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 physiotherapy and rehabilitation products and services market size has grown strongly in recent years. It will grow from $217.18 billion in 2024 to $233.19 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 demographics, increasing awareness and acceptance of physiotherapy, the shift towards outpatient care and home-based rehabilitation, and regulatory and reimbursement policies.
The physiotherapy and rehabilitation products and services market size is expected to see strong growth in the next few years. It will grow to $305.85 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to the rising incidence of chronic conditions, the shift towards outpatient care, increasing awareness and accessibility, and advancements in technology. Major trends in the forecast period include continued integration of technology such as virtual reality (VR), augmented reality (AR), artificial intelligence (AI), focus on preventive care and wellness, personalized treatment approaches, and innovations in assistive devices and robotics.
The growing geriatric population is expected to drive the expansion of the physiotherapy and rehabilitation products and services market. The geriatric population, typically defined as individuals aged 65 and older, faces specific health challenges and needs related to aging. As this demographic continues to rise, there will be an increased demand for physiotherapy and rehabilitation products and services, as older adults often require specialized aids and equipment to manage age-related mobility issues and improve their overall well-being. This trend presents significant growth opportunities for companies targeting the aging population. For example, in January 2024, the Population Reference Bureau (PRB), a U.S.-based nonprofit organization, projected that the number of Americans aged 65 and older will increase from 58 million in 2022 to 82 million by 2050, a 47% rise, with their share of the total population growing from 17% to 23%. As a result, the increasing geriatric population is fueling the growth of the physiotherapy and rehabilitation products and services market.
Leading companies in the physiotherapy and rehabilitation products and services market are concentrating on the development of new technologies, such as advanced virtual reality-based platforms, to capitalize on market opportunities. Virtual reality-based platforms offer immersive and interactive experiences for patients undergoing therapy, enhancing engagement and treatment outcomes. For instance, Penumbra Inc. introduced the REAL y-Series in November 2022, a full-body, non-tethered immersive healthcare offering for rehabilitation. This technology utilizes upper and lower body sensors to track whole-body movement and progress in real-time, providing clinicians with a hands-free, sensor-based virtual reality (VR) platform to customize exercises and activities tailored to patients' needs. By addressing rehabilitation challenges such as patient motivation and engagement, this innovative technology aims to optimize therapy benefits and improve patient outcomes.
In August 2023, ReWalk Robotics Ltd., a U.S.-based medical devices company, acquired AlterG, Inc. for $0.019 billion. This acquisition enables the merged entity to offer expanded access to new rehabilitation technologies, both in clinics and for home use. AlterG, Inc. is a U.S.-based medical device company specializing in anti-gravity systems designed for physical and neurological rehabilitation applications.
Major companies operating in the physiotherapy and rehabilitation products and services market are Medline Industries Inc., Stryker Corporation, Select Medical Corporation, Icahn School of Medicine at Mount Sinai, ITO Co. Ltd., Enovis Corporation, Ottobock, DJO Global Inc., Upstream Rehabilitation Inc., Össur (OSSR.CO), Patterson Medical, ATI Physical Therapy Inc., U.S. Physical Therapy Inc., BSN Medical GmbH, Athletico Physical Therapy, Zynex Medical Inc., Performance Health, Zimmer MedizinSysteme GmbH, Dynatronics Corporation, Biodex Medical Systems Inc., MindMaze Healthcare, Enraf-Nonius B.V., EMS Physio Ltd., Tartan Group, Lifespan Physical Therapy Services.
North America was the largest region in the physiotherapy and rehabilitation products and services market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physiotherapy and rehabilitation products and services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the physiotherapy and rehabilitation products and services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The physiotherapy and rehabilitation products and services market consists of revenues earned by entities providing services such as hydrotherapy, cryotherapy, speech therapy, respiratory therapy, and occupational therapy. The market value includes the value of related goods sold by the service provider or included within the service offering. The physiotherapy and rehabilitation products and services market also includes sales of resistance bands, weights, exercise balls, balance boards, stationary bicycles, plints, and orthopedic shoe inserts. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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).
