Physiotherapy Equipment Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Physiotherapy Equipment Market covers analysis By Product (Equipment, Accessories), Application (Musculoskeletal Disorders, Neurology Disorders, Cardiovascular Disorders, Pediatric, Gynecological, Others), End User (Hospitals, Physician Offices, Homecare Centers, Physiotherapy & Rehabilitation Centers), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPHE100001239
  • Category : Medical Device
  • Status : Upcoming
  • No. of Pages : 150
Buy Now

MARKET OVERVIEW
Physiotherapy is a branch of rehabilitative health that utilizes specially designed equipment and some exercises that help patients regain and improve their physical abilities. There are many types of physiotherapy equipment used for patients who are infants born with congenital musculoskeletal disabilities, adults suffering from backache or the after-effects of injury or surgery, to elderly post-stroke patients. Different types of therapies are used to repair various areas of the body. Physical therapy, which uses mechanical strength and movement to treat patients, is rapidly gaining popularity for various reasons, including urban lifestyles, older populations, and corporate lifestyles. 

MARKET DRIVERS
The increasing prevalence of cardiovascular and neurological diseases and the growing geriatric population have stimulated the demand for physical therapy equipment around the world. According to World Population Aging 2019 (United Nations, 2019), the world's elderly population continues to grow at an unprecedented rate. In 2019, approximately 703 million people aged 65 or older worldwide. According to forecasts, this number of elderly people will double to 1.5 billion by 2050. Globally, the proportion of the elderly population over 65 increased from 6% in 1990 to 9% in 2019. As the elderly population increases, the population is more susceptible to orthopedic diseases, which is expected to drive the market in the future.

According to WHO 2020 updates, ischemic heart disease was responsible for 16% of all deaths worldwide. Since 2000, the most notable deaths have been from ischemic heart disease, which rose by more than 2 million to 8.9 million deaths in 2019 2010. The study also suggests that by 2050, more than 50% of all osteoporotic hip fractures could occur in Asia. Therefore, the increasing prevalence of orthopedic diseases increases the demand for rehabilitation services. In addition, neurological disorders significantly contribute to global morbidity and mortality worldwide, with stroke being a leading cause of death.

MARKET TRENDS/MARKET SCENARIO
Several companies in the physiotherapy equipment market are in the process of continuously developing innovative products.

In April 2021, The National Office of Thermalism and Hydrotherapy (ONTH) announced the debut of “Tunisia Wellness,” the first mobile hydrotherapy application. It concerns more than 300 spa centers in Tunisia and provides all the necessary information regarding them in a unified framework.

In December 2020, The GoHeat Cordless Heating Pad was launched by Sunbeam, a leader in products of heat therapy, to assist reduce pain and curing tired muscles at home or on the road.

In July 2018, Mectronic Medicale (Italy) launched Doctor Tecar XP, an electromagnetic tecar therapy stimulator.

MARKET SCOPE AND REPORT FEATURES
Our report on "Global Physiotherapy Equipment Market Analysis to 2028" encapsulate a detailed market analysis on key segments such as type and applications of dental equipment market, and a deep dive statistical and qualitative analysis by geography covering five key regions and several countries. As a part of qualitative analysis report offers evaluation of key market dynamics such prevailing market driver, key challenges and opportunities that pave the path for future developments. Further, our analysis on the key competition provide a strategic view point on the market initiatives, SWOT analysis, and highlights on the products and service developments of the players.   

MARKET SEGMENTATION
Global Dental Equipment Market – By Product

  • Equipment
  • Accessories

Global Dental Equipment Market – By Application

Global Dental Equipment Market – By End User

  • Hospitals
  • Physician Offices
  • Homecare Centers
  • Physiotherapy & Rehabilitation Centers

MARKET DYNAMICS

MARKET DYNAMICS

REGIONAL INSIGHTS
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South & Central America. The physiotherapy equipment market by each region is later sub segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social, and technological factors affecting the physiotherapy equipment market in these regions.

MARKET PLAYERS
The report covers key developments in the physiotherapy equipment market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from physiotherapy equipment market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the physiotherapy equipment market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years. 

  • Enraf-Nonius B.V.
  • Isokinetics Inc.
  • EMS Physio Ltd.
  • DJO Global, Inc.
  • BTL Industries Inc.
  • HMS Medical Systems
  • Richmar
  • Bio-Med Inc.
  • Mectronic Medicale S.r.l.
  • Zimmer MedizinSysteme GmbH
  • STORZ Medical AG
  • Performance Health
  • Chirag Electronics Pvt. Ltd
  • Bharat Medical Systems
  • Zynex, Inc.

