Latest trends in the global rehabilitation equipment market are driven by the introduction of technological advancements by numerous players across the digital health industry. Citing an instance, in February 2020, IncludeHealth, a globally awarded digital health and performance major, announced the roll-out of its comprehensive musculoskeletal technology, IncludeConnect.

The technology is useful in according digital capacities to any equipment that is utilized for the purpose of training, performance, rehabilitation, or general health. IncludeConnect was developed with the help of pilot initiatives as well as feedback from practitioners across two health care systems for the enhancement of the way providers impart training and care.

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Similar developments are slated to support product penetration in the rehabilitation equipment industry, positively influencing revenue expansion over the forthcoming years. The global rehabilitation equipment market size is anticipated to surpass USD 31.2 billion by 2026, cites the latest research by Global Market Insights, Inc.

Key rehabilitation equipment suppliers include Honeywell International, Inc., DJO Global, OMRON Corporation, Philips, MicroPort Scientific Corporation, Bioness, Inc., LifeWatch AG, St. Jude Medical, Inc., and others.

As per the CDC (Centers for Disease Control and Prevention), nearly 85 per cent of the geriatric population is diagnosed with at least one chronic health condition. The surging prevalence of chronic diseases coupled with an increase in the geriatric population is expected to drive the augmentation of the rehabilitation equipment industry through 2026.

The chronic conditions amongst the elderly patients are related to functional impairment comprising hearing, vision, and physical issues, in turn increasing the requirement for numerous physical rehabilitation devices over the projected period.

The rising healthcare expenditure coupled with a subsequent improvement in the healthcare infrastructure is touted to boost the deployment of various physical therapy tools across Brazil. The country accounted for a dominating share of over USD 424 million in the Latin America rehabilitation equipment market in 2019.

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Further, patients in Brazil are also allowed to go for physical therapy treatment without the reference of a physician in private physical therapy clinics. According to the World Bank, numerous private and public healthcare expenses held 9.1 per cent of the total GDP of Brazil in 2018. These factors are poised to stimulate the demand for numerous types of rehabilitation devices in the country.

An increase in the adoption of unhealthy lifestyles has been one of the prominent factors for an increase in the incidence of various cardiac and pulmonary disorders. The cardiopulmonary rehabilitation equipment segment held an appreciable revenue of over USD 2.5 billion in 2019.

Given that these cardiorespiratory abnormalities are related to the shortness of breath, some amount of limitation is put on the exercise capacity in patients with congestive heart failure (CHF) and chronic obstructive pulmonary disease (COPD), creating the demand for advanced physical therapy equipment over the coming years.

On the whole, the rising focus of several physiotherapy equipment manufacturers towards collaborative strategies as well as novel product development is set to bolster the rehabilitation equipment industry share, augmenting market valuation through the assessment period.

Partial Chapter of the Table of Content

Chapter 2   Executive Summary

2.1    Rehabilitation equipment industry 360⁰ synopsis, 2015 - 2026

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Regional trends

Chapter 3   Rehabilitation Equipment Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2015 – 2026

3.3    Industry impact forces

3.3.1    Growth drivers

3.3.1.1    Growing incidences of musculoskeletal disorders

3.3.1.2    Technological advancements

3.3.1.3    Growing geriatric population along with rising prevalence of chronic diseases

3.3.2    Industry pitfalls & challenges

3.3.2.1    Lack of awareness and access to rehabilitation services

3.4    Growth potential analysis

3.4.1    By product

3.5    COVID-19 impact analysis

3.6    Medical care

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