US Occupational & Physical Therapy Services Market

1. U.S. Occupational & Physical Therapy Services Market Analysis The U.S. occupational and physical therapy services market is projected to grow from $65.36 billion in 2025 to $128.17 billion by 2032, with a compound annual growth rate of 10.1%. Key market drivers include:  Rising prevalence of chronic conditions and musculoskeletal disorders  Growing elderly population requiring therapy services  Increasing sports-related injuries (445,642 injuries from exercise equipment in 2022, up from 409,224 in 2021)  Shift toward non-opioid pain management alternatives  Favorable reimbursement policies By Setting  Outpatient clinics (largest segment)  Hospitals  Others By Application  Orthopedic therapy (dominant segment)  General therapy  Geriatric therapy  Pediatric therapy  Neurological therapy  Others Major players dominating the market include: Select Medical ATI Physical Therapy Athletico Physical Therapy Upstream Rehabilitation Inc. U.S. Physical Therapy Recent strategic developments:  In February 2023, Select Medical Corporation partnered with AtlantiCare to manage 13 outpatient physical therapy centers in New Jersey  In September 2023, U.S. senators reintroduced the Expanded Telehealth Access Act to permanently allow virtual access to therapy services through Medicare  In November 2023, ATI Physical Therapy expanded to 900 total clinics with three new locations

2. The COVID-19 pandemic initially impacted the market negatively in 2020 due to clinic closures and reduced patient visits, but the sector has since rebounded strongly with increased adoption of telehealth services. Report- Fortune Business Insights - U.S. Occupational & Physical Therapy Services Market Report https://www.fortunebusinessinsights.com/u-s-occupational-physical-therapy-services-market- 106420