Medical Rehabilitation Services Market Size To Hit USD 385.92 Billion By 2030


 San Francisco, 23 January 2025: The Report Medical Rehabilitation Services Market Size, Share, & Trends Analysis Report By Therapy, By Setting (Outpatient, Inpatient), By Application, By End-use, By Region, And Segment Forecasts, 2024 - 2030

The global medical rehabilitation services market size is anticipated to reach USD 385.92 billion by 2030, exhibiting a CAGR of 6.14% from 2024 to 2030, according to a new report by Grand View Research, Inc. Growing awareness and focus on preventative healthcare practices, aging population and technological advancements in medical rehabilitation services is expected to drive the growth of the market.

Innovations in robotics, Artificial Intelligence (AI), Virtual Reality (VR), and data analytics have transformed the capabilities of rehabilitative equipment, revolutionizing the treatment of injuries, surgeries, or debilitating conditions. According to the Oxford University Press article published in February 2024, advancements in medical rehabilitation services, including wearable sensors, robotic devices, virtual reality, and artificial intelligence, are driving market growth. These innovations enable more refined movement measurement, treatment augmentation, exercise monitoring, and real-time feedback, linking the gap between clinical settings and real-world environments to improve patient outcomes. Improving patient consequences and making rehabilitation more efficient and personalized, these technologies increase demand and investment in rehabilitation services, fueling the medical rehabilitation services market growth.

The COVID-19 pandemic had a significant impact on medical rehabilitation services globally, affecting both the demand and supply of these services. According to the NCBI article published in February 2023, in Jordan, a study observed a sharp decline in rehabilitation clinic visits from January to May 2020, coinciding with the initial strict lockdown. Patient numbers fell from 3,394 in January to only 78 in May as lockdown measures considered rehabilitation services nonessential during the COVID-19 emergency response. However, after lockdown restrictions eased, there was a significant rise in patients seeking rehabilitation services, peaking in September 2020 and exceeding pre-COVID-19 levels.

Access Research Report of Medical Rehabilitation Services Market @ https://www.grandviewresearch.com/industry-analysis/medical-rehabilitation-services-market-report

Medical Rehabilitation Services Market Report Highlights

  • The physical therapy segment dominated the market and is anticipated to grow over the forecast period owing to widespread adoption for treating a range of conditions, including musculoskeletal, burns, cardiovascular, neurologic, sports injuries, and wound care.
  • The outpatient segment dominated the market the owing to the integration of advanced neurorehabilitation technologies into outpatient treatment services drives the outpatient segment by enhancing the quality and effectiveness of care.
  • Sports Related Injuries segment is anticipated to grow at the fastest CAGR over the forecast period owing to the rising number of sports participants, particularly among children and adolescents, driving the market's growth.
  • Hospital and clinics end-use segment dominated the market in 2023 with the rising inflow of patients seeking rehabilitation in hospitals and clinics by key players for providing quality care.
  • North America dominated the market due to factors such as advanced healthcare infrastructure, increasing demand for healthcare services, and a favorable regulatory environment.

Medical Rehabilitation Services Market Report Scope 

Report Attribute

Details

Market size value in 2024

USD 269.91 billion

Revenue forecast in 2030

USD 385.92 billion

Growth rate

CAGR of 6.14% from 2024 to 2030

Actual data

2018 - 2023

Forecast period

2024 - 2030

List of Key Players in the Medical Rehabilitation Services Market

  • Shirley Ryan AbilityLab
  • Prism Medical
  • Icahn School of Medicine at Mount Sinai
  • Paradigm Healthcare
  • The University of Chicago Medical Center
  • MindMaze Healthcare
  • Lifespan Physical Therapy Services
  • SuVitas
  • nMotion Physical Therapy
  • Therapy Solutions for Kids
  • Athletico Physical Therapy

Access Press Release of Medical Rehabilitation Services Market @ https://www.grandviewresearch.com/press-release/global-medical-rehabilitation-services-market

About Grand View Research

Grand View Research is an India & U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services.

For More Information: https://www.grandviewresearch.com/horizon

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