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.
Rising prevalence of the neurological disorder
The prevalence rates of neurological disorders from different regions of the country ranged from 967-4,070, with a mean of 2394 per 100,000 population, roughly over 30 million people with neurological conditions (excluding neuroinfectious and traumatic injuries). In population-based surveys, prevalence and incidence rates of common ailments such as epilepsy, stroke, Parkinson's disease, and tremors vary considerably by region.
Electrical stimulation therapy is mainly used to rehabilitate neurological disorders such as stroke, cerebral palsy, multiple sclerosis, and Parkinson's. The rising pain and neurological disorders are expected to fuel the segment's growth.
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:
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:
Scope of the report:
In this report, the market has been segmented based on:
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