New York, USA, Fri Mar 04 2022 09:18:36 / Comserve Inc. / — Rehabilitation therapy services market is expected to grow at a CAGR of around 14% during the period 2022- 2031
Research Nester published a report titled “Rehabilitation Therapy Services Market: Global Demand Analysis and Opportunity Outlook 2031″ which provides a detailed overview of the global Rehabilitation Therapy Services market in terms of market segmentation by type, patient type, application, and region.
Additionally, for the in-depth analysis, the report encompasses industry growth indicators, restraints, supply and demand risks, along with a detailed discussion of current and future market trends associated with the market growth.
The global rehabilitation therapy services market is expected to grow at a CAGR of around 14% over the forecast period, i.e., 2022-2031. The market is segmented on the basis of type into speech therapy, physiotherapy, occupational therapy, respiratory therapy, cognitive behavioral therapy and others. Among these, speech therapy segment is expected to hold the notable share during the forecast period owing to the growing prevalence of diseases that affect speech ability such as dyslexia, dyspraxia, aphasia , dysphagia and others.
The global rehabilitation therapy services market is expected to grow owing to the growing prevalence of disabilities and diseases, along with the growing availability of favorable reimbursement policies for healthcare-related expenses. Additionally, rising concerns from government authorities are also expected to drive the growth of the market as rehab centers can help people lead a normal productive life which is otherwise impossible. Along with this, rising health awareness among people and increasing disposable income are expected to fuel the growth of the market.
Get a sample PDF for more detailed market information: https://www.researchnester.com/sample-request-3899
Based on geographical analysis, the global rehabilitation therapy services market is segmented into five major regions, namely North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. The North America region market is expected to gain notable market share throughout the forecast period owing to the large number of physiotherapy and rehabilitation clinics in the region, supported by rising healthcare expenditure in the region . Moreover, the growing awareness among the population is expected to further drive the growth of the regional market.
The research is global in nature and covers detailed analysis of the market in North America (US, Canada), Europe (UK, Germany, France, Italy, Spain, Hungary, Belgium, Netherlands and Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark]Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of the Middle East and Africa). In addition, an analysis including market size, annual growth and opportunity analysis, competitive study of market players, investment opportunities, future prospect demand, etc. was also covered and displayed in the research report.
Increasing Healthcare Spending Globally to Drive Market Growth
According to World Bank statistics, 9.856% of global GDP was spent on healthcare in 2018.
With the increase in the prevalence of diseases, global healthcare expenditure is also constantly increasing. Developing new ways of dealing with or coping with disabilities. Through rehab centers, it is estimated to boost the demand for rehabs in the coming years. Moreover, the increase in healthcare expenditure also enables individuals across the globe to access better healthcare facilities, as well as the availability of reimbursement policies. These factors are estimated to drive the growth of the market.
However, the lack of awareness about rehabilitation therapy services is expected to act as a major restraint for the growth of the global rehabilitation therapy services market over the forecast period.
This report also provides the existing competitive scenario of some of the major players in the Global Rehabilitation Therapy Services Market which includes company profiling of The Priory Group, Hunterdon Medical Center, Genesis Rehab Services, Upstream Rehabilitation, Inc., Athletico Physical Therapy, CORA Health Services, Inc., Smart Speech Therapy LLC, Interim HealthCare Inc., and Prevea Health Services. Profiling contains key business information that encompasses an overview of businesses, products and services, key financial data, and recent news and developments. Overall, the report describes an in-depth overview of the global Rehabilitation Therapy Services Market which will help industry consultants, equipment manufacturers, existing players looking for expansion opportunities, new opportunity seekers and other stakeholders to align their market-centric strategies with ongoing developments and expected future trends.
Get sample copy of this report with charts and graphs https://www.researchnester.com/sample-request-3899
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