Rehabilitation Equipment Market - Global Forecast Rehabilitation Equipment Market121

Rehabilitation Equipment Market by Type (Mobility (Wheelchair,
Assist Device), Body Support (Lift, Sling), Exercise (Upper, Lower Body),
Living Aids (Reading, Writing)), Application (Physiotherapy, OT), End
User (Hospital, Clinic, Home Care) - Forecasts to 2021
The global rehabilitation equipment market is expected to reach 14.91 Billion by 2021 from USD
9.86 Billion in 2016, at a CAGR of 8.6% during the forecast period.
According to the new market research report "Rehabilitation Equipment Market by Type
(Mobility (Wheelchair, Assist Device), Body Support (Lift, Sling), Exercise (Upper, Lower Body),
Living Aids (Reading, Writing)), Application (Physiotherapy, OT), End User (Hospital, Clinic,
Home Care) - Forecasts to 2021", published by MarketsandMarkets™, analyzes and studies the
major market drivers, restraints, opportunities, and challenges in North America, Europe, Asia-
Pacific, and the Rest of the World (RoW).
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The growth of this market is mainly driven by factors such as growing incidence of disabilities
resulting from non-communicable diseases, favorable healthcare reforms, and rapid growth in
the geriatric population coupled with the rising prevalence of chronic diseases. However, a high
cost & maintenance expense of rehabilitation equipment is the key factor that is expected to
restrain the growth of this market to a certain extent.
In this report, the rehabilitation equipment market has been segmented on the basis of type,
application, end user, and region. Based on type, the rehabilitation equipment market is
segmented into mobility equipment, body support devices, exercise equipment, and daily living
aids. In 2016, the daily living aids segment accounted for the largest share of the market. This
can primarily be attributed to the increasing prevalence of non-communicable diseases such as
cancer and cardiovascular diseases, which need long-term treatment. On the basis of
application, the rehabilitation equipment market is divided into two segments physiotherapy
and occupational therapy. In 2016, the physiotherapy segment accounted for the largest share
of the market. This growth can be attributed to factors such as increasing need for
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