REPORT HIGHLIGHTS

Our report on physiotherapy equipment market cover following key parameters:

  • Comprehensive market analysis at global, regional and country level
  • Detailed PEST (Political, Economic, Social and Technological) factors impacting the market across key geographic regions such as North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America
  • Market dynamics (drivers, restraints, opportunities, and future trends) and impact analysis of drivers and restraints at short-term, mid-term and long-term
  • Market size and forecasts in terms of revenue; 2020 (historic), 2021 (base year), 2022 – 28 (forecast period)
  • In-depth market segmentation and deep dive regional and country level analysis of 18+ countries across 5 key regions
  • Key company profiles and industry landscape to provide latest market initiatives and competitive landscape
  • Impact of COVID`19 pandemic on ecosystem and the market 

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.


RD Image
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
REGIONAL FRAMEWORK
World Geography

Have a question?

Analyst

Akshay

Akshay will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.

Analyst   Speak to Analyst
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
MARKET PLAYERS
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
  • Request discounts available for Start-Ups & Universities
Report Coverage
Report Coverage

Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

Segment Covered
Segment Covered

This text is related
to segments covered.

Regional Scope
Regional Scope

North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

Country Scope
Country Scope

This text is related
to country scope.

TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Physiotherapy Equipment Market - By Product
1.3.2 Physiotherapy Equipment Market - By Application
1.3.3 Physiotherapy Equipment Market - By End User
1.3.4 Physiotherapy Equipment Market - By Region
1.3.4.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. PHYSIOTHERAPY EQUIPMENT MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. PHYSIOTHERAPY EQUIPMENT MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. PHYSIOTHERAPY EQUIPMENT MARKET - GLOBAL MARKET ANALYSIS
6.1. PHYSIOTHERAPY EQUIPMENT - GLOBAL MARKET OVERVIEW
6.2. PHYSIOTHERAPY EQUIPMENT - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING
7. PHYSIOTHERAPY EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. EQUIPMENT
7.3.1. Overview
7.3.2. Equipment Market Forecast and Analysis
7.3.3. Cryotherapy Market
7.3.3.1. Overview
7.3.3.2. Cryotherapy Market Forecast and Analysis
7.3.4. Hydrotherapy Market
7.3.4.1. Overview
7.3.4.2. Hydrotherapy Market Forecast and Analysis
7.3.5. Continuous Passive Motion Market
7.3.5.1. Overview
7.3.5.2. Continuous Passive Motion Market Forecast and Analysis
7.3.6. Electric Stimulation Market
7.3.6.1. Overview
7.3.6.2. Electric Stimulation Market Forecast and Analysis
7.3.7. Others Market
7.3.7.1. Overview
7.3.7.2. Others Market Forecast and Analysis
7.4. ACCESSORIES
7.4.1. Overview
7.4.2. Accessories Market Forecast and Analysis
8. PHYSIOTHERAPY EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MUSCULOSKELETAL DISORDERS
8.3.1. Overview
8.3.2. Musculoskeletal Disorders Market Forecast and Analysis
8.4. NEUROLOGY DISORDERS
8.4.1. Overview
8.4.2. Neurology Disorders Market Forecast and Analysis
8.5. CARDIOVASCULAR DISORDERS
8.5.1. Overview
8.5.2. Cardiovascular Disorders Market Forecast and Analysis
8.6. PEDIATRIC
8.6.1. Overview
8.6.2. Pediatric Market Forecast and Analysis
8.7. GYNECOLOGICAL
8.7.1. Overview
8.7.2. Gynecological Market Forecast and Analysis
8.8. OTHERS
8.8.1. Overview
8.8.2. Others Market Forecast and Analysis
9. PHYSIOTHERAPY EQUIPMENT MARKET - REVENUE AND FORECASTS TO 2028 - END USER
9.1. OVERVIEW
9.2. END USER MARKET FORECASTS AND ANALYSIS
9.3. HOSPITALS
9.3.1. Overview
9.3.2. Hospitals Market Forecast and Analysis
9.4. PHYSICIAN OFFICES
9.4.1. Overview
9.4.2. Physician Offices Market Forecast and Analysis
9.5. HOMECARE CENTERS
9.5.1. Overview
9.5.2. Homecare Centers Market Forecast and Analysis
9.6. PHYSIOTHERAPY AND REHABILITATION CENTERS
9.6.1. Overview
9.6.2. Physiotherapy and Rehabilitation Centers Market Forecast and Analysis
10. PHYSIOTHERAPY EQUIPMENT MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Physiotherapy Equipment Market Overview
10.1.2 North America Physiotherapy Equipment Market Forecasts and Analysis
10.1.3 North America Physiotherapy Equipment Market Forecasts and Analysis - By Product
10.1.4 North America Physiotherapy Equipment Market Forecasts and Analysis - By Application
10.1.5 North America Physiotherapy Equipment Market Forecasts and Analysis - By End User
10.1.6 North America Physiotherapy Equipment Market Forecasts and Analysis - By Countries
10.1.6.1 United States Physiotherapy Equipment Market
