openPR Logo
Press release

Home Rehabilitation Products and Services Market to Exhibit 8.50% CAGR through 2023

03-14-2018 10:24 AM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Home Rehabilitation Products and Services Market to Exhibit

According to a research report recently published by Transparency Market Research, mergers and acquisitions are likely to be a core aspect of the expansion plans carried out by the leading players in the global home rehabilitation products and services market. Some of the leading players in the market for 2014 included RehabCare, Stryker Corporation, Medline Industries, Prism Medical, DJO Global, and AliMed, all who shared the commonly popular tendency of going through mergers and acquisitions. The report also states that a large number of key strategies employed by newer entrants to the market are focused on renting rehabilitation products rather than purchasing them, while players are also forming collaborative agreements with healthcare providers.

According to the TMR report, the global home rehabilitation products and services market is slated to expand at a CAGR of 8.50% from 2015 to 2023. The market was calculated at US$84.2 bn in 2014 and is expected to reach US$176.1 bn by the end of 2023.

Request for Sample Copy of Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=6053

APAC Demand for Home Rehabilitation Products and Services to Surge

North America took up the leading share in the held the largest share in the global home rehabilitation products and services market for 2014, driven by a large elderly population percentage suffering from chronic diseases and a growing number of available surgical procedures in a highly advanced healthcare industry. Over time, Asia Pacific will be showing a much higher growth rate in its demand for home rehabilitation products and services, owing to an increasing count of patients suffering from strokes, mobility-related conditions, neck and back pain-related conditions, and burn injuries.

Wheelchairs led the global home rehabilitation products and services market in 2014 based on products, owing to the rising incidence of disabilities and rising global aging population. Based on services, the market was dominated by the demand for physical therapy due to factors such as the increasing financial ability of the elderly to treat conditions such as osteoporosis, arthritis, and hip and joint surgeries and replacements.

Increasing Geriatric Patient Count Propels Market Demand

“The global home rehabilitation products and services market is currently being driven by the growing prevalence of chronic diseases. The spike in chronic illness cases is directly proportional to the staggering rise in the geriatric population, as the baby boomer era comes to a close. This is creating a shift in core demographics for the healthcare industry and is expected to further fuel the need for home rehabilitation products and services over the coming years,” states a TMR analyst. As stated before by the U.S. Census Bureau, 76.4 mn baby boomers were present in the U.S. in 2014. This is a massive consumer base for the healthcare industry and is creating the need for several specializations in healthcare, especially in home healthcare areas.

Request for TOC @ https://www.transparencymarketresearch.com/report-toc/6053

The future of the global home rehabilitation products and services market is also likely to show a positive growth rate, owing to the advancements in the healthcare industry that are leading to a lower mortality rate among the elderly. Emerging economies are also expected to increase their demand for home rehabilitation products and services due to the swiftly expanding healthcare infrastructure in these regions and growing medical outreach towards remote areas.

The global home rehabilitation products and services market is highly unorganized, fragmented, and competitive, creating current market stagnation and paving way for future growth opportunities for existing players as well as new entrants. However high cost of the rehabilitation services, and lack of appropriate health insurance schemes in developing nations is anticipated to pull back the growth of home rehabilitation products and services market.

Obtain Report Details @ https://www.transparencymarketresearch.com/home-rehabilitation-products-services-market.html

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact Us

Transparency Market Research
State Tower,
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Home Rehabilitation Products and Services Market to Exhibit 8.50% CAGR through 2023 here

News-ID: 977912 • Views: 112

More Releases from Transparency Market Research

Market Intelligence Report on Calcite Market, 2018-2028
Sales of calcite have witnessed utter proliferation in recent time, in line with the growing demand from paper and pulp sector wherein calcite is highly adopted as a coating and filler material. According to Transparency Market Research analysis, global calcite market is anticipated to register 4.7% CAGR during the study period 2018–2028. The TMR report opines that demand for calcite is highly driven by its significant properties that are paving way
Pearlescent Pigments Market Intelligence Report Offers Growth Prospects
The demand within the global pearlescent pigment market is slated to rise as new creative avenues emerge in the art and craft industry. Several artists have increased the consumption of pearlescent pigments, mainly due to the aesthetic value of these pigments in art forms. The use of these pigments can majorly be attributed to the gloss and shine imparted by these pigments to the design or craft. These pigments exhibit
Aragonite Market to Witness Steady Growth During the Forecast Period 2018-2026
Global Aragonite Market: Overview Aragonite is a carbonate mineral having an orthorhombic crystal system, and very closely resembles calcite. It is considered as the purest form of calcium carbonate. The mineral has garnered wide popularity as gemstone in various parts of the world and has promising healing properties with energy enhancing powers. Aragonite contains traces of magnesium and sand inclusion but rich in calcium carbonate, and is alkaline in nature. It
OEM Insulation Market Growth, Trends and Value Chain 2019-2027 by TMR
OEM Insulation Market – Overview OEM means Original Equipment Manufacturer that indicates to a company that produces a part or a subsystem of a product that is being used by another organization. Thermal insulation or simply insulation allows the product to cut down the heat gain or loss at the minimum by creating a barrier between the surfaces at the varying temperatures. There are wide range of applications and end-use verticals

All 5 Releases


More Releases for TMR

TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Subsea Boosting Systems Market Analysis : TMR
Due to a limited number of manufacturers of subsea boosting systems, the degree of competition in the global subsea boosting systems market is expected to substantially increase, reports Transparency Market Research (TMR) in a new study. The leading manufacturers of subsea boosting systems are focusing on pricing strategies to attract consumers and maintain their leading position in the industry. The top three companies, FMC Technologies, OneSubsea, and GE Oil &
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the