05-Sep-2018 | Zion Market Research
With the presence of a large pool of participants, the global women’s health rehabilitation products market is displaying a highly competitive business landscape, finds a new research report by Zion Market Research (ZMR). Meyer Physical Therapy, GPC Medical Ltd, GE Healthcare, Carib Rehab Ltd., and Meyer Physical Therapy are some of the key vendors of women’s health rehabilitation products across the world. These players are focusing aggressively on innovation, as well as on including advanced technologies in their existing products. Over the coming years, they are also expected to take up partnerships and mergers and acquisitions as their key strategy for business development, states the women’s health rehabilitation products market study.
Citing an instance, in August 2018, Elvie, a femtech hardware startup firm, signed a partnership deal with UK-based National Health Service for providing its smart pelvic floor exercise equipment to the women population in the UK through free-at-the-point-of-use healthcare service of the country.
This review is based on a report by Zion Market Research, titled “Women's Health Rehabilitation Products Market by Therapy Type (Hand Therapy, Physical Therapy, Occupational Therapy, Massage Therapy, Chiropractic Therapy and Other Therapies) and by Product Type (Breast Cancer Care, Chronic Pelvic Pain, Orthopedic, Prenatal and Postnatal Care, Urinary Tract Infection, Osteoporosis, Lymphedema and Others) Global Industry Perspective, Comprehensive Analysis and Forecast, 2015 – 2021."- Report at http://www.zionmarketresearch.com/report/womens-health-rehabilitation-products-market
As estimated in this report, the global women’s health rehabilitation products market stood at US$ 2.50 billion in 2015. Witnessing a tremendous rise during the period from 2015 to 2021, the revenue in women’s health rehabilitation products market is expected to reach US$ 3.30 billion by the end of the forecast period. The main therapy types available in women’s health rehabilitation products market are hand therapy, chiropractic therapy, physical therapy, massage therapy, and occupational therapy. Among them, the demand for physical therapy is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.
The key product types available in women’s health rehabilitation products market are breast cancer care, orthopedic, urinary tract infection, lymphedema, chronic pelvic pain, osteoporosis, and prenatal and postnatal care. Among them, the demand for urinary type infection is relatively higher and the trend is anticipated to remain so over the next few years, notes the research report.
Massive Government Support For Rehabilitation Activities To Fuel Growth
“Rapid surge witnessed in obese & geriatric women population along with escalating need for rehabilitation services is likely to impel women’s health rehabilitation products market growth in the near future,” says the author of this study. Apart from this, introduction of new technologies for automation in women’s health rehabilitation is projected to contribute substantially towards the amplification of women’s health rehabilitation products market revenue.
Escalating costs and low awareness about the rehabilitation products, however, are predicted to hinder the growth prospects of women’s health rehabilitation products market over the ensuing years. Nevertheless, occurrence of chronic ailments in women and government funding of rehabilitation activities is anticipated to provide impetus to the business sphere, thereby normalizing the impact of hindrances on the women’s health rehabilitation products market, reports the women’s health rehabilitation products market study.
Demand For Health Rehabilitation Products To Help North American Dominance
Regionally, North America has been leading the worldwide women’s health rehabilitation products market and is anticipated to continue on the dominant position in the years to come, states the market study. Burgeoning need of health rehabilitation products for women is the main factor behind the dominance of the North America women’s health rehabilitation products market. Rampant increase in the population of elderly & obese women in the U.S. is projected to make notable contribution towards the growth of the women’s health rehabilitation products market in the region over the years to come.
The global women’s health rehabilitation products market is segmented as follows:
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