Physiotherapy and rehabilitation products and services encompass a diverse array of equipment, tools, and treatments aimed at facilitating the recovery and enhancement of physical function and mobility for individuals with physical impairments or injuries. These offerings include exercise equipment, assistive devices, therapeutic modalities, and personalized treatment plans tailored to meet the specific needs of each patient.
The primary categories of physiotherapy and rehabilitation products and services comprise physiotherapy equipment and rehabilitation services. Physiotherapy products encompass a wide range of equipment, devices, aids, and accessories utilized by both physiotherapists and patients throughout the rehabilitation process. These products cater to individuals of all genders and various income brackets, offering multiple payment options such as out-of-pocket payments and insurance coverage. They serve a diverse range of end-users, predominantly including hospitals, physiotherapy centers or clinics, rehabilitation facilities, home care settings, physician offices, nursing and residential homes, among others.
The physiotherapy and rehabilitation products and services market research report is one of a series of new reports that provides physiotherapy and rehabilitation products and services market statistics, including physiotherapy and rehabilitation products and services industry global market size, regional shares, competitors with a physiotherapy and rehabilitation products and services market share, detailed physiotherapy and rehabilitation products and services market segments, market trends and opportunities, and any further data you may need to thrive in the physiotherapy and rehabilitation products and services industry. This physiotherapy and rehabilitation products and services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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 physiotherapy and rehabilitation products and services market size has grown strongly in recent years. It will grow from $217.18 billion in 2024 to $233.19 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 demographics, increasing awareness and acceptance of physiotherapy, the shift towards outpatient care and home-based rehabilitation, and regulatory and reimbursement policies.
The physiotherapy and rehabilitation products and services market size is expected to see strong growth in the next few years. It will grow to $305.85 billion in 2029 at a compound annual growth rate (CAGR) of 7%. The growth in the forecast period can be attributed to the rising incidence of chronic conditions, the shift towards outpatient care, increasing awareness and accessibility, and advancements in technology. Major trends in the forecast period include continued integration of technology such as virtual reality (VR), augmented reality (AR), artificial intelligence (AI), focus on preventive care and wellness, personalized treatment approaches, and innovations in assistive devices and robotics.
The growing geriatric population is expected to drive the expansion of the physiotherapy and rehabilitation products and services market. The geriatric population, typically defined as individuals aged 65 and older, faces specific health challenges and needs related to aging. As this demographic continues to rise, there will be an increased demand for physiotherapy and rehabilitation products and services, as older adults often require specialized aids and equipment to manage age-related mobility issues and improve their overall well-being. This trend presents significant growth opportunities for companies targeting the aging population. For example, in January 2024, the Population Reference Bureau (PRB), a U.S.-based nonprofit organization, projected that the number of Americans aged 65 and older will increase from 58 million in 2022 to 82 million by 2050, a 47% rise, with their share of the total population growing from 17% to 23%. As a result, the increasing geriatric population is fueling the growth of the physiotherapy and rehabilitation products and services market.
Leading companies in the physiotherapy and rehabilitation products and services market are concentrating on the development of new technologies, such as advanced virtual reality-based platforms, to capitalize on market opportunities. Virtual reality-based platforms offer immersive and interactive experiences for patients undergoing therapy, enhancing engagement and treatment outcomes. For instance, Penumbra Inc. introduced the REAL y-Series in November 2022, a full-body, non-tethered immersive healthcare offering for rehabilitation. This technology utilizes upper and lower body sensors to track whole-body movement and progress in real-time, providing clinicians with a hands-free, sensor-based virtual reality (VR) platform to customize exercises and activities tailored to patients' needs. By addressing rehabilitation challenges such as patient motivation and engagement, this innovative technology aims to optimize therapy benefits and improve patient outcomes.
