Pune, Dec. 18, 2023 (Globe Newswire) — According to the latest report published by Growth Plus Reports. Physical therapy equipment market expected to clock USD 36.29 billion by 2031 and to grow CAGR 6.93% During the forecast period.
With major advances in rehabilitation and physical therapy, the physical therapy equipment market has emerged as a cornerstone in the pursuit of improved patient outcomes. This press release explores the transformative impact of physical therapy equipment and highlights its pivotal role in accelerating recovery, promoting mobility, and contributing to the evolution of modern medicine.
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Physiotherapy equipment market scope
report attributes |
detail |
Market size value in 2022 |
19.86 billion USD |
Market size value in 2031 |
36.29 billion USD |
CAGR |
6.93% |
Base year of estimation |
2022 |
Forecast period |
From 2023 to 2031 |
historic year |
2021 |
Target segment |
Neurology, Musculoskeletal System, Cardiovascular and Pulmonary System, and Regional |
regional range |
North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Market overview:
The physical therapy equipment market includes a variety of technologies and tools designed to help physical therapists deliver effective rehabilitation interventions. From cutting-edge electrotherapy devices to innovative exercise equipment, these advances are redefining the physical therapy landscape and addressing a wide range of medical conditions and patient needs.
Main drivers of growth:
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Increased incidence of musculoskeletal diseases:
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Increasing prevalence of musculoskeletal diseases such as osteoarthritis and sports injuries is the main driver for the growth of the physical therapy equipment market. Physical therapy plays an important role in managing pain, restoring function, and preventing further complications.
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Innovations in rehabilitation science:
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Continuing advances in rehabilitation science are contributing to the development of cutting-edge physical therapy equipment. New technologies such as robotics and virtual reality are integrated to provide a more engaging and targeted rehabilitation experience.
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Managing population aging and chronic diseases:
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As the global population ages, there is an increasing need for physical therapy interventions to address age-related symptoms and chronic diseases. Physical therapy equipment helps healthcare professionals provide personalized and effective care to elderly and chronically ill patients.
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Trends in home rehabilitation:
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A holistic approach to patient care:
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Physical therapy is increasingly recognized as an essential component of comprehensive patient care. The physical therapy equipment market follows this trend by offering diverse tools that address different aspects of rehabilitation, from pain management to improving mobility.
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Various physical therapy equipment:
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Electrotherapy device:
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These devices use electrical stimulation to stimulate muscle contraction, manage pain, and improve circulation. Treatments include TENS (transcutaneous electrical nerve stimulation) and ultrasound therapy.
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Exercise and mobility aids:
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A variety of assistive devices, from resistance bands and balance boards to parallel bars and gait trainers, support targeted exercise and mobility training to help patients regain strength and function.
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Robot rehabilitation system:
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Advanced robotic systems are employed in rehabilitation settings to provide repetitive and precise movements to enhance motor learning and coordination in patients recovering from neurological conditions or injuries.
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Virtual reality (VR) rehabilitation platform:
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VR platforms provide immersive experiences that involve patients in therapeutic activities. These platforms are particularly beneficial for neurorehabilitation, providing a motivating environment for patients to regain cognitive and motor skills.
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Challenges and opportunities:
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Cost constraints and accessibility:
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Integrating telemedicine into physical therapy:
Global market situation:
Key players in the physical therapy equipment market include DJO Global, BTL, Enraf-Nonius, Patterson Medical, and others. These companies are contributing to market growth through research and development initiatives, strategic alliances, and introduction of innovative physical therapy equipment.
Future prospects:
As the physical therapy equipment market continues to evolve, future developments are anticipated in areas such as artificial intelligence-driven rehabilitation programs, wearable technology for continuous monitoring, and personalized treatment algorithms. This market is poised to play a central role in shaping the future of rehabilitation and physical therapy worldwide.
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table of contents
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introduction
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market ecosystem
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Timeline under consideration
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Historic year – 2021
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Base year – 2022
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Forecast years – 2023 to 2031
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Currency used in the report
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research method
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research approach
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Data collection method
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data source
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secondary sources
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primary source
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Market estimation approach
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bottom up
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top down
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market prediction model
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Limitations and assumptions
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premium insights
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Current market trends (from the perspective of the new coronavirus infection)
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Major companies and competitive position (2022)
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Regulatory status
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market dynamics
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driver
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Constraints/Challenges
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opportunity
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Global Physical Therapy Equipment Market – Analysis and Forecast by Application
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neurology
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parkinson’s disease
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multiple sclerosis
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stroke
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spinal cord injury
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others
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musculoskeletal system
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cardiovascular and pulmonary
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others
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Global Physical Therapy Equipment Market – Analysis and Forecast by Equipment Type
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ultrasound treatment
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electrical stimulation
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thermotherapy equipment
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water therapy equipment
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cryotherapy device
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Continuous passive motion (CPM) equipment
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exercise therapy equipment
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others
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Global Physical Therapy Equipment Market – Analysis and Forecast by End User
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hospital
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physical therapy clinic
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rehabilitation center
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others
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See the complete table of contents here.
Value proposition associated with the report:
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Take advantage of free analyst time and expert interviews for each report
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Comprehensive quantitative and qualitative insights at segment and sub-segment level
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Trends and prospects for the impact of the new coronavirus infection
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Detailed insights at global/regional/country level
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Deep insight into market dynamics (drivers, constraints, opportunities) and business environment
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Comprehensive coverage of the competitive environment
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Essential conditions for victory
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Thorough coverage of “strategic developments” registered by major market players
Customization options:
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Landscape evaluation of sales agent
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price intelligence
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Customer base evaluation
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Analysis of investments and initiatives
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“Business Profile” of major companies
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Conclusion:
The physical therapy equipment market is moving beyond traditional rehabilitation and incorporating technological advancements to redefine recovery possibilities for patients. These advances provide physical therapists with a diverse toolkit, enabling health professionals to provide personalized and effective care, contributing to a new era in rehabilitation and physical therapy. .
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About us:
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