According to FutureWise analysis the market for physical therapy supplies in 2023 is US$ 15.29 billion, and is expected to reach US$ 23.32 billion by 2031 at a CAGR of 5.40%.
Physical Therapy, which uses mechanical force and movement, is becoming more and more popular, due to a variety of reasons including urban lifestyles, aging populations, and corporate lifestyles. The technique is completely noninvasive and carries very little risk. Increased incidences of cardiovascular disorders, neurological disorders, and increased illnesses caused by sedentary lifestyles and urbanization have made Physical Therapy Equipment a necessity. Injuries, fractures, joint disorders, amputations, back and neck pain, arthritis, and post-operative conditions can be treated with physical therapy. With the advancement of technology, there have been many new types of physiotherapy equipment introduced to the market in recent years. Increasing incidences of cardiovascular diseases and neurological disorders are driving the global physiotherapy equipment market.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Physical Therapy Supplies Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Physical Therapy Supplies Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.