Physiotherapy Equipment Market to grow at a CAGR of 6.9% to reach USD 38.2 billion by 2032
The growing number of geriatric people, the prevalence of chronic musculoskeletal disorders, and government spending on healthcare infrastructure are all contributing to the strong growth of the global physiotherapy equipment market. The Centers for Disease Control and Prevention (CDC) estimate that 58 million Americans, or 1 in 4 adults, suffer from arthritis, a condition that frequently necessitates physiotherapy treatments. According to the National Center for Biotechnology Information (NCBI), by 2050, there will be 142.7 million people with at least one chronic illness, a 99.5% increase from the 71.5 million in 2020.