Rehabilitation Equipment Market Global Industry Growth And Trend Analysis

North America Rehabilitation Equipment Market Overview

The North America Rehabilitation Equipment Market was valued at USD 4.28 Billion in 2023 and is projected to reach USD 6.93 Billion by 2032, growing at a CAGR of 5.5% from 2024 to 2032.

• Rehabilitation refers to the care required when a person is experiencing or is likely to experience limitations in daily functioning as a result of aging or a health condition, such as chronic diseases or disorders, injuries, or trauma. Rehabilitation is defined by the World Health Organization (WHO) as "a set of interventions designed to optimize functioning and reduce disability in individuals with health conditions interacting with their environment." Furthermore, rehabilitation is now regarded as an urgent and growing global issue. The global population is aging, and the number of people suffering from non-communicable diseases is rising. According to World Bank Data, 17% of the total population in the North American region was 65 years old or over in 2021 which is estimated to reach 19.6% and 22.6% by 2027 and 2050 respectively. For Mexico, the stats stood at 9.3% in 2027 and 17% in 2050. This increase in the geriatric population in the North American region is anticipated to support the development of the rehabilitation equipment market over the forecasted period.

Market Dynamics and Factors for North American Rehabilitation Equipment Market

Drivers:

Increasing Burden of Non-Communicable Disorders Such as Heart Attack

• Heart disease is the leading cause of death in the United States for people of most racial and ethnic groups, including African Americans, American Indians, Alaska Natives, Hispanics, and white men. Heart disease is the second leading cause of death in Pacific Islander women, as well as Asian American, American Indian, Alaska Native, and Hispanic women. In the United States, one person dies from cardiovascular disease every 34 seconds. In 2020, approximately 697,000 people in the United States died from heart disease, accounting for one out of every five deaths. Additionally, a heart attack occurs every 40 seconds in the United States. Every year, approximately 805,000 people in the United States suffer from a heart attack. 605,000 of these people have a heart attack for the first time. Diabetes has been identified as the leading cause of the rise in the number of heart attacks.
• Cardiac rehab assists people in reducing their chances of having a second heart attack by outlining an individualized plan for safely improving physical health and identifying and managing other risk factors. Cardiac rehab can help prevent a second heart attack and lower the risk of death for one to three years after participation, but only 20 to 30% of those eligible enroll in a cardiac rehab program each year. Thus, there is a need for awareness programs in this region to increase individual participation. Moreover, most insurance companies provide coverage for a 12-week cardiac rehab program with a total of 36 sessions. Supportive insurance coverage coupled with awareness initiatives is anticipated to bolster the development of the rehabilitation equipment market in the projected period.

Restraints:

Residential Rehab are more expensive as compared to Community Rehab Centers

• Rehabilitation in home care settings can be an expensive option. Though there are numerous benefits offered by residential rehab, the cost of adding ramps, railings, and chairlifts can make such programs costly and difficult to organize. Furthermore, the cost of hiring therapists also adds up as experts are required during the rehabilitation sessions. Outpatient therapists can divide their time between more patients and earn an hourly wage, whereas most in-home therapists are paid based on the number of patients they see and the specific tasks they perform. This cost is naturally passed on to the patient, which means that individuals will most likely pay significantly more to be seen at home than they would at a treatment facility.

Opportunities:

The Rise in The Number of Road Accidents and Neurological Disorders

• Some common conditions, such as Spinal Cord Injury, Stroke, Multiple Sclerosis, and Parkinson's, can cause varying degrees of spasticity, muscle weakness, impaired coordination and balance, and difficulty speaking and swallowing. Individuals with a neurological condition have a high chance of recovery in both the early and late stages of rehabilitation after an injury. New rehabilitation approaches, alone or in combination with pharmacological intervention, could improve the recovery process. For instance, rehabilitation of movement after a stroke necessitates repeated practice as well as learning and brain changes.
• Brain stimulation is critical in the treatment of stroke patients. If a person is having difficulty with daily activities, rehabilitation can help them develop strategies to complete the same tasks in a different way or through the use of assistive technology. Physiotherapy and occupational therapy can assist patients in improving their daily activities as well as their mobility. Parkinson's disease affects nearly one million people in the United States. By 2030, this figure is expected to rise to 1.2 million. Parkinson's disease is the second most common neurodegenerative disease, following Alzheimer's. As the disease progresses, physical therapy can help Parkinson's disease patients maintain mobility and physical abilities. Thus, the increasing number of neurological disorders across the US will in turn create opportunities for market players operating in the North American rehabilitation equipment market.

