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Rehab Equipment Market Forecasted by Invacare Corporation and Medline Industries, Inc. to 2021 - Key Manufacturers, Shares, Size, Overview, Growth Analysis and Industry Insights

02-01-2019 02:04 PM CET | Health & Medicine

Press release from: ReportsnReports

Rehab Equipment

Rehab Equipment

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The global rehabilitation equipment market is projected to reach USD 14.91 billion by 2021 from USD 9.86 billion in 2016, at a CAGR of 8.6% during the forecast period. Market growth can be attributed to factors such as increasing incidence of disabilities resulting from non-communicable diseases, favorable healthcare reforms, and rapid growth in the geriatric population coupled with the rising prevalence of chronic diseases.

The rehabilitation equipment market is categorized on the basis of type, application, end user, and region. Based on type, the market is categorized into mobility equipment, body support devices, exercise equipment, and daily living aids. The mobility equipment segment is projected to register the highest CAGR during the forecast period. The growth in this segment is attributed to the increasing the number of elderly people suffering from orthopedic impairments which is creating a demand for mobility equipment worldwide.

#Table of Content
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Rehabilitation Equipment Market, By Type
7 Rehabilitation Equipment Market, By Application
8 Rehabilitation Equipment Market, By End User
9 Rehabilitation Equipment Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix

Europe accounted for the largest share of the market. However, North America is expected to grow at the highest CAGR during the forecast period. Factors such as the increasing incidence of lifestyle diseases, growth in geriatric population, and strict government regulations mandating the use of rehabilitation equipment are driving the growth of the North American rehabilitation equipment market.

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Rehabilitation equipment market is segmented into mobility equipment, body support devices, exercise equipment, & daily living aids. In 2016, daily living aids segment accounted for largest share of market. Dominance of this segment is attributed to increasing prevalence of non-communicable diseases like cancer and cardiovascular diseases, which need long-term treatment.

North America is projected to be fastest-growing region in the rehabilitation equipment market during the forecast period. High growth in this region can be attributed to factors such as growth in geriatric population & subsequent increase in prevalence of lifestyle diseases& presence of favorable healthcare reforms. Various companies are focusing on technological advancements to improve the rehabilitation equipment offerings.

Competitive Landscape
1 Overview
2 Market Share Analysis
3 Strategic Overview
4 Competitive Situation and Trends
5 Agreements, Partnerships and Collaborations
6 Product Launches and Approvals
7 Expansions
8 Mergers and Acquisitions

Key players in this market include Invacare Corporation (U.S.), Medline Industries, Inc. (U.S.), Dynatronics Corporation (U.S.), Drive DeVilbiss Healthcare (U.S.), Changzhou Qian Jing Rehabilitation Co., Ltd. (China), Carex Health Brands (U.S.), Roma Medical (U.K.), Caremax Rehabilitation Equipment Co. Ltd. (China), GF Health Products, Inc. (U.S.), and Hospital Equipment Manufacturing Company (India).

#More Information on Rehabilitation Equipment Market by Type (Mobility (Wheelchair, Assist Device), Body Support (Lift, Sling), Exercise (Upper, Lower Body), Living Aids (Reading, Writing)), Application (Physiotherapy, OT), End User (Hospital, Clinic, Home Care) - Forecasts to 2021 report at http://www.rnrmarketresearch.com/contacts/purchase?rname=953065 .

Europe accounted for the largest share of the market. However, North America is expected to grow at the highest CAGR during the forecast period. Factors such as the increasing incidence of lifestyle diseases, growth in geriatric population, and strict government regulations mandating the use of rehabilitation equipment are driving the growth of the North American rehabilitation equipment market.

Competitive Landscape
1 Overview
2 Market Analysis
3 Competitive Situation and Trends
4 Product Launches and Upgrades
5 Agreements& Partnerships
6 Acquisitions & Mergers
7 Expansions

The rehabilitation equipment market is segmented into hospitals & clinics, rehabilitation centers, physiotherapy centers, and home care settings. In 2016, the hospitals & clinics segment accounted for the largest share of the market. The dominance of this segment in the rehabilitation equipment market is mainly attributed to the higher quality of treatment provided in hospitals and clinics, as opposed to other end-user segments.

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