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The global rehabilitation devices/equipment market size is expected to value at USD 17.5 billion by 2025.
With high-end demand of rehabilitation devices in developing economies to meet healthcare demands is significantly contributing to the growth of the market over the forecast period.
Mobility equipment market is further categorized into wheelchairs and scooters sector, and walking assist devices.Download Free Sample Report @ https://www.millioninsights.com/industry-reports/rehabilitation-devices-equipment-market/request-sampleWalking assist devices are used by patients across the globe due to lower price and ease to use features.
Also, exercise equipment segment is anticipated to display the substantial growth in upcoming years due to increase in the demand for various therapies such as physiotherapy and growing recommendation by physicians for its use in the rehabilitation process.
Increasing number of patient visit to hospitals and therapy centers on daily basis and improved infrastructure associated with rehabilitation centers are some of the key drivers responsible for the sustainable growth of the hospital market segment.Additionally, other factors influencing sustained growth of the hospital market segment are improved feedback mechanism regarding quality of service between hospitals and patients coupled with rise in the awareness programs, subsidies, and reimbursement schemes by local governments.
With latest product launches in the market and aggressive marketing strategies adopted by manufactures are creating necessary awareness among patients about existence of rehabilitation devices and numerous benefits associated with their use, thus fueling expansion of the rehabilitation devices/equipment industry in coming years.
Mobility Aids and Transportation Equipments Market research study published by Profshare Market Research mainly focuses on the Covid 19 pandemic impact on market & its future outlook.
Research study has extensively worked on supply-demand analysis which is important parameter in industry.
Supplier analysis delivers very clear picture supply- demand scenario in the market.Analytical tools used while developing research studies includes SWOT analysis, market sizing, Porter’s 5 Forces model, PESTAL analysis.
Opportunities and threat analysis has gain significant importance in recent years primarily due to dynamic nature of industry.
Environment safety measure is covered in PESTAL analysis that informs clients about environment safety policies practicing by various countries globally.Access sample report @ https://www.profsharemarketresearch.com/inquiry/mobility-aids-and-transportation-equipments-market-report-inquiry/Research study has taken 2018 as base year while market data for 2014-17 is considered as historic data.
Precise analytical use of historic data is significant to calculate forecast value of market.
The global rehabilitation devices/equipment market size is expected to value at USD 17.5 billion by 2025.
Mobility equipment market is further categorized into wheelchairs and scooters sector, and walking assist devices.Walking assist devices are used by patients across the globe due to lower price and ease to use features.
Also, exercise equipment segment is anticipated to display the substantial growth in upcoming years due to increase in the demand for various therapies such as physiotherapy and growing recommendation by physicians for its use in the rehabilitation process.
Increasing number of patient visit to hospitals and therapy centers on daily basis and improved infrastructure associated with rehabilitation centers are some of the key drivers responsible for the sustainable growth of the hospital market segment.Additionally, other factors influencing sustained growth of the hospital market segment are improved feedback mechanism regarding quality of service between hospitals and patients coupled with rise in the awareness programs, subsidies, and reimbursement schemes by local governments.
With latest product launches in the market and aggressive marketing strategies adopted by manufactures are creating necessary awareness among patients about existence of rehabilitation devices and numerous benefits associated with their use, thus fueling expansion of the rehabilitation devices/equipment industry in coming years.
Moreover, numerous initiatives, financing, subsidies, and various schemes adopted by regional governments to promote rehabilitation therapies is propelling the growth of the market.With rising adoption of medical instruments in the developed economies and growing healthcare expenditure are providing significant opportunities for manufacture to acquire maximum profit.
[175 Pages Report] The Global Rehabilitation Equipment Market is projected to reach USD 16.6 billion by 2025 from USD 12.9 billion in 2020, at a CAGR of 5.2%.According to the new market research report “Rehabilitation Equipment Market by Product (Mobility, Cane, Crutches, Walker, Body Support, Lift, Beds, Sling, Exercise, Therapy, Reading, Writing), Application (Physical, OT, Strength) End User (Physiotherapy, Hospital, Clinic) - Global Forecast to 2025”, published by MarketsandMarkets™, the growth of this market is driven by the increasing incidence of chronic diseases and the rising geriatric population.
