Physical Therapy Equipment Market Research Report - Forecast till 2027

Physical Therapy Equipment Market Research Report: By Product (Equipment, Accessories), Application (Musculoskeletal Applications, Neurological Applications, Pediatric Applications, Others) and End-User (Hospitals and Clinics, Physiotherapy Centers, Home Care Settings) - Forecast to 2027

ID: MRFR/HC/6903-HCR | February 2021 | Region: Global | 100 pages

Physical Therapy Equipment Market Overview


The Physical Therapy Equipment Market is projected to generate a higher market value of USD 19,100 Million by the end of the year 2025. Moreover, it has been predicted to generate the market value at a CAGR of 6.21% for the forecast period. The physical therapy equipment is specially designed to assist people in improving or regain their physical abilities. Over the past few years, the Physical Therapy Equipment Market is fueling its growth due to the introduction of a high level of technological improvement in the global product. Also, the increasing investment in physical therapy equipment by various companies is growing the global market demand.


The physiotherapy center is predicted to register the fastest-growing segment for the Physical Therapy Equipment Industry due to the increasing new physical therapy awareness among the world’s population. Moreover, home care settings are growing due to the availability of a wide range of physical therapy devices to use at home by various companies. Moreover, the increasing orthopedic diseases across the globe are increasing the use of physical therapy equipment. The global report explains that nearly 80% of Americans have the prediction to face back problems at any specific time period. Along with that, it has been predicted that the lower back pain problem will occur in 10% of the world’s population in the upcoming future.


The Physical Therapy Equipment Market Outlook report has highlighted that the accessories product segment is predicted to be the fastest-growing segment for the forecast period due to the growing demand for physical therapy equipment used for the treatment of musculoskeletal diseases. Further, the accessories segment is sub-classified into two types such as physiotherapy tapes and bandages and physiotherapy furniture. The Neurological Applications segment is predicted to register to be the fastest-growing segment due to the growing prevalence of neurological diseases like strokes, paralytic attacks, and others. Moreover, the Cardiovascular and Pulmonary Applications segment is expecting to register significant growth for the forecast period due to the growing prevalence of chronic obstructive pulmonary disease (COPD) and cardiovascular diseases. Along with that, the growing use of physical therapy for musculoskeletal (MSK) disorders among the group of children has increased the demand for pediatric Applications. Further, gynecological applications have expected to grow due to the role of physiotherapy in gynecology and obstetrics that includes the puerperium, postoperative and preoperative periods, pregnancy, and labor. There are other applications like rehabilitation centers, which are increasing the Physical Therapy Equipment Market Growth.


COVID-19 Impact Analysis


The global COVID-19 pandemic has affected almost all the markets across the world. The global Physical Therapy Equipment Industry was one among them. The impose of social distancing norms and lockdown rules in various regions has brought limitations and bans on various elective surgeries and medical procedures, which has affected the growth of the global market.


Hence, the Physical Therapy Equipment Market Outlook report mentioned that the major players had adopted the appropriate solutions to it.


Market Dynamics



  • Key Market Drivers


The increasing prevalence of orthopedic disorders, increasing incidence of sports injuries, increasing geriatric population, increasing incidences of road accidents, growing awareness about the physical therapy equipment, increasing support by private and public companies, and increasing research and developmental activities in the physiotherapy field are the major key market driver for the global Physical Therapy Equipment Industry. In April 2017, Dynatronics acquired a branded manufacturer Hausmann Industries to produce athletic training products and high-quality physical therapy.


Along with that, the Child Health and Development Studies (CHDS) has explained that health and disease in children require Physical Therapy Equipment that can better heal the pain.



  • Significant Opportunities for The Market


The increasing government schemes are bringing more opportunities for the global Physical Therapy Equipment Industry because it is promoting the use of rehabilitation equipment.


The continuous efforts of the manufacturers and key players are bringing more opportunities for the Physical Therapy Equipment Market.



  • Global Market Restraints


The global Physical Therapy Equipment Market has different market restraints that are hampering the growth of the global market and pausing the growing opportunities.


The Physical Therapy Equipment Industry Forecast report has explained that the lack of trained and skilled personnel and inadequate reimbursement policies for physiotherapy are the major market restraints that are hampering the growth of the global market.



  • Challenges for the Global Market


Acupuncture therapy is offering a wide variety of options with low cost as well as high patient compliance. This acupuncture is considered the best for the management of acute and chronic injuries, muscle and joint problems, back and neck pain, headaches and migraines, nerve pain, and sports injuries.


Hence, the increasing use of acupuncture therapy might bring challenges for the global Physical Therapy Equipment Market.



  • Cumulative Growth Analysis of the Global Market


The global Physical Therapy Equipment Market is growing with the rising initiatives by private and public companies. The increasing advanced equipment is constantly growing the demand of the global Physical Therapy Equipment Industry.


The mergers and acquisitions of key players in the global market are generating the Physical Therapy Equipment Market Value for the forecast period.


Market segmentation



  • By Product:


The global Physical Therapy Equipment Market has been segmented into accessories and equipment based on the product segment.


