Sales in the home rehabilitation services market are expected

NEWARK, Del, June 14, 2022 (GLOBE NEWSWIRE) — According to the latest analysis by Future Market Insight, the global home rehabilitation services market was valued at over US DOLLARS$ 84.1 Bn in 2021 and is expected to show a CAGR of nearly 4.8% over the forecast period (2022-2032).

The home rehabilitation services market is witnessing a high demand owing to the growing prevalence of chronic diseases, increasing disabled population and increasing number of baby boomers.

According to the World Health Organization, more than one billion people worldwide live with a disability. Some health conditions associated with a disability will result in low health care needs. In most parts of the world, people with disabilities face extreme barriers to accessing health and rehabilitation services.

It is essential for patients in home care not only to identify the stimuli of each subject, integrate them into daily life and increase the number of training sessions, but also to observe with tenderness and to attend with sympathy. Such a strategy would alleviate a subject’s anxiety while providing motivation and peace of mind.

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The increased awareness of the benefits of home-based rehabilitation services among physicians and patients, the growing trend of government home health care support and initiatives, and the growing adoption of telerehabilitation and health in line will offer even more attractive potential for market expansion.

“Increasing the popularity of telehealth services, along with the increasing demand for ortho-rehabilitation will augment the market growth over the assessment period,” states a IMF Analyst.

Key points to remember:

  • Sales in the ortho-rehabilitation segment are expected to grow at a CAGR of 5% over the assessment period.
  • The United States will dominate the home rehabilitation services market in North America and hold 92.8% of the total market share in 2021.
  • The demand for home rehabilitation services in China will grow at a CAGR of 5% until 2032.
  • Australia will become a lucrative pocket with demand growing at a CAGR of 4.6% over the forecast period.

Competition Countryside

Key service providers collaborate at all levels of the health system to build technical, policy and research capacity, as well as to increase political commitment and inspire leadership.

Various manufacturers also use modern technologies and support simple, low-cost service delivery methods to enable access to home and community rehabilitation where it is needed most. For instance:

  • At the end of 2020, ReLAB-HS launched a five-year initiative tailored to meet the growing need for physical rehabilitation services in low- and middle-income countries.

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Key Market Segments Covered by Home Rehabilitation Services Industry Research

By type of service:

  • Ortho Rehabilitation
  • Neurorehabilitation
  • Cardiopulmonary rehabilitation
  • Geriatric rehabilitation
  • Others

By region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East and Africa (MEA)

What factors are To hold onto demand for home rehabilitation services?

Despite the growing reach of services in developed countries, home telerehabilitation services tend to face many challenges in developing economies. Factors such as lack of required medical skills in e-health, data privacy apprehensions and lack of national e-health policies will hamper the growth of the home rehabilitation services market.

Most of the medical professionals are not well acquainted with the latest information technologies and also find it difficult to handle modern gadgets. There is a lack of telemedicine experts in many developing countries, which can hamper the demand for home-based rehabilitation services.

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More information about the Home Rehabilitation Services market report

Future Market Insights brings comprehensive research report on predicted revenue growth at global, regional and country level and provides analysis of latest industry trends in each of the sub-segments from 2017 to 2032.

The global home rehabilitation services market is segmented in detail to cover all aspects of the market and present the reader with a comprehensive approach to market intelligence. The study provides compelling insights into the Home Rehabilitation Services market segment based on By Services – (Ortho Rehabilitation, Neurorehabilitation, Cardiopulmonary Rehabilitation, Geriatric Rehabilitation, etc.) and across seven major regions.

Contents

1. Summary

1.1. Global Market Outlook

1.2. Demand Side Trends

1.3. Supply-side trends

1.4. Analysis and recommendations

2. Market Overview

2.1. Market Coverage / Taxonomy

2.2. Market Definition / Scope / Limits

2.3. Inclusions and exclusions

3. Key Market Trends

3.1. Key trends impacting the market

3.2. Product Innovation / Development Trends

4. Key success factors

4.1. Analysis of service adoption

4.2. Value chain analysis

4.3. Increased demand for emergency medical services

4.4. Unmet patient need for home rehabilitation

4.5. PESTEL analysis

5. Market Context

5.1. Macroeconomic factors

5.1.1. Global GDP Growth Prospects

5.1.2. Global Health Outlook

5.1.3. Global Life Sciences Industry Outlook

5.2. Predictors – Relevance and Impact

5.2.1. Increase in cases of chronic diseases

5.2.2. Technological advances

5.2.3. Growing number of health service providers

5.2.4. Increased investment in health

5.2.5. Government support and initiative

5.2.6. Rise of healthcare facilities in emerging economies

5.2.7. Growing demand for emergency medical care

5.3. Market dynamics

5.3.1. Drivers

5.3.2. Constraints

5.3.3. Opportunity analysis

6. COVID19 crisis analysis

6.1. COVID19 and impact analysis

6.1.1. By type of service

6.1.2. By supplier

6.1.3. By fleet

6.1.4. By country

6.2. Market scenario 2021

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