Europe to Dominate the Global Rehabilitation Equipment Market till 2026
Rising preference for independent
lifestyle and expansion of healthcare sector is expected to drive the demand
for global rehabilitation equipment market in the forecast period.
According to TechSci Research report, “Global
Rehabilitation
Equipment Market By Product Type (Daily Living Aid, Mobility Equipment,
Walking Assist Devices, Exercise Equipment, Body Support Devices, Others), By
Daily Living Aid (Medical Beds, Bathroom & Toilet Assist Devices, Reading
& Writing Aids, Others), By Mobility Equipment (Mobility Scooters v/s
Wheelchairs), By Walking Assist Devices (Canes, Crutches, Walkers), By Exercise
Equipment (Lower Body, Upper Body, Full Body), By Body Support Devices (Patient
Lifts v/s Slings), By Application (Physiotherapy v/s Occupational Therapy), By
End User (Rehabilitation Center, Physiotherapy Centers, Hospitals &
Clinics, Homecare, Others), By Company, By Region, Forecast &
Opportunities, 2026”, global rehabilitation equipment market is expected to
witness steady growth for the upcoming five years. Growing need to improve the
quality of life and give them a sense of freedom and high society participation
from elderly, sick and disabled people is aiding to the high demand for
assistive equipment. Rehabilitation equipment are used by physiotherapists,
medical experts, and rehab centers in various healthcare facilities to provide
relief to the affected patients. Rehabilitation is considered an important step
for efficient recovery for several health conditions. Government across major
economies are providing incentives for the development of rehabilitation
centers to cater to the rising need for such centers across the globe.
Healthcare asylums need to avail the services of rehabilitation centers thereby
accelerating the market demand worldwide. Awareness regarding the benefits of
physiotherapy is increasing which is creating high demand from large old age
and disabled population.
However, lack of access and awareness regarding
rehabilitation centers may create hindrance in the global rehabilitation
equipment market growth.
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Global rehabilitation equipment market is segmented into product,
allergy type, test, end user, region, and company. Based on application, the market
is further bifurcated into physiotherapy and occupational therapy.
Physiotherapy segment is expected to witness growth in the forecast period.
Physiotherapy helps in strengthening the muscles, restore the flexibility and
mobility of the body, reduce the pain and aids in maintaining the correct
posture of the body. The increasing incidence of sports injuries,
cerebrovascular diseases, and degenerative joint disorders is expected to fuel
the market growth in the next five years. Based on end user, market is divided
into rehabilitation centers, physiotherapy centers, hospitals & clinics, homecare,
among others. Hospitals and clinics segment is expected to hold major market
share in the predicted period. Paramount trust of consumers on the services and
treatment given by hospitals and clinics is attracting a large crowd to avail
services which is considered the major driver for this segment. Government is
providing reimbursement policies to avail healthcare services in developed
economies thereby fostering the growth of global rehabilitation equipment
market. Based on product type, the market is categorized majorly into daily living
aid, mobility equipment, walking assist devices, exercise equipment, body support
devices and others. Mobility equipment segment is accounted to hold major
market share for the forecast period. Increasing geriatric and handicapped
population is driving the market growth. Based on mobility equipment, market is
divided into mobility scooters and wheelchairs. Wheelchair segment is expected
to dominate the market growth as it is preferred by major population. The old
age population and the people suffering from leg injuries, arthritis, cerebral palsy,
spinal bifida, amyotrophic lateral sclerosis, lower limb amputees, paralysis
condition, among others require the assistance of wheelchairs for movement from
one place to another. Wheelchairs are integrated with Bluetooth, Wi-fi
connectivity and smart gadgets to provide convenience and easy movement to sick
and disabled people.
Invacare Corporation, Drive DeVilbiss Healthcare LLC,
Hill-Rom Services Inc., Medline Industries, Inc., Dynatronics Corporation, DJO
Global, Inc., Carex Health Brands, Inc., Roma Medical Aids Ltd., GF Health
Products, Inc., Etac AB, Joerns Healthcare LLC, Prism UK Medical Ltd., EZ Way,
Inc., Sunrise Medical, Inc., Ekso Bionics Holdings Inc. are the leading players
operating in the global rehabilitation equipment market. Manufacturers are
increasingly focusing on research and development process to fuel higher growth
in the market. To meet evolving customer demand with respect to better
efficiency and durability, several rehabilitation equipment manufacturers are
coming up with their technologically advanced offerings.
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“Technological
advancements of rehabilitation equipment such as application of virtual reality
technology, exoskeletons, robots and invent of implantable technologies for
management of pain and increasing number of physiotherapy centers across the
globe is accelerating the rehabilitation equipment demand. Increasing cases of
mental trauma, spinal injuries, depression among other mental health related
diseases require services from rehabilitation centers which is anticipated to
propel the global rehabilitation equipment market growth until 2026” said Mr. Karan Chechi, Research Director
with TechSci Research, a research based global management consulting firm.
“Global Rehabilitation Equipment Market By Product Type (Daily Living
Aid, Mobility Equipment, Walking Assist Devices, Exercise Equipment, Body
Support Devices, Others), By Daily Living Aid (Medical Beds, Bathroom &
Toilet Assist Devices, Reading & Writing Aids, Others), By Mobility
Equipment (Mobility Scooters v/s Wheelchairs), By Walking Assist Devices
(Canes, Crutches, Walkers), By Exercise Equipment (Lower Body, Upper Body, Full
Body) By Body Support Devices (Patient Lifts v/s Slings), By Application
(Physiotherapy v/s Occupational Therapy), By End User (Rehabilitation Center,
Physiotherapy Centers, Hospitals & Clinics, Homecare, Others), By Company,
By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global rehabilitation
equipment market and provided statistics & information on market size, shares,
structure and future market growth. The report intends to provide cutting-edge
market intelligence and help decision makers take sound investment decisions. Besides,
the report also identifies and analyzes the emerging trends along with
essential drivers, challenges, and opportunities in the global rehabilitation
equipment market.
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