Physiotherapy Equipment Market Size, Share & Trends Report

Physiotherapy Equipment Market Size, Share & Trends Analysis Report By Application (Musculoskeletal), By Type (CPM, Electric Stimulation, Ultrasound), By End Use (Clinic, Hospital), By Demographic, And Segment Forecasts, 2019 - 2026

  • Published Date: May, 2019
  • Base Year for Estimate: 2018
  • Report ID: 978-1-68038-476-5
  • Format: Electronic (PDF)
  • Historical Data: 2015 - 2017
  • Number of Pages: 120

Industry Insights

The global physiotherapy equipment market size was valued at USD 18.6 billion in 2018 and is estimated to expand at a CAGR of 7.3% over the forecast period. Increasing cases of road accidents and injuries are expected to be the key driving factors for the market growth. Moreover, unhealthy eating habits and hectic lifestyle resulting in pain in the ligaments, nerves, muscles, back, and neck and increasing prevalence of stroke & Parkinson’s disease are likely to drive the market further.

Technological advancements and innovations by major companies are also expected to increase the product demand, thereby augmenting market growth. Apps, such as PTGenie, are now being designed to assists patients in following their Home Exercise Programs (HEPs). In February 2016, BioGaming (Israel-based company) received the FDA approval for its YuGo Microsoft Kinect-based physical therapy system.

U.S. physiotherapy equipment market

Furthermore, in January 2019, RICHMAR introduced MicroBlock, an electrode designed to inhibit the growth of disease-causing bacteria in electrotherapy devices. Rise in the number of physiotherapy clinics and expansion of services are expected to propel the market growth. In January 2015, Glasgow Caledonian University (GCU) launched the Caledonian Clinic, which offers advice and specialist healthcare services to staff and students.

Clinics is expected to be the largest end-use segment over the forecast period. Clinics offer physiotherapy services, such as remedial and sports massage, manipulative therapy, and acupuncture. In February 2014, SingHealth Polyclinics (SHP) launched its physiotherapy service in Geylang, to provide better patient care in the community and to reduce the requirement of referring them to the hospitals.

Application Insights

Based on application, the market has been segmented into neurology, musculoskeletal, pediatric, cardiovascular and pulmonary, and others. The neurological application further includes diseases, such as stroke, spinal cord injuries, Parkinson’s disease, multiple sclerosis, and cerebral palsy. In 2018, musculoskeletal segment accounted for the largest share due to rise in the cases of musculoskeletal disorders. About 80% of people at some time of their lifetime suffer from lower back pain.

Cardiovascular and pulmonary segment is expected to witness the fastest growth during the forecast period due to increasing prevalence of Chronic Obstructive Pulmonary Disease (COPD), pulmonary hypertension, and heart diseases. Moreover, unmet clinical needs in emerging countries, rising awareness among patients and healthcare professionals, and increasing disposable income levels are expected to boost the market further.

Others segment include disorders related to sports, women health, and palliative care. Sport-related conditions include stretching, tearing, and swelling of body muscles. According to the data published by National Athletic Trainers’ Association, 62% of sports injuries occur during practice and about 8,000 athletes are treated for the same in the emergency room.

Type Insights

Various types of physiotherapy include hydrotherapy, cryotherapy, Continuous Passive Motion (CPM), ultrasound electric stimulation, heat therapy, therapeutic exercise, and others. In 2018, ultrasound accounted for the largest share of the market and is expected to maintain its dominance during the forecast period due to its ability to speed up the healing process and reduce the swelling and edema. Ultrasound therapies are used in conditions, such as tendonitis, ligament sprains, muscle strains, joint inflammation, rheumatoid arthritis, and osteoarthritis.

Electric stimulation segment also accounted for a significant share. The therapy is used to help muscles function better and improve blood circulation in the affected site. Electrical stimulation therapy is mainly used for rehabilitation of neurological disorders, such as stroke, cerebral palsy, multiple sclerosis, and Parkinson’s disease. Different types of electrical stimulations are Transcutaneous Electrical Nerve Stimulation (TENS), Russian stimulation, neuromuscular electrical stimulation, Inferential Current (IFC), and high voltage stimulation.

Demographic Insights

Based on demography, the market has been segmented into geriatric and non-geriatric population. Geriatric and non-geriatric population is further segmented into in-patient and outpatient based on hospitalization. In 2018, non-geriatric patient population segment accounted for the largest share of the market. However, geriatric population segment is anticipated to grow at the highest CAGR from 2019 to 2026.

In 2018, out-patient sub-segment led the market and is likely to witness the fastest growth during the forecast period. Expensive hospital stays and care in underdeveloped Asian and African countries is a major factor driving the outpatient services segment. Increasing cases of chronic diseases, initialization of government programs, and more demand for home-based treatments are also boosting the growth of this segment.

End Use Insights

Based on end use, the market has been segmented into hospitals, clinics, and others. In 2018, hospitals accounted for the largest share due to a large patient pool and implementation of various programs by hospitals based on the need of patients. The Orthopedic Physiotherapy Department brought in the most revenue, according to a survey conducted in 2013 by Ambulatory Surgical Centers of America.

