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Global Rehab Equipment Market Size, Supply, Demand, Business Opportunities, Industry Analysis, and Forecast 2029

03-08-2023 08:00 PM CET | Health & Medicine

Press release from: Analytics Market Research

Rehab Equipment Market Research Report

Rehab Equipment Market Research Report

The Global Rehab Equipment Market t size is expected to hit around USD 34.5 billion by 2030 from USD 21.7 billion in 2021, growing at a registered CAGR of 5.29% during the forecast period from 2022 to 2030.
The rehabilitation equipment functions as a reusable guide that enables the patient to work normally in their daily activities. It plays a crucial role in improving the quality of life for the majority of the people, including the sick, elderly, disabled, and underprivileged, resulting in greater independence and an area of the society.

The rising prevalence of many chronic and no communicable diseases, such as cancer, arthritis, and Parkinson's, especially among the growing geriatric population, has enabled the widespread use of rehabilitation equipment in clinics, hospitals, home care settings, and rehabilitation and physiotherapy centres. As a result, the rapid spread of the coronavirus infection (COVID-19) pandemic and the subsequent implementation of lockdowns has motivated the establishment of virtual or remote healthcare programmes on various internet platforms.

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The growing incidence of disabilities caused by no communicable illnesses, favourable healthcare reforms, and rapid growth in the senior population, together with the rising prevalence of chronic diseases, are the primary drivers driving the growth of this market. However, the high pricing and maintenance expenses of rehabilitation equipment are projected to limit the market's expansion to some extent. Technological advancements, such as the creation of smart, easily available gadgets, improve the market's potential for continued expansion.

Top Key Vendors of Rehab Equipment Market:
• Invacare Corporation
• Dynatronics Corporation
• Drive DeVilbiss Healthcare
• Changzhou Qian Jing Rehabilitation
• Carex Health Brands
• Roma Medical
• Caremax Rehabilitation Equipment
• GF Health Products

Global Rehab Equipment Market Segmented by Types
• Upper Body Rehabilitation Equipment
• Lower Body Rehabilitation Equipment

Global Rehab Equipment Market Segmented by Applications
• Hospital
• Family
• Nursing Home
• Other

Global Rehab Equipment Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Rehab Equipment market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Global Rehab Equipment Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter's five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support

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Analytics Market Research
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About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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