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Rehabilitation Equipment Market Analysis & Forecast to 2032

The Global Rehabilitation Equipment Market study focuses major leading industry players with information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure.

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Rehabilitation Equipment Market Analysis & Forecast to 2032

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  1. Rehabilitation Equipment Market Analysis & Forecast to 2032 by Key Players, Share, Trend, Segmentation

  2. Industry Insights • Rehabilitation Equipment Market size will expand exponentially through 2032. Growing demand for rehabilitation therapies globally is creating lucrative opportunities for industry growth. • Rising focus on functional independence has increased the demand for rehabilitation therapies to improve the quality of life of people with disabilities. • Many countries worldwide are focusing on expanding insurance coverage for the inclusion of rehabilitation services to make them accessible and affordable to a wider population. • Moreover, companies operating in the rehabilitation equipment space are focusing on capacity expansion strategies to reinforce their industry position. For instance, in August 2022, Medline Industries, a prominent healthcare company, announced the opening of two LEED-certified distribution centers in Montgomery and Missouri. Implementation of similar growth strategies will help the industry gain momentum over the next ten years.

  3. Based on the product, the neurological rehabilitation equipment market share will grow at 13.5% CAGR from 2023 to 2032. • Increasing prevalence of neurological disorders such as Parkinson's disease, multiple sclerosis, and others has increased the need for neurological rehabilitation equipment. • As per the Parkinson's Foundation, Parkinson's disease affects around 90,000 people every year in the U.S. alone. Moreover, surging innovations in the technology of neurological rehabilitation equipment are further contributing to segment expansion. • In fact, robotic-assisted devices have gained popularity in neurological rehabilitation. • These devices use robotic arms or exoskeletons to assist patients in repetitive movements, such as walking or arm exercises. • They provide precise control, customizable assistance, and real-time feedback, helping patients regain motor function and improve coordination.

  4. Regional Analysis • From the regional standpoint, Europe rehabilitation equipment market was worth more than USD 5 billion in 2022. Favorable initiatives by the regional government for rehabilitation services are positively impacting the industry growth. Moreover, regional expansion can also be ascribed to the growing number of rehabilitation centers and a rising need for prosthetics. • Competitive Analysis • Koninklijke Philips N V, Invacare Corporation, Tyromotion, Dynatronics Corporation, Medtronic plc, and, Caremax Rehabilitation Equipment Co. Ltd, among others.

  5. Rehabilitation Equipment Market @ https://www.gminsights.com/industry-analysis/rehabilitation-equipment-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/3363 Request for customization @ https://www.gminsights.com/roc/3363

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