Global Rehabilitation Equipment Market Forecast to 2030
The Rehabilitation Equipment Market report is the result of extensive essential and auxiliary research, as well as subjective and quantitative examination of key market segments. The clever information is also approved and verified by business experts. The report aims to provide additional insights into the general market situation of the Rehabilitation Equipment business circle.
According to the most recent analysis by Emergen Research, the size of the worldwide rehabilitation equipment market reached USD 14.10 billion in 2021 and is projected to grow at a revenue CAGR of 6.0% during the forecast period. Some of the key drivers propelling market revenue growth are the rising prevalence of chronic and neurological illnesses, increased need for rehabilitation services related to healthcare, and advantageous reimbursement policies among developed countries. Additionally, rising healthcare-related research and activities are boosting the market's revenue growth.
Prevalence of chronic and neurodegenerative diseases is a major factor driving revenue growth of the market. Spinal Muscular Atrophy (SMA) is an autosomal recessive neuromuscular disease that gradually weakens and paralyzes the proximal muscles. According to the report, SMA type I accounts for about 60% of all cases, with an estimated prevalence of 1-2 per 100,000 people and incidence of 1 in 10,000. Rehabilitation, therefore, aids in reducing the incapacitating effects of long-term medical conditions. Furthermore, rising demand for rehabilitation care associated with healthcare is driving revenue growth of the rehabilitation market due to increasing government initiatives and several regulatory approvals for rehabilitation products. Rising prevalence of chronic and neurodegenerative diseases is a major factor driving revenue growth of the market. SMA is an autosomal recessive neuromuscular disease that gradually weakens and paralyses the proximal muscles since the alpha motor neurons in the spinal cord atrophy. According to the report, SMA type I accounts for about 60% of all cases, with an estimated prevalence of 1-2 per 100,000 people and 1 in 10,000. Rehabilitation, therefore, aids in reducing the incapacitating effects of long-term medical conditions.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
Lusio Rehab, Baxter International Inc., Invacare Corporation., ANTANO GROUP, TecnoBody, Evosonics.Co., Ltd., Medline Industries, Inc., LINET, GF Health Products, Inc., and Ekso Bionics
Market Dynamics:
The report offers insightful information about the market dynamics of the Rehabilitation Equipment market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Rehabilitation Equipment market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Rehabilitation Equipment market.
Radical Highlights of the Rehabilitation Equipment Market Report:
- Comprehensive overview of the Rehabilitation Equipment market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Rehabilitation Equipment market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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Rehabilitation Equipment Market Segmentation:
Market Overview:
The report bifurcates the Rehabilitation Equipment market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- Product Type Outlook (Revenue, USD Billion; 2019-2030)
- Daily Living Aids
- Exercise equipment
- Body support devices
- Others
- Application Outlook (Revenue, USD Billion; 2019-2030)
- Physiotherapy
- Occupational therapy
- Others
- End-use Outlook (Revenue, USD Billion; 2019-2030)
- Hospitals
- Rehab centers
- Physiotherapy centers
- Homecare settings
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the Rehabilitation Equipment Market report is an exhaustive database that will help readers formulate lucrative strategies. The Rehabilitation Equipment Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Rehabilitation Equipment market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Rehabilitation Equipment with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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