However, a lack of awareness and access to rehabilitation services in emerging markets is expected to restrain the growth of this market during the forecast period.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=194775519The physical rehabilitation and training segment is expected to grow at the highest CAGR during the forecast periodOn the basis of application, the rehabilitation equipment market is segmented into strength, endurance, and pain reduction; physical rehabilitation and training; and occupational rehabilitation and training.
The high growth of this segment can be attributed to the increasing incidence of sports injuries, degenerative joint disorders, and cerebrovascular diseases.The therapy equipment segment accounted for the largest market share in 2019Based on product, the rehabilitation equipment market is segmented into therapy equipment, daily living aids, mobility equipment, exercise equipment, and body support devices.
The therapy equipment segment accounted for the largest share of the market in 2019.
This segment is also projected to register the highest growth rate during the forecast period.
The growth of this segment is primarily attributed to the increasing incidence of various injuries and chronic conditions.Recent Developments in Industry:In January 2020, Medline Industries, Inc. (US) acquired Médi-Sélect (Canada), a medical and dental supplies distributor, to expand its geographical presence and position in the Quebec market.In November 2019, GF Health Products, Inc. (US) launched the Lumex Clinical Care Recliner.In January 2018, GF Health Products, Inc. (US) acquired Intensa, Inc. (US) This acquisition allowed GF Heath Products to expand its existing product portfolio in medical/laboratory seating, casework, furniture, and equipment.Request Research Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=194775519Which geographical region is dominating the market?The global rehabilitation equipment market is segmented into North America, Europe, Asia Pacific, and RoW.
The latest industry intelligence report on the Personal Mobility Devices market performs a cautious examination of the current business environment and competitive landscape of the Personal Mobility Devices market for the forecast period, 2019 - 2026.
Deep dive into an array of elements including but not limited to the value proposition, product positioning, and targeting and industry segmentation have been described through resources such as charts, tables, and info graphics.Market Size – USD 7400.7 Million in 2018, Market Growth - CAGR of 6.7 %, Market Trends – Increasing technological advancements and awareness regarding mobility devicesGet Free Sample PDF of Market report at@ https://www.reportsanddata.com/sample-enquiry-form/2279Key participants include TOPRO, Carex Health Brand Incorporation, Drive Medical Design & Manufacturing, Invacare, Sunrise Medical, Pride Mobility, Kaye Products, Electric Mobility, Briggs Healthcare, and Patterson Medical among others, that collectively constitute a competitive marketScope of the Report:Based on the types, the Personal Mobility Devices market has been further classified based on geography, application and consumption capability.
The different facets of the business based on parameters including new launches, acquisition and mergers and new entrants are discussed extensively during the study.Analysing the business environment Industry experts have focused on various economic problems.
This report also consists of a long –horizon descriptive evaluation of major trends, including the historical data.
Primary and secondary research techniques are applied to analyse the role of demand and supply, concluding that the exogenous elements interpreted most of what had taken place before any transition, while the shift itself was steered by various demand shocks.Segmentation:This report forecasts revenue growth at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2016 to 2026.
For the purpose of this study, Reports and Data have segmented the Personal Mobility Devices market on the basis of product type, end use and region:Product Type Outlook (Revenue in Million USD; 2016–2026)Wheel chairsScootersHand BikesWalking aids (Electric handbikes, Manual handbikes, Hybrid handbikes)Stair liftsPower Addon productsOther walking aids (Canes, Crutches, Walkers)Medical Furniture and Bathroom Safety Products (Revenue in Million USD; 2016–2026)Patient LiftsStair LiftsMedical BedsBars and RailingsCommodes and ShowersFor Further Details about this Market Visit The Press Release@ https://www.reportsanddata.com/press-release/personal-mobility-devices-marketEnd Use Outlook (Revenue in Million USD; 2016–2026)Hospitals and ClinicsAmbulatory Surgical CentersUrgent Care CenterHome Care settingOthersRegional Outlook (Revenue in Million USD; 2016–2026)North AmericaEuropeAsia PacificMiddle East & AfricaLatin AmericaDemographic market assessment The main aim of the demographic market assessment here is to analyse the market potential.
