Mexico Physiotherapy Equipment Market Outlook (2018 to 2032)
Synopsis
The above chart is Mexico Physiotherapy Equipment Market Outlook (2018 to 2032)
Market Dynamics
mexico physiotherapy equipment market is set to gain momentum due to the growing prevalence of health conditions such as arthritis, obesity, and lifestyle disorders. increasing awareness amongst people regarding the health benefits of physical therapies is also a major factor propel the market growth. according to the world health organization, the prevalence of chronic disabilities is estimated to be around 48.3 million in mexico, which is expected to drive the demand for physiotherapy equipment in the country. cost-effectiveness and willingness to be mobile are also considered as key factors in the increasing adoption of the equipment.
attracted by potential opportunities, international market players are making substantial investments in the physiotherapy equipment market. in 2017, djo global, united states-based physiotherapy equipment producer, announced the opening of its first-ever north american manufacturing facility in the assumption industrial park, tijuana, mexico. this facility is designed to produce not only djo’s braces, supports, and other orthopedic products, but also its cold therapy and post-surgical compression products.
favorable government initiatives are also expected to support the growth of the physiotherapy equipment market in the country. in an effort to reduce preventable disability among the population, mexican government has identified ‘prevention and health promotion’ as one of its main strategies to further reduce disabilities. through this strategy, the government has set an objective of creating national health promotion programs in different areas such as sport and physical activity, maternal and child health, and school health promotion. this in turn, is expected to facilitate the provision of suitable equipment and resources that can help physicians perform accurate and effective physiotherapy treatments.
in addition, government bodies in mexico have launched several efforts to reduce the burden of chronic conditions due to a lack of physical activity among mexican people. through its “prevention and health promotion” strategy, the government is encouraging physical activities; creating participatory sports activities and health promotion programs that support strategies based on public policies, including the use of physiotherapy equipment and services.
the mexican physiotherapy equipment market is projected to witness significant demand in the coming years due to supportive government policies, growing prevalence of chronic diseases, increasing awareness, rising disposable income, and cost-effectiveness of treatment.