Rising Demand Drives Rehab Equipment Market Healthy Growth by 2022

Chicago, IL -- (SBWire) -- 05/31/2017 --According to the new market research report, "Rehab Equipment Market, by Type (Mobility (Wheelchair, Assist Device), Body Support (Lift, Sling), Exercise (Upper, Lower Body), Living Aids (Reading, Writing), Application (Physiotherapy, OT), End User (Hospital, Clinic, Home Care) - Forecasts to 2021 – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022", published by Scalar Market Research, the global medical plastics market is set to witness growth at a steady rate, during the forecast period.

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The global Rehab Equipment Market report offers in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key players, premium insights, technology trends and forecast to 2022. It also focuses on the key drivers and opportunities in this market.

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KEY PREMIUM INDUSTRY INSIGHTS

1. The growth of Rehabilitation Equipment Market is mainly driven by factors such as growing incidence of disabilities resulting from non-communicable diseases, favorable healthcare reforms, and rapid growth in the geriatric population coupled with the rising prevalence of chronic diseases.

2. However, a high cost & maintenance expense of rehabilitation equipment is the key factor that is expected to restrain the growth of this market to a certain extent.

Currently, North America dominates the Rehab Equipment market, followed by Europe. However, the Asia-Pacific market is expected to witness the highest growth during the forecast period. The high growth in this market can be attributed to infrastructural improvements in healthcare facilities, growth in the geriatric population, increasing prevalence of orthopedic disorders, and growing disposable incomes in this region.

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