Market Overview:
The global physical therapy services market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and growing demand for physical therapy services. Based on type, the pediatric physical therapy services segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 7.8% from 2018 to 2030 due to increasing incidence of chronic diseases among children and rising awareness about early intervention therapies among parents/caregivers. Based on application, orthopedic physical therapy services are expected to account for the largest share of the global market in 2018.
Product Definition:
Physical therapy services are medically necessary interventions that are prescribed and performed by a licensed physical therapist to improve, maintain, or restore function; relieve pain; and prevent disability.
Pediatrics:
This study aims at providing an analysis of the current market scenario and future growth prospects for pediatrics, it's usage and growth factor in physical therapy services market. Pediatric is defined as the disease or condition occurring between the ages of 1 to 17. Physical Therapy (PT) helps patients recover from injuries or damages done to muscles, bones, nerves & joints by sports activities or accidental injury. PT also helps improve mobility & coordination among other things.
Adults:
Adults and its usage in Physical Therapy Services market is a new emerging trend in the field of physical therapy. The main factor responsible for this change of trend is that adults are more likely to get well faster than children. Adults have more experience and they can withstand high impact, so they prefer physical therapy over pediatric care.
Also, adults are physically stronger than children which gives them an advantage while undergoing PT; therefore it reduces the risk of injury significantly.
Application Insights:
The others application segment accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. This can be attributed to an increase in demand for physical therapy services after surgery, such as post-surgical rehabilitation, sports injury treatment, and pain management. The orthopedic physical therapy segment is also expected to witness significant growth during the forecast period owing to an increase in musculoskeletal disorders globally. According Physical therapist jobs opening up due to a rise in geriatric population & increasing number of surgeries performed on a daily basis which requiresPTs., this field is anticipated ta grow at a lucrative rate over the next eight years.
Orthopedic physical therapy has been proven effective not only at treating musculoskeletal disorders but also at preventing them through early diagnosis and treatment of common injuries such as strains & sports injuries.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high awareness among people about physical therapy and its benefits, and availability of highly skilled physical therapists are some factors responsible for its large share. Moreover, increasing government initiatives to create awareness regarding PT services is also expected to drive the regional market over the forecast period. For instance, as part of efforts to promote sports participation in U.S., APTA has developed a strategic initiative called “Get moving†which promotes healthy living through active recreation by working with federal agencies and other organizations that represent health professionals & fitness centers across U.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to rising disposable income levels; growing population base suffering from chronic diseases such as diabetes; improving healthcare facilities especially hospitals & clinics; rising medical tourism due to lower treatment costs compared with western countries;.
Growth Factors:
- Increasing geriatric population: The global population of people aged 60 years and above is expected to more than double from 524 million in 2010 to 1.3 billion by 2050, according to the United Nations Department of Economic and Social Affairs (UNDESA). This will create a large pool of patients with musculoskeletal conditions that will require physical therapy services.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as arthritis, diabetes, and heart disease is increasing worldwide due to changing lifestyles and aging populations. These conditions are the leading causes of disability, which often require physical therapy for management or rehabilitation.
