HOME › Research Insight › Electric Stimulation, Musculoskeletal, and Sports Medicine are New Revenue Pockets for the Physiotherapy Equipment Market
Electric Stimulation, Musculoskeletal, and Sports Medicine are New Revenue Pockets for the Physiotherapy Equipment Market
The report segments the global physiotherapy equipment market on the basis of products, applications, end users, and geographies. Based on the type of products, the physiotherapy equipment market is segmented into equipment and accessories. The equipment segment is further divided 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 classified into orthoses and other assistive devices (walkers, wheelchairs, and crutches).
On the basis of applications, the physiotherapy equipment market is subsegmented into cardiovascular and pulmonary, musculoskeletal, neurology, pediatric, and others. Musculoskeletal is the fastest-growing application segment, followed by neurology.
On the basis end users, the physiotherapy equipment market is classified into hospitals, clinics, and other end users. Hospitals are the major end users of the physiotherapy equipment market.
North America and Europe are established markets for physiotherapy equipment, however developing regions such as Middle East, Asia (China and India), and Pacific countries, are expected to witness a higher growth rate. Rising spending power of the population in the developing regions is a major driver of the physiotherapy equipment market. To take advantage of the favorable conditions in developing economies and to gain competitive edge in the global market, a number of Tier-II companies are investing in these countries.
The electric stimulation, musculoskeletal, neurology, and sports medicine markets are estimated to witness tremendous growth in the next five years. In addition, the accessories segment is expected to witness a high growth rate, owing to strong government support and favorable incentive programs. Factors such as growing incidences of chronic diseases such as Alzimer’s, dementia, stoke, and cerebral palsy; increasing cases of injuries and accidents; inclination towards active lifestyles; and huge addressable patient population base drive the growth of these segments.
Physiotherapy Equipment Market by Equipment (Cryotherapy, Heat, therapy, Hydrotherapy), Accessories (Posture Mirror, Exercise Ball), Applications (Pediatric, Musculoskeletal) & by End Users (Hospitals), Advanced technologies - Global Forecast to 2019
North - Dominion Plaza,
Suite 800, Dallas, TX 75252