In 2018, the physical therapy industry was worth approximately $34.5 billion. As of 2023, it has grown to an impressive $50.26 billion industry and is projected to grow to $72.70 billion by 2029. Many physical therapy businesses offer services ranging from occupational, physical, speech, and audiology therapy. The industry's growth is due to advancements made, including increased direct access, the aging of the largest generation in history, and the growing awareness of physical therapy's role in preventing short-term disabilities from becoming chronic. Physical therapy is proven to effectively alleviate pain in patients and reduce the need for opioid medications, as well as speed up the recovery of musculoskeletal injuries.
As of 2023, the U.S. reported having 45,905 physical therapy rehabilitation facilities but no clear market leader in the industry. Learn more about the opportunities related to physical therapy business opportunities by exploring the following companies:
U.S. Physical Therapy is one of the most prominent publicly-traded outpatient occupational and physical therapy clinic operators. It has over 655 units across 40 states. It started its operations in 1990, providing preventative and post-operative care for many orthopedic and sports-related injuries.
Partnering with this company looks like this:
Additional details on partnering with U.S. Physical Therapy aren't publicly available.
The company started its operations in 2003 under the leadership of Andres Zapata and has been franchising since 2015. It provides physical therapy and miscellaneous health services. Currently, Physical Therapy now has 40 locations in Florida and Texas.
Financial requirements and ongoing fees are:
The company provides third-party financing and offers online training, 40-hour classroom training, and 40-hour on-the-job training.
Dale Yake founded P.T. Solutions in 2003, and it has grown to own 423 physical therapy practices nationwide. The franchise partners with private owners and health systems.
Factors that make P.T. Solutions a viable franchising option include:
When you partner with the company, you'll be better off overcoming every modern challenge in the physical therapy landscape. The financial requirements are not publicly available.
FYZICAL was started in 2012 under the visionary leadership of founder and CEO, Jim Abrams. Thirteen years later, Brian Belmont leads the growth as CEO of the 525+ locations, awarded the rank of #1 Physical Therapy Franchise by Entrepreneur Magazine and Franchise Times' 2023 Top Franchise. Franchising began in 2013, and FYZICAL is currently seeking franchisees in every state throughout the U.S. If you're interested in opening a physical therapy practice, or transitioning your existing clinic to the FYZICAL model (without losing your equity or ownership), here are some facts you should know:
When you partner with FYZICAL, you will learn and implement proven training, systems, and operational procedures and protocols, such as the 10-point management system and Business Intelligence systems. FYZICAL will also help you to strategically plan and execute on your business goals to help set you up to achieve the most success!
Whether you already own an active practice or you’d like to start one in your area, FYZICAL’s proprietary balance and vestibular paradigm will give your practice the advantage. You don’t even need a background in healthcare to partner.
FYZICAL partners with physical therapists and entrepreneurs who are looking for the opportunity to open a physical therapy practice in their community. If you already own a private practice, FYZICAL can help you transition to the FYZICAL business model so you can optimize your operational procedures for financial success while simultaneously providing the highest level of care to patients. If you’re ready to start a business where helping people love their life is the top priority, request more information about franchising with FYZICAL Therapy & Balance Centers - ranked #1 Physical Therapy Franchise by Entrepreneur Magazine.
In FYZICAL clinics, we are focused on a pathway to sustainable growth and excellent patient outcomes. Contact us today to schedule a pre-qualification call and learn more about the opportunity with FYZICAL.