Global physiotherapy equipment market

Changing demographics and uptake of sports as a profession by individuals across the globe are expected to propel the market growth. Furthermore, availability of physiotherapists and equipment in such institutes is mandatory according to the regulatory bodies for safeguarding the well-being of the participants, which is promoting market growth in this segment.

Regional Insights

North America led the global market in terms of revenue share in 2018 owing to increased cases of road and workplace accidents, population of women suffering from osteoporosis, and geriatric population. However, Asia Pacific is projected to witness the fastest growth in the coming years due to constantly improving healthcare infrastructure, several untapped opportunities, economic development, and rising patient awareness levels.

Presence of supportive government initiatives pertaining to collaborative programs with the physiotherapy societies of western countries is also one of the critical success factors expected to boost growth over the forecast period. Led by U.K., Germany, and France, Europe accounted for a significant share of the industry. In January 2015, Glasgow Caledonian University (GCU) launched the Caledonian Clinic that offers advice and specialist healthcare services to staff and students. The clinic offers physiotherapy services, such as remedial and sports massage, manipulative therapy and acupuncture.

Physiotherapy Equipment Market Share Insights

Key companies in the market are Patterson Medical Holdings, Inc.; DJO Global; Enraf-Nonius; Kindred Healthcare, Inc.; Select Medical; BTL Industries; Concentra Operating Corporation; US Physical Therapy, Inc.; EMS Physio Ltd.; and Isokinetic, Inc.

Acquisitions, collaborations & partnerships, and development of advanced equipment are the key strategies used by these companies for geographical expansions and to increase their share. For instance, dry needling (eliminate pain), anti-gravity treadmills, and robot-assisted walking for patients with spinal cord injuries, and computer-aided therapy programs for the patients suffering from stroke and other Cardiovascular Diseases (CVDs) are new trends introduced in this industry.

In 2017, Archimed SAS (which owns RehabWorks) completed the acquisition of Crystal Palace Physio Group. In February 2019, Colfax acquired DJO Global, Inc. for USD 3.15 billion. This acquisition helped Colfax to widen their product portfolio of company’s orthopedic segment. In March 2016, U.S. Physical Therapy, Inc. acquired physical therapy businesses at eight locations with annual revenue of USD 9 million. The deal was worth USD 13.7 million and was expected to boost the company’s business.

In March 2019, Richmar signed an agreement with MedX Health Corp. to manufacture Private Label Laser and Light systems for the U.S. rehabilitation sector. Based on the agreement, MedX will provide Tethered laser, SLD cluster, Rehab Portable laser, and an integration board to Richmar.

In January 2019, STORZ MEDICAL AG received a CE approval for NEUROLITH-a TPS system-for the maintenance of cognitive abilities of patients with Alzheimer’s disease. In December 2018, the system received CE approval for NEUROLITH for the treatment of neurological diseases.

Report Scope



Base year for estimation


Actual estimates/Historical data

2015 - 2017

Forecast period

2019 - 2026

Market representation

Revenue in USD Million and CAGR from 2019 to 2026

Regional scope

North America, Europe, Asia Pacific, Latin America, and MEA

Country scope

U.S., Canada, U.K., Germany, France, Japan, China, India, Brazil, Mexico, and South Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

15% free customization scope (equivalent to 5 analysts working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization

Segments Covered in the Report

This report forecasts revenue and volume growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2015 to 2026. For the purpose of this study, Grand View Research has segmented the global physiotherapy equipment market report on the basis of application, type, demographic, end use, and region:

  • Application Outlook (Revenue, USD Million, 2015 - 2026)

    • Neurology

      • Stroke

      • Spinal Cord Injuries

      • Parkinson’s Disease

      • Multiple Sclerosis

      • Cerebral Palsy

      • Others

    • Musculoskeletal

    •  Pediatrics

    • Cardiovascular & Pulmonary

    • Others

  • Type Outlook (Revenue, USD Million, 2015 - 2026)

    • Hydrotherapy

    • Cryotherapy

    • Continuous Passive Motion (CPM)

    • Ultrasound

    • Electric stimulation

    • Heat therapy

    • Therapeutic Exercise

    • Others

  • Demographic Outlook (Revenue, USD Million, 2015 - 2026)

    • Geriatric Population

      • In-patient Treatment

      • Out-patient Treatment

        • Convalescent Homes-based Treatment

        • Home-based Treatment

        • Others

    • Non-geriatric Population

      • In-patient Treatment

      • Out-patient Treatment

        • Convalescent Homes-based Treatment

        • Home-based Treatment

        • Others

  • End Use Outlook (Revenue, USD Million, 2015 - 2026)

    • Hospitals

    • Clinics

    • Others

  • Regional Outlook (Revenue, USD Million, 2015 - 2026)

    • North America

      • U.S.

      • Canada

    •  Europe

      • U.K.

      • Germany

      • France

    • Asia Pacific

      • Japan

      • China

      • India

    • Latin America

      • Brazil

      • Mexico

    • Middle East and Africa

      • South Africa

Key questions answered by the report
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