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Hong Kong Physiotherapy Market 2023 Share, Size, Key Players, Revenue Analysis | Prudent Markets

06-20-2023 07:53 PM CET | Health & Medicine

Press release from: Prudent Markets

Hong Kong Physiotherapy Market

Hong Kong Physiotherapy Market

The Hong Kong Physiotherapy Market 2023 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Hong Kong Physiotherapy market. This report explores all the key factors affecting the growth of the global Hong Kong Physiotherapy market, including demand-supply scenario, pricing structure, profit margins, production, and value chain analysis.

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Report Description of the Hong Kong Physiotherapy Market

Research Scope and Assumption

The report provides the market value for the base year 2020 and a yearly forecast up to 2028 in terms of revenue (USD billion)

The key industry dynamics, regulatory scenario, reimbursement scenario, major market trends, and drug markets are evaluated to understand their impacts on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis

We have used the combination of top-down and bottom-up approach for market sizing, analyzing key regional markets, dynamics, and trends for various solutions, services, and end uses

All market estimates and forecasts have been validated through primary interviews with the Key Industry Players (KIPs) and secondary analysis

Inflation has not been accounted for in order to estimate and forecast the market

Numbers may not add up due to rounding off

Research Objective:

To analyze and forecast the market size of Hong Kong Physiotherapy Device market

To classify and forecast Hong Kong Physiotherapy Market market based on application, Device, project type, and application.

To identify drivers and challenges for Hong Kong Physiotherapy market

To examine competitive developments such as mergers and acquisitions, agreements, collaborations and partnerships, etc., in Hong Kong Physiotherapy market

To conduct pricing analysis for Hong Kong Physiotherapy Device market

To identify and analyze the profile of leading players operating in Hong Kong Physiotherapy market

Reason to buy the report:

Facilitate decision-making based on strong current and forecast data for Atopic Dermatitis drug market

Develop strategies based on the latest regulatory framework

Strategically analyze micro-markets with respect to individual growth trends, future prospects, and their contribution to the market

Analyze competitive developments such as expansions, investments, mergers & acquisitions, new product developments, and research & developments in the Atopic Dermatitis market

Analyze the opportunities in the market for stakeholders and draw a competitive landscape for market leaders

To strategically profile key players and comprehensively analyze their market shares and core competencies

We have technically sound team which do a deep dive research and also provide strategy-based consulting analysis

Hong Kong Physiotherapy Market ExecutiveSummary

In Hong Kong Repetitive strain injury (RSI) is a common and serious occupational health problem. About 60% of all occupational injuries are caused by repetitive strain. The injury is characterised by discomfort or persistent pain in muscles, tendons, and other soft tissues. Repetitive strain injuries are caused by repetitive movement, sustained or constrained postures, and forceful movements as well as stress and unfavourable working conditions, consequently physiotherapy market will grow in the future years.

Market Size and Key Findings

The Hong Kong Physiotherapy market size is at around Hong Kong USD xx billion in 2021 and is projected to reach Hong Kong USD xx billion in 2028, exhibiting a CAGR of xx% during the forecast period.

The University of Hong Kong carried out a study, showing that most (90%) frontline service workers (travel, retail, catering, outdoor, medical professionals, office executives, persons involved in manufacturing) reported feeling pain, paralysis,inflexibility, and stiffness in more than one area. Hence, Hong Kong physiotherapy market will grow during the forecast period.

Market Dynamics

Market Growth Drivers Analysis

Growing geriatric population, growing numbers of cardiovascular and neurological incidences, increasing numbers of sport injuries cases are the major factors driving the Hong Kong physiotherapy market.

Market Restraints

High cost of physiotherapy equipment may hinder the market growth in the mentioned forecast period.

COVID-19 impact on "Hong Kong Physiotherapy Market

The effects of COVID-19 on the general population In Hong Kong has resulted in more people staying indoors and not engaging in routine physical activity, thus causing a significant increase in aggravated muscle pain and other numerous back/mobility issues among the public. In addition, the high number of white collar occupations in Hong Kong means many workers spend the majority of their day hunched over a desk, contributing to a rise in poor posture and back issues among the general population. Hence, physiotherapy market in demand in the country.

Competitive Landscape

Key Players

Key physiotherapy company in Hong Kong are Honry Electronics Co., Limited Samson Medical Supplies, Health Castle Ltd., Euromed Technologies Company Limited., and others

Notable Recent Deals

14 April 2021, Hong Kong - Union Medical Healthcare Limited ("Union Medical Healthcare" or the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, is pleased to announce that the Group will acquire a total 51% equity interest of a physiotherapy centre (the "target company") in order to further consolidate the pain management business in Hong Kong. The financial results of the target company will be consolidated into the consolidated financial statements of the Group.

