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26-May-2023

Rehabilitation Equipment Market: Rising Range of Applications Propelling Industry at A CAGR of 7.7%

Rehabilitation equipment refers to a wide range of devices and tools designed to assist individuals in their recovery and rehabilitation process after an injury, surgery, or medical condition. This equipment is used to improve physical function, mobility, strength, and overall quality of life for patients undergoing rehabilitation. The global Rehabilitation Equipment Market Size was valued at $19,506.10 million in 2021 and is estimated to reach $41,293.28 million by 2031, growing at a CAGR of 7.7% from 2022 to 2031.

HIV Drugs Market in Short:

CAGR: 7.7%
Current Market Size: USD 41,293.28 Million
Fastest Growing Region: APAC
Largest Market: North America
Projection Time: 2022-2031
Base Year: 2022

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Q1. Which are the top companies to hold the market share in Rehabilitation Equipment?

Medline Industries Inc., Invacare Corporation, Ekso Bionics, GF Health Products, Inc., Caremax Rehabilitation Equipment Co. Ltd, and Baxter International Inc are the top companies to hold the market share in Rehabilitation Equipment.

Q2. Does the Rehabilitation Equipment Market report provide a competitive landscape?

A. Yes, the Rehabilitation Equipment Market report includes a competitive landscape.

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There are various types of rehabilitation equipment available, tailored to specific needs and goals. Examples include:

  1. Mobility Aids: These include wheelchairs, walkers, crutches, and canes, which help individuals with impaired mobility regain their independence and navigate their surroundings safely.
  2. Exercise and Therapy Equipment: These devices are designed to facilitate physical therapy and exercise routines. They may include resistance bands, exercise balls, balance boards, and range of motion equipment. These aids help patients regain strength, improve flexibility, and enhance motor skills.
  3. Assistive Devices: This equipment assist individuals in performing daily activities. Examples include grab bars, shower chairs, and adaptive utensils, which aid in tasks such as bathing, dressing, and eating.

Major Key Market Players in the Industry –

  • GF Health Products, Inc.,
  • ReWalk Robotics Ltd.,
  • Medical Depot, Inc.,
  • Roma Medical,
  • Hospital Equipment Mfg. Co.,
  • Medline Industries, LP,
  • Baxter International Inc.,
  • Caremax Rehabilitation Equipment Co. Ltd,
  • Invacare Corporation,
  • Ekso Bionics

Market: By Region Outlook

  • North America (U.S., Canada, Mexico)
  • Europe (UK, Germany, France, Spain, Italy, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)
  • LAMEA (Brazil, South Africa, Turkey, Saudi Arabia, Rest of LAMEA)

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Important Questions Being Answered by This Market Report Are –

Q1. What are the upcoming trends of the Rehabilitation Equipment Market in the world?

Q2. What is the market value of the Rehabilitation Equipment Market report in 2031?

Q3. Which is the largest regional market for Rehabilitation Equipment?

Q4. How many Rehabilitation Equipment Market companies are profiled in the report?

Key findings of the study –

  • The mobility aid segment generated the highest revenue in 2021 and is projected to grow at a CAGR of 8.1% during the forecast period.
  • The physiotherapy segment dominated the global rehabilitation equipment applications market accounting for nearly 48.0% of the market share in 2021.
  • Region-wise, Asia-Pacific is expected to experience a growth at the highest rate, registering a CAGR of 8.7% during the forecast period.

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Last Updated: 26-May-2023