Market Overview:
The global portable rehabilitation devices market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and growing demand for home-based healthcare services. In addition, technological advancements in portable rehabilitation devices are also contributing to the growth of this market. Based on type, the global portable rehabilitation devices market is segmented into daily living aids, mobility equipment, exercise equipment, and body support devices. Daily living aids are further sub-segmented into assistive technology products and personal care products. Mobility equipment is further sub-segmented into wheelchairs and walkers/cane supports. Exercise equipment is further sub-segmented into stationary bikes/elliptical trainers and treadmills/rowing machines. Body support devices are further sub-segmented into back braces/lumbar supports and knee braces/ankle supports. Based on application, the global portable rehabilitation devices market is segmented into hospitals & clinics, rehab centers,, home care settings,, physiotherapy centers,. Hospitals & clinics account for the largest share of this market owing to increasing number of hospital admissions due to chronic diseases such as stroke,, cancer,, heart disease,. Rehab centers account for second largest share in this market due to increasing number of patients suffering from various disabilities such as cerebral palsy,,,, multiple sclerosis (MS),,.
Product Definition:
Portable rehabilitation devices are tools used to help people with disabilities or injuries regain movement and improve their quality of life. They can include anything from wheelchairs and walkers to portable ramps and lifts. Portable rehabilitation devices are important because they allow people to continue their rehabilitation even when they're not at a rehab center or doctor's office. This can be especially helpful for those who live in rural areas or who have difficulty getting around.
Daily Living Aids:
The global daily living aids, it's usage and growth factor in portable rehabilitation devices market size was valued at USD 2.5 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period.
Mobility Equipment:
The global mobility equipment and it's usage in portable rehabilitation devices market is expected to witness significant growth over the forecast period. The growing geriatric population coupled with rising prevalence of target diseases such as Parkinson’s, arthritis, and others are some major factors driving the market for mobility equipment & it's usage in portable rehabilitation devices.
Application Insights:
The hospitals and clinics segment dominated the market in 2017. This is attributed to the rising number of patients suffering from spinal cord injuries, stroke, cancer and other life-threatening conditions requiring immediate hospitalization. According to a study published by NCBI in 2018, around 60% of total healthcare spending goes for rehabilitation therapies which include physiotherapy and occupational therapy. Rising awareness about these therapies coupled with increasing government funding for them is expected to drive demand over the forecast period.
The home care settings segment accounted for a significant share owing to an increase in chronic diseases such as heart disease, high blood pressure levels & diabetes that require regular monitoring at home along with effective treatment using portable devices such as wheelchairs and walkers that can be used at home thereby reducing transportation costs between hospitals or clinics and homes.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of manufacturers and suppliers, high healthcare expenditure, and favorable reimbursement policies are some factors contributing to its growth. According to the American Physical Therapy Association (APTA), physical therapists treat an estimated 25 million patients annually, with about 1 out of 5 visits occurring inpatient setting. In addition, portable rehabilitation devices help reduce patient’s burden by allowing independent home or community based rehabilitation programs thus reducing overall cost for the patient's family as well as insurance provider.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to increasing geriatric population coupled with rising incidences of injuries & accidents that require hospitalization or outpatient physiotherapy sessions for treatment & recovery.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increased demand for portable rehabilitation devices, as they are specifically designed for elderly patients.
- Rising incidence of chronic diseases: The prevalence of chronic diseases such as stroke, heart disease, and diabetes is increasing globally due to changing lifestyles and aging populations. This is leading to an increased demand for portable rehabilitation devices, as they help improve the quality of life for patients suffering from these conditions.
- Technological advancements: Portable rehabilitation devices are becoming increasingly sophisticated with each passing year, with new features being added regularly. This has led to an increase in their adoption by healthcare providers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Portable Rehabilitation Devices Market Research Report
By Type
Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices
By Application
Hospitals & Clinics, Rehab Centers, Home Care Settings, Physiotherapy Centers
By Companies
Invacare Corporation, Medline Industries, Inc, Dynatronics Corporation, Drive Devilbiss Healthcare, Esko Bionics, Caremax Rehabilitation Equipment Ltd, GF Health Products, Inc, Invacare Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Portable Rehabilitation Devices Market Report Segments:
The global Portable Rehabilitation Devices market is segmented on the basis of:
Types
Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals & Clinics, Rehab Centers, Home Care Settings, Physiotherapy Centers
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Invacare Corporation
- Medline Industries, Inc
- Dynatronics Corporation
- Drive Devilbiss Healthcare
- Esko Bionics
- Caremax Rehabilitation Equipment Ltd
- GF Health Products, Inc
- Invacare Corporation
Highlights of The Portable Rehabilitation Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Daily Living Aids
- Mobility Equipment
- Exercise Equipment
- Body Support Devices
- By Application:
- Hospitals & Clinics
- Rehab Centers
- Home Care Settings
- Physiotherapy Centers
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Portable Rehabilitation Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Portable rehabilitation devices (PRDs) are specialized equipment that can be used to help people with disabilities live more independently. PRDs can help people with mobility issues, cognitive impairments, and other conditions improve their quality of life by providing them with tools to manage their daily lives.
