- The physical therapy industry is projected to grow from $65.4 billion to $128 billion in 2032.
- The demand for physical therapy - for all ages - is exploding in the U.S.
- Read about America's top 5 Physical Therapy Franchises capitalizing on this incredible growth!
The physical therapy industry in the U.S. is growing rapidly and is projected to more than double—from $65.4 billion today to $128 billion by 2032. Demand for services is surging across all age groups, driven by the nation’s aging population, the desire for non-invasive treatment options, and increased focus on active lifestyles and wellness.
In this article, we’ll explore the top five physical therapy franchise opportunities in America that are positioned to capitalize on this incredible market growth. Whether you’re an entrepreneur, healthcare professional, or investor looking to enter the PT space, these leading brands are worth watching.
Why Physical Therapy Franchises Are a Smart Investment in 2025
The U.S. physical therapy industry, currently valued at approximately $59 billion, is on track to reach $128 billion by 2032.
This is a highly fragmented industry with no single dominant brand. In fact, the top players combined control less than 21% of market share, making it a prime landscape for growth and disruption.
What’s driving this explosive growth?
- Aging population: Over 10,000 Americans turn 65 daily, increasing demand for mobility and balance services.
- Preventive healthcare: Americans want to stay active longer and avoid surgery.
- Non-opioid solutions: PT is a safe, evidence-based alternative for managing chronic pain.
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Top Physical Therapy Franchises to Watch in 2024
1. FYZICAL Therapy & Balance Centers
Headquarters: Sarasota, Florida
Founded: 2013
Locations: 600+ across 46 states
FYZICAL Therapy & Balance Centers is currently the fastest-growing physical therapy franchise in the country. The brand has over 600 locations and is widely recognized for its #1 proprietary Balance and Vestibular Program, two groundbreaking services only available at FYZICAL, which uses industry-leading fall prevention solutions such as clinical diagnosis and applied sensory mismatch theory. It is the leading balance program worldwide, addressing falls, dizziness, and neurological issues—services in high demand, especially among older adults.
FYZICAL’s holistic approach to physical therapy includes:
- Personalized care plans
- Non-invasive treatments
- Direct access options (no referral required)
- A strong emphasis on patient choice and independence
FYZICAL has earned multiple top honors, including:
If you're looking to own a PT clinic but don't have the capital, FYZICAL offers a unique Partnership Advantage Program that lets physical therapists earn equity by partnering with existing FYZICAL owners. The program also offers several funding options for physical therapists and a comprehensive support network for franchisees. No healthcare experience is required.
2. ApexNetwork Physical Therapy
Headquarters: Highland, IL
Franchise Since: 2008
Locations: 90+ in 11 states
ApexNetwork Physical Therapy offers a full suite of services, including:
- Sports rehab
- Industrial rehab
- Aquatic therapy
- Occupational therapy
Founded in 1997, the brand transitioned into franchising in 2008 and has steadily expanded throughout the Midwest and beyond.
3. Physical Therapy NOW
Headquarters: Florida
Founded: 2003
Locations: 40 clinics in 3 states
Physical Therapy Now made Entrepreneur’s Franchise 500 list and differentiates itself through:
- Extended hours
- Free transportation at select clinics
- A growing emphasis on occupational therapy
They work with sports injuries, chronic conditions, and post-surgical recovery procedures, including:
- Exercise Therapy
- Pain Management
- Concussion Therapy
- Whiplash Therapy
- Manual Therapy
- Massage Therapy
- Stretch Therapy and more
4. U.S. Physical Therapy
Headquarters: Houston, Texas
Founded: 1990
Locations: 776 outpatient clinics in 44 states
Founded in 1990, U.S. Physical Therapy, Inc. operates outpatient physical therapy clinics throughout the United States. Known for its acquisition model, U.S. Physical Therapy combines franchised clinics with partnerships and management contracts for hospitals and physician groups. The clinics provide preventative and post-operative care for a variety of orthopedic-related disorders and sports-related injuries, treatment for neurologically-related injuries, and rehabilitation of injured workers.
5. PT Solutions Physical Therapy
Headquarters: Georgia
Founded: 2003
Locations: 550+ clinics in 25 states
PT Solutions is a blend of health system partnerships and independently-owned clinics. It’s particularly strong in the Southeast, offering physical and occupational therapy services tailored to community needs. Founded in 2003, PT Solutions delivers comprehensive rehabilitation services, including physical therapy, occupational therapy, speech-language pathology, athletic training, and sports medicine, across outpatient clinics, inpatient rehab facilities, and acute care settings.
People Also Ask:
How Much Does a Physical Therapist Make
How to Fund Your Physical Therapy Practice
How to Build a Physical Therapy Practice Your Competitors Will Be Jealous Of
See Why Fyzical is a Top Low-Cost Franchise
FYZICAL Resources For You:
The Investment Opportunity Guide
Funding Your Physical Therapy Practice
The Physical Therapy Industry Report
More FYZICAL Resources