In August 2023, ReWalk Robotics Ltd., a U.S.-based medical devices company, acquired AlterG, Inc. for $0.019 billion. This acquisition enables the merged entity to offer expanded access to new rehabilitation technologies, both in clinics and for home use. AlterG, Inc. is a U.S.-based medical device company specializing in anti-gravity systems designed for physical and neurological rehabilitation applications.
Major companies operating in the physiotherapy and rehabilitation products and services market are Medline Industries Inc., Stryker Corporation, Select Medical Corporation, Icahn School of Medicine at Mount Sinai, ITO Co. Ltd., Enovis Corporation, Ottobock, DJO Global Inc., Upstream Rehabilitation Inc., Össur (OSSR.CO), Patterson Medical, ATI Physical Therapy Inc., U.S. Physical Therapy Inc., BSN Medical GmbH, Athletico Physical Therapy, Zynex Medical Inc., Performance Health, Zimmer MedizinSysteme GmbH, Dynatronics Corporation, Biodex Medical Systems Inc., MindMaze Healthcare, Enraf-Nonius B.V., EMS Physio Ltd., Tartan Group, Lifespan Physical Therapy Services.
North America was the largest region in the physiotherapy and rehabilitation products and services market in 2024. Asia Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the physiotherapy and rehabilitation products and services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the physiotherapy and rehabilitation products and services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The physiotherapy and rehabilitation products and services market consists of revenues earned by entities providing services such as hydrotherapy, cryotherapy, speech therapy, respiratory therapy, and occupational therapy. The market value includes the value of related goods sold by the service provider or included within the service offering. The physiotherapy and rehabilitation products and services market also includes sales of resistance bands, weights, exercise balls, balance boards, stationary bicycles, plints, and orthopedic shoe inserts. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
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).
Physiotherapy and rehabilitation products and services encompass a diverse array of equipment, tools, and treatments aimed at facilitating the recovery and enhancement of physical function and mobility for individuals with physical impairments or injuries. These offerings include exercise equipment, assistive devices, therapeutic modalities, and personalized treatment plans tailored to meet the specific needs of each patient.
The primary categories of physiotherapy and rehabilitation products and services comprise physiotherapy equipment and rehabilitation services. Physiotherapy products encompass a wide range of equipment, devices, aids, and accessories utilized by both physiotherapists and patients throughout the rehabilitation process. These products cater to individuals of all genders and various income brackets, offering multiple payment options such as out-of-pocket payments and insurance coverage. They serve a diverse range of end-users, predominantly including hospitals, physiotherapy centers or clinics, rehabilitation facilities, home care settings, physician offices, nursing and residential homes, among others.
The physiotherapy and rehabilitation products and services market research report is one of a series of new reports that provides physiotherapy and rehabilitation products and services market statistics, including physiotherapy and rehabilitation products and services industry global market size, regional shares, competitors with a physiotherapy and rehabilitation products and services market share, detailed physiotherapy and rehabilitation products and services market segments, market trends and opportunities, and any further data you may need to thrive in the physiotherapy and rehabilitation products and services industry. This physiotherapy and rehabilitation products and services market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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. Physiotherapy and Rehabilitation Products and Services Market Characteristics3. Physiotherapy and Rehabilitation Products and Services Market Trends and Strategies4. Physiotherapy and Rehabilitation Products and Services Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Physiotherapy and Rehabilitation Products and Services Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Physiotherapy and Rehabilitation Products and Services Market34. Recent Developments in the Physiotherapy and Rehabilitation Products and Services Market
