Latest News- Rehabilitation Equipment Market: Hospitals and clinics is expected to lead the End-user segment during 2025-2029

The Rehabilitation Equipment Market is being driven by High prevalence of CVD

The Rehabilitation Equipment Market is expected to grow at a CAGR of 3.9% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3268.9 million. The global rehabilitation equipment market has experienced significant growth due to technological advancements, introducing innovative devices and systems that enhance therapy effectiveness and patient engagement. Robotic exoskeletons, a prime example of this progress, offer assistance to individuals with mobility impairments or injuries, enabling them to walk and perform daily activities. These advanced devices utilize active motors and sensors to provide powered support and facilitate movement, revolutionizing rehabilitation care and outcomes. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• End-user
  • Hospitals and clinics
  • Rehabilitation centers
  • Home care
  • Physiotherapy centers
• Application
  • Physical rehabilitation and training
  • Strength endurance and pain reduction
  • Occupational rehabilitation and training
• Product Type
  • Mobility equipment
  • Daily living aids
  • Body support devices
  • Exercise equipment
• Geography
  • North America
    • Canada
    • US
  • Europe
    • Germany
    • UK
    • France
    • Italy
  • Asia
    • China
    • India
    • Japan
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• High prevalence of CVD
• Increasing awareness and acceptance of rehabilitation
• Increasing prevalence of severe conditions

However, the market also witnesses some limitations, which are as follows:

• Cost barriers in rehabilitation equipment
• Limited reimbursement and insurance coverage
• Lack of standardization and regulation regarding rehabilitation equipment

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Market Scope in Rehabilitation Equipment Market Research Report

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Research Analysis Overview

The Rehabilitation Equipment Market encompasses a range of adaptive devices and assistive technology, including mobility aids, therapeutic modalities, and rehabilitation technology. Clinical rehabilitation settings utilize exercise equipment, therapeutic exercises, motor skill training, cognitive rehabilitation, speech therapy devices, occupational therapy tools, prosthetic fitting, orthotic bracing, wound care products, and pressure relief systems. Home healthcare equipment, such as adjustable beds, daily living aids, and adaptive seating, are also essential. Patient monitoring systems, smart home technology, remote monitoring, wearable sensors, data analytics, patient engagement, clinical outcomes, treatment efficacy, and rehabilitation outcomes are key components of modern rehabilitation solutions.

Market Research Overview

The Rehabilitation Equipment Market, encompassing assistive mobility devices, physical therapy equipment, prosthetic limbs, and orthotic devices, is a significant segment within the expansive Global Healthcare Equipment Market. This market category is characterized by companies and manufacturers specializing in the research and development (R&D) of various product lines, including capital equipment, instruments, implants, accessories, and consumables. These products cater to the diagnosis, monitoring, and treatment of diverse medical conditions. According to Technavio, the Global Healthcare Equipment Market size is determined by the combined revenue generated by the manufacturers of diagnostic equipment and devices utilized across multiple therapy areas. The Healthcare Equipment Industry is segmented into Devices, which includes advanced, differentiated, and clinically tested data-driven devices, to deliver optimal patient care and outcomes.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/