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Physical Therapy Services Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2024-2031

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    • Encompass Health Corporation
    • Kindred Healthcare LLC
    • Concentra Inc.
    • ATI Physical Therapy
    • NovaCare Rehabilitation
    • Kessler Rehabilitation Center
    • S. Physical Therapy Inc.
    • Athletico Physical Therapy
    • HealthSouth Corporation
    • FYZICAL Therapy &Balance Centers
    • Results Physiotherapy
    • CORA Physical Therapy
    • Pivot Physical Therapy
    • SPEAR Physical Therapy
    • Others

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ksm 24.11.12

Persistence Market Research has recently released a comprehensive report on the global Physical Therapy Services Market, providing an in-depth analysis of key market dynamics, including driving forces, emerging trends, opportunities, and challenges. This detailed report offers valuable insights into the market's structure and growth potential, enabling stakeholders to make informed decisions.

Key Insights:

  • Physical Therapy Services Market Size (2024E): US$70.7 Bn
  • Projected Market Value (2031F): US$102.2 Bn
  • Global Market Growth Rate (CAGR 2024 to 2031): 5.4%

Physical Therapy Services Market - Report Scope:

The Physical Therapy Services market includes a wide range of therapeutic treatments and rehabilitation services aimed at improving mobility, function, and quality of life for patients with physical impairments or injuries. This market is driven by increasing incidences of musculoskeletal disorders, rising elderly populations, and growing awareness about the benefits of physical therapy in improving health outcomes. The demand for physical therapy services spans various sectors, including orthopedics, neurology, and cardiovascular rehabilitation, playing a crucial role in preventive care and recovery.

Market Growth Drivers:

Several factors are driving the growth of the global Physical Therapy Services market, including the rising prevalence of chronic diseases, increasing incidences of sports-related injuries, and a growing aging population that requires rehabilitation services. Additionally, advancements in physical therapy techniques, increasing healthcare expenditures, and the shift toward non-invasive treatment options are further contributing to market growth. The demand for home care services and tele-rehabilitation is also on the rise, driven by advancements in digital health technologies and changing patient preferences.

Market Restraints:

Despite its growth potential, the Physical Therapy Services market faces challenges such as the high cost of physical therapy treatments, limited reimbursement coverage in certain regions, and a shortage of skilled therapists. Additionally, regulatory constraints and varying standards of care across different countries can hinder the market's expansion. Awareness about the long-term benefits of physical therapy still remains limited in some areas, affecting its adoption. Addressing these challenges requires efforts in training, education, and policy reforms to enhance accessibility and affordability.

Market Opportunities:

The Physical Therapy Services market presents significant opportunities, driven by technological advancements and evolving patient needs. The increasing adoption of tele-rehabilitation and virtual therapy services provides a new avenue for market growth, particularly in underserved or remote areas. Furthermore, innovations in wearable technologies, robotic-assisted rehabilitation, and AI-driven therapy solutions are enhancing treatment outcomes and creating new growth opportunities. Expanding collaborations between healthcare providers, technology companies, and insurers can further promote service accessibility and market expansion.

Key Questions Answered in the Report:

  • What are the primary factors driving the growth of the global Physical Therapy Services market?
  • Which regions and market segments are leading the adoption of physical therapy services?
  • How are technological advancements influencing the competitive landscape of the physical therapy market?
  • Who are the major players in the Physical Therapy Services market, and what strategies are they implementing to maintain their market positions?
  • What are the emerging trends and future prospects in the global Physical Therapy Services market?

Competitive Intelligence and Business Strategy:

Leading companies in the global Physical Therapy Services market, such as Select Medical Holdings Corporation, US Physical Therapy, Inc., and Athletico Physical Therapy, are focusing on expanding their service portfolios, integrating advanced technologies, and forming strategic partnerships to maintain their competitive edge. These companies are also investing in telehealth platforms, home care services, and digital tools to enhance patient engagement and expand their reach. Collaborating with healthcare providers and insurance companies, as well as focusing on cost-effective treatment options, are essential strategies for sustaining leadership in the growing Physical Therapy Services market.

