Physical and Occupational Therapy Market

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The US PT and OT services market was surpassed at $53B in 2023 and is expected to hit around $92.38B by 2030, growing at a CAGR of 8.2% from 2023 to 2030. The orthopedic therapy segment dominated the industry with a share of more than 58.56% in 2022. Presently, there are over 42,300 physical therapy clinics in the US with an average annual revenue of $855,000. In addition, the market size of the global rehabilitation robotics is expected to grow to $2.56B in 2027 at a CAGR of 21.4%. We believe that robot-assisted physical therapy will gain more share of the market and can drastically change the treatment procedures.