5. Global Physiotherapy and Rehabilitation Products and Services Growth Analysis and Strategic Analysis Framework
6. Physiotherapy and Rehabilitation Products and Services Market Segmentation
7. Physiotherapy and Rehabilitation Products and Services Market Regional and Country Analysis
8. Asia-Pacific Physiotherapy and Rehabilitation Products and Services Market
9. China Physiotherapy and Rehabilitation Products and Services Market
10. India Physiotherapy and Rehabilitation Products and Services Market
11. Japan Physiotherapy and Rehabilitation Products and Services Market
12. Australia Physiotherapy and Rehabilitation Products and Services Market
13. Indonesia Physiotherapy and Rehabilitation Products and Services Market
14. South Korea Physiotherapy and Rehabilitation Products and Services Market
15. Western Europe Physiotherapy and Rehabilitation Products and Services Market
16. UK Physiotherapy and Rehabilitation Products and Services Market
17. Germany Physiotherapy and Rehabilitation Products and Services Market
18. France Physiotherapy and Rehabilitation Products and Services Market
19. Italy Physiotherapy and Rehabilitation Products and Services Market
20. Spain Physiotherapy and Rehabilitation Products and Services Market
21. Eastern Europe Physiotherapy and Rehabilitation Products and Services Market
22. Russia Physiotherapy and Rehabilitation Products and Services Market
23. North America Physiotherapy and Rehabilitation Products and Services Market
24. USA Physiotherapy and Rehabilitation Products and Services Market
25. Canada Physiotherapy and Rehabilitation Products and Services Market
26. South America Physiotherapy and Rehabilitation Products and Services Market
27. Brazil Physiotherapy and Rehabilitation Products and Services Market
28. Middle East Physiotherapy and Rehabilitation Products and Services Market
29. Africa Physiotherapy and Rehabilitation Products and Services Market
30. Physiotherapy and Rehabilitation Products and Services Market Competitive Landscape and Company Profiles
31. Physiotherapy and Rehabilitation Products and Services Market Other Major and Innovative Companies
35. Physiotherapy and Rehabilitation Products and Services Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Physiotherapy And Rehabilitation Products And Services Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on physiotherapy and rehabilitation products and services 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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Description
Where is the largest and fastest growing market for physiotherapy and rehabilitation products and services? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The physiotherapy and rehabilitation products and services 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 Product Type: Physiotherapy; Rehabilitation2) By Gender: Male; Female
3) By Income Group: Low; Middle; High
4) By Payment Mode: Out-Of-Pocket; Insurance Payers
5) By End User: Hospitals; Physiotherapy Centers Or Clinics; Rehabilitation Centers; Home Care Settings; Physician Offices; Nursing And Residential Homes; Other End-users
Subsegments:
1) By Physiotherapy: Manual Therapy Equipment; Exercise Therapy Equipment; Electrotherapy Equipment; Hydrotherapy Equipment; Posture Correctors And Braces2) By Rehabilitation: Mobility Aids; Orthopedic Braces And Supports; Continuous Passive Motion (CPM) Devices; Neurorehabilitation Devices; Prosthetics And Orthotics
Key Companies Mentioned: Medline Industries Inc.; Stryker Corporation; Select Medical Corporation; Icahn School of Medicine at Mount Sinai; ITO Co. Ltd.
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 Physiotherapy and Rehabilitation Products and Services market report include:- Medline Industries Inc.
- Stryker Corporation
- Select Medical Corporation
- Icahn School of Medicine at Mount Sinai
- ITO Co. Ltd.
- Enovis Corporation
- Ottobock
- DJO Global Inc.
- Upstream Rehabilitation Inc.
- Össur (OSSR.CO)
- Patterson Medical
- ATI Physical Therapy Inc.
- U.S. Physical Therapy Inc.
- BSN Medical GmbH
- Athletico Physical Therapy
- Zynex Medical Inc.
- Performance Health
- Zimmer MedizinSysteme GmbH
- Dynatronics Corporation
- Biodex Medical Systems Inc.
- MindMaze Healthcare
- Enraf-Nonius B.V.
- EMS Physio Ltd.
- Tartan Group
- Lifespan Physical Therapy Services
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 233.19 Billion |
Forecasted Market Value ( USD | $ 305.85 Billion |
Compound Annual Growth Rate | 7.0% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |