Press release
Rehabilitation Equipment Market to Register a CAGR of 8.2% Revenue to Cross US$ 37.27 Billion From 2025-2034
Polaris Market Research announces the release of its latest research report titled"Rehabilitation Equipment Market Size, Share, & Industry Analysis Report: By Type, By Application (Physical Rehabilitation & Training and Occupational Rehabilitation & Training), By End Use, and By Region - Market Forecast, 2025-2034."
The report analyzes the rehabilitation equipment market to register a CAGR of 8.2% from 2025 to 2034. The market was valued at USD 16.93 billion in 2024 and is projected to grow to USD 37.27 billion by 2034.
What Is Rehabilitation Equipment?
Rehabilitation equipment refers to devices that assist individuals in regaining strength, mobility, and functionality after an injury, illness, or surgery. They encompass various tools and devices, including mobility aids, support aids, therapeutic equipment, and specialized devices, amongst others. Mobility aids help individuals with walking and moving around, while support aids offer support and stability to joints and bones. Therapeutic equipment, which includes devices like treadmills, stationary bikes, and resistance machines, is used for exercise and strengthening. Specialized devices such as balance boards, foam rollers, and resistance bands target specific muscle groups or improve balance. Rehabilitation equipment is used in various settings, including hospitals, rehabilitation centers, physical therapy clinics, and home settings.
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What's Driving Market Forward?
The market for rehabilitation equipment is driven by several factors, including:
Rising Prevalence of Chronic Diseases:
Chronic diseases such as cardiovascular disorders, stroke, diabetes, and arthritis often result in long-term physical impairments. As such, these conditions necessitate continuous rehabilitative care. Rehabilitation tools, such as exercise therapy devices, mobility aids, and assistive technologies, play a crucial role in enhancing life quality and preventing further physical decline. Thus, as the prevalence of chronic diseases grows, the demand for rehabilitation equipment continues to rise.
Rapidly Growing Geriatric Population:
As individuals age, they naturally experience a decline in musculoskeletal strength, reduced balance, and an increased risk of falls and injuries. All of these factors contribute to a higher need for rehabilitation support. In addition, older adults are more susceptible to developing chronic illnesses and undergo surgical interventions, which need post-acute rehabilitative therapy.
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Who Are Major Market Players?
The market has the presence of both established players. These players are adopting strategic developments to gain a larger share of the market.
A few of the major market participants include:
• AlterG, Inc.
• Biodex Medical Systems, Inc.
• Caremax Rehabilitation Equipment Ltd.
• DJO Global
• Drive DeVilbiss Healthcare
• Ekso Bionics
• GF Health Products, Inc.
• Hocoma AG
• Hospital Equipment Mfg. Co
• Invacare Corporation
• Maddak, Inc.
• Ottobock
• Patterson Medical (now Ability Dynamics)
• Rifton Equipment
• TheraBand (Performance Health)
Rehabilitation Equipment Market Report Highlights:
• In terms of type, the therapy equipment segment dominated the rehabilitation equipment market share in 2024, owing to its extensive use across diverse patient recovery phases and treatment of multiple medical conditions.
• Based on application, the physical rehabilitation & training segment is anticipated to experience the most rapid growth, fueled by increasing needs for post-injury, post-surgical, and chronic condition recovery solutions.
• In 2024, North America led in the global market revenue share, attributed to its sophisticated healthcare infrastructure, substantial healthcare expenditure, and early adoption of advanced medical technologies.
• The Europe market is set to witness the highest market growth during the forecast period, driven by growing healthcare funding, an aging population, and heightened public awareness about rehabilitation benefits.
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How Is the Market Segmented?
The rehabilitation equipment market is primarily segmented on the basis of type, application, end use, and region.
Based on type, the therapy equipment segment accounted for the largest revenue share in 2024. This is primarily due to its broad application across various patient recovery stages and a wide range of conditions. The clinical effectiveness and versatility of therapy equipment make it a core component of modern rehabilitation practices, further contributing to its dominant market position.
By application, the physical rehabilitation & training segment is projected to register the fastest growth from 2025 to 2034 due to the growing demand for recovery solutions following surgeries, injuries, and chronic physical conditions.
Rehabilitation Equipment Market, Type Outlook (Revenue - USD Billion, 2020-2034)
• Therapy Equipment
• Daily Living Aids
o Medical Beds & Related Products
o Reading, Writing, and Computing Aids
o Bathroom and Toilet Assist Devices
o Other Daily Living Aids
• Mobility Equipment
o Wheelchairs & Scooters
o Walking Assist Devices
• Body Support Devices
o Patient Lifts
o Slings
o Other Body Support Devices
• Exercise Equipment
o Lower-Body Exercise Equipment
o Upper-Body Exercise Equipment
o Full-Body Exercise Equipment
Rehabilitation Equipment Market, Applications Outlook (Revenue - USD Billion, 2020-2034)
• Physical Rehabilitation & Training
• Occupational Rehabilitation & Training
Rehabilitation Equipment Market, End-use Outlook (Revenue - USD Billion, 2020-2034)
• Hospitals & Clinics
• Rehabilitation Centers
• Home-Care Settings
• Physiotherapy Centers
• Others
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