Physiotherapy Equipment Market Size, Share, Growth, and Forecast to 2025Posted by rekha on September 19th, 2019 Precision Business Insights (PBI) in its report titled “Global Physiotherapy Equipment Market: Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2013-2017 and Forecast 2018-2024” assesses the market performance over seven years forecast period over 2018-2024. The report analyses the market value forecast and provides the strategic insights into the market driving factors, challenges that are hindering the market revenue growth over forecast period. The global physiotherapy equipment market was valued at US$ XX Mn in 2017 and increasing at a significant CAGR over the forecast timeframe owing to increase in awareness regarding the physiotherapy, the advantages of physiotherapy in treating pain disorders, rapidly increasing geriatric population, increase in the prevalence of chronic diseases, and growing incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease are expected to drive the global physiotherapy equipment market. However, high maintenance cost of the equipment and the shortage of a skilled personnel are anticipated to hinder the revenue share of global physiotherapy equipment market. Global physiotherapy equipment market segmented on the basis of Equipment, Application, end user, and region For request sample: https://www.precisionbusinessinsights.com/request-sample?product_id=37314 Consumer Electronics Market Dominates the Global Physiotherapy Equipment Market Based on the equipment type, global physiotherapy equipment market segmented into laser therapy, ultrasound, cryotherapy, electrotherapy, and accessories. Ultrasound equipment accounted for the largest share of the market and is expected to maintain its dominance during the forecast period due to its advantages of faster healing process and reduce the swelling and edema. Ultrasound therapies are majorly used in conditions, such as tendonitis, ligament sprains, muscle strains, joint inflammation, rheumatoid arthritis, and osteoarthritis. However, a faster growth rate observed in case of electrotherapy equipment growth in this segment is mainly due to the rising adoption of electric stimulation-based techniques for physiotherapy. North America Leads the Global Physiotherapy Equipment Market PBI’s global physiotherapy equipment market report analyses the market in different regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. According to regional analysis, North America accounted for larger revenue share through 2013-2017 and expected to dominate over 2018-2024 owing to increase in cases of road and workplace accidents, population of women suffering from osteoporosis, and geriatric population, increase in geriatric population, increase in health care services and presence of global players are anticipated to propel the market. Asia Pacific physiotherapy equipment market projected to grow at significant rate owing to increase in the awareness towards the physiotherapy, improvement in healthcare infrastructure, economic development, and rising patient awareness levels
Launch of newer products, frequent product approvals, and strategic alliances are the key strategies adopted by market players Global physiotherapy equipment market further reveals that the key players increasingly adopting strategies such as launch of newer developments in products, frequent product approvals, and long term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, in January 2019, RICHMAR introduced MicroBlock, an electrode designed to inhibit the growth of disease-causing bacteria in electrotherapy devices. The sales of the company has increased due to this development. Key player’s profiles in the report are
Detailed Segmentation
By Equipment o Ultrasound o Cryotherapy o Laser Therapy o Electrotherapy o Accessories By Application o Cardiovascular and respiratory therapy o Musculoskeletal o Pediatric o Neurology o Sports therapy o Others By End User o Hospitals and Clinics o Rehabilitation centers o Others
Geography o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East and Africa (MEA)
For more information: https://www.precisionbusinessinsights.com/market-reports/global-physiotherapy-equipment-market/ Like it? Share it! More by this author |