Physiotherapy Equipment Market by Equipment (Cryotherapy, Hydrotherapy, Electrotherapy, Heat Therapy, Cryotherapy, Ultrasound, and Others) By Application (Neurological, Musculoskeletal, Cardiovascular and Pulmonary, and Others) By Demographics (Adult and Geriatric) By End User (Hospitals & Clinics, Rehabilitation Centres, and Others) By Region Global Market Size Estimates and Forecast (2022-2030)

The market crossed the US$ 20.8 billion mark in 2022 and is expected to hit US$ 33.2 billion by 2030, recording a CAGR of 6% during the forecast period. 

The musculoskeletal segment has been significantly growing with the high adoption of enteral feeding formula.

In the Department of Labour's Bureau of Labour Statistics, MSDs are diseases and disorders of the musculoskeletal system and connective tissues caused by bodily reactions (such as climbing, crawling, reaching, bending, twisting), repetitive motion, or overexertion. Musculoskeletal disorders do not include conditions caused by slips, trips, falls, or similar incidents. Several types of MSDs include sprains, strains, tears, back pain, carpal tunnel syndrome, and hernia.

Nearly 70 million physician office visits are attributed to musculoskeletal disorders in the United States yearly. An evaluated 130 million total health care encounters, including hospital, outpatient, and emergency room appointments.

Within the report, the market is segmented into equipment, application, demographics, and end user. The market is segmented by equipment: cryotherapy, hydrotherapy, electrotherapy, heat therapy, cryotherapy, ultrasound, and others. By application, the market is segmented into neurological, musculoskeletal, cardiovascular, pulmonary, and others. By demographics, the market is bifurcated into the adult and geriatric. The end user market is segmented into hospitals & clinics, rehabilitation centers, and others. Geographically, the market is sub-segmented into North America, Europe, Asia Pacific, South& Central America, and Middle East & Africa.

The physiotherapy equipment market is anticipated to grow due to the rise in the prevalence of chronic disorders.

Alternatively referred to as physical therapy, physiotherapy is a treatment to improve and restore appropriate body function. It utilizes various methods and techniques to help patients maintain their health and recover quickly. These treatments are usually prolonged and are conducted in outpatient clinics. On the other hand, inpatient rehabilitation treatments are often reserved for patients who are being observed following surgery.

An elderly population and the increasing prevalence of cardiovascular, neurological, and musculoskeletal diseases will likely propel market growth in established and developing countries such as India and China. According to a study published in the National Library of Medicine, 77.64 % elderly population in India has chronic disorders. As reported by the WHO's National Institute on Aging, the incidence of neurodegenerative and dementia illnesses is anticipated to increase significantly (25%–30%). Dementia eventually results in the impairment of speech-motor abilities and thinking. Most of these patients ultimately require continual care, monitoring, and assistance, which the use of physiotherapy equipment can decrease.

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Rising prevalence of the neurological disorder

Recent strategic developments in the physiotherapy equipment market

The physiotherapy equipment market has undergone several significant consequences, and a few of these have been mentioned below:

• In January 2018, Dynatronics Corporation announced a new distribution agreement for the Company's Dynatronics division's products, including the ThermoStim Probe, Dynatron Solaris Plus, and 125B Portable Ultrasound with Orthopedic Outfitters, Inc., a leading distributor of physical therapy and rehabilitation products in Northern California.
• In June 2020, DJO Global introduced DonJoy X-ROM Post-Op Knee Brace, incorporating an easily operated improvised fastener that is easy to adapt and apply. In 2019, the company launched its first fully sterile surgeon-controlled leg and retractor holder for Anterior Approach Hip Arthroplasty.

Several players drive the physiotherapy equipment market by implementing strategic investments, new launches, mergers & acquisitions, and partnerships. EMS Physio Ltd; Dynatronics Corporation; RICHMAR; BTL Performance Health; Zimmer MedizinSysteme GmbH; ITO Co., Ltd.; Whitehall Manufacturing; Storz Medical, and DJO Global are among the prominent players operating in the market.

The target audience for the report:

• Raw material providers
• Equipment manufacturers
• Research institutes, organizations, and consulting companies

Scope of the report:

In this report, the market has been segmented based on:

• Equipment:

• Cryotherapy
• Hydrotherapy
• Electrotherapy
• Heat Therapy
• Cryotherapy
• Ultrasound
• Others

• Demographics:

• Adult
• Geriatric Population

• Application:

• Neurological
• Musculoskeletal
• Cardiovascular and Pulmonary
• Others

•  End User:

• Hospitals & Clinics
• Rehabilitation Centers

• • Others

• Region
  • North America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa
  • South & Central America
• Companies Profiled
  • BTL Performance Health
  • EMS Physio Ltd.
  • Dynatronics Corporation
  • RICHMAR
  • Performance Health
  • Storz Medical AG
  • Zimmer MedizinSysteme GmbH
  • ITO Co., Ltd.
  • DJO Global
  • Whitehall Manufacturing