Global Physiotherapy Equipment Market Introduction and Overview
According to SPER Market Research, the Global Physiotherapy Equipment Market is estimated to reach USD 38.91 billion by 2033 with a CAGR of 7.13%.
The report includes an in-depth analysis of the Global Physiotherapy Equipment Market, including market size and trends, product mix, Applications, and supplier analysis. The tools, machines, and other devices that physiotherapists use to help with the evaluation, treatment, and rehabilitation of patients with a variety of physical conditions or injuries are referred to as physiotherapy equipment. These tools and devices are made to help with mobility, healing, pain relief, and improving overall physical function.
- Siemens Healthineers introduced the ACUSON Maple Ultrasound System in November 2023, which has 25 new features and 15 transducers to improve user experience and streamline procedures. The system's AI-powered tools, along with an inbuilt battery that offers up to 75 minutes of unconnected scanning, enable clinicians to boost efficiency by enhancing consistency in repetitive tasks.
- In March 2023, the physiotherapy unit at District Hospital in Chhattisgarh, India, received sophisticated equipment such as a TENS machine, IFT muscle stimulator, traction machine, SWD, static bicycle, and cordysafe chair to treat severe cases of chronic back pain and stiffness.
Market Opportunities and Challenges
Opportunities: Growing Technical Advancement- Businesses in the global market are increasingly concentrating on technical innovations and creating new products to offer better and more user-friendly gadgets. Exoskeletons, virtual reality, robotics, implanted devices, and interactive video games are expected to offer a number of opportunities to industry players. The development of cybertheory is another technological innovation propelling industry expansion. Cybertheoretically, patients use a wireless connection to speak with their physicians. Additionally, e-therapy is becoming more and more popular due to its many benefits for both medical professionals and patients in need of physiological therapies. The demand for physiotherapy products would be fueled by such technological breakthroughs over the forecast period.
Challenges: There is a shortage of skilled professionals to operate the specialized equipment. The shortage of experienced personnel capable of operating specialist physiotherapy equipment is a significant impediment to the growth of the physiotherapy equipment market. Modern physiotherapy technology, such as robotic-assisted devices, powerful therapeutic ultrasound machines, and high-tech electrotherapy devices, necessitates particular knowledge and skills to function well. Clinics and healthcare facilities may be hesitant to invest in these devices due to their complexity, particularly if they lack trained personnel to utilize them effectively. This reduces the market penetration of modern therapeutic equipment.
Market Competitive Landscape
There are a few major competitors in the fairly competitive physiotherapy equipment industry. The creation of equipment with improved capabilities and collaboration with regional distributors for geographic expansion are two tactics used by market participants. Rapid consolidation is also still on the rise, with a number of big companies engaging in merger and acquisition activities. Key market players are BTL, EMS Physio Ltd, Dynatronics Corporation, RICHMAR, Performance Health, Storx Medical AG, Zimmer MedizinSysteme GmbH, ITO Co., Ltd, Enraf-Nonius B.V, Whitehall Manufacturing.
Scope of the Report:
Report Metric | Details |
Market size available for years | 2020-2033 |
Base year considered | 2023 |
Forecast period | 2024-2033 |
Segments covered | By Product, By Equipment Type, By Application, By End User |
Regions covered | North America, Asia-Pacific, Latin America, Middle East & Africa and Europe |
Companies Covered | BTL, EMS Physio Ltd, Dynatronics Corporation, RICHMAR, Performance Health, Storx Medical AG, Zimmer MedizinSysteme GmbH, ITO Co., Ltd, Enraf-Nonius B.V, Whitehall Manufacturing. |
COVID-19 Impact on Global Physiotherapy Equipment Market
The revenue of the physiotherapy equipment market in 2020 was negatively impacted by the recent COVID-19 outbreak. Global supply networks were disrupted by the pandemic, which resulted in production delays and therapeutic equipment shortages. This has made it difficult to meet the rising demand for equipment, which has temporarily halted the growth of the business. During the pandemic, a large number of elective operations and non-urgent procedures were cancelled or postponed. The demand for physiotherapy equipment used in post-operative rehabilitation temporarily decreased as a result. However, the demand increased at a faster rate each year as healthcare systems recovered and elective procedures resumed.
By End-User Insights
Patients choose to seek physiotherapy treatment at hospitals because they have access to the necessary surgical or non-surgical techniques. Physiotherapists in primary healthcare settings are very skilled at giving the optimal course of therapy due to their extensive expertise and training. Furthermore, rising government spending on healthcare is causing an increase in hospital admissions for physiotherapy treatment around the world. Healthcare infrastructure is becoming increasingly important in the developing world, owing to a growing population base with orthopedic and muscle defects.
