Physiotherapy Market to Record Growth of $6.00 Billion; North America will offer significant growth opportunities – Technavio

NEW YORK, November 14, 2022 /PRNewswire/ — The “Physiotherapy Market by Therapy and Geography – Forecast and Analysis 2022-2026report has been added to Technavio’s offering. The report forecasts the market size to increase by $6.00 billion between 2021 and 2026, accelerating at a CAGR of 5.44% during the forecast period. The report provides a comprehensive analysis of factors affecting market growth, regional opportunities, revenue-driving segments, and much more. Understand the scope of this market research. Download FREE Sample PDF Report

Physiotherapy Market: Regional analysis

Region-wise, the market is analyzed through North America, Europe, Asia, and Rest of the world (ROW). Around 37% of market growth will come from North America during the forecast period. The large market share of this region can be attributed to favorable conditions, such as strong consumer demand and adequate supply from manufacturers, thus narrowing the gap between supply and demand. The regional market is also driven by the presence of well-developed healthcare facilities and the higher disposable income of people, which makes the best healthcare affordable.

Physiotherapy Market: Major Revenue Generating Segment

On the basis of therapies, the market is segmented into therapies, equipment and others. Market growth in the therapies segment will be significant over the forecast period. The prevalence of lifestyle-related diseases such as diabetes, obesity, cardiovascular disorders and strokes is increasing due to unhealthy lifestyles adopted by people. This, in turn, has led to an increase in the number of patients and an increased demand for physiotherapy treatments during the recovery phase of these diseases. Another reason driving the growth of the segment is the preventive measures people take to avoid these diseases by undergoing weight loss training and cardiovascular training, which leads to increased demand for these therapies.

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Physiotherapy market: key driver

The market is driven by the growing number of healthcare providers. Rising cases of chronic diseases, medical emergencies, epidemics, and short- and long-term disabilities lead to an increase in the number of health care providers. With the increase in patient attendance, the demand for physiotherapy equipment, such as CPM units, electro muscle stimulators, ultrasound devices, etc., and therapies such as hydrotherapy, cryotherapy, thermotherapy , etc., also increases. To meet the growing demand, healthcare providers are expanding their capabilities in terms of services, equipment and products. This creates greater growth opportunities for manufacturers and suppliers of healthcare equipment, including physiotherapy products. All these factors are expected to drive the growth of the global physiotherapy market over the forecast period.

According to Technavio, the improved post-processing services will have a positive impact on the market and contribute significantly to its growth over the forecast period. This research report also analyzes other significant trends and market drivers that will influence the growth of the market during the period 2022-2026.

Physiotherapy market: improving post-treatment services

Improved post-processing services are identified as the major market trend. Advanced medical facilities provide various post-treatment services, such as intensive care and intensive care, under the observation of medical personnel. Physiotherapy is another treatment that medical institutions might offer. A patient may be advised to undergo physiotherapy while recovering from an illness. This trend is leading to increased usage of physiotherapy products, thereby driving the growth of the global physiotherapy market.

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Some of the main topics covered in the report include:

Market factors

Market challenges

Market trends

Supplier Landscape

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Contents:

1. Summary

2 Market landscape

3 Market sizing

4 Five forces analysis

5 Market Segmentation by Therapy

6 Customer Landscape

7 Geographic landscape

8 drivers, challenges and trends

9 Supplier landscape

10 Vendor Analysis

11 Appendix

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