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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