Key Target Audience
- Hospitals and Clinics
- Rehabilitation Centers
- Sports and Fitness Centers
- Home Care Settings
- Elderly Population
- Athletes and Sports Professionals
- Physiotherapists and Healthcare Practitioners
- Patients with Chronic Pain and Disabilities
- Orthopedic and Neurological Patients
- Post-Surgical Recovery Patients
- Pediatric and Geriatric Care Providers
Our in-depth analysis of the Global Physiotherapy Equipment Market includes the following segments:
By Product: | Laser Therapy EquipmentContinuous Passive Motion DevicesTranscutaneous Electrical Neural Stimulator (TENS)Interferential Stimulator (IFT)Electrical Muscle Stimulator (EMS)High Voltage Pulsed Galvanic Stimulator (HVPGS) |
By Equipment Type: | CryotherapyHydrotherapyElectrotherapyContinuous Passive Motion UnitsMulti-exercise Therapy UnitHeat TherapyUltrasound PhysiotherapyOthers |
By Application: | NeurologicalMusculoskeletalCardiovascular and PulmonaryOthers |
By End User: | HospitalsRehabilitation Centers/ClinicsHomecare Settings |
Key Topics Covered in the Report
- Global Physiotherapy Equipment Market Size (FY’2024-FY’2033)
- Overview of Global Physiotherapy Equipment Market
- Segmentation of Global Physiotherapy Equipment Market By Product (Laser Therapy Equipment, Continuous Passive Motion Devices, Transcutaneous Electrical Neural Stimulator, Interferential Stimulator, Electrical Muscle Stimulator, High Voltage Pulsed Galvanic Stimulator, Ultrasound Therapy Equipment, Traction Equipment, Diathermy Equipment, Exercise Equipment)
- Segmentation of Global Physiotherapy Equipment Market By Equipment Type (Cryotherapy, Hydrotherapy, Electrotherapy, Continuous Passive Motion Units, Multi-exercise Therapy Unit, Heat Therapy, Ultrasound Physiotherapy, Other)
- Segmentation of Global Physiotherapy Equipment Market By Application (Neurological, Musculoskeletal, Cardiovascular and Pulmonary, Others)
- Segmentation of Global Physiotherapy Equipment Market By End User (Hospitals, Rehabilitation Centers/Clinics, Homecare Settings)
- Statistical Snap of Global Physiotherapy Equipment Market
- Expansion Analysis of Global Physiotherapy Equipment Market
- Problems and Obstacles in Global Physiotherapy Equipment Market
- Competitive Landscape in the Global Physiotherapy Equipment Market
- Impact of COVID-19 and Demonetization on Global Physiotherapy Equipment Market
- Details on Current Investment in Global Physiotherapy Equipment Market
- Competitive Analysis of Global Physiotherapy Equipment Market
- Prominent Players in the Global Physiotherapy Equipment Market
- SWOT Analysis of Global Physiotherapy Equipment Market
- Global Physiotherapy Equipment Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report
