Press release
Physiotherapy Equipment Market: Segment Snapshot and Table of Content (2015 - 2022)
The global physiotherapy equipment market is estimated to be valued at US$15 Bn by the end of 2015 and is expected to grow at a CAGR of 6.8% from 2015 to 2022, to account for US$23.7 Bn by 2022.Globally, the physiotherapy equipment market is witnessing significant growth due to increasing prevalence of cardiovascular and neurological diseases, growing aging population, the high incidence of sports injuries, and rising awareness about therapeutic applications of physical therapy. However, inadequate reimbursement policies is a key restraint for the growth of the physiotherapy equipment market.View Report Preview @ https://www.persistencemarketresearch.com/market-research/physiotherapy-equipment-market.asp
The Physiotherapy Equipment Market is segmented on the basis of product type, application, end-user and region.
The global market for physiotherapy equipment is segmented on the basis of product, application, and end-user. The product segment is further bifurcated into equipment and accessories. By equipment, the market includes various sub-segments, such as hydrotherapy, cryotherapy, continuous passive motion (CPM), electric stimulation, heat therapy, therapeutic exercises, ultrasound, and others. Based on accessories, there are two sub-segments viz. orthoses and others (crutches and wheelchairs). On the basis of application, the market is fragmented into musculoskeletal, neurology, cardiovascular and pulmonary, pediatrics, and others sub-segments, whereas by end user, the market is classified as hospitals, clinics, and others. Although the equipment segment continues to dominate, the accessories segment is anticipated to witness a higher CAGR during the forecast period. By equipment, hydrotherapy will gain more traction, whereas musculoskeletal segment will hold the highest market share in terms of application. Based on end-user, hospitals will continue to represent the largest and fastest growing segment. Ultrasound and electric stimulation are projected to witness significant growth through to 2022.
North America dominated the physiotherapy equipment market due to growing geriatric population and increasing the prevalence of neurological and cardiopulmonary diseases. Moreover, rising government initiatives is also supporting to the growth of the physiotherapy equipment market in the region.
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The Europe physiotherapy equipment market is expected to witness moderate growth owing to increasing prevalence of neurological disorders, musculoskeletal problems, and cardiopulmonary diseases. Moreover, increasing aging population is also supporting the growth of the market in the region.
The physiotherapy equipment market in Asia is expected to grow rapidly during the forecast period due to the growing geriatric population. Moreover, the substantially large population of patients suffering from neurological diseases in Japan and China is also supporting the growth of physiotherapy equipment market in the region.
Summary of Table of Content
1. Preface
2. Market Synopsis
3. Porter’s Five Forces Analysis
4. Industry Overview
5. Global Market Size and Forecast
6. Market Size and Forecast by Product
7. Market Size and Forecast by Application
8. Market Size and Forecast by End Use
9. Market Size and Forecast by Geography
10. Competitive Scenario
11. Company Profiles
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