The global rehabilitation equipment market is anticipated to grow at a considerable CAGR of 8.2% during the forecast period (2023-2030). The need for rehabilitation equipment has grown as the prevalence of musculoskeletal conditions including osteoarthritis, osteoporosis, and others has surged. Rehabilitation equipment help people restore mobility and improve the quality of their life. The CDC estimates that 32.5 million adults in the US alone suffer from osteoarthritis. Ageing population is highly prone to have several diseases requiring personal mobility aid, which will further result in the adoption of devices such as walking assist devices. Currently, smart walking assistive devices are gaining popularity and latest product comes with more comfort and free operating. For instance, in April 2021, Panasonic Corporation has developed a mass production model of its Walk Training Robot that is designed to provide safe and efficient walk training for elderly citizens with apprehensions about walking because of physical depression and experience of falling. The company will begin offering a service using this robot to care facilities, hospitals, and other institutions this month. Further in March 2020, Invacare Corporation announced the launch of the Invacare AVIVA FX Power Wheelchair, setting a new standard for the front-wheel drive power mobility market.
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Individuals suffering from neurological disorders may experience difficulties due to impairments in their arms, walking and balance may become difficult due to abnormalities in their lower extremities. VR therapy has the potential to be a fun and useful tool for enhancing balance and upper- or lower-extremity coordination during physical therapy. Neurological diagnoses that may benefit from the use of virtual reality in physical therapy may include Parkinson’s disease, multiple sclerosis, stroke and cervical myelopathy. Technological advancements, such as the development of virtual reality, and implantable technologies for pain management, are significant drivers of rehabilitation equipment in physiotherapy. For instance, In November, 2022, Penumbra, Inc., announced the launch of its REAL y-Series, first full body, and non-tethered immersive healthcare offering for rehabilitation. Company’s REAL Immersive System platform comprises two product solutions REAL y-Series for clinical rehabilitation and REAL i-Series for wellness. The REAL y-Series product uses upper and lower body sensors that allow clinicians to track full body movement and progress in real time.
Market Coverage
- The market number available for – 2022-2030
- Base year- 2022
- Forecast period- 2023-2030
- Segment Covered-
o By Product Type
o By Application
o By End User
- Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
- Competitive Landscape- includes Medline Industries, Inc., Dynatronics Corporation, and Invacare Corporation, and others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- Who is the leader in the market?
- How are players addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Rehabilitation Equipment Market Report Segment
By Product Type
- Daily Living Aids
- Medical Beds
- Bathroom and Toilet Assist Devices
- Reading Writing and Computer Aids
- Others
- Exercise Equipment
- Upper Body Exercise Equipment
- Lower Body Exercise Equipment
- Body Support Devices
- Patient Lifts
- Medical Lifting Slings
- Mobility Equipment
- Walking Assist Devices
- Wheelchairs and Scooters
By Application
- Physiotherapy
- Occupational Therapy
By End User
- Hospital and Clinics
- Rehab Centers
- Home Care Settings
- Physiotherapy Centers
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Global Rehabilitation Equipment Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
Company Profiles
- Caremax Rehabilitation Equipment Co.,Ltd
- Drive Devilbiss Healthcare
- Ekso Bionics
- Ekso Bionics
- GF Health Products, Inc
- Hill-Rom Holdings, Inc
- Hospital Equipment Mfg. Co
- India Medico Instruments
- Maddak, Inc.
- Marsi Bionics SL
- MobilityHQ
- Panasonic Corporation
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