Market revenue in 2022 | USD 34,655.3 million |
Market revenue in 2030 | USD 61,546.2 million |
Growth rate | 7.4% (CAGR from 2022 to 2030) |
Largest segment | Physical therapy |
Fastest growing segment | Behavioral Therapy |
Historical data | 2018 - 2021 |
Base year | 2022 |
Forecast period | 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 37.8% in 2022. Horizon Databook has segmented the U.S. 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 rise in demand for rehabilitation in the country and launch of new outpatient rehabilitation facilities are expected to propel the U.S. market over the forecast period. Moreover, favorable reimbursement policies offered in outpatient rehabilitation centers are enabling patients to easily access treatments.
Outpatient therapies, including occupational therapy, speech-language pathology, and physical therapy, are covered under Medicare Part B. Around 80% of the Medicare-approved cost of outpatient therapy is covered under original Medicare. Sedentary lifestyle and high consumption of alcohol are key factors responsible for the increase in prevalence of lifestyle diseases.
The market is highly fragmented in the U.S., with the local presence of several major players. Hence, government and various rehabilitation organizations in the country are committed to improving the care of injured people through novel research and education.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. outpatient rehabilitation centers market , including forecasts for subscribers. This country databook contains high-level insights into U.S. outpatient rehabilitation centers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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