Global Rehabilitation Equipment Market Size, Status and Forecast 2024, Our objective is to provide strategic key market information like Sales Volume, Market Share, market size estimations, CAGR, Competition by Players/Suppliers, 5-year market forecast & Industry trends, etc.
The target geography in this research report is USA, Europe, Asia-Pacific, Middle East and Africa.
According to the Latest Market research report Published by MarketsandMarkets the “Rehabilitation Equipment Market Size, Share, Demand and Growth Analysis, forecast” the Global Market to reach 14.91 Billion, at a CAGR of 8.6%
Increasing incidence of disabilities and rapid growth in the geriatric population are the major drivers for the market.
There are four major types of NCDs — cardiovascular disease (such as heart attacks and stroke), cancer, chronic respiratory disease (such as chronic obstructive pulmonary disease and asthma), and diabetes. NCDs are considered the leading cause for preventable disabilities such as paralysis and mental disorders among the patients. The rising incidence of NCDs has correspondingly boosted cases of disability among patients; this is expected to drive the demand for rehabilitation equipment.
key players operating in the Global Rehabilitation Equipment Market;
The rehabilitation equipment market is highly fragmented with the presence of several small and large players. Some of the prominent players in this market are Invacare Corporation (US), Medline Industries, Inc. (US), Dynatronics Corporation (US), Drive DeVilbiss Healthcare (US), Changzhou Qian Jing Rehabilitation Co., Ltd. (China).
Major Drivers Impacting the Rehabilitation Equipment Market;
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Physiotherapy is a cost-effective method for preventing disabilities from becoming chronic condition and speeding up the recovery time for musculoskeletal, neurological, and surgical injuries, among others. The increasing incidence of various non-communicable diseases that can lead to various disabilities has driven the demand for assistive care in physiotherapy centers.
Rehabilitation centers usually provide long-term care as per the patient’s needs. Patient preference for rehabilitation centers has risen in recent years due to the presence of a skilled and specialized workforce at these centers. They also specialize in post-operative care and physical therapy.
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