Rehabilitation Equipment Market Product Driving Factors, Capacity and Growth Rate Analysis to 2023

Posted on 2020-06-29 by researchinsights in Healthcare // 0 Comments

29th June 2020 – The worldwide Rehabilitation Equipment Market is anticipated to exhibit a healthy CAGR during the forecast period. Rehabilitation implies treatment such that the patient gets restored to normal condition by counseling and therapy. Rehabilitation is needed for the ones affected by depression, chronic diseases (which may take a toll on mental health), sports injuries (which may act as mental block for sportspersons later), and other instances beyond explanation.

Aged population and increase in chronic diseases, rising sports injuries, and positive government healthcare reforms are anticipated to drive the growth in future. The other driving factors include an increase in disabilities owing to non-communicable diseases, and surge in the disabled population. However, high maintenance cost of equipment and lack of standard pricing are likely to hamper the rehabilitation equipment market in the forecast period.

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In December 2016, Medline partnered with ViaQuest, Inc. (U.S.) to deliver ViaQuest Home Health and Hospice patient supplies across Ohio, Pennsylvania, and Indiana. Drive DeVilbiss Healthcare acquired Sidhil Group Limited (England), a foremost provider to acute care, long-term care and home care settings, in Jan 2017. This will upsurge while adding the major manufacturing expertise to the European platform.

In February 2017, Invacare upgraded the K series of their pioneering brand “Küschall”. Küschall Champion SK is a smart, lightweight, and sleek folding wheelchair. North America is one of the prominent regions and will continue to account for a large share in the rehabilitation equipment throughout the forecast period, owing to growth in aged population, increasing preference for an independent lifestyle, and increased government support and reimbursement facilities.

Key Players Analysis covered in these report

Tecnobody
Proxomed
Hocoma
Ergoline
BTE
Biodex
Motomed
Novotec Medical
Physiomed
CDM Sport
Qianjing
Zhenzhou YouDe
Hailan
SFRobot
Xiangyu Medical

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Rehabilitation Equipment in these regions, from 2012 to 2023 (forecast), covering

North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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