10.1.6.1.1 United States Physiotherapy Equipment Market by Product
10.1.6.1.2 United States Physiotherapy Equipment Market by Application
10.1.6.1.3 United States Physiotherapy Equipment Market by End User
10.1.6.2 Canada Physiotherapy Equipment Market
10.1.6.2.1 Canada Physiotherapy Equipment Market by Product
10.1.6.2.2 Canada Physiotherapy Equipment Market by Application
10.1.6.2.3 Canada Physiotherapy Equipment Market by End User
10.1.6.3 Mexico Physiotherapy Equipment Market
10.1.6.3.1 Mexico Physiotherapy Equipment Market by Product
10.1.6.3.2 Mexico Physiotherapy Equipment Market by Application
10.1.6.3.3 Mexico Physiotherapy Equipment Market by End User
10.2. EUROPE
10.2.1 Europe Physiotherapy Equipment Market Overview
10.2.2 Europe Physiotherapy Equipment Market Forecasts and Analysis
10.2.3 Europe Physiotherapy Equipment Market Forecasts and Analysis - By Product
10.2.4 Europe Physiotherapy Equipment Market Forecasts and Analysis - By Application
10.2.5 Europe Physiotherapy Equipment Market Forecasts and Analysis - By End User
10.2.6 Europe Physiotherapy Equipment Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Physiotherapy Equipment Market
10.2.6.1.1 Germany Physiotherapy Equipment Market by Product
10.2.6.1.2 Germany Physiotherapy Equipment Market by Application
10.2.6.1.3 Germany Physiotherapy Equipment Market by End User
10.2.6.2 France Physiotherapy Equipment Market
10.2.6.2.1 France Physiotherapy Equipment Market by Product
10.2.6.2.2 France Physiotherapy Equipment Market by Application
10.2.6.2.3 France Physiotherapy Equipment Market by End User
10.2.6.3 Italy Physiotherapy Equipment Market
10.2.6.3.1 Italy Physiotherapy Equipment Market by Product
10.2.6.3.2 Italy Physiotherapy Equipment Market by Application
10.2.6.3.3 Italy Physiotherapy Equipment Market by End User
10.2.6.4 Spain Physiotherapy Equipment Market
10.2.6.4.1 Spain Physiotherapy Equipment Market by Product
10.2.6.4.2 Spain Physiotherapy Equipment Market by Application
10.2.6.4.3 Spain Physiotherapy Equipment Market by End User
10.2.6.5 United Kingdom Physiotherapy Equipment Market
10.2.6.5.1 United Kingdom Physiotherapy Equipment Market by Product
10.2.6.5.2 United Kingdom Physiotherapy Equipment Market by Application
10.2.6.5.3 United Kingdom Physiotherapy Equipment Market by End User
10.2.6.6 Rest of Europe Physiotherapy Equipment Market
10.2.6.6.1 Rest of Europe Physiotherapy Equipment Market by Product
10.2.6.6.2 Rest of Europe Physiotherapy Equipment Market by Application
10.2.6.6.3 Rest of Europe Physiotherapy Equipment Market by End User
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Physiotherapy Equipment Market Overview
10.3.2 Asia-Pacific Physiotherapy Equipment Market Forecasts and Analysis
10.3.3 Asia-Pacific Physiotherapy Equipment Market Forecasts and Analysis - By Product
10.3.4 Asia-Pacific Physiotherapy Equipment Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Physiotherapy Equipment Market Forecasts and Analysis - By End User
10.3.6 Asia-Pacific Physiotherapy Equipment Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Physiotherapy Equipment Market
10.3.6.1.1 Australia Physiotherapy Equipment Market by Product
10.3.6.1.2 Australia Physiotherapy Equipment Market by Application
10.3.6.1.3 Australia Physiotherapy Equipment Market by End User
10.3.6.2 China Physiotherapy Equipment Market
10.3.6.2.1 China Physiotherapy Equipment Market by Product
10.3.6.2.2 China Physiotherapy Equipment Market by Application
10.3.6.2.3 China Physiotherapy Equipment Market by End User
10.3.6.3 India Physiotherapy Equipment Market
10.3.6.3.1 India Physiotherapy Equipment Market by Product
10.3.6.3.2 India Physiotherapy Equipment Market by Application
10.3.6.3.3 India Physiotherapy Equipment Market by End User
10.3.6.4 Japan Physiotherapy Equipment Market
10.3.6.4.1 Japan Physiotherapy Equipment Market by Product
10.3.6.4.2 Japan Physiotherapy Equipment Market by Application
10.3.6.4.3 Japan Physiotherapy Equipment Market by End User
10.3.6.5 South Korea Physiotherapy Equipment Market
10.3.6.5.1 South Korea Physiotherapy Equipment Market by Product
10.3.6.5.2 South Korea Physiotherapy Equipment Market by Application
10.3.6.5.3 South Korea Physiotherapy Equipment Market by End User
10.3.6.6 Rest of Asia-Pacific Physiotherapy Equipment Market
10.3.6.6.1 Rest of Asia-Pacific Physiotherapy Equipment Market by Product
10.3.6.6.2 Rest of Asia-Pacific Physiotherapy Equipment Market by Application
10.3.6.6.3 Rest of Asia-Pacific Physiotherapy Equipment Market by End User
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Physiotherapy Equipment Market Overview
10.4.2 Middle East and Africa Physiotherapy Equipment Market Forecasts and Analysis
10.4.3 Middle East and Africa Physiotherapy Equipment Market Forecasts and Analysis - By Product
