Physiotherapy Equipment Industry Projected to Hit $27.62 Billion by 2030

Meticulous Research®—a leading market research firm—has unveiled a comprehensive 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’.
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According to this latest publication, the global physiotherapy equipment and accessories market is expected to reach $27.62 billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030. This growth is driven by factors such as an aging population, an increase in chronic diseases, sedentary lifestyles leading to back injuries, a rise in sports-related injuries, and continuous technological advancements. Emerging economies and the growing demand for home healthcare services also present significant growth opportunities. However, the market faces challenges including uncertain reimbursement frameworks and a shortage of skilled professionals.
Technological Innovations in Physiotherapy Equipment: The physiotherapy sector is evolving rapidly with modern technologies enhancing therapeutic practices. Notable advancements include wearable resistance technology, such as LILA’s Exogen product launched with House of Athlete (HOA) in January 2023, which uses compression-based weights to aid in early strengthening and balance during the Return-To-Sports (RTS) phase post-injury. Additionally, more affordable and compact electromyography biofeedback machines have significantly improved treatment for neurological conditions like amyotrophic lateral sclerosis and myasthenia gravis. These innovations are driving increased demand for physiotherapy equipment.