Global Physiotherapy Equipment Market Size, Share, Forecast Report, 2020-2027
The global Physiotherapy Equipment market garnered revenue around USD 16.8 Billion in 2020 and projected to reach USD 21.5 Billion in 2027, with at a compound annual growth rate of 5.9% throughout the estimate period from 2020 to 2027.
The current COVID-19 pandemic has resulted in a massive number of patients visiting healthcare facilities on a daily basis. According to WHO data, there were 9.4 million confirmed COVID-19 cases and 482,730 deaths globally, as of June 25, 2020. Owing to this, there is a major shortage of hospital beds, healthcare providers, and basic medical equipment. This is compelling hospitals and other care facilities to increase the number of healthcare providers. As a result, a number of physiotherapists and other healthcare-related professionals are being deployed.
Due to the COVID-19 pandemic, governments across the globe announced country-wide lockdown as well as social distancing measures to prevent the collapse of the health systems. Governments have also issued limitations and bans on medical procedures and elective surgeries. These restrictions have hampered the demand for physiotherapy equipment. Due to these restrictions, physiotherapy equipment manufacturing companies are facing problems such as in-person product demonstrations, operating their facilities at full capacity, and attending conferences that help generate future sales opportunities. In addition, the lockdown in Asia Pacific countries such as China and India has resulted in delays in the production and shipment of physiotherapy products. All these factors are expected to negatively impact the growth of the physiotherapy equipment market. On the other hand, as per the recommendations by the World Confederation for Physical Therapy (WCPT), COVID-19 patients are recommended to undergo physiotherapy for 3-4 weeks for the early recovery and improvement of their overall health. Thus, the demand for physiotherapy equipment is expected to increase in the coming five years due to the growing number of COVID-19 cases.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Physiotherapy Equipment market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Physiotherapy Equipment market growth.
The global Physiotherapy Equipment market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
DJO Global (US), BTL Industries Inc. (US), Performance Health (US), ITO Co., Ltd. (Japan), Enraf-Nonius B.V. (Netherlands), Dynatronics Corporation (US), Mectronic Medicale (Italy), EMS Physio Ltd. (UK), Whitehall Manufacturing (US), Zimmer MedizinSysteme GmbH (Germany), Zinex Inc. (US), STORZ Medical AG (Swotzerland), Life Care Systems (India), and Mettler Electronics Corp. (US).
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
Cross-segment Market Size and Analysis for Mentioned Segments
Additional Company Profiles
(Upto 5 With No Cost)
Additional Countries (Apart
From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers