Physiotherapy Equipment & Accessories Industry Set for $27.62 Billion Milestone by 2030

Meticulous Research®—a premier market research firm—has released an insightful new report titled ‘Physiotherapy Equipment Market by Product (Electrotherapy, Ultrasound Therapy, Shockwave, Traction, Accessories), Application (Musculoskeletal, Neurology, Pediatric, Cardiovascular), End User (Hospital, Rehabilitation Centre)—Global Forecast to 2030’.
Download Free Sample Report: utm_content=06-06-2024
According to this latest publication, the global physiotherapy equipment and accessories market is projected to surge to $27.62 billion by 2030, expanding at a CAGR of 5.5% from 2023 to 2030. This growth trajectory is primarily fueled by an aging population and the resultant rise in chronic diseases, increased prevalence of sedentary lifestyles leading to back injuries, a surge in sports-related injuries, and continuous technological innovations. Furthermore, emerging economies and the escalating demand for home healthcare services present substantial growth opportunities. Nonetheless, market expansion faces challenges such as uncertain reimbursement frameworks and a shortage of skilled professionals.