Physical Therapists in Canada - Industry Market Research Report

Physical Therapists in Canada - Industry Market Research Report
Physical Therapists in Canada

Physical therapists have continued gaining popularity and have become essential to promoting health and wellness. Therapists have benefited from an aging population as adults aged 65 and older endure health conditions that require physiotherapy (think hip and knee replacements and arthritis). While the pandemic caused issues for many sectors, healthcare was deemed essential and therapists continued to treat patients at a limited rate. Some offices implemented several barriers and precautions to prevent the spread of the virus, while others conducted virtual sessions through video calls. Overall, industry revenue is expected to grow at a CAGR of 3.0% to $4.3 billion over the five years to 2023, including a 2.3% rise in 2023, when profit will reach 32.9%.

This industry administers medically prescribed physical therapy treatments; plans and administers educational, recreational and social activities designed to help patients with disabilities regain physical or mental functioning or adapt to their disabilities; and diagnoses and treats speech, language or hearing problems.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.