Medical Rehabilitation Services Market Size

  • Report ID: 6529
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Medical Rehabilitation Services Market Size

Medical Rehabilitation Services Market size is evaluated at USD 230.4 billion in 2024 and is poised to reach USD 490.6 billion by the end of 2037, growing at around 6.5% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of medical rehabilitation services is assessed at USD 245.4 billion. Medical rehabilitation services have significantly increased over the years with several factors driving its growth, including increasingly prevalent chronic diseases, such as stroke, heart disease, and musculoskeletal disorders. These require long-term rehabilitation to regain functionality, particularly among the rising geriatric population. Technological advancements such as robots, artificial intelligence, and wearable devices have also delivered reliable outputs in rehabilitation services enhancing effectiveness.

Furthermore, the availability of telerehabilitation services has facilitated remote patient treatment. In July 2023, WHO stated that rehabilitation services benefit over 2.4 billion people worldwide, accounting for nearly one-third of the total population. Thus, in support, WHO launched the Rehabilitation 2030 Initiative. Owing to such awareness among the masses and the increasing significance of early and sufficient rehabilitation, medical rehabilitation services are being enhanced and improvised globally. In March 2024, Trilife announced the expansion of its services by introducing a Nuero Rehabilitation and Sports Medical Center with 40 beds and an area covering 60,000 sq. ft., with all amenities equipped with advanced technologies to deliver outpatient care facilities.


Medical Rehabilitation Services Market Overview
Get more information on this report: Request Free Sample PDF

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Pawar


  • Report ID: 6529
  • Published Date: Oct 10, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of the medical rehabilitation services market is over USD 230.4 billion.

The market size of the medical rehabilitation services market is projected to cross USD 490.6 billion by the end of 2037 expanding at a CAGR of 6.5% during the forecast period i.e., between 2025-2037.

The major players in the market are Genesis HealthCare, Icahn School of Medicine at Mount Sinai, Knight Health Holdings, LLC, Lifespan Physical Therapy Services, nMotion Physical Therapy, and others.

In terms of therapy, the physical therapy segment is anticipated to garner the largest market share of 37.6% by 2037 and display lucrative growth opportunities during 2025-2036.

The market in North America is projected to hold the largest market share of 40.7% by the end of 2037 and provide more business opportunities in the future.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample