Physical Therapy Market Revenue to Attain USD 45.83 Bn by 2033

25 Jun 2025

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Table of Content

1. Physical Therapy Market Revenue and Trends 2025 to 2033 2. Market Overview 3. Segment Outlook 4. Regional Insights 5. Physical Therapy Market Coverage 6. Physical Therapy Market Key Players

Physical Therapy Market Revenue and Trends 2025 to 2033

The global physical therapy market revenue surpass USD 26.04 billion in 2025 and is predicted to attain around USD 45.83 billion by 2033, growing at a CAGR of 7.32%. The growing aging population, increasing prevalence of numerous chronic and musculoskeletal conditions, and the acceptance of technology-driven non-invasive and telehealth rehabilitation solutions are expected to boost the growth of the market.

Market Overview

The global physical therapy market is expected to expand at a significant rate due to several factors. Firstly, the rapid growth of the elderly population in developed countries correlates with increased cases of age-related musculoskeletal conditions, arthritis, and post-operative rehabilitation. Secondly, there is a growing prevalence of chronic conditions, such as obesity, diabetes, and cardiovascular disease. At last, the rising incidence of sports-related injuries. All these factors boost the demand for physical therapy.

The rising awareness among people about the prolonged benefits of physiotherapy, including improved mobility, pain management, and faster recovery, led to an increased adoption rate. Technological advancements, including virtual rehabilitation, wearable therapy devices, and AI-driven diagnostics, are enhancing patient outcomes. In addition, the rise of telehealth creates immense opportunities in the market.

Segment Outlook

• By application, the orthopedic physical therapy segment held a major share of the market in 2024. This is mainly due to the significant rise in the number of patients with arthritis and musculoskeletal disorders, which often require pain relief. This boosted the demand for non-surgical rehabilitation.
• By age group, the adults segment captured the largest market share in 2024. This is mainly due to the growing prevalence of age-related musculoskeletal issues and workplace injuries, boosting the demand for preventive rehabilitation.
• By end-user, the hospitals segment led the market with the biggest revenue share in 2024. The increased patient volume in these settings contributed to segmental dominance. These settings often have dedicated units for certain conditions, including orthopedic, which is a major factor in increasing patient volumes, and so does the demand for physical therapy.
• By treatment, the therapies segment dominated the market in 2024 due to the rapid shift of patients toward drug-free alternatives. Therapies like exercise and hydro and electro-therapies are in high demand due to their proven effectiveness in pain relief and mobility improvements.

Regional Insights

North America registered dominance in the physical therapy market, accounting for a major revenue share in 2024. This is mainly due to its strong healthcare system and availability of insurance coverage for orthopedic treatments. The rising prevalence of chronic and musculoskeletal disorders and the rapid adoption of innovative technologies in healthcare delivery ensure the long-term growth of the market.

Asia Pacific is expected to witness the fastest growth in the market during the projected timeframe. Rising healthcare spending, an aging population, and growing demand for outpatient and telemedicine services are expected to drive the growth of the market. Moreover, the increasing incidence of sports and accidental injuries contributes to regional market growth.

Physical Therapy Market Coverage

Recent Developments

• In April 2025, a new water-based therapy has been launched at Jersey Hospital to help patients manage persistent pain and mobility issues.
  (Source: https://www.bbc.com)

Physical Therapy Market Key Players

• AmeriCare Physical Therapy (U.S.)
• Rehab Alternatives PLLC (U.S.)
• PIVOT Physical Therapy (U.S.)
• ProHealth Limited (Hong Kong)
• BTL (India)
• DJO LLC (U.S.)
• Performance Health (U.S.)
• Athletico Physical Therapy (U.S.)
• Geisinger Health (U.S.)
• Select Medical Corporation (U.S.)
• Knight Health Holdings, LLC (U.S.)
• Concentra, Inc. (U.S.)
• EMS Physio Ltd. (U.K.)
• U.S. Physical Therapy, Inc. (U.S.)
  Isokinetics (U.S.)

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