Malaysia Physiotherapy Market Analysis

Malaysia Physiotherapy Market Analysis

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The Malaysia physiotherapy market size was valued at $85 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 5.85% from 2022 to 2030 and will reach $135 Mn in 2030. The physiotherapy market in Malaysia is expected to see steady growth in the coming years, as more people seek out these services to improve their health and quality of life. The market is segmented by Product Type Application Type, and End User. The major players in the Malaysian physiotherapy market are PhysioMalaysia, PT Zone, Synergy Rehab Pinnacle Rehab, The Physio Company, and others.

ID: IN10MYHS016 CATEGORY: Healthcare Services GEOGRAPHY: Malaysia

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Malaysia Physiotherapy Market Executive Summary

The Malaysia physiotherapy market size was valued at $85 Mn in 2022 and is estimated to expand at a compound annual growth rate (CAGR) of 5.85% from 2022 to 2030 and will reach $135 Mn in 2030.  With a score of 95 points out of 100, Malaysia has been ranked first as the world's best in healthcare with its world-class healthcare services and sophisticated infrastructure. Total health expenditure covers the provision of health services (preventive and curative), family planning activities, nutrition activities, and emergency aid designated for health but does not include the provision of water and sanitation. In Malaysia Health expenditure per capita is US$ 437, healthcare expenditure per capita based on public-private partnership (PPP) is US$ 1,133, and government health expenditure per capita is US$ 219. A total of 52.2% of the current healthcare expenditure is a share of general government expenditure on healthcare.

The physiotherapy service is offered in cases when movement and function are in danger due to old age, injury, pain, illnesses, disorders, conditions, and/or environmental factors, with the premise that functional mobility is essential to being healthy. During physical therapy, the physical therapist collaborates with patients/clients, other medical specialists, families, carers, and communities. In order to examine/assess movement potential and create goals, physical therapists employ information and skills that are special to their field. Through promotion, prevention, treatment, and rehabilitation, physical therapists seek to identify and maximize each patient's potential for mobility and quality of life.

The physiotherapy services sector is characterized by high degrees of fragmentation and low levels of concentration. The top 4 businesses account for less than 10% of industry revenue. The majority of companies in this industry are small, and around half of the physiotherapy practices are sole proprietorships. It is evident that industry operators don't necessarily need to merge in order to obtain greater economies of scale because there are so many small businesses and so few larger ones, together with the strong profit margins of the industry.

Malaysia Physiotherapy Market

Market Dynamics

Market Growth Drivers

The physiotherapy market in Malaysia is likely to grow in the coming years due to an increase in the number of people suffering from chronic diseases, such as diabetes and obesity, as well as an aging population. This increase in demand for physiotherapy services is expected to create opportunities for physiotherapists and physiotherapy clinics in the country.

There are several factors that may impact the growth of the physiotherapy market in Malaysia. These include the availability of trained physiotherapists, the cost of physiotherapy services, and the level of insurance coverage for physiotherapy. In addition, the adoption of new technologies, such as telehealth, may also impact the market.

Market Restraints

There are several factors that may act as restraints on the physiotherapy market in Malaysia, such as limited access to healthcare: In some parts of the country, access to healthcare, including physiotherapy, may be limited due to a lack of facilities or trained professionals. This can make it difficult for individuals to receive the treatment they need.

The high cost of physiotherapy services can be a barrier for some individuals, particularly those who do not have insurance or are underinsured. Moreover, the stigma surrounding physiotherapy can discourage individuals from seeking treatment.

Lack of awareness regarding physiotherapy among individuals may not be aware of the benefits of physiotherapy or may not understand how it can help them. This can lead to a lack of demand for physiotherapy services.

Competitive Landscape

Key Players

  • PhysioMalaysia (MYS)
  • PT Zone (MYS)
  • Kinetik Wellness (MYS)
  • RehabZone (MYS)
  • Synergy Rehab (MYS)
  • Pinnacle Rehab (MYS)
  • The Physio Company (MYS)
  • Move Forward (MYS)
  • EMS Physio Ltd.
  • BTL Industries, Inc.
  • Isokinetics, Inc.
  • Algeo Limited
  • DJO Global, Inc.
  • Dynatronics Corporation, Inc.

Healthcare Policies and Regulatory Landscape

In Malaysia, the Ministry of Health is responsible for regulating the healthcare system. The Ministry sets policies and standards for healthcare services and oversees the operation of public hospitals and clinics. Private healthcare providers are also regulated by the Ministry of Health to ensure that they meet certain standards.

