Occupational And Physical Therapy Services Market - Growth, Trends, COVID-19 Impact, and Forecasts (2022 - 2027)

The Occupational And Physical Therapy Services Market is Segmented by Payor (Public Health Insurance, Private Health Insurance, and Out of Pocket), Application (Orthopedic Therapy, General Therapy, Geriatric Therapy, and Others), Settings (Hospitals, Outpatient Clinics, and Others), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report offers the value (in USD million) for the above segments.

Market Snapshot

Occupational And Physical Therapy Services Market Size
Study Period: 2019-2027
Base Year: 2021
Fastest Growing Market: Asia-Pacific
Largest Market: North America
CAGR: 15.8 %

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Market Overview

The Occupational And Physical Therapy Services Market is projected to register a CAGR of 15.8% during the forecast period.

During the COVID 19 pandemic, the occupational and physical therapy services market was adversely affected. Various research studies have provided insight into the impact of Covid on the studied market. For instance, in April 2021, a research study published titled "COVID-19: the importance of physical therapy in the recovery of workers' health" stated that COVID-19 affects a significant proportion of the active working population and can have physical, psychological, and cognitive consequences that result in functional disability, especially for individuals who require prolonged hospitalization and intensive care. Furthermore, in February 2022, another research study published titled "The impact of COVID-19 restrictions on occupational balance: A mixed-method study of the experience of Australian occupational therapists" stated that occupational therapists implemented their own theoretical approach to adaptation to cope with the COVID-19 restrictions. Thus, the market is expected to grow in the upcoming future.

Factors such as the increasing number of occupational and physical therapists, availability of medical reimbursements, and increasing incidence of sports injuries are expected to drive the market growth. A research study published in December 2019, titled "Occupational and Physical Therapists' Knowledge and Perceived Confidence Working in the Intensive Care Unit," stated that the benefits of early mobility in the intensive care unit (ICU) are well-documented and support the early mobilization of patients in a critical care setting. Unfortunately, only 45% of United States hospitals implement interdisciplinary early mobility teams as a standard practice of care. Reasons for not maintaining full-time, early occupational and physical therapy intervention teams can be related to perceptions from therapists, physicians, and other healthcare providers' limited knowledge and confidence in how and when to implement therapy intervention in the ICU environment. Therefore, the use of online learning for healthcare providers may prove to be a valued method for increasing and maintaining practitioners' competency and confidence in their clinical skills while in the ICU. According to a report published in 2021 by the Bureau of Labor Statistics, there are over 110,566 Physical Therapists currently employed in the United States. 63.7% of all Physical Therapists are women, while 36.3% are men. Furthermore, a 2022 report published by Fitness Industry Statistics stated that soccer has the highest estimated number of annual injuries, at 15,113. Its competition injury rate is also the highest for women's sports, at 17.2 for every 1000 games. The lowest injury rate in women's sports is for swimming and diving, at 1.8 per 1000 games.

Thus, owing to the above-mentioned factors, the studied market growth is expected to increase during the study period.​

Scope of the Report

Physical therapy (PT) and occupational therapy (OT) are types of rehabilitative care. PT focuses on restoring or improving movement, strength, and range of motion. OT aims to improve the motor skills you need to perform daily tasks. The Occupational And Physical Therapy Services Market is Segmented by Payor (Public Health Insurance, Private Health Insurance, and Out of Pocket), Application (Orthopedic Therapy, General Therapy, Geriatric Therapy, and Others), Settings (Hospitals, Outpatient Clinics, and Others), and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The market report also covers the estimated market sizes and trends for 17 different countries across major regions, globally. The report offers the value (in USD million) for the above segments.

By Payor
Public Health Insurance
Private Health Insurance
Out of Pocket
By Application
Orthopedic Therapy
General Therapy
Geriatric Therapy
By Setting
Outpatient Clinics
North America
United States
United Kingdom
Rest of Europe
South Korea
Rest of Asia-Pacific
Middle-East and Africa
South Africa
Rest of Middle-East and Africa
South America
Rest of South America

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Key Market Trends

Orthopedic Therapy Segment is Expected to Hold a Significant Market Share Over the Forecast Period

Factors such as increasing orthopedic-related disorders coupled with research studies in the segment, the market is expected to grow in the upcoming period. According to the April 2021 report of the World Health Organization, 37.3 million falls are recorded every year around the world, which is serious enough that they require medical attention, and falls are the second leading cause of unintentional injury deaths globally.​ The volume of knee and hip replacement surgeries has also increased in recent years, which has also positively impacted the growth in the segment in the studied market. For instance, as per the June 2021 report of the Canadian Institute of Health Information, 63,496 hip replacements and 75,073 knee replacements were performed in the period 2019-2020 in Canada, and there was an average increase of about 5% in recent years.

A research study titled “A study – Incidence and pattern of musculoskeletal injuries among patients attending the emergency of the tertiary health care center in Central India,” published in the Journal of Orthopedic Diseases and Traumatology in August 2019, analyzed 6,574 injured patients from the emergency department. The study concluded that fractures were the most prevalent type of injury, and they were common, coupled with other injuries, particularly head injuries. Such studies provide insight into the prevalence of the type of orthopedic injuries. Based on the type of injuries, the service provider can implement the required therapy. Hence, with such studies, the market is expected to grow in the forecast period.

Hence, owing to the above conditions, the studied market is expected to grow over the forecast period.

