ID: MRFR/HC/6903-HCR | February 2021 | Region: Global | 100 pages
Global Physical Therapy Equipment Market is expected to hold a value of USD 19,100 Million by 2025 at a CAGR of 6.21%.
There has been a high level of technological improvement in physical therapy equipment in the past few years, which is fueling the global market growth. Also, as physical therapy equipment is designed specifically to assist people to either regain or improve their physical abilities; thus, number of companies are investing in this market.
The increasing initiatives by public and private companies boost market growth. The growing number of equipment launches also acquisitions and mergers of key players in the market are likely to act as a promising factor for the growth in the near future. For instance, in February 2019, Colfax acquired DJO Global, Inc. for USD 3.15 billion. This helps Colfax to widen its product portfolio in the orthopedic segment.
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).
Growing prevalence of orthopedic disorders.
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.