Classified Id: 355364

Classified Title:

Category: For All:General     

City: Pune     Locality: India

Date Listed/Updated: 2020-01-11

Author/Publisher name:

Description: Global rehabilitation equipment market was valued US$ 9.2 Bn in 2017 and is expected to reach US$ 14.9 Bn by 2026, at a CAGR of 6.23 % during a forecast period. Rehabilitation equipment is medical devices used for treating patients suffering from mental, physical & bodily capabilities caused due to diseases, injuries, and illness. Global Rehabilitation Equipment Market The growing incidence of disabilities & government initiatives towards the improvement of rehabilitation centers, quick growth in the elderly population is boosting the growth of rehabilitation devices market. Increasing technological developments & healthcare spending, and improving healthcare infrastructure are key opportunities the global rehabilitation equipment market during the forecast period. However, the lack of standard pricing, the high cost of rehabilitation products are limiting the growth of the global rehabilitation equipment market. The body support devices segment contains medical lifting slings and patient slings. Mobility devices segment is divided into wheelchairs & scooters segment and walking assist devices. The mobile equipment segment held approximately 37% share of the rehabilitation equipment market owing to rising elderly population and accidents affecting walking damages are mainly driving the mobility equipment segment of the rehabilitation equipment market. Daily living aids are used by physically disabled persons, and patients undergoing post-surgery recovery, which is the help to them complete daily tasks and activities. Growth in a number of disabled patients the demand for daily living aids is expected to grow the largest segment during the forecast period. for more information visit:https://www.maximizemarketresearch.com/market-report/global-rehabilitation-equipment-market/22656/ Exercise equipment segment includes hand grip exercisers, pedo cycles, arm, chest, foot exercises, multi-exercise chairs, hand gym kit boards, compact shoulder wheels, hand exercise tables, and shoulder wheels. The growth in the number of physiotherapy centers, the rising elderly population suffering from orthopedic problems, growing bone-related disorders, and rapid technological advancements related to physiotherapy is estimated to boost the physiotherapy segment during the forecast period. The hospitals and clinics segment held approximately 35% share of the market and is expected to lead the rehabilitation equipment market, owing to high treatment quality, the existence of technically advanced products, and the existence of a large patient pool. The Asia Pacific is expected to be the fastest growing region during the forecast period owing to the emerging economies, such as India and China, growing patient pool, improving public & private reimbursement infrastructure, and constant development of healthcare facilities. Growing awareness about rehabilitation equipment, a rising number of physicians, and supportive government programs & policies are expected to boost growth in this region. Europe is estimated to witness a rapid growth owing to decelerating economic development and healthcare production. Moreover, a change in the regulatory scenario is limiting the growth of the rehabilitation devices market in Europe. Key player operating in the global rehabilitation equipment market are Invacare Corporation IVC, Medline Industries, Inc., Dynatronics Corporation, Drive DeVilbiss Healthcare (Medical Depot Inc.), Carex Health Brands, Inc., Caremax Rehabilitation Equipment Co., Ltd. , and GF Health Products, Inc. The report covers a comprehensive study of major market drivers, restrains, opportunities, challenges, PESTEL, Porters, SWOT, and technological forecasting in the market.

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