Some of the key players operating in the portable rehabilitation devices market are Invacare Corporation, Medline Industries, Inc, Dynatronics Corporation, Drive Devilbiss Healthcare, Esko Bionics, Caremax Rehabilitation Equipment Ltd, GF Health Products, Inc, Invacare Corporation.
The portable rehabilitation devices market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Portable Rehabilitation Devices Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Portable Rehabilitation Devices Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Portable Rehabilitation Devices Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Portable Rehabilitation Devices Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Portable Rehabilitation Devices Market Size & Forecast, 2018-2028 4.5.1 Portable Rehabilitation Devices Market Size and Y-o-Y Growth 4.5.2 Portable Rehabilitation Devices Market Absolute $ Opportunity
Chapter 5 Global Portable Rehabilitation Devices Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Portable Rehabilitation Devices Market Size Forecast by Type
5.2.1 Daily Living Aids
5.2.2 Mobility Equipment
5.2.3 Exercise Equipment
5.2.4 Body Support Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Portable Rehabilitation Devices Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Portable Rehabilitation Devices Market Size Forecast by Applications
6.2.1 Hospitals & Clinics
6.2.2 Rehab Centers
6.2.3 Home Care Settings
6.2.4 Physiotherapy Centers
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Portable Rehabilitation Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Portable Rehabilitation Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Portable Rehabilitation Devices Analysis and Forecast
9.1 Introduction
9.2 North America Portable Rehabilitation Devices Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Portable Rehabilitation Devices Market Size Forecast by Type
9.6.1 Daily Living Aids
9.6.2 Mobility Equipment
9.6.3 Exercise Equipment
9.6.4 Body Support Devices
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Portable Rehabilitation Devices Market Size Forecast by Applications
9.10.1 Hospitals & Clinics
9.10.2 Rehab Centers
9.10.3 Home Care Settings
9.10.4 Physiotherapy Centers
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Portable Rehabilitation Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Portable Rehabilitation Devices Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Portable Rehabilitation Devices Market Size Forecast by Type
10.6.1 Daily Living Aids
10.6.2 Mobility Equipment
10.6.3 Exercise Equipment
10.6.4 Body Support Devices
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Portable Rehabilitation Devices Market Size Forecast by Applications
10.10.1 Hospitals & Clinics
10.10.2 Rehab Centers
10.10.3 Home Care Settings
10.10.4 Physiotherapy Centers
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Portable Rehabilitation Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Portable Rehabilitation Devices Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Portable Rehabilitation Devices Market Size Forecast by Type
11.6.1 Daily Living Aids
11.6.2 Mobility Equipment
11.6.3 Exercise Equipment
11.6.4 Body Support Devices
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Portable Rehabilitation Devices Market Size Forecast by Applications
11.10.1 Hospitals & Clinics
11.10.2 Rehab Centers
11.10.3 Home Care Settings
11.10.4 Physiotherapy Centers
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Portable Rehabilitation Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Portable Rehabilitation Devices Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Portable Rehabilitation Devices Market Size Forecast by Type
12.6.1 Daily Living Aids
12.6.2 Mobility Equipment
12.6.3 Exercise Equipment
12.6.4 Body Support Devices
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Portable Rehabilitation Devices Market Size Forecast by Applications
12.10.1 Hospitals & Clinics
12.10.2 Rehab Centers
12.10.3 Home Care Settings
12.10.4 Physiotherapy Centers
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Portable Rehabilitation Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Portable Rehabilitation Devices Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Portable Rehabilitation Devices Market Size Forecast by Type
13.6.1 Daily Living Aids
13.6.2 Mobility Equipment
13.6.3 Exercise Equipment
13.6.4 Body Support Devices
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Portable Rehabilitation Devices Market Size Forecast by Applications
13.10.1 Hospitals & Clinics
13.10.2 Rehab Centers
13.10.3 Home Care Settings
13.10.4 Physiotherapy Centers
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Portable Rehabilitation Devices Market: Competitive Dashboard
14.2 Global Portable Rehabilitation Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Invacare Corporation
14.3.2 Medline Industries, Inc
14.3.3 Dynatronics Corporation
14.3.4 Drive Devilbiss Healthcare
14.3.5 Esko Bionics
14.3.6 Caremax Rehabilitation Equipment Ltd
14.3.7 GF Health Products, Inc
14.3.8 Invacare Corporation