Key Influencer in the Rehabilitation Equipment Market 2025: Rising Demand For Home Healthcare Services Drives Growth In The Rehabilitation Equipment Market Driver

What Is the Forecasted Market Size and Growth Rate for the Rehabilitation Equipment Market?
The rehabilitation equipment market has grown strongly in recent years. It will rise from $17.36 billion in 2024 to $18.64 billion in 2025, at a CAGR of 7.4%. This growth is attributed to the increasing aging population, the rise in disabilities, greater participation in sports, a higher incidence of chronic diseases and sports injuries, and a growing focus on preventive healthcare.

The rehabilitation equipment market is expected to see strong growth, reaching $24.48 billion by 2029 at a CAGR of 7.0%. Growth is fueled by the growing emphasis on personalized medicine, rising healthcare expenditure, the rise of telemedicine, and the increasing prevalence of degenerative diseases. Key trends include AI integration, innovations in rehabilitation equipment, smart devices, integration of VR and AR, and remote monitoring solutions.

What Factors Are Propelling the Expansion of the Rehabilitation Equipment Market?
The increasing demand for home healthcare services is projected to support the expansion of the rehabilitation equipment market. Home healthcare services encompass a range of medical and non-medical care delivered to individuals in their homes to meet their healthcare needs. The demand for these services is growing due to factors such as an aging population, advancements in medical technology, and a shift towards value-based care. Rehabilitation equipment used in home healthcare aids in recovery, enhances strength, flexibility, and balance, and promotes patient independence while ensuring safety through personalized monitoring and adjustments. For instance, in March 2024, according to the Centers for Medicare and Medicaid Services (CMS), a US-based federal agency, the number of Medicare Fee-for-Service (FFS) beneficiaries receiving home healthcare rose by 8.3% in 2021, reaching approximately 3 million users, with 11,474 Medicare-certified home healthcare organizations operating across the country. Consequently, the increasing demand for home healthcare services is fueling the growth of the rehabilitation equipment market.

Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15256&type=smp

Which Businesses Are at the Forefront of Rehabilitation Equipment Market Development?
Major companies operating in the rehabilitation equipment market report are Medtronic plc; Medline Industries Inc.; Koninklijke Philips N.V.; Stryker Corporation; Hill-Rom Holdings Inc.; Arjo; DJO Global Inc.; Sunrise Medical Limited; Invacare Corporation; Caremax Rehabilitation Equipment Co. Ltd.; Etac AB; Permobil; LINET spol. s.r.o.; Joerns Healthcare LLC; DeVilbiss Healthcare LLC; Hoveround Corporation; Winncare Group; Dynatronics Corporation; GF Health Products Inc.; Roma Medical; Paragon Medical; Merits Health Products Co. Ltd.; Ekso Bionics Holdings Inc.; TecnoBody S.p.A.; Lifeward Inc.; Antano Group; Changzhou Qianjing Rehabilitation Corp. Limited; Besco Medical Co. Ltd.; Vermeiren International; Ossenberg GmbH

What Are the Latest Innovations in the Rehabilitation Equipment Market?
Major companies in the rehabilitation equipment market are embracing VR-based rehabilitation platforms to advance therapeutic solutions. These platforms use virtual reality (VR) to assist individuals with physical and cognitive impairments. For instance, in November 2022, Penumbra Inc., a US-based healthcare company, introduced the REAL y-Series, a VR-based rehabilitation platform for upper and lower extremities. Featuring a full-body avatar, this system supports physical and occupational therapy, enhancing cognitive, mental, and physical well-being. The immersive experience boosts patient engagement and therapy outcomes, catering to diverse rehabilitation needs, including core balance training and daily living activities.

How Is the Rehabilitation Equipment Market Segmented?
The rehabilitation equipment market covered in this report is segmented -

1) By Product: Therapy Devices, Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices
2) By Application: Physiotherapy, Occupational Therapy, Other Applications
3) By End-use: Hospitals And Clinics, Rehab Centers, Home Care Settings, Physiotherapy Centers

Subsegments:
1) By Therapy Devices: Electrical Stimulation Devices, Ultrasound Therapy Devices, Heat And Cold Therapy Devices, TENS (Transcutaneous Electrical Nerve Stimulation) Devices
2) By Daily Living Aids: Walking Aids, Dressing Aids, Reaching Aids, Bathing Aids
3) By Mobility Equipment: Wheelchairs, Scooters, Walking Frames, Crutches
4) By Exercise Equipment: Resistance Bands, Exercise Balls, Pedal Exercisers, Treadmills
5) By Body Support Devices: Back And Neck Braces, Knee And Ankle Supports, Shoulder And Elbow Supports, Wrist And Hand Supports

Pre-Book Your Report Now For A Swift Delivery:
https://www.thebusinessresearchcompany.com/report/rehabilitation-equipment-global-market-report

Where Is the Rehabilitation Equipment Market Growth Most Prominent?
North America was the largest region in the rehabilitation equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rehabilitation equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Rehabilitation Equipment Global Market Report?

- Market Size Analysis: Analyze the Rehabilitation Equipment Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Rehabilitation Equipment Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Rehabilitation Equipment Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Rehabilitation Equipment Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15256

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.