Occupational And Physical Therapy Services Market Research

North America is Expected to Dominate the Market Over the Forecast Period

The North American market is estimated to witness growth due to the presence of the established healthcare system and the presence of occupational and physical service providers in the market. The demand for physical therapy will come in part from a large number of the aging population. Older people are more likely to experience heart attacks, strokes, and mobility-related injuries that require physical therapy for rehabilitation. In addition, a number of chronic conditions, such as diabetes and obesity, have become more prevalent in recent years. More physical therapists will be needed to help these patients maintain their mobility and manage the effects of chronic conditions. Advances in medical technology have increased the use of outpatient surgery to treat a variety of injuries and illnesses. Medical and technological developments also are expected to permit the survival of a greater number of trauma victims and newborns with birth defects, creating additional demand for rehabilitative care. Physical therapists will continue to help these patients recover from surgery. According to the report published by the Bureau of Labor Statistics, US Department of Labor, in April 2022, the employment of physical therapists is projected to grow 21 percent from 2020 to 2030, much faster than the average for all occupations. About 15,600 openings for physical therapists are projected each year, on average, over the decade. Research studies to understand the impact of occupational therapy on disorders are another factor for the growth of the market. For instance, in January 2020, a research study published titled "Physical, occupational, and speech therapy for children with cerebral palsy" conducted a prospective, longitudinal study involving 656 children with cerebral palsy. The study concluded that children were more likely to progress 'more than expected' when participating in recreation when therapies were family-centered, met children's needs, and focused on structured play/recreation. A focus on health and well-being was positively associated with participation and self-care. This study received a grant from the Canadian Institutes of Health Research. Such studies are expected to increase the growth of the market in the forecast period.

Thus, due to the abovementioned factors, the market is likely to grow in the future.

Occupational And Physical Therapy Services Market Report

Competitive Landscape

The market is partially fragmented and consists of several major players. Some of the companies which are currently dominating the market are ATI Holdings, LLC, Select Medical Corporation, Encompass Health Corporation, Upstream Rehabilitation Inc., and Athletico Physical Therapy, among others.

Recent Development

  • In January 2022, Novo Integrated Sciences, Inc. signed an Amended and Restated Master Facility License Agreement with LAF Canada Company to provide outpatient physical and/or occupational therapy services and related products within LA Fitness facilities in both the US and Canada.
  • In April 2022, Ivy Rehab, a national leader in outpatient musculoskeletal rehabilitative services and pediatric therapy, expanded its presence with the addition of 12 outpatient clinics through a partnership and the strategic opening of new clinics.

Table of Contents


    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study




    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Occupational and Physical Therapists

      2. 4.2.2 Availability of Medical Reimbursements in Some Countries

      3. 4.2.3 Increasing Incidence of Sports Injuries

    3. 4.3 Market Restraints

      1. 4.3.1 Lack of Awareness and Access to the Services in Emerging Markets

    4. 4.4 Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION (Market Size by Value – USD million)

    1. 5.1 By Payor

      1. 5.1.1 Public Health Insurance

      2. 5.1.2 Private Health Insurance

      3. 5.1.3 Out of Pocket

    2. 5.2 By Application

      1. 5.2.1 Orthopedic Therapy

      2. 5.2.2 General Therapy

      3. 5.2.3 Geriatric Therapy

      4. 5.2.4 Others

    3. 5.3 By Setting

      1. 5.3.1 Hospitals

      2. 5.3.2 Outpatient Clinics

      3. 5.3.3 Others

    4. 5.4 Geography

      1. 5.4.1 North America

        1. United States

        2. Canada

        3. Mexico

      2. 5.4.2 Europe

        1. Germany

        2. United Kingdom

        3. France

        4. Italy

        5. Spain

        6. Rest of Europe

      3. 5.4.3 Asia-Pacific

        1. China

        2. Japan

        3. India

        4. Australia

        5. South Korea

        6. Rest of Asia-Pacific

      4. 5.4.4 Middle-East and Africa

        1. GCC

        2. South Africa

        3. Rest of Middle-East and Africa

      5. 5.4.5 South America

        1. Brazil

        2. Argentina

        3. Rest of South America


    1. 6.1 Company Profiles

      1. 6.1.1 Athletico Physical Therapy

      2. 6.1.2 ATI Holdings, LLC

      3. 6.1.3 Bologna Isokinetic Srl

      4. 6.1.4 Concentra, Inc.

      5. 6.1.5 CORA Health Services, Inc

      6. 6.1.6 Encompass Health Corporation

      7. 6.1.7 Knight Health Holdings, LLC

      8. 6.1.8 MED-1 Occupational Health Services

      9. 6.1.9 PT SOLUTIONS

      10. 6.1.10 Select Medical Corporation

      11. 6.1.11 U.S. Physical Therapy, Inc.

      12. 6.1.12 Upstream Rehabilitation Inc.

    2. *List Not Exhaustive

**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments

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Frequently Asked Questions

The Global Occupational And Physical Therapy Services Market market is studied from 2019 - 2027.

The Global Occupational And Physical Therapy Services Market is growing at a CAGR of 15.8% over the next 5 years.

Asia-Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2021.

ATI Holdings, LLC, Athletico Physical Therapy, Encompass Health Corporation, Upstream Rehabilitation Inc., Select Medical Corporation are the major companies operating in Global Occupational And Physical Therapy Services Market.

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