Physical Therapy Market Size, Top Key Players, Growth, Trend Analysis And Forecast To 2033

The Business Research Company recently released a comprehensive report on the Global Physical Therapy Market Size and Trends Analysis with Forecast 2024-2033. This latest market research report offers a wealth of valuable insights and data, including global market size, regional shares, and competitor market share. Additionally, it covers current trends, future opportunities, and essential data for success in the industry.

According to The Business Research Company's, the physical therapy market size has grown strongly in recent years. It will grow from $25.95 billion in 2023 to $27.89 billion in 2024 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to aging population, prevalence of chronic conditions, occupational and sports injuries, focus on preventive healthcare, expansion of scope in healthcare settings.

The physical therapy market size is expected to see strong growth in the next few years. It will grow to $35.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to integration of telehealth services, rising awareness of the benefits of physical activity, focus on aging-in-place strategies, personalized treatment plans, interdisciplinary healthcare approaches. Major trends in the forecast period include technological innovations in rehabilitation, advancements in rehabilitation technologies, digital health integration, orthopedic and sports rehabilitation, technology-aided rehabilitation.

Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/physical-therapy-global-market-report

Market Drivers and Trends:

Increasing musculoskeletal disorders are expected to propel the growth of the physical therapy market going forward. Musculoskeletal disorders (MSDs) are a group of medical conditions that affect the muscles, bones, tendons, ligaments, and other parts of the musculoskeletal system. Physical therapy is essential in the prevention, treatment, and management of MSDs, as it focuses on education, ergonomics training, workplace safety modifications, on-site treatment, and return-to-work programs. For instance, in July 2022, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, approximately 1.71 billion people have musculoskeletal conditions worldwide. Furthermore, in May 2022, according to the Office for Health Improvement and Disparities, a UK-based government organization, the prevalence of people aged 16 and over self-reporting a long-term musculoskeletal (MSK) condition, was 17.0% in 2021 and the prevalence of adults self-reporting a long-term MSK condition showed an increase with age, from 2.3% among 16 to 24-year-olds to 50.3% among those aged 85 years and over. Therefore, increasing musculoskeletal disorders is expected to propel the growth of the physical therapy market.

Major companies operating in the physical therapy market are focused on developing technologies, such as Luna protocols capability to improve the quality and standardization of care. Luna Protocols enable therapists to ensure that all patients are on track to complete their recovery and proactively notify the surgeon's team of timely clinical escalations. For instance, in April 2021, Luna Physical Therapy, a US-based on-demand physical therapy company, launched Luna Protocol's innovative capabilities for orthopedic groups to standardize the quality of outpatient physical therapy. The new Luna Protocols capability aims to provide outpatient physical therapy at home, matching patients with therapists based on specialty, geography, schedules, and other factors. This allows patients to receive in-person care at the time and location of their choosing, ensuring ongoing coaching and the same therapist for each visit to track the patient's progress over time.

Key Benefits for Stakeholders:

• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.

Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=13512&type=smp

Major Key Players of the Market:

HCA Healthcare, Geisinger Health System (GHS), Select Medical Corporation, Kindred Healthcare Holdings LLC, Genesis HealthCare, Mercy Aged and Community Care Ltd., Rush-Copley Medical Center, Savaseniorcare LLC, DJO LLC, Concentra Inc., Professional Physical Therapy, Benchmark Physical Therapy, ATI Physical Therapy, US Physical Therapy Inc., PIVOT Physical Therapy, Athletico Physical Therapy, ProHealth Limited, NovaCare Rehabilitation, OrthoCarolina, Performance Health Supply Inc., Dynatronics Corporation, Enraf-Nonius B.V., Rehab Alternatives PLLC, BTL Industries, EMS Physio Ltd., Knight Health Holdings LLC, ProActive Physical Therapy, ITO Co. Ltd., AmeriCare Physical Therapy, Therapydia Inc.

Physical Therapy Market 2024 Key Insights:

• The physical therapy market is expected to grow to $35.53 billion in 2028 at a compound annual growth rate (CAGR) of 6.2%.
• Increasing Musculoskeletal Disorders Fuels The Growth Of The Market
• Increasing Focus On Use of Technology-based Physiotherapy To Drive The Revenues
• North America was the largest region in the physical therapy market in 2023

We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=13512&type=smp

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?

The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database

The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.