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 technological advancements in rehabilitation equipment. Based on type, the lower limb rehabilitation equipment segment is expected to account for the largest share of the global rehabilitation equipment market in 2018. This segment is projected to grow at a CAGR of 6% from 2018 to 2030. The growth in this segment can be attributed to increasing prevalence of lower limb injuries and disorders such as arthritis, stroke, and cerebral palsy. Based on application, hospitals are expected to account for the largest share of the global rehabilitation equipment market in 2018.
Product Definition:
Rehabilitation equipment is used to help people with physical disabilities regain strength and mobility. It can include anything from a simple cane or walker to more sophisticated medical equipment like wheelchairs, braces, and prosthetic devices. Rehabilitation equipment is important because it allows people with disabilities to improve their quality of life and independence.
Lower Limb Rehabilitation Equipment:
Lower limb rehabilitation equipment is used for helping patients recover from spinal cord injuries, fractures, and other mobility-related disabilities. The global lower limb rehabilitation equipment market is expected to witness significant growth over the forecast period owing to increasing number of road accidents and rising geriatric population across the globe.
According to a survey conducted by the National Safety Council in 2016, around 1.3 million people were injured due to road accidents in U.S.
Upper Limb Rehabilitation Equipment:
Upper limb rehabilitation equipment is used to help patients recover from upper extremity injuries. These devices are mainly used for the treatment of shoulder, arm, and hand injuries. The market is segmented on the basis of product into exercise tables & pulleys, passive motion devices & braces, active motion devices & pulleys and others (exercise bikes).
Exercise tables & pulleys: This device helps in providing stability to injured joints by applying pressure on them.
Application Insights:
The hospital segment dominated the global rehabilitation equipment market in 2017. This can be attributed to a large number of hospitals and healthcare centers that offer comprehensive services for people with disabilities. Furthermore, an increasing number of spinal surgeries is also expected to drive the segment growth over the forecast period. According to Spine-Health, Inc., around 6 out of 10 patients suffering from low back pain seek medical consultation due to non-specific symptoms or history of low back pain along with associated signs and symptoms such as tenderness on palpation along with redness and swelling at the site of injury or inflammation in surrounding muscles groups.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure and high adoption rate of advanced rehabilitation devices are some factors responsible for its large share. Moreover, favorable reimbursement policies for the purchase of rehabilitation equipment is also expected to drive regional growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing government initiatives pertaining to improving healthcare facilities in emerging countries such as China and India. In addition, rising awareness about various available options for treatment will support regional demand during the estimated time span. Furthermore, an increase in sports injuries among youth population will further propel market development across this region over next eight years (2018 - 2030).
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 in 2012. Rehabilitation equipment is used to treat various chronic conditions such as heart disease, stroke, cancer, and diabetes. As a result, the demand for rehabilitation equipment is expected to increase in the coming years.
- Growing geriatric population: The global geriatric population is growing at a rapid pace due to advances in medical technology and healthcare services that have extended life expectancy around the world. By 2030, it is estimated that there will be more than 1 billion people aged 60 years or older worldwide. This growing geriatric population will create significant demand for rehabilitation equipment in order to help them regain their mobility and independence after suffering from an illness or injury.
Scope Of The Report
Report Attributes
Report Details
Report Title
Rehabilitation Equipment Market Research Report
By Type
Lower Limb Rehabilitation Equipment, Upper Limb Rehabilitation Equipment
By Application
Hospital, Family, Other
By Companies
Tecnobody, Proxomed, Hocoma, Ergoline, BTE, Biodex, Motomed, Novotec Medical, Physiomed, CDM Sport, Tecnobody, Zhenzhou YouDe, Hailan, SFRobot, Xiangyu Medical
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 Rehabilitation Equipment Market Report Segments:
The global Rehabilitation Equipment market is segmented on the basis of:
Types
Lower Limb Rehabilitation Equipment, Upper Limb 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, 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:
- Tecnobody
- Proxomed
- Hocoma
- Ergoline
- BTE
- Biodex
- Motomed
- Novotec Medical
- Physiomed
- CDM Sport
- Tecnobody
- Zhenzhou YouDe
- Hailan
- SFRobot
- Xiangyu Medical
Highlights of The Rehabilitation 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:
- Lower Limb Rehabilitation Equipment
- Upper Limb Rehabilitation Equipment
- By Application:
- Hospital
- Family
- 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 Rehabilitation 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
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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?
Rehabilitation equipment is any piece of equipment that can be used to help a person with a disability regain their independence. This could include things like wheelchairs, walkers, and crutches.
Some of the major players in the rehabilitation equipment market are Tecnobody, Proxomed, Hocoma, Ergoline, BTE, Biodex, Motomed, Novotec Medical, Physiomed, CDM Sport, Tecnobody, Zhenzhou YouDe, Hailan, SFRobot, Xiangyu Medical.
The rehabilitation equipment market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Rehabilitation 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 Rehabilitation Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rehabilitation 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 Rehabilitation 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 Rehabilitation Equipment Market Size & Forecast, 2020-2028
4.5.1 Rehabilitation Equipment Market Size and Y-o-Y Growth
4.5.2 Rehabilitation Equipment Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Lower Limb Rehabilitation Equipment
5.2.2 Upper Limb Rehabilitation Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Family
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rehabilitation 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 Rehabilitation 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Lower Limb Rehabilitation Equipment
9.6.2 Upper Limb 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 Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Family
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Lower Limb Rehabilitation Equipment
10.6.2 Upper Limb 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 Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Family
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Lower Limb Rehabilitation Equipment
11.6.2 Upper Limb 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 Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Family
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Lower Limb Rehabilitation Equipment
12.6.2 Upper Limb 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 Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Family
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Lower Limb Rehabilitation Equipment
13.6.2 Upper Limb 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) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Family
13.10.3 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 Rehabilitation Equipment Market: Competitive Dashboard
14.2 Global Rehabilitation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Tecnobody
14.3.2 Proxomed
14.3.3 Hocoma
14.3.4 Ergoline
14.3.5 BTE
14.3.6 Biodex
14.3.7 Motomed
14.3.8 Novotec Medical
14.3.9 Physiomed
14.3.10 CDM Sport
14.3.11 Tecnobody
14.3.12 Zhenzhou YouDe
14.3.13 Hailan
14.3.14 SFRobot
14.3.15 Xiangyu Medical
