- The physical therapy industry is a red-hot market projected to grow to $72.70 billion by 2029.
- The demand for physical therapy is exploding in the U.S.
- Read about America's top 5 Physical Therapy Franchises capitalizing on this incredible growth!
The physical therapy industry is a $50 billion industry that is projected to grow from $50.26 billion in 2022 to $72.70 billion by 2029.
Physical Therapy is a highly fragmented market with no clear industry leader. Dominant industry players own less than 21% of the total market share combined.
Demand for physical therapy services is increasing exponentially: Americans have a growing desire to live active lifestyles, and the aging population is the largest generation in history - more than 10,000 people turn 65 daily! Plus the critical demand for non-opioid pain relief alternatives, it's easy to see why the need for physical therapy is sharply increasing.
FYZICAL Therapy & Balance Centers Named 2021 Most Profitable Business Franchise
If you're considering starting a healthcare business or a franchise opportunity in the healthcare space, now is the time to examine which franchise model is right for you. Here are 5 concepts that are quickly emerging as industry leaders in physical therapy franchises.
1. Physical Therapy NOW
This franchise concept was founded by Andy Zapata in late 2003 and has 40 locations in operation in three different states. In 2020, Physical Therapy Now ranked #500 on Entrepreneur’s Franchise 500 list. They specialize in extended hours at some locations, offer patients complimentary transportation, and use occupational therapists.
2. ApexNetwork Physical Therapy
ApexNetwork had humble beginnings in Highland, Illinois, as a single location in 1997, and they adopted a franchise model in 2008. ApexNetwork is headquartered in Ballwin, Missouri, and they have 90 franchised locations in 12 states. They are a full-service physical and occupational therapy provider offering sports rehabilitation, industrial rehabilitation, and aqua therapy.
3. FYZICAL Therapy & Balance Centers
FYZICAL is headquartered in Sarasota, Florida, and opened its first franchise location in 2013. The fastest-growing physical therapy franchise has grown rapidly to more than 500+ locations within the United States. FYZICAL was named the #1 Physical Therapy Franchise by Entrepreneur Magazine and recently won the Franchise Times Zor Award as Top Brand to Buy. Additionally, Franchise Business Review named FYZICAL as Most Profitable Franchises in 2021. FYZICAL Therapy & Balance Centers offer physical therapy, the #1 Balance and Vestibular Program, as well as fall prevention, sports rehabilitation, fitness programs, and individualized wellness programs.
FYZICAL Named Top Recession-Proof Franchise
4. PT Solutions Physical Therapy
PT Solutions was founded in 2003 by Dale Yake. This brand has 300 locations throughout eight states, including Alabama, Florida, Illinois, Kentucky, Louisiana, North Carolina, and Tennessee. Individual locations are owned by physical therapists and occupational therapists. They partner with private owners and with health systems.
5. U.S. Physical Therapy
This franchise was founded in 1990 and has 640 outpatient physical therapy clinics in 40 states. The company’s rapid growth is due to its number of strategic acquisitions since its inception. U.S. Physical Therapy specializes in pre and post-operative care for sports and orthopedic injuries. In addition to the franchise locations, the company manages additional PT facilities for 3rd parties – including hospital and physician groups. U.S. Physical Therapy is headquartered in Houston, Texas.
FYZICAL Wins ZOR Award as Top Brand to Buy
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