The cardiopulmonary rehabilitation equipment market valued at more than USD 2.5 billion in 2019, owing to the increasing prevalence of cardiac and pulmonary disorders due to acceptance of unhealthy lifestyles. Rising incidences of chronic disorders such as obesity, cardiovascular disorders (CVD) and chronic obstructive pulmonary disease (COPD) worldwide is stimulating the demand for rehabilitation equipment. Additionally, according to a published report, one in every three adults worldwide suffers with multiple chronic conditions (MCC). As a result, the geriatric population is highly recommended to undergo rehabilitation therapy, thereby leading to an increased demand for rehabilitation equipment. Chronic conditions in elderly patients are associated with a functional impairment such as vision, hearing and physical impairment that results in an increased need for medical care, including, physical rehabilitation. According to the Centers for Disease Control and Prevention (CDC), approximately 85% of the geriatric population suffers with at least one chronic health condition.
The growing geriatric population coupled with the rising prevalence of chronic diseases will uplift the rehabilitation equipment market growth. Request a sample of this research report at Therefore, the demand for rehabilitation equipment in order to allow hospital and home rehabilitation is significantly increasing. As a result, healthcare providers are engaged in providing musculoskeletal rehabilitation programs such as vocational rehabilitation and occupational rehabilitation programs to address the patients requiring musculoskeletal rehabilitation. An increasing number of people suffering with amputation, tendon tears, back pain, osteoporosis, arthritis and repetitive stress injuries such as sprains, strains and joint dislocations is augmenting the adoption of rehabilitation therapy. Musculoskeletal disorders are one of the major causes of disability worldwide. Growing incidences of musculoskeletal disorders will stimulate the demand for rehabilitation equipment.
7, 2021 /PRNewswire/ - According to the latest report "Rehabilitation Equipment Market by Product (Cardiopulmonary Rehabilitation Equipment, Musculoskeletal Rehabilitation Equipment, Neurological Rehabilitation Equipment), Regional Outlook, Price Trends, Competitive Market Share & Forecast 2026", by Global Market Insights, Inc., the market valuation of rehabilitation equipment will cross $31.2 billion by 2026.
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