Concurring with a World Health Organization report, which estimates that the number of people aged over 65 across the globe will rise to 1.5 billion by 2050, a Transparency Market Research study finds that the demand for physiotherapy services will expand due to increasing geriatric population.
The report, titled “Physiotherapy Services Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024,” notes that obesity is turning into a capital concern among the urban population and this factor will further fuel the demand for physiotherapy services across the globe. In order to present a thorough study, the report segments the global market for physiotherapy services based on the mode of treatment, area of therapy specification, and geography. The market is projected to register a healthy CAGR during the forecast period of 2016 to 2024.
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Physiotherapy, also sometimes termed as physical therapy, is a section of medical science that typically helps patients suffering from disabilities and impairments of mobility. These professionals are efficient in the treatment of the aforementioned medical conditions and diagnose the potential movement in the patient. By enhancing the functional abilities of various body organs, physiotherapy services help improve the quality of life.
The report explores that elderly people usually suffer from various ailments such as cardiovascular diseases, chronic pain, and arthritis. Physiotherapy services help these patients relax their body. Moreover, increasing incidences of orthopedic disorders will further extend the demand. Additionally, increasing healthcare concerns among women, particularly pregnant women who require frequent help from physiotherapists, will add to the demand in the global market for physiotherapy services.
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Based on the mode of treatment, the physiotherapy services market can be segmented into exercise, manual therapy, specialized treatments, and others. The report informs that specific exercises are advised to patients for their disabilities, while manual therapy includes massage, manipulation, and mobilization. In a massage, soft tissues of the body are pressurized to increase the blood circulation and relax the muscles. In mobilization, slow motioned movement activities are performed, whereas in manipulation, pressure is applied on joints with the help of specific machines or manually. Specialized treatments include wound care, vestibular rehabilitation, pelvic health, and decongestive lymphatic drainage.
The report also segments the global market for physiotherapy services based on geography in order to present the regional value and potential lucrative market. Geographically, the market can be segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific, and the Middle East and Africa.
Some of the key players currently operating in the global market for physiotherapy services are Meier & Marsh Physical Therapy, AmeriCare Physical Therapy, FullMotion Physical Therapy, Rehab Alternatives, Elam Sports Oahu, and Minsu’s Healing Oasis.