North America Rehabilitation Equipment Market Size & Outlook
North America rehabilitation equipment market, 2018-2030 (US$M)
North America rehabilitation equipment market highlights
- The North America rehabilitation equipment market generated a revenue of USD 4,960.6 million in 2023.
- The market is expected to grow at a CAGR of 3.9% 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.
North America data book summary
| Market revenue in 2023 | USD 4,960.6 million |
| Market revenue in 2030 | USD 6,498.8 million |
| Growth rate | 3.9% (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, North America region accounted for 32.2% 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 |
|---|
North 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 North America rehabilitation equipment market based on physiotherapy covering the revenue growth of each sub-segment from 2018 to 2030.
North America has a very large geriatric population. Prevalence of non-communicable diseases such as cancer, cardiovascular diseases, diabetes, arthritis, and Parkinson’s disease is reported to be high in this region.
Favorable reimbursement policies by Medicare, are improving the access to rehabilitation devices. Rehabilitation Engineering and Assistive Technology Society of North America (RESNA) is the not-for-profit organization that supports people with disabilities by increasing access to technological advancements, developing assistive technology standards, and promoting research in the field of assistive technology.
These aforementioned factors can be attributed to the rise in demand for rehabilitation devices in this region. Invacare, Medline, Dynatronics, Ekso Bionics, G F Health Products, Inc. are some of the leading companies in North America, which are engaged in the manufacture of rehabilitation devices, such as walking aids, daily living aids, wheelchairs, power scooters, patient lifts, and slings, etc.
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Our clientele includes a mix of rehabilitation equipment market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America rehabilitation equipment market , including forecasts for subscribers. This continent databook contains high-level insights into North America rehabilitation equipment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America rehabilitation equipment market
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