1、Physical Therapy Market OverviewQ4 20242Physical Therapy Market OverviewPHYSICAL THERAPY SERVICES REPRESENT A$61 BILLION MARKET IN THE U.S.,ENCOMPASSING A WIDE RANGE OF PATIENT NEEDS IN A VARIETY OF CLINICAL CARE SETTINGS.Patients seek treatment from physical therapy providers for a variety of reaso
2、ns,including general pain management,rehabilitation from injury,recovery from surgery,and ongoing wellness and injury preventionSince treatment needs are wide-ranging,individual therapists may choose to specialize and focus on the demands of a specific patient demographicRehabilitation takes place i
3、n a variety of clinical care settings,including traditional outpatient and inpatient provider sites,third-party sites that rely on contract physical therapy providers,as well as in the patients home THE PHYSICAL THERAPY ECOSYSTEM(1)WebPT,Industry Trends in M&A and Total Addressable Market Study.(2)P
4、eterson Health Technology Institute,Virtual Musculoskeletal Solutions,(June 2024).(3)HW internal estimates based on third-party sources including WebPT and IBIS industry reports.(4)In addition to providing basic physical therapy services,home health providers may also offer skilled nursing care,occu
5、pational therapy,speech therapy,or daily living assistance,which are not classified as rehabilitative care for purposes of these materials.$34B$34BOverviewOutpatient Therapy(1,2)$37BPhysical therapy services provided to patients in either a long-term acute care(LTAC)hospital or inpatient rehabilitat
6、ion facility(IRF)Common Services ProvidedCardiovascular:Treatment of circulatory system issues following events like coronary bypass surgery or heart attacksNeurological:Treatment of neurological disorders along with brain or spine-related injuriesContract Therapy(4)$4BInpatient Therapy(3)$20BDelive