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Prominent Smart Portable Rehabilitation Devices Market Trend for 2025: Strategic Partnership For Enhanced Post-Surgery Rehabilitation Using Fitbit Wearable Technology
Smart Portable Rehabilitation Devices Market Size
The smart portable rehabilitation devices market has grown quickly in recent years. It will rise from $2.88 billion in 2024 to $3.33 billion in 2025, at a CAGR of 15.6%. This growth is attributed to an increasing number of disabilities in the population, the growing use of virtual reality in patient treatment, and the increasing adoption of VR technology in healthcare.
The smart portable rehabilitation devices market is expected to grow rapidly, reaching $5.85 billion by 2029 at a CAGR of 15.2%. The growth is driven by aging populations, rising non-communicable diseases, policies supporting virtual rehabilitation, and patient-centric healthcare. Trends include product innovations, partnerships, advancements in virtual rehabilitation, and smoother internet connectivity.
What Is Driving the Growth Trajectory of the Smart Portable Rehabilitation Devices Market?
The growing elderly population is anticipated to drive the growth of the smart portable rehabilitation devices market. The geriatric population comprises individuals aged 60 years and above. Smart portable rehabilitation devices assist elderly individuals in maintaining their independence by enabling them to monitor their health and engage in rehabilitation activities at their convenience. For instance, in October 2022, the World Health Organization, a Switzerland-based intergovernmental organization, reported that the global population aged 60 years and older increased to 1.4 billion in 2022. Additionally, the number of people in this age group is projected to reach 2.1 billion by 2050. Consequently, the increasing elderly population is fueling the growth of the smart portable rehabilitation devices market.
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Which Leading Companies Are Shaping the Growth of the Smart Portable Rehabilitation Devices Market?
Major companies operating in the smart portable rehabilitation devices market report are Medline Industries Inc., Invacare Corporation, Caremax Rehabilitation Equipment Ltd, Hinge Health, Drive Devilbiss Healthcare, Kinova Robotics, GF Health Products Inc., Dynatronics Corporation, Bioness Inc., Motion Composites, MindMaze, Neofect, Hocoma, Tyromotion, Myomo Inc., Esko Bionics, AlterG, ReWalk Robotics, LiteGait, suitX, Rifton Equipment, InnoMotion, Reha Technology AG, Rex Bionics, Kinestica, Ankon Medical Technologies, DyCare, Bionik Laboratories
What Are the Major Trends Shaping the Smart Portable Rehabilitation Devices Market?
Leading companies in the smart portable rehabilitation devices market are engaging in strategic collaborations to gain a competitive advantage. Strategic partnerships involve agreements between organizations to achieve mutually beneficial goals. For example, in March 2022, Manipal Hospitals, an India-based healthcare provider, formed a partnership with ConnectedLife, a Singapore-based digital solutions provider, to leverage Fitbit wearable technology for post-surgery patient care. This partnership facilitates remote monitoring and guidance for patients recovering from high-risk surgeries such as knee replacements, angioplasty, and cardiac bypass procedures. Fitbit devices, integrated with a patient monitoring platform, track key health metrics such as heart rate, oxygen saturation levels, sleep quality, steps, and pain scores before and after surgery. The recorded data is transmitted to the ConnectedLife platform for physicians to assess and provide tailored medical guidance.
What Are the Key Segments of the Smart Portable Rehabilitation Devices Market?
The smart portable rehabilitation devices market covered in this report is segmented -
1) By Type: Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices
2) By Rehabilitation Type: Passive Rehabilitation, Active-Assistive Rehabilitation
3) By End-User: Hospitals And Clinics, Rehabilitation Centers, Physiotherapy Centers, Other End-Users
Subsegments:
1) By Daily Living Aids: Smart Pill Dispensers, Smart Meal Preparation Devices, Smart Home Automation Devices, Assistive Communication Devices
2) By Mobility Equipment: Smart Wheelchairs, Smart Walkers, Smart Scooters, Smart Canes
3) By Exercise Equipment: Smart Resistance Bands, Smart Exercise Bikes, Smart Treadmills, Wearable Fitness Trackers
4) By Body Support Devices: Smart Back Supports, Smart Knee Braces, Smart Ankle Supports, Smart Posture Correctors
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Which Region Dominates the Smart Portable Rehabilitation Devices Market?
North America was the largest region in the smart portable rehabilitation devices market in 2024. The regions covered in the smart portable rehabilitation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Is Covered In The Smart Portable Rehabilitation Devices Global Market Report?
- Market Size Analysis: Analyze the Smart Portable Rehabilitation Devices Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smart Portable Rehabilitation Devices 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 Smart Portable Rehabilitation Devices Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smart Portable Rehabilitation Devices Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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