Europe Gait Rehabilitation System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Mechanical Type, and Computer-aided), End User (Hospital, Clinic, Rehabilitation Center, and Other)
The Europe gait rehabilitation system market is expected to reach US$ 122.6 million by 2028 from US$ 85.4 million in 2021. The market is estimated to grow at a CAGR of 5.3% from 2021 to 2028. The rising prevalence of joint and orthopedic diseases has triggered the demand for joint pain therapy and muscle ailment relief procedures. As per the World Health Organization (WHO) factsheet updated in 2018, musculoskeletal conditions are the second-largest contributor to disabilities worldwide. Moreover, the prevalence and impact of these disorders are expected to rise with the increase in the aging population and rise in many risk factors associated with noncommunicable diseases (NCDs).
Further, osteoarthritis (OA), caused by the breakdown of joint cartilage between bones, is one of the most common joint disorders. It is also known as degenerative joint disease or wear and tear arthritis. According to the National Health Service (NHS) data, in December 2018, more than 10 million people in the UK had arthritis or similar conditions affecting joints. Gait rehabilitation systems are the primary therapy devices used by people from all age groups, generally without seeking a physician's prescription. Thus, the elevating number of people suffering from sports injuries and orthopedic diseases is contributing to the Europe gait rehabilitation system market.
Based on product type, the mechanical segment is expected to register the largest market share during the forecast period. In 2021, the mechanical segment held the largest market share in this regional market. The growth of this segment is attributed to the rising incidence of neurological disorders, surging number of sports injuries, and orthopedic diseases cases are among the other factors. Moreover, the Computer-aided segment is expected to witness the fastest growth during the forecast period due to increasing preference by patients for automated and robotic-assisted therapies.
The Europe gait rehabilitation systems market suffered a shortage at the start of the COVID-19 crisis due to supply chain disruption and demand due to the lockdown announced by most European countries. Market participants and end users are losing their business due to the temporary closure of industries in various regions. The COVID-19 pandemic impacted populations worldwide, presenting new challenges and opportunities for different types of new and existing technologies. Social Assistive Robotics could be one of the potential tools for supporting the clinical care areas, encouraging physical distancing, and reducing the rate of infection. The main tasks of the robot are to monitor physiological progress and encourage social interaction with human distancing during sessions. Regarding the robot's role within conducting the therapy, health care workers have agreed (> 95%) that this tool could promote physical distancing, which is beneficial towards aiding neuro-rehabilitation during the pandemic. These results suggest that the benefits of this tool can be further implemented during the pandemic.
The overall Europe gait rehabilitation system market size has been derived using both primary and secondary sources. To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market. The process also serves the purpose of obtaining an overview and forecast for this regional market with respect to all the segments pertaining to the region. Also, multiple primary interviews have been conducted with industry participants and commentators to validate the data and gain more analytical insights into the topic. Participants of this process include industry experts, such as VPs, business development managers, market intelligence managers, and national sales managers, along with external consultants, such as valuation experts, research analysts, and key opinion leaders, specializing in this regional market. Companies adopt a few strategies, such as mergers and acquisitions and new initiatives, to promote market growth. zebris Medical GmbH; PRODROMUS SA; Reha Technology AG; DIH Medical; Meditouch; HIWIN Corporation; Restorative Therapies, Inc.; Meden-Inmed Sp. z o.o.; and Groupe WINNCARE are the leading players in the market.
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