Latin America Rehabilitation Equipment Market Size & Outlook
Latin America rehabilitation equipment market, 2018-2030 (US$M)
Latin America rehabilitation equipment market highlights
- The Latin America rehabilitation equipment market generated a revenue of USD 1,818.7 million in 2023.
- The market is expected to grow at a CAGR of 5.6% 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.
Latin America data book summary
| Market revenue in 2023 | USD 1,818.7 million |
| Market revenue in 2030 | USD 2,658.0 million |
| Growth rate | 5.6% (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, Latin America region accounted for 11.8% 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 |
|---|
Latin America 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 Latin America rehabilitation equipment market based on physiotherapy 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.
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Target buyers of Latin America 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 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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Latin America rehabilitation equipment market
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