New report: Rehab Equipment Market analysis & forecast to 2025 - PowerPoint PPT Presentation

Global Rehab Equipment Market Trends, Analysis, And

Forecast To 2025

The treatment designed to enable the recovery process from injury, illness, or disease to a normal

condition either by therapy or counseling or both is referred to as rehabilitation. Large number of

equipment is re-usable in nature, and their rate of adoption is increasing among customers.

The rate of adoption of rehab equipment has increased after the enactment of long-term care insurance

system in 2000. This trend has led into function improvements as well as design of such equipment,

which provides advantages to the aged population and physically challenged people to attain

independence and participate in society.

The global rehab equipment market can be classified based on type, body support, exercises, living aids,

application, and region. On the basis of type, the global market is classified into mobility equipment, body

support devices, exercise equipment, and daily living aids. Depending upon body support, it is segmented

into lift and sling. As per exercises, it is divided into upper body and lower body. Based on living aids, it is

divided into reading and writing. Based on application, the global market is divided into physiotherapy

and occupational therapy (OT). Depending on end user, it is divided into hospitals, clinics and home care

among others.

Among the major market segments, the mobility equipment segment is set to register the highest growth

during the future period owing to the rise in number of elderly people suffering from orthopedic

impairments resulting in a demand for mobility equipment across the globe. Also, the physiotherapy

market segment is set to register the highest growth during the future years owing to the rising need for

physiotherapy among the elderly population & disabled patients and the application of promising

government policies.

The global rehab equipment market is set to witness remarkable growth in the forecast period. Factors

such as the rising incidence of disabilities that result from diseases, favorable healthcare reforms, and

rise in geriatric population along with the high prevalence of chronic diseases are fuelling the growth of

this market. However, high costs & maintenance expense of rehabilitation equipment is expected to

hamper the market growth. The various technological advancements such as smart accessible gadgets

tend to expand the growth opportunities for this market.

Based on regions, the global rehab equipment market is divided into North America, Europe, Asia-Pacific

(APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated to

command the maximum market share and would lead the global rehab equipment market during the

forecast period. The increased preference for an independent lifestyle, the need for elderly and physically

challenged individuals to discover the world, rise in longevity, and the astounding cost of caregiver

services have propelled the demand for mobility devices across the world. Moreover, the U.S. government

is increasingly providing support and reimbursement facilities for these equipment.

The major companies that provide rehab equipment include Drive DeVilbiss Healthcare, GF HEALTH

PRODUCTS, INC., Stryker Corporation, Access Rehabilitation Group, Amigo Mobility International, Inc.,

Medline Industries, Inc., Argo Medical, Dynatronics Corporation, Invacare Corporation, and Caremax

Rehabilitation Equipment Co. Ltd. among others.

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The intraoperative imaging market is expected to register high growth during the future period, Factors

such as increased prevalence of chronic diseases, such as neurological, cardiac, and orthopedic disorders,

is anticipated to fuel market growth. As per Alzheimer's Association, over 5.4 million people in the U.S.

suffered with Alzheimer’s disease in 2016 and it is estimated that the number of patients would reach

around 16 million by 2050. Also, as per the American Academy of Orthopedic Surgeons, over 581,000

total knee replacements are performed annually in the U.S. Thus, there is an increased demand for

advanced intraoperative imaging for treatment chronic disorders, which is expected to propel the market

growth

Based on regions, the global intraoperative imaging market is divided into North America, Europe, Asia-

Pacific (APAC), Middle East & Africa (MEA), and Latin America. The North American region is anticipated

to command the maximum market share and would lead the intraoperative imaging market during the

forecast period. Owing to the presence of several large medical devices companies in this region, such as

Medtronic, Siemens Healthineers,Koninklijke Philips N.V., and GE Healthcare. Moreover, the presence of

highly developed healthcare infrastructure as well as the availability of expert surgeons in this region has

further propelled the market growth.

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The North American market was followed by owing to the high demand for innovative medical devices

for surgeries and presence of major manufacturers mainly in Germany, UK, France, Switzerland, and Italy

integrated with well-developed healthcare infrastructure are expected to drive growth for the market.

The Asia-Pacific region is expected to register swiftest growth rate during the forecast period owing to

high awareness about advanced surgical treatments and developing healthcare infrastructure in Asian

countries such as China, India, and Indonesia. Additionally, the rising prevalence of chronic diseases such

as Parkinson's disease, cancer, orthopedic diseases, epilepsy, and Alzheimer's disease, is analyzed to

increase the adoption of intraoperative imaging.

The major companies that provide intraoperative imaging equipment include Deerfield Imaging, GE

Healthcare, Ziehm Imaging GmbH, Siemens Healthineers, Medtronic, IMRIS, Koninklijke Philips N.V.,

Brainlab AG, Shimadzu Corporation, and NeuroLogica Corp. among others.

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