10.4.4 Middle East and Africa Physiotherapy Equipment Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Physiotherapy Equipment Market Forecasts and Analysis - By End User
10.4.6 Middle East and Africa Physiotherapy Equipment Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Physiotherapy Equipment Market
10.4.6.1.1 South Africa Physiotherapy Equipment Market by Product
10.4.6.1.2 South Africa Physiotherapy Equipment Market by Application
10.4.6.1.3 South Africa Physiotherapy Equipment Market by End User
10.4.6.2 Saudi Arabia Physiotherapy Equipment Market
10.4.6.2.1 Saudi Arabia Physiotherapy Equipment Market by Product
10.4.6.2.2 Saudi Arabia Physiotherapy Equipment Market by Application
10.4.6.2.3 Saudi Arabia Physiotherapy Equipment Market by End User
10.4.6.3 U.A.E Physiotherapy Equipment Market
10.4.6.3.1 U.A.E Physiotherapy Equipment Market by Product
10.4.6.3.2 U.A.E Physiotherapy Equipment Market by Application
10.4.6.3.3 U.A.E Physiotherapy Equipment Market by End User
10.4.6.4 Rest of Middle East and Africa Physiotherapy Equipment Market
10.4.6.4.1 Rest of Middle East and Africa Physiotherapy Equipment Market by Product
10.4.6.4.2 Rest of Middle East and Africa Physiotherapy Equipment Market by Application
10.4.6.4.3 Rest of Middle East and Africa Physiotherapy Equipment Market by End User
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Physiotherapy Equipment Market Overview
10.5.2 South and Central America Physiotherapy Equipment Market Forecasts and Analysis
10.5.3 South and Central America Physiotherapy Equipment Market Forecasts and Analysis - By Product
10.5.4 South and Central America Physiotherapy Equipment Market Forecasts and Analysis - By Application
10.5.5 South and Central America Physiotherapy Equipment Market Forecasts and Analysis - By End User
10.5.6 South and Central America Physiotherapy Equipment Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Physiotherapy Equipment Market
10.5.6.1.1 Brazil Physiotherapy Equipment Market by Product
10.5.6.1.2 Brazil Physiotherapy Equipment Market by Application
10.5.6.1.3 Brazil Physiotherapy Equipment Market by End User
10.5.6.2 Argentina Physiotherapy Equipment Market
10.5.6.2.1 Argentina Physiotherapy Equipment Market by Product
10.5.6.2.2 Argentina Physiotherapy Equipment Market by Application
10.5.6.2.3 Argentina Physiotherapy Equipment Market by End User
10.5.6.3 Rest of South and Central America Physiotherapy Equipment Market
10.5.6.3.1 Rest of South and Central America Physiotherapy Equipment Market by Product
10.5.6.3.2 Rest of South and Central America Physiotherapy Equipment Market by Application
10.5.6.3.3 Rest of South and Central America Physiotherapy Equipment Market by End User
11. IMPACT OF COVID-19 PANDEMIC ON GLOBAL PHYSIOTHERAPY EQUIPMENT MARKET
11.1 North America
11.2 Europe
11.3 Asia-Pacific
11.4 Middle East and Africa
11.5 South and Central America
12. INDUSTRY LANDSCAPE
12.1. MERGERS AND ACQUISITIONS
12.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
12.3. NEW PRODUCT LAUNCHES
12.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
13. PHYSIOTHERAPY EQUIPMENT MARKET, KEY COMPANY PROFILES
13.1. ENRAF-NONIUS B.V.
13.1.1. Key Facts
13.1.2. Business Description
13.1.3. Products and Services
13.1.4. Financial Overview
13.1.5. SWOT Analysis
13.1.6. Key Developments
13.2. PERFORMANCE HEALTH
13.2.1. Key Facts
13.2.2. Business Description
13.2.3. Products and Services
13.2.4. Financial Overview
13.2.5. SWOT Analysis
13.2.6. Key Developments
13.3. EMS PHYSIO LTD.
13.3.1. Key Facts
13.3.2. Business Description
13.3.3. Products and Services
13.3.4. Financial Overview
13.3.5. SWOT Analysis
13.3.6. Key Developments
13.4. DJO GLOBAL, INC.
13.4.1. Key Facts
13.4.2. Business Description
13.4.3. Products and Services
13.4.4. Financial Overview
13.4.5. SWOT Analysis
13.4.6. Key Developments
13.5. BTL.
13.5.1. Key Facts
13.5.2. Business Description
13.5.3. Products and Services
13.5.4. Financial Overview
13.5.5. SWOT Analysis
13.5.6. Key Developments
13.6. HMS MEDICAL SYSTEMS
13.6.1. Key Facts
13.6.2. Business Description
13.6.3. Products and Services
13.6.4. Financial Overview
13.6.5. SWOT Analysis
13.6.6. Key Developments
13.7. MECTRONIC MEDICALE S.R.L.
13.7.1. Key Facts
13.7.2. Business Description
13.7.3. Products and Services
13.7.4. Financial Overview
13.7.5. SWOT Analysis
13.7.6. Key Developments
13.8. BIO-MED INC.
13.8.1. Key Facts
13.8.2. Business Description
13.8.3. Products and Services
13.8.4. Financial Overview
13.8.5. SWOT Analysis
13.8.6. Key Developments
13.9. STORZ MEDICAL AG
13.9.1. Key Facts
13.9.2. Business Description
13.9.3. Products and Services
13.9.4. Financial Overview
13.9.5. SWOT Analysis
13.9.6. Key Developments
13.10. ZIMMER MEDIZINSYSTEME GMBH
13.10.1. Key Facts
13.10.2. Business Description
13.10.3. Products and Services
13.10.4. Financial Overview
13.10.5. SWOT Analysis
13.10.6. Key Developments
14. APPENDIX
14.1. ABOUT THE INSIGHT PARTNERS
14.2. GLOSSARY OF TERMS

