Pune, India -- (SBWIRE) -- 03/21/2019 -- The Physiotherapy Devices Market's segment market shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates. Each segment represented visually with supporting reasons to justify the growth rates. IGR's report also covers drivers and restraints in the physiotherapy devices market.

Infinium Global Research's report covers the annual growth of the global physiotherapy devices market. It also includes chapters on the global physiotherapy devices industry trends, geographic analysis, and competitive landscape.

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The top key players included in the physiotherapy devices market report are DJO Global, Physical Therapy Products, RICHMAR, Zynex Medical, Dynatronics Corporation, Life Care Systems, Performance Health, BTL, EMS Physio Ltd., and Isokinetic Inc.

The report also includes a SWOT analysis to present the indicators of strength, weakness, prospects, and risk of the market until the completion of the projection period in 2024.

Physiotherapy Devices Market: Industry Insights

Physiotherapy includes assessment and treatment for disorders, diseases, and disability and it can diagnose by using physical treatments. Several types of physiotherapy equipment are used by physical therapists for the treatment of diseases, and disabilities. Physiotherapy equipment is used in treatments of cancer, cardiovascular diseases, palliative care, and musculoskeletal conditions.

Physiotherapy Devices Market: Drivers and Restraints

Growing geriatric population throughout the world drives the growth of physiotherapy devices market. These physiotherapy devices are beneficial to the geriatric population. Furthermore, the rising prevalence of cardiovascular diseases and neurological disorders drives the growth of physiotherapy devices market. Cardiovascular disease listed as one of the basic and leading causes of death. Cardiovascular diseases and neurological disorders can be treated by physiotherapy. Advancement in technologies provides beneficial opportunities for physiotherapy devices market.

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Physiotherapy Devices Market: Segmentation

The Global Physiotherapy Devices Market Is Projected to Grow at A CAGR of 6.40% Over the Forecast Period Of 2018-2024.

Physiotherapy devices market categorized into product, application, and end-user. On the basis of product type, the physiotherapy devices market is segmented into ultrasound, continuous passive motion (CPM), hydrotherapy, laser therapy, electrotherapy, cryotherapy, heat therapy, assistive devices, and others. Among these cryotherapy offers benefits such as reduction in migraine symptoms, numbs nerve irritation and reduces arthritic pain. On the basis of application, physiotherapy devices market segmented into cardiovascular, neurology, musculoskeletal, and others. Use of physiotherapy devices is increasing in cardiovascular disease as cardiovascular diseases are one the major cause of death. On the basis of end-user, the physiotherapy devices market includes a rehabilitation center, physiotherapy clinic, hospitals, and others.

Physiotherapy Devices Market: Regional Insights

North America holds the largest market share for physiotherapy devices market owing to the rise in awareness of physiotherapy devices in the region. Cardiovascular disease, listed as one of the basic causes of death, accounts for nearly 801,000 deaths in the US that are about 1 of every 3 deaths in the US. Cardiovascular disease is one of the leading cause of death in the region, therefore, demand for physiotherapy devices in the region has been increased. Asia Pacific is the fastest growing region for physiotherapy devices market. Increasing geriatric population fuels the demand for physiotherapy devices market in the region.

Physiotherapy Devices Market: Competitive Analysis

The prominent players in the physiotherapy devices market are DJO Global, Physical Therapy Products, RICHMAR, Zynex Medical, Dynatronics Corporation, Life Care Systems, Performance Health, BTL, EMS Physio Ltd., and Isokinetic Inc. and among others.

In March 2017, Dynatronics Corporation has announced an agreement to acquire substantially all of the assets of Hausmann Industries, Inc. Hausmann Industries, Inc. is a manufacturer of branded, high-quality physical therapy and athletic training products. The purchase price was approximately $10.0 million in cash.