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Rehabilitation Equipment Market Share

Report ID: GMI3363
Published Date: Jul 2024
Report Format: PDF

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Rehabilitation Equipment Market Share

The rehabilitation equipment industry is highly fragmented, with a mix of large multinational corporations and small to mid-sized companies competing. Significant growth potential in both developed and emerging markets encourages companies to engage in various strategic activities, such as mergers, acquisitions, and collaborations, to innovate and expand their global presence. For example, in June 2020, GF Health Products Inc. acquired Gendron, a manufacturer of mobility equipment, bariatric beds and seating, patient lifts, and aids. This acquisition broadened GF Health Products Inc.'s portfolio and supported its strategic objective, "Made in USA”.

Rehabilitation Equipment Market Companies

Some of the eminent market participants operating in the rehabilitation equipment industry include:

Arjo
Bioness Inc.
BioXtreme
BTL
Caremax Rehabilitation Equipment Co. Ltd
DJO Global
Dynatronics Corporation
Halma plc
Honeywell International, Inc.
Invacare Corporation
Koninklijke Philips N V
Medline Industries
Medtronic plc
MicroPort Scientific Corporation
OMRON Corporation
ReWalk Robotics Ltd.
STORZ MEDICAL AG
Tyromotion
Zimmer MedizinSysteme GmbH

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

Global rehabilitation equipment industry was valued at USD 20.1 billion in 2023 and is anticipated to register 7.2% CAGR between 2024 and 2032 due to the increasing geriatric population along with rising prevalence of chronic diseases.

The musculoskeletal segment in the market held 67.2% revenue share in 2023 driven by the rising incidence of accidents, sports injuries, and musculoskeletal disorders, such as sarcopenia and osteoarthritis.

North America rehabilitation equipment market accounted for USD 7.5 billion in revenue in 2023 due to the increasing prevalence of chronic diseases and the increasing government initiatives for safe patient handling.

Arjo, Bioness Inc., BioXtreme, BTL, Caremax Rehabilitation Equipment Co. Ltd, DJO Global, Dynatronics Corporation, Halma plc, Honeywell International, Inc., Invacare Corporation, Koninklijke Philips N V, and Medline Industries, among others.