South Korea Physiotherapy Equipment Market Size & Outlook
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South Korea physiotherapy equipment market highlights
- The South Korea physiotherapy equipment market generated a revenue of USD 199.8 million in 2023 and is expected to reach USD 362.9 million by 2030.
- The South Korea market is expected to grow at a CAGR of 8.9% from 2024 to 2030.
- In terms of segment, musculoskeletal was the largest revenue generating application in 2023.
- Cardiovascular & Pulmonary is the most lucrative application segment registering the fastest growth during the forecast period.
Physiotherapy equipment market data book summary
| Market revenue in 2023 | USD 199.8 million |
| Market revenue in 2030 | USD 362.9 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Musculoskeletal |
| Fastest growing segment | Cardiovascular & Pulmonary |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Musculoskeletal, Pediatrics, Cardiovascular & Pulmonary, Other Application, Neurology |
| Key market players worldwide | EMS Physio, Dynatronics Corp, Zimmer Biomet Holdings Inc, Whitehall Manufacturing, BTL Group, Richmar, Performance Health, STORZ MEDICAL, ITO, Enraf-Nonius |
Other key industry trends
- In terms of revenue, South Korea accounted for 1.0% of the global physiotherapy equipment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan physiotherapy equipment market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,750.1 million by 2030.
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Physiotherapy Equipment Market Scope
Physiotherapy Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Enraf-Nonius | View profile | 11-50 | Rotterdam, Zuid-Holland, The Netherlands, Europe | https://enraf-nonius.com |
| ITO | View profile | 251-500 | Kawaguchi, Saitama, Japan, Asia | http://www.itolator.co.jp |
| STORZ MEDICAL | View profile | 51-100 | Tägerwilen, Thurgau, Switzerland, Europe | https://www.storzmedical.com/en/ |
| Performance Health | View profile | 1001-5000 | Sutton In Ashfield, Nottinghamshire, United Kingdom, Europe | https://www.performancehealth.co.uk |
| Richmar | View profile | 51-100 | St Louis, Missouri, United States, North America | https://richmarweb.com/ |
| BTL Group | View profile | 11-50 | Vancouver, British Columbia, Canada, North America | http://btl.co |
| Whitehall Manufacturing | View profile | 11-50 | City Of Industry, California, United States, North America | https://www.whitehallmfg.com |
| Dynatronics Corp | View profile | 156 | 1200 Trapp Road, Eagan, MN, United States, 55121 | https://www.dynatronics.com |
| EMS Physio | View profile | 11-50 | Wantage, Oxfordshire, United Kingdom, Europe | https://www.emsphysio.co.uk |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
South Korea physiotherapy equipment market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to physiotherapy equipment market will help companies and investors design strategic landscapes.
Musculoskeletal was the largest segment with a revenue share of 62.91% in 2023. Horizon Databook has segmented the South Korea physiotherapy equipment market based on musculoskeletal, pediatrics, cardiovascular & pulmonary, other application, neurology covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of South Korea physiotherapy equipment market databook
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Our clientele includes a mix of physiotherapy equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the South Korea physiotherapy equipment market , including forecasts for subscribers. This country databook contains high-level insights into South Korea physiotherapy equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
South Korea physiotherapy equipment market size, by application, 2018-2030 (US$M)
South Korea Physiotherapy Equipment Market Outlook Share, 2023 & 2030 (US$M)
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