The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033.
The Physical Therapy Software Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Physical Therapy Software Global Market Report 2024, The physical therapy software market size has grown strongly in recent years. It will grow from $24.56 billion in 2023 to $26.35 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth in the historic period can be attributed to increasing healthcare costs, focus on patient-centric care, integration of diagnostic tools, demand for outcome-based care, rising demand for remote healthcare.The physical therapy software market size is expected to see strong growth in the next few years. It will grow to $34.87 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%.
The increasing prevalence of osteoporosis is anticipated to drive the growth of the physical therapy software market. Osteoporosis, characterized by a decline in bone mineral density and mass bone, is a bone disease that can be influenced by factors such as low calcium intake. Physical therapy software plays a crucial role in supporting patients with osteoporosis by providing information on treatment plans, managing claims and invoices, and offering home exercise recommendations throughout their clinical process.For instance, statistics published by Amgen Inc., a US-based biotechnology company, in May 2022, highlighted that osteoporosis annually causes approximately 1.5 million fractures in the United States, resulting in associated costs of $19 billion. The projections indicate a 68% increase in the annual number of fractures caused by osteoporosis from 2018 to 2040, reaching 3.2 million. Consequently, the rising prevalence of osteoporosis is expected to propel the growth of the physical therapy software market.
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The physical therapy software market covered in this report is segmented –
1) By Terminal Type: PC Terminal, Mobile Terminal
2) By Deployment: On-Premise, Cloud
3) By Application: Hospitals, Clinics, Others Applications
Top Major Players
MPN Software Systems Inc.,
Practice Pro,
TherapySync,
Optima Healthcare Solutions LLC,
Meditab Software Pvt Ltd.
The physical therapy software market report table of contents includes:
1. Executive Summary
- Physical Therapy Software Market Characteristics
- Physical Therapy Software Market Trends And Strategies
- Physical Therapy Software Market – Macro Economic Scenario
- Global Physical Therapy Software Market Size and Growth
- Physical Therapy Software Market Segmentation
- Physical Therapy Software Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Physical Therapy Software Market
- Physical Therapy Software Market Future Outlook and Potential Analysis
- Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Physical Therapy Software Market, Segmentation By Terminal Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Physical Therapy Software Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Physical Therapy Software Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: MPN Software Systems Inc. Financial Performance
Table 75: Practice Pro Financial Performance
Table 76: TherapySync Financial Performance
Table 77: Optima Healthcare Solutions LLC Financial Performance
Table 78: Meditab Software Pvt Ltd. Financial Performance
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