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on May 15, 2024
Overview and Scope
Smart portable rehabilitation devices are compact, wearable, and portable devices that incorporate sensory information and computer control to provide rehabilitation and assistance to users with various physical and cognitive disabilities. These devices are designed to be easily transportable by the patients, allowing them to use them at home and potentially saving time and money on costly trips to specialized facilities.
Sizing and Forecast
The smart portable rehabilitation devices market size has grown rapidly in recent years. It will grow from $2.49 billion in 2023 to $2.88 billion in 2024 at a compound annual growth rate (CAGR) of 15.6%. The growth in the historic period can be attributed to increasing cases of disability among population, increasing use of virtual reality in treating patients, increasing adoption of vr technology in healthcare.
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Segmentation & Regional Insights
The smart portable rehabilitation devices market covered in this report is segmented –
1) By Type: Daily Living Aids, Mobility Equipment, Exercise Equipment, Body Support Devices
2) By Rehabilitation Type: Passive Rehabilitation, Active-Assistive Rehabilitation
3) By End-User: Hospitals And Clinics, Rehabilitation Centers, Physiotherapy Centers, Other End-Users
North America was the largest region in the smart portable rehabilitation devices market in 2023. The regions covered in the smart portable rehabilitation devices market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Major Driver Impacting Market Growth
The rising geriatric population is expected to propel the growth of the smart portable rehabilitation devices market going forward. The geriatric population refers to the segment of the population composed of elderly individuals or senior citizens. Smart portable rehabilitation devices help geriatric individuals maintain their independence and autonomy by providing them with the tools to monitor their health and engage in rehabilitation activities at their own pace. For instance, in October 2022, according to the World Health Organization, a Switzerland-based intergovernmental organization, the share of the population aged 60 years and over increased to 1.4 billion in 2022, and the world’s population of people aged 60 years and older is expected to reach 2.1 billion by 2050. Therefore, rising geriatric populations are driving the growth of the smart portable rehabilitation devices market.
Key Industry Players
Major companies operating in the smart portable rehabilitation devices market report are Medline Industries Inc., Invacare Corporation, Caremax Rehabilitation Equipment Ltd, Hinge Health, Drive Devilbiss Healthcare, Kinova Robotics, GF Health Products Inc. , Dynatronics Corporation, Bioness Inc., Motion Composites, MindMaze, Neofect, Hocoma, Tyromotion, Myomo Inc., Esko Bionics, AlterG, ReWalk Robotics, LiteGait, suitX, Rifton Equipment, InnoMotion, Reha Technology AG, Rex Bionics, Kinestica, Ankon Medical Technologies, DyCare, Bionik Laboratories
The smart portable rehabilitation devices market report table of contents includes:
1. Executive Summary
2. Smart Portable Rehabilitation Devices Market Characteristics
3. Smart Portable Rehabilitation Devices Market Trends And Strategies
4. Smart Portable Rehabilitation Devices Market - Macro Economic Scenario
5. Global Smart Portable Rehabilitation Devices Market Size and Growth
…
32. Global Smart Portable Rehabilitation Devices Market Competitive Benchmarking
33. Global Smart Portable Rehabilitation Devices Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Smart Portable Rehabilitation Devices Market
35.Smart Portable Rehabilitation Devices Market Future Outlook and Potential Analysis
36. Appendix
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