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Rehab Equipment Market 2021 Research by Type (Mobility (Wheelchair, Assist Device), Body Support (Lift, Sling), Exercise (Upper, Lower Body), Living Aids (Reading, Writing)), Application (Physiotherapy, OT), End User and Forecast Analysis

07-01-2021 11:36 AM CET | Health & Medicine

Press release from: ReportsnReports

A comprehensive Rehab Equipment Market analysis report serves to be an ideal solution for a better understanding of the market and high business growth. It has become the requisite of this rapidly changing marketplace to take up such marker report that makes aware of the market conditions around. This market report comprises an array of factors that have an influence on the market and industry which are industry insight and critical success factors (CSFs), market segmentation and value chain analysis, industry dynamics, drivers, restraints, key opportunities, technology, and application outlook, country-level and regional analysis, competitive landscape, company market share analysis and key company profiles.

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Based on type, the rehabilitation equipment market is segmented mobility equipment, body support devices, exercise equipment, and daily living aids. The mobility equipment segment is expected to grow at the highest CAGR during 2016–2021. 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. Moreover, the increasing number of disabled people and growing awareness on safety measures in handling patients are driving the demand for mobility equipment.

North America is projected to be the 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 and the subsequent increase in the prevalence of lifestyle diseases and the presence of favorable healthcare reforms.

Various companies are focusing on technological advancements to improve the rehabilitation equipment offerings. The market is a rapidly growing market hence; many companies are launching new products to meet the increasing demand and niche requirements of the stakeholders. Invacare Corporation (U.S.) launched Kite electric powered wheelchair and TDX2 Low Rider power wheelchair (October 2016), and power chair control system – Invacare LiNX, Simply SMART (July 2016). Also, the company upgraded its rehabilitation products such as Küschall Champion SK, folding wheelchair (February 2017) and its LiNX power wheelchairs by modifying and programming it wirelessly via Bluetooth (December 2016).

Research Coverage:

This market is categorized on the basis of type, application, end user, and region. Apart from comprehensive geographical analysis, product analysis, and market sizing, the report also provides a competitive landscape that covers growth strategies adopted by industry players in the last three years. In addition, the company profiles comprise basic views on the key players and their product portfolios, developments, and strategies adopted. The above-mentioned market research data, current market sizes, and forecast of future trends will help key players and new entrants make informed decisions regarding product offerings, geographical focus, changes in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Reasons to Buy the Report:

The report will enrich both established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn will help firms garner greater market shares. Firms purchasing the report can use any one or a combination of the below-mentioned five strategies for strengthening their market shares.

The report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of top players in the rehabilitation equipment market. The report analyzes this market by type, application, end user, and region
Product Development/Innovation: Detailed insights on upcoming technologies, R&D activities, and new product launches in there habilitation equipment market
Competitive Assessment: In-depth assessment of market strategies, geographical and business segments, and product portfolios of the leading players in there habilitation equipment market
Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the market for rehabilitation equipment across regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the rehabilitation equipment market.

The 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 2016-2021. The market for rehabilitation equipment is expanding due to the 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. On the other hand, the high cost & maintenance expense of rehabilitation equipment are limiting the growth of the market to a certain extent.

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Market Stakeholders

2 Research Methodology
2.1 Market Size Estimation
2.2 Market Breakdown and Data Triangulation
2.3 Key Data From Secondary Sources
2.4 Key Data From Primary Sources
2.5 Assumptions for the Study

3 Executive Summary

4 Premium Insights
4.1 Rehabilitation Equipment: Market Overview
4.2 Rehabilitation Equipment Market Size, By Type, 2016 vs 2021 (USD Billion)
4.3 Market Size, By Application, 2016 vs 2021 (USD Billion)
4.4 Rehabilitation Equipment Market, By End User
4.5 Geographic Snapshot of the Rehabilitation Equipment Market

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Incidence of Disabilities
5.2.1.2 Favorable Healthcare Reforms
5.2.1.3 Rapid Growth in Geriatric Population
5.2.2 Restraint
5.2.2.1 Lack of Standard Pricing, High Cost of Rehabilitation Products
5.2.3 Opportunities
5.2.3.1 Technological Advancements
5.2.3.2 Emerging Countries
5.2.4 Challenges
5.2.4.1 Reimbursement Issues
5.2.4.2 Lack of Awareness

6 Rehabilitation Equipment Market, By Type
6.1 Introduction
6.2 Daily Living Aids
6.2.1 Medical Beds
6.2.2 Bathroom & Toilet Assist Devices
6.2.3 Reading, Writing, and Computing Aids
6.3 Mobility Equipment
6.3.1 Wheelchairs & Scooters
6.3.1.1 Power Wheelchairs
6.3.1.2 Mobility Scooters
6.3.1.3 Manual Wheelchairs
6.3.2 Walking Assist Devices
6.4 Exercise Equipment
6.4.1 Lower-Body Exercise Equipment
6.4.2 Upper-Body Exercise Equipment
6.4.3 Total-Body Exercise Equipment
6.5 Body Support Devices
6.5.1 Patient Lifts
6.5.2 Medical Lifting Slings

7 Rehabilitation Equipment Market, By Application
7.1 Introduction
7.2 Physiotherapy
7.3 Occupational Therapy

8 Rehabilitation Equipment Market, By End User
8.1 Introduction
8.2 Hospitals & Clinics
8.3 Rehabilitation Centers
8.4 Home Care Settings
8.5 Physiotherapy Centers

9 Rehabilitation Equipment Market, By Region
9.1 Introduction
9.2 Europe
9.2.1 U.K.
9.2.2 Germany
9.2.3 France
9.2.4 Rest of Europe (RoE)
9.3 North America
9.3.1 U.S.
9.3.2 Canada
9.4 Asia-Pacific (APAC)
9.5 Rest of the World

10 Competitive Landscape
10.1 Overview
10.2 Market Analysis
10.3 Competitive Situation and Trends
10.3.1 Product Launches and Upgrades
10.3.2 Agreements& Partnerships
10.3.3 Acquisitions & Mergers
10.3.4 Expansions

11 Company Profiles
(Introduction, Products & Services, Strategy, & Analyst Insights, Developments, MnM View)*
11.1 Introduction
11.2 Invacare Corporation
11.3 Medline Industries, Inc.
11.4 Dynatronics Corporation
11.5 Drive Devilbiss Healthcare
11.6 Changzhou Qian Jing Rehabilitation Co., Ltd.
11.7 Carex Health Brands (Subsidiary of Compass Health Brands)
11.8 ROMA Medical
11.9 Caremax Rehabilitation Equipment Co. Ltd.
11.10 GF Health Products, Inc.
11.11 HEMC (Hospital Equipment Manufacturing Company)

*Details on Marketsandmarkets View, Introduction, Product & Services, Strategy, & Analyst Insights, New Developments Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Insights From Industry Experts
12.2 Discussion Guide
12.3 Other Developments
12.4 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.5 Introducing RT: Real-Time Market Intelligence
12.6 Available Customizations
12.7 Related Reports
12.8 Author Details

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