Market revenue in 2022 | USD 2,772.4 million |
Market revenue in 2030 | USD 4,821.4 million |
Growth rate | 7.2% (CAGR from 2022 to 2030) |
Largest segment | Physical therapy |
Fastest growing segment | Behavioral Therapy |
Historical data covered | 2018 - 2021 |
Base year for estimation | 2022 |
Forecast period covered | 2023 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Physical Therapy, Speech Therapy, Occupational Therapy, Behavioral Therapy, Neurological Therapy, Drug/Alcohol Addiction Treatment, Cognitive Rehabilitation Therapy |
Key market players worldwide | Select Medical Holdings Corp, Forrest Health, Mount Sinai Health System, UAB School of Health Professions, Nanz medico, Rehabilitation Institute of Chicago, Cambridge Medical and Rehabilitation Center, Lovelace Health System, KIMS Healthcare Management Ltd., Unity Health Toronto, Baylor Scott & White Institute for Rehabilitation, Ernest Health |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to outpatient rehabilitation centers market will help companies and investors design strategic landscapes.
Physical therapy was the largest segment with a revenue share of 40.31% in 2022. Horizon Databook has segmented the Latin America outpatient rehabilitation centers market based on physical therapy, speech therapy, occupational therapy, behavioral therapy, neurological therapy, drug/alcohol addiction treatment, cognitive rehabilitation therapy covering the revenue growth of each sub-segment from 2018 to 2030.
The rising prevalence of disabilities owing to road traffic accidents and health-related factors, such as obesity, cancer, & cardiac disorders, are expected to boost the demand for outpatient rehabilitation. In Latin America, 50% of those with a disability are of working age, with 25% being children and adolescents.
Of these, only 2% to 3% have access to rehabilitation programs and services. Moreover, the increasing prevalence of cardiac disorders has led to high demand for cardiac rehabilitation in the region. As per an article published in Frontiers Journal, stroke is the major cause of death in most of the countries in Latin America, and around 40% of the total deaths during productive years of the life of individuals.
Governments are undertaking initiatives to create awareness about treatment options available, such as outpatient rehabilitation. For instance, the Latin American Stroke Ministerial meeting was organized in August 2018 as a joint effort by the World Stroke Organization, the American Heart Association, and the Ibero-American Stroke Organization (SIECV), to raise awareness regarding stroke & reduce premature deaths.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America outpatient rehabilitation centers market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America outpatient rehabilitation centers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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