Physiotherapy Equipment Market Future Aspect Analysis and Current Trends by 2022 to 2030


According to FMI, the global  Physiotherapy Equipment Market is set to expand at a CAGR of 7.2% during 2020-2030. Rising geriatric population, combined with heightened levels of physical inactivity among the younger population is inducing several orthopedic and muscular disorders. Over 1 billion people worldwide lead extremely sedentary lifestyles according to the WHO.

The increasing levels of physical inactivity is leading to various problems such as frozen joints, muscle degeneration, sprains and strains have compounded, necessitating the need for physiotherapy. Additionally, rising incidences of road and sports accidents is acting as a catalyst for increasing the number of physiotherapy procedures.

Based on these trends, manufacturers are concentrating on introducing technologically advanced products and introducing them into the market at highly competitive prices. Additionally, specific nature of injuries is prompting them to dole out specific products. Majority of the players are scrambling to acquire a footing across emerging economies.


For More Information : https://www.futuremarketinsights.com/reports/physiotherapy-equipment-market


Physiotherapy Equipment Market Study- Key Findings

- Ultrasound physiotherapy equipment shall tower over others, attributed to rising demand for non-invasive surgeries

- Musculoskeletal devices shall pivot the market in terms of application throughout 2020-2030

- North American market accounts for over 2/5th of the revenue

- East & South Asia remain lucrative, jointly capturing nearly 1/4th of the revenue share


COVID-19’s Impact on the Physiotherapy Equipment Market

The COVID-19 pandemic has ushered in an era of major uncertainty. As the global economy hurtles towards a major recession, the physiotherapy equipment market will experience significant shortfalls. As the pandemic intensifies, elective surgical procedures are being postponed, thus reducing demand for physiotherapy equipment in hospitals.

Moreover, residential visits by physiotherapists have reduced in the wake of maintaining social distancing. Since they utilize such equipment during these sessions, the decline in these visits has ushered in sluggishness in demand. On the supply side, unavailability of raw materials has halted production.

A recovery is expected in the initial quarters of 2021, when the infection curves flatten. Many countries such as Australia & New Zealand are already exhibiting decline in infection rates, thus heightening growth prospects and keeping the market afloat.


Competitive Landscape

The global physiotherapy equipment market is characterized by the presence of several prominent players who are concentrating on introducing new products and acquisitions to carve a firm footing.

In June 2020, DJO Global introduced the DonJoy X-ROM Post-Op Knee Brace, incorporating an improvised user-friendly fastener which is easy to adjust and easy to apply. In 2019, the company launched the first fully sterile surgeon-controlled leg and retractor holder for Anterior Approach Hip Arthroplasty.



Comments

Post a Comment

Popular posts from this blog

Cell Line Development Services Market Size 2022 Competitive Analysis, Opportunities with Challenges, Demand by Regions, Latest Trends, Industry Share, Key Dynamics and Forecast till 2032

Image
  Demand for Cell Line Development Services Market  is projected to be worth US$ 5,965.9 billion globally in 2022 and to increase at a CAGR of 7.4% to US$ 13,130.8 billion globally from 2022 to 2032. Future Market Insights (FMI) presents its new, comprehensive study on the  Gobal Cell Line Development Services Market  spanning from 2020 to 2027. Researches at FMI have no left no stone unturned in bestowing readers a comprehensive view of the market, by studying the drivers, trends, challenges, and restraints. Backed by historical data and projected data, the report breaks down the vast study into numerous geographies and end-use segments, among others to condense the research. The report also considers production and consumption analysis, value chain analysis, key findings, important suggestions and recommendations, and other aspects. Sample of Research Report:   https://www.futuremarketinsights.com/reports/sample/rep-gb-4339   Analysts at FMI have employed in-depth analysis to o
Read more

Urgent Care Market Global Volume Analysis, Size, Share and Key Trends 2022 to 2032

Image
 Between 2022 and 2032, the demand for Urgent Care Market is anticipated to increase globally at a moderate CAGR of roughly 5.4%, resulting in sizable revenues by the end of the projection period (2032). The rising prevalence of chronic diseases and accidents that necessitate emergency medical attention, together with rising healthcare institution investments in establishing and expanding urgent care infrastructure, are driving market growth. Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Urgent Care Market. The study features insights on the current growth dynamics and the major revenue reforms prevailing in the market as along with the key takeaways over the forecast. The team of analysts at Future Market Insights are focussing on research and market study to produce different Urgent Care Market forecasts and predictions at both national and international levels. They have considered several lea
Read more

Pharmaceutical Drug Delivery Market Potential Growth, Share, Demand And Analysis Of Key Players- Research Forecasts By 2032

Image
The Pharmaceutical Drug Delivery Market was worth US$ 1600 billion in 2021 and is predicted to grow to US$ 3000 billion by 2032, a CAGR of 6% during the forecast period. “The growing incidence of infectious diseases globally, expanding R&D expenditure for innovative medicines, and rising FDA approvals all contribute to the expansion of this market category.” The increased prevalence of chronic diseases , the developing biologics industry, extensive R&D investments, and technological innovations & new product launches are all contributing to the rise in the pharmaceutical drug delivery industry. Pharmaceutical drug delivery device has certain advantages, including ease of use, efficiency, and patient compliance. As a result, drug developers are concentrating on appropriate delivery and packaging alternatives to increase treatment efficiency and provide enhanced patient compliance. The pharmaceutical drug delivery market trends and forecast indicate that the busines
Read more