Digitized Dissection to Drive the Rehabilitation Equipment Market

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Rehabilitation Equipment Market
Report Id PMRREP19288 Category Life Science
Healthcare
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Digitized Dissection to Drive the Rehabilitation
Equipment Market

• The global rehabilitation equipment market is
  expected to witness sustained growth due to the
  rising incidences of degenerative diseases such
  as Parkinsons, arthritis, etc. and a growing
  number of patients suffering from trauma who need
  rehabilitation therapy. In addition, a growing
  geriatric population is also likely to spur
  market growth during the assessment period. There
  is a pressing need for devices that provide
  assistance to the physically challenged people
  across the globe.
• Moreover, since manufacturers have established
  excellent channels of communication with the
  needy population of such devices, innovation in
  the rehabilitation equipment market has also
  increased to a new level. Also, governments
  across the world are providing support and
  subsidies for rehabilitation equipment which is
  also likely to boost the demand for such kind of
  equipment. Moreover, favorable reimbursement
  policies in the developed markets of the West are
  expected to stimulate market growth as well.
• The global rehabilitation equipment market is
  slated to touch a value of about US 13,400 Mn in
  the year 2022 and grow at a robust CAGR during
  the assessment period.

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4 Forecast Highlights on Global Rehabilitation
Equipment Market

• As per the forecast of Persistence Market
  Research, the mobility equipment product type
  segment is slated to touch a value of more than
  US 3,900 Mn in the year 2022. This represents a
  robust CAGR growth during the assessment period
  of 2017-2022. The mobility equipment product type
  segment is estimated to account for more than
  one-fourth of the revenue share of the product
  type segment by the year 2017 and is forecasted
  to lose market share by 2022 over 2017.
• As per the forecast of Persistence Market
  Research, the rehabilitation centers segment will
  reach a value of about US 3,350 Mn in the year
  2017. This represents a robust CAGR growth during
  the forecast period. The rehabilitation centers
  segment is forecasted to account for nearly
  one-third of the total revenue share of the end
  user segment by the end of the year 2017 and is
  expected to lose in market share by 2022 as
  compared with the year 2017.
• As per the forecast of Persistence Market
  Research, the physiotherapy segment is slated to
  reach a value of more than US 9,800 Mn in 2022.
  The physiotherapy segment is expected to gain
  market share by the end of the year 2022. The
  largest share is contributed by the Europe region
  in the physiotherapy segment.
• Persistence Market Research forecasts the Germany
  rehabilitation equipment market to exhibit a
  compound annual growth rate (CAGR) of nearly 6
  from 2017 to 2022.

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