Outpatient Rehabilitation Centers Market Was Valued at USD 64,376.3 Million in 2021, An Increase in Unhealthy Lifestyles

According to Precision Business Insights (PBI), the latest report the global outpatient rehabilitation centers market is expected to be worth USD 64,376.3 million in 2022 and projected to grow at a 7.5% CAGR over 2022 to 2028. Expanding government efforts for outpatient rehabilitation clinics during the projected period are anticipated to support market growth. The National Health Service (NHS) provides free outpatient rehabilitation services in the UK through community-based organizations and regional health authorities. Most of these are completed in drop-in day facilities. The market is anticipated to expand due to an increase in neurological illnesses, including Alzheimer's and dementia, and incidences of alcohol and drug addiction worldwide. To provide patients with cutting-edge services, competitors are implementing various technology. For instance, in April 2020, Kolmac Outpatient Recovery Centers introduced new virtual services for its Intensive Outpatient Program that were outfitted with HIPPA-secure technology (IOP).

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The Geriatric Segment is Dominating the Outpatient Rehabilitation Centers Market:
Based on the End-user, the market is segmented into Paediatric Population, Adult Population, and Geriatric Population. The geriatric segment is anticipated to grow at a significant CAGR over the forecast years. The high share can be attributed to the greater chances of developing acute back pain and other orthopedic disorders and a rising number of accidental injuries among them. As per the World Health Organization statistics, more than 38 million Disability-Adjusted Life Years (DALY) suffered from falls, resulting in a more significant number of years lived with disability. The geriatric segment is expected to witness substantial growth during the forecast period.

North America Leads Outpatient Rehabilitation Centers Market:
North America is anticipated to hold a significant market share in the global Outpatient Rehabilitation Centers market and is expected to grow at a prominent growth rate over the forecast years. This can be attributed to the rising number of outpatient rehabilitation centers and favorable reimbursement policies. Outpatient therapies, including occupational treatment, speech-language pathology, and physical treatment, are covered under Medicare Part B. Around 80% of the Medicare-approved price of outpatient treatment is covered under original Medicare. The Asia Pacific region is expected to witness the fastest growth rate during the predicted period. This can be attributed to the rising prevalence of neurological disorders associated with disability and the need for outpatient rehabilitation care for their treatment.

Strategic New Product Launches, Mergers, Acquisitions and Agreements are the key strategies adopted by market players:
Global Outpatient Rehabilitation Centers market further reveals that the key players increasingly adopting strategies such as launch of newer products, product launches, and long-term alliance to improve market revenue share and gaining significant geographic presence across the region. For instance, In March 2018, Stepping Stone of San Diego launched the beginning of the Stepping Out alcohol and drug therapy program serving the LGBTQ and HIV/AIDS-affected citizens. This outpatient program started on April 2018 and will be housed in a new outpatient therapy center in the heart of North Park.

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By Program
• Standard Outpatient Programs
• Intensive Outpatient Programs
• Partial Hospitilization Programs

By Therapy
• Cognitive Behavioral Therapy (CBT)
• Contingency Management (CM)
• Motivational Interviewing (MI) Treatment
• Others

By End User
• Pediatric Population
• Adult Population
• Geriatric Population

By Geography
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa (MEA)

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Key player's profiles in the outpatient rehabilitation centers market report are AIM Health Group Inc., Craig Hospital, Kessler Institute for Rehabilitation, LHC Group, Inc., Mayo Clinic, Moss Rehabilitation, Rusk Rehabilitation, Select Medical Holdings, Senior Care Centers of America, Inc., Shepard Center, The Dunes East Hampton Rehab Center, Trilogy Health Services, LLC.

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