Market Analysis - Physiotherapy Conference 2020
Physiotherapy, also known as physical therapy, is a type of treatment provided by healthcare providers for the development, maintenance, and restoration of a human body’s ability to move and function. This research study involved the usage of extensive secondary sources, directories, and databases, to identify and collect information useful for this technical, market-oriented, and commercial study of the global physiotherapy and its equipment market.
WHO’s National Institute on Aging states that prevalence of dementia and neurodegenerative disorders are expected to rise sharply (25–30%) with growing age. Dementia is ultimately accompanied by loss of reasoning, speech, and motor functions. Chronic diseases and lifestyle-related habits contribute to approximately 75% of the health costs
The PPACA regulation has affected Americans and is expected to impact physical therapists in the future. The rise in the number of patients suffering from cardiovascular, neurological, and musculoskeletal diseases are expected to further propel the demand for this equipment in future, not only in the developed economies but also in emerging economies such as India and China. This market is expected to grow rapidly in the next few years due to continued westernization and urbanization in the emerging economies of China, Brazil and India.
Physiotherapy services have also become more affordable for households over the past 5 years, as disposable incomes have grown. Industry revenue is forecast to rise at an annualized 3.5% over the 5 years through 2017-18, to reach $1.8Bn.
The Physiotherapy Services industry is characterised by a low level of concentration and a high degree of fragmentation. The industry's top 4 firms account for less than 10% of industry revenue. Firms within the industry tend to be small, with almost half of physiotherapy practices operating as sole proprietorships. The high number of small businesses and a low number of bigger businesses, combined with the industry's strong profit margins, demonstrates that industry operators have little need to increase economies of scale through consolidation.
The overall market for wearable therapeutic contraptions was regarded at $4.8 billion of each 2015. This market is required to increase from $5.5 billion of each 2016 to about $19.5 billion out of 2022 at a compound yearly improvement rate (CAGR) of 28.8% for 2016-2022.
The overall recuperation robots market will create at a CAGR of around 23% by 2022. Restoration devises showcase in Europe is relied upon to witness a languid development attributable to decelerating financial development and human services industry. The tremendous R&D speculations by sellers have brought about fast innovative improvements that will, thusly, prompt the rise of cutting edge recovery robots.
The physiotherapy hardware advertises is separated considering items, end clients, applications, and topographies. In view of the sort of items, the physiotherapy hardware advertises is divided into gear and extras. The hardware segment is additionally characterized into ultrasound, hydrotherapy, warm treatment, cryotherapy, persistent uninvolved movement (CPM), electric incitement, remedial activities, and others like laser treatment, wax treatment, and footing. The extras portion is additionally bifurcated into or thoses and other assistive gadgets (walkers, wheelchairs, and braces). Hardware represented the biggest offer ~65% of the worldwide physiotherapy advertises in 2014.
8th International Conference & Exhibition on Physiotherapy & Physical Rehabilitation during March 18-19, 2020, London, UK invites all the participants from all over the world to attend the top physiotherapy conference includes prompt keynote presentations, Oral talks, Poster presentations, Young Researcher Forum, and Exhibitions. Physiotherapy & Physical Rehabilitation will focus on innovative technologies leading to the development of both assessment and rehabilitation tools, the conference will feature inspiring scientific presentations and plenary speakers, enhancing interactions between engineers and physiotherapists.
Physiotherapy Professional, Physiotherapists, Practitioners, Therapists and Treatment providers, relevant clinical applications in fields such as neurology, orthopedics, and respiratory physiotherapy will be discussed throughout the workshops. Conference Series Ltd organizes a conference series of 1000+ Global Events inclusive of 300+ Conferences, 500+ Upcoming and Previous Symposiums and Workshops in USA, Europe & Asia with support from 1000 more scientific societies and publishes 700+ Open access journals which contain over 30000 eminent personalities, reputed scientists as editorial board members.