Scope of the Study
Physiotherapy involves the treatment of diseases, disabilities, and disorders by evaluating, diagnosing, and treating diseases using physical treatments. For the treatment of different types of disabilities and diseases, various types of equipment are used by physical therapists. These Devices are known as physiotherapy Devices. Most of this equipment and machines are mainly used to complete daily tasks easily and painlessly. Various types of therapies are used to heal different parts of the body. According to The research, the American Academy of Orthopaedic Surgeons (AAOS) estimates that approximately half of all Americans are currently in need of physical therapy (PT) healthcare, with a risk of decreased quality of life. If left untreated, minor problems can also eventually evolve into chronic pain and serious conditions that require costly and invasive surgery. The increasing incidence Of Sports Injuries, Degenerative Joint Disorders, And Cerebrovascular Diseases is one of the key driving factors of growth.
The market study is being classified by Type (Equipment, Kit and Accessories), by Application (Musculoskeletal, Neurology, Cardiovascular and Others (oncology, Fibromyalgia syndrome etc.)) and major geographies with country level break-up.
Mectronic Medicale (Italy), EMS Physio Ltd. (United Kingdom), Whitehall Manufacturing (United States), Zimmer MedizinSysteme GmbH (Germany), Zinex Inc. (United States), Storz Medical AG (Switzerland), Life Care Systems (India), Mettler Electronics Corp. (United States), Enraf-Nonius B.V. (Netherlands) and Dynatronics Corporation (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are DJO Global (United States), BTL Industries Inc. (United States), Performance Health (United States) and ITO Co., Ltd. (Japan).
In Physiotherapy Devices Market, it has been observed that most of the companies are upgrading or introducing innovative products. They rely on strategies such as mergers & acquisitions, product development, geographical expansion, technological innovation, and sourcing strategies to enhance their market share. Research Analyst at AMA predicts that United States Players will contribute to the maximum growth of Global Physiotherapy Devices market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Physiotherapy Devices market by Type, Application and Region.
On the basis of geography, the market of Physiotherapy Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Growing prevalence of cardiovascular and neurological diseases
- Steadily Growing Geriatric Population And The Subsequent growing In The Prevalence Of Chronic Diseases is one of the key driving factor
- Expandation of online sales channels
- Unbalanced Reimbursement Scenario For Physiotherapy
- High cost associated with devices
- Technological Advances and increasing demand from the emerging economies
- Lack Of Skilled Personnel
- Substitute Therapies Such As Acupuncture
Market Leaders and their expansionary development strategies
In February 2020 SyncThink sees Eye-Sync announced their agreement for acquiring Physical Therapy Clinics space with symmetry physical therapy of Austin.
In March 2019 Richmar United States Based company has introduced its new device named anti-microbial electrodes which used to prevent t infection in users of electrotherapy devices.
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Physiotherapy Devices Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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