Physiotherapy Market Size to Grow by USD 6.00 Billion | Segmented by Therapy and Geography – Global Forecast to 2026 – Yahoo Finance

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NEW YORK, June 29, 2022 /PRNewswire/ — The Physiotherapy Market report analyzes the market’s competitive landscape and offers information on several market vendors, including- A. Algeo Ltd., Accord Medical Products Pvt. Ltd., AmeriCare Physical Therapy, BTL Group, CB Physiotherapy, Colfax Corp., Dynatronics Corp., Elam Sports Inc., EMS Physio Ltd., Enraf Nonius BV, FullMotion Physical Therapy, Gryt Inc., GymnaUniphy NV, HMS Group, Mettler Electronics Corp., Minsu Healing Oasis LLC, Patterson Companies Inc., PT Health, Rehab Alternatives PLLC, and Zynex Inc.
Algeos.com – The company offers physiotherapy products such as foot orthotics and mobile podiatry.
Accordmedicalproducts.com – The company offers physiotherapy products such as hydro therapy equipments, heat and cold therapy, and electrotherapy equipments.
Americarept.com – The company offers physiotherapy services such as occupational therapy, home care, and telehealth.
Moreover, the physiotherapy market is fragmented and the vendors are deploying growth strategies such as focusing on M&A activities to compete in the market.
Learn more about the additional insights impacting the future of the market and the positive and negative consequences on the businesses. Download Sample Report
The Physiotherapy Market value is set to grow by USD 6.00 billion, progressing at a CAGR of 5.44% from 2021 to 2026, as per the latest report by Technavio.
Physiotherapy Market Scope
Report Coverage
Details
Page number
120
Base year
2021
Forecast period
2022-2026
Growth momentum & CAGR
Accelerate at a CAGR of 5.44%
Market growth 2022-2026
$ 6.00 billion
Market structure
Fragmented
YoY growth (%)
4.29
Regional analysis
North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution
North America at 37%
Key consumer countries
US, Canada, Denmark, China, and India
Competitive landscape
Leading companies, competitive strategies, consumer engagement scope
Companies profiled
A. Algeo Ltd., Accord Medical Products Pvt. Ltd., AmeriCare Physical Therapy, BTL Group, CB Physiotherapy, Colfax Corp., Dynatronics Corp., Elam Sports Inc., EMS Physio Ltd., Enraf Nonius BV, FullMotion Physical Therapy, Gryt Inc., GymnaUniphy NV, HMS Group, Mettler Electronics Corp., Minsu Healing Oasis LLC, Patterson Companies Inc., PT Health, Rehab Alternatives PLLC, and Zynex Inc.
Market Dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,
Customization preview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Physiotherapy Market: Growing Number of Healthcare Providers to Drive the Market Growth
The rising cases of chronic diseases, medical emergencies, epidemics, and short-term and long-term disabilities that are increasing with the growth of the population are creating an increase in the number of healthcare providers. The physiotherapy products and therapies are used in hospitals and healthcare services for the treatment of various medical conditions during the recovery phase. To meet the increased demand, healthcare providers are expanding their capabilities in terms of services, equipment, and products leading to higher opportunities for the manufacturers and suppliers of these products. The suppliers and manufacturers are investing funds to enter new markets or to expand the existing ones to cater to these end-users. Thus, the increased revenue will drive the physiotherapy market during the forecast period.
Physiotherapy Market: Less Insurance Coverage and Medical Reimbursement to Challenge the Market Growth
Less structured government policies in developing countries prevent patients and healthcare users from availing of medical reimbursements and modern healthcare facilities. The low patient count reduces the use of physiotherapy services owing to the reduced consumption of physiotherapy equipment.  The private healthcare providers, having collaborations with insurance providers, find an opportunity in this market in terms of the reimbursement policies, which include payment for part of the medical bill or total medical expenses by the insurance providers. The marginal presence of companies, corporates, and private organizations that provide medical reimbursements reduces the patient pool. This factor will impede the physiotherapy market growth during the forecast period.
More insights on the latest drivers, trends, and challenges with recommendations of relevant topics from Technavio’s library of +17,000 Reports. Buy Now
Physiotherapy Market 2022-2026: Segmentation
Geography
37% of the market’s growth will originate from North America during the forecast period. The US and Canada are the key markets for the physiotherapy market in North America. Market growth in this region will be faster than the growth of the market in Rest of World (ROW). The presence of well-developed healthcare facilities and the higher disposable income of people will facilitate the physiotherapy market growth in North America over the forecast period.
