Rehabilitation Equipment Market | Business Overview, Key Insights, Recent Developments

According to Latest Market research report Published by MarketsandMarkets the “Rehabilitation Equipment Market Size, Share, Demand and Growth Analysis, forecast” the global market to reach 14.91 Billion, at a CAGR of 8.6%

ID: 1552820
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(businesspress24) - The growth of this Rehabilitation Equipment Market is mainly driven by factors such as growing incidence of disabilities resulting from non-communicable diseases, favorable healthcare reforms, and rapid growth in the geriatric population coupled with the rising prevalence of chronic diseases. However, a high cost & maintenance expense of rehabilitation equipment is the key factor that is expected to restrain the growth of this market to a certain extent.

Increasing incidence of disabilities, and rapid growth in geriatric population are the major drivers for the market.

The key causes of disabilities are non-communicable diseases and injuries such as sports injuries, trauma cases and various other injuries. Non-communicable diseases (NCDs) or chronic diseases are generally of long duration and slow progression. There are four major types of NCDse rising incidence of NCDs has correspondingly boosted cases of disability among patients; this is expected to drive the demand for rehabilitation equipment.

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key players operating in the Global Rehabilitation Equipment Market;

The rehabilitation equipment market is highly fragmented with the presence of several small and large players. Some of the prominent players in this market are Invacare Corporation (US), Medline Industries, Inc. (US), Dynatronics Corporation (US), Drive DeVilbiss Healthcare (US), Changzhou Qian Jing Rehabilitation Co., Ltd. (China), Carex Health Brands (US), Roma Medical (U.K.), Caremax Rehabilitation Equipment Co. Ltd. (China), GF Health Products, Inc. (US), and Hospital Equipment Manufacturing Company (India).

Major Drivers Impacting the Rehabilitation Equipment Market;

Physiotherapy Centers:

Physiotherapy is a cost-effective method for preventing disabilities from becoming chronic condition and speeding up the recovery time for musculoskeletal, neurological, and surgical injuries, among others. The increasing incidence of various non-communicable diseases that can lead to various disabilities has driven the demand for assistive care in physiotherapy centers.

Rehabilitation centers:

Rehabilitation centers usually provide long-term care as per the patient

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Major Rehabilitation Equipment Market Developments:

European platform.

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rehabilitation-equipment-market, rehabilitation-equipment, healthcare, medical-d,

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Date: 10/04/2019 - 04:55
Language: English
News-ID 1552820
Character count: 4233
Firma: marketsandmarkets
Ansprechpartner: shelly singh Feedback to about Pressrelease-id:
Stadt: northbook
Telefon: 18886006441

Meldungsart: Financial
Versandart: send
Freigabedatum: 04.10.2019

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