With a projected value of $20,538.3 million by 2031 and a stunning compound yearly growth rate (CAGR) of 6.9% over the forecast period of 2021–2031, the global Rehabilitation Equipment Market is anticipated to expand significantly. This increase can be attributed to a number of factors, including the rising prevalence of chronic diseases brought on by an ageing population and sedentary lifestyle, the rising demand from people with disabilities for movement assistance equipment, and significant investments in research and development (R&D) along with strong government support.
The persistent growth in chronic diseases brought on by an ageing population and the negative consequences of a sedentary, high-stress lifestyle have increased demand for rehabilitation equipment globally. Additionally, the development and accessibility of cutting-edge mobility assistive equipment has been made necessary by the rise in the number of people with disabilities, further fueling market expansion. The market for rehabilitation equipment has expanded further as a result of large R&D expenditures and unwavering government support, which have also sparked innovation and improved patient results.
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Global rehabilitation equipment market will reach $ 20,538.3 million by 2031, growing by 6.9% annually over 2021-2031, driven by the increasing prevalence of chronic diseases due to aging population and high stress/sedentary lifestyle, rising demand for movement assistive equipment from handicapped people, and the high R&D investment and government support.
Highlighted with 83 tables and 82 figures, this 160-page report “Global Rehabilitation Equipment Market 2021-2031 by Product (Daily Living Aids, Exercise Equipment, Body Support Devices, Mobility Equipment), Application (Physiotherapy, Occupational Therapy, Others), End User (Hospitals & Clinics, Rehab Centers, Homecare Settings, Physiotherapy Centers, Others), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global rehabilitation equipment market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2019-2021 and provides forecast from 2022 till 2031 with 2021 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global rehabilitation equipment market in every aspect of the classification from perspectives of Product, Application, End User, and Region.
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Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Daily Living Aids
o Medical Beds
o Bathroom and Toilet Assist Devices
o Reading Writing and Computer Aids
o Other Daily Living Aids
- Exercise Equipment
o Upper Body Exercise Equipment
o Lower Body Exercise Equipment
o Full Body Exercise Equipment
- Body Support Devices
o Patient Lifts
o Medical Lifting Slings
- Mobility Equipment
o Walking Assist Devices
o Wheelchairs and Scooters
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Physiotherapy
- Occupational Therapy
- Other Applications
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2021-2031 included in each section.
- Hospitals & Clinics
- Rehab Centers
- Homecare Settings
- Physiotherapy Centers
- Other End Users
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE，Saudi Arabia， South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2021-2031. The breakdown of all regional markets by country and split of each national market by of Product, Application, and End User over the forecast years are also included.
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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Caremax Rehabilitation Equipment Co., Ltd.
Carex Health Brands, Inc.
DJO Global Inc. (Colfax Corporation)
Drive DeVilbiss Healthcare LLC
Dynatronics Corporation
Ekso Bionics Holdings Inc.
GF Health Products Inc.
Hill-Rom Services Inc.
Hospital Equipment Mfg. Co. (Baxter International)
Invacare Corporation
Joerns Healthcare LLC
Medline Industries, Inc.
Roma Medical Aids Ltd.
Sunrise Medical, Inc.
TecnoBody S.r.l.
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