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Rehabilitation Equipment Market 2021 Is Booming Across the Globe by Top Players – Hill-Rom Services Inc. (US), Dynatronics Corporation (US), Drive DeVilbiss Healthcare (US), DJO Global, Inc. (US)

Based on product, the rehabilitation equipment market is segmented into therapy equipment, daily living aids, mobility equipment, exercise equipment, and body support devices. In 2019, the therapy equipment segment accounted for the largest share of the rehabilitation equipment market. 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.

The global rehabilitation equipment market is projected to grow at a CAGR of 5.2% during the forecast period.”

The 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%. The growth in this market is primarily driven by the increasing incidence of chronic diseases and the rising geriatric population. In addition, emerging markets such as China and India are expected to offer significant growth opportunities for players in the rehabilitation equipment market during the forecast period. However, a lack of awareness and access to rehabilitation services in emerging markets is expected to restrain the market growth.

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List of companies profiled in this report

  • Invacare Corporation (US)
  • Medline Industries, Inc. (US)
  • Hill-Rom Services Inc. (US)
  • Dynatronics Corporation (US)
  • Drive DeVilbiss Healthcare (US)
  • DJO Global, Inc. (US)
  • Carex Health Brands, Inc. (US)
  • Roma Medical (UK)
  • Caremax Rehabilitation Equipment Co., Ltd. (China)
  • GF Health Products, Inc. (US)
  • Etac AB (Sweden)
  • Joerns Healthcare (US)
  • Prism Medical UK (UK)
  • EZ Way, Inc. (US)
  • TecnoBody (Italy)
  • Proxomed (Germany)
  • Handicare (Sweden)
  • Sunrise Medical (Germany)
  • Enraf-Nonius (Netherlands)
  • Antano Group (Italy)

“The therapy equipment segment accounted for the largest share of the rehabilitation equipment market, by product, in 2019.”

“Physical rehabilitation and training is the largest application segment of the rehabilitation equipment market in 2019.”

On 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 physical rehabilitation and training segment accounted for the largest market share in 2019. The large share of this segment can be attributed to the increasing incidence of sports injuries, degenerative joint disorders, and cerebrovascular diseases.

“Asia Pacific to witness the highest growth during the forecast period.”

The rehabilitation equipment market, by region, is segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2019, Europe accounted for the largest market share, followed by North America. Factors such as supportive government initiatives for safe patient handling, rising geriatric population, and the high burden of chronic conditions are driving the growth of the European rehabilitation equipment market. The Asia Pacific market, on the other hand, is projected to register the highest CAGR during the forecast period. This can be attributed to the growing prevalence of chronic conditions, increasing venture capital investments, availability of technologically advanced products, and strategic expansion of market players in this region.

The primary interviews conducted for this report can be categorized as follows:

  • By Company Type: Tier 1: 50%, Tier 2: 30%, and Tier 3: 20%
  • By Designation: C-level: 37%, D-level: 29%, and Others: 34%
  • By Region: North America: 37%, Europe: 22%,Asia Pacific: 32%, and the RoW: 9%

Research Coverage:

The report provides an overview of the rehabilitation equipment market. It aims at estimating the market size and growth potential of this market across different segments such as product, application, end user, and region.The report also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants in the rehabilitation equipment market by providing them with the closest approximations of revenues for the overall market and its sub segments. This report will help stakeholders to understand the competitive landscape better and gain insights to position their businesses and help companies adopt suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provide them with information regarding key market drivers and opportunities.

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Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Years Considered for the Study
1.3 Currency
1.4 Limitations
1.5 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Research Methodology Steps
2.2.1 Secondary Data
2.2.1.1 Secondary Sources
2.2.2 Primary Data
2.2.3 Market Size Estimation Methodology
2.2.4 Market Size Estimation: Approach 1 (Revenue-Based Estimation)
2.3 Market Growth Rate Projections
2.3.1 Market Breakdown & Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Market Overview
4.2 Rehabilitation Equipment Market, By End User, 2020–2025
4.3 Daily Living Aids Market Share, By Type & Region (2019)
4.4 Market: Geographic Growth Opportunities

5 Market Overview
5.1 Introduction
5.1.1 Market Drivers
5.1.1.1 Increasing Incidence of Chronic Diseases
5.1.1.2 Rising Geriatric Population
5.1.2 Market Restraints
5.1.2.1 Lack of Awareness and Access to Rehabilitation Services in Emerging Markets
5.1.3 Opportunities
5.1.3.1 Growth Potential in Emerging Countries
5.1.4 Challenges
5.1.4.1 Reimbursement Issues

