MarketsandMarkets Presents Physiotherapy Equipment Market by Product, Application & End User

The “Physiotherapy Equipment Market by Equipment (Cryotherapy, Heat, therapy, Hydrotherapy), Accessories (Posture Mirror, Exercise Ball)], Applications (Pediatric, Musculoskeletal) & End Users (Hospitals), Advanced technologies - Global Forecast to 2019” provides a detailed overview of major drivers, restraints, challenges, opportunities, current market trends and strategies impacting the global market along with estimates and forecast of revenue.Physiotherapy Equipment Market

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The physiotherapy equipment market is expected to grow at a single–digit CAGR of 6.8% to reach $19,786.3 million by 2019 from $14,240.0 million in Major factors fueling growth of this market are rapidly aging population, increasing inclination towards active lifestyles, and government support in the form of incentives. However, lack of skilled physiotherapists, high maintenance expenses, and stringent regulations are restricting the growth of the market. The market is segmented on the basis of products (equipment and accessories), applications (cardiovascular and pulmonary, musculoskeletal, neurology, pediatric, and others), end users (hospitals, clinics, and others), and geographies (North America, Europe, Asia-Pacific, RoW). The physiotherapy equipment market, by application is segmented into cardiovascular and pulmonary, musculoskeletal, neurology, pediatric, and others (sports, women health, and palliative care). Musculoskeletal is the largest and fastest-growing segment of the market. The high growth rate of this segment can be attributed to growing incidences of cardiovascular diseases, neurological disorders, and rising number of injuries and accidents.

The market, by end user is categorized into hospitals, clinics, and others (home health centers, schools, and rehabilitation centers). Hospitals are the key end users for physiotherapy equipment. Geographically, the market is dominated by North America, followed by Europe. However, Asia-Pacific region is expected to grow at the highest CAGR of 8.4% during the forecast period. Key players operating in the physiotherapy equipment market are BTL Industries (Czech Republic), DJO Global (U.S.), Enraf-Nonius (Netherlands), EMS Physio (U.K.), Isokinetic, Inc. (U.S.), and Patterson Medical (U.K.).

Physiotherapy Equipment Market Scenario, by Application,

The physiotherapy equipment market is estimated to grow at a CAGR of 6.8%to reach $19,786.3 million by 2019.Electric stimulation is the largest segment of the market. However, musculoskeletal will be the fastest- growing application segment during the forecast period. This report segments the global physiotherapy equipment market by product, application, end user, and geography. On the basis of product, the market is segmented into equipment and accessories. The equipment segment is further segmented into hydrotherapy, cryotherapy, continuous passive motion (CPM), electric stimulation, heat therapy, therapeutic exercises, ultrasound, and others (laser therapy, wax therapy, and traction). The accessories segment is further bifurcated into orthoses and other assistive devices (walkers, wheelchairs, and crutches). Equipment accounted for the largest share 65% of the overall physiotherapy market in 2014, owing to the increasing demand of physiotherapy equipment.

The physiotherapy equipment market is estimated to grow at a CAGR of 6.8%to reach $19,786.3 million by 2019.Electric stimulation is the largest segment of the market. However, musculoskeletal will be the fastest- growing application segment during the forecast period. This report segments the global physiotherapy equipment market by product, application, end user, and geography. On the basis of product, the market is segmented into equipment and accessories. The equipment segment is further segmented into hydrotherapy, cryotherapy, continuous passive motion (CPM), electric stimulation, heat therapy, therapeutic exercises, ultrasound, and others (laser therapy, wax therapy, and traction). The accessories segment is further bifurcated into orthoses and other assistive devices (walkers, wheelchairs, and crutches). Equipment accounted for the largest share 65% of the overall physiotherapy market in 2014, owing to the increasing demand of physiotherapy equipment.

Growth of this market is propelled by the rising number of elderly populationand growing incidences of cardiovascular diseases and neurological disorders. The market is further driven by factors such as favorable healthcare reforms, high employment rate, and population inclination towards active lifestyles. High growth potential in emerging markets and evolution of portable physiotherapy devices provide new growth opportunities to players in the market. However, unfavorable reimbursement scenario, dearth of trained and skilled physiotherapists, and high maintenance costs of physiotherapy equipment are the key factors that are limiting growth of this market. In addition, stringent and time- consuming regulations are the key market challenges. Thorough analysis of this market identified reduction in the healthcare budget and its effect on the reimbursement rates of physiotherapy equipment as the burning issues in the market. On the other hand, development and launch of mobile applications for physiotherapy were identified as a winning imperative.

Key players operating in the physiotherapy equipment market are BTL Industries (Czech Republic), DJO Global (U.S.), Enraf-Nonius (Netherlands), EMS Physio (U.K.), Isokinetic, Inc. (U.S.), and Patterson Medical (U.K.).

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