Asia Pacific Rehabilitation Equipment Market Size & Outlook
Asia Pacific rehabilitation equipment market, 2018-2030 (US$M)
Asia Pacific rehabilitation equipment market highlights
- The Asia Pacific rehabilitation equipment market generated a revenue of USD 4,441.2 million in 2023.
- The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
- In terms of segment, physiotherapy was the largest revenue generating application in 2023.
- Physiotherapy is the most lucrative application segment registering the fastest growth during the forecast period.
Asia Pacific data book summary
| Market revenue in 2023 | USD 4,441.2 million |
| Market revenue in 2030 | USD 7,076.0 million |
| Growth rate | 6.9% (CAGR from 2023 to 2030) |
| Largest segment | Physiotherapy |
| Fastest growing segment | Physiotherapy |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Physiotherapy |
| Key market players worldwide | Invacare, Medline Industries, Dynatronics Corp, Drive DeVilbiss Healthcare France, Ekso Bionics Holdings Inc, CareMax Inc Ordinary Shares - Class A, Graham - Field Health Products, Hospital Equipment, SP Ableware - Maddak |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 28.9% of the global rehabilitation equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,076.0 million by 2030.
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Rehabilitation Equipment Market Scope
Rehabilitation Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific rehabilitation equipment market outlook
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 rehabilitation equipment market will help companies and investors design strategic landscapes.
Physiotherapy was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific rehabilitation equipment market based on physiotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
Economy in Asia Pacific is majorly driven by countries such as Japan, China, India, and Australia. Increase in geriatric population and favorable government initiatives are the key drivers for this market in the Asia Pacific region. In 2016, geriatric population in Asia Pacific region was approximately 12.4% of the total population.
Prevalence of the target diseases such as arthritis, Parkinson’s, and other neurological diseases is rising in this region, which leads to increase in the demand for these devices. This is expected to positively impact physiotherapy and occupational therapy markets in Asia Pacific.
Furthermore, government initiatives in this region are expected to drive the market. The Government of India launched the ADIP scheme—Assistance to Disabled Persons, in order to assist disabled patients for procuring durable and sophisticated assistance devices to promote physical, psychological, and social rehabilitation.
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Target buyers of Asia Pacific rehabilitation equipment market databook
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Our clientele includes a mix of rehabilitation equipment market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific rehabilitation equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific rehabilitation equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific rehabilitation equipment market
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