Top Trends In Global Rehabilitation Equipment Market

Global Rehabilitation Equipment Market accounted to USD 9.68 billion in 2016 at a CAGR of 8.9%
 
PUNE, India - Oct. 6, 2017 - PRLog -- According to Data Bridge Market Research new Market report "Global Rehabilitation Equipment Market, By Type{Mobility (Wheelchair, Assist Device), Body Support (Lift, Sling), Exercise (Upper, Lower Body), Living Aids (Reading, Writing)}; Application (Physiotherapy, OT); End User (Hospital, Clinic, Home Care); Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Trends and Forecast to 2024", the global rehabilitation equipment market accounted to USD 9.68 billion in 2016 at a CAGR of 8.9% during the forecast period of 2017 to 2024.

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Key Market points:
Factors such as increase in non-communicable diseases (cardiovascular diseases, cancer and diabetes) leads to disabilities to the patients and increase in geriatric population along with different diseases will lead the demand for this market. According to World Health Organization, in 2015, due to the non-communicable diseases 17 million premature deaths took place under the age of 70 amongst which 82 percent were in low- and middle-income countries and 37 percent were caused by  CVDs. Globally chronic disease has became the second leading cause of death, responsible for 8.8 million deaths nearly 1 in 6 deaths due to cancer in 2015.

Due to favorable healthcare reforms and more technological advancements in order to fulfill the need of geriatric as well as physically challenged population is increasing the purchasing power and also emerging the need of rehabilitation equipment amongst them.

North America holds the largest market for rehabilitation equipment due to factors such changing lifestyles, various government initiatives, and large number of manufacturers present in the market.

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Global Rehabilitation Equipment Market – Market Segmentation:
The global rehabilitation equipment market is segmented on the basis of type, application and end user.

·         Type

o    Mobility

§  Wheelchair

§  Assist Device

o    Body Support

§  Lift

§  Sling

o    Exercise

§  Upper Body

§  Lower Body

o    Living Aids

§  Reading

§  Writing

·         Application

o    Physiotherapy

o    OT

·         End User

o    Hospital

o    Clinic

o    Home Care

Global Rehabilitation Equipment Market – Geographical Segmentation:
·         North America

·         South America

·         Europe

·         Asia-Pacific

·         Middle East and Africa

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Global Rehabilitation Equipment Market – Competitive Landscape:
The global rehabilitation equipment in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their position in the market. The report also covers the market shares for global, North America, Europe, Asia-Pacific, Middle East and Africa and South America rehabilitation equipment market.

Some of the major players of the global rehabilitation equipment market are Invacare Corporation, Amigo Mobility International, Inc., Drive DeVilbiss Healthcare LLC, Argo Medical , Medline Industries, Inc., Dynatronics Corporation , Roma Medical, Access Rehabilitation Group, GF HEALTH PRODUCTS, INC.,Stryker, Changzhou Qian Jing Rehabilitation equipment  Co., Ltd., Carex Health Brands Inc., Medline Industries, Inc., Invacare Corporation, Caremax Rehabilitation Equipment Co. Ltd., Hospital Equipment Manufacturing Company (HEMC)  among others.

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