Growth Drivers in the Physiotherapy Equipment Industry: What's Accelerating the Market?
The increasing prevalence of osteoporosis is predicted to stimulate the expansion of the physiotherapy equipment market. Osteoporosis, marked by fragile bones that have a high risk of fractures due to reduced bone density and strength, is growing due to factors such as increasing age, inactive lifestyles, and unhealthy eating patterns. As people live longer, many reach an age where bone density naturally decreases, making them more vulnerable to osteoporosis. Physiotherapy equipment provides solutions that bolster bones, enhance balance, and amplify muscle function, thus lowering the chances of falls and fractures. For example, the Australian Institute of Health and Welfare, a government agency from Australia, reported in June 2024 that in 2022 osteoporosis was the cause of 2,659 deaths, equivalent to 10.2 deaths per 100,000 people, and amounted to 1.4% of total deaths. Hence, the rising prevalence of osteoporosis boosts the growth of the physiotherapy equipment market.

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What Trends Will Shape the Physiotherapy Equipment Market Through 2029 and Beyond?
Leading corporations in the physiotherapy equipment market are prioritizing the creation of innovative items like rehabilitation robots to boost patient recovery and elevate the results of treatment practices. These groundbreaking recovery robots are innovative robotic systems that incorporate state-of-the-art technologies such as Artificial Intelligence, brain-computer interfaces (BCI) and top-quality sensors to boost patient recovery time, reestablish motor functions and elevate the overall results of rehabilitation. For example, in November 2023, Syrebo, a technologically driven company based in China, introduced the Hand Rehabilitation Robot (BCI) SY-BR09 and the Upper Limb Rehabilitation Robot SY-UEA2. The hand rehabilitation robot (BCI) SY-BR09 employs brain-computer interface (BCI) technology to stimulate the brain for 'top-down' neural restructuring, enhancing active motion consciousness and greatly improving the effectiveness of rehabilitation procedures. The upper limb rehabilitation robot SY-UEA2 is equipped with a fully functional mobile platform and offers precise optical positioning technology, providing specific upper limb exercises to assist with functional recovery.

What Are the Main Segments in the Physiotherapy Equipment Market?
The physiotherapy equipment market covered in this report is segmented -

1) By Type: Cryotherapy, Hydrotherapy, Continuous Passive Motion (CPM), Ultrasound, Electric Stimulation, Heat Therapy, Therapeutic Exercise, Other Types
2) By Application: Neurology, Musculoskeletal, Pediatric, Cardiovascular And Pulmonary, Other Applications
3) By End-User: Hospitals And Clinics, Rehabilitation Centers, Other End-Users

Subsegments:
1) By Cryotherapy: Ice Packs, Cold Compression Therapy Units, Cryo Chambers, Vapocoolant Sprays
2) By Hydrotherapy: Whirlpool Therapy Equipment, Underwater Treadmills, Aquatic Therapy Pools, Hydrotherapy Tanks
3) By Continuous Passive Motion (CPM): Knee CPM Machines, Shoulder CPM Machines, Elbow CPM Machines, Ankle CPM Machines
4) By Ultrasound: Therapeutic Ultrasound Devices, High-Intensity Focused Ultrasound (HIFU), Low-Intensity Pulsed Ultrasound (LIPUS)
5) By Electric Stimulation: Transcutaneous Electrical Nerve Stimulation (TENS) Units, Neuromuscular Electrical Stimulation (NMES) Devices, Functional Electrical Stimulation (FES) Devices, Interferential Current Therapy (IFC) Units
6) By Heat Therapy: Infrared Lamps, Heating Pads, Paraffin Wax Baths, Hot Packs
7) By Therapeutic Exercise: Resistance Bands And Tubes, Balance And Stability Equipment, Exercise Balls, Strength Training Machines
8) By Other Types: Laser Therapy Devices, Traction Therapy Equipment, Shockwave Therapy Machines, Magnetotherapy Devices

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Which Top Companies are Driving Growth in the Physiotherapy Equipment Market?
Major companies operating in the physiotherapy equipment market are Medtronic plc, Zimmer Biomet Holdings Inc., Oceanic Healthcare, Dynatronics Corporation, Chirag Electronics Pvt. Ltd., HMS Medical Systems, Bio-Med International Pvt Ltd., Naugra Medical, Hi-Tech Surgical Company, Bit & Byte Technosys Private Limited, Johari Digital, Physio Medicare, Cerabest Healthcare, Bharath Medical Systems, Divine Physiotherapy Equipments, JaincoLab, Syrebo, Sonka Medical, Maktrex International, Life Care Systems, Tapsi Electro Medical Systems & Services, Physio International

Which Regions Will Dominate the Physiotherapy Equipment Market Through 2029?
North America was the largest region in the physiotherapy equipment market in 2024. The regions covered in the physiotherapy equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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