Rehab Equipment Market to achieve CAGR of 5.29% from 2022 and 2030, owing to growing demand for rehabilitative care | Market.us
The global Rehab Equipment Market will reach USD 34.5 Billion by 2030, up from US 21.7 billion in 2021. growing at a registered CAGR of 5.29% over the period 2022-2030.
A growing number of chronic and non-communicable illnesses, including Parkinson’s and cancer, has led to the widespread use of rehabilitation equipment in hospitals, clinics, homes, rehabilitation and physiotherapy centers, as well as rehabilitation and physiotherapy centers. The rapid rise of coronavirus (COVID-19), and subsequent adoption of lockdowns has prompted the development of remote or virtual healthcare programs via various internet platforms.
This trend also allows patients to obtain individualized training drugs and share their diagnostics records with rehabilitation specialists. Major competitors are collaborating heavily with other businesses to provide high-quality, affordable, and durable rehabilitation equipment. This is helping the market expand and meeting the growing demand for better equipment and clinical outcomes. The market is also benefiting from other factors such as increased consumer healthcare spending and investment in research-and-development (R&D) and many beneficial initiatives taken by governments of different countries to improve the existing healthcare infrastructure.
As per the report published by Market.us Titled & Rehab Equipment Market by Type [Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices] and By Application [Physiotherapy, Occupational Therapy]: Global Opportunity Analysis and Industry Forecast, 2022 – 2031”
The study analyzes the market in terms of revenue across all the major markets. Different Top key players such as [Invacare Corporation, Dynatronics Corporation, Drive DeVilbiss Healthcare, Changzhou Qian Jing Rehabilitation, Carex Health Brands, Roma Medical, Caremax Rehabilitation Equipment, GF Health Products] And More… have been profiled to get better insights into the businesses. It offers detailed elaboration on different Leading level industries which are functioning in global regions.
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The report has a very high utility for the key decision-makers and strategists in terms of accurate market insights, future growth opportunities, and key success factors.
Most importantly, the report analyses the possible impact of COVID-19 on the market dynamics which offers cushioning against the uncertain business environment and helps in streamlining the resources and investment decisions in a fruitful manner.
Europe dominates the Rehab Equipment industry, followed by North America, and Asia-Pacific. The U.S. dominated North America Rehab Equipment market share in 2022, whereas Mexico is expected to grow at a significant rate in North America during the forecast period.
Interest Points for participants:
Strategy defining Drivers, restraints, and opportunities
Competitive Benchmarking.
Identifying high prospective regions.
Market size from 2016-2031, in terms of value.
Recent developments & key strategies of competitors.
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Identifying the top players and their strategies.
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Can strategize expanding the business in other segments.
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What are the Top Market Drivers?
According to the report, the Rehab Equipment Market is driven by a host of factors, some of which are noted below:
Fire-resistant properties of Rehab Equipment and its high durability with easy maintenance.It’s the ability to help enhance the appearance of internal & external walls.Growing construction and automotive industry.Increasing demand for Rehab Equipment applications.
The report also includes growth rate estimates based on the intensity of drivers and constraints and provides the users with several graphical illustrations of the key insights.
What deliverables will you get in this report?
In-depth analysis of the Rehab Equipment MarketDetailed market segmentation.Competitive-landscape analysis.Historical, present, and future market size analysis.Industry trends, technologies, and advancements.Growth and operation strategies adopted by key players.Potential segments/regions offering promising growth.The geographical presence of the key players.
Market.us lists all prominent Rehab Equipment manufacturers operating in the global market. They are as follows:
Invacare Corporation
Dynatronics Corporation
Drive DeVilbiss Healthcare
Changzhou Qian Jing Rehabilitation
Carex Health Brands
Roma Medical
Caremax Rehabilitation Equipment
GF Health Products
The global Rehab Equipment market is categorized by types into:
Daily Living Aids
Mobility Equipment
Exercise Equipment
Body Support Devices
Based on applications, the global Rehab Equipment market is further segmented into:
Physiotherapy
Occupational Therapy
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