Press release
Rehabilitation Equipment Market to Reach USD 22.31 Bn by 2029, emerging at a CAGR of 6 percent and forecast 2023-2029
Rehabilitation Equipment Market Report Scope:The report delves into the multifaceted landscape of rehabilitation equipment, encompassing a variety of products such as mobility aids, walking assist devices, body support solutions, therapy equipment, and continuous passive motion (CPM) devices. These instruments play a crucial role in preventing secondary disabilities, enhancing range of motion, muscle strength, coordination, and endurance. They are integral to physiotherapy and occupational therapy, reducing the risk of both physical and mental complications. Favorable insurance and reimbursement policies in developed healthcare sectors further drive the rehabilitation equipment market.
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Rehabilitation Equipment Market Research Methodology:
The report adopts a robust research methodology, beginning with a bottom-up approach to estimate market size. Key players in the rehabilitation equipment market are identified through secondary research, with their market revenues determined through a blend of primary and secondary research. Primary research involves interviews with influential opinion leaders and industry experts, including frontline personnel, entrepreneurs, and marketing professionals. Secondary research entails an examination of the annual and financial reports of leading manufacturers. Key market players include Baxter International, Invacare Corporation, Amigo Mobility International, and Argo Medical.
What are Rehabilitation Equipment Market Dynamics:
The rising prevalence of musculoskeletal illnesses propels the rehabilitation equipment industry forward. Musculoskeletal problems are frequent and have a wide-ranging impact. They are the major cause of serious long-term physical disability and agony in millions of people around the world. The World Health Organization (WHO) estimates that 25% to 30% of the world's population is currently suffering from a painful musculoskeletal ailment. As a result, a high number of people are being hospitalized in musculoskeletal rehabilitation centers around the world, raising demand for rehabilitation equipment, which is predicted to.
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Rehabilitation Equipment Market Regional Insights:
North America: The region is poised to retain a significant market share throughout the forecast period. Factors contributing to this dominance include the escalating prevalence of chronic diseases, a surge in the incidence of ailments like Parkinson's, Alzheimer's, and arthritis, growing demand for rehabilitation therapies, and the presence of numerous major industry players. Notably, rehabilitation programs have played a vital role in improving health outcomes for severe COVID-19 patients. In response to the pressing need for rehabilitation programs, Mayo Clinic introduced the COVID-19 rehab program in the United States in September 2020. Furthermore, SWORD Health, a digital therapy provider, launched a remote pulmonary rehabilitation program in May 2020 to address the dearth of rehabilitation programs for COVID-19 patients.
What is Rehabilitation Equipment Market Segmentation:
by Product
1. Daily Living Aids
1.1. Medical Beds
1.2. Bathroom & Toilet Assist Devices
1.3. Reading Writing & Computer Aids
2. Mobility Equipment
2.1. Wheelchairs & Scooters
2.2. Walking Assist Devices
3. Exercise Equipment
3.1. Lower Body Exercise Equipment
3.2. Upper Body Exercise Equipment
4. Body Support Devices
4.1 Patient Lifts
4.2 Medical Lifting Slings
by Application
1. Physiotherapy
2. Occupational Therapy
by End-use
1. Hospitals & Clinics
2. Rehab Centers
3. Home Care Settings
4. Physiotherapy Centers
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Who are Rehabilitation Equipment Market Key Players:
1. Baxter International (US)
2. Invacare Corporation (US)
3. Amigo Mobility International (US)
4. Argo Medical (US)
5. Medline Industries (US)
6. Coalfax (US)
7. Dynatro nics Corporation (US)
8. Access Rehabilitation Group (US)
9. Drive DeVilbiss Healthcare (US)
10. GF HEALTH PRODUCTS (US)
11. Stryker (US)
12. Carex Health Brands (US)
13. Esko Bionics (US)
14. Maddak, Inc (US)
15. Roma Medical (UK)
16. Drive DeVilbiss Healthcare (UK)
17. Handicare Group AB (Sweden)
18. Hospital Equipment Mfg. Co. (India)
19. India Medico Instruments (India)
20. Changzhou Qian Jing Rehabilitation equipment (China)
Table of content for the Rehabilitation Equipment Market includes:
Rehabilitation Equipment Market : Research Methodology
Rehabilitation Equipment Market : Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Rehabilitation Equipment Market : Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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