Rehabilitation devices/equipment assist the patients with their daily activities. They are used in physiotherapy as well as occupational therapy. These instruments are extensively equipped in home care settings, rehab centers, hospitals and clinics, and physiotherapy centers.
Devices to Perform Daily Activities
Rehabilitation instruments can be categorized into daily living aids, exercise equipment, mobility equipment, and body support devices. The daily living aids are classified into medical beds, reading, writing and computer aids, and bathroom and toilet assist aids. The mobility equipment are segmented into wheelchair and scooter, and walking assist devices. In 2016, mobility equipment segment acquired largest share of 37.1%. The segment is likely to maintain this trend during the forecast period. Since, these devices can be beneficial for physically challenged people or elderly population. Walking assist devises are mostly preferred due to their ease and low price.
Daily living aids is anticipated to be the second largest segment and predicted to grow at a CAGR of 6.4% by 2017 and 2025. Daily living aids are mostly used by physically disabled patients with restricted physical activities as well as patients going through post-surgery recovery. These devices can assist them to complete their daily activities. Growing rate of such patient is likely to drive the segment in coming years.
In 2016, Exercise equipment and body support devices segments together accounted for around 35.2% share. Exercise equipment include pedo cycles, hand grip exercisers, foot exercisers, arm, chest, multi-exercise chairs, compact shoulder wheels, hand gym kit boards, shoulder wheels, and hand exercise tables. Body support segment consist of patient slings and lifts. High requirement of these products can boost the segment over the forecast period.
Market Overview
According to Grand View Research, Inc., the worldwide rehabilitation devices/equipment market is likely to achieve USD 17.5 billion by 2025. Growing rate of geriatric patients, increasing occurrence of degenerative diseases and trauma patients can boost the market over the forecast period (2014 to 2025). In addition, supportive reimbursement policies, rising requirement for daily assistive equipment for handicapped population and growing awareness about new products among people can boost the market.
Asia Pacific is likely to show momentous growth and anticipated to grow at CAGR of 8.2% from 2017 to 2025.
Some of the key players operating in the market include Medline Industries, Inc.; GF Health Products, Inc.; Drive Devilbiss Healthcare; Maddak, Inc.; and, Caremax Rehabilitation Equipment Ltd.
In-Depth Research Report On Rehabilitation Devices/Equipment Market:
https://www.grandviewresearch.com/press-release/global-rehabilitation-devices-equipment-product-market
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