US Physical Therapy Market Forecast: $87.83 Billion by 2031
Friday, 23 August 2024, 03:52
The US Physical Therapy Market is on a promising trajectory, with projections indicating it could reach $87.83 billion by 2031. Various factors contribute to this expansion, including the rising prevalence of chronic diseases and a growing elderly population requiring rehabilitation services.
Drivers of Growth
- Increase in Chronic Conditions: The prevalence of conditions like diabetes and cardiovascular diseases drives demand for physical therapy.
- Aging Population: As the population ages, there is a significant increase in the need for rehabilitation services.
- Advancements in Technology: Innovations in treatment methods enhance patient outcomes and attract more patients.
Market Segmentation
- By Therapy Type: Manual therapy, Exercise therapy, Electrotherapy.
- By Application: Orthopedic, Neurological, Cardiovascular and Pulmonary.
- By Age Group: Pediatric, Adult, Geriatric.
- By End User: Hospitals, Rehabilitation centers, Home healthcare.
This report offers insights into the US Physical Therapy Market, covering regional shares and trends that present growth opportunities for industry players.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.