Key Companies Profiled:

  • Select Medical Corporation
  • Encompass Health Corporation
  • Kindred Healthcare LLC
  • Concentra Inc.
  • ATI Physical Therapy
  • NovaCare Rehabilitation
  • Kessler Rehabilitation Center
  • S. Physical Therapy Inc.
  • Athletico Physical Therapy
  • HealthSouth Corporation
  • FYZICAL Therapy & Balance Centers
  • Results Physiotherapy
  • CORA Physical Therapy
  • Pivot Physical Therapy
  • SPEAR Physical Therapy
  • Others

Physical Therapy Services Industry Research by Category:

By Service

  • Orthopedic Physical Therapy
  • Neurological Physical Therapy
  • Cardiopulmonary Physical Therapy
  • Sports Physical Therapy
  • Women's Health Physiotherapy

By Application

  • Acute and Chronic Pain
  • Sports Rehabilitation
  • Neurological Disorder
  • General Orthopedic
  • Cardiovascular Disorder
  • Others

By Region

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • The Middle East & Africa

Table of Contents

1. Executive Summary

  • 1.1. Global Physical Therapy Services Market Snapshot, 2024-2031
  • 1.2. Market Opportunity Assessment, 2024-2031, US$ Mn
  • 1.3. Key Market Trends
  • 1.4. Future Market Projections
  • 1.5. Premium Market Insights
  • 1.6. Industry Developments and Key Market Events
  • 1.7. PMR Analysis and Recommendations

2. Market Overview

  • 2.1. Market Scope and Definition
  • 2.2. Market Dynamics
    • 2.2.1. Drivers
    • 2.2.2. Restraints
    • 2.2.3. Opportunity
    • 2.2.4. Challenges
    • 2.2.5. Key Trends
  • 2.3. Macro-Economic Factors
    • 2.3.1. Global GDP Growth Outlook
    • 2.3.2. Global Healthcare Spending Outlook
  • 2.4. COVID-19 Impact Analysis
  • 2.5. Forecast Factors - Relevance and Impact

3. Value Added Insights

  • 3.1. Service Adoption Analysis
  • 3.2. Disease Epidemiology
  • 3.3. Regulatory Landscape
  • 3.4. Value Chain Analysis
  • 3.5. Key Deals and Mergers
  • 3.6. PESTLE Analysis
  • 3.7. Porter's Five Force Analysis

4. Global Physical Therapy Services Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

  • 4.1. Global Physical Therapy Services Market Outlook: Service
    • 4.1.1. Introduction / Key Findings
    • 4.1.2. Historical Market Size (US$ Bn) Analysis, By Service, 2019-2023
    • 4.1.3. Current Market Size (US$ Bn) Analysis and Forecast, By Service, 2024-2031
      • 4.1.3.1. Orthopedic Physical Therapy
      • 4.1.3.2. Neurological Physical Therapy
      • 4.1.3.3. Cardiopulmonary Physical Therapy
      • 4.1.3.4. Sports Physical Therapy
      • 4.1.3.5. Women's Health Physiotherapy
  • 4.2. Market Attractiveness Analysis: Service
  • 4.3. Global Physical Therapy Services Market Outlook: Application
    • 4.3.1. Introduction / Key Findings
    • 4.3.2. Historical Market Size (US$ Bn) Analysis, By Application, 2019-2023
    • 4.3.3. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
      • 4.3.3.1. Acute and Chronic Pain
      • 4.3.3.2. Sports Rehabilitation
      • 4.3.3.3. Neurological Disorder
      • 4.3.3.4. General Orthopedic
      • 4.3.3.5. Cardiovascular Disorder
      • 4.3.3.6. Others
  • 4.4. Market Attractiveness Analysis: Application

5. Global Physical Therapy Services Market Outlook: Region

  • 5.1. Key Highlights
  • 5.2. Historical Market Size (US$ Bn) Analysis, By Region, 2019-2023
  • 5.3. Current Market Size (US$ Bn) Analysis and Forecast, By Region, 2024-2031
    • 5.3.1. North America
    • 5.3.2. Europe
    • 5.3.3. East Asia
    • 5.3.4. South Asia and Oceania
    • 5.3.5. Latin America
    • 5.3.6. Middle East & Africa
  • 5.4. Market Attractiveness Analysis: Region

