Rehabilitation Equipment Market: size was valued at USD 14.84 Bn. in 2022 and the total Rehabilitation Equipment revenue is expected to grow by 6% from 2023 to 2029, reaching nearly USD 22.31 Bn.
Rehabilitation Equipment Market Overview:
The Rehabilitation Equipment Market study may be tailored to incorporate pricing trend analysis of target brands, Market knowledge for additional countries (ask for a list of countries), clinical trial outcomes data, literature research, refurbished Market and product base analysis, and more. Target rival Market analysis can range from technology-based study to Market portfolio strategies. We can add as many rivals as you need data on in the format and data type you like. Our analysts can also supply you with data in raw raw excel files pivot tables or help you create presentations using the data sets included in the report.
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Rehabilitation Equipment Market: Rehabilitation is a therapeutic approach that uses counselling and therapy to assist patients heal from an illness, accident, or disease. Reusable in nature, a large range of equipment is becoming more and more popular among customers. The main reasons propelling the growth of the rehabilitation equipment market are the rising prevalence of chronic diseases, favourable healthcare reforms, and the fast-growing geriatric population or incidence of disabilities caused by noncommunicable diseases.
Segmentation:
by Product
1. Daily Living Aids
1.1. Medical Beds
1.2. Bathroom & Toilet Assist Devices
1.3. Reading Writing & Computer Aids
2. Mobility Equipment
2.1. Wheelchairs & Scooters
2.2. Walking Assist Devices
3. Exercise Equipment
3.1. Lower Body Exercise Equipment
3.2. Upper Body Exercise Equipment
4. Body Support Devices
4.1 Patient Lifts
4.2 Medical Lifting Slings
Assuming the Product Mobility equipment, daily living aids, body support devices, and exercise equipment are the four product categories that make up the market for rehabilitation equipment. In 2016, the mobility equipment category held a dominant 37.1% market share of the whole market. Over the course of the projected period, this segment is expected to continue to dominate due to the expanding global population of elderly and disabled people. Walking aids, wheelchairs, and scooters are other categories of mobility devices. The most basic kind of mobility equipment is a walking aid, which is why the target demographic prefers it because it is inexpensive and simple to use.
Throughout the projection period, daily life aids are anticipated to be the second-largest product type category. This market is anticipated to expand at a
by Application
1. Physiotherapy
2. Occupational Therapy
Predicated on the Submission, The two applications that make up the rehabilitation equipment market are occupational therapy and physical therapy. The exercise equipment in the physiotherapy section is intended to help patients recover from injuries or the start of degenerative diseases. Occupational therapy adopts a more comprehensive strategy.
Throughout the forecast period, the market is anticipated to grow as a result of favourable healthcare reforms, an ageing population, changing lifestyles, and an increase in physiotherapy centres. Further factors driving the need for rehabilitation equipment in physiotherapy are the development of virtual reality, exoskeletons, robots, implanted pain management technology, and growing demand in emerging nations. A person’s physical strength and mobility can be improved, maintained, and restored by physiotherapy using a range of approaches after.
by End-use
1. Hospitals & Clinics
2. Rehab Centers
3. Home Care Settings
4. Physiotherapy Centers
Hospitals and clinics, rehab facilities, home care settings, and physiotherapy centres make up the end-use segments of the rehabilitation devices market. Hospitals made up over 35.1% of the total in 2022. Because of the vast number of hospitals that treat patients, this market is anticipated to expand dramatically over the projection period.
Over the course of the forecast period, revenue for rehab centres is anticipated to expand due to rising noncommunicable disease prevalence, higher awareness of physiotherapy, and technological developments in physiotherapy centres. Rehab centres are predicted to rise significantly during the projected period as a result of rising rehab centre penetration in emerging nations.
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Key Players:
The Market competitive landscape Rehabilitation Equipment gives information by competitor. Business overview, financials, revenue produced, Market potential, investment in RD, new Market efforts, worldwide presence, production sites and facilities, production capacity, company strengths and weaknesses, product launch, product width and breadth, application domination are all mentioned. The data points presented above are only linked to the firms’ concentration on the Rehabilitation Equipment sector. These are the main players-
1. Baxter International (US)
2. Invacare Corporation (US)
3. Amigo Mobility International (US)
4. Argo Medical (US)
5. Medline Industries (US)
6. Coalfax (US)
7. Dynatro nics Corporation (US)
8. Access Rehabilitation Group (US)
9. Drive DeVilbiss Healthcare (US)
10. GF HEALTH PRODUCTS (US)
11. Stryker (US)
12. Carex Health Brands (US)
13. Esko Bionics (US)
14. Maddak, Inc (US)
15. Roma Medical (UK)
16. Drive DeVilbiss Healthcare (UK)
17. Handicare Group AB (Sweden)
18. Hospital Equipment Mfg. Co. (India)
19. India Medico Instruments (India)
20. Changzhou Qian Jing Rehabilitation equipment (China)
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Regional Analysis:
The country portion of the Rehabilitation Equipment Market study additionally includes individual Market affecting elements and changes in legislation in the Market that affect present and future Market trends. Consumption volumes, production sites and volumes, import export analysis, price trend analysis, raw material costs, and downstream and upstream value chain analysis are some of the primary indicators utilised to anticipate the Market situation for particular nations. While providing forecast analysis of the nation data, the existence and availability of global brands, as well as the obstacles they face due to significant or scarce competition from local and domestic brands, as well as the impact of domestic tariffs and trade routes, are also taken into account.
COVID-19 Impact Analysis on Rehabilitation Equipment Market:
A detailed study of Covid-19 impacts the Rehabilitation Equipment Market is provided in the report.
The World Health Organization has declared Covid-19 a global health emergency due to its impact on thousands of people worldwide. The Coronavirus disease, which already affects these groups, had affected Rehabilitation Equipment Market segments.
Key Questions answered in the Rehabilitation Equipment Market Report are:
- At what growth rate is the Rehabilitation Equipment Market evolving?
- Who are the major Market giants operating in the global Rehabilitation Equipment Market?
- Which application segment of the Rehabilitation Equipment Market is observing the fastest growth?
- What is the primary driving factor of the global Rehabilitation Equipment Market?
