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Published Date: 2017-12-13Number of Pages: 205

Physiotherapy Devices Market (Product Type - Equipment (Hydrotherapy Equipment, Electrotherapy Equipment, and Heat & Cold Therapy Equipment), Kit, Accessories (Orthoses and Assistive Devices); Application - Musculoskeletal, Neurology, Cardiovascular, and Others; End User - Hospital, Physiotherapy Clinic, Rehabilitation Center, and Others) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Global Physiotherapy Devices Market: Overview

The global physiotherapy devices market has been gaining a steady momentum in recent years due to a high incidence of injuries and ailments. Lifestyle changes, poor habits, and availability of physiotherapy services has boosted market growth in the past few years. On the other hand, the increasing participation in sporting activities has also had a positive impact in the overall market. According to the research report, the global physiotherapy devices market is likely to be worth US$2,838.9 mn by the end of 2025 from US$1,686.1 mn in 2016. During the forecast period of 2017 and 2025, the global market is expected to surge at a CAGR of 6.1%.

Based on product type, the global physiotherapy devices market is classified into equipment, kit and accessories. The equipment segment is estimated to claim the largest market share in 2016 followed by accessories and kit segments. On the other hand, the accessories segment is anticipated to witness higher growth compared to equipment and kit segments during the forecast period. The kit segment is minor contributor in this market. High price makes the equipment segment as the leading contributor in the global physiotherapy device market. Whereas rising awareness of the accessories among non-medical professionals is a potential reason for higher growth of the same segment in the forecast period.

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Electrotherapy Emerges as Popular Equipment for Treating Ailments

The global physiotherapy devices market by equipment type has been segmented as hydrotherapy equipment, electrotherapy equipment, heat & cold therapy equipment and others. Among these four segments, electrotherapy segments holds the highest market share, significant market attractiveness, and exhibits highest growth rate in the forecast period. Easy availability, low price, and efficiency in pain reduction are the major factor for which electrotherapy equipment segment becomes a leading contributor in the market.

The application segment of the global physiotherapy devices market has been categorized as musculoskeletal, neurological, cardiovascular and others. The neurological segment claims the highest market share and noteworthy market attractiveness and exhibits highest growth rate in the forecast period followed by musculoskeletal, cardiovascular and others segments. The worldwide alarming rate of stroke and the rising prevalence of paralysis of the stroke patients are the key reasons for which neurological sector leads the total global market by application.

By end user type, the global physiotherapy devices market is segmented into hospitals, physiotherapy clinics, rehabilitation centers, and others. Hospital and physiotherapy clinics segments claim the major share and show remarkable market attractiveness but the physiotherapy clinics segment represents higher growth rate (compared to hospital segment) in the forecast period. The availability of trained professionals, less-costly healthcare facilities, and effective results are the key drivers for the growth of the physiotherapy clinics segment.

North America to Lead Global Market due to Higher Awareness

Geographically, the global physiotherapy devices market is categorized into the North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. The North America market holds the highest market share in 2016 and shows a potential market attractiveness but the Asia Pacific market represents a promising growth rate in the forecast period. The awareness of physiotherapy treatment, availability of trained professionals, and affordability of expensive devices are the key factors for making the North America region as the leading contributor in the market. On the other hand, the larger population pool and the growing awareness may be the prospective reasons for the Asia Pacific market for being a promising market in forecast period. 

Prominent key players are DJO Global, EMS Physio Ltd., BTL, Patterson Medical Ltd., Enraf-Nonius, Dynatronics Corporation, Ossur, A. Alego Limited, HMS Medicals Systems. In 2015, DJO Global developed a complex wireless neuromuscular electronic stimulation product used for motor nerve and muscle fibers disorder. BTL launched BTL 6000 super inductive system elite based on high intensity electromagnetic field for fracture healing, and myorelaxation in 2016.

Global Physiotherapy Devices Market: Overview

This report on the physiotherapy devices market analyzes the current and future scenario of the global market. Growing number of geriatric population, rising prevalence of different diseases among several age-groups, and introduction of novel technologies are the major drivers of the global physiotherapy devices market during the forecast period. On the other hand, the deficiencies of skilled physiotherapists, and high cost of equipment may depress the growth of the same market. 

The global physiotherapy devices market report comprises a detailed elaborate executive summary, which includes market snapshot that provides information about various segments. It also provides information and data analysis of the country’s market with respect to the segments based on product type, application and end-users. An elaborated qualitative analysis of drivers and restraints, opportunities, and trends has been provided in the market overview section. This section also provides market attractiveness analysis in terms of country, thus presenting a thorough analysis of the overall competitive scenario in the global physiotherapy devices market.

Global Physiotherapy Devices Market: Segmentation

Based on the products, the global physiotherapy devices market is classified into equipment, kit and accessories. The equipment segment is further classified into hydrotherapy, electrotherapy, heat & cold therapy and others whereas the accessories segment include orthoses and assistive devices. The market segments have been analyzed based on disability rate, awareness of physiotherapy treatment, actual percentage of population accessing physiotherapy treatment, requirement of product types, costs, and medical scenarios.  The market size and forecast for each of these segments have been provided for the period from 2015 to 2025, along with their respective CAGR for the forecast period from 2017 to 2025, considering 2016 as the base year.

Based on application, the market has been segmented into neurological, musculoskeletal, cardiovascular and others. The market segments have been extensively analyzed based on the incidence of abnormality, requirement of post-abnormality conditions, cost of the devices, and medical reimbursements. The market size and forecast in terms of US$ Mn for each segment have been provided for the period from 2015 to 2025. The report also provides the compound annual growth rate (CAGR %) for each market segment for the forecast period from 2017 to 2025, considering 2016 as the base year. On the basis of end-users, the market has been segmented into hospitals, physiotherapy clinics, rehabilitation centers, and others. This segmentation has been done on the basis of usage of physiotherapy devices in those centers.

Global Physiotherapy Devices Market: Regional Outlook

Geographically, the global physiotherapy devices market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market size and forecast for each of these regions have been provided for the period from 2015 to 2025, along with their respective CAGRs for the forecast period from 2017 to 2025, considering 2016 as the base year.

Global Physiotherapy Devices Market: Competitive Profile

The report also profiles major players in the global physiotherapy devices market based on the various attributes such as company overview, financial overview, product portfolio, business strategies, SWOT analysis, and recent developments. The key players operating in the global physiotherapy devices market includes DJO Global, EMS Physio Ltd., BTL, Patterson Medical Ltd., Enraf-Nonius, Dynatronics Corporation, Ossur, A. Alego Limited, HMS Medicals Systems.

The global physiotherapy devices market is segmented as given below:

Global Physiotherapy Devices Market, by Product Type

  • Equipment
    • Hydrotherapy
    • Electrotherapy
    • Heat & Cold therapy
    • Others
  • Kit
  • Accessories
    • Orthoses
    • Assistive Devices

Global Physiotherapy Devices Market, by Applications

  • Musculoskeletal
  • Neurology
  • Cardiovascular
  • Others (oncology, Fibromyalgia syndrome etc.)

Global Physiotherapy Devices Market, by End-user

  • Hospitals
  • Physiotherapy Clinics
  • Rehabilitation Centers
  • Others

Global Physiotherapy Devices Market, by Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • Japan
    • India
    • Rest of APAC
  • Latin America (LATAM)
    • Brazil
    • Mexico
    • Rest of LATAM
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Israel
    • Rest of Middle East & Africa


 
 
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