Rehabilitation Equipment Market Trends, Profile of Leading Players, & Research Methodology, 2023

Rehabilitation Equipment Market Trends, Profile of Leading Players, & Research Methodology, 2023

ID: 616233

Aged population and increase in chronic diseases, rising sports injuries, and positive government healthcare reforms are anticipated to drive the growth in future. The other driving factors include an increase in disabilities owing to non-communicable diseases, and surge in the disabled population.

(firmenpresse) - The worldwide rehabilitation equipment market is anticipated to exhibit a healthy CAGR during the forecast period. Rehabilitation implies treatment such that the patient gets restored to normal condition by counseling and therapy. Rehabilitation is needed for the ones affected by depression, chronic diseases (which may take a toll on mental health), sports injuries (which may act as mental block for sportspersons later), and other instances beyond explanation.

Aged population and increase in chronic diseases, rising sports injuries, and positive government healthcare reforms are anticipated to drive the growth in future. The other driving factors include an increase in disabilities owing to non-communicable diseases, and surge in the disabled population. However, high maintenance cost of equipment and lack of standard pricing are likely to hamper the rehabilitation equipment market in the forecast period.

In December 2016, Medline partnered with ViaQuest, Inc. (U.S.) to deliver ViaQuest Home Health and Hospice patient supplies across Ohio, Pennsylvania, and Indiana. Drive DeVilbiss Healthcare acquired Sidhil Group Limited (England), a foremost provider to acute care, long-term care and home care settings, in Jan 2017. This will upsurge while adding the major manufacturing expertise to the European platform.

In February 2017, Invacare upgraded the K series of their pioneering brand “Küschall”. Küschall Champion SK is a smart, lightweight, and sleek folding wheelchair. North America is one of the prominent regions and will continue to account for a large share in the rehabilitation equipment throughout the forecast period, owing to growth in aged population, increasing preference for an independent lifestyle, and increased government support and reimbursement facilities.

Leading players operating in the rehabilitation equipment market include Medline Industries, Inc.; Invacare Corporation; Dynatronics Corporation; Esko Bionics; Drive Devilbiss Healthcare; Caremax Rehabilitation Equipment Ltd.; India Medico Instruments; Hospital Equipment Mfg. Co.; GF Health Products, Inc.; and Maddak, Inc. Mergers, expansions, acquisitions, and new product development are some of the most extensively accepted strategies by industry companies, both small and large.



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Bereitgestellt von Benutzer: unnati_gade
Datum: 09.07.2020 - 09:31 Uhr
Sprache: Deutsch
News-ID 616233
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Medical Devices


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Date of sending: 09.07.2020

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