Globally, the market value of 2024 is US $ 21.90B.
According to a Strait Research Report, it is expected that the Asia -Pacific physical therapy equipment market will grow from 2025 to 2023.
This will be caused by the increase in the reimbursement environment of physical therapy, the growth of the elderly, and the increase of the elderly people, and the increase of degenerate nerves, cardiovascular, breathing and muscle skeletal diseases.
In China, the country had 83.7 million disabled people in 2013, of which 65 million needed auxiliary technology. By 2025, 20 % of China's population will become the elderly. Japan will also face similar situations. By 2025, 36 % of its population will exceed 60.
In addition, due to its large population, the growth of health care standards and the booming home medical care industry, India is another market with huge potential growth.
Globally, the market is worth US $ 2.19 billion in 2024. It is estimated that by 2033, the market will reach US $ 39.06B from 2025 US dollars in 2025, with an annual growth rate of 6.64 %.