According to the latest report published by Variant Market Research, the global physiotherapy equipment market is estimated to reach $27.6 Billion by 2024, from $15.9 Billion in 2016, at a CAGR of 7.1% from 2016 to 2024.
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Growing geriatric population to drive the global physiotherapy equipmentmarket
The global physiotherapy equipment market is driven by factors such increasing occurrence of cardiovascular &neurological disorders, growing elderly population, technological developments and growing number of physiotherapy clinic. High maintenance costsmay hamper the market growth. Furthermore, growing awareness among people of emerging countries& technological innovations likeinteractive video systems, exoskeletons, robotic assisted systems, and others would provide an opportunity for market players of biological drugs market.
Physiotherapy Equipment Market Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/medical-devices/physiotherapy-equipment-market/toc
The global physiotherapy equipment market is classified into product, application, end-user, and geography.Product segment includesequipment (hydrotherapy, continuous passive motion (CPM), cryotherapy, electric stimulation,therapeutic exercises, heat therapy, ultrasound and others)& accessories (orthoses and others).Neurology, musculoskeletal, cardiovascular and pulmonary, pediatric and other applicationsare covered under the application sub segment. End-user segment comprises hospitals, clinics and other end-users.North America (Canada, U.S., and Mexico), Europe(France, Germany, UK, Italy, and Rest of Europe), Asia-Pacific(India, South Korea, Japan, China, and Rest of Asia-Pacific) and RoW (Middle East, South America, and Africa) are the key geographical regions are included in the global physiotherapy equipmentmarket.
Equipment, by product, is estimated to dominated the global market in 2016
Equipment held for the maximum market share in 2016, and expected to continue its dominance over the forecast period, 2016 – 2024.
Musculoskeletal, byapplication, is estimated to dominated the global market in 2016
Musculoskeletal held for the largest market share in 2016, and expected to continue its dominance during the forecast period, 2016 – 2024.
Asia-Pacific is estimated to witness fastest CAGR from 2016 to 2024
Asia-Pacific is predicted to grow at a fastest CAGR during the forecast period 2016 to 2024. The growth is attributed to high number of patients suffering from osteoporosis,improving healthcare sector, and rising health awareness.
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The key market players of the market are Patterson Companies Inc.,Enraf-Nonius B.V., BTL Industries, Inc., EMS Physio Ltd., Isokinetics, Inc., DJO Global, Inc., Whitehall Manufacturing Inc., Dynatronics Corporation, Inc., HMS Medical System,Algeo Limited, and among others.
Scope of Physiotherapy Equipment Market
- Continuous Passive Motion (CPM)
- Electric Stimulation
- Heat Therapy
- Therapeutic Exercises
- Cardiovascular and Pulmonary
- North America
- South Korea
- South America
- Middle East
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