The physiotherapy equipment market size in Europe is expected to be valued at USD 8.93 billion by 2029 from USD 6.48 billion in 2023, growing at a CAGR of 6.61% from 2024 to 2029.
The growing aging population across the European region is driving the physiotherapy equipment market in the European region. With increasing age, numerous changes occur in the body, such as reducing muscle strength, bone density, joint stiffness, and body contradictions. In the UK, many healthcare measures have been taken for aged people to give them a better life. Therefore, exercising is primarily preferred for older people under the physiotherapist to bring back the physical function required for daily life. This therapy helps older people in different ways, such as reducing the risk of heart disease, improving mood and self-esteem, reducing the risk of falls, and others. The factors mentioned above result in the need for physiotherapy equipment among the aged people group and are anticipated to boost the market growth in the European region.
The growing incidence of joint disorders and sports injuries is expected to fuel the growth of the physiotherapy equipment market in the European region. Participating in sports can lead to injuries, fractures, pains, and strains. Sports injuries result in a lot of pain and discomfort, making the players unable to participate in any other games. These people require fast recovery from the pain and assurance that the injury will not affect their future performance. As a result, these people prefer physiotherapy to relieve these pains, increasing the number of specialized rehabilitation centers for athletes and regional market growth.
YOY growth in the number of people suffering from CVDs across the European region is promoting the growth rate of the European market. Owing to the increasing mortality rate among people suffering from CVDs, most people prefer to have physiotherapy as it can help the blood flow quickly to the heart, which can help open up the vessels and increase the strength of the muscles in the heart. In addition, the growing number of advancements in physiotherapy equipment is favoring European market growth. Therefore, the market participants are putting increased focus on developing advanced physiotherapy equipment to increase the effective use of the devices for patient safety and, in addition, improve their efficiency. Furthermore, improving mobile application apps and the computer-assisted rehabilitation environment will propel the regional market growth during the forecast period.
However, the presence of alternative therapies limits the market growth in Europe. For instance, acupressure therapy can be an effective alternative to physiotherapy. However, the growing number of acupressure therapy centers and the increasing preference of people towards acupressure therapy are reducing the demand for physiotherapy equipment. In addition, the lack of skilled professionals handling the physiotherapy equipment hinders the regional market growth. Furthermore, other factors, such as poor reimbursement scenarios and lack of awareness regarding the advantages of physiotherapy in some parts of Europe, hamper the growth rate of the European physiotherapy equipment market.
This research report on the European physiotherapy equipment market has been segmented and sub-segmented into the following categories:
Europe Physiotherapy Equipment Market - By Type:
Europe Physiotherapy Equipment Market - By Application:
Europe Physiotherapy Equipment Market - By Demographics:
Europe Physiotherapy Equipment Market - By End-use:
Europe Physiotherapy Equipment Market - By Country:
The European region occupied the second-largest global market share during the forecast period owing to the growing number of approvals for various physiotherapy equipment and rising healthcare expenditure. In addition, YOY growth in the number of people suffering from respiratory diseases is fuelling the market’s growth rate. Most people focus on removing mucus from the airways to help improve pulmonary function. Physiotherapy can also be used for mucus removal and helps to cure chronic lung diseases. Chest physiotherapy is the most used therapy for removing airway secretion in many types of respiratory dysfunction for people suffering from lung disease.
Germany led the European market in 2023. The growing number of physiotherapy centers across Germany and the increasing number of awareness programs regarding the advantages associated with physiotherapy are favoring the market growth in Germany.
On the other hand, countries such as the UK, France, and Spain are expected to register a healthy CAGR during the forecast period.
KEY MARKET PLAYERS:
Companies profiled in this report that play a notable role in the European physiotherapy equipment market are Storz Medical AG, Zimmer MedizinSysteme GmbH, BTL, EMS Physio Ltd., ITO Co., Ltd., Dynatronics Corporation, RICHMAR, Performance Health, Enraf-Nonius B.V., and Whitehall Manufacturing.
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