The Indian Physiotherapy market size was valued at USD XX billion in 2019 and is expected to expand at a compound annual growth rate (CAGR) of 12% from 2019 to 2028.
There is huge burden of chronic diseases and growing ageing population which results in huge demand of physiotherapy market in India. The Physiotherapy are the major factors for standalone clinics/rehab centres and home healthcare careers in India. The physiotherapy market is growing because of unhealthy eating habits and hectic lifestyle resulting in pain in the ligaments, nerves, muscles, back, and neck and increasing prevalence of stroke and Parkinson’s disease. There is huge focus on sports in India which leads to great growth for physiotherapy market. The South Indian region accounted for the largest share in physiotherapy equipment market in 2014.
The expanding geriatric population, increasing prevalence of cardiovascular and neurological diseases, higher prevalence and incidences of orthopaedic disorders, growing women’s healthcare concern, higher rate of road and workplace accidents, and rise in the awareness among people regarding advantages of physiotherapy are the prime growth drivers of physiotherapy services market in India. Technological advancements and innovations by major companies are also expected to increase the demand physiotherapy equipment.
Type of Services
The Physiotherapy market is further segmented by type of service into
a. Paediatrics Physiotherapy
b. Women’s Health and Obstetrics Physiotherapy
c. Sports Physiotherapy
d. Neurological Physiotherapy
e. Orthopaedic/ Musculoskeletal Physiotherapy
f. Geriatrics Physiotherapy
g. Cardiovascular Physiotherapy
h. Community Physiotherapy
Orthopaedic, geriatric, cardiovascular and pulmonary, integumentary, neurological, paediatric, women’s health and palliative care are the major services of physiotherapy in India. Orthopaedic and geriatric physiotherapy services market has the largest share of the total market which is XX%. In 2019, the musculoskeletal segment accounted for the largest market share in terms of revenue with XX%.