The physiotherapy market is expected to grow at a CAGR of 3% during the forecast period. Growing number of healthcare providers, Rising older population, and Growing use of portable physiotherapy equipment in sports are some of the significant factors fueling physiotherapy market growth.
Growing number of healthcare providers
Chiropractic therapy and Ayurveda are used as substitutes for physiotherapy. Chiropractic therapy is used to treat a patient with spine disorders. The other substitute therapy, which prevails in the Indian market, is Ayurveda, a natural and traditional treatment procedure for almost all kinds of health problems. The Ayurveda specialist can offer treatment for neurological disorders. Therefore, the threat of substitutes is high in 2019 and is expected to remain the same during the forecast period