6. North America Physical Therapy Services Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

  • 6.1. Key Highlights
  • 6.2. Pricing Analysis
  • 6.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019-2023
    • 6.3.1. By Country
    • 6.3.2. By Service
    • 6.3.3. By Application
  • 6.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
    • 6.4.1. U.S.
    • 6.4.2. Canada
  • 6.5. Current Market Size (US$ Bn) Analysis and Forecast, By Service, 2024-2031
    • 6.5.1. Orthopedic Physical Therapy
    • 6.5.2. Neurological Physical Therapy
    • 6.5.3. Cardiopulmonary Physical Therapy
    • 6.5.4. Sports Physical Therapy
    • 6.5.5. Women's Health Physiotherapy
  • 6.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
    • 6.6.1. Acute and Chronic Pain
    • 6.6.2. Sports Rehabilitation
    • 6.6.3. Neurological Disorder
    • 6.6.4. General Orthopedic
    • 6.6.5. Cardiovascular Disorder
    • 6.6.6. Others
  • 6.7. Market Attractiveness Analysis

7. Europe Physical Therapy Services Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

  • 7.1. Key Highlights
  • 7.2. Pricing Analysis
  • 7.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019-2023
    • 7.3.1. By Country
    • 7.3.2. By Service
    • 7.3.3. By Application
  • 7.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
    • 7.4.1. Germany
    • 7.4.2. France
    • 7.4.3. U.K.
    • 7.4.4. Italy
    • 7.4.5. Spain
    • 7.4.6. Russia
    • 7.4.7. Turkey
    • 7.4.8. Rest of Europe
  • 7.5. Current Market Size (US$ Bn) Analysis and Forecast, By Service, 2024-2031
    • 7.5.1. Orthopedic Physical Therapy
    • 7.5.2. Neurological Physical Therapy
    • 7.5.3. Cardiopulmonary Physical Therapy
    • 7.5.4. Sports Physical Therapy
    • 7.5.5. Women's Health Physiotherapy
  • 7.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
    • 7.6.1. Acute and Chronic Pain
    • 7.6.2. Sports Rehabilitation
    • 7.6.3. Neurological Disorder
    • 7.6.4. General Orthopedic
    • 7.6.5. Cardiovascular Disorder
    • 7.6.6. Others
  • 7.7. Market Attractiveness Analysis

8. East Asia Physical Therapy Services Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

  • 8.1. Key Highlights
  • 8.2. Pricing Analysis
  • 8.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019-2023
    • 8.3.1. By Country
    • 8.3.2. By Service
    • 8.3.3. By Application
  • 8.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
    • 8.4.1. China
    • 8.4.2. Japan
    • 8.4.3. South Korea
  • 8.5. Current Market Size (US$ Bn) Analysis and Forecast, By Service, 2024-2031
    • 8.5.1. Orthopedic Physical Therapy
    • 8.5.2. Neurological Physical Therapy
    • 8.5.3. Cardiopulmonary Physical Therapy
    • 8.5.4. Sports Physical Therapy
    • 8.5.5. Women's Health Physiotherapy
  • 8.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
    • 8.6.1. Acute and Chronic Pain
    • 8.6.2. Sports Rehabilitation
    • 8.6.3. Neurological Disorder
    • 8.6.4. General Orthopedic
    • 8.6.5. Cardiovascular Disorder
    • 8.6.6. Others
  • 8.7. Market Attractiveness Analysis

9. South Asia & Oceania Physical Therapy Services Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

  • 9.1. Key Highlights
  • 9.2. Pricing Analysis
  • 9.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019-2023
    • 9.3.1. By Country
    • 9.3.2. By Service
    • 9.3.3. By Application
  • 9.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
    • 9.4.1. India
    • 9.4.2. Southeast Asia
    • 9.4.3. ANZ
    • 9.4.4. Rest of South Asia & Oceania
  • 9.5. Current Market Size (US$ Bn) Analysis and Forecast, By Service, 2024-2031
    • 9.5.1. Orthopedic Physical Therapy
    • 9.5.2. Neurological Physical Therapy
    • 9.5.3. Cardiopulmonary Physical Therapy
    • 9.5.4. Sports Physical Therapy
    • 9.5.5. Women's Health Physiotherapy
  • 9.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
    • 9.6.1. Acute and Chronic Pain
    • 9.6.2. Sports Rehabilitation
    • 9.6.3. Neurological Disorder
    • 9.6.4. General Orthopedic
    • 9.6.5. Cardiovascular Disorder
    • 9.6.6. Others
  • 9.7. Market Attractiveness Analysis

