Market Overview:
The Asia Pacific Rehabilitation Equipment market is estimated at USD 8,127 Million in 2022 is projected to reach a revised size of USD 17,289.95 Million by 2030, growing at a CAGR of 8.75% over the period 2023-2030.
Disability poses a significant public health challenge, particularly in developing nations like India, Pakistan, Indonesia, Malaysia, and Australia. This issue is projected to worsen in the future due to the rising prevalence of non-communicable diseases and changes in the age distribution, resulting in increased demand for rehabilitation services. The challenges faced in developed and developing countries vary, and it is crucial to tailor rehabilitation measures to meet the specific needs of individuals with disabilities while promoting community involvement. The burden of disability is particularly high among the elderly population.
Top Key Players for Asia Pacific Rehabilitation Equipment Market:
- NIHON MEDIX (Japan)
- Ito Co. Ltd (Japan)
- NABELL Corporation (Japan)
- Easy Wheels Pte Ltd (Singapore)
- V2U Healthcare Pte Ltd (Singapore)
- Lifeline Corporation Pte Ltd (Singapore)
- HMS Medical Systems (India)
- Vissco Next (India)
- Johari Digital (India)
- HEMC (India)
- GPC Medical Ltd. (India)
- Siyi Intelligent Technology Co. Ltd. (China)
- Ningbo Greetmed Medical Instruments Co. Ltd. (China)
- Jiangsu Rixin Medical Equipment Co. Ltd. (China)
- TecnoBody S.r.l. (Italy) and Other Major Players
Market Dynamics and Factors:
Diabetes is a widespread health issue worldwide, requiring a comprehensive and lifelong approach to treatment. The main objectives of diabetic rehabilitation are to achieve proper blood sugar control, enhance the quality of life, prevent complications, and educate patients about their condition. Among the various complications, diabetic foot wounds (DFWs) pose a significant threat. In advanced stages, especially after amputation surgery, patients are often referred to rehabilitation facilities. Including rehabilitation practices in all stages of diabetic care is crucial for preventing and managing DFWs.
Despite the availability of effective and safe prevention strategies worldwide, cardiovascular disease (CVD) remains the leading cause of death and premature mortality. Government and NGO bodies are implementing initiatives to raise awareness about the importance of rehabilitation services and encourage individuals to seek help from rehab centres. Initiatives undertaken by other economies in this region are expected to offer favourable opportunities for market players in the foreseeable future.
Asia Pacific Rehabilitation Equipment Market Report Highlight:
- By Product, the exercise equipment segment is anticipated to dominate the market over the forecast period. Physical rehabilitation equipment varies from simple to advanced, serving different purposes. Treadmills aid in cardiovascular exercise and provide insights into a patient's movement. Stationary bikes offer low-impact fitness benefits, allowing exercise during injury recovery.
- By Application, the physiotherapy segment is anticipated to dominate the market over the forecast period. Cricket, football, tennis, and major tournaments are popular sports topics in the Asia-Pacific region. Sports physiotherapy is increasingly significant in promoting an active lifestyle and athletic excellence, according to the International Federation of Sports Physical Therapy (IFSPT). From weekend warriors to professional athletes, everyone can benefit from sessions with a sports physiotherapist to prevent and rehabilitate injuries.
- By End Users, the hospitals & clinics segment is expected to dominate the market over the forecast period. Hospitals and clinics in low-middle-income countries serve as primary healthcare settings, providing a wide range of affordable services under one roof. They offer support for insurance policies, simplifying the reimbursement process. These healthcare facilities have adequate funds, space, advanced equipment, and skilled professionals to set up dedicated premises for rehabilitation.
- Japan is expected to dominate the market over the forecast period. Japan, with its ageing population, has the world's largest rehabilitation workforce, primarily providing therapist-led rehabilitation through the healthcare system. To address population aging issues, there is growing interest in evidence-based care. Japan introduced the VISIT system in 2018 and the CHASE system in 2020 to enhance long-term care quality.
Key Industry Development:
- In April 2022, Ito Co., Ltd signed an official supplier agreement with The Japan Lacrosse Association. Since 2018, the company has been providing combination therapy devices for conditioning support to both the men's and women's national teams.
- In February 2022, Ito Co., Ltd. formed a partnership with Rihasaku Co., Ltd., a provider of exercise therapy cloud systems. The company has begun the menu for linking "ITO-InBody" and the exercise therapy cloud system "Rehasaku" with this collaboration
.Asia Pacific Rehabilitation Equipment Market Segmentation:
By Product
- Daily Living Aids
- Exercise Equipment
- Body Support Devices
- Mobility Equipment
By Application
- Physiotherapy
- Occupational Therapy
- Others
By End User
- Hospitals & Clinics
- Rehab Centers
- Homecare Settings
- Physiotherapy Centers
Others For this report, Introspective Market Research has segmented the Asia Pacific Rehabilitation Equipment Market based on region:
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
Asia Pacific
- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New Zealand
- Rest of APAC
