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Medical Rehabilitation Services Market Share

Report ID: GMI10447
Published Date: Jul 2024
Report Format: PDF

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Medical Rehabilitation Services Market Share

The market is characterized by the presence of numerous specialized rehabilitation centers, hospitals, outpatient clinics, and home care providers. Key players focus on integrating advanced technologies such as robotic-assisted therapy, virtual reality, and tele-rehabilitation to enhance service delivery and patient outcomes. Strategic collaborations, mergers, and acquisitions are common strategies to expand service portfolios and geographic reach. Additionally, continuous investment in research and development, coupled with government support and favourable reimbursement policies, fosters innovation and competition, driving overall market growth and improving the quality of rehabilitation services offered.

Medical Rehabilitation Services Market Companies

Prominent players operating in the medical rehabilitation services industry include:

AbilityLab
Athletico Physical Therapy
ATI Physical Therapy
Brookdale Senior Living Inc.
Genesis HealthCare
Icahn School of Medicine at Mount Sinai
Knight Health Holdings, LLC
Lifespan Physical Therapy Services
nMotion Physical Therapy
Paradigm Healthcare
Select Medical Holdings Corporation
SuVitas
The University of Chicago Medical Center
U.S. Physical Therapy, Inc.
Vibra Healthcare, LLC.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

The medical rehabilitation services market was valued at USD 216.5 billion in 2023 and is expected to exhibit 6.6% CAGR from 2024-2032, attributed to the ongoing advancements in rehabilitation equipment and techniques.

The physical therapy segment in the market generated USD 83.7 billion in 2023 driven by the rising prevalence of musculoskeletal conditions.

North America medical rehabilitation services market accounted for USD 89 billion in 2023 and is anticipated to record 6.4% CAGR between 2024-2032 owing to innovations such as robotic-assisted therapy, virtual reality, tele-rehabilitation, and advanced diagnostic tools.

AbilityLab, Athletico Physical Therapy, ATI Physical Therapy, Brookdale Senior Living Inc., Genesis HealthCare, Icahn School of Medicine at Mount Sinai, Knight Health Holdings, LLC, Lifespan Physical Therapy Services, and nMotion Physical Therapy among others.