The Global Physiotherapy Services Market involves the provision of physical therapy treatments for reducing pain, promoting health and improving mobility, strength, and overall physical function. Physiotherapy utilizes various techniques such as therapeutic exercises, manual therapy, electrotherapy, ultrasound and others to treat musculoskeletal issues, chronic conditions and sports injuries. Conditions commonly treated through physiotherapy include back & neck pain, arthritis, tendinitis, osteoarthritis, fractures and neurological disorders. For patients recovering from surgery or injury, it plays a key role in helping them regain movement and re-build strength. The Global Physiotherapy Services Market is estimated to be valued at US$ 55.23 Bn in 2024 and is expected to exhibit a CAGR of 5.3% over the forecast period 2024 To 2031.
Key Takeaways
Key players operating in the Global Physiotherapy Services Market Size are ProRehab Physical Therapy, Physiotherapy Associates, Encompass Health, Upright Health, Select Medical Corporation, Rehacare, Celtic Healthcare, ATI Physical Therapy, GymnaUniphy, The Movement Clinic, Fyzical, Aspetar, Athletico Physical Therapy, Physitrack, Apollo Hospitals Enterprise Ltd. The rising geriatric population suffering from chronic conditions and the growing incidence of sports injuries and road accidents have increased the demand for physiotherapy services globally. Various companies are expanding their services to different geographies by opening new clinics or partnering with local establishments to cater to the growing need.
Key players in the Global Physiotherapy Services Market are focusing on expanding their services to different geographies by opening new clinics or partnering with local establishments. ProRehab Physical Therapy, the largest owner of outpatient physical therapy clinics in the U.S, acquired several clinics in 2021 to expand its footprint. Physiotherapy Associates, one of the largest private providers in the U.K., partnered with North Cumbria Integrated Care NHS Foundation Trust to provide services in the region.
The growing geriatric population worldwide is a major driver of the Global Physiotherapy Services Market. Population aging has led to a rise in chronic health conditions like arthritis that require physical rehabilitation and therapy. As per UN population data, there were approximately 703 million people aged 65 years and over globally in 2019 accounting for 9% of the world's population. Their numbers are projected to reach 1.5 billion by 2050. This rapid growth of the senior population base will augment demand.
Market Drivers
The rising prevalence of lifestyle diseases and chronic conditions due to obesity, lack of physical activity and unhealthy diets is a key driver for the Global Physiotherapy Services Market. Conditions like diabetes, cardiovascular diseases and musculoskeletal disorders that are associated with obesity require physiotherapy as part of treatment or management. As per WHO, in 2016, around 1.9 billion adults were overweight out of which over 650 million were obese. This has significantly increased the occurrence of associated health issues treatable through physiotherapy services.
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