Global Outpatient Rehabilitation Centers Market Size study & Forecast, by Therapy Type (Physical Therapy, Behavioral Therapy, Neurological Therapy, Drug/Alcohol Addiction Treatment, Cognitive Rehabilitation Therapy, Others), by Age (Infants & Toddlers, Pediatric, Adults, Elderly) and Regional Analysis, 2022-2029
Global Outpatient Rehabilitation Centers Market is valued at approximately USD 79.8 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 7.09% over the forecast period 2022-2029. Outpatient rehabilitation centers are a type of healthcare service that provides treatment to those people who have cognitive limitations due to acute or chronic complications, neurological disorders, and orthopedic problems. These rehabilitation centers provide low-cost treatment to patients. Factors such as increasing spending on healthcare services, growing aging population, and rising adoption of a sedentary lifestyle are burgeoning the market demand across the globe.
According to the Department of Economic and Social Affairs, in 2019, the number of people aged 65 and more globally was recorded at 703 million. Also, the number of elderly people is expected to increase to 1.5 billion by 2050. Accordingly, the rising geriatric people are exhibiting a positive influence on the market as they require suitable and timely treatment, which, in turn, augments the market growth. In addition, the rising penetration of emerging technologies by outpatient rehabilitation centers and untapped opportunities in underdeveloped and developing countries are presenting various lucrative prospects for the growth of the market in the forthcoming years. However, a lack of awareness about outpatient rehabilitation centers and a dearth of skilled professionals are hindering market growth throughout the forecast period of 2022-2029.
The key regions considered for the Global Outpatient Rehabilitation Centers Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the space in terms of revenue, owing to the increasing expenditure on healthcare services and rising number of outpatient rehabilitation centers. Whereas, Asia Pacific is expected to grow significantly during the forecast period. Factors such as availability of favorable reimbursement policies, as well as rising inclination towards healthcare, are burgeoning the market growth in the forecasting years.
Major market players included in this report are:
Forrest Health
The Mount Sinai Health System
UAB Health System
Nanz medico GmbH & Co. KG
Beijing United Family Rehabilitation Hospital (BJURH)
Cambridge Medical & Rehabilitation Center
Lovelace Health System
Kimshealth Trivandrum
Unity Health Toronto
Baylor Scott & White Institute for Rehabilitation
Recent Developments in the Market:
In October 2021, Grandview Medical Center- a subsidiary of Community Health Systems entered into a partnership agreement with Select Medical Corporation in order to create a joint venture named Champion Sports Medicine Birmingham, LLC, which offers outpatient rehabilitation services in Birmingham.
Global Outpatient Rehabilitation Centers Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered
Therapy Type, Age, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.
The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Therapy Type:
Physical Therapy
Behavioral Therapy
Neurological Therapy
Drug/Alcohol Addiction Treatment
Cognitive Rehabilitation Therapy
Others
By Age:
Infants & Toddlers
Pediatric
Adults
Elderly
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the WorldCompanies Mentioned
Forrest Health
The Mount Sinai Health System
UAB Health System
Nanz medico GmbH & Co. KG
Beijing United Family Rehabilitation Hospital (BJURH)
Cambridge Medical & Rehabilitation Center
Lovelace Health System
Kimshealth Trivandrum
Unity Health Toronto
Baylor Scott & White Institute for Rehabilitation
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