10. Latin America Physical Therapy Services Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

  • 10.1. Key Highlights
  • 10.2. Pricing Analysis
  • 10.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019-2023
    • 10.3.1. By Country
    • 10.3.2. By Service
    • 10.3.3. By Application
  • 10.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
    • 10.4.1. Brazil
    • 10.4.2. Mexico
    • 10.4.3. Rest of Latin America
  • 10.5. Current Market Size (US$ Bn) Analysis and Forecast, By Service, 2024-2031
    • 10.5.1. Orthopedic Physical Therapy
    • 10.5.2. Neurological Physical Therapy
    • 10.5.3. Cardiopulmonary Physical Therapy
    • 10.5.4. Sports Physical Therapy
    • 10.5.5. Women's Health Physiotherapy
  • 10.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
    • 10.6.1. Acute and Chronic Pain
    • 10.6.2. Sports Rehabilitation
    • 10.6.3. Neurological Disorder
    • 10.6.4. General Orthopedic
    • 10.6.5. Cardiovascular Disorder
    • 10.6.6. Others
  • 10.7. Market Attractiveness Analysis

11. Middle East & Africa Physical Therapy Services Market Outlook: Historical (2019-2023) and Forecast (2024-2031)

  • 11.1. Key Highlights
  • 11.2. Pricing Analysis
  • 11.3. Historical Market Size (US$ Bn) Analysis, By Market, 2019-2023
    • 11.3.1. By Country
    • 11.3.2. By Service
    • 11.3.3. By Application
  • 11.4. Current Market Size (US$ Bn) Analysis and Forecast, By Country, 2024-2031
    • 11.4.1. GCC Countries
    • 11.4.2. Egypt
    • 11.4.3. South Africa
    • 11.4.4. Northern Africa
    • 11.4.5. Rest of Middle East & Africa
  • 11.5. Current Market Size (US$ Bn) Analysis and Forecast, By Service, 2024-2031
    • 11.5.1. Orthopedic Physical Therapy
    • 11.5.2. Neurological Physical Therapy
    • 11.5.3. Cardiopulmonary Physical Therapy
    • 11.5.4. Sports Physical Therapy
    • 11.5.5. Women's Health Physiotherapy
  • 11.6. Current Market Size (US$ Bn) Analysis and Forecast, By Application, 2024-2031
    • 11.6.1. Acute and Chronic Pain
    • 11.6.2. Sports Rehabilitation
    • 11.6.3. Neurological Disorder
    • 11.6.4. General Orthopedic
    • 11.6.5. Cardiovascular Disorder
    • 11.6.6. Others
  • 11.7. Market Attractiveness Analysis

12. Competition Landscape

  • 12.1. Market Share Analysis, 2024
  • 12.2. Market Structure
    • 12.2.1. Competition Intensity Mapping By Market
    • 12.2.2. Competition Dashboard
  • 12.3. Company Profiles (Details - Overview, Financials, Strategy, Recent Developments)
    • 12.3.1. Select Medical Corporation
      • 12.3.1.1. Overview
      • 12.3.1.2. Segments and Services
      • 12.3.1.3. Key Financials
      • 12.3.1.4. Market Developments
      • 12.3.1.5. Market Strategy
    • 12.3.2. Encompass Health Corporation
    • 12.3.3. Kindred Healthcare LLC
    • 12.3.4. Concentra Inc.
    • 12.3.5. ATI Physical Therapy
    • 12.3.6. NovaCare Rehabilitation
    • 12.3.7. Kessler Rehabilitation Center
    • 12.3.8. S. Physical Therapy Inc.
    • 12.3.9. Athletico Physical Therapy
    • 12.3.10. HealthSouth Corporation
    • 12.3.11. FYZICAL Therapy & Balance Centers
    • 12.3.12. Results Physiotherapy
    • 12.3.13. CORA Physical Therapy
    • 12.3.14. Pivot Physical Therapy
    • 12.3.15. SPEAR Physical Therapy
    • 12.3.16. Others

13. Appendix

  • 13.1. Research Methodology
  • 13.2. Research Assumptions
  • 13.3. Acronyms and Abbreviations
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