Physiotherapy Equipment Market 2022
The Global physiotherapy equipment market is known to be growing at a moderate rate of CAGR of 6.21% over the forecast period of 2019 and 2025. The growth process would also market a crossing of a valuation bar of $19,100 million by the end of 2025. Market Research Future (MRFR) discusses the Physiotherapy Equipment Market report and reveals various growth inducing factors that can transform the way the market is predicted to shape in the coming years.
Physiotherapy equipment can be defined as instruments that physiotherapists use to treat patients suffering from various musculoskeletal disorders. These would cover neurological, cardiovascular and pulmonary, gynecological and other diseases. Various factors are expected to trigger better growth of the global physiotherapy equipment. Other factors such as changing lifestyle, geriatric population, increase in accident cases, etc. can be taken into consideration while dealing with the growth prospects of the global Physiotherapy Equipment Market.
The physiotherapy equipment market may encounter obstacles in the form of a lack of physiotherapy reimbursement policies which may deter people from opting for the treatment.
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The global physiotherapy equipment market presents immense opportunities in terms of traction with various sectors and companies participating in the growth of the market. These companies are known for their vast plans and moves which often include mergers, combinations, acquisitions, innovations and the like. These measures have been amply supported by increased investment in the sector. These companies are DJO Global, INC., BTL Industries, ENRAF-NONIUS BV, Dynatronics Corporation, EMS Physio, ITO CO. LTD., Zimmer Medizinsysteme GMBH, Whitehall Manufacturing, Performance Health (subsidiary of Madison Dearborn Partners, Mectronic Medicale and others.
The global physiotherapy equipment market can be segmented on the basis of product, application, and end user.
By product, the physiotherapy equipment market can be segmented into equipment and accessories. The equipment sector is expected to score more due to its inclusion in several associated segments such as gynecological, pediatric and others. The accessories segment has the best growth rate.
By application, the physiotherapy equipment market includes musculoskeletal applications, gynecological applications, cardiovascular and pulmonary applications, neurological applications and others. The segment of musculoskeletal applications has better growth prospects and it is gaining its traction among the geriatric population.
By end-users, the global Physiotherapy Equipment market report includes hospitals and clinics, home care facilities and physiotherapy centers. Hospital and clinics
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North America is a region that is expected to prosper with the benefits of better health care structure, high investment opportunities, more innovations, better people’s awareness, opportunities growing opportunities for investors to make the most of this market, and others. The high investment capacity of the people can boost the growth of the market. In the United States and Canada, the market growth would be substantial due to their superlative infrastructures and high investment capacity.
Europe would follow similar trends as regional players like Germany, UK, France and others are constantly developing their healthcare sector. Such growth in a diverse industry is expected to see the market gain better mileage in the coming years.
The Asia-Pacific (APAC) market has the potential to ensure that the regional market gains momentum. This is due to the presence of countries like Japan, China, India and others. These regions, with their dense populations, are expected to ensure substantial market growth in the coming years.
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