Home Rehabilitation Products and Services Global Strategic Business Report 2024: COVID-19 Accelerates the Aging-In-Place Trend, Spurring Opportunities - Forecast to 2030

Dublin, April 16, 2024 (GLOBE NEWSWIRE) -- The "Home Rehabilitation Products and Services - Global Strategic Business Report" report has been added to * ResearchAndMarkets.com's* offering.

*Global Home Rehabilitation Products and Services Market to Reach $158.2 Billion by 2030*

The global market for Home Rehabilitation Products and Services estimated at US$101.7 Billion in the year 2023, is projected to reach a revised size of US$158.2 Billion by 2030, growing at a CAGR of 5.7% over the analysis period 2023-2030.

Wheelchairs, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$53.9 Billion by the end of the analysis period. Growth in the Body Support Devices segment is estimated at 5.3% CAGR for the next 8-year period.

*The U.S. Market is Estimated at $39.4 Billion, While China is Forecast to Grow at 7.4% CAGR*

The Home Rehabilitation Products and Services market in the U.S. is estimated at US$39.4 Billion in the year 2023. China, the world's second largest economy, is forecast to reach a projected market size of US$21.5 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2023 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.9% and 5.2% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

*Key Attributes:*

*Report Attribute* *Details*
No. of Pages 509
Forecast Period 2023 - 2030
Estimated Market Value (USD) in 2023 $101.7 Billion
Forecasted Market Value (USD) by 2030 $158.2 Billion
Compound Annual Growth Rate 6.5%
Regions Covered Global*MARKET OVERVIEW*

· Influencer Market Insights
· World Market Trajectories
· Home Rehabilitation Products and Services - Global Key Competitors Percentage Market Share in 2023 (E)
· Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
· What is Home Rehabilitation? - Definition/Scope, Benefits & Types of Rehabilitation Products & Services
· Recent Market Activity
· Innovations

*MARKET TRENDS & DRIVERS*

· COVID-19 Accelerates the Aging-In-Place Trend, Spurring Opportunities for Home Rehabilitation Products
· Aging-In Place Gains in Popularity Because There is No Place Like Home
· The Devastatingly High COVID-19 Mortalities in Senior Homes & Nursing Homes Accelerates the Focus on Aging-In-Place
· The Age of COVID-19 Brings Telerehabilitation Into the Spotlight
· Shift to Value Based Care Models, Urgent Need to Reduce Primary Care Burden, Curtail Rising Healthcare Costs & Shift to Alternate Care Sites Create a Medley of Factors Positively Influencing Home Rehabilitation
· Emergence of Value-Based Health - A New Healthcare Paradigm to Contain Spiraling Healthcare Costs
· Alternative Care Models for Delivery of Healthcare to Alleviate Burden on Hospitals
· Therapy and Rehabilitation Outside the Hospital Settings
· Here's Why Homecare is Cost Effective
· Rising Incidence of Disability: A Grim Reality Driving the Home Rehabilitation Market
· Percentage of Population with Disabilities by Age Group
· Aging Population A Key Demographic Driver of Growth of Assisted Living Technologies & Solutions
· Global Aging Population Statistics for the 65+ Age Group in Million by Geographic Region for the Years 2019, 2025, 2035 and 2050
· Rapidly Expanding Market for Geriatric Care Services Bodes Well for Home Rehabilitation of the Elderly: Global Market for Geriatric Care Services (In US$ Million) for the Years 2018, 2020 and 2023
· Here's How COVID-19 is Increasing the Reliance of the Elderly on Assisted Living Technologies
· Chronic Disease Management & Associated Costs Drive Demand for Rehabilitation Products & Services
· Rising Prevalence of Chronic Diseases Amplifies the Role of Alternate Care Sites & Highlights the Need for Home Rehabilitation Technologies: Global Cost of Chronic Diseases (In US$ Billion) for the Years 2018 and 2030
· Rising Healthcare Costs Accelerates the Shift to Low Cost Alternate Care Sites Including Patient Centered Medical Homes
· Rising Healthcare Costs Outstripping Global GDP Growth Puts Pressure On Health Systems to Bend the Cost Curve: World Healthcare Expenditure (In US$ Billion) for the Years 2017-2023
· Growing Burden of CVD Drives Focus on Home Based Cardiac Rehabilitation
· Here's Why CVD is Growing & Its Implications
· How Home-Based Cardiac Rehabilitation Can Help
· Global Annual Medical Cost of CVD in US$ Billion (2010-2030)
· Growing Burden of COPD Drives Demand for Home-Based Pulmonary Rehabilitation
· Here's Why Home-Based Pulmonary Rehabilitation for COPD is Growing in Popularity
· Global Prevalence of COPD by Age Group: Percentage of Men and Women Affected by the Condition
· Wheelchairs Remain the Fastest Growing Mobility & Rehabilitation Product Technology
· High-tech Wheelchairs for Spinal Cord Injury Patients
· Powered Wheelchairs: Superior Attributes over Manual Wheelchairs Drive Demand
· Global Wheelchair Sales (In 000 Units) for Years 2021 & 2027
· Stair Lifts: Enabling Easy Movement for Immobile Individuals
· Design Modifications and Infrastructure Development in Care Facilities & Residences Propels Market
· Challenges Confronting Home Rehabilitation Products & Services

*FOCUS ON SELECT PLAYERS**(Total 168 Featured) *

· Action Manufacturing, Inc.
· Advanced Mobility Systems Corporation
· AAT Alber Antriebstechnik GmbH
· Aergo ltd.
· AbilityOne Products
· AigleMed
· Adapted Vehicle Hire
· Ability Center
· American Ambulance Company
· Amble Technologies
· Accessible Mobility Center
· A&A Medical Supply
· All About Medical Transportation
· Adaptanza
· AddSeat by AddMovement

For more information about this report visit https://www.researchandmarkets.com/r/t6klw

*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

*Attachment*

· Home Rehabilitation Products and Services Market

CONTACT:
CONTACT: ResearchAndMarkets.com
Laura Wood,Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./ CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900