1.2. Market segment analysis
2. Research Methodology
2.1. Research data source
2.1.1. Secondary Data
2.1.2. Primary Data
2.1.3. SPER’s internal database
2.1.4. Premium insight from KOL’s
2.2. Market size estimation
2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.1.4. Challenges
4.2. COVID-19 Impacts of the Global Physiotherapy Equipment Market.
5. Market variable and outlook
5.1. SWOT Analysis
5.1.1. Strengths
5.1.2. Weaknesses
5.1.3. Opportunities
5.1.4. Threats
5.2. PESTEL Analysis
5.2.1. Political Landscape
5.2.2. Economic Landscape
5.2.3. Social Landscape
5.2.4. Technological Landscape
5.2.5. Environmental Landscape
5.2.6. Legal Landscape
5.3. PORTER’s Five Forces
5.3.1. Bargaining power of suppliers
5.3.2. Bargaining power of buyers
5.3.3. Threat of Substitute
5.3.4. Threat of new entrant
5.3.5. Competitive rivalry
5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Global Physiotherapy Equipment Market Manufacturing Base Distribution, Sales Area, Product Type
6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Physiotherapy Equipment Market
7. Global Physiotherapy Equipment Market, By Product (USD Million) 2020-2033
7.1. Global Physiotherapy Equipment Market Size, Share and Forecast, By Product, 2020-2026
7.2. Global Physiotherapy Equipment Market Size, Share and Forecast, By Product, 2027-2033
7.3. Laser Therapy Equipment
7.4. Continuous Passive Motion Devices
7.5. Transcutaneous Electrical Neural Stimulator (TENS)
7.6. Interferential Stimulator (IFT)
7.7. Electrical Muscle Stimulator (EMS)
7.8. High Voltage Pulsed Galvanic Stimulator (HVPGS)
7.9. Ultrasound Therapy Equipment
7.10. Traction Equipment
7.11. Diathermy Equipment
7.12. Exercise Equipment
8. Global Physiotherapy Equipment Market, By Equipment Type (USD Million) 2020-2033
8.1. Global Physiotherapy Equipment Market Size, Share and Forecast, By Equipment Type, 2020-2026
8.2. Global Physiotherapy Equipment Market Size, Share and Forecast, By Equipment Type, 2027-2033
8.3. Cryotherapy
8.4. Hydrotherapy
8.5. Electrotherapy
8.6. Continuous Passive Motion Units
8.7. Multi-exercise Therapy Unit
8.8. Heat Therapy
8.9. Ultrasound Physiotherapy
8.10. Others
9. Global Physiotherapy Equipment Market, By Application USD Million) 2020-2033
9.1. Global Physiotherapy Equipment Market Size, Share and Forecast, By Application, 2020-2026
9.2. Global Physiotherapy Equipment Market Size, Share and Forecast, By Application, 2027-2033
9.3. Neurological
9.4. Musculoskeletal
9.5. Cardiovascular and Pulmonary
9.6. Others
10. Global Physiotherapy Equipment Market, By End User (USD Million) 2020-2033
10.1. Global Physiotherapy Equipment Market Size, Share and Forecast, By End User, 2020-2026
10.2. Global Physiotherapy Equipment Market Size, Share and Forecast, By End User, 2027-2033
10.3. Hospitals
10.4. Rehabilitation Centers/Clinics
10.5. Homecare Settings
11. Global Physiotherapy Equipment Market Forecast, 2020-2033 (USD Million)
11.1. Global Physiotherapy Equipment Market Size and Market Share
12. Global Physiotherapy Equipment Market, By Region, 2020-2033 (USD Million)
12.1. Global Physiotherapy Equipment Market Size and Market Share By Region (2020-2026)
12.2. Global Physiotherapy Equipment Market Size and Market Share By Region (2027-2033)
12.3. Asia-Pacific
12.3.1. Australia
12.3.2. China
12.3.3. India
12.3.4. Japan
12.3.5. South Korea
12.3.6. Rest of Asia-Pacific
12.4. Europe
12.4.1. France
12.4.2. Germany
12.4.3. Italy
12.4.4. Spain
12.4.5. United Kingdom
12.4.6. Rest of Europe
12.5. Middle East and Africa
12.5.1. Kingdom of Saudi Arabia
12.5.2. United Arab Emirates
12.5.3. Qatar
12.5.4. South Africa
12.5.5. Egypt
12.5.6. Morocco
12.5.7. Nigeria
12.5.8. Rest of Middle-East and Africa
12.6. North America
12.6.1. Canada
12.6.2. Mexico
12.6.3. United States
12.7. Latin America
12.7.1. Argentina
12.7.2. Brazil
12.7.3. Rest of Latin America
13. Company Profile
13.1. BTL
13.1.1. Company details
13.1.2. Financial outlook
13.1.3. Product summary
13.1.4. Recent developments
13.2. EMS Physio Ltd
13.2.1. Company details
13.2.2. Financial outlook
13.2.3. Product summary
13.2.4. Recent developments
13.3. Dynatronics Corporation
13.3.1. Company details
13.3.2. Financial outlook
13.3.3. Product summary
13.3.4. Recent developments
13.4. RICHMAR
13.4.1. Company details
13.4.2. Financial outlook
13.4.3. Product summary
13.4.4. Recent developments
13.5. Performance Health
13.5.1. Company details
13.5.2. Financial outlook
13.5.3. Product summary
13.5.4. Recent developments
13.6. Storx Medical AG
13.6.1. Company details
13.6.2. Financial outlook
13.6.3. Product summary
13.6.4. Recent developments
13.7. Zimmer MedizinSysteme GmbH
13.7.1. Company details
13.7.2. Financial outlook
13.7.3. Product summary
13.7.4. Recent developments
13.8. ITO Co., Ltd
13.8.1. Company details
13.8.2. Financial outlook
13.8.3. Product summary
13.8.4. Recent developments
13.9. Enraf-Nonius B.V
13.9.1. Company details
13.9.2. Financial outlook
13.9.3. Product summary
13.9.4. Recent developments
13.10. Whitehall Manufacturing
13.10.1. Company details
13.10.2. Financial outlook
13.10.3. Product summary
13.10.4. Recent developments
13.11. Others
14. Conclusion
15. List of Abbreviations
16. Reference Links