The Smart Portable Rehabilitation Devices Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Smart Portable Rehabilitation Devices Global Market Report 2024, The smart portable rehabilitation devices market size is expected to see rapid growth in the next few years. It will grow to $5.08 billion in 2028 at a compound annual growth rate (CAGR) of 15.3%. The growth in the forecast period can be attributed to population rapidly aging, increasing prevalence of non-communicable diseases, increasing various policies supporting virtual rehabilitation, growing emphasis on patient-centric healthcare. Major trends in the forecast period include product innovations, partnerships, advancements in virtual rehabilitation, newer technology and smoother internet connections.
The rising geriatric population is expected to propel the growth of the smart portable rehabilitation devices market going forward. The geriatric population refers to the segment of the population composed of elderly individuals or senior citizens. Smart portable rehabilitation devices help geriatric individuals maintain their independence and autonomy by providing them with the tools to monitor their health and engage in rehabilitation activities at their own pace. For instance, in October 2022, according to the World Health Organization, a Switzerland-based intergovernmental organization, the share of the population aged 60 years and over increased to 1.4 billion in 2022, and the world’s population of people aged 60 years and older is expected to reach 2.1 billion by 2050. Therefore, rising geriatric populations are driving the growth of the smart portable rehabilitation devices market.
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The smart portable rehabilitation devices market covered in this report is segmented –
1) Smart Portable Rehabilitation Devices Market By Type: Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices
2) Smart Portable Rehabilitation Devices Market By Rehabilitation Type: Passive Rehabilitation, Active-Assistive Rehabilitation
3) Smart Portable Rehabilitation Devices Market By End-User: Hospitals And Clinics, Rehabilitation Centers, Physiotherapy Centers, Other End-Users
Top Major Players
Medline Industries Inc.
Invacare Corporation
Caremax Rehabilitation Equipment Ltd
Hinge Health
Drive Devilbiss Healthcare
Major companies operating in the smart portable rehabilitation devices market are forming strategic partnerships to gain a competitive edge in the market. A strategic partnership is a collaborative agreement between two or more organizations to achieve mutually beneficial goals. For instance, in March 2022, Manipal Hospitals, an India-based healthcare company, partnered with ConnectedLife, a Singapore-based provider and integrator of advanced digital solutions and services. The partnership aims to use Fitbit wearable technology to provide continuity of care post-high-risk surgeries, such as total knee replacement, angioplasty, and cardiac bypass surgery. The partnership allows for remote monitoring and guidance of patients in their journey towards a healthy post-surgery recovery. The Fitbit devices, along with the patient monitoring platform, will read and record patient data such as heart rate, oxygen saturation level, sleep quality, steps, and pain score before and after the surgery. The captured data will be shared on the ConnectedLife platform for the doctors to assess.
The smart portable rehabilitation devices market report table of contents includes:
1. Executive Summary
2. Smart Portable Rehabilitation Devices Market Characteristics
3. Smart Portable Rehabilitation Devices Market Trends And Strategies
4. Smart Portable Rehabilitation Devices Market – Macro Economic Scenario
5. Global Smart Portable Rehabilitation Devices Market Size and Growth
…..
32. Global Smart Portable Rehabilitation Devices Market Competitive Benchmarking
33. Global Smart Portable Rehabilitation Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Smart Portable Rehabilitation Devices Market
35. Smart Portable Rehabilitation Devices Market Future Outlook and Potential Analysis
36. Appendix
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