Physiotherapy is a technique that uses various procedures and equipment to relieve physical ailments. It has evolved from a simple massage to a complex variety of treatments. It is an essential part of rehabilitation after surgeries, chemotherapy, and radiation procedures to promote mobility. Physiotherapy plays a significant role for physically challenged people and provides relief to the patients with injuries and chronic disorders such as stroke, arthritis, and cerebral palsy.
Technavio's analysts forecast the global physiotherapy equipment market to grow at a CAGR of 6.35% over the period 2014-2019.
Covered in this report
The report covers the current scenario and the growth prospects of the global physiotherapy equipment market for the period of 2015-2019. To calculate the market size, the report considers revenue generated through sales of the following product categories:
Technavio Announces the Publication of its Research Report – Global Physiotherapy Equipment Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Physiotherapy Equipment Market: BTL Industries, DJO Global, Enraf-Nonius and Patterson Medical
Other Prominent Vendors in the market are: A. Algeo, Dynatronics, EMS Physio, Gymna Uniphy, Isokinetic, Mettler Electronics, Naimco/Rich-Mar, RS Medical, and Zynex Medical.
Commenting on the report, an analyst from Technavio’s team said: “Physiotherapy has become accessible to people due to the emergence of technological breakthroughs and new laws governing the therapy. Advances in technology have led to the development of innovative physiotherapy equipment. These devices help to reduce patients' healing time, increase their comfort levels, and enhance overall patient care. Rehabilitation robots, the Ekso suit, and implanted devices for pain management are just some of the technological innovations.”
According to the report, portable physiotherapy equipment is fast gaining importance among physiotherapists, physicians, and patients. These devices are user-friendly, cost-effective, reliable, and easy to carry, increasing their demand in domestic and international markets. These devices can relieve pain, reduce swelling, and promote healing. Private clinics and hospitals can use these portable units.
Further, the report states that intense competition among vendors will restrict market growth. Increased market competition leads to price wars and decreases the average selling price of physiotherapy equipment.
BTL Industries, DJO Global, Enraf-Nonius and Patterson Medical, A. Algeo, Dynatronics, EMS Physio, Gymna Uniphy, Isokinetic, Mettler Electronics, Naimco/Rich-Mar, RS Medical, Zynex Medical