The Latin America, Middle East and Africa Rehabilitation Equipment Market would witness market growth of 13.3% CAGR during the forecast period (2023-2029).
The market for rehabilitation items is anticipated to expand generally favorably. This is mostly pertinent to developed economies, where access to modern medical facilities and drugs is greater than in developing nations. Due to the increase in healthcare facilities, a significantly bigger patient pool that can access and afford medical rehabilitation treatments has emerged in emerging nations.
As a result, the market for rehabilitation equipment in emerging economies is predicted to expand rapidly over the forecast period. The physiotherapy area uses exercise equipment to help people recover from injuries or diseases that get worse over time. The method of occupational therapy is more all-around. During the period of the projection, the market is expected to be driven by changes in lifestyle, a rise in physiotherapy clinics, and reforms that help healthcare.
Robotics, exoskeletons, implanted technologies for pain management, and other technological developments are also important market drivers for rehabilitation equipment in physiotherapy, as is the growing need in developing countries. Occupational therapy looks at the patient, the patient's family, and the patient's surroundings as a whole to help the patient do everyday tasks more easily.
In Israel, many illnesses, disabilities, and fatalities are brought on by chronic diseases and disorders such as arthritis, diabetes, cancer, diabetes-related complications, and heart disease. The patient's and their family's quality of life is harmed by chronic diseases, which also significantly burden the healthcare system. Long-term illnesses were to blame for more than 60% of deaths in Israel in 2013. Seven of the top 10 causes of mortality were chronic illnesses, and when heart disease and cancer are combined, they account for over 42% of all fatalities. Egypt's main causes of death are noncommunicable diseases (NCDs), such as heart disease, cancer, and chronic lung conditions. In Egypt, it is estimated that 82% of all deaths and 67% of premature deaths are due to NCDs.
The Brazil market dominated the LAMEA Rehabilitation Equipment Market by Country in 2022, and would continue to be a dominant market till 2029; thereby, achieving a market value of $742.1 million by 2029. The Argentina market is estimated to grow a CAGR of 13.9% during (2023 - 2029). Additionally, The UAE market would display a CAGR of 13% during (2023 - 2029).
Based on Application, the market is segmented into Physiotherapy, Occupational Therapy and Others. Based on Product Type, the market is segmented into Mobility Aids, Daily Living Aids, Exercise Equipment and Body Support Devices. Based on Mobility Aids Type, the market is segmented into Wheelchairs, Scooters and Walking Aids. Based on Daily Living Aids Type, the market is segmented into Medical Beds and Bathroom, Toilet Assist Devices & Others. Based on Exercise Equipment Type, the market is segmented into Upper Body Exercise Equipment and Lower Body Exercise Equipment. Based on Body Support Devices Type, the market is segmented into Patient Lifts and Medical Lifting Slings. Based on End User, the market is segmented into Hospitals & Clinics, Rehabilitation Centers and Homecare Settings. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Worldwide Rehabilitation Equipment Market is Projected to reach USD 32.3 Billion by 2029, at a CAGR of 7.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Invacare Corporation, Ekso Bionics Holdings, Inc., ReWalk Robotics Ltd., Baxter International, Inc., Medline Industries, Inc., GF Health Products, Inc., Drive DeVilbiss Healthcare (Medical Depot, Inc.), Roma Medical Aids Limited, Hospital Equipment Mfg. Co. and Caremax Rehabilitation Equipment Co. Ltd.
By Application
By Product Type
By End User
By Country
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