Home rehabilitation products and services market
DUBLIN, April 16, 2024 (Globe Newswire) — The “Home Rehabilitation Products and Services – Global Strategic Business Report” report has been added. ResearchAndMarkets.com Recruitment.
Global home rehabilitation products and services market expected to reach $158.2 billion by 2030
The global market for home rehabilitation products and services is estimated at USD 101.7 billion in 2023 and is projected to reach a revised size of USD 158.2 billion by 2030, over the analysis period 2023-2030. growing at a CAGR of 5.7% over
Wheelchairs, one of the segments analyzed in the report, is projected to register a CAGR of 6.7% and reach USD 53.9 billion by the end of the analysis period. The growth rate of the body support devices sector is estimated at a CAGR of 5.3% over the next eight years.
The US market is estimated at $39.4 billion, while China is projected to grow at a CAGR of 7.4%
The U.S. home rehabilitation products and services market is estimated at USD 39.4 billion in 2023. China, the world's second largest economy, is expected to reach a market size of USD 21.5 billion by 2030, at a CAGR of 7.4. Other notable geographic markets include Japan and Canada, which are expected to grow by 3.9% and 5.2%, respectively, over the 2023-2030 period. Among Europe, Germany is projected to grow at a CAGR of approximately 4.6%.
Key attributes:
report attributes |
detail |
number of pages |
509 |
Forecast period |
2023-2030 |
Estimated market value in 2023 (USD) |
$101.7 billion |
Projected market value to 2030 (USD) |
$158.2 billion |
compound annual growth rate |
6.5% |
Target area |
global |
Market overview
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Insights into the influencer market
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Global market trajectory
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Home Rehabilitation Products and Services – Global Major Competitors Market Share Percentage in 2023 (E)
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Competitive Market Presence – Strong/Active/Niche/Mediocre (E) for Players Worldwide in 2023
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What is home rehabilitation? – Definition/scope, benefits and types of rehabilitation products and services
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Recent market activity
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innovation
Market trends and drivers
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COVID-19 accelerates in-place aging trends, accelerating opportunities for residential rehabilitation products
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Aging in place grows in popularity because there's no place like home
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Catastrophically high death rates from COVID-19 in senior living facilities and nursing homes accelerate focus on aging in place
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Telerehabilitation is in the spotlight in the era of the new coronavirus infection
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There is an urgent need to move towards value-based care models, reduce the burden of primary care, reduce rising medical costs, and move to alternative care facilities.This creates a series of factors that positively impact home rehabilitation.
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The Emergence of Value-Based Health – A New Healthcare Paradigm to Contain Rising Healthcare Costs
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Alternative medical models for providing medical care that reduce the burden on hospitals
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Out-of-hospital treatment and rehabilitation
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Here's why home care is cost-effective
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Increasing disability rates: the harsh reality driving the home rehabilitation market
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Percentage of people with disabilities by age group
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Aging population is a key demographic driver of growth in assistive technology and solutions
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World aging population statistics for age groups 65 years and older by geographic region in 2019, 2025, 2035 and 2050 (in million people)
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Rapidly expanding aged care services market bodes well for home rehabilitation of the elderly: global market for aged care services in 2018, 2020 and 2023 (US$ million)
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Introducing how the new coronavirus infection has increased the elderly's dependence on life support technology
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Chronic disease management and associated costs drive demand for rehabilitation products and services
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Rising prevalence of chronic diseases expands the role of alternative care facilities and highlights the need for home-based rehabilitation techniques: Global chronic disease costs in 2018 and 2030 (US$ billion)
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Rising healthcare costs accelerate the shift to lower-cost alternative healthcare facilities, including patient-centered healthcare facilities
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Rising health costs outpacing global GDP growth puts pressure on health systems to bend the cost curve: Global health spending 2017-2023 (US$ billion)
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Increasing CVD Drive Burden Focuses on Home Cardiac Rehabilitation
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Why CVD is growing and its impact
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How home cardiac rehabilitation can help
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Global annual CVD medical costs (US$ billion) (2010-2030)
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Increasing burden of COPD increases demand for home-based pulmonary rehabilitation
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Here's why home pulmonary rehabilitation for COPD is becoming more popular
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Global COPD prevalence by age group: Proportion of men and women affected by COPD
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Wheelchairs remain the fastest growing mobility and rehabilitation product technology
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High-tech wheelchair for spinal cord injury patients
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Power wheelchairs: Better characteristics than manual wheelchairs drive demand
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Global wheelchair sales in 2021 and 2027 (000 units)
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Stair lifts: make it easier for people who are unable to move
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Nursing home and housing redesign and infrastructure development drive market
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Challenges facing home rehabilitation products and services
Focus on carefully selected players(Total of 168 items posted)
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Action Manufacturing Co., Ltd.
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Advanced Mobility Systems Co., Ltd.
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AAT Alber Antriebstechnik GmbH
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Aergo Co., Ltd.
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ability one products
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Aigle Med
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Applicable vehicle rental
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ability center
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american ambulance company
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Amble Technologies
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Accessible Mobility Center
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A&A Medical Supply
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All about medical transportation
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adapter tanza
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AddSeat by AddMovement
For more information on this report, please visit https://www.researchandmarkets.com/r/t6klw.
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