Therapy
The physiotherapy market share growth by the therapies segment will be significant during the forecast period. Physiotherapy practitioners use various therapies such as hydrotherapy, cryotherapy, and heat therapy. These practitioners not only operate through hospitals but also through various independent clinics to address patient problems and provide the required services. The number of healthcare service providers is increasing in developed countries, such as the US and Canada, due to the higher demand for advanced healthcare facilities. Such an increasing demand for advanced healthcare facilities will drive the therapy segment growth during the forecast period.
Gain further insights on the market contribution & share of various segments & regions – View Sample Report
Physiotherapy Market 2022-2026: Scope
Our market report covers the following areas:
Physiotherapy Market size
Physiotherapy Market trends
Physiotherapy Market analysis
Physiotherapy Market 2022-2026: Key Highlights
CAGR of the market during the forecast period 2022-2026
Detailed information on factors that will assist physiotherapy market growth during the next five years
Estimation of the physiotherapy market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the physiotherapy market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of physiotherapy market vendors
Related Reports:
Physiotherapy Equipment Market by Application and Geography – Forecast and Analysis 2021-2025: The physiotherapy equipment market share should rise by USD 7.32 million from 2021 to 2025 at a CAGR of 7.40%. Furthermore, this report extensively covers market segmentation by application (musculoskeletal, cardiovascular and pulmonary, neurological, pediatric, and others) and geography (North America, Europe, Asia, and ROW). Find More Exclusive Research Insights Here
Lateral Epicondylitis Treatment Market by Type and Geography – Forecast and Analysis 2021-2025: The lateral epicondylitis treatment market share is expected to increase by USD 1.91 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 4%. The rising awareness about lateral epicondylitis is notably driving the lateral epicondylitis treatment market growth, although factors such as lack of approved treatment may impede the market growth. Find More Exclusive Research Insights Here
Table of Contents:
1 Executive Summary
1.1 Market overview
2 Market Landscape
2.1 Market ecosystem
3 Market Sizing
3.1 Market definition
3.2 Market segment analysis
3.3 Market size 2021
3.4 Market outlook: Forecast for 2021-2026
4 Five Forces Analysis
4.1 Five forces summary
4.2 Bargaining power of buyers
4.3 Bargaining power of suppliers
4.4 Threat of new entrants
4.5 Threat of substitutes
4.6 Threat of rivalry
4.7 Market condition
5 Market Segmentation by Therapy
5.1 Market segments
5.2 Comparison by Therapy
5.3 Therapies – Market size and forecast 2021-2026
5.4 Equipment – Market size and forecast 2021-2026
5.5 Others – Market size and forecast 2021-2026
5.6 Market opportunity by Therapy
6 Customer Landscape
6.1 Customer landscape overview
7 Geographic Landscape
7.1 Geographic segmentation
7.2 Geographic comparison
7.3 North America – Market size and forecast 2021-2026
7.4 Europe – Market size and forecast 2021-2026
7.5 Asia – Market size and forecast 2021-2026
7.6 Rest of World (ROW) – Market size and forecast 2021-2026
7.7 US – Market size and forecast 2021-2026
7.8 Denmark – Market size and forecast 2021-2026
7.9 China – Market size and forecast 2021-2026
7.10 Canada – Market size and forecast 2021-2026
7.11 India – Market size and forecast 2021-2026
7.12 Market opportunity by geography
8 Drivers, Challenges, and Trends
8.1 Market drivers
8.2 Market challenges
8.3 Impact of drivers and challenges
8.4 Market trends
9 Vendor Landscape
9.1 Overview
9.2 Vendor landscape
9.3 Landscape disruption
9.4 Industry risks
10 Vendor Analysis
10.1 Vendors covered
10.2 Market positioning of vendors
10.3 A. Algeo Ltd.
10.4 Accord Medical Products Pvt. Ltd.
10.5 AmeriCare Physical Therapy
10.6 BTL Group
10.7 Colfax Corp.
10.8 Dynatronics Corp.
10.9 Elam Sports Inc.
10.10 EMS Physio Ltd.
10.11 Enraf Nonius BV
10.12 FullMotion Physical Therapy
11 Appendix
11.1 Scope of the report
11.2 Inclusions and exclusions checklist
11.3 Currency conversion rates for US$
11.4 Research methodology
11.5 List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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SOURCE Technavio
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