The Global Physiotherapy Equipment Market Share, Trends, Analysis and Forecasts, 2020-2030 provides insights on key developments, business strategies, research & development activities, production and consumption, supply chain analysis, competitive landscape, and market composition analysis.
Expanding and ageing population, prevalence of chronic health disorders, and occupational health disorders is anticipated to ramp-up demand for physiotherapy equipment
The global physiotherapy equipment market size was estimated to be US$ 14.9 billion in 2019 and expected to reach US$ 30.8 billion by 2030 at a CAGR of 6.3% during 2020 and 2030. The number of people suffering from chronic and occupational health disorders such as cardiovascular, neurological and musculoskeletal disorders is increasing significantly across the globe with North America and Europe being the most affected geographies. Based on the statistics published by United States Bone and Joint Initiative (USBJI), in the United States alone, approximately 127 million people are affected by musculoskeletal disorders, with an estimated direct and indirect cost of US$ 213 Billion annually. The magnitude of resources exhausted due to musculoskeletal disorders globally is in multiple of that incurred in the United States.
