Market Overview:
The global rehabilitation equipment market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and growing demand for home-based rehabilitation therapies. The global rehabilitation equipment market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into upper body rehabilitation equipment and lower body rehabilitation equipment. Upper body rehabilitation equipment accounted for a larger share of the global market in 2017 owing to its increasing use in post-operative care and stroke treatment. By application, hospital accounted for a larger share of the global rehab equipments market in 2017 due to rising number of hospitals across regions coupled with increasing expenditure on healthcare infrastructure development globally.
Product Definition:
Rehabilitation equipment is a type of equipment that is used to help people who have been injured or are recovering from an illness or surgery. Rehabilitation equipment can include things like wheelchairs, crutches, and walkers. It can also include machines that are used to help people exercise or improve their mobility.
Upper Body Rehabilitation Equipment:
Upper body rehabilitation equipment is used for the treatment of injuries and disorders affecting the chest, arms, shoulders, and neck. These are majorly used in post-operative treatments as they help in increasing range of motion and muscle strength. They also aid in reducing pain caused by damaged muscles or joints.
Lower Body Rehabilitation Equipment:
Lower body rehabilitation equipment is used for providing therapy to recovering patients after an injury or surgery. It helps in regaining the mobility of a patient's legs and feet. The market is segmented on the basis of product types which include stationary bicycles, walking assist devices, manual wheelchairs, electric wheelchairs and scooters among others.
Application Insights:
The hospital segment dominated the global rehabilitation equipment market in 2017. This can be attributed to factors such as increasing number of hospitals and rising geriatric population across the globe. According to a study published by LSM Health, Inc., in 2018, around 1 out of every 3 people aged 65 years or above were hospitalized in Europe during 2014-2016. On the other hand, this age group represented only 1 out of 10 adults aged between 18-64 years globally during the same period. Thus, growing geriatric population is expected to contribute significantly towards demand for rehabilitation equipment at hospitals over next few years.
The family segment accounted for a significant share owing to increasing awareness about better healthcare services among consumers and rapid urbanization that have resulted in rise in need for medical assistance among consumers across developing countries including China India Brazil etc.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high awareness among people about physical therapy, and availability of highly skilled rehabilitation professionals are some factors responsible for its large share. Moreover, increasing government initiatives to create awareness regarding post-injury rehabilitation is also expected to drive the regional market over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to rising medical tourism and improving healthcare infrastructure in emerging countries such as China and India. In addition, growing number of patients suffering from spinal cord injuries due to falls or violence are also driving this regional market at a significant pace over the next eight years. However, low reimbursement rates for equipment provided by private hospitals may hinder growth during 2018’s first half in Asia Pacific region due to which it may lose out on revenue share compared with other regions mentioned above later on during its lifespan at constant currency exchange rates (i.e., prices).
Growth Factors:
- Increasing incidence of chronic diseases: The global prevalence of chronic diseases is increasing at an alarming rate. This is primarily because of the changing lifestyles and dietary habits of people across the world. According to a study by the World Health Organization (WHO), non-communicable diseases (NCDs) such as heart disease, stroke, cancer, and diabetes accounted for 63% of all deaths worldwide in 2012. This number is expected to rise to 73% by 2030. The Rehab Equipment market will benefit from this increase in demand for treatment and rehabilitation services for patients suffering from chronic diseases.
