Physical Therapy Services Market Size, Share, Trends, Growth Outlook

Global Physical Therapy Services Market size of $148.6 Billion in 2024 and is forecast to register a growth rate (CAGR) of 3.8% to reach $185.9 Billion by 2030.

The global Physical Therapy Services Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Application (Orthopedic Therapy, Geriatric Therapy, Cardiopulmonary Therapy, Pediatric Therapy, Neurological Therapy, Women’s Health, Others), By Setting (Outpatient Clinics, Hospitals, Home Healthcare, Others), By Payer (Public Insurance, Private Insurance, Out of Pocket).

An Introduction to Physical Therapy Services Market

Physical therapy plays a crucial role in restoring function and mobility, improving quality of life for individuals recovering from injury, surgery, or chronic conditions. The Physical Therapy Services market is expanding as aging populations, sports injuries, and chronic diseases drive demand for rehabilitative services. With a focus on evidence-based practices, patient-centered care, and telehealth solutions, physical therapy providers are addressing the evolving healthcare needs of diverse patient populations.

Physical Therapy Services MarketCompetitive Landscape

The market report analyses the leading companies in the industry including Athletico Physical Therapy, ATI Physical Therapy, BTL, CORA Health Services Inc, Drayer Physical Therapy Institute, EMS Physio Ltd, Enhabit Home Health & Hospice, NovaCare Rehabilitation, Professional Physical Therapy, ProHealth Ltd, Rehab Alternatives PLLC, Select Physical Therapy, U.S. Physical Therapy Inc, and others.

Physical Therapy Services MarketDynamics

Physical Therapy Services Market Trend: Expansion of Telehealth and Remote Physical Therapy Services

The Physical Therapy Services market is experiencing a prominent trend towards the expansion of telehealth and remote physical therapy services. With advancements in technology and the COVID-19 pandemic accelerating digital healthcare adoption, patients and providers are increasingly leveraging telemedicine platforms for physical therapy consultations, exercise programs, and monitoring of rehabilitation progress. This trend offers greater accessibility, convenience, and continuity of care for patients while enabling therapists to reach a wider geographic area and optimize resource utilization.

Physical Therapy Services Market Driver: Aging Population and Rise in Chronic Musculoskeletal Conditions

A key driver for the Physical Therapy Services market is the aging population and the corresponding increase in chronic musculoskeletal conditions. As individuals age, they are more prone to conditions such as osteoarthritis, back pain, and joint disorders, necessitating physical therapy interventions for pain management, mobility improvement, and functional restoration. The growing prevalence of sedentary lifestyles and work-related musculoskeletal injuries further drives the demand for physical therapy services, making it a vital component of comprehensive healthcare.

Physical Therapy Services Market Opportunity: Integration of Digital Health Tools and Personalized Therapy Plans

The Market Opportunity for the Physical Therapy Services market lies in the integration of digital health tools and personalized therapy plans. Incorporating wearable sensors, mobile apps for home exercise programs, and data analytics platforms into physical therapy practice can enhance patient engagement, outcomes tracking, and treatment adherence. Moreover, developing personalized therapy plans based on patient-specific needs, goals, and progress can optimize therapeutic outcomes and differentiate services in a competitive market landscape. Companies that embrace digital health innovations and tailor therapy approaches to individual patients' requirements can capitalize on this opportunity and deliver value-added services in the physical therapy sector.

Market Share Analysis: Physical Therapy Services Market Sees Rapid Growth, Propelled by Surge in Orthopedic Therapy Segment

Within the Physical Therapy Services market, the Orthopedic Therapy segment is experiencing the fastest growth. This surge is primarily driven by several factors. Firstly, the increasing prevalence of musculoskeletal disorders, such as arthritis, back pain, and sports injuries, is driving the demand for orthopedic therapy services. As the aging population grows and individuals remain active later in life, there is a greater need for rehabilitation and injury prevention strategies, leading to increased utilization of orthopedic therapy. Additionally, advancements in orthopedic treatment modalities and surgical techniques, coupled with the integration of physical therapy into comprehensive orthopedic care pathways, are expanding the scope and effectiveness of orthopedic therapy services. Moreover, the rising awareness about the importance of early intervention and rehabilitation in optimizing musculoskeletal health is fueling the demand for orthopedic therapy across various healthcare settings. As healthcare providers and patients prioritize musculoskeletal health and mobility, the Orthopedic Therapy segment is poised for sustained growth, driving significant momentum in the Physical Therapy Services market.

Physical Therapy Services Market Report Segmentation

By Application
Orthopedic Therapy
Geriatric Therapy
Cardiopulmonary Therapy
Pediatric Therapy
Neurological Therapy
Women’s Health
Others
By Setting
Outpatient Clinics
Hospitals
Home Healthcare
Others
By Payer
Public Insurance
Private Insurance
Out of Pocket
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)

 

Physical Therapy Services Market Companies Profiled in the Study

Athletico Physical Therapy
ATI Physical Therapy
BTL
CORA Health Services Inc
Drayer Physical Therapy Institute
EMS Physio Ltd
Enhabit Home Health & Hospice
NovaCare Rehabilitation
Professional Physical Therapy
ProHealth Ltd
Rehab Alternatives PLLC
Select Physical Therapy
U.S. Physical Therapy Inc
*- List Not Exhaustive

 

