Rehabilitation Equipment Market Size (2024 - 2029)

The rehabilitation equipment market is projected to experience growth over the forecast period, driven by an increasing need for rehabilitation services, particularly following the COVID-19 pandemic. The reopening of rehabilitation centers and the rising patient inflow have further fueled this demand. Key factors contributing to the market's expansion include the growing prevalence of chronic and non-communicable diseases, which necessitate rehabilitation therapies, and the introduction of new rehabilitation products. Additionally, the demand for assisted devices among the handicapped population and heightened awareness of available rehabilitation solutions are expected to support the market's growth trajectory.

Market Size of Rehabilitation Equipment Industry

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Rehabilitation Equipment Market Summary
Study Period 2021 - 2029
Market Size (2024) USD 14.94 Billion
Market Size (2029) USD 18.99 Billion
CAGR (2024 - 2029) 4.92 %
Fastest Growing Market Asia-Pacific
Largest Market North America

Major Players

Rehabilitation Equipment Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Rehabilitation Equipment Market Analysis

The Rehabilitation Equipment Market size is estimated at USD 14.94 billion in 2024, and is expected to reach USD 18.99 billion by 2029, growing at a CAGR of 4.92% during the forecast period (2024-2029).

COVID-19 had a significant impact on the growth of the market. The increased need for rehabilitation services after the COVID-19 recovery drove the demand for the market's growth. For instance, as per the NCBI article published in July 2020, after severe COVID-19 disease, many patients will experience various problems with normal functioning and require rehabilitation services to overcome these problems. However, the relaxation of the COVID-19 lockdown restrictions resulted in the reopening of rehabilitation centers and a rise in patient inflow, thereby driving the demand for the rehabilitation market. This is expected to contribute to the market's growth in the post-pandemic period.

Some of the factors driving the market growth include the increasing incidence of chronic diseases, rising demand for rehabilitation therapies due to the growing prevalence of non-communicable diseases, and favorable reimbursement initiatives. Increasing incidences of arthritis and Parkinson's in the aging population and the growing number of trauma patients fuel the market's growth.

As per World Health Organization 2021, each year, non-communicable diseases affect around 41 million people representing 71% of deaths globally. This will create the demand for the rest of the population with non-communicable conditions to opt for rehabilitation centers to get them diagnosed and further promote the overall market's growth. Moreover, the high demand for assisted devices in the handicapped population and growing awareness about newly available products also fuel the rehabilitation equipment market. For instance, in November 2021, Philips Foundation partnered with Singapore Heart Foundation to address the lack of patient participation in rehabilitation programs and medication adherence. In February 2021, Rehabs Near Me launched a 24*7 service to assist people in the United States looking for rehab centers. Thus, it is evident that the companies are continuously launching products associated with rehabilitation equipment and creating awareness further drives the overall market growth.

Thus, the increasing incidence of chronic diseases, rising demand for rehabilitation therapies, and increasing launches of rehabilitation equipment are expected to contribute to the market's growth over the forecast period.

Rehabilitation Equipment Industry Segmentation

As per the scope, rehabilitation equipment is used to assist in the process of rehabilitating patients. 

The Rehabilitation Equipment Market is Segmented By Product Type (Daily Living Aids (Medical Beds, Bathroom and Toilet Assist Devices, Reading, Writing and Computer Aids, and Other Daily Living Aids), Exercise Equipment (Upper Body Exercise Equipment and Lower Body Exercise Equipment), Body Support Devices(Patient Lifts and Medical Lifting Slings), and Mobility Equipment (Walking Assist Devices and Wheelchairs and Scooters)), Application (Physiotherapy, Occupational Therapy, and Other Applications), End-User (Hospitals, Rehab Centers, and Others End-Users), and Geography (North America (United States, Canada, and Mexico), Europe (Germany, United Kingdom, France, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, and Rest of Asia-Pacific), Middle East and Africa (GCC, South Africa, and Rest of Middle East and Africa), and South America (Brazil, Argentina, and Rest of South America)). The report offers value (in USD million) for the above segments.

