The medical rehabilitation services market size is estimated to be USD 144,543.1 million in 2022 and is expected to witness a CAGR of 7.22% during the forecast period 2023-2033. Escalating demand for outpatient rehabilitation treatments, rise in government initiatives to enhance access rehabilitation services, growing rates of drug misuse, alcoholism, and depression is expected to propel the market growth. Furthermore, ageing population, increasing incidence of chronic diseases, sufficient reimbursement for rehabilitation services, and rising number of disabilities is expected to support the market growth. However, lack of understanding of rehabilitation, complexities of rehabilitation services, and the dearth of physical therapy facilities in developing countries is expected to hinder the growth.

Escalating demand for outpatient rehabilitation treatments is predicted to spur the market growth. The number of people who are fighting with drug or alcohol addiction has significantly increased in recent years. The world is also witnessing a remarkable increase in young people living unhealthy lifestyles. As a result, there is an increase in demand for outpatient rehabilitation services everywhere in the world. Vendors have a lot of opportunities on the global market for rehabilitation therapy services due to the rising demand.

Rise in government initiatives to enhance access rehabilitation services is projected to fuel the market growth. To increase patient access to pulmonary and cardiac rehabilitation services, the U.S., for instance, introduced the expanding Access to Quality Cardiac Rehabilitation Care Act in 2021. This act permits physician assistants, clinical nurse specialists, and nurse practitioners to recommend rehabilitation therapy to health care pulmonary and cardiac patients.

Segmentation

By Therapy

The market is categorized into physical therapy, occupational therapy, cognitive therapy, speech and language therapy, and others. In the global market, the physical therapy segment accounted for the largest revenue share in 2022 owing to usage of physical therapy for a wide range of diseases. The National Safety Council estimates that in 2021, gym equipment injuries would account for 409,000 injuries, putting it as the leading cause of injuries. Physical rehabilitation is frequently used as part of treatment for these diseases to help patients become more mobile and heal from injuries. The development of the segment was driven by these elements. The market for cognitive treatment is predicted to develop at the quickest rate over the projected period. The demand for cognitive treatment is expected to increase during the forecast period as a result of factors including growing rates of drug misuse and alcoholism and rising public awareness of their negative effects on health.

By Service

The market is divided into inpatient rehabilitation services and outpatient rehabilitation services. In 2022, the outpatient rehabilitation services accounted for the highest revenue share due to increasing rates of burn injuries, cerebral palsy, and child developmental abnormalities. Furthermore, the presence of improved equipment at the facilities is projected to further encourage patients to use outpatient services. For instance, the George Washington University Hospital’s outpatient rehabilitation facility has included a number of advanced technologies, including the Bioness Vector Gait Training System and AlterG Treadmill, to better serve its patients. The acceptance of the services is anticipated to be fuelled by recent studies showing that outpatient rehabilitation therapy is more effective than inpatient therapy. For instance, according to a research by Orthopedic Nursing, patients received outpatient physical rehabilitation therapy soon after surgery returned to their regular activities up to 20 days earlier than the patients who did not receive the therapy.

By Application

The market is segregated into neurological, cardiologic, sports related injuries, pulmonary, orthopedic, and others. In the global market, the orthopedic segment accounted for the largest revenue share in 2022 owing to higher prevalence of orthopaedic disorders including arthritis and injuries to the spine, ankles, and hips. A Massachusetts General Hospital study states that more than 1 million ankle injuries happen each year. Physical and occupational therapy are typically used by specialists to help patients manage their conditions. One important factor that led to the market expansion is the accessibility of orthopaedic rehabilitation services in both inpatient and outpatient settings. The segment for sports-related injuries is predicted to expand at the quickest proportion, during the projection period. It is expected that more people would sustain injuries due to factors including the growing number of people engaging in physical activity to prevent and treat chronic disorders including cardiovascular diseases.

By End Use

The market is segmented into rehab centres, hospitals & clinics, physiotherapy centres, and homecare settings. In 2022, the hospitals & clinics segment accounted for the largest revenue share owing to increase in the number of patients receiving rehabilitation in hospitals and clinics. The category is expected to grow over the projected period due to an increase in the number of individuals who suffer from chronic diseases and disabilities. It is expected that this market would experience significant expansion due to rise in procedures for neurological, orthopaedic, and cardiovascular diseases. For instance, Germany reported 200 knee replacement surgeries for every 100,000 residents in 2020. Rehabilitation is important for the patients receiving these operations in order to improve. By managing pain, strengthening muscles, and enhancing range of motion in the operated area of the body, rehabilitation services decrease hospital stays and hasten patient recovery.

Regional Markets

In 2022, North America region accounted for the highest revenue in the medical rehabilitation services market and is expected to maintain its dominance during the forecast period. This is attributed to the accessibility of rehabilitation services in home care and outpatient facilities and attractive reimbursement rules. Medicare Part B, which pays up to 80% of medical expenses, covers outpatient therapies like speech-language, occupational, and physical therapy. The other major drivers anticipated to boost the market are rising disposable income and soaring healthcare spending. Asia Pacific is predicted to develop at a lucrative CAGR during the forecast period due to rising older population in countries such as Japan and India, which is expected to increase demand for these services in the area. It is anticipated that the region’s growing patient population with disabilities will further accelerate market expansion. Approximately 400 million individuals reside in Asia Pacific, which has the highest percentage of people with disabilities, according to a Disabled World report from April 2022.

Competitor Insights

Some of the key players operating in the medical rehabilitation services market are Prism Medical, Shirley Ryan AbilityLab, Therapy Solutions for Kids, The University of Chicago Medical Center, MindMaze Healthcare, SuVitas, Icahn School of Medicine at Mount Sinai, nMotion Physical Therapy, Paradigm Healthcare, Lifespan Physical Therapy Services, and Athletico Physical Therapy.

To achieve a competitive edge, these businesses are implementing a variety of growth strategies. Strategic partnerships, alliances, and agreements with different businesses and research institutions are seen to be the main strategies used by companies in this sector.

• For instance, In May 2021, MindMaze increased the scope of its digital neurotherapeutics (DTx) offerings by partnering with Alkholi, Surgicorp, Swiss Rehabilitation, and Guttmann Barcelona. This partnership will enable the company to increase its market share in the Middle East, Latin America, Switzerland, and Spain.

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including therapy, service, application, and end use from 2023 to 2033.

Report Scope:

Segmentation: Medical Rehabilitation Services Market Report 2022 – 2033

Therapy (Revenue, USD Million), 2022 – 2033

• Physical Therapy
• Occupational Therapy
• Cognitive Therapy
• Speech and Language Therapy
• Others

Service (Revenue, USD Million), 2022 – 2033

• Inpatient Rehabilitation Services
• Outpatient Rehabilitation Services

Application (Revenue, USD Million), 2022 – 2033

• Neurological
• Cardiologic
• Sports Related Injuries
• Pulmonary
• Orthopedic
• Others

End Use (Revenue, USD Million), 2022 – 2033

• Rehab Centres
• Hospitals & Clinics
• Physiotherapy Centres
• Homecare Settings

By Region (Revenue, USD Million), 2022 – 2033

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • France
  • UK
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Rest of APAC
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of LATAM
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • Rest of MEA