6 Rehabilitation Equipment Market, By Product
6.1 Introduction
6.2 Therapy Equipment
6.2.1 Therapy Equipment Accounted for the Largest Share of the Market, By Product
6.3 Daily Living Aids
6.3.1 Medical Beds
6.3.1.1 Technological Advancements are Supporting the Growth of This Segment
6.3.2 Bathroom & Toilet Assist Devices
6.3.2.1 Bathroom & Toilet Assist Devices is the Fastest-Growing Segment of the Daily Living Aids Market
6.3.3 Reading, Writing, & Computing Aids
6.3.3.1 Reading, Writing, and Computing Aids are Widely Used in Home Care and Hospital Settings
6.3.4 Other Daily Living Aids
6.4 Mobility Equipment
6.4.1 Wheelchairs & Scoters
6.4.1.1 Power Wheelchairs
6.4.1.1.1 Increased Preference for Power Wheelchairs as They are Automatic and User-Friendly to Support Market Growth
6.4.1.2 Mobility Scooters
6.4.1.2.1 Mobility Scooters Help Users to Travel Across Long Distances
6.4.1.3 Manual Wheelchairs
6.4.1.3.1 Manual Wheelchairs are Affordable & Cost Less Than Power Wheelchairs
6.4.2 Walking Assist Devices
6.4.2.1 Walkers
6.4.2.1.1 Walker are Used By the Disabled & Elderly for Additional Support While Walking
6.4.2.2 Crutches
6.4.2.2.1 Axilla Crutches are the Most Preferred as They are Easy-To-Use and are Often Used By People Who Have A Temporary Injury
6.4.2.3 Canes
6.4.2.3.1 Canes are the Most Common Assistive Devices
6.5 Exercise Equipment
6.5.1 Lower Body Exercise Equipment
6.5.1.1 Lower Body Exercise Equipment is the Largest & Fastest-Growing Segment of the Exercise Equipment Market
6.5.2 Upper Body Exercise Equipment
6.5.2.1 Increasing Incidence of Orthopedic Conditions is Driving Market Growth
6.5.3 Full Body Exercise Equipment
6.5.3.1 Full Body Exercise Equipment are Used for Spine Rehabilitation, Body Balance, and Posture Rehabilitation
6.6 Body Support Devices
6.6.1 Patient Lifts
6.6.1.1 Growing Number of Surgical Procedures has Increased the Demand for Patient Lifts
6.6.2 Slings
6.6.2.1 Government Policies Promoting the Use of Medical Slings is Supporting the Growth of This Segment
6.6.3 Other Body Support Devices

7 Rehabilitation Equipment Market, By Application
7.1 Introduction
7.2 Physical Rehabilitation & Training
7.2.1 Physical Rehabilitation & Training is the Largest Application Segment of Rehabilitation Equipment
7.3 Strength, Endurance, & Pain Reduction
7.3.1 This Rehabilitation Program Focuses on Exercise in Order to Help Patients Gain Strength, Endurance, and Flexibility
7.4 Occupational Rehabilitation & Training
7.4.1 Growing Number of Disabled Individuals is Driving the Demand for Occupational Rehabilitation

8 Rehabilitation Equipment Market, By End User
8.1 Introduction
8.2 Hospitals & Clinics
8.2.1 Hospitals & Clinics are the Largest End Users of Rehabilitation Equipment
8.3 Rehabilitation Centers
8.3.1 Increasing Incidence of Disabilities to Support the Growth of This End-User Segment
8.4 Home Care Settings
8.4.1 Rising Demand for Home Care to Drive the Growth of This End-User Segment
8.5 Physiotherapy Centers
8.5.1 Rising Incidence of Sports Injuries to Support the Growth of This End-User Segment
8.6 Other End Users

9 Rehabilitation Equipment Market, By Region
9.1 Introduction
9.2 Europe
9.2.1 Germany
9.2.1.1 Germany Accounted for the Largest Share of the European Rehabilitation Equipment Market in 2019
9.2.2 UK
9.2.2.1 Wide Acceptance of the ‘No-Lift’ Approach has Increased the Adoption of Rehabilitation Equipment
9.2.3 France
9.2.3.1 Growing Healthcare Expenditure and Favorable Reimbursement Scenario to Support Market Growth in France
9.2.4 Italy
9.2.4.1 Increasing Incidence of Fall Injuries & Orthopedic Disorders to Support Market Growth
9.2.5 Spain
9.2.5.1 Increasing Life Expectancy has Driven the Adoption of Rehabilitation Equipment in Spain
9.2.6 RoE
9.3 North America
9.3.1 US
9.3.1.1 Rising Prevalence of Obesity is Driving Market Growth in the US
9.3.2 Canada
9.3.2.1 Growing Number of People Suffering From Disabilities to Propel Market Growth
9.4 Asia Pacific
9.4.1 Japan
9.4.1.1 Large Geriatric Population in Japan—A Key Driver for Market Growth
9.4.2 China
9.4.2.1 China is the Fastest-Growing Market for Rehabilitation Equipment in the APAC
9.4.3 India
9.4.3.1 Increasing Incidence of Musculoskeletal Disorders to Drive the Demand for Rehabilitation Equipment in India
9.4.4 RoAPAC
9.5 RoW

10 Competitive Landscape
10.1 Overview
10.2 Market Ranking Analysis, 2019
10.3 Competitive Leadership Mapping
10.3.1 Visionary Leaders
10.3.2 Dynamic Differentiators
10.3.3 Innovators
10.3.4 Emerging Companies
10.4 Competitive Situation and Trends
10.4.1 Product Launches
10.4.2 Expansions
10.4.3 Acquisitions
10.4.4 Partnerships & Agreements

11 Company Profiles
11.1 Invacare Corporation
11.2 Hill-Rom Services Inc.
11.3 Medline Industries, Inc.
11.4 Dynatronics Corporation
11.5 DJO Global, Inc.
11.6 Drive Devilbiss Healthcare
11.7 Carex Health Brands, Inc. (A Subsidiary of Compass Health Brands)
11.8 Roma Medical
11.9 Caremax Rehabilitation Equipment Co., Ltd.
11.1 GF Health Products, Inc.
11.11 Etac AB
11.12 Joerns Healthcare
11.13 Prism Medical UK
11.14 EZ Way, Inc.
11.15 Antano Group
11.16 Other Key Players
11.16.1 Tecnobody
11.16.2 Proxomed
11.16.3 Handicare
11.16.4 Sunrise Medical
11.16.5 Enraf-Nonius

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Available Customizations
12.4 Related Reports
12.5 Author Details

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