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Health Business news
2017-10-11
Rehabilitation Devices/Equipment Market Worth $17.5 Billion by 2025: Grand View Research, Inc.

Rehabilitation Devices/Equipment Market Worth $17.5 Billion by 2025: Grand View Research, Inc.



SAN FRANCISCO, October 11, 2017 /PRNewswire/ --

The global rehabilitation devices/equipment market is expected to reach USD 17.5 billion by 2025, according to a new report by Grand View Research, Inc. Global increase in prevalence of degenerative diseases and number of trauma cases has led to a rise in number of patients in need of rehabilitation, which is anticipated to boost growth over the forecast period. 

     (Logo: http://photos.prnewswire.com/prnh/20160524/371361LOGO ) Growing demand for rehabilitation devices in emerging economies is expected to boost the market in regions such as Asia Pacific and Latin America. Strengthened communication between manufacturers and customers due to various strategies employed by manufacturers, government awareness programs, subsidies, and reimbursement programs are few factors anticipated to promote growth.

Mobility equipment was the largest product category in 2016 and is expected to maintain its dominance during the forecast period. This segment held a share of nearly 37.1% in 2016. Exercise equipment segment is expected to witness the strongest growth over the forecast period owing to rise in number of physicians practicing physiotherapy and increase in adoption of physiotherapy in the rehabilitation process.

On the basis of end-use, the hospitals segment held a revenue share of nearly 33.1% in 2016 and is expected to be dominant during the forecast period. Large patient pool of hospitals and rapidly improving rehabilitation centers are amongst key factors attributing to the growth of this segment. Home care settings segment is expected to witness the fastest growth over the forecast period with a CAGR of around 7.4%. Economic benefits of home care over hospitals are primary causes of the anticipated growth. On the basis of geography, North America and Europe accounted for the largest share in 2015, whereas, the Asia Pacific market is expected to grow at a CAGR 8.2% between 2017 and 2025.

Browse full research report with TOC on "Rehabilitation Devices/Equipment Market Analysis By Product Type, (Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices), By Application, By End-use, By Region, And Segment Forecasts, 2014 - 2025" at: http://www.grandviewresearch.com/industry-analysis/rehabilitation-products-market

Further Key Findings From the Report Suggest:  The global rehabilitation devices market size was valued at USD 10.5 billion in 2016 and is expected to grow at a CAGR of 6.0% from 2017 to 2025

Mobility equipment was the largest product type segment in 2016 and is estimated to generate revenue over USD 6.7 billion by 2025

On the basis of end-use, the market size of hospital segment was valued at USD 3.5 billion in 2016 and is anticipated to witness high growth over the next nine years

The U.S. rehabilitation devices market size was valued at USD 2.9 billion in 2016 and is estimated to reach USD 4.4 billion by 2025

The rehabilitation equipment market in Asia Pacific is anticipated to witness substantial growth over the next decade owing to various developments taking place in major economies such as China, Japan, and India. The regional market is expected to grow at a CAGR of 8.2% from 2017 to 2025

Some players in rehabilitation devices market are Invacare Corporation; Medline Industries, Inc.; Dynatronics Corporation; Drive Devilbiss Healthcare; Esko Bionics; Caremax Rehabilitation Equipment Ltd.; GF Health Products, Inc.; Hospital Equipment Mfg. Co.; Maddak, Inc.; and India Medico Instruments
Browse related reports by Grand View Research:  Medical Bionic Implants Market - http://www.grandviewresearch.com/industry-analysis/medical-bionic-implants-market
Spinal Implants and Surgical Devices Market - http://www.grandviewresearch.com/industry-analysis/spinal-implants-and-surgical-devices-market
Autologous Stem Cell and Non-Stem Cell Based Therapies Market - http://www.grandviewresearch.com/industry-analysis/autologous-stem-cell-and-non-stem-cell-based-therapies-market
Surgical Navigation Systems Market - http://www.grandviewresearch.com/industry-analysis/surgical-navigation-systems-market
Grand View Research has segmented the global rehabilitation devices/equipment market on the basis of product, application, end use and region:  Product Outlook (Revenue, USD Million, 2014 - 2025) Daily Living Aids Medical Beds

Bathroom & Toilet Assist Devices

Reading Writing & Computer Aids
Mobility Equipment Wheelchairs & Scooters

Walking Assist Devices
Exercise Equipment Lower Body Exercise Equipment

Upper Body Exercise Equipment
Body Support Devices Patient Lifts

Medical Lifting Slings Application Outlook (Revenue, USD Million, 2014 - 2025) Physiotherapy

Occupational Therapy
End Use Outlook (Revenue, USD Million, 2014 - 2025) Hospitals & Clinics

Rehab Centers

Home Care Settings

Physiotherapy Centers
Regional Outlook (Revenue, USD Million, 2014 - 2025) North America U.S.

Canada
Europe Germany

U.K.
Asia Pacific China

Japan
Latin America Brazil

Mexico
Middle East & Africa South Africa

Read Our Blog By Grand View Research: http://www.grandviewresearch.com/blogs/healthcare

About Grand View Research 

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare. Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: +1-415-349-0058
Toll Free: 1-888-202-9519
Email: sales@grandviewresearch.com Web: http://www.grandviewresearch.com



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