Press release
Home Rehabilitation Products and Services Market is Expected to Reach at US$ 125 billion by 2026
The global home rehabilitation products and services market stands at US$ 97 billion at present and is projected to reach a market valuation of US$ 125 billion by the end of 2026. Between 2022 and 2026, worldwide revenue from home rehabilitation products and services is predicted to increase rapidly at a CAGR of 6.5%.Growing number of patients opting for home care and undergoing therapy procedures at home is expected to propel the demand for home rehabilitation products and services across the world over the coming years.
Read Report Overview: https://www.factmr.com/report/home-rehabilitation-products-and-services-market
Some of the leading producers of Home Rehabilitation Products and Services include:
• Stryker Corporation
• Performance Health
• Hocoma AG
• Ekso Bionics Holdings Inc.
• ergoline GmbH
• RehabCare
• AliMed Inc.
• Norco Inc.
• Invacare Corporation
• Prism Medical (subsidiary of Handicare Group AB)
Home Rehabilitation Products and Services Industry Research Segmentation
• By Product Type :
o Positioning Devices
o Body Support Devices
o General Aids
o Wheelchairs
o Other Product Types
• By Therapy :
o Physical Therapies
o Occupational Therapies
o Speech Therapies
o Respiratory Therapies
o Other Therapies
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The home care trend is picking up pace across the world and this trend is projected to be rife over the coming years as well. The increasing geriatric population and rising preference of patients to opt for home care are prime factors that are expected to drive the home rehabilitation products and services market potential across the forecast period.
Sales of home rehabilitation products and home therapy products are anticipated to witness a rise over the next four years as the popularity of the home care trend bolsters.
In a recent study on the Home Rehabilitation Products and Services market, the economic impact of COVID-19 is assessed along with current opportunities, potential future revenue streams, and current and anticipated valuations of key market sectors. The assessments, which take up many pages, include a list of the important trends that are raising revenues, key growth drivers, and prospective opportunities.
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The prevalence and complexity of wounds caused by infections, ulcerations (leg and foot ulcers), and surgical wounds can grow as a result of diabetes and obesity. Because these wounds require care and come with astronomical medical costs, there may be a greater demand for wound healing.
Regions covered in report:
• North America (U.S. and Canada)
• Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe)
• Asia Pacific (China, Japan, India, Indonesia, and Rest of Asia Pacific)
• Latin America (Brazil, Mexico, and Rest of Latin America)
• Middle East & Africa (GCC, South Africa and Rest of Middle East & Africa)
Drivers and Risks Analysis:
The global Home Rehabilitation Products and Services market is characterized by several leading factors, with each factor playing a crucial role in the growth of the industry. The growing demand for products coupled with easy availability of the same has helped the industry flourish across the globe.
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