Physiotherapy is a crucial part of healthcare that helps patients to recover from injuries, illnesses or surgeries by using natural measures rather than drugs or surgery. It involves manual therapy techniques like massage and exercise prescription to maintain optimal physical functioning and mobility. Global physiotherapy services market has been growing steadily due to rising geriatric population worldwide, which is more prone to chronic conditions needing rehabilitation. Increasing prevalence of lifestyle diseases and focus on fitness and wellness has boosted demand for these services. Sports injuries management also drives the market growth. However, lack of insurance coverage and reimbursement for physiotherapy in some regions poses a challenge.
Market Dynamics:
Global physiotherapy services market growth is driven by growing elderly population is prone to musculoskeletal disorders, increasing incidence of chronic diseases like diabetes and obesity, and rising awareness about physical therapy. As per an article published by World Health Organization in July 2022, musculoskeletal conditions affect over 1.71 billion people worldwide annually, thereby, creating lucrative opportunities for market growth. Costly services without proper insurance and reimbursement schemes along with shortage of physiotherapists in certain low and middle-income nations are restricting the market growth. Key players are focusing on digital physical therapy solutions and telehealth to enhance access and address workforce gaps which presents an opportunity over the forecast period.
Key Features of the Study:
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