Global Rehabilitation Equipment Market to Grow at a CAGR of 5.9% to reach USD 19.8 billion from 2022 to 2027

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Rehabilitation Equipment Market
MARKET OPPORTUNITY OVER NEXT 5 YEARS
by TYPE
KEY MARKET PLAYERS
CAGR of
2022 2027

• Baxter International (US)
• Invacare Corporation (US)
• Medline Industries, LP (US)
• Arjo (Sweden)
• Colfax Corp. (US)
• Dynatronics Corp. (US)
• Handicare Group AB (Sweden)

CAGR

• Therapy Equipment
• Daily Living Aids
• Mobility Equipment
• Exercise Equipment
• Body Support Devices

By Application

• BY REGION
• North America
• Europe
• Asia Pacific
• Rest of the World

• Physical Rehabilitation Training
• Stregth, Endurance, and Pain Reduction
• Occupational Rehabilitation Training

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The Global Rehabilitation Equipment Market is
projected to reach USD 19.8 billion by 2027 from
USD 14.9 billion in 2022, at a CAGR of 5.9
during the forecast period. The growth of this
market is primarily driven by the increasing
prevalence of chronic diseases such as arthritis
and cancer, requiring rehabilitation therapies,
high risk of injuries to caregivers during the
manual handling of patients, rising geriatric and
obese populations, and increasing demand for
rehabilitation therapies owing to increasing
access to healthcare. However, reimbursement
issues and persistent difficulties in handling
bariatric patients are some of the key challenges
in the market. Download PDF Brochure
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asp?id194775519 Leading Players Baxter
International (US), Invacare Corporation (US),
Medline Industries, LP (US), Arjo (Sweden),
Colfax Corp. (US), Dynatronics Corp. (US),
Handicare Group AB (Sweden), Drive DeVilbiss
International (Germany), Etac AB (Sweden), GF
Health Products Inc. (US), Joerns Healthcare LLC
(US), Prism Medical UK Ltd. (UK), Guldmann
(Denmark)
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By Product, therapy equipment was the largest and
fastest-growing segment in the rehabilitation
equipment market in 2021. Based on product, the
rehabilitation equipment market is segmented into
therapy equipment, daily living aids, mobility
equipment, exercise equipment, and body support
devices. In 2021, the therapy equipment segment
accounted for the largest share of the
rehabilitation equipment market. The large share
of this segment can primarily be attributed to
the increasing incidence of injuries chronic
conditions and the rising demand for
rehabilitation therapies in the geriatric age
group. Physical rehabilitation and training
segment is the largest application segment in the
rehabilitation equipment market in 2021 Based on
application, the rehabilitation equipment market
is segmented into physical rehabilitation
training strength, endurance, and pain
reduction and occupational rehabilitation
training. In 2021, the physical rehabilitation
training segment accounted for the largest share
of the rehabilitation equipment market. Increase
in incidence of sports injuries, cerebrovascular
diseases, and degenerative joint disorders are
driving the growth of the segment. Get Sample
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ampleNew.asp?id194775519
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Hospitals and clinics segment is the largest end
user segment in the rehabilitation equipment
market in 2021 Based on end users, the
rehabilitation equipment market is segmented into
hospitals clinics, rehabilitation centers,
physiotherapy centers, home care settings, and
other end users. In 2021, the hospitals and
clinics segment accounted for the largest share
of the rehabilitation equipment market. This can
be attributed to the supportive reimbursement
policies for hospital treatment and the large
volume of patients undergoing treatments for
various health conditions requiring
rehabilitative care. Europe to witness the
highest growth rate during the forecast
period Europe accounted for the largest share of
the global rehabilitation equipment market. The
large share of this regional segment is
attributed to the growing number of government
and non-government initiatives regarding the
adoption of safe rehabilitation equipment and the
presence of a large number of rehabilitation
equipment manufacturers in Europe. The Asia
Pacific market is projected to register the
highest CAGR during the forecast period. Market
growth in the Asia Pacific is attributed to the
growing number of healthcare facilities in Asian
countries and rising awareness towards
rehabilitative care. Buy Now https//www.market
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194775519
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