The List of Companies

1. Enraf-Nonius B.V.
2. Isokinetics Inc.
3. EMS Physio Ltd.
4. DJO Global, Inc.
5. BTL Industries Inc.
6. HMS Medical Systems
7. Richmar
8. Bio-Med Inc.
9. Mectronic Medicale S.r.l.
10. Zimmer MedizinSysteme GmbH
11. STORZ Medical AG
12. Performance Health
13. Chirag Electronics Pvt. Ltd
14. Bharat Medical Systems
15. Zynex, Inc.

The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.

  1. Data Collection and Secondary Research:

As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.

Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.

  1. Primary Research:

The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.

For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.

A typical research interview fulfils the following functions:

  • Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
  • Validates and strengthens in-house secondary research findings
  • Develops the analysis team’s expertise and market understanding

Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:

  • Industry participants: VPs, business development managers, market intelligence managers and national sales managers
  • Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.

Below is the breakup of our primary respondents by company, designation, and region:

Research Methodology

Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.

  1. Data Analysis:

Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.

  • 3.1 Macro-Economic Factor Analysis:

We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.

  • 3.2 Country Level Data:

Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.

  • 3.3 Company Profile:

The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.

  • 3.4 Developing Base Number:

Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.

  1. Data Triangulation and Final Review:

The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.

We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.

We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.

Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Trends and growth analysis reports related to Physiotherapy Equipment Market