By Product Type
Daily Living Aids
Medical Beds
Bathroom and Toilet Assist Devices
Reading Writing and Computer Aids
Other Daily Living Aids
Exercise Equipment
Upper Body Exercise Equipment
Lower Body Exercise Equipment
Body Support Devices
Patient Lifts
Medical Lifting Slings
Mobility Equipment
Walking Assist Devices
Wheelchairs and Scooters
By Application
Physiotherapy
Occupational Therapy
Other Applications
By End-User
Hospitals
Rehab Centers
Others End-Users
By Geography
North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Argentina
Rest of South America
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Rehabilitation Equipment Market Size Summary

The Rehabilitation Equipment Market is poised for significant growth over the forecast period, driven by an increasing demand for rehabilitation services and therapies. The market's expansion is largely attributed to the rising incidence of chronic diseases and the growing prevalence of non-communicable conditions, which necessitate rehabilitation interventions. The COVID-19 pandemic has further accelerated this demand, as many patients recovering from severe cases require extensive rehabilitation to regain normal functioning. The reopening of rehabilitation centers post-lockdown has also contributed to the market's recovery and growth. Additionally, favorable reimbursement initiatives and the high demand for assisted devices among the handicapped population are key factors propelling the market forward. Companies are actively launching new products and creating awareness to meet the evolving needs of patients, thereby driving the overall market growth.

The market is characterized by a strong focus on innovative product launches, particularly in the walking assist devices segment, which is expected to hold a significant share. These devices, including canes, crutches, and walkers, are essential for improving mobility and independence among patients with physical disabilities and the elderly. The increasing geriatric population, coupled with the rising adoption of smart walking assistive devices, is expected to further boost this segment. North America is anticipated to dominate the market, supported by the high prevalence of chronic diseases and the presence of major industry players. The region's growth is also fueled by government initiatives and research activities aimed at developing advanced rehabilitation products. The market remains moderately competitive, with key players continuously innovating to capture a larger share of the growing demand for rehabilitation equipment.

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Rehabilitation Equipment Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

      1. 1.2.1 Increasing Burden of Chronic Diseases

      2. 1.2.2 Rising Demand for Rehabilitation Therapies

      3. 1.2.3 Rising Awareness Initiatives Regarding Rehabilitation Therapies

    3. 1.3 Market Restraints

      1. 1.3.1 Unfavorable Reimbursements and Lack of Awareness

    4. 1.4 Porter's Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION (Market SIze by Value in USD Million)

    1. 2.1 By Product Type

      1. 2.1.1 Daily Living Aids

        1. 2.1.1.1 Medical Beds

        2. 2.1.1.2 Bathroom and Toilet Assist Devices

        3. 2.1.1.3 Reading Writing and Computer Aids

        4. 2.1.1.4 Other Daily Living Aids

      2. 2.1.2 Exercise Equipment

        1. 2.1.2.1 Upper Body Exercise Equipment

        2. 2.1.2.2 Lower Body Exercise Equipment

      3. 2.1.3 Body Support Devices

        1. 2.1.3.1 Patient Lifts

        2. 2.1.3.2 Medical Lifting Slings

      4. 2.1.4 Mobility Equipment

        1. 2.1.4.1 Walking Assist Devices

        2. 2.1.4.2 Wheelchairs and Scooters

    2. 2.2 By Application

      1. 2.2.1 Physiotherapy

      2. 2.2.2 Occupational Therapy

      3. 2.2.3 Other Applications

    3. 2.3 By End-User

      1. 2.3.1 Hospitals

      2. 2.3.2 Rehab Centers

      3. 2.3.3 Others End-Users

    4. 2.4 By Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

        3. 2.4.1.3 Mexico

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Italy

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 China

        2. 2.4.3.2 Japan

        3. 2.4.3.3 India

        4. 2.4.3.4 Australia

        5. 2.4.3.5 South Korea

        6. 2.4.3.6 Rest of Asia-Pacific

      4. 2.4.4 Middle East and Africa

        1. 2.4.4.1 GCC

        2. 2.4.4.2 South Africa

        3. 2.4.4.3 Rest of Middle East and Africa

      5. 2.4.5 South America

        1. 2.4.5.1 Brazil

        2. 2.4.5.2 Argentina

        3. 2.4.5.3 Rest of South America

Rehabilitation Equipment Market Size FAQs

The Rehabilitation Equipment Market size is expected to reach USD 14.94 billion in 2024 and grow at a CAGR of 4.92% to reach USD 18.99 billion by 2029.

In 2024, the Rehabilitation Equipment Market size is expected to reach USD 14.94 billion.

Rehabilitation Equipment Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)