Market Overview:
The global wearable physiotherapy market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of chronic diseases, rising geriatric population, and growing demand for home-based healthcare services. In addition, technological advancements in wearable physiotherapy devices are also contributing to the growth of this market. Based on type, the global wearable physiotherapy market is segmented into electric stimulator and pressure therapy unit. The electric stimulator segment is expected to grow at a higher CAGR than the pressure therapy unit segment during the forecast period from 2018 to 2030. This can be attributed to increasing adoption of electric stimulator devices for various applications such as pain relief, muscle stimulation, and nerve stimulation. Based on application, the global wearable physiotherapy market is divided into hospital care setting, clinic care setting, household care setting (including self-treatment), and other applications (such as sports). Among these segments, hospital care setting held majority share in 2017 and it is projected that this trend will continue during the forecast period from 2018 to 2030 owing high adoption rate of wearable physio devices by hospitals for various treatments such as rehabilitation post surgery or injury etc.
Product Definition:
Wearable physiotherapy is a form of physical therapy that uses devices that are worn on the body to help improve movement and function. These devices can include braces, supports, or wraps, as well as electrical stimulation or ultrasound machines. wearable physiotherapy can be used to treat a wide range of conditions, including sports injuries, back pain, and arthritis. It can also be used to improve joint range of motion and muscle strength.
Electric Stimulator:
Electric stimulator is a device that generates weak electric current to produce nerve stimulation for therapeutic purposes. It works on the principle of neurostimulation where weak electrical currents are applied to the skin surface through electrodes. These currents excite or trigger some brain cells and thus cause nerves to fire, which produces feel-good sensation in target area.
Pressure Therapy Unit:
The global pressure therapy unit (PTU) and it's usage in wearable physiotherapy market is expected to witness significant growth over the forecast period. PTU’s are portable, self-contained modules that provide regulated pressure to the affected area through a series of silicone rubber pads. It helps stimulate blood flow and oxygen delivery to damaged tissues thereby speeding up the healing process.
Application Insights:
The other application segment includes corporate, commercial and non-profit organization. The demand for these devices is expected to increase in the coming years owing to rising awareness about health issues among a large population that needs physical activity for weight reduction and maintenance. These organizations are likely to adopt this technology due to its cost-effectiveness and high potential of generating revenue through advertisements or sponsorships.
The hospital segment dominated the market with a share of over 60% in 2017 owing to an increasing number of patients suffering from chronic diseases such as heart disease, cancer, diabetes mellitus type 2, respiratory problems etc., requiring regular physiotherapy sessions at hospitals or clinics. Wearable physiotherapy equipment can be used during hospital stays as it does not require any extra space nor does it occupy much time during treatment procedures.
Regional Analysis:
North America dominated the global wearable physiotherapy market in 2017. The presence of a large number of industry players, high adoption rate for new technologies, and favorable reimbursement policies are some factors contributing to its growth. In addition, increasing demand for products that can be worn around the clock is expected to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative CAGR during the forecast period owing to rising geriatric population and awareness about wearable devices among patients and physicians alike. Moreover, an increase in disposable income levels coupled with growing health concerns regarding cardiovascular diseases (CVDs) will boost product penetration rates over this period (2018-2030). Increasing R&D activities by various companies present in Asia Pacific region will also contribute towards market development during the estimated time span (2018-2030).
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, according to a study by Zion Market Research. This will create demand for wearable physiotherapy devices as they help in improving the quality of life of elderly people.
- Rising incidence of chronic diseases: According to the World Health Organization (WHO), chronic diseases account for more than 60% of all deaths worldwide every year. This is creating demand for wearable physiotherapy devices as they help in managing and treating chronic diseases effectively and improve patient outcomes significantly.
