Combined Physical Therapy Device Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
- Transparency Market Research
- Medical Equipments
Combined physical therapy devices combine electrotherapy, laser, ultrasound, and magnetotherapy. These medical devices expand the capabilities to satisfy any therapy needs and enable new diagnostic and treatment applications for patients. The combine physical therapy devices has a handle with a routine upgradeable design that creates a new platform and possibilities for treatment application among urology, musculoskeletal disorder patients. Its unique technology and software features ensure better functional ability. However, developments in sensors and ultrasound models allow to image the disorder or pain at the cellular and molecular level, which are paving the way for early diagnosis and treatment of diseases.
High prevalence of diseases such as kidney stone and muscular dysfunction, rise in patient awareness, increase in orthopedic surgeries among geriatric population, surge in rehab centers for treatment procedures, rise in trend of a healthy lifestyle, and introduction of small, portable, and simple physiotherapy products drive the global combined physical therapy device market. According to the International Journal of Surgery Case Reports (2014), an estimated 235 million surgical procedures were performed in developing countries in 2008. In recent years, a growing number of international orthopaedic surgeons with dedicated time and expertise are factors likely to propel the growth of number of orthopaedic surgeries in the developing countries. According to the Department of Orthopedic Surgery at the University of California, 30% to 40% of patients visits primary care physicians indicating musculoskeletal issues. In 2009, common surgeries such as total knee and hip replacements topped at 906,000. This incidences of hip surgery and knee surgery is due to increasing geriatric population which is a major factor accounts to increase in knee replacements alone surmounting 994,000 by 2030. The orthopaedic surgery, and burden of urology among young population can also be reduced through early detection of disease or disorder. Increase in number of patients with chronic diseases, rise in geriatric population, and surge in awareness about minimally invasive techniques are projected to fuel the growth of the global combined physical therapy device market. However, factors such as bulky and stationary designs, and longer time taken for treatment procedures are expected to hamper the global combined physical therapy device market.
The global combined physical therapy device market can be segmented based on application, technology, therapy, end-user, and region. In terms of application, the Combined Physical Therapy Device Market can be classified into orthopedic, urology, erectile dysfunction, and others. Based on technology, the global combined physical therapy device market can be categorized into electromagnetic technology, laser technology, ultrasound technology, and others. In terms of therapy, the market can be divided into post-surgery therapy, neurology, and others. Post-surgery therapy is a rapidly expanding segment owing to increase in number orthopedic surgery and surgeons, minimal invasive technology. Based on end-user, the global combined physical therapy device market can be segmented into diagnostic laboratories, pathology labs, hospitals, clinics, and others. Hospitals are increasing its revenue due to increase in activity such as sports among young population, and demand of portable physiotherapy devices among physicians. These factors are likely to drive the hospitals segment growth during the forecast period.
In terms of region, the global combined physical therapy device market can be segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America dominates the global combined physical therapy device market due to increase in funding for the development of research and health care infrastructure. Rise in incidence of chronic diseases and early phase diagnosis and treatment of diseases drive the orthopedic surgery segment. This in turn is expected to boost the combined physical therapy device market in North America. Europe is the second largest Combined Physical Therapy Device Market due to favorable government policies regarding the development of health care infrastructure and molecular device companies. The Combined Physical Therapy Device Market in Asia Pacific is expected to expand at a high growth rate during the forecast period due to rise in geriatric population, orthopedic surgery, changing lifestyle, increase in awareness among patients, and surge in per capita expenditure. Additionally, economic growth in India, China, and the Philippines supports improvement in health care infrastructure, and expansion of medical device companies and biotech labs.
Major players operating in the global combined physical therapy device market include BTL Corporate, Zimmer MedizinSysteme GmbH, Dornier MedTech GmbH, Siemens AG, Boston Scientific Corporation, and EMS Electro Medical Systems S.A.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Medical Equipments
Medical DevicesNebulizers-Medical Devices Pipeline Product Landscape, 2021