Among these, the equipment segment is predicted to dominate the largest Physical Therapy Equipment Industry Share for the forecast period due to offering a wide range of applications. This equipment type has different types such as exercise therapy equipment, continuous passive motion (CPM) therapy equipment, electrotherapy equipment, ultrasound equipment, shockwave therapy equipment, cryotherapy equipment, combination therapy equipment, laser therapy equipment, magnetic therapy equipment, traction therapy equipment, and others.



  • By Application


Based on the application segment, the global Physical Therapy Equipment Industry has been classified into Neurological Applications, Musculoskeletal Applications, Cardiovascular & Pulmonary Applications, Gynecological Applications, Pediatric Applications, and others.


Among these, the Musculoskeletal Applications is predicted to generate the largest Physical Therapy Equipment Market Share for the forecast period due to the growing geriatric population and growing incidence of musculoskeletal disorders.



  • By End-User


Based on the end-user segment, the global Physical Therapy Equipment Market has been segmented into Physiotherapy Centers, Hospitals and Clinics, Home Care Settings, and others.


Among these, the hospitals and clinics segments are predicted to generate the largest Physical Therapy Equipment Market Size for the research period due to advanced physical therapy setups and a large patient pool in hospitals that fulfill the patients' demands. Another reason for the growth of the hospitals and clinics segment is increasing awareness about new physical therapy among the people.


Regional Analysis


On the basis of geographical classification of the global Physical Therapy Equipment Market has been classified into the Asia Pacific, Europe, America, and The Middle East, and Africa.


Out of these, the North American region is expected to generate the largest Physical Therapy Equipment Market Size for the assessment period due to the presence of major players in this region. Respectively, Europe and the Asia Pacific region are following the Physical Therapy Equipment Industry Trends with generating a moderate amount of market value for the forecast period.


Competitive Landscape Analysis


The global Physical Therapy Equipment Market has some top key players who have given huge efforts to the global market to generate the largest revenue. These major market players are:



  • Enraf-NoniUS B.V (Europe)

  • Dynatronics Corporation (US)

  • DJO Global, Inc. (US)

  • BTL Industries (US)

  • Mectronic Medicale (Europe)

  • EMS Physio (UK)

  • ITO Co. Ltd (Japan)

  • Performance Health (Subsidiary of Madison Dearborn Partners) (US)

  • Colfax Corporation (US)

  • Whitehall Manufacturing (US)

  • Zimmer Medizinsysteme GmbH (Germany)

  • STORZ MEDICAL (US)


These key players are operating the global Physical Therapy Equipment Market with taking care of the growth and development of the product. They are applying various strategies and ideas to generate the high Physical Therapy Equipment Industry Value for the research period.


Recent Developments



  • In 2019, Colfax Corporation (US) had obtained DJO Global (US) with an aim to provide orthopedic products and physical therapy under the DJO brand with the acquisition of Colfax Corporation. It has spent USD 3.15 billion on this.

  • In July 2018, Doctor Tecar XP was launched by Medtronic Medicale (Italy), which is an electromagnetic tecar therapy stimulator.


Report Overview


The Physical Therapy Equipment Market Analysis report has included both quantitative and qualitative analysis. Moreover, the global report has involved secondary research in gathering information from different reports, governmental data, and others. Along with that, the global report has included primary research to gather the viewpoints of the leading key marketer, the global competitors, and others. This research is very helpful to understand the performance of the Therapy Equipment Market.


Along with that, the Physical Therapy Equipment Market Analysis report has covered the market overview, market dynamics, market segments, regional analysis, competitive analysis, and recent developments to get the overall growth aspects of the global market.


Segmental Table:


By product:



  • Accessories

  • Equipment


By Applications:



  • Neurological Applications,

  • Musculoskeletal Applications,

  • Cardiovascular & Pulmonary Applications,

  • Gynecological Applications,

  • Pediatric Applications,

  • Others


By End-users:



  • Physiotherapy Centers,

  • Hospitals and Clinics,

  • Home Care Settings,

  • Others



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Frequently Asked Questions (FAQ) :


The global physical therapy equipment market is projected to reach a valuation of USD 19,100 MN by 2025.

The global physical therapy equipment market is projected to grow at approximately 6.21% CAGR during forecast period (2019-2025).

North America holds the largest share in the global physical therapy equipment market, followed by Europe and the Asia Pacific, respectively.

BTL Industries (US), DJO Global, Inc. (US), Enraf-NoniUS B.V (Europe), EMS Physio (UK), Dynatronics Corporation (US), ITO Co. Ltd (Japan), Performance Health (US), Mectronic Medicale (Europe), Whitehall Manufacturing (US), Zimmer Medizinsysteme GmbH (Germany), Colfax Corporation (US), and STORZ MEDICAL (US), are some of the major players operating in the physical therapy equipment market.



This table of content is tentative and subject to change as the research progresses.

Please Note:  Financial details of company cannot be provided if the information of the company is not available in public domain and or reliable source.