The global physiotherapy devices market is primarily driven by the high incidence of injuries and ailments.
The global physiotherapy devices market is primarily driven by the high incidence of injuries and ailments. Lifestyle changes and poor habits has boosted adoption of the physiotherapy devices and likely to drive the growth of the global physiotherapy devices market from the past few years.
According to the report, the global physiotherapy devices market is expected to be worth US$2,838.9 mn by the end of forecast period rising from US$1,686.1 mn in 2016. The global market for physiotherapy devices is expected to expand with a CAGR of 6.1% over the forecast period of 2017 and 2025.
DorsaVi has announced the commercial launch of the innovative movement for analysis of product DorsaVi Professional Suite especially in the US. The first set of pre-orders will be start shipping. Launch of DorsaVi Professional Suite is developed under guidance of running specialists and physical therapists. This technology is simple to use with mobile and available in low cost. It monitors and measures quality of programme and helps to improve performance and assists in rehabilitation centers. The system consists of small and easy-to-use sensors attached to users, and a user-friendly software application. Launch of these products is expected to impress the growth of the global physiotherapy devices market.
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Here are round up a few important points related the market to allow stakeholders bet right on it.
- Rising awareness of the accessories among people is a key factor driving growth of the global physiotherapy devices market. Additionally, affordability of these devices is another factor assisting in the growth of the region in the global market.
- However, uncertain reimbursement policies in numerous regions and economic downturn mainly in European countries are crimping growth of the physiotherapy devices market. Nevertheless, increasing participation in sporting activities had a positive impact in the overall market and expected to create potential opportunities in the global physiotherapy devices market in few upcoming years.
- Electrotherapy accounts for the highest market share in the global market owing to market attractiveness. Easy availability, efficiency in pain reduction, and low price of devices are the major factor contributing for growth of the electrotherapy equipment segment in the market.
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- The neurological segment account for the highest market share and expected to continue dominance with highest growth rate over the forecast period. Rising prevalence of paralysis and stroke patients are the key factors boosting adoption of the neurological sector.
- Hospital and physiotherapy accounted for the larger share and expected to witness attractiveness. However, physiotherapy clinics is expected to witness higher growth rate over the forecast period. This growth is attributed to availability of trained professionals, less-expensive healthcare facilities, and effective results.
- Regionally, the North America accounts for the larger share in the revenue of the global market, in 2016 however, Asia Pacific region possess the opportunities of growth with promising growth rate over the forecast period. The awareness of benefits from regular physiotherapy treatment coupled with easy availability of trained professionals are the key factors responsible for high growth of the North America region and accounting for leading share in the global market for physiotherapy. While, larger population and growing awareness are the prospective reasons for the promising growth of the Asia Pacific region over the forecast period.
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- Prominent key players operating in the global physiotherapy devices market are DJO Global, BTL, EMS Physio Ltd., Patterson Medical Ltd., Dynatronics Corporation, Enraf-Nonius, Ossur, HMS Medicals Systems, and A. Alego Limited.
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