Rehabilitation Equipment Market to reach USD 22.3 Bn. by 2029 Top Players, Growth, Size, Revenue Analysis, Top Leaders

December 09 16:52 2022
Rehabilitation Equipment Market to reach USD 22.3 Bn. by 2029 Top Players, Growth, Size, Revenue Analysis, Top Leaders
Rehabilitation Equipment Market
Rehabilitation Equipment Market size was valued at USD 14 Bn. in 2021 and the total Rehabilitation Equipment revenue is expected to grow by 6 % from 2022 to 2029, reaching nearly USD 22.3 Bn.

Pune, Dec 09, 2022: Maximize Market research, a global healthcare industry research firm, based out of India, has published a competitive intelligence and market research report on Rehabilitation Equipment Market

Rehabilitation Equipment Market Report Scope & Research Methodology:

The Rehabilitation Equipment Market report covers product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national and international policies, planning analysis of the industry, the latest dynamic analysis, etc. Secondary research is used to identify key companies in the Rehabilitation Equipment market, while primary and secondary research is used to determine their market revenues. Interviews with key opinion leaders and industry specialists such as competent front-line staff, entrepreneurs, and marketing professionals were conducted as part of primary research, while a review of annual and financial reports of prominent manufacturers was conducted as part of secondary research.

Rehabilitation Equipment Market Overview:

Rehabilitation is a treatment that uses therapy and counseling to assist individuals to recover from accidents, illness, or disease. Because a wide range of equipment is reusable, customer acceptance is increasing. The rising prevalence of noncommunicable illnesses-related impairments, favorable healthcare reforms, and rapid rise in the senior population, together with the prevalence of chronic diseases, are the primary drivers influencing the rehabilitation equipment market growth.

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Rehabilitation Equipment Market Dynamics:

The rising frequency of musculoskeletal ailments is driving the rehabilitation equipment demand. Musculoskeletal problems are frequent and have a wide-ranging impact. They are one of the major causes of serious long-term physical impairment and agony in millions of individuals throughout the world. The World Health Organization (WHO) estimates that 25% to 30% of the world’s population is now suffering from a painful musculoskeletal ailment. As a result, a rising number of individuals are being hospitalized in musculoskeletal rehabilitation clinics across the world, boosting the demand for rehabilitation equipment.

The Rehabilitation Equipment Market’s growth is expected to be hampered by a general lack of awareness about how to handle rehabilitation equipment appropriately. After a stroke, for example, a lack of prompt support and rehabilitation might have major effects on the body’s functioning. This lack of understanding can also lead to patients dismissing the signs of serious illnesses, which can have a poor influence on rehabilitation acceptance.

Rehabilitation Equipment Market Regional Insights:

North America is likely to maintain its large market share by the conclusion of the forecast period. The rising prevalence of chronic diseases, such as Parkinson’s, Alzheimer’s, and arthritis, the rising demand for recovery therapies, and the existence of multiple players are all driving the rehabilitation equipment market growth in the United States. The chance of getting a chronic disease in the United States is increasing drastically owing to an aging population, according to the National Institute of Environmental Health Sciences. This suggests that the majority of Americans will be affected by chronic illnesses in the future decades. This condition produces an urgent requirement for rehabilitative equipment, which supports the overall market growth.

Rehabilitation Equipment Market Segmentation:

By Product:

  • Daily Living Aids
  • Mobility Equipment
  • Exercise Equipment
  • Body Support Devices

By Application:

  • Physiotherapy
  • Occupational Therapy

By End-use:

  • Hospitals & Clinics
  • Rehab Centers
  • Home Care Settings
  • Physiotherapy Centers

Rehabilitation Equipment Market Key Competitors:

  • Baxter International
  • Invacare Corporation
  • Amigo Mobility International
  • Argo Medical
  • Medline Industries
  • Coalfax
  • Dynatro nics Corporation
  • Access Rehabilitation Group
  • Drive DeVilbiss Healthcare
  • GF HEALTH PRODUCTS
  • Changzhou Qian Jing Rehabilitation equipment
  • Stryker
  • Carex Health Brands
  • Roma Medical
  • Hospital Equipment Mfg. Co.
  • Handicare Group AB
  • Drive DeVilbiss Healthcare
  • Esko Bionics
  • Maddak, Inc
  • India Medico Instruments

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Key Questions answered in the Rehabilitation Equipment Market Report are: 

  • What is the competitive scenario of the Rehabilitation Equipment Market?
  • What is the manufacturing cost of rehabilitation equipment?
  • What is the supply chain situation in the market?
  • Which equipment has the most demand in the industry and how does this demand vary for each region and country?
  • Which are the key factors aiding the Rehabilitation Equipment Market growth?
  • Which region is expected to hold the largest share of the Rehabilitation Equipment Market by 2029?
  • What will be the CAGR of the Rehabilitation Equipment Market during the forecast period?
  • Which application segment is expected to emerge as the leading segment in the Rehabilitation Equipment Market?
  • Which product segment held the largest share of the Rehabilitation Equipment Market in 2021?

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About Maximize Market Research:

Maximize Market Research provides syndicate as well as custom-made business and market B2B and B2C research on 6,500 high-growth emerging technologies and opportunities as well as threats to the companies across the  Chemical, Healthcare, Pharmaceuticals, Electronics and Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors. Maximize Market Research is positioned to estimate and forecast the market size with the competitive landscape of the industries.

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