Global Rehabilitation Equipment
Market Report
2024
The Rehabilitation equipment market was valued at USD 22.50 billion in 2022 and will reach USD 34.79 billion by 2030, registering a CAGR of 5.6 % for the forecast period 2023-2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Rehabilitation equipment market was valued at USD 22.50 billion in 2022 and will reach USD 34.79 billion by 2030, registering a CAGR of 5.6 % for the forecast period 2023-2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Rehabilitation Equipment Market Sales Revenue 2022 | $ 22.5 Billion |
Global Rehabilitation Equipment Market Sales Revenue 2030 | $ 34.79 Billion |
Global Rehabilitation Equipment Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.6% |
Market Split by Product |
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Market Split by Application |
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Market Split by End Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Rehabilitation Equipment Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Rehabilitation therapies are given to the increasing chronic diseases such as cancer and arthritis, the high risk of injuries to caregivers during manual handling of patients, and the increasing age population increases the demand for rehabilitation therapies. It is a process of treating injury and illness to a normal condition. Rehabilitation equipment is very much useful for people who are dealing with diseases such as physical disabilities, chronic illness, and injuries in order to improve coordination, mobility, and strength. They are also useful for the patient to reduce pain and help a person to become more independent. Major diseases such as Parkinson’s, Alzheimer’s, arthritis, and a growing number of trauma patients are increasing the adoption of rehabilitation therapy.
There is an increase in chronic diseases such as multiple sclerosis, and rheumatoid arthritis, and other diseases have increased the demand for rehabilitation equipment across the world. The important factor supporting the growth of the market is the National Center for Biotechnology Information which leads to physical disabilities and can be managed through rehabilitation centers. In addition, the demand for rehabilitation equipment increases to cure numerous health conditions such as spinal cord injury, fracture, and stroke.
Various factors such as poor adoption of rehabilitation facilities like lack of rehabilitation centers in rural areas, lack of prioritization funding, and policies, lack of trained professionals in rehabilitation, and scarcity of resources also result in less awareness regarding the growth of the rehabilitation equipment market. Awareness about the importance of rehabilitation services in developing and developed countries can increase the demand for the rehabilitation equipment market.
COVID-19 has decreased the market in the healthcare sector globally. Various diseases have pressured several industries to temporarily shut their scope in the healthcare domain. The impact of COVID-19 was negative because of the decrease in the sports tournaments and sports-related activities which were conducted globally leading to the disruption of healthcare services. The pandemic had also decreased the rate of road accidents because there was lockdown everywhere.
In addition, there was also a positive impact on the rehabilitation equipment market, which increased the organization’s total revenue, resulting in the manufacturing and distribution of rehabilitation equipment. So, an increase in the services for the elderly and disabled population can create a demand for rehabilitation equipment.
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Mount Sinai Health System announced Medline as the exclusive medical supply vendor
Both organizations collaborated to identify innovative strategies in order to advance supply chain operations, enhance patient outcomes, and control expenses. It also enabled the health system to system of measurements such as price accuracy, item consumption, and contract compliance.
IoTSG partners were connected with Prism Medical
Prism Medical UK expanded its level of care to end users which displayed the daily activity of vulnerable people by reducing the risk of injury or death.
Top Companies Market Share in Rehabilitation Equipment Industry: (In no particular order of Rank)
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North America has a very huge impact on the geriatric population. The increase in non-communicable ailments such as cardiovascular diseases, arthritis, and diabetes is increasing demand for the rehabilitation centers in order to improve contact with rehabilitation goods. North America has manufactured some rehabilitation goods such as power scooters, wheelchairs, and patient lifts. Various kinds of disorders and injuries are common in the country where people are suffering from chronic pain and any kind of physical disability providing an opportunity for the development of the rehabilitation equipment market.
The current report Scope analyzes Rehabilitation Equipment Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Rehabilitation Equipment Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Rehabilitation Equipment Industry growth. Rehabilitation Equipment market has been segmented with the help of its Product, Application End Use, and others. Rehabilitation Equipment market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Mobility equipment is expected to hold the largest share over the period
On the basis of product, the market is further divided into body support devices, daily living aids, mobility equipment, and exercise equipment. The mobility device is further divided into scooters, wheelchairs, and walking devices. Walking devices are the simplest form of mobile devices which are preferred by the largest population because of their low price and simplicity.
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Physiotherapy segments are expected to show steady growth over the forecasted period.
On the basis of the application, the market is divided into physiotherapy, occupational therapy, and pain reduction segments. The occupational segment has a major impact. Change in lifestyle is increasing the number of physiotherapy centers and other healthcare organizations in order to expand the market growth. Technological advancements and implantable technologies are increasing their demand for rehabilitation equipment in physiotherapy. In addition, this technique also improves, maintains, and restores an individual’s physical strength.
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The hospital segment is estimated to gain the largest share of the rehabilitation equipment market during the forecast period
On the basis of end users, the market is further divided into hospitals, rehabilitation centers, home care settings, physiotherapy centers, and clinics. Hospitals in this segment have witnessed the largest share over the period. Increasing non-communicable diseases such as Parkinson’s disease and technological advancement have increased the market in physiotherapy centers.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the medical devices & consumables industry. She has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations.
In her current role, Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses. Her collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization.Anushka remains an invaluable asset in the dynamic landscape of market research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Rehabilitation Equipment Market is witnessing significant growth in the near future.
In 2023, the Therapy Equipment segment accounted for noticeable share of global Rehabilitation Equipment Market and is projected to experience significant growth in the near future.
The Physical Rehabilitation & Training segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies G F HEALTH PRODUCTS INC. , Roma Medical Aids Ltd and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product | Therapy Equipment, Mobility Equipment, Exercise Equipment Market, Body Support Devices |
Application | Physical Rehabilitation & Training, Strength, Endurance, and Pain Reduction, Occupational Rehabilitation and & Training |
End Use | Hospitals & Clinics, Rehabilitation Centers, Home-care settings, Physiotherapy Centers |
List of Competitors | G F HEALTH PRODUCTS INC., Hospital Equipment Mfg. Co., Roma Medical Aids Ltd, Ekso Bionics, Invacare Corporation, Baxter International, Arjo Sweden, Drive DeVilbiss Healthcare |
This chapter will help you gain GLOBAL Market Analysis of Rehabilitation Equipment. Further deep in this chapter, you will be able to review Global Rehabilitation Equipment Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Analysis 2019 -2031, will provide market size split by Product. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by End Use Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Rehabilitation Equipment market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Therapy Equipment have a significant impact on Rehabilitation Equipment market? |
What are the key factors affecting the Therapy Equipment and Mobility Equipment of Rehabilitation Equipment Market? |
What is the CAGR/Growth Rate of Physical Rehabilitation & Training during the forecast period? |
By type, which segment accounted for largest share of the global Rehabilitation Equipment Market? |
Which region is expected to dominate the global Rehabilitation Equipment Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Quantitative Data |
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