- Growing awareness about the benefits of wearable physiotherapy devices: There is growing awareness among people about the benefits offered by wearable physiotherapy devices such as improved mobility, reduced pain, and better quality of life etc., which is driving their adoption globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wearable Physiotherapy Market Research Report
By Type
Electric Stimulator, Pressure Therapy Unit
By Application
Hospital, Clinic, Household, Other
By Companies
Getinge, ACP, SHL Group, C.H. Medical Systems, Omron Healthcare USA, SunMedix, Current Solution, CA-MI, BodyWorks International, Firstkind Medical, Hannox International, Saringer Life Science Technologies, Shenzhen XFT Medical, SUBLIMED, Visiomed, Bioland Technology, Bioness
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Wearable Physiotherapy Market Report Segments:
The global Wearable Physiotherapy market is segmented on the basis of:
Types
Electric Stimulator, Pressure Therapy Unit
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
Hospital, Clinic, Household, Other
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:
- Getinge
- ACP
- SHL Group
- C.H. Medical Systems
- Omron Healthcare USA
- SunMedix
- Current Solution
- CA-MI
- BodyWorks International
- Firstkind Medical
- Hannox International
- Saringer Life Science Technologies
- Shenzhen XFT Medical
- SUBLIMED
- Visiomed
- Bioland Technology
- Bioness
Highlights of The Wearable Physiotherapy 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:
- Electric Stimulator
- Pressure Therapy Unit
- By Application:
- Hospital
- Clinic
- Household
- Other
- 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 Wearable Physiotherapy 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.
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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?
Wearable physiotherapy is a type of physiotherapy that uses wearable devices to measure and track physical activity, sleep, and other health metrics. These devices can be worn on the body like a watch or bracelet, or embedded in clothing. They can also be used in home settings to monitor health metrics remotely. Wearable physiotherapy has the potential to improve patient compliance with treatment plans and help clinicians better understand how patients are responding to therapy.
Some of the major companies in the wearable physiotherapy market are Getinge, ACP, SHL Group, C.H. Medical Systems, Omron Healthcare USA, SunMedix, Current Solution, CA-MI, BodyWorks International, Firstkind Medical, Hannox International, Saringer Life Science Technologies, Shenzhen XFT Medical, SUBLIMED, Visiomed, Bioland Technology, Bioness.
The wearable physiotherapy market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wearable Physiotherapy 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 Wearable Physiotherapy Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wearable Physiotherapy 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 Wearable Physiotherapy 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 Wearable Physiotherapy Market Size & Forecast, 2020-2028
4.5.1 Wearable Physiotherapy Market Size and Y-o-Y Growth
4.5.2 Wearable Physiotherapy 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 Electric Stimulator
5.2.2 Pressure Therapy Unit
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 Hospital
6.2.2 Clinic
6.2.3 Household
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wearable Physiotherapy 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 Wearable Physiotherapy 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 Electric Stimulator
9.6.2 Pressure Therapy Unit
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 Hospital
9.10.2 Clinic
9.10.3 Household
9.10.4 Other
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 Electric Stimulator
10.6.2 Pressure Therapy Unit
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 Hospital
10.10.2 Clinic
10.10.3 Household
10.10.4 Other
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 Electric Stimulator
11.6.2 Pressure Therapy Unit
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 Hospital
11.10.2 Clinic
11.10.3 Household
11.10.4 Other
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 Electric Stimulator
12.6.2 Pressure Therapy Unit
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 Hospital
12.10.2 Clinic
12.10.3 Household
12.10.4 Other
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 Electric Stimulator
13.6.2 Pressure Therapy Unit
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 Hospital
13.10.2 Clinic
13.10.3 Household
13.10.4 Other
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 Wearable Physiotherapy Market: Competitive Dashboard
14.2 Global Wearable Physiotherapy Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Getinge
14.3.2 ACP
14.3.3 SHL Group
14.3.4 C.H. Medical Systems
14.3.5 Omron Healthcare USA
14.3.6 SunMedix
14.3.7 Current Solution
14.3.8 CA-MI
14.3.9 BodyWorks International
14.3.10 Firstkind Medical
14.3.11 Hannox International
14.3.12 Saringer Life Science Technologies
14.3.13 Shenzhen XFT Medical
14.3.14 SUBLIMED
14.3.15 Visiomed
14.3.16 Bioland Technology
14.3.17 Bioness
