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US Physical Therapy Market Size and Forecast, Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Therapy, Application, Age Group, End User, and Country

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    Report

  • 80 Pages
  • May 2024
  • Region: United States
  • The Insight Partners
  • ID: 5978792
UP TO OFF until Dec 31st 2024
The US physical therapy market size is expected to grow from US$ 46.75 billion in 2023 to US$ 87.83 billion by 2031; it is projected to register a CAGR of 8.2% during 2023-2031.

Physical therapy is a component of rehabilitation that involves exercises of parts such as the back, upper arms, and legs to modulate their physiology for the betterment of health. This type of therapy aids in improving joint and muscle function, helping people stand, balance, walk, and climb stairs with confidence. Physical therapy includes exercises aiding active body movements, and the treatments are based on physical stimuli such as heat, cold, electrical currents, and ultrasound. These therapies can be used to treat short-term disabilities associated with accidental injuries and acute orthopedic conditions that become chronic conditions. The growing importance of physical therapists and increasing direct access to therapy are noteworthy factors contributing to the expansion of the US physical therapy market size. However, burnout among physical therapists hinders the US physical therapy market growth as physical therapists these days are highly stressed as they need to deliver excellent patient care with limited time and resources.

End User-Based Insights

Based on end user, the US physical therapy market is segmented into hospitals and clinics, rehabilitation centers, sports and fitness facilities, and other end users. The rehabilitation centers segment held the largest US physical therapy market share in 2023 and is expected to register the highest CAGR in the market during 2023-2031. Rehabilitation centers for physical therapy are specifically associated with physical treatment and do not refer to criminal rehabilitation or substance abuse. They play a vital role in enabling speedy recovery and help decrease the chance of re-injury among patients. These healthcare facilities offer unique and individual programs for the betterment of patients with chronic conditions. The rehabilitation centers for physical therapy are inpatient facilities where patients can receive acute care therapies such as physical therapy, occupational therapy, and vestibular rehabilitation that help a person reinstate function after injury, illness, or post-surgical conditions. Rehabilitation centers offer therapy for patients suffering from injuries and nervous system disorders and for those who have undergone hip replacement surgeries. They assist in improving their function and help reduce the symptoms of immobility. These centers appoint highly skilled professionals and their teams that provide support to patients during their treatment. Thus, the ultimate purpose of rehabilitation centers for physical therapy is to provide assistance to patients in recovering and resuming as much independence as possible in their homes.

Parkinson's Foundation, Centers for Disease Control and Prevention, National Spinal Cord Injury Data Sheet, and Back Pain Statistics & Facts are among the primary and secondary sources referred to while preparing the US physical therapy market report.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Market Definition, Assumptions and Limitations
1.3 Market Segmentation
2. Executive Summary
2.1 Key Insights
3. Research Methodology
4. Physical Therapy Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. Physical Therapy Market - Key Market Dynamics
5.1 Key Market Drivers
5.2 Key Market Restraints
5.3 Key Market Opportunities
5.4 Future Trends
5.5 Impact Analysis of Drivers and Restraints
6. Physical Therapy Market - US Market Analysis
6.1 Physical Therapy - US Market Overview
6.2 Physical Therapy - US Market and Forecast to 2031
7. Physical Therapy Market - Revenue Analysis (USD Million) - By Therapy, 2021-2031
7.1 Overview
7.2 Laser Therapy
7.3 Electrotherapy
7.4 Cryotherapy
7.5 Ultrasound
7.6 Heat Therapy
7.7 Other Therapies
8. Physical Therapy Market - Revenue Analysis (USD Million) - By Application, 2021-2031
8.1 Overview
8.2 Orthopedic
8.3 Neurological
8.4 Cardiovascular and Pulmonary
8.5 Others
9. Physical Therapy Market - Revenue Analysis (USD Million) - By Age Group, 2021-2031
9.1 Overview
9.2 Pediatrics
9.3 Adult
9.4 Geriatric
10. Physical Therapy Market - Revenue Analysis (USD Million) - By End User, 2021-2031
10.1 Overview
10.2 Hospitals and Clinics
10.3 Rehabilitation Center
10.4 Sports and Fitness Facilities
10.5 Other End Users
11. Industry Landscape
11.1 Mergers and Acquisitions
11.2 Agreements, Collaborations, Joint Ventures
11.3 New Product Launches
11.4 Expansions and Other Strategic Developments
12. Competitive Landscape
12.1 Heat Map Analysis by Key Players
12.2 Company Positioning and Concentration
13. Physical Therapy Market - Key Company Profiles
13.1 ATI Physical Therapy
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
Note - Similar information would be provided for below list of companies
13.2 Physical Therapy NOW
13.3 The Jackson Clinics
13.4 Select Physical Therapy
13.5 Onward Physical Therapy
13.6 PT SOLUTIONS
13.7 Peak Performance Physical Therapy
13.8 Athletico Physical Therapy
13.9 Upstream Rehabilitation Inc.
13.10 Confluent Therapy Solutions
14. Appendix
14.1 Glossary
14.2 About the Publisher
14.3 Market Intelligence Cloud
List of Tables
Table 1. US Physical Therapy Market Segmentation
Table 2. US Physical Therapy Market - Revenue and Forecast to 2031 (US$ Million) - by Therapy
Table 3. US Physical Therapy Market - Revenue and Forecast to 2031 (US$ Million) - by Application
Table 4. US Physical Therapy Market - Revenue and Forecast to 2031 (US$ Million) - by Age Group
Table 5. US Physical Therapy Market - Revenue and Forecast to 2031 (US$ Million) - by End User
Table 6. Recent Organic Growth Strategies in US Physical Therapy Market
Table 7. Recent Inorganic Growth Strategies in the US Physical Therapy Market
Table 8. Glossary of Terms, US Physical Therapy Market
List of Figures
Figure 1. PEST Analysis
Figure 2. Impact Analysis of Drivers and Restraints
Figure 3. US Physical Therapy Market Revenue (US$ Million), 2023-2031
Figure 4. US Physical Therapy Market Share (%) - by Therapy, 2023 and 2031
Figure 5. Laser Therapy: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 6. Electrotherapy: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 7. Cryotherapy: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 8. Ultrasound: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 9. Heat Therapy: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 10. Other Therapies: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 11. US Physical Therapy Market Share (%) - by Application, 2023 and 2031
Figure 12. Orthopedic: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 13. Neurological: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 14. Cardiovascular and Pulmonary: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 15. Other: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 16. US Physical Therapy Market Share (%) - by Age Group, 2023 and 2031
Figure 17. Pediatrics: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 18. Adult: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 19. Geriatric: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 20. US Physical Therapy Market Share (%) - by End User, 2023 and 2031
Figure 21. Hospitals and Clinics: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 22. Rehabilitation Centers: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 23. Sports and Fitness Facilities: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 24. Other End Users: US Physical Therapy Market- Revenue and Forecast to 2031 (US$ Million)
Figure 25. Growth Strategies in US Physical Therapy Market

Companies Mentioned

  • ATI Physical Therapy, Inc.
  • Physical Therapy Now
  • The Jackson Clinics
  • Select Physical Therapy
  • Onward Physical Therapy
  • PT SOLUTIONS
  • Athletico Physical Therapy
  • Confluent Therapy Solutions
  • Peak Performance Physical Therapy
  • Upstream Rehabilitation Inc.

Table Information