Physiotherapy
is used to treat conditions like injuries, fractures, joint
disorders, and arthritis. Recently, with the development of
technology, many types of physiotherapy equipment have been
introduced in the market. Physiotherapy equipment has application in
cardiovascular, neurological, and musculoskeletal disease. Growing
incidence of cardiovascular and neurological disorders is expected to
drive growth of the physiotherapy equipment market. Physiotherapy
includes electrotherapy, hydrotherapy, exercise therapy, and
cryotherapy.
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Physiotherapy
Equipment market- Drivers
The
physiotherapy equipment market size is expected to increase over the
forecast period, owing to rising prevalence of neurological and
cardiovascular disorders such as Parkinson’s disease, spinal cord
and traumatic brain injuries. For instance, according to Parkinson’s
foundation 2018, in U.S., around 60,000 patients are diagnosed with
Parkinson’s disease each year.
Furthermore,
with the increasing incidence of sports related accidents and
injuries, demand of physiotherapy equipment for developing and
restoring bodily functions and movement is expected to be the major
factor driving the physiotherapy equipment market during the forecast
period. For instance, according to Stanford Children Health report
2019, in the U.S., more than 775,000 children, aged 14 and younger,
are treated in hospital emergency rooms for sports-related injuries
each year.
Physiotherapy
Equipment Market- Regional Analysis
On
the basis of region, the physiotherapy equipment market is segmented
into North America, Latin America, Europe, Asia pacific, Middle East,
and Africa. North America is expected to hold dominant position in
the physiotherapy equipment market during the forecast period, owing
to increase in the incidence of cardiovascular and neurological
disorder. For instance, according to American College of Cardiology
report 2019, cardiovascular disease (CVD) remains the leading cause
of death in the U.S.
Asia
Pacific is expected to witness significant growth over the forecast
period, owing to geriatric population. For instance, according to
Population Census report in 2011, the geriatric population was nearly
104 million in India, which is expected to grow to 173 million by
2026.
Physiotherapy
Equipment Market- Competitive landscape
Key
players operating in the physiotherapy equipment market include DJO
Global, Patterson Companies, Inc., HMS Medical System, BLT
industries, Inc., A. Algeo limited, Enraf-Nonius B.V., EMS Physio
Ltd., and Isokinetic.
Physiotherapy
Equipment Market- Taxonomy
The
physiotherapy equipment market is segmented on the basis of product
type, application, end user, and region.
By
product type
-
-
Ultrasound
-
Electric Muscle Stimulation
-
Exercise Bike
-
Isokinetic
-
Nordic Track
-
Others
By
Application
-
Cardiovascular
-
Pediatric
-
Orthopedic and Musculoskeletal
-
Gynecology
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