Physiotherapy Equipment – Industry Outlook and Trend Analysis:
The Physiotherapy Equipment Market was worth USD 14.68 billion in the year of 2014 and is expected to reach approximately USD 26 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 6.56% during the forecast period.
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Major driving components of this market incorporate developing aged populace base, presence of favorable government regulations such as the Obamacare or the Patient Protection and Affordable Care Act (PPACA) and unhealthy lifestyle habits. World Health Organization’s National Institute on Aging states that predominance of dementia and neurodegenerative issue are anticipated to rise strongly (25– 30%) with developing age. Dementia is eventually accompanied with loss of motor functions, speech, and reasoning. Perpetual ailments and lifestyle-related propensities add to roughly 75 percent of the wellbeing costs. The PPACA came into law and was authorized by President Obama in March 2010. The direction has influenced Americans and is foreseen to affect physical advisors later on. The ascent in the quantity of patients experiencing musculoskeletal, cardiovascular, and neurological ailments are anticipated to additionally impel the interest for these hardware in future, in the created economies as well as in developing economies, for example, China and India. This market is anticipated to develop quickly in the following couple of years because of proceeded with westernization and urbanization in the rising economies of India, Brazil and China.
Physiotherapy Equipment – Competitive Insights:
The major players in the market are Isokinetics Inc, DJO Global, BTL Industries, EMS Physio, Patterson Medical and Enraf-Nonius.
The Global Physiotherapy Equipment Market is segmented as follows-
Physiotherapy Equipment – By Application:
Pediatric
Musculoskeletal
Neurology
Multiple sclerosis
Spinal cord injuries
Cerebral palsy
Stroke
Parkinson’s disease
Others
Cardiovascular & Pulmonary
Others
Physiotherapy Equipment – By Type:
Electric Stimulation
Cryotherapy
Therapeutic Exercise
Ultrasound
Heat Therapy
CPM
Hydrotherapy
Others
Physiotherapy Equipment – By Equipment Demographic:
Non-geriatric population
Out-patient treatment –
Home based treatment
Convalescent homes based treatment
Others
In-patient (hospital) treatment
Geriatric population
Out-patient treatment –
Home based treatment
Convalescent homes based treatment
others
In-patient (hospital) treatment
Physiotherapy Equipment – By End User:
Clinics
Hospitals
Others
Physiotherapy Equipment – By Region:
North America – U.S, Canada, Mexico
Europe – Germany, France, UK, Italy, Spain, Rest of Europe
Asia-Pacific – Japan, China, Australia, India, South Korea, Rest of Asia Pacific
Rest of the World – Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others
Physiotherapy Equipment – Regional Outlook and Trend Analysis:
North America commanded the general market on the basis of income share in 2014 inferable from the increasing geriatric population, rising populace of women experiencing osteoporosis and presence of high incidence rates of road and workplace accidents. In 2014 the North American physiotherapy equipment market was esteemed at USD 5.74 billion. Asia Pacific area is anticipated to develop at a quick rate because of the existence of undiscovered opportunities, economic development, constantly enhancing healthcare infrastructure, and rising patient consciousness levels are a few variables representing this fast development. Besides, a neglected requirement for around 95 million individuals in Japan and China experiencing certain incapacities is additionally anticipated that would develop the market. Regionally, Asia Pacific has profoundly affected this industry regarding developing populace and absence of awareness in the huge populace. The existence of positive government activities relating to cooperative projects with the relevant social orders of western nations is one of the basic achievement factors anticipated that would help market development over the figure time frame.
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Physiotherapy Equipment – Table of Contents:
1.Introduction
2.Executive Summary
3.Market Overview
4.Physiotherapy Equipment Market, By Application
4.1.Introduction
4.2.Global Physiotherapy Equipment Sales, Revenue and Market Share By Application (2014-2017)
4.3.Physiotherapy Equipment Market Assessment and Forecast, By Application, 2014-2023
4.4.Neurology Market
4.5.Musculoskeletal
4.6.Pediatric
4.7.Cardiovascular & Pulmonary
4.8.Other Applications
5.Physiotherapy Equipment Market, By Type
5.1.Introduction
5.2.Global Physiotherapy Equipment Sales, Revenue and Market Share By Type (2014-2017)
5.3.Physiotherapy Equipment Market Assessment and Forecast, By Type, 2014-2023
5.4.Hydrotherapy
5.5.Cryotherapy
5.6.CPM
5.7.Ultrasound
5.8.Electric Stimulation
5.9.Heat Therapy
5.10.Therapeutic Exercise
5.11.Other Types
To be Continued…
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Key Growing Factors:
An extensive research study on the Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Physiotherapy Equipment Market.
We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
The Physiotherapy Equipment Market Report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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