Rehabilitation Equipment Market US$ 6,100 Mn by 2022 Global Rehabilitation Equipment Market 2017-2022 | Page 2
support and subsidies for rehabilitation equipment which is also likely to boost
the demand for such kind of equipment. Moreover, favorable reimbursement
policies in the developed markets of the West are expected to stimulate market
growth as well.
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The global rehabilitation equipment market is slated to touch a value of about
US$ 13,400 Mn in the year 2022 and grow at a robust CAGR during the
assessment period.
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4 Forecast Highlights on Global Rehabilitation Equipment Market
As per the forecast of Persistence Market Research, the mobility equipment
product type segment is slated to touch a value of more than US$ 3,900 Mn in
the year 2022. This represents a robust CAGR growth during the assessment
period of 2017-2022. The mobility equipment product type segment is
estimated to account for more than one-fourth of the revenue share of the
product type segment by the year 2017 and is forecasted to lose market share by
2022 over 2017.
As per the forecast of Persistence Market Research, the rehabilitation centers
segment will reach a value of about US$ 3,350 Mn in the year 2017. This
represents a robust CAGR growth during the forecast period. The rehabilitation
centers segment is forecasted to account for nearly one-third of the total
revenue share of the end user segment by the end of the year 2017 and is
expected to lose in market share by 2022 as compared with the year 2017.
As per the forecast of Persistence Market Research, the physiotherapy segment
is slated to reach a value of more than US$ 9,800 Mn in 2022. The
physiotherapy segment is expected to gain market share by the end of the year
2022. The largest share is contributed by the Europe region in the
physiotherapy segment.
Persistence Market Research forecasts the Germany rehabilitation equipment
market to exhibit a compound annual growth rate (CAGR) of nearly 6% from