Asia Pacific Rehabilitation Equipment Market Size, By Product Application End User Region- Market Analysis And Forecast 2022-2028

Market Overview:

The Asia Pacific Rehabilitation Equipment Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.

Disability is a major public health issue, particularly in developing countries such as India, Pakistan, Indonesia, Malaysia, and Australia. The problem will worsen in the future as the prevalence of noncommunicable diseases rises and the age structure changes as life expectancy rise, increasing the demand for rehabilitation services. According to UNFPA, by 2050, one out of every four people in Asia and the Pacific will be over 60. Between 2010 and 2050, the region's older (over 60) population will triple, reaching nearly 1.3 billion people. This age group is the most vulnerable to noncommunicable disorders which are anticipated to increase the demand for rehabilitation, thus supporting the growth of the rehabilitation equipment market over the forecasted period.

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Market Dynamics:

Driver:
Diabetic foot wounds (DFWs) are a leading cause of diabetic complications. Patients are frequently referred to rehabilitation facilities in the later stages of diabetic complications, particularly after amputation surgery. Rehabilitation practices have the potential to aid in the prevention and management of DFW's. As a result, at all stages of diabetic care, rehabilitation should be involved in the management of DFW's. For instance, it is expected that 25% of India's estimated 77 million diabetics will develop diabetic foot ulcers during their lifetime. Almost half of them would have an infected diabetic foot ulcer requiring hospitalization, and a staggering 20% would require amputation.

Opportunities:
The government and other NGOs are taking steps to raise awareness about the importance of rehabilitation services among individuals to increase their chances of reaching out to a rehab center. In India, for example, the National Programme for the Prevention and Control of Cancer, Diabetes, Cardiovascular Diseases, and Stroke (NPCDCS) was launched in 2010 to strengthen infrastructure, develop human resources, and promote good health hygiene. Similar initiatives by other economies in this region are expected to create profitable opportunities for market participants over the forecasted timeframe.

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Segmentation Analysis of Asia Pacific Rehabilitation Equipment Market

By Product:
The exercise equipment segment is anticipated to lead the development of the market in the forecasted period. Physical rehabilitation equipment can range from simple and low-tech, such as an exercise ball, to heavy-duty and motorized, such as steppers.

By Application:
The physiotherapy segment is projected to have the highest share of the market. With the large population, the number of individuals opting for a career in sports is also increasing.

By End User:
The hospitals & clinics segment is forecasted to have a lion's share of the market across the projected period. Hospitals & clinics are the primary healthcare settings in low-middle-income countries.

By Product:
• Daily Living Aids
• Exercise Equipment
• Body Support Devices
• Mobility Equipment

By Application:
• Daily Living Aids
• Exercise Equipment
• Body Support Devices
• Mobility Equipment

By End User:
• Hospitals & Clinics
• Rehab Centers
• Homecare Settings
• Physiotherapy Centers
• Others

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Regional Analysis of Asia Pacific Rehabilitation Equipment Market:
Japan is anticipated to lead the development of the rehabilitation equipment market over the analysis period. In 2021, Japan had 192,327 physical therapists, 94,255 occupational therapists, and 36,255 speech-language-hearing therapists.

By Region:
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)

Top Key Players Covered In Asia Pacific Rehabilitation Equipment Market:
• NIHON MEDIX
• Ito Co., Ltd
• NABELL Corporation
• Easy Wheels Pte Ltd
• V2U Healthcare Pte Ltd
• Lifeline Corporation Pte Ltd
• HMS Medical Systems
• Vissco Next
• Johari Digital
• HEMC
• GPC Medical Ltd.
• Siyi Intelligent Technology Co. Ltd.
• Ningbo Greetmed Medical Instruments Co. Ltd.
• Jiangsu Rixin Medical Equipment Co. Ltd.
• TecnoBody S.r.l. and Other Major Players.

Key Industry Developments In Asia Pacific Rehabilitation Equipment Market:
• In April 2022, Ito Co., Ltd signed an official supplier agreement with The Japan Lacrosse Association. Since 2018, the company has been providing combination therapy devices for conditioning support to both the men's and women's national teams.
• In February 2022, Ito Co., Ltd. formed a partnership with Rihasaku Co., Ltd., a provider of exercise therapy cloud systems. The company has begun the menu for linking "ITO-InBody" and the exercise therapy cloud system "Rehasaku" with this collaboration.

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Table Of Content:
Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation
Chapter 2: Executive Summary
Chapter 3:Growth Opportunities By Segment
 3.1 By Product
 3.2 By Application
 3.3 By End User
Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing
Chapter 5: Asia Pacific Rehabilitation Equipment Market by Product
To Be Continue….

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