Regional Analysis Of North American Rehabilitation Equipment Market

• The United States of America is the major country driving the development of the North American rehabilitation equipment market. The rising prevalence of age-related disorders like dementia, Alzheimer's, and osteoporosis has increased the demand for bathroom and toilet assistance devices. The risk of paralysis is increasing as the incidence of stroke, spinal cord injury, and multiple sclerosis rises. According to the National SCI Statistical Center (NSCISC) 2021 Spinal Cord Injury Data Sheet, approximately 18,000 new spinal cord injuries are reported each year in the United States, and approximately 253,000 to 378,000 people live with SCI. Similarly, according to the WHO 2019 report, one in every two adults in the United States has a musculoskeletal condition. Thus, the growing prevalence of musculoskeletal injuries and other injuries is anticipated to support the growth of the rehabilitation equipment market in the USA.
• The rehabilitation equipment market in the Canadian province is anticipated to develop at a significant growth rate after the USA. The national professional association is the Canadian Physiotherapy Association (CPA). The CPA is made up of eleven provincial branches and fourteen territorial councils. Acupuncture, cardiorespiratory, neurosciences, oncology, orthopedics, pediatric, and senior health divisions are among the specialty divisions of the Canadian Physiotherapy Association. Furthermore, Canada's national health care system, also known as Medicare, ensures that all citizens have reasonable access to hospital and physician services. The government regulates and reimburses private entities that provide the majority of services. Thus, supportive government policies coupled with high-standard professional services are the major factors driving the growth of the market in the Canadian province.

Segmentation Analysis of North American Rehabilitation Equipment Market

• By Product, the mobility equipment segment is anticipated to have the highest share of the market over the analysis period. Wheelchairs and scooters, power wheelchairs, mobility scooters, and manual wheelchairs are examples of mobility equipment. Users benefit from these devices in a variety of ways, including increased independence, reduced pain, and increased confidence and self-esteem. Wheelchairs are used by people who cannot or should not put weight on their lower limbs. They may be more suitable than walkers for people with severe disabilities or long distance travel. Wheelchairs can be propelled manually by the user, pushed by someone else, or powered by electricity. In 2016, a wheelchair propelled by neural impulses was designed thus, innovations in this segment are the major booster for the segment growth over the forecasted period.
• By Application, the physical therapy segment is expected to dominate the North American Rehabilitation market in the projected period. Physical therapists are movement experts who improve people's quality of life by prescribing exercise, providing hands-on care, and educating patients. They are also problem solvers who are driven to help their patients get back on their feet. PTs work to restore mobility, reduce pain, and improve gross motor skills, all while promoting function and independence and preventing disability. Gross motor skills are used in the movement and coordination of the arms, legs, and other large body parts and are typically developed in childhood. The growing geriatric population coupled with the increase in accidents are the main factors driving the segment's growth.
• By End User, the hospitals and clinics segment is estimated to account for the largest share of the rehabilitation equipment market. Medical beds, slings, hoists, and bathroom and toilet assist devices are examples of common rehabilitation equipment used in hospitals. The prevalence of diseases/conditions requiring hospital-based treatment is increasing the demand for this equipment. Furthermore, rehabilitation programs conducted in hospitals & clinics are covered by several insurance policies thus, several individuals prefer these care setting systems for rehabilitation sessions. Hospitals & clinics have sufficient funds for the purchase of advanced equipments thus, strengthening the development of the segment over the analysis period.

Top Key Players Covered In North American Rehabilitation Equipment Market

• Caremax Rehabilitation Equipment Co., Ltd.      
• Carex Health Brands, Inc.
• DJO North America Inc. (Colfax Corporation)     
• Drive DeVilbiss Healthcare LLC    
• Dynatronics Corporation
• Ekso Bionics Holdings Inc.
• GF Health Products Inc.   
• Hill-Rom Services Inc.      
• Baxter International
• Invacare Corporation      
• Joerns Healthcare LLC     
• Medline Industries, Inc.   
• Roma Medical Aids Ltd.   
• Sunrise Medical, Inc.        
• TecnoBody S.r.l. and Other Major Players.

Key Industry Developments In North American Rehabilitation Equipment Market

• In November 2024, Academy Medtech Ventures (AMV) announced the launch of Move PT, an innovative digital health platform aimed at enhancing rehabilitation care and improving patient outcomes. Utilizing advanced artificial intelligence (AI), computer vision (CV), and remote therapeutic monitoring (RTM), Move PT provides physical therapists, orthopedic surgeons, and healthcare providers with data-driven insights for more precise, personalized patient care. This platform supports both in-person clinical settings and remote care, revolutionizing the rehabilitation process.
• In February 2023, MindMaze announced the launch of Izar, a groundbreaking FDA-listed and CE-marked smart peripheral designed for patients with hand motor function impairments. Izar addresses a critical gap in neurological care, offering effective treatment for conditions such as stroke, Parkinson’s disease, and traumatic brain injury. This innovative device enables clinics to provide in-clinic or remotely supervised self-training programs, enhancing the quality and dosage of rehabilitation. With hyper-sensitive technology, Izar captures fine grasp forces and wrist movements, facilitating recovery for the most impaired patients.