- In May 2024, Infinity Rehab entered into a strategic partnership with Wilber Care Center. This collaboration aims to boost Infinity Rehab’s market positioning and broaden its service offerings within the rehabilitation sector. The alliance is designed to improve patient outcomes by leveraging the strengths of both organizations in delivering personalized care
- In April 2024, Encompass Health announced plans to construct a 50-bed inpatient rehabilitation hospital in San Antonio. This initiative was part of the company’s broader strategy to expand its network and strengthen its presence in the rehabilitation ecosystem. The new facility is expected to enhance access to high-quality inpatient rehabilitation services in the region
- In March 2024, The Centers for Medicare & Medicaid Services (CMS) has introduced a new Healthcare Common Procedure Coding System (HCPCS) Level II code for Neurolutions, Inc.'s IpsiHand Upper Extremity Rehabilitation System. This milestone represents the first instance where a brain-computer interface (BCI) controlled therapy has been awarded an HCPCS code, establishing a precedent for thought-activated control devices in the medical field
- In February 2024, Addverb unveiled three new robots designed for a variety of applications, including healthcare. As part of its move into healthcare robotics, the company launched Healan, a cutting-edge medical cobot specifically developed for rehabilitation and imaging purposes. This innovation highlights Addverb’s commitment to integrating automation solutions into the healthcare industry
- In August 2023, ReWalk Robotics Ltd. completed its acquisition of AlterG, Inc., a company known for its Anti-Gravity systems used in neurological rehabilitation. This acquisition strengthens ReWalk’s product portfolio, particularly in the rehabilitation and mobility sectors. By incorporating AlterG's innovative technology, ReWalk aims to enhance its offerings for individuals with neurological conditions
Frequently Asked Questions
The market is segmented based on Global Home Rehabilitation Products and Services Market Segmentation, By Product Type (General Aids, Positioning Devices, Body Support Devices, and Wheelchairs), Service Type (Occupational Therapy, Speech Therapy, Physical Therapy, and Respiratory Therapy), End-Use (Homecare, Hospitals and Clinics, Ambulatory Care Center, and Nursing Care Center), Distribution Channel (Retail Store and Online Channel), Application (Disabilities and Geriatric People) – Industry Trends and Forecast to 2031
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The Global Home Rehabilitation Products And Services Market size was valued at USD 105.17 USD Billion in 2023.
The Global Home Rehabilitation Products And Services Market is projected to grow at a CAGR of 5.89% during the forecast period of 2024 to 2031.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
