Medical Rehabilitation Services Market To Reach $385.92 Billion By 2030

Medical Rehabilitation Services Market Growth & Trends

The global medical rehabilitation services market size is anticipated to reach USD 385.92 billion by 2030, exhibiting a CAGR of 6.14% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing awareness and focus on preventative healthcare practices, aging population and technological advancements in medical rehabilitation services is expected to drive the growth of the market.

Innovations in robotics, Artificial Intelligence (AI), Virtual Reality (VR), and data analytics have transformed the capabilities of rehabilitative equipment, revolutionizing the treatment of injuries, surgeries, or debilitating conditions. According to the Oxford University Press article published in February 2024, advancements in medical rehabilitation services, including wearable sensors, robotic devices, virtual reality, and artificial intelligence, are driving market growth. These innovations enable more refined movement measurement, treatment augmentation, exercise monitoring, and real-time feedback, linking the gap between clinical settings and real-world environments to improve patient outcomes. Improving patient consequences and making rehabilitation more efficient and personalized, these technologies increase demand and investment in rehabilitation services, fueling the medical rehabilitation services market growth.

The COVID-19 pandemic had a significant impact on medical rehabilitation services globally, affecting both the demand and supply of these services. According to the NCBI article published in February 2023, in Jordan, a study observed a sharp decline in rehabilitation clinic visits from January to May 2020, coinciding with the initial strict lockdown. Patient numbers fell from 3,394 in January to only 78 in May as lockdown measures considered rehabilitation services nonessential during the COVID-19 emergency response. However, after lockdown restrictions eased, there was a significant rise in patients seeking rehabilitation services, peaking in September 2020 and exceeding pre-COVID-19 levels.

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Medical Rehabilitation Services Market Report Highlights

• The physical therapy segment dominated the market and is anticipated to grow over the forecast period owing to widespread adoption for treating a range of conditions, including musculoskeletal, burns, cardiovascular, neurologic, sports injuries, and wound care.

• The outpatient segment dominated the market the owing to the integration of advanced neurorehabilitation technologies into outpatient treatment services drives the outpatient segment by enhancing the quality and effectiveness of care.

• Sports Related Injuries segment is anticipated to grow at the fastest CAGR over the forecast period owing to the rising number of sports participants, particularly among children and adolescents, driving the market's growth.

• Hospital and clinics end-use segment dominated the market in 2023 with the rising inflow of patients seeking rehabilitation in hospitals and clinics by key players for providing quality care.

• North America dominated the market due to factors such as advanced healthcare infrastructure, increasing demand for healthcare services, and a favorable regulatory environment.

Medical Rehabilitation Services Market Segmentation

Grand View Research has segmented the global medical rehabilitation services market based on therapy, setting, application, end-use, and region:

Medical Rehabilitation Services Therapy Category Outlook (Revenue, USD Million; 2018 - 2030)

• Physical Therapy

• Occupational Therapy

• Cognitive Therapy

• Speech and Language Therapy

• Others

Medical Rehabilitation Services Setting Outlook (Revenue, USD Million; 2018 - 2030)

• Outpatient

• Inpatient

Medical Rehabilitation Services Application Outlook (Revenue, USD Million; 2018 - 2030)

• Orthopedic

• Cardiologic

• Neurological

• Pulmonary

• Sports Related Injuries

• Others

Medical Rehabilitation Services End Use Outlook (Revenue, USD Million; 2018 - 2030)

• Hospital and Clinics

• Rehab Centers

• Homecare Settings

• Physiotherapy Centers

Medical Rehabilitation Services Region Outlook (Revenue, USD Million; 2018 - 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • Germany

  • UK

  • Italy

  • France

  • Spain

  • Norway

  • Denmark

  • Sweden

• Asia Pacific

  • Japan

  • China

  • Australia

  • India

  • South Korea

  • Thailand

• Latin America

  • Brazil

  • Argentina

• Middle East & Africa

  • South Africa

  • UAE

  • Saudi Arabia

  • Kuwait

List of Key Players in the Medical Rehabilitation Services Market

• Shirley Ryan AbilityLab

• Prism Medical

• Icahn School of Medicine at Mount Sinai

• Paradigm Healthcare

• The University of Chicago Medical Center

• MindMaze Healthcare

• Lifespan Physical Therapy Services

• SuVitas

• nMotion Physical Therapy

• Therapy Solutions for Kids

• Athletico Physical Therapy