Report Overview

The Australian Physiotherapy Service market size stood at USD 2.46 billion in 2019 and is projected to reach USD xx billion by 2028, exhibiting a CAGR of xx% during the forecast period.

Expanding geriatric population in Australia, higher prevalence and incidences of orthopedic disorders, growing womens healthcare concern, and rise in the awareness among people regarding the advantages of physiotherapy are the prime growth drivers of the Australian physiotherapy services market. However, higher cost and maintenance of physiotherapy equipment, shortage of skilled physiotherapists, and increasing popularity of other services such as acupuncture are the key restraints for the Australian physiotherapy services market.



Market Growth Drivers

In Australia, Private health insurance members use physiotherapy services more often than other consumers because some extras cover include physiotherapy treatment costs. Thus, an increase in private health insurance membership numbers can provide an opportunity for industry growth. Physiotherapy remains one of the ancillary health benefits covered by private health insurance as of 1 April 2019, following the recently announced overhaul of Australia's private health insurance system. Australia's population will continue to age, further assisting industry revenue growth. Physiotherapists are expected to increasingly move into specializations, including geriatric services and sports therapy. Specializing in certain fields will allow practitioners to differentiate themselves from the rest of the price-competitive industry, enabling them to charge higher prices and contribute to revenue growth.