Healthcare Industry Updates Physiotherapy Equipment Market | Page 2

According to the new market research report "Physiotherapy Equipment Market by Product
(Laser Therapy, Ultrasound, Cryotherapy, Electrotherapy, and Accessories), Application
(Musculoskeletal, Gynecology, Pediatric, Cardiovascular), and Region - Global Forecast
to 2024", published by MarketsandMarkets™, the Physiotherapy Equipment Market is
projected to reach USD 21.1 billion by 2024 from US 15.0 billion in 2018, at a CAGR of
5.8%.
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Growth in this market is driven by rapidly growing geriatric population and the
subsequent increase in the global prevalence of chronic diseases, and growing
incidence of sports injuries, degenerative joint disorders, and cerebrovascular disease.
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The electrotherapy equipment segment is projected to occupy the majority of the
market share during the forecast period.
The electrotherapy equipment segment is projected to hold the largest share of the
market, during the forecast period. The large share of the segment is primarily attributed
to the by rapid adoption electrical stimulation-based techniques in rehabilitation. It
includes techniques, such as Transcutaneous Electrical Nerve Stimulation, Functional
Neuromuscular Stimulation, H-wave Stimulation, Neuromuscular Electrical Stimulation,
Interferential Stimulation, Microcurrent Stimulation, Galvanic Stimulation, Sympathetic