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Home Rehabilitation Products Market Size, Outlook, Share, Segmentation Analysis, and Forecast 2031

11-20-2023 10:31 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Home Rehabilitation Products Market Size, Outlook, Share,

The global home rehabilitation products market revenue was around US$ 22.9 billion in 2021 and is estimated to reach US$ 43.8 billion by 2031, growing at a compound annual growth rate (CAGR) of 7.1% during the forecast period from 2022 to 2031.

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Home rehabilitation products are utilized by patients to improve or restore lost or deficient neurocognitive function. Rehabilitation programs help patients maintain, regain, and improve their mobility and physical strength in home care settings. Rehabilitation programs help people with disabilities by improving, maintaining, and regaining their mobility and physical strength.

Factors Influencing Market Growth

-A rise in the aging population and an increase in chronic illnesses may drive the market growth.

-The rise in chronic illnesses, such as high blood pressure, diabetes, and respiratory and cardiovascular diseases that require ongoing and routine monitoring, will accelerate market expansion.

-Engineering and material improvements for manual wheelchairs are anticipated to drive the market for home rehabilitation products.

-Lack of government measures to offer subsidies and raise awareness of home therapy for long-term patients. Thus, this factor limits the market growth.

Study of the COVID-19 Pandemic

The COVID-19 pandemic had a significant negative impact on the market. However, during the first several months of the pandemic, the market suffered from the disruption of the supply chain caused by trade and shutdown restrictions. However, limits on vital medical supplies like wheelchairs and medical equipment were eventually implemented, which led to a rise in demand and a decrease in supply.

Regional Insights

North America dominated the market in terms of the highest revenue. This is attributed due to the high rate of population growth among those 65 and older, who need more care and treatment under supervision, Additionally, the rise in chronic non-communicable disorders and Mexico's healthcare infrastructure develops. Such factors boost the market growth.

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Leading Competitors
The leading competitors in the global home rehabilitation products market are:
-RehabCare
-Active Medical and Rehabilitation Services Pvt Ltd
-Handicare Group AB
-Colfax Corp
-Ekso Bionics Holdings
-Medline Industries
-Drive DeVilbiss International
-DJO Global
-Stryker Corporation
-Performance Health
-Dynatronics Corp
-Arjo
-Baxter International
-ergoline GmbH
-Invacare Corporation
-Others
Segmentation Analysis
The global home rehabilitation products market segmentation focuses on Product Type, Patient Type, End User and Region.
Segmentation based on Product Type
-Wheelchairs
-General aids
-Body support device
-Positioning device
-Others
Segmentation based on Patient Type
-Adult
-Pediatric

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Segmentation based on End User
-Hospitals
-Long term care centers
-Outpatient centers
-Medical research institutes
-Others
Segmentation based on Region
-North America
-The U.S.
-Canada
-Mexico
-Europe
-Western Europe
-The UK
-Germany
-France
-Italy
-Spain
-Rest of Western Europe
-Eastern Europe
-Poland
-Russia
-Rest of Europe
-Asia Pacific
-China
-India
-Japan
-Australia & New Zealand
-ASEAN
-Rest of Asia Pacific

-Middle East & Africa (MEA)
-UAE
-Saudi Arabia
-South Africa
-Rest of MEA

-South America
-Brazil
-Argentina
-Rest of South America

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Table of Content

Chapter 1: Global Home Rehabilitation Products Industry Overview

Chapter 3: Market Dynamics

Chapter 4: Top Company Profiles

Chapter 5: Global Home Rehabilitation Products market Competition, by Players

Chapter 6: Global Market Size by Regions

Chapter 7: Global Market Segment by Application

Chapter 8: Global Home Rehabilitation Products Industry Segment by Type

Chapter 9: Market Chain, Sourcing Strategy, and Downstream Buyers

Chapter 10: Strategies and key policies by Distributors/Suppliers/Traders

Chapter 11: Key Marketing Strategy Analysis, by Market Vendors

Chapter 12: Market Effect Factors Analysis

Chapter 13: Global Home Rehabilitation Products market Size Forecast (2023-2031).

Continue….

Reasons to Buy This Report

(A) The research provides valuable insights for top administration, policymakers, professionals, product advancements, sales managers, and stakeholders in the market. It helps them make informed decisions and strategize effectively.

(B) The report offers comprehensive analysis of Home Rehabilitation Products market revenues on a global, regional, and country level, projecting trends until 2030. This data allows companies to assess their market share, identify growth opportunities, and explore new markets.

(C) The research includes segmentation of the Home Rehabilitation Products market based on types, applications, technologies, and end-uses. This segmentation enables leaders to plan their products and allocate resources based on the expected growth rates of each segment.

(D) Analysis of the Home Rehabilitation Products market benefits investors by providing insights into market scope, position, key drivers, challenges, restraints, expansion opportunities, and potential threats. This information helps them make informed investment decisions.

(E) The report offers a detailed analysis of competitors, their key strategies, and market positioning. This knowledge allows businesses to better understand the competition and plan their own strategies accordingly.

(F) The study helps evaluate Home Rehabilitation Products business predictions by region, key countries, and top companies, providing valuable information for investment planning and decision-making.

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About Report Ocean:

Report Ocean is a renowned provider of market research reports, offering high-quality insights to clients in various industries. Their goal is to assist clients in achieving their top line and bottom line objectives, thereby enhancing their market share in today's competitive environment. As a trusted source for innovative market research reports, Report Ocean serves as a comprehensive solution for individuals, organizations, and industries seeking valuable market intelligence.

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Address: 500 N Michigan Ave, Suite 600, Chicago, Illinois 60611, United States

Telephone: +1 888 212 3539 (US - Toll-Free)

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