TABLE OF CONTENTS

1 Introduction to 2024 Physical Therapy Services Market Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Covered
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 Executive Summary
3.1 Global Physical Therapy Services Market Market Size Outlook, $ Million, 2021 to 2030
3.2 Physical Therapy Services Market Market Outlook by Type, $ Million, 2021 to 2030
3.3 Physical Therapy Services Market Market Outlook by Product, $ Million, 2021 to 2030
3.4 Physical Therapy Services Market Market Outlook by Application, $ Million, 2021 to 2030
3.5 Physical Therapy Services Market Market Outlook by Key Countries, $ Million, 2021 to 2030

4 Market Dynamics
4.1 Key Driving Forces of Physical Therapy Services Market Industry
4.2 Key Market Trends in Physical Therapy Services Market Industry
4.3 Potential Opportunities in Physical Therapy Services Market Industry
4.4 Key Challenges in Physical Therapy Services Market Industry

5 Market Factor Analysis
5.1 Value Chain Analysis
5.2 Competitive Landscape
5.2.1 Global Physical Therapy Services Market Market Share by Company (%), 2023
5.2.2 Product Offerings by Company
5.3 Porter’s Five Forces Analysis
5.4 Pricing Analysis and Outlook

6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 Global Physical Therapy Services Market Market Outlook by Segments
7.1 Physical Therapy Services Market Market Outlook by Segments, $ Million, 2021- 2030
By Application
Orthopedic Therapy
Geriatric Therapy
Cardiopulmonary Therapy
Pediatric Therapy
Neurological Therapy
Women’s Health
Others
By Setting
Outpatient Clinics
Hospitals
Home Healthcare
Others
By Payer
Public Insurance
Private Insurance
Out of Pocket

8 North America Physical Therapy Services Market Market Analysis and Outlook To 2030
8.1 Introduction to North America Physical Therapy Services Market Markets in 2024
8.2 North America Physical Therapy Services Market Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Physical Therapy Services Market Market size Outlook by Segments, 2021-2030
By Application
Orthopedic Therapy
Geriatric Therapy
Cardiopulmonary Therapy
Pediatric Therapy
Neurological Therapy
Women’s Health
Others
By Setting
Outpatient Clinics
Hospitals
Home Healthcare
Others
By Payer
Public Insurance
Private Insurance
Out of Pocket

9 Europe Physical Therapy Services Market Market Analysis and Outlook To 2030
9.1 Introduction to Europe Physical Therapy Services Market Markets in 2024
9.2 Europe Physical Therapy Services Market Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Physical Therapy Services Market Market Size Outlook by Segments, 2021-2030
By Application
Orthopedic Therapy
Geriatric Therapy
Cardiopulmonary Therapy
Pediatric Therapy
Neurological Therapy
Women’s Health
Others
By Setting
Outpatient Clinics
Hospitals
Home Healthcare
Others
By Payer
Public Insurance
Private Insurance
Out of Pocket

10 Asia Pacific Physical Therapy Services Market Market Analysis and Outlook To 2030
10.1 Introduction to Asia Pacific Physical Therapy Services Market Markets in 2024
10.2 Asia Pacific Physical Therapy Services Market Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Physical Therapy Services Market Market size Outlook by Segments, 2021-2030
By Application
Orthopedic Therapy
Geriatric Therapy
Cardiopulmonary Therapy
Pediatric Therapy
Neurological Therapy
Women’s Health
Others
By Setting
Outpatient Clinics
Hospitals
Home Healthcare
Others
By Payer
Public Insurance
Private Insurance
Out of Pocket

11 South America Physical Therapy Services Market Market Analysis and Outlook To 2030
11.1 Introduction to South America Physical Therapy Services Market Markets in 2024
11.2 South America Physical Therapy Services Market Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Physical Therapy Services Market Market size Outlook by Segments, 2021-2030
By Application
Orthopedic Therapy
Geriatric Therapy
Cardiopulmonary Therapy
Pediatric Therapy
Neurological Therapy
Women’s Health
Others
By Setting
Outpatient Clinics
Hospitals
Home Healthcare
Others
By Payer
Public Insurance
Private Insurance
Out of Pocket

12 Middle East and Africa Physical Therapy Services Market Market Analysis and Outlook To 2030
12.1 Introduction to Middle East and Africa Physical Therapy Services Market Markets in 2024
12.2 Middle East and Africa Physical Therapy Services Market Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Physical Therapy Services Market Market size Outlook by Segments, 2021-2030
By Application
Orthopedic Therapy
Geriatric Therapy
Cardiopulmonary Therapy
Pediatric Therapy
Neurological Therapy
Women’s Health
Others
By Setting
Outpatient Clinics
Hospitals
Home Healthcare
Others
By Payer
Public Insurance
Private Insurance
Out of Pocket

13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
Athletico Physical Therapy
ATI Physical Therapy
BTL
CORA Health Services Inc
Drayer Physical Therapy Institute
EMS Physio Ltd
Enhabit Home Health & Hospice
NovaCare Rehabilitation
Professional Physical Therapy
ProHealth Ltd
Rehab Alternatives PLLC
Select Physical Therapy
U.S. Physical Therapy Inc

14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

By Application
Orthopedic Therapy
Geriatric Therapy
Cardiopulmonary Therapy
Pediatric Therapy
Neurological Therapy
Women’s Health
Others
By Setting
Outpatient Clinics
Hospitals
Home Healthcare
Others
By Payer
Public Insurance
Private Insurance
Out of Pocket
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)