Home / News / Global Physiotherapy Equipment Market is expected to reach $20.12 billion by 2022 – Brisk Insights

Global Physiotherapy Equipment Market is expected to reach $20.12 billion by 2022 – Brisk Insights

According to a recently published report by Brisk Insights, the Physiotherapy Equipment Market is expected to grow at the CAGR of 6.9% during 2015-2022 and it is estimated to be $20.12 billion by 2022. The global physiotherapy equipment market is segmented on the basis of product, end user application and geography. The report on Global Physiotherapy Equipment Market Forecast 2015-2022 provides detailed overview and predictive analysis of the market.

The global physiotherapy equipment market is driven by the factors such as rising number of elderly people. Increasing prevalence of problems in the population such as cardiovascular disorders and neurological diseases, musculoskeletal problems are paving the way for the better and much developed market for the industry. Changing socio-economic factors are also acting as drivers for the industry such as introduction of favorable healthcare reforms and large number of people getting inclined towards active lifestyle. Increase in the number of injuries caused due to sports activities are also creating large markets for the physiotherapy equipment market. Further growth in the market is driven by technological advances in various sectors such as the development of exoskeletons, implanted devices and virtual reality. Healthcare services have become more affordable and also there is rising disposable income and this is also opening up newer opportunities for growth of the industries.

Full report available Global Physiotherapy Equipment Market Forecast 2015-2022 report at http://briskinsights.com/report/global-physiotherapy-equipment-market-forecast-2015-2022

Some of the factors which are acting as the restraint for the market are shortage of skilled professionals in the industry and high cost needed for the maintenance of the devices. These factors hinder the growth of the market and must be resolved.

 

http://www.briskinsights.com/

Global Physiotherapy Equipment Market is expected to reach $20.12 billion by 2022 – Brisk Insights reviewed on February 15, 2016 by rated 4.9 of 5

Release ID: 726

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