The global rehabilitation equipment market is
foreseen to grow at 5.6%, from USD 14.2 Billion in 2021 to USD 22.0 Billion in
2029. The increasing incidence of chronic diseases and the rising geriatric
population drive the global rehabilitation equipment market. However, Lack of
Awareness and Access to Rehabilitation Services in Emerging Markets is seen to
restrain the market growth.
According to the U.S. Census Bureau, more than
54 million adults ages 65 and older account for about 16.5% of the nation’s
population. With the rise in the population in the region, the demand for
various rehabilitation equipment is seen to increase over the forecast period.
Rehabilitation equipment helps to minimize or
slow down the disabling effects of chronic health conditions, such as
cardiovascular disease, cancer, and diabetes, by equipping people with self-management
strategies and the assistive products they require or addressing pain or other
complications.
COVID-19
Impact on Global Rehabilitation Equipment Market
The rehabilitation equipment helps the patients
to recover faster, thus providing optimized health and functioning outcomes.
The rising number of COVID-19 cases has caused inconvenience for delivering
proper rehabilitation equipment/treatment during the pandemic. The rising
COVID-19 infection has thus led to a negative impact on the aspects of
rehabilitation equipment in recent years.
Market
Segmentation
For the purpose of this report, the global rehabilitation
equipment market is segmented on the basis of product type, application type, end
user and region:
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Product Type Outlook
(Revenue, USD million; 2018-2029)
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Body Support Devices
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Patient Lifts
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Slings
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Other Body Support
Devices
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Daily Living Aids
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Bathroom & Toilet
Assist Devices
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Medical Beds
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Reading, Writing, &
Computing Aids
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Other Daily Living Aids
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Exercise Equipment
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Full Body Exercise
Equipment
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Lower Body Exercise
Equipment
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Upper Body Exercise
Equipment
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Mobility Equipment
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Wheelchairs &
Scooters
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Power Wheelchairs
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Mobility Scooters
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Manual Wheelchairs
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Therapy Equipment
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Walking Assist Devices
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Canes
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Crutches
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Walkers
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Application Outlook
(Revenue, USD million; 2018-2029)
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Occupational
Rehabilitation & Training
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Physical Rehabilitation
& Training
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Strength, Endurance,
& Pain Reduction
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End User Outlook
(Revenue, USD million; 2018-2029)
|
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Home Care Settings
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Hospitals & Clinics
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Physiotherapy Centers
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Rehabilitation Centers
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Other End Users
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Product
Type Outlook:
On the basis of product, the market is segmented
into body support devices, daily living aids, exercise equipment, mobility
equipment, therapy equipment, walking assist devices. Further, body support
devices is segmented into patient lifts, slings, other body support devices
(support straps, air-assisted lateral transfer mattresses, sliding sheets,
orthopedic aids, & accessories). Further, daily living aids is segmented
into bathroom & toilet assist devices, medical beds, reading, writing,
& computing aids, other daily living aids (dining aids, seating and
positioning products, grooming and dressing aids, & furniture accessories).
Further, exercise equipment is segmented into full body exercise equipment,
lower body exercise equipment, upper body exercise equipment. Further, mobility
equipment is segmented into wheelchairs & scooters.
Figure
1 - Rehabilitation Equipment Market, By Product Type (Market Size And Forecast
By Value - USD Million, 2021 & 2029)