There are several professional bodies that regulate specific healthcare professions in Malaysia, including the Malaysian Medical Council (which regulates doctors), the Malaysian Dental Council (which regulates dentists), and the Malaysian Society of Physiotherapy (which regulates physiotherapists). These bodies are responsible for setting standards for education and practice, and for issuing licenses to practitioners. They also have the authority to discipline practitioners who violate professional standards.

1. Executive Summary
1.1 Service Overview
1.2 Global Scenario
1.3 Country Overview
1.4 Healthcare Scenario in Country
1.5 Healthcare Services Market in Country
1.6 Recent Developments in the Country

2. Market Size and Forecasting
2.1 Market Size (With Excel and Methodology)
2.2 Market Segmentation (Check all Segments in Segmentation Section)

3. Market Dynamics
3.1 Market Drivers
3.2 Market Restraints

4. Competitive Landscape
4.1 Major Market Share

4.2 Key Company Profile (Check all Companies in the Summary Section)

4.2.1 Company Overview Product Applications and Services Recent Developments Partnerships Ecosystem Financials (Based on Availability)

5. Reimbursement Scenario
5.1 Reimbursement Regulation
5.2 Reimbursement Process for Services
5.3 Reimbursement Process for Treatment

6. Methodology and Scope

Physiotherapy Market Segmentation

By Product: (Revenue, USD Billion):

Based on product, the physiotherapy equipment market is divided into two major segments, namely, equipment and accessories. The equipment segment accounted for the largest share of the physiotherapy equipment market in 2021. The equipment segment is further segmented into electrotherapy equipment, ultrasound equipment, exercise therapy equipment, heat therapy equipment, cryotherapy equipment, combination therapy equipment, continuous passive motion therapy equipment, shockwave therapy equipment, laser therapy equipment, magnetic pressure therapy equipment, traction therapy, and other physiotherapy equipment (hydrotherapy and vacuum therapy). Owing to the increasing use of electrotherapy equipment in the treatment of musculoskeletal disorders and owing to increasing concerns for patients’ safety and minimal/no side-effects during the physiotherapy treatments.

  • Equipment
  • Electrotherapy equipment
  • Ultrasound equipment
  • Exercise therapy equipment
  • Heat therapy equipment
  • Cryotherapy equipment
  • Combination therapy equipment
  • Continous passive motion therapy equipment
  • Shockwave therapy equipment
  • Laser therapy equipment
  • Magnetic pressure therapy equipment
  • Traction therapy
  • Other physiotherapy equipment
  • Accessories
  • Manual Therapy
  • Specialized treatment
  • Joint Mobilization Techniques
  • Suspension Therapy

By Application (Revenue, USD Billion):

Based on application, the physiotherapy equipment market is segmented into musculoskeletal applications, neurological applications, cardiovascular and pulmonary applications, pediatric applications, gynecological applications, and other applications (including sports and palliative care). The musculoskeletal applications segment holds a dominating share attributed to the increasing adoption of physiotherapies to accelerate recovery of accidental injuries, rising incidence of musculoskeletal disorders, and growth in the geriatric population.

By Applications

  • Musculoskeletal applications
  • Neurological applications
  • Cardiovascular and pulmonary applications
  • Pediatric applications
  • Gynecological applications
  • Other applications

By End-user (Revenue, USD Billion):

Based on end users, the physiotherapy equipment market is segmented into physiotherapy & rehabilitation centers, hospitals, home care settings, physician offices, and other end users (community health centers and elderly care facilities). In 2021, the physiotherapy & rehabilitation centers segment accounted for the largest share of the physiotherapy equipment market due to increasing demand for advanced physiotherapy equipment and their wide usage across the care continuum across these centers.

  • Physiotherapy & Rehabilitation centers
  • Hospitals
  • Home care settings
  • Physician offices

Insights10 will provide you with the reports within 10 key parameters which are:

  1. Market Overview
  2. Market Growth Drivers & Restraints
  3. Epidemiology of Disease Type
  4. Market Segmentation
  5. Market Share
  6. Competitive Landscape
  7. Key Company Profiles
  8. Healthcare Policies & Regulatory Framework
  9. Reimbursement Scenario
  10. Factors Driving Future Growth

Based on our many years of experience, we believe that these are the parameters that are critical to decision-making for business stakeholders. Our focused approach to developing reports focused on 10 key parameters, enabled us to arrive at the name “Insights10”.


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The study on the market covers the analysis of the leading geographies such as Asia-Pacific, Africa, Europe, Middle East, North America, and  Latin America for the period of 2022 to 2030. The qualitative analysis covers the industry landscape and trends, market opportunities, competitive landscape, and policy and regulatory scenario, and the quantitative analysis covers different market estimates and forecasts.

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Stage III: Interpretation and Presentation

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Last updated on: 18 July 2023
Updated by: Bhanu Pratap Singh

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