30 July 2020
Visiongain has launched a new report Physiotherapy Equipment Market Report 2020-2030: Forecasts by Application (Neurology, Musculoskeletal, Pediatrics, Cardiovascular & Pulmonary, Others), by Type (Hydrotherapy, Cryotherapy, Continuous Passive Motion (CPM), Ultrasound, Electric Stimulation, Heat Therapy, Therapeutic Exercise, Others), by Demographics (Geriatric Population, Non-geriatric Population), by End-use (Hospitals & Clinics, Physiotherapy Clinics, Rehabilitation Centers, Others), and by Region (North America, Europe, Asia Pacific, Latin America & MEA), Including Forecasts by Major Developed Countries and Developing Countries, Plus Profiles of Leading Companies.
Physiotherapy is a type of treatment used to restore and maintain physical strength, function, and mobility. Physiotherapy differs based in the diagnosis of physical abnormality and is provided by trained and licensed health professionals. Various types of equipment are used in physiotherapy to naturally heal and improve the body function. Physiotherapy equipment are commonly used for the treatment of musculoskeletal applications owing to the increase in musculoskeletal disorders cases and rise in the geriatric population.
The rise in geriatric population and increasing number of people leading sedentary lifestyle are the major factors to increase the demand for physiotherapy equipment worldwide. As per the data by the World Health Organization (WHO), the elderly population globally is anticipated to increase from 900 million in 2015 to 2 billion by 2050. As the elderly population are more prone to suffer from different ailments such as musculoskeletal and cardiovascular diseases, the increasing geriatric population is expected to increase the demand for physiotherapy. As per the data by Centers for Disease Control and Prevention, in 2016, almost 0.3 million elderly people were hospitalized for hip fractures in the US. Moreover, sedentary lifestyle that includes unhealthy eating habits and not exercising regularly can increase the risk of ligament pain and prevalence of lifestyle diseases such as Parkinson and stroke. Such factors along with the technological advancement have increased the demand for physiotherapy equipment worldwide.
The rise in the incidence of sport injuries, increase in the number of road mishaps, and high incidence of degenerative joint disorders and cerebrovascular disease further drives the growth of global physiotherapy equipment market. Many gymnasiums and sports institutes have mandated the availability of physiotherapy to reduce the chances of any permanent damage caused due to sports injury. However, the unstable reimbursement scenario and lack of skilled professionals are expected to hamper the market growth.
The Visiongain report analyst commented “the rise in geriatric population and sedentary lifestyle are the major factors for the growing incidence of ligament pain and musculoskeletal diseases. In addition, the increase in the road mishaps, spinal cord injuries caused due to accidents, and technological advancement are further driving the growth of the physiotherapy equipment market”.
The report covers a detailed competitive outlook that includes market share and company profiles of key players operating in the global market. Key players profiled in the report include DJO Global, Inc., BTL Industries, Enraf-Nonius B.V., Dynatronics Corporation, EMS Physio, ITO Co. Ltd., Mectronic Medicale, Performance Health, Whitehall Manufacturing, and Zimmer Medizinsysteme GmbH.
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