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WMR-Western Market Research has recently published a comprehensive and exclusive research report, which is an intelligent study covering all key segments. This research report provides breakthrough inputs and insights on market related factors like size, competition, trends, analysis, forecasts etc. The study encompasses primary and secondary data sources along with quantitative and qualitative practices thus assuring data accuracy.
The womens health rehabilitation products market is estimated to represent a global market of USD 3.59 billion by 2017 with growth rate of 6.1%.
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The market is majorly driven by the rising incidence of chronic disease conditions among women population. For example, in 2013, the United States Cancer Statistics (USCS) stated that around 230,815 women were diagnosed with breast cancer. The number was increased to 246,660 in 2016, up 7% compared to the previous year. Similarly, the incidence of neurological disorders, rheumatoid arthritis, and other disabilities are continuously increasing among women population which is expected to fuel the demand for rehabilitation products such as rollators and walkers, tens machines, wheelchairs, etc. For example, according to the Centers for Disease Control and Prevention (CDC), around 52.5 million U.S. people were suffering from arthritis which is projected to reach 78.0 million by 2050.
Furthermore, factors such as rising number of for community-based rehabilitation centers, and technological advancements support the industry growth to some extent. On another side, high cost coupled with low awareness and acceptance of rehab products especially in developing regions pull back the market growth over the forecast period.
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In terms of products, the market is divided as Urinary Incontinence, Pelvic Pain, Orthopedic Care, Breast Cancer Care, Pregnancy Care, and Other. In 2017, orthopedic care recorded USD 547.9 million and the segment is projected to grow with the 6.3% growth rate over the forecast period. On contrary, rehabilitation devices such as lymphedema and pregnancy-related products are considered to record the lowest revenue in 2017. However, these segment is expected to grow with the steady growth rate during the future period.
The therapy segment is categorized into Occupational Therapy, Physical Therapy, Massage Therapy, and other. Rehabilitation therapies are designed with specialized training programs which benefit women in a variety of medical conditions. Among different types, physical therapy is accounted for the largest share of the total market as it is being widely used to treat issues related to the female reproductive system, pregnancy; and also increasingly accepted for the treatment of conditions such as urinary incontinence, and osteoporosis.
Regionally, developed regions such as North America and Europe collectively accounted for the highest share (over 65%) of the overall market. Rising cases of chronic disease, coupled with increasing number of target population driver the regional growth. For example, according to the World Health Organization (WHO) report, 64% of the total women population in the United Kingdom are overweight which may increase the risk of problems such as pregnancy related, osteoarthritis, and blood pressure. Such factors would, in turn, spur the utilization of women rehabilitation products in European countries, driving the market growth.
Key Vendor Takeaway
Companies such as Access Health, Carib Rehab Ltd., GPC Medical Ltd., Win Health Medical Ