This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The physical therapy market size has grown strongly in recent years. It will grow from $27.89 billion in 2024 to $29.95 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to aging population, prevalence of chronic conditions, occupational and sports injuries, focus on preventive healthcare, expansion of scope in healthcare settings.
The physical therapy market size is expected to see strong growth in the next few years. It will grow to $37.54 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to integration of telehealth services, rising awareness of the benefits of physical activity, focus on aging-in-place strategies, personalized treatment plans, interdisciplinary healthcare approaches. Major trends in the forecast period include technological innovations in rehabilitation, advancements in rehabilitation technologies, digital health integration, orthopedic and sports rehabilitation, technology-aided rehabilitation.
The growing prevalence of musculoskeletal disorders (MSDs) is expected to drive the growth of the physical therapy market in the coming years. MSDs refer to a range of conditions affecting the muscles, bones, tendons, ligaments, and other parts of the musculoskeletal system. Physical therapy plays a vital role in preventing, treating, and managing these conditions by offering education, ergonomics training, workplace safety modifications, on-site treatment, and return-to-work programs. For example, in July 2022, the World Health Organization (WHO), a specialized agency of the United Nations, reported that approximately 1.71 billion people globally suffer from musculoskeletal conditions. Additionally, a March 2022 survey published in PubMed Central (PMC) highlighted the impact of the pandemic on physical health. It found that 75.9% of surveyed students experienced musculoskeletal pain, particularly in the shoulders and neck, with 46% of students working from home reporting text neck syndrome. Therefore, the increasing incidence of musculoskeletal disorders is expected to propel the growth of the physical therapy market.
The growing aging population is poised to contribute to the expansion of the physical therapy market. The aging population trend refers to a demographic shift characterized by an increasing proportion of elderly individuals in a society or population. Physical therapy is a crucial healthcare intervention for addressing age-related health challenges, improving mobility, alleviating pain, and enhancing overall functional independence among the elderly. According to the World Health Organization in October 2022, the global population of individuals aged 60 years and older is rapidly growing and is expected to double by 2050, reaching 2.1 billion. Consequently, the growing aging population is a significant driver for the growth of the physical therapy market.
Major companies operating in the physical therapy market are increasingly integrating digital and in-person care to enhance the patient experience. This combined approach allows for personalized, hands-on treatment while leveraging the convenience and support of digital tools. For example, in January 2023, Hinge Health, a US-based provider of physical therapy services, launched a house call physical therapy service in Chicago, with plans for nationwide expansion. This service complements Hinge Health's existing digital offerings by providing in-person care at patients' homes or workplaces. With flexible scheduling options, including next-day and weekend appointments, the service offers 45-minute sessions featuring a thorough assessment of the patient's physical capabilities and home environment. The initiative aims to improve health equity by addressing barriers such as transportation and technology access, ultimately enhancing the overall patient experience.
In January 2024, SportsMed Physical Therapy, a US-based multi-disciplinary healthcare provider, acquired Red Bank Physical Therapy for an undisclosed amount. This acquisition expands SportsMed's footprint to 42 locations across New Jersey and Connecticut, enhancing its range of services, which include physical therapy, chiropractic care, and occupational therapy. Red Bank Physical Therapy is a US-based provider specializing in physical therapy services. The acquisition is expected to strengthen SportsMed's position in the healthcare market by offering a broader network and more comprehensive care options to its patients.
Major companies operating in the physical therapy market report are HCA Healthcare, Geisinger Health System (GHS), Select Medical Corporation, Kindred Healthcare Holdings LLC, Genesis HealthCare, Mercy Aged and Community Care Ltd., Rush-Copley Medical Center, Savaseniorcare LLC, DJO LLC, Concentra Inc., Professional Physical Therapy, Benchmark Physical Therapy, ATI Physical Therapy, US Physical Therapy Inc., PIVOT Physical Therapy, Athletico Physical Therapy, ProHealth Limited, NovaCare Rehabilitation, OrthoCarolina, Performance Health Supply Inc., Dynatronics Corporation, Enraf-Nonius B.V., Rehab Alternatives PLLC, BTL Industries, EMS Physio Ltd., Knight Health Holdings LLC, ProActive Physical Therapy, ITO Co. Ltd., AmeriCare Physical Therapy, Therapydia Inc.
North America was the largest region in the physical therapy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physical therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the physical therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The physical therapy market includes revenues earned by entities by providing treatment planning, pain management, and injury prevention services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Physical therapy is a healthcare profession and rehabilitation specialty dedicated to assisting individuals in recovering from injuries, surgeries, illnesses, or physical disabilities. The primary objective of this therapeutic approach is to restore and enhance a person's physical function, mobility, and overall quality of life.
The main types of physical therapies include orthopedic physical therapies, geriatric physical therapies, neurological physical therapies, cardiopulmonary and pulmonary physical therapies, among others. Orthopedic physical therapy, a specialized branch within this field, concentrates on the assessment, diagnosis, and treatment of musculoskeletal conditions and injuries. These therapies are applicable across various age groups, encompassing pediatrics, adults, and the elderly, and are utilized by diverse end users such as hospitals and clinics, community centers, sports facilities, convalescent homes, schools, and sports academies, among others.
The physical therapy market research report is one of a series of new reports that provides physical therapy market statistics, including physical therapy industry global market size, regional shares, competitors with physical therapy market share, detailed physical therapy market segments, market trends, and opportunities, and any further data you may need to thrive in the physical therapy industry. This physical therapy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The physical therapy market size has grown strongly in recent years. It will grow from $27.89 billion in 2024 to $29.95 billion in 2025 at a compound annual growth rate (CAGR) of 7.4%. The growth in the historic period can be attributed to aging population, prevalence of chronic conditions, occupational and sports injuries, focus on preventive healthcare, expansion of scope in healthcare settings.
The physical therapy market size is expected to see strong growth in the next few years. It will grow to $37.54 billion in 2029 at a compound annual growth rate (CAGR) of 5.8%. The growth in the forecast period can be attributed to integration of telehealth services, rising awareness of the benefits of physical activity, focus on aging-in-place strategies, personalized treatment plans, interdisciplinary healthcare approaches. Major trends in the forecast period include technological innovations in rehabilitation, advancements in rehabilitation technologies, digital health integration, orthopedic and sports rehabilitation, technology-aided rehabilitation.
The growing prevalence of musculoskeletal disorders (MSDs) is expected to drive the growth of the physical therapy market in the coming years. MSDs refer to a range of conditions affecting the muscles, bones, tendons, ligaments, and other parts of the musculoskeletal system. Physical therapy plays a vital role in preventing, treating, and managing these conditions by offering education, ergonomics training, workplace safety modifications, on-site treatment, and return-to-work programs. For example, in July 2022, the World Health Organization (WHO), a specialized agency of the United Nations, reported that approximately 1.71 billion people globally suffer from musculoskeletal conditions. Additionally, a March 2022 survey published in PubMed Central (PMC) highlighted the impact of the pandemic on physical health. It found that 75.9% of surveyed students experienced musculoskeletal pain, particularly in the shoulders and neck, with 46% of students working from home reporting text neck syndrome. Therefore, the increasing incidence of musculoskeletal disorders is expected to propel the growth of the physical therapy market.
The growing aging population is poised to contribute to the expansion of the physical therapy market. The aging population trend refers to a demographic shift characterized by an increasing proportion of elderly individuals in a society or population. Physical therapy is a crucial healthcare intervention for addressing age-related health challenges, improving mobility, alleviating pain, and enhancing overall functional independence among the elderly. According to the World Health Organization in October 2022, the global population of individuals aged 60 years and older is rapidly growing and is expected to double by 2050, reaching 2.1 billion. Consequently, the growing aging population is a significant driver for the growth of the physical therapy market.
Major companies operating in the physical therapy market are increasingly integrating digital and in-person care to enhance the patient experience. This combined approach allows for personalized, hands-on treatment while leveraging the convenience and support of digital tools. For example, in January 2023, Hinge Health, a US-based provider of physical therapy services, launched a house call physical therapy service in Chicago, with plans for nationwide expansion. This service complements Hinge Health's existing digital offerings by providing in-person care at patients' homes or workplaces. With flexible scheduling options, including next-day and weekend appointments, the service offers 45-minute sessions featuring a thorough assessment of the patient's physical capabilities and home environment. The initiative aims to improve health equity by addressing barriers such as transportation and technology access, ultimately enhancing the overall patient experience.
In January 2024, SportsMed Physical Therapy, a US-based multi-disciplinary healthcare provider, acquired Red Bank Physical Therapy for an undisclosed amount. This acquisition expands SportsMed's footprint to 42 locations across New Jersey and Connecticut, enhancing its range of services, which include physical therapy, chiropractic care, and occupational therapy. Red Bank Physical Therapy is a US-based provider specializing in physical therapy services. The acquisition is expected to strengthen SportsMed's position in the healthcare market by offering a broader network and more comprehensive care options to its patients.
Major companies operating in the physical therapy market report are HCA Healthcare, Geisinger Health System (GHS), Select Medical Corporation, Kindred Healthcare Holdings LLC, Genesis HealthCare, Mercy Aged and Community Care Ltd., Rush-Copley Medical Center, Savaseniorcare LLC, DJO LLC, Concentra Inc., Professional Physical Therapy, Benchmark Physical Therapy, ATI Physical Therapy, US Physical Therapy Inc., PIVOT Physical Therapy, Athletico Physical Therapy, ProHealth Limited, NovaCare Rehabilitation, OrthoCarolina, Performance Health Supply Inc., Dynatronics Corporation, Enraf-Nonius B.V., Rehab Alternatives PLLC, BTL Industries, EMS Physio Ltd., Knight Health Holdings LLC, ProActive Physical Therapy, ITO Co. Ltd., AmeriCare Physical Therapy, Therapydia Inc.
North America was the largest region in the physical therapy market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physical therapy market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the physical therapy market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The physical therapy market includes revenues earned by entities by providing treatment planning, pain management, and injury prevention services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
Physical therapy is a healthcare profession and rehabilitation specialty dedicated to assisting individuals in recovering from injuries, surgeries, illnesses, or physical disabilities. The primary objective of this therapeutic approach is to restore and enhance a person's physical function, mobility, and overall quality of life.
The main types of physical therapies include orthopedic physical therapies, geriatric physical therapies, neurological physical therapies, cardiopulmonary and pulmonary physical therapies, among others. Orthopedic physical therapy, a specialized branch within this field, concentrates on the assessment, diagnosis, and treatment of musculoskeletal conditions and injuries. These therapies are applicable across various age groups, encompassing pediatrics, adults, and the elderly, and are utilized by diverse end users such as hospitals and clinics, community centers, sports facilities, convalescent homes, schools, and sports academies, among others.
The physical therapy market research report is one of a series of new reports that provides physical therapy market statistics, including physical therapy industry global market size, regional shares, competitors with physical therapy market share, detailed physical therapy market segments, market trends, and opportunities, and any further data you may need to thrive in the physical therapy industry. This physical therapy market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Physical Therapy Market Characteristics3. Physical Therapy Market Trends and Strategies4. Physical Therapy Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Physical Therapy Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Physical Therapy Market34. Recent Developments in the Physical Therapy Market
5. Global Physical Therapy Growth Analysis and Strategic Analysis Framework
6. Physical Therapy Market Segmentation
7. Physical Therapy Market Regional and Country Analysis
8. Asia-Pacific Physical Therapy Market
9. China Physical Therapy Market
10. India Physical Therapy Market
11. Japan Physical Therapy Market
12. Australia Physical Therapy Market
13. Indonesia Physical Therapy Market
14. South Korea Physical Therapy Market
15. Western Europe Physical Therapy Market
16. UK Physical Therapy Market
17. Germany Physical Therapy Market
18. France Physical Therapy Market
19. Italy Physical Therapy Market
20. Spain Physical Therapy Market
21. Eastern Europe Physical Therapy Market
22. Russia Physical Therapy Market
23. North America Physical Therapy Market
24. USA Physical Therapy Market
25. Canada Physical Therapy Market
26. South America Physical Therapy Market
27. Brazil Physical Therapy Market
28. Middle East Physical Therapy Market
29. Africa Physical Therapy Market
30. Physical Therapy Market Competitive Landscape and Company Profiles
31. Physical Therapy Market Other Major and Innovative Companies
35. Physical Therapy Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Physical Therapy Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on physical therapy market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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- All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for physical therapy? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The physical therapy market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Type: Orthopedic Physical Therapy; Geriatric Physical Therapy; Neurological Physical Therapy; Cardiopulmonary and Pulmonary Physical Therapy; Other Types2) By Age Group: Pediatrics; Adults; Elderly
3) By End-Use: Hospitals And Clinics; Community Centers; Sports Centers; Convalescent Homes; Schools And Sports Academies; Other End-Uses
Subsegments:
1) By Orthopedic Physical Therapy: Post-Surgical Rehabilitation; Sports Injury Rehabilitation; Joint And Muscle Pain Management; Fracture And Trauma Recovery2) By Geriatric Physical Therapy: Fall Prevention And Balance Training; Arthritis And Osteoporosis Management; Mobility And Strength Training; Neuromuscular Disorders Treatment
3) By Neurological Physical Therapy: Stroke Rehabilitation; Parkinson’s Disease Therapy; Spinal Cord Injury Rehabilitation; Multiple Sclerosis Therapy; Traumatic Brain Injury (TBI) Recovery
4) By Cardiopulmonary And Pulmonary Physical Therapy: Cardiovascular Rehabilitation; Pulmonary Rehabilitation (COPD, Asthma); Post-Heart Surgery Rehabilitation; Breathing Exercises And Techniques
5) By Other Types: Pediatric Physical Therapy; Women’s Health Physical Therapy; Vestibular Therapy; Occupational Therapy And Pain Management
Key Companies Mentioned: HCA Healthcare; Geisinger Health System (GHS); Select Medical Corporation; Kindred Healthcare Holdings LLC; Genesis HealthCare
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Physical Therapy market report include:- HCA Healthcare
- Geisinger Health System (GHS)
- Select Medical Corporation
- Kindred Healthcare Holdings LLC
- Genesis HealthCare
- Mercy Aged and Community Care Ltd.
- Rush-Copley Medical Center
- Savaseniorcare LLC
- DJO LLC
- Concentra Inc.
- Professional Physical Therapy
- Benchmark Physical Therapy
- ATI Physical Therapy
- US Physical Therapy Inc.
- PIVOT Physical Therapy
- Athletico Physical Therapy
- ProHealth Limited
- NovaCare Rehabilitation
- OrthoCarolina
- Performance Health Supply Inc.
- Dynatronics Corporation
- Enraf-Nonius B.V.
- Rehab Alternatives PLLC
- BTL Industries
- EMS Physio Ltd.
- Knight Health Holdings LLC
- ProActive Physical Therapy
- ITO Co. Ltd.
- AmeriCare Physical Therapy
- Therapydia Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | March 2025 |
| Forecast Period | 2025 - 2029 |
| Estimated Market Value ( USD | $ 29.95 Billion |
| Forecasted Market Value ( USD | $ 37.54 Billion |
| Compound Annual Growth Rate | 5.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 31 |
