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Data Bridge Market Research has released a new comprehensive study titled, “Nerve Repair Biomaterials Market “, which will ensure that you are better informed than the competition. This comprehensive study offers a wider perspective on the market with its market insights and analyses, which helps to ensure survival and success.
Physical Therapy Market is a term that refers to a variety of procedures used to relieve pain and restore mobility to injured human body parts like limbs and joints. It gives those with serious musculoskeletal and neuromuscular issues, whether acquired or inherited, a new lease on life. It’s also administered to patients after procedures like joint replacement and muscle restoration, in which a bodily portion is immobilised for an extended length of time. Since medical improvements have boosted the survival rate of premature infants and trauma and stroke victims, the demand for evaluation and treatment of their biophysical disorders has grown. This is propelling the global physical therapy services market to new heights.
Data Bridge Market Research analyses that the physical therapy market which was USD 23.1 billion in 2021, would rocket up to USD 37.24 billion by 2029, and is expected to undergo a CAGR of 6.15% during the forecast period 2022 to 2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Physical therapy is a type of treatment that employs practises such as exercise, massage, and others to alleviate any sickness or wound. Geriatric physical treatments, cardiac and pulmonary physiotherapy, neurological physiotherapy, and other sorts of fleshly therapies are some of the most common.
Drivers
The market is predicted to rise due to an increase in the number of incidents occurring around the world. Other factors such as advancements in healthcare facilities, availability of physical therapy at healthcare facilities such as hospitals, private practises, and others, rising population ageing, and increasing number of people suffering from neurological disease are expected to boost the physical therapy market from 2022 to 2029.
Low treatment costs for physical therapy rehabilitation solutions, increasing launches and approvals of novel virtual physical therapy solutions, and growing collaborations and partnerships among market participants are all factors driving market expansion. Physiotherapy equipment demand is predicted to rise as a result of technological advancements and novelties by leading businesses, boosting market growth.
The overall growth of global physical therapy rehabilitation solutions is likely to be driven by rising awareness of the value of physical treatment that produces benefits without side effects. People receive physical therapy in a variety of venues, including hospitals, outpatient clinics, private offices, sports and fitness activities, and others. Physical therapy services are in higher demand in elementary and secondary schools and sports and fitness centres for special education kids.
Recent Development
In April 2020, ATI Physical Therapy, a privately held, nationally recognised healthcare organisation based in the United States that specialises in outpatient rehabilitation and related healthcare services, has introduced a virtual or online physical therapy service.
Some of the major players operating in the physical therapy market are:
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Global Physical Therapy Market Scope
Age group
Application
End-user
Treatment Procedure
Physical Therapy Market Regional Analysis/Insights
The physical therapy market is analysed and market size insights and trends are provided by country, age group, treatment procedure, application and end-user as referenced above.
The countries covered in the physical therapy market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market owing to the rise in accidents, the incidence of osteoporosis, and the number of old people (60 and above).
The Asia-Pacific (APAC) region is projected to witness an impressive growth rate in the coming years due to growth in disposable income (outcome of robust economic growth), and refining healthcare organization.
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