GLOBAL PHYSIOTHERAPY SERVICES MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Physiotherapy services market is estimated to be valued at USD 55.23 Bn in 2024 and is expected to reach USD 79.34 Bn by 2031, growing at a compound annual growth rate (CAGR) of 5.3% from 2024 to 2031.

Physiotherapy is a crucial part of healthcare that helps patients to recover from injuries, illnesses or surgeries by using natural measures rather than drugs or surgery. It involves manual therapy techniques like massage and exercise prescription to maintain optimal physical functioning and mobility. Global physiotherapy services market has been growing steadily due to rising geriatric population worldwide, which is more prone to chronic conditions needing rehabilitation. Increasing prevalence of lifestyle diseases and focus on fitness and wellness has boosted demand for these services. Sports injuries management also drives the market growth. However, lack of insurance coverage and reimbursement for physiotherapy in some regions poses a challenge.

Market Dynamics:

Global physiotherapy services market growth is driven by growing elderly population is prone to musculoskeletal disorders, increasing incidence of chronic diseases like diabetes and obesity, and rising awareness about physical therapy. As per an article published by World Health Organization in July 2022, musculoskeletal conditions affect over 1.71 billion people worldwide annually, thereby, creating lucrative opportunities for market growth. Costly services without proper insurance and reimbursement schemes along with shortage of physiotherapists in certain low and middle-income nations are restricting the market growth. Key players are focusing on digital physical therapy solutions and telehealth to enhance access and address workforce gaps which presents an opportunity over the forecast period.

Key Features of the Study:

• This report provides an in-depth analysis of the global physiotherapy services market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2024-2031), considering 2023 as the base year.
• It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market.
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.
• It profiles key players in the global physiotherapy services market based on the following parameters such as company highlights, products portfolio, key highlights, financial performance, and strategies.
• The key companies covered as a part of this study include ProRehab Physical Therapy, Physiotherapy Associates, Encompass Health, Upright Health, Select Medical Corporation, Rehacare, Celtic Healthcare, ATI Physical Therapy, GymnaUniphy, The Movement Clinic, Fyzical, Aspetar, Athletico Physical Therapy, Physitrack, and Apollo Hospitals Enterprise Ltd.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
• Global physiotherapy services market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global physiotherapy services market.

Detailed Segmentation:

• Physiotherapy Type:
  • Cardiopulmonary
  • Orthopedic physiotherapy
  • Electrotherapy
  • Hydrotherapy
  • Musculoskeletal physiotherapy
  • Neurological physiotherapy
  • Others
• End User Population:
  • Pediatrics
  • Adults
  • Geriatric
• Service Providers:
  • Hospitals
  • Rehabilitation Centres
  • Specialty Physiotherapy Centres
  • Others
• Region: 
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
• Company Profiles:
  • ProRehab Physical Therapy
  • Physiotherapy Associates
  • Encompass Health
  • Upright Health
  • Select Medical Corporation
  • Rehacare
  • Celtic Healthcare
  • ATI Physical Therapy
  • GymnaUniphy
  • The Movement Clinic
  • Fyzical 
  • Aspetar
  • Athletico Physical Therapy
  • Physitrack
  • Apollo Hospitals Enterprise Ltd