- Advances in medical technology: New medical technologies such as robotic-assisted surgery and 3D printing are being developed at a rapid pace and are increasingly being used in physical therapy treatments. This is driving demand for physical therapists who can use these technologies effectively to improve patient outcomes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Physical Therapy Services Market Research Report
By Type
Pediatrics, Adults, Elderly
By Application
Orthopedic Physical Therapy, Geriatric Physical Therapy, Neurological Physical Therapy, Cardiopulmonary and Pulmonary Physical Therapy, Others
By Companies
Olean Physical Therapy, Graceville Physiotherapy, OSHER, AmeriCare Physical Therapy, Rehab Alternatives, FullMotion Physical Therapy, PIVOT Physical Therapy, SPI ProHealth, Meier & Marsh Physical Therapy
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Physical Therapy Services Market Report Segments:
The global Physical Therapy Services market is segmented on the basis of:
Types
Pediatrics, Adults, Elderly
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Orthopedic Physical Therapy, Geriatric Physical Therapy, Neurological Physical Therapy, Cardiopulmonary and Pulmonary Physical Therapy, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Olean Physical Therapy
- Graceville Physiotherapy
- OSHER
- AmeriCare Physical Therapy
- Rehab Alternatives
- FullMotion Physical Therapy
- PIVOT Physical Therapy
- SPI ProHealth
- Meier & Marsh Physical Therapy
Highlights of The Physical Therapy Services Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Pediatrics
- Adults
- Elderly
- By Application:
- Orthopedic Physical Therapy
- Geriatric Physical Therapy
- Neurological Physical Therapy
- Cardiopulmonary and Pulmonary Physical Therapy
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Physical Therapy Services Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Physical therapy services are a type of care that helps people with physical disabilities regain their mobility and independence. Physical therapists work with patients to help them regain strength, flexibility, and balance. They also help patients learn how to use adaptive equipment such as wheelchairs or crutches.
Some of the major players in the physical therapy services market are Olean Physical Therapy, Graceville Physiotherapy, OSHER, AmeriCare Physical Therapy, Rehab Alternatives, FullMotion Physical Therapy, PIVOT Physical Therapy, SPI ProHealth, Meier & Marsh Physical Therapy.
The physical therapy services market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Physical Therapy Services Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Physical Therapy Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Physical Therapy Services Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Physical Therapy Services Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Physical Therapy Services Market Size & Forecast, 2020-2028
4.5.1 Physical Therapy Services Market Size and Y-o-Y Growth
4.5.2 Physical Therapy Services Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Pediatrics
5.2.2 Adults
5.2.3 Elderly
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Orthopedic Physical Therapy
6.2.2 Geriatric Physical Therapy
6.2.3 Neurological Physical Therapy
6.2.4 Cardiopulmonary and Pulmonary Physical Therapy
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Physical Therapy Services Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Physical Therapy Services Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Pediatrics
9.6.2 Adults
9.6.3 Elderly
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Orthopedic Physical Therapy
9.10.2 Geriatric Physical Therapy
9.10.3 Neurological Physical Therapy
9.10.4 Cardiopulmonary and Pulmonary Physical Therapy
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Pediatrics
10.6.2 Adults
10.6.3 Elderly
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Orthopedic Physical Therapy
10.10.2 Geriatric Physical Therapy
10.10.3 Neurological Physical Therapy
10.10.4 Cardiopulmonary and Pulmonary Physical Therapy
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Pediatrics
11.6.2 Adults
11.6.3 Elderly
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Orthopedic Physical Therapy
11.10.2 Geriatric Physical Therapy
11.10.3 Neurological Physical Therapy
11.10.4 Cardiopulmonary and Pulmonary Physical Therapy
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Pediatrics
12.6.2 Adults
12.6.3 Elderly
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Orthopedic Physical Therapy
12.10.2 Geriatric Physical Therapy
12.10.3 Neurological Physical Therapy
12.10.4 Cardiopulmonary and Pulmonary Physical Therapy
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Pediatrics
13.6.2 Adults
13.6.3 Elderly
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Orthopedic Physical Therapy
13.10.2 Geriatric Physical Therapy
13.10.3 Neurological Physical Therapy
13.10.4 Cardiopulmonary and Pulmonary Physical Therapy
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Physical Therapy Services Market: Competitive Dashboard
14.2 Global Physical Therapy Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Olean Physical Therapy
14.3.2 Graceville Physiotherapy
14.3.3 OSHER
14.3.4 AmeriCare Physical Therapy
14.3.5 Rehab Alternatives
14.3.6 FullMotion Physical Therapy
14.3.7 PIVOT Physical Therapy
14.3.8 SPI ProHealth
14.3.9 Meier & Marsh Physical Therapy