- Growing geriatric population: The global population aged 60 years or above is estimated to reach 1 billion by 2020. This growing geriatric population will create a significant demand for Rehab Equipment products and services that can help improve their quality of life. In addition, governments around the world are increasingly investing in healthcare infrastructure aimed at catering to the needs of this segment of society. This will also spur growth in the Rehab Equipment market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rehab Equipment Market Research Report
By Type
Upper Body Rehabilitation Equipment, Lower Body Rehabilitation Equipment
By Application
Hospital, Family, Nursing Home, Other
By Companies
Invacare Corporation, Dynatronics Corporation, Drive DeVilbiss Healthcare, Changzhou Qian Jing Rehabilitation, Carex Health Brands, Roma Medical, Caremax Rehabilitation Equipment, GF Health Products
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Rehab Equipment Market Report Segments:
The global Rehab Equipment market is segmented on the basis of:
Types
Upper Body Rehabilitation Equipment, Lower Body Rehabilitation Equipment
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
Hospital, Family, Nursing Home, Other
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
- Dynatronics Corporation
- Drive DeVilbiss Healthcare
- Changzhou Qian Jing Rehabilitation
- Carex Health Brands
- Roma Medical
- Caremax Rehabilitation Equipment
- GF Health Products
Highlights of The Rehab Equipment 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:
- Upper Body Rehabilitation Equipment
- Lower Body Rehabilitation Equipment
- By Application:
- Hospital
- Family
- Nursing Home
- Other
- 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 Rehab Equipment 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Rehab equipment is any piece of medical equipment used in rehabilitation. This can include devices such as walkers, wheelchairs, and crutches. Rehabilitation professionals use these items to help patients recover from injuries or illnesses.
Some of the key players operating in the rehab equipment market are Invacare Corporation, Dynatronics Corporation, Drive DeVilbiss Healthcare, Changzhou Qian Jing Rehabilitation, Carex Health Brands, Roma Medical, Caremax Rehabilitation Equipment, GF Health Products.
The rehab equipment market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rehab Equipment 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 Rehab Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rehab Equipment 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 Rehab Equipment 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 Rehab Equipment Market Size & Forecast, 2018-2028
4.5.1 Rehab Equipment Market Size and Y-o-Y Growth
4.5.2 Rehab Equipment Market Absolute $ Opportunity
Chapter 5 Global Rehab Equipment 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 Rehab Equipment Market Size Forecast by Type
5.2.1 Upper Body Rehabilitation Equipment
5.2.2 Lower Body Rehabilitation Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rehab Equipment 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 Rehab Equipment Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Family
6.2.3 Nursing Home
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rehab Equipment 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 Rehab Equipment 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 Rehab Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Rehab Equipment 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 Rehab Equipment Market Size Forecast by Type
9.6.1 Upper Body Rehabilitation Equipment
9.6.2 Lower Body Rehabilitation Equipment
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 Rehab Equipment Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Family
9.10.3 Nursing Home
9.10.4 Other
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 Rehab Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Rehab Equipment 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 Rehab Equipment Market Size Forecast by Type
10.6.1 Upper Body Rehabilitation Equipment
10.6.2 Lower Body Rehabilitation Equipment
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 Rehab Equipment Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Family
10.10.3 Nursing Home
10.10.4 Other
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 Rehab Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rehab Equipment 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 Rehab Equipment Market Size Forecast by Type
11.6.1 Upper Body Rehabilitation Equipment
11.6.2 Lower Body Rehabilitation Equipment
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 Rehab Equipment Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Family
11.10.3 Nursing Home
11.10.4 Other
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 Rehab Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Rehab Equipment 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 Rehab Equipment Market Size Forecast by Type
12.6.1 Upper Body Rehabilitation Equipment
12.6.2 Lower Body Rehabilitation Equipment
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 Rehab Equipment Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Family
12.10.3 Nursing Home
12.10.4 Other
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) Rehab Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rehab Equipment 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) Rehab Equipment Market Size Forecast by Type
13.6.1 Upper Body Rehabilitation Equipment
13.6.2 Lower Body Rehabilitation Equipment
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) Rehab Equipment Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Family
13.10.3 Nursing Home
13.10.4 Other
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 Rehab Equipment Market: Competitive Dashboard
14.2 Global Rehab Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Invacare Corporation
14.3.2 Dynatronics Corporation
14.3.3 Drive DeVilbiss Healthcare
14.3.4 Changzhou Qian Jing Rehabilitation
14.3.5 Carex Health Brands
14.3.6 Roma Medical
14.3.7 Caremax Rehabilitation Equipment
14.3.8 GF Health Products
