According to a new report, published by KBV research, The Global Physiotherapy Equipment Market size is expected to reach $25.3 billion by 2028, rising at a market growth of 6.1% CAGR during the forecast period.
The Physiotherapy & Rehabilitation Centers segment acquired maximum revenue share in the Global Physiotherapy Equipment Market by End User in 2021 thereby, achieving a market value of $9.1 billion by 2028. This is because modern physiotherapy equipment is in higher demand and is used extensively throughout the entire care continuum in these facilities. Since these centers are specially designed and established for physiotherapies, the growth of the segment would escalate in the coming years.
The Cardiovascular & Pulmonary segment has shown the growth rate of 6.4% during (2022 - 2028). The prevalence of cardiovascular and pulmonary disorders has significantly increased, placing a significant financial burden on most nations in the world. The top cause of death in the globe is CVDs. Furthermore, the American Heart Association estimates that 90 million American adults received a CVD diagnosis in 2017. The main contributors of CVD include a sedentary lifestyle and physical inactivity.
The Equipment segment is generating highest revenue share the Global Physiotherapy Equipment Market by Product in 2021 thereby, achieving a market value of $17.7 billion by 2028. It is due to growing concern for patient safety and minimal/no side effects during physiotherapy treatments, as well as the rising usage of electrotherapy equipment in the treating of musculoskeletal problems. In addition, the growing cases of various health problems is one of the major factors augmenting the growth of the segment over the forecast period.
The Europe market dominated the Global Physiotherapy Equipment Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $8.6 billion by 2028.The North America market is exhibiting a CAGR of 5.7% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 6.6% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/physiotherapy-equipment-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of DynaTronics Corporation Ltd., Performance Health, LLC, Richmar (Compass Health Brands Corporation), TecnoBody s.r.l., Zynex, Inc., Mettler Electronics Corp., Proxomed Medizintechnik GmbH, GymnaUniphy N.V., and EMS Physio Ltd.
By End User
By Application
By Product
By Geography
Companies Profiled
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