Market revenue in 2024 | USD 1,570.2 million |
Market revenue in 2030 | USD 2,400.4 million |
Growth rate | 7.4% (CAGR from 2025 to 2030) |
Largest segment | Therapy equipment |
Fastest growing segment | Daily Living Aids |
Historical data covered | 2018 - 2023 |
Base year for estimation | 2024 |
Forecast period covered | 2025 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Therapy Equipment, Daily Living Aids, Mobility Equipment, Body Support Devices, Exercise Equipment |
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 |
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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 rehabilitation equipment market will help companies and investors design strategic landscapes.
Therapy equipment was the largest segment with a revenue share of 36.42% in 2024. Horizon Databook has segmented the Latin America rehabilitation equipment market based on therapy equipment, daily living aids, mobility equipment, body support devices, exercise equipment covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America is one of the fastest growing regional markets. Brazil, Mexico, and Venezuela are some of the major economies in this region. Geriatric population is rising in Latin America due to increase in the average life expectancy and demographic changes.
Aging population in Latin America is expected to reach 18.5% by 2050. This is expected to increase the prevalence of age-related diseases in this population, positively reinforcing the market for rehabilitation devices.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America rehabilitation equipment market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America rehabilitation equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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