Physiotherapy Equipment Market to Amount to USD 27.6 Bn by 2024, States Variant Market Research in Its New Report Available at MarketPublishers.com
30 Aug 2017 • by Natalie Aster
LONDON – Physiotherapy is a widely popular pain-relieving procedure that encompasses various equipment and methods to provide relief from pain and also strengthen muscles or bones; it also assists in restoring body functions and movements. Physiotherapy promotes the movement of damaged organs and improves lifespan of a person by means of mechanical force together with movement therapy.
Today, there a wide range of physiotherapy equipment is available including laser therapy equipment, shockwave therapy, electrotherapy equipment, ultrasound machines and magnetotherapy, amid others.
The world’s market for physiotherapy equipment is forecast to keep on growing over 2017-2024, exhibiting a healthy CAGR of 7.1%. By 2024, the overall market value is set to amount to USD 27.6 billion.
The major market growth engine is the constantly rising number of people suffering from different functional disabilities. Other important market growth drivers include remarkable technological advancements, increasing healthcare reforms, escalating number of physiotherapy clinics, and expanding prevalence of neurological and cardiovascular disorders.
However, growth in the physiotherapy equipment market could be hindered by lack of skilled professionals and high maintenance charge.
New report “Physiotherapy Equipment Market - Global Scenario, Market Size, Outlook, Trend And Forecast, 2015-2024” elaborated by Variant Market Research contains updated information on the market performance at different geographical levels. It features the market dynamics and key growth influencing factors, presents a detailed analysis of the market segmentation on the basis of products, applications and end-users. Moreover, the study sheds light on competitive scenario and major companies operating in this domain, discusses top trends and outlines future growth prospects. Additionally, this report offers a future outlook through 2024.
A full collection of research reports by Variant Market Research is provided in the publisher’s online catalogue at MarketPublishers.com.