The global demand for Smart Portable Rehabilitation Devices Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
Smart Portable Rehabilitation Devices are a special class of compact wearable rehabilitation devices which are reprogrammable and are computer-controlled for real-time operations. These devices are provisioned with sensors for versatile and efficient active-assistive rehab. This class of highly adaptive Devices can be used in gait training and resistance exercises making the patients self-independent and highly motivated in the path towards recovery. The three devices currently in use are an elbow device with passive motion, a knee resistance device based on electro-rheological fluid, and an electrically stimulated biofeedback knee device.
Market Dynamics
The Growing need for portable, compact rehabilitation devices with real-time monitoring of the recovery process will be the key driving force behind the growth of this market. The rising geriatric population and growing awareness of the versatility of these wearable devices will further propel the market growth. Increase in the number of injuries among sportsmen and from accidents will account for a major share of this market. The growing demand for these devices since they can greatly reduce the overload of healthcare facilities will be a market booster. This market will have a minimal impact due to COVID-19. The high cost associated with the development and production of these devices will be the key factors hampering the growth of this market.
The report covers Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Smart Portable Rehabilitation Devices.
Market Segmentation
The entire smart portable rehabilitation devices market has been sub-categorized into rehabilitation type, product type and end-user. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Rehabilitation Type- Passive Rehabilitation
- Active-Assistive Rehabilitation
By Product Type- Daily Living Aids
- Mobility Equipment
- Exercise Equipment
- Body Support Devices
By End-User- Hospitals & Clinics
- Rehabilitation Centers
- Physiotherapy Centers
- Others
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for smart portable rehabilitation devices market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Smart Portable Rehabilitation Devices Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the smart portable rehabilitation devices market include Invacare Corporation, Medline Industries, Inc., Dynatronics Corporation, Drive Devilbiss Healthcare, Esko Bionics, Caremax Rehabilitation Equipment Ltd., GF Health Products, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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