Global Rehabilitation Equipment Market Research Report and Forecast to 2030 is an in-depth study of the global Rehabilitation Equipment Market, including market size, market share, current and emerging trends, and the most recent technological developments. The report also provides insight into the global and regional competitive landscape of the Rehabilitation Equipment Market, as well as a detailed forecast to 2030. The impact of the COVID-19 pandemic on the Rehabilitation Equipment Market has been updated in the new report. It examines the pandemic's impact on the economic landscape and government regulations in each region. It also investigates the supply chain disruptions and economic volatility caused by the pandemic and provides a current and prospective outlook.

The global rehabilitation equipment market size reached USD 14.10 Billion in 2021 and is expected to register a revenue CAGR of 6.0% during the forecast period, according to the latest analysis by Emergen Research. Increasing prevalence of chronic and neurodegenerative diseases, rising demand for rehabilitation care associated with healthcare, and favorable reimbursement policies among developed countries are some of the leading factors driving revenue growth of the market. In addition, increasing research and activities in healthcare is contributing to revenue growth of the market.

Prevalence of chronic and neurodegenerative diseases is a major factor driving revenue growth of the market. Spinal Muscular Atrophy (SMA) is an autosomal recessive neuromuscular disease that gradually weakens and paralyzes the proximal muscles. According to the report, SMA type I accounts for about 60% of all cases, with an estimated prevalence of 1-2 per 100,000 people and incidence of 1 in 10,000. Rehabilitation, therefore, aids in reducing the incapacitating effects of long-term medical conditions. Furthermore, rising demand for rehabilitation care associated with healthcare is driving revenue growth of the rehabilitation market due to increasing government initiatives and several regulatory approvals for rehabilitation products. Rising prevalence of chronic and neurodegenerative diseases is a major factor driving revenue growth of the market. SMA is an autosomal recessive neuromuscular disease that gradually weakens and paralyses the proximal muscles since the alpha motor neurons in the spinal cord atrophy. According to the report, SMA type I accounts for about 60% of all cases, with an estimated prevalence of 1-2 per 100,000 people and 1 in 10,000. Rehabilitation, therefore, aids in reducing the incapacitating effects of long-term medical conditions.

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Competitive Landscape:

The latest study provides an insightful analysis of the broad competitive landscape of the global Rehabilitation Equipment market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Rehabilitation Equipment market and pinpoint the fundamental growth trends. 

The leading market contenders listed in the report are:

Lusio Rehab, Baxter International Inc., Invacare Corporation., ANTANO GROUP, TecnoBody, Evosonics.Co., Ltd., Medline Industries, Inc., LINET, GF Health Products, Inc., and Ekso Bionics

Global Rehabilitation Equipment Market Highlights:

• Regional demand estimation and forecast
• Product Mix Matrix
• RD Analysis
• Cost-Benefit Analysis
• Pre-commodity pricing volatility
• Supply chain optimization analysis
• Technological updates analysis
• Raw Material Sourcing Strategy
• Competitive Analysis
• Mergers Acquisitions
• Location Quotients Analysis
• Carbon Footprint Analysis
• Patent Analysis
• Vendor Management

Key Parameters Analyzed in This Section:

• Company Profiles
• Gross Revenue
• Profit margins
• Product sales trends
• Product pricing
• Industry Analysis
• Sales distribution channels

Regional Segmentation:

• North America
• Latin America
• Europe
• Middle East Africa
• Asia Pacific

Key Points Covered in This Section:

• Regional contribution
• Estimated revenue generation
• Vital data and information about the consumption rate in all the leading regional segments
• An expected rise in market share
• Forecast growth in the overall consumption rate

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Some Key Highlights From the Report

• The daily living aids segment accounted for largest revenue share in 2021 due to increasing use of toilet and bathroom accessories and medical bed accessories for patients. These gadgets, which include adaptive cutlery, non-slip floor struts, and extensions for lamps and light switches, are all designed to make daily life much simpler. They aid in people maintaining their independence by making it simpler for them to complete their daily tasks and regain control over their environment. Use of bathing tools implements with extended handles, such as back washers, hair washers, and body washers is advantageous to users who might not be as flexible or mobile. These factors are driving revenue growth of the segment.
• The physiotherapy centers segment is expected to account for significantly rapid revenue CAGR during the forecast period. Physiotherapy centers frequently employ a variety of physiotherapy techniques, including manual physical therapy, the Graston Technique, the McKenzie Treatment, and active release technique. Physiotherapy enables patients to move and function normally by promoting growth and hastening the healing process. It promotes greater independence and the freedom to conduct daily activities wherever one chooses at home, at work, or even in one's favorite hangout. It can improve cardio-respiratory health, strengthen muscles, reduce pain, and increase joint mobility.
• The market in North America accounted for largest revenue share in 2021 due to presence of leading companies, rising company partnerships and investments in rehabilitation. For instance, on 6 March 2022, a definitive merger agreement was announced between Bristol Myers Squibb and Turning Point Therapeutics, Inc., which is a clinical-stage highly precise oncology company with a pipeline of investigational drugs. Bristol Myers Squibb will purchase Turning Point Therapeutics for USD 76.00 per share. The board of directors of Bristol Myers Squibb and Turning Point Therapeutics unanimously approved the deal, and it is planned to close in the third quarter of 2022. Thus these leading company investments are driving revenue growth of the market in this region.

Market Overview:

The report bifurcates the Rehabilitation Equipment market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

• Product Type Outlook (Revenue, USD Billion; 2019-2030)
• Daily Living Aids
• Exercise equipment
• Body support devices
• Others

• Application Outlook (Revenue, USD Billion; 2019-2030)
• Physiotherapy
• Occupational therapy
• Others

• End-use Outlook (Revenue, USD Billion; 2019-2030)
• Hospitals
• Rehab centers
• Physiotherapy centers
• Homecare settings

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Key reasons to buy the Global Rehabilitation Equipment Market report:

1. The latest report comprehensively studies the global Rehabilitation Equipment market size and provides useful inference on numerous aspects of the market, such as the current business trends, market share, product offerings, and product share.
2. The report offers an insightful analysis of the regional outlook of the market.
3. It offers a detailed account of the end-use applications of the products services offered by this industry.
4. The report holistically covers the latest developments taking place in this industry. Therefore, it lists the most effective business strategies implemented by the market rivals for ideal business expansion.

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