APAC’s physiotherapy equipment market to grow exponentially: report
Globally, the market was valued at US$21.90b in 2024.
The Asia-Pacific's physiotherapy equipment market is anticipated to experience exponential growth from 2025 to 2023, according to a Straits Research report.
This will be driven by an improving reimbursement environment for physical therapy, a growing elderly population, and an increase in degenerative neurological, cardiovascular, respiratory, and musculoskeletal disorders.
In China, the country had 83.7 million persons with disabilities in 2013, 65 million of whom needed assistive technology, and by 2025, 20% of the Chinese population will be seniors. Japan will also face a similar scenario as 36% of its population will be over 60 by 2025.
Moreover, due to its sizable ageing population, rising healthcare standards, and thriving home healthcare industry, India is another market with significant potential growth.
Globally, the market was valued at US$21.9b in 2024 and is projected to reach US$39.06b by 2033 from US$ 23.35b in 2025, growing at an annual growth rate of 6.64%.