Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 17.1 Billion | USD 26.82 Billion | 5.9% | 2021 |
FrequentlyAsked Questions
The rising prevalence of neurological and cardiovascular diseases, as well as the rising geriatric population, have fueled the global demand for physiotherapy devices. The need for rehabilitation services is increasing as the prevalence of orthopedic diseases rises. Improper eating habits and a hectic lifestyle, which cause pain in the neck, back, muscles, nerves, and ligaments are predicted to drive the market. Physicians have been prescribing physiotherapy to patients as a result of the added benefits, leading to a rise in the need for physiotherapy devices, thereby boosting the market growth.
According to the Zion Market Research report, the global physiotherapy devices market was worth about 17.1 (USD billion) in 2021 and is predicted to grow to around 26.82 (USD billion) by 2028, with a compound annual growth rate (CAGR) of around 5.9 percent.
Regionally, North America is anticipated to rule the global physiotherapy devices market during the forecast period. The United States is estimated to hold the largest market share in North America and this trend is projected to continue over the forecast period. The region's demographics suggest that the number of people looking for or receiving rehabilitation treatments will continue to rise. The market for physiotherapy devices in the country has been pushed by an increasing number of people who participate in sports and fitness regimens, as well as an increasing number of patients with orthopedic, neurological, cardiovascular, and MSD disorders.
Zimmer MedizinSysteme GmbH, Whitehall Manufacturing, EMS Physio Ltd., Mectronic Medicale, Dynatronics Corporation, Enraf-Nonius B.V., ITO Co., Ltd., Performance Health, BTL Industries Inc., and DJO Global are some of the key players that are functioning in the global physiotherapy devices market.
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