PUBLISHER: The Business Research Company | PRODUCT CODE: 1713618
PUBLISHER: The Business Research Company | PRODUCT CODE: 1713618
Physiotherapy devices are specialized tools and equipment utilized in physiotherapy to assess, diagnose, and treat physical disabilities and impairments. These devices are designed to enhance patient mobility, strength, and overall physical function.
The main types of physiotherapy devices include equipment, kits, and accessories. Physiotherapy equipment encompasses various tools and machines that physical therapists use to support the treatment and rehabilitation of patients with physical impairments or disabilities. These devices are applied in various fields such as musculoskeletal, neurology, cardiovascular, and other areas, and are used by a range of end-users including hospitals, physiotherapy clinics, rehabilitation centers, and more.
The physiotherapy devices market research report is one of a series of new reports from The Business Research Company that provides physiotherapy devices market statistics, including physiotherapy devices industry global market size, regional shares, competitors with a physiotherapy devices market share, detailed physiotherapy devices market segments, market trends and opportunities, and any further data you may need to thrive in the physiotherapy devices industry. This physiotherapy devices market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The physiotherapy devices market size has grown strongly in recent years. It will grow from $21.68 billion in 2024 to $23.15 billion in 2025 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to increasing demand for rehabilitation services, growing prevalence of neurological and chronic diseases, high incidence of injuries and ailments, rising incidence of musculoskeletal disorders, rising geriatric population.
The physiotherapy devices market size is expected to see strong growth in the next few years. It will grow to $29.66 billion in 2029 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to increasing sports injuries, improper eating habits, hectic lifestyles, growing consumer knowledge, increasing preference for home-based care. Major trends in the forecast period include advanced electrotherapy, technological innovations, implementation of artificial intelligence, wearable technology, tele-rehabilitation techniques.
The growth of the aerospace industry is anticipated to drive the expansion of the polymer matrix composites market in the coming years. The aerospace industry encompasses the sector dedicated to the development, production, and maintenance of aircraft, spacecraft, and their associated systems and equipment. This growth can be attributed to advancements in technology, a rising demand for air travel and satellite services, and innovations in manufacturing and materials. Polymer matrix composites are beneficial to the aerospace industry as they offer lightweight, high-strength materials that enhance fuel efficiency, improve performance, and enable the creation of more complex and durable aerospace structures. For example, in January 2023, Airbus SE, a Netherlands-based aerospace corporation, reported that aircraft deliveries increased by 8% in 2022, with a total of 661 deliveries compared to 611 in 2021. Thus, the rise of the aerospace industry is propelling the growth of the polymer matrix composites market.
Major companies in the physiotherapy devices market are developing home-use solutions, such as electrotherapy devices, to enhance treatment outcomes and improve patient recovery times. Electrotherapy devices are medical tools that use electrical currents for therapeutic purposes, including pain relief, muscle stimulation, and tissue healing. For example, in March 2023, Zynex Inc., a US-based medical device company, introduced NexWave, an advanced electrotherapy device for pain management. NexWave provides 50 times stronger relief than standard transcutaneous electrical nerve stimulation (TENS) units without side effects. It operates by sending electrical signals to block pain at the nervous system level, offering a safer alternative to pain medication. Suitable for patients recovering from surgery or dealing with chronic pain, NexWave enhances blood circulation, promotes natural movement, and accelerates rehabilitation. Designed for home use, it delivers higher frequencies and stronger electrical output compared to non-prescription devices, making it highly recommended by both patients and doctors.
In August 2022, Physiotattva, a physiotherapy services company based in India, partnered with BTL Industries Limited. This collaboration aims to develop an advanced pain management system designed to enhance patient quality of life through improved rehabilitation and holistic therapies. BTL Industries Limited is a medical technology company located in the UK.
Major companies operating in the physiotherapy devices market are 3M Company, DJO LLC, BTL Industries Inc., Performance Health Holding Inc., Zynex Medical Inc., Morris Group International Inc., Dynatronics Corporation, Storz Medical AG, Algeo Limited, Chattanooga Group, Zimmer MedizinSysteme GmbH, Mectronic Medicale S.r.l., Mettler Electronics Corp., Astar Inc., Life Care Systems Pvt. Ltd., Accord Medical Products Private Limited, EMS Physio Ltd, International Electro Medical Co., Whitehall Manufacturing Inc., HMS Medical Systems Private Limited, Cosmedica Limited, Johari Digital Healthcare Ltd., India Medico Instruments, Medisport S.r.l.
North America was the largest region in the physiotherapy devices market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physiotherapy devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the physiotherapy devices market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The physiotherapy devices market consists of sales of products such as therapeutic ultrasound machines, electrotherapy devices, laser therapy equipment, traction therapy units, and cryotherapy devices, all designed to enhance patient rehabilitation and recovery. Values in this market are 'factory gate' values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Physiotherapy Devices Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on physiotherapy devices market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for physiotherapy devices ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The physiotherapy devices market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.