Industry Background:
Physiotherapy (Physical Therapy), is a branch of health science that uses specially designed exercise and equipment that helps patients to improve their physical health, these are known as physiotherapy equipment. These equipment uses mechanical force to give the first line of treatment to the patients. The increasing rates of cardiovascular disorders, neurological disorders and increased ailments due to inactive lifestyle and urbanization, have created the need for Physiotherapy Equipment. With the development of new technology, different types of physiotherapy equipment have been introduced into the market. A rising number of the elderly population and growing disease have fuelled the need for Physiotherapy Equipment market.This growth is primarily driven by Growing Ageing Population Globally, Successive Increase in the Global Popularity of Chronic Diseases and Increasing Unhealthy Lifestyle Habits.
Globally, a noticeable market trend is evident Adopting new Technologies in Order to Improve Physiotherapy Equipment. Major Players, such as DJO Global (United States), EMS Physio Ltd. (United Kingdom), Enraf-Nonius (Netherlands), BTL (United States), Ossur (Iceland), A. Alego Limited (Iceland), Patterson Medical Ltd. (United Kingdom), Dynatronics Corporation (United States), HMS Medicals Systems (India) and Performance Health (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 4th April 2017, Dynatronics’s Acquisition of Hausmann Industries, a manufacturer of branded, high-quality physical therapy and athletic training products. Dynatronics manufactures, markets and sells advanced-technology medical devices, orthopedic soft goods and supplies, treatment tables and rehabilitation equipment for the physical therapy, sports medicine, chiropractic, and podiatry markets, and Hausmann manufactures a full range of laminate treatment tables, stools, benches, and cabinets to the physical therapy and athletic training markets. The company offers its products exclusively to third-party dealers, primarily in the United States, they both combined business to create value for both their investors and the customers they serve."
Market Drivers
- Growing Ageing Population Globally
- Successive Increase in the Global Popularity of Chronic Diseases
- Increasing Unhealthy Lifestyle Habits
Market Trend
- Adopting new Technologies in Order to Improve Physiotherapy Equipment
Restraints
- Unstable Refund Scenario For Physiotherapy
- Adverse Effects Associated with Physiotherapy
- High Cost for Physiotherapy Equipment’s
Opportunities
Emerging Markets for Physiotherapy Equipment’s and Technological Advances in Physiotherapy Equipment’s
Challenges
Lack of Trained and Skilled Personnel for Physiotherapy and Alternative Physiotherapy Therapies used Such as Acupuncture
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Physiotherapy Equipment Study Sheds Light on
— The Physiotherapy Equipment Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Physiotherapy Equipment industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where Physiotherapy Equipment industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.