Transparency Market Research

Rehabilitation Products Market - Global Industry Analysis and Forecast 2014-2020

Transparency Market Research Report Added "Rehabilitation Products Market" to its database.


Albany, NY -- (SBWIRE) -- 04/13/2015 -- Rehabilitation products are a set of measures that helps individuals suffering from disability such as amputation, musculoskeletal conditions, drug abuse and others, to improve, maintain and restore physical strength and mobility. Rehabilitation helps people to achieve greater independence after injury, surgery and illness. Rehabilitation occurs for a specific period of time, and needs single or multiple interventions. This market includes acute care hospitals with inpatient rehabilitation centers, freestanding rehabilitation hospitals, and outpatient rehabilitation centers that provide occupational, physical, or speech therapy services. With the use of rehabilitation equipment and related therapeutic measures, it is observed that patients and families experience better health and functioning. Rehabilitation is a mix of different specialties, such as physical and occupational therapy to improve strength and mobility and improve living and speech therapy, to obtain better movement and communication respectively.

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Rehabilitation products can be classified based on:

Area of injury
- Back lumbosacral support
- Abdominal support
- Cervical support
- Wrist support
- Knee/ankle support
- Traction kits pelvic, skin and ankle
- Traction kits cervical
- General aids
- Arm/shoulder support
- Adhesive bandage/skin traction
- Wheel chairs
- Commode wheel chairs
- Walkers, rollators and sticks

- Physical therapists
- Occupational therapists
- Speech therapists
- Rehab nurses
- Orthopedists

The rehabilitation products market has been witnessing a perpetually increasing growth. Many factors are responsible for the growth of rehabilitation products market such as increasing volume of surgical procedures, aging population, rise in healthcare spending, increased accessibility to healthcare, and growing prevalence of lifestyle diseases.

Geographically, the global rehabilitation products market is divided into four regions: North America, Europe, Asia Pacific and Rest of the World (RoW). Among these geographical markets, North America followed by Europe account for the largest share of rehabilitation products market due to the rapid advent and adoption of new technologies, high disposable income, growing geriatric population, and favorable regulatory framework. However, Asia Pacific market is also witnessing a very positive growth due to development of medical tourism industry, growing unmet medical and healthcare needs, and increasing prevalence of chronic diseases that necessitate surgical procedures.

The global rehabilitation products market is witnessing an admirable growth due to transformative and innovative technological advancements such as rehabilitation robots, exoskeletons, and implants that offer robust growth opportunities to the market players. However, economic downturn in Europe and uncertain reimbursement scenario in USA are some of the factors that are hindering the growth of rehabilitation products market. Major applicants of rehabilitation products are physical therapists, occupational therapists, speech therapists, rehab nurses and orthopedists.

The rehabilitation products market is highly fragmented due to the participation of many global as well as new players entering in this market. New entrants in the market are giving a tough competition to the existing players. In order to maintain their foothold, the existing players are adopting new technologies and introducing new product into the market. This increasing competition is expected to drive the growth of the industry. The market is expected to witness a high growth rate due to the growing demand for finer processes and non invasive techniques. In addition, due to progression of ageing population, the demand for homecare and rehabilitation equipment is also expanding correspondingly.

Some of the major players operating in rehabilitation products market are Physiotherapy Associates, RehabCare, US Physical Therapy, Select Medical, AliMed, La Nostra Famiglia, MHL Clinics, St Joseph's Care Group, Niva Medical Co. and Chattanooga.

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This research report analyses this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include

- North America
- Asia Pacific
- Europe
- Rest of the World

This report provides comprehensive analysis of

- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming years

This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porters five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis.

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