(MENAFN- Introspective Market Research)
The Asia Pacific Rehabilitation Equipment Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
Especially in emerging nations like India, Pakistan, Indonesia, Malaysia, and Australia, disability is a significant public health issue. Since non-communicable diseases are on the rise and the age makeup of the population is changing due to longer life expectancies, there will be an increase in the need for rehabilitation services in the future. Rehabilitative procedures should be customised to the requirements of the disabled while encouraging community involvement as the difficulties differ in industrialised and developing nations. The elderly population is more affected by impairment. The Asia-Pacific region is leading the world in the phenomena of population ageing and is seeing an unheard-of increase in the ageing group.
According to UNFPA, one in every four people in Asia and the Pacific will be over 60 by 2050. Between 2010 and 2050, the region's population of older people (aged over 60) will triple, reaching nearly 1.3 billion people. This age group is the most prone to non-communicable disorders which require rehabilitation thus, supporting the development of the rehabilitation equipment market over the forecasted period.
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The Major Players in The Global Asia Pacific Rehabilitation Equipment Market:
• NIHON MEDIX
• Ito Co., Ltd
• NABELL Corporation
• Easy Wheels Pte Ltd
• V2U Healthcare Pte Ltd
• Lifeline Corporation Pte Ltd
• HMS Medical Systems
• Vissco Next
• Johari Digital
• HEMC
• GPC Medical Ltd.
• Siyi Intelligent Technology Co. Ltd.
• Ningbo Greetmed Medical Instruments Co. Ltd.
• Jiangsu Rixin Medical Equipment Co. Ltd.
• TecnoBody S.r.l. and Other Major Players.
Market has segmented the Global Asia Pacific Rehabilitation Equipment Market on the basis of Product, application, and region:
By Product:
• Daily Living Aids
• Exercise Equipment
• Body Support Devices
• Mobility Equipment
By Application:
• Daily Living Aids
• Exercise Equipment
• Body Support Devices
• Mobility Equipment
By Regional Outlook (Revenue, USD Billion, 2022 – 2028)
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Southeast Asia, Rest of APAC)
• Middle East & Africa (GCC Countries, South Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of South America)
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Covid-19 Impact and Recovery Analysis on Industry:
Global trade was reportedly hampered by the manufacturing slowdown in China brought on by the coronavirus (COVID-19) outbreak, which decreased exports by an estimated USD 50 billion across global value chains, according to estimates from UNCTAD. The nation's crucial production index, the manufacturing Purchasing Manager's Index (PMI), dropped by around 22 points to 37.5 in February 2020, the lowest level since 2004. Such a decline in output means a 2% drop in exports annually. China has evolved as the main manufacturing hub for many international commercial operations, thus each particular country will be affected by a slowdown in Chinese output depending on how dependent its sectors are on Chinese suppliers.
This affected the rehabilitation equipment manufacturing companies as well. Prominent players operating in the country as well as in the Asia Pacific region were short of supplies required for the production of new equipment.
Reasons to purchase the report:
• Visualize the composition of the Global Asia Pacific Rehabilitation Equipment Market products in terms of Product and application highlighting the critical commercial assets and players.
• Identify commercial opportunities in the Global Asia Pacific Rehabilitation Equipment Market by analyzing trends and co-development deals.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
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