rehabilitation products market size, rehabilitation products market growth, rehabilitation products market key trends, rehabilitation products market trends, rehabilitation products market research, rehabilitation products market share
What is the current size and annual growth rate of the rehabilitation products market?
The rehabilitation products market size has grown strongly in recent years. It will grow from $13.92 billion in 2024 to $14.9 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to the increasing prevalence of chronic diseases and disabilities, the growing aging population worldwide, rising awareness about the importance of rehabilitation, expanding insurance coverage for rehabilitation services, and rising healthcare expenditure globally.
The rehabilitation products market size is expected to see strong growth in the next few years. It will grow to $19.35 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to government initiatives and policies, a shift towards home-based rehabilitation, a focus on early intervention and preventive care, and expansion of healthcare infrastructure in emerging markets. Major trends in the forecast period include the adoption of telerehabilitation solutions, integration of artificial intelligence (AI) and Virtual Reality (VR), emphasis on mobility and accessibility, and utilization of sustainable and eco-friendly solutions.
Get Your Free Sample of The Global Rehabilitation Products Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=14986&type=smp
How has the rehabilitation products market evolved, and what factors have shaped its growth?
The increasing geriatric population is expected to propel the rehabilitation products market going forward. The geriatric population refers to individuals who are above the age of 65 and older and are characterized by specific health concerns and needs associated with aging. The surge in the geriatric population can be attributed to increased life expectancy due to advancements in healthcare and declining fertility rates. Rehabilitation products are used to promote functional independence, mobility, and overall well-being among the geriatric population, enabling older adults to lead active, fulfilling lives as they age. Rehabilitation products such as walking aids and mobility scooters provide support and assistance, enabling older adults to move around safely and independently. For instance, in January 2024, according to the statistics published by the Population Reference Bureau (PRB), a US-based nonprofit organization, it is anticipated that the number of Americans 65 and older will climb from 58 million in 2022 to 82 million in 2050 (a 47% increase) and that their proportion of the overall population will increase from 17% to 23%. Therefore, the increasing geriatric population is driving the growth of the rehabilitation products market.
What are the major segments of the rehabilitation products market?
The rehabilitation products market covered in this report is segmented –
1) By Product Type: Medical Bed, Mobility Scooter, Walker, Cane, Patient Lift, Sling, Other Product Types
2) By Application: Physical Rehabilitation And Training, Strength, Endurance, And Pain Reduction, Occupational Rehabilitation And Training
3) By End User: Physiotherapist, Orthopedists, Rehab Centers, Occupational Therapists, Speech Therapists, Other End Users
Subsegments:
1) By Medical Bed: Electric Medical Bed, Manual Medical Bed, Bariatric Medical Bed, Other Medical Beds
2) By Mobility Scooter: 3-Wheel Mobility Scooter, 4-Wheel Mobility Scooter, Heavy Duty Mobility Scooter, Compact Mobility Scooter
3) By Walker: Standard Walker, Folding Walker, Rollator Walker, Knee Walker
4) By Cane: Standard Cane, Quad Cane, Folding Cane, Walking Stick
5) By Patient Lift: Manual Patient Lift, Electric Patient Lift, Ceiling Lift, Standing Patient Lift
6) By Sling: Patient Transfer Sling, Hammock Sling, Universal Sling, Other Slings
7) By Other Product Types: Wheelchairs, Crutches, Orthopedic Braces, Other Rehabilitation Products
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/rehabilitation-products-global-market-report
Which companies dominate the rehabilitation products market?
Major companies operating in the rehabilitation products market are Medline Industries Inc., Stryker Corporation, Zimmer Biomet Holdings, Smith & Nephew plc, Ottobock SE & Co. KGaA, DJO Global Inc., Sunrise Medical Inc., Össur (OSSR.Co), Drive DeVilbiss Healthcare (Medical Depot Inc.), Joerns Healthcare, Invacare Corporation IVC, Caremax Rehabilitation Equipment Co. Ltd., Etac AB, GF Health Products Inc., Prism Medical UK, Dynatronics Corporation, Biodex Medical Systems Inc., Carex Health Brands Inc., Roma Medical, Hocoma AG, Ekso Bionics, EZ Way Inc., Proxomed Medizintechnik, Hill-Rom Services Inc., Klinik Medifit
How will evolving trends contribute to the growth of the rehabilitation products market?
Major companies operating in the rehabilitation products market are focused on developing innovative solutions, such as advanced virtual reality-based platforms, to enhance therapy outcomes and patient engagement. Virtual reality-based platforms are utilized in rehabilitation products to provide immersive and interactive experiences for patients undergoing therapy. For instance, in November 2022, Penumbra Inc., a US-based medical device company, launched the REAL y-Series, a full-body, non-tethered immersive healthcare offering for rehabilitation. This technology utilizes upper and lower body sensors to track full body movement and progress in real time, providing a hands-free, sensor-based virtual reality (VR) platform and allowing clinicians to customize exercises and activities to challenge, motivate, and engage patients. This innovative technology aims to address challenges in rehabilitation, such as patient motivation and engagement, by maximizing therapy benefits through higher engagement and intensity, potentially improving patient outcomes.
What are the key regional dynamics of the rehabilitation products market, and which region leads in market share?
North America was the largest region in the rehabilitation products market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the rehabilitation products market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Rehabilitation Products Market Report 2025 Offer?
The rehabilitation products market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Rehabilitation products are specialized tools and equipment designed to assist individuals in regaining physical functionality and independence after injury, illness, or surgery. These products encompass a wide range of aids, including mobility devices and assistive technologies, tailored to support various aspects of rehabilitation, such as improving mobility, strength, coordination, and overall quality of life.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=14986
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