Healthcare Policies and Regulatory Landscape

Policy changes and Reimbursement scenario of Hong Kong Physiotherapy Services

Most health insurance plans in Hong Kong cover physiotherapy under in-patient and out-patient care. It is important to note that most plans require a doctor referral letter to be eligible for reimbursement; especially so for series of treatments. Insurance plans usually limit physiotherapy treatment reimbursements and such limits can be: a maximum number of sessions pay year; a maximum overall amount per year; and/or a maximum amount per session.
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Physiotherapy Market Segmentation

By Equipment Type:.

Eectrotherapy equipment segment accounted for the largest share of the physiotherapy equipment market. The large share of this segment can be attributed to growing use of Neuromuscular electrical stimulation and therapeutic electrical stimulation in clinical settings for rehabilitation.

Hydrotherapy
Electrotherapy
Continuous Passive Motion Units
Multi-exercise Therapy Unit
Heat Therapy
Ultrasound
Other Equipment Types

By Application:

Based on application the market is segmented into cardiovascular and pulmonary, neurological, musculoskeletal, and other applications. The large share of the musculoskeletal applications segment is attributed to the rising incidence of musculoskeletal disorders, growth in the geriatric population, and the increasing number of accidents.

Cardiovascular and Pulmonary
Neurological
Musculoskeletal
Other Applications

By End User :

Based on End User Hong Kong physiotherapy market is segmented into hospitals, rehabilitation centers, and home care settings.

Hospitals
Rehabilitation Centers
Homes

Highlighted Segments of Hong Kong Physiotherapy Market:

Industry Overview: The first section of the research study covers an overview of the global Hong Kong Physiotherapy Market, market status and prospects, and product range. In addition, it provides highlights of the major segments of the global Market, i.e., region, type, and application segments.

Competitive Analysis: This report illuminates important mergers and acquisitions, business expansion, product or service differences, market concentration, the competitive status of the global Hong Kong Physiotherapy Market, and market size by player.

Company Profiles and Key Data: This section covers companies profiling the major players in the global Hong Kong Physiotherapy Market based on the aforementioned revenue, products, business, and other factors.

Market size by type and application: In addition to providing an in-depth analysis of the industry size by type and application, this section provides research on top end users or consumers and potential applications.

Market Dynamics: This report covers the drivers, trends, and opportunities of the global Hong Kong Physiotherapy Market. This section also includes Porter's analysis of five forces.

Findings and Conclusions: It provides strong recommendations for new as well as established players for securing a position of strength in the global Hong Kong Physiotherapy Market.

Prudent Markets provides attractive discounts that fit your needs. Customization of the reports as per your requirement is also offered. Get in touch with our sales team, who will guarantee you a report that suits your needs.

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The report covers the competitive analysis of the market. As the demand is driven by a buyer's paying capacity and the rate of item development, the report shows the important regions that will direct growth. This section exclusively shares insight into the budget reports of big-league members of the market helping key players and new entrants understand the potential of investments in the Global Hong Kong Physiotherapy Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.

Strategic Points Covered in Table of Content of Global Hong Kong Physiotherapy Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Hong Kong Physiotherapy market
Chapter 2: Exclusive Summary - the basic information of the Hong Kong Physiotherapy Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Hong Kong Physiotherapy
Chapter 4: Presenting the Hong Kong Physiotherapy Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Hong Kong Physiotherapy market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Why should you purchase this report?

-Prudent Markets provides the vital historical and analysis data of global Hong Kong Physiotherapy market.
-The report provides the entire assessment of the future market and altering market scenario or behavior.
-All the business decision could be backed through the several strategic business methodologies offered in the report.
-An extra edge in the competitive market could be obtained from this elaborative research report
-The report offers all the competitive landscape, growth drivers, applications, market dynamics, and other necessary details as well.

Purchase this report (Single User License) @ https://www.prudentmarkets.com/checkout/?id=141879&license_type=su

Free Customization on the basis of client requirements on Immediate purchase:
1- Free country-level breakdown of any 5 countries of your interest.
2- Competitive breakdown of segment revenue by market players.

Customization of the Report:
This report can be customized to meet the client's requirements. Please connect with our sales team (sales@prudentmarkets.com), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +91 83560 50278 || USA/Canada(Toll Free): 1800-601-6071 to share your research requirements.

Get ready to Recognize the pros and cons of the regulatory framework, local reforms, and its effect on the Industry. Understand how the Leaders in Intelligent Network are keeping themselves one stage forward with our most up-to-date survey analysis.

In conclusion, the Hong Kong Physiotherapy Market report is a genuine source for accessing the research data which is projected to exponentially grow your business. The report provides information such as economic scenarios, benefits, limits, trends, market growth rates, and figures. SWOT analysis and PESTLE analysis is also incorporated in the report.

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We are leaders in market analytics, business research, and consulting services for Fortune 500 companies, start-ups, financial & government institutions. Since we understand the criticality of data and insights, we have associated with the top publishers and research firms all specialized in specific domains, ensuring you will receive the most reliable and up to date research data available. To be at our client's disposal whenever they need help on market research and consulting services. We also aim to be their business partners when it comes to making critical business decisions around new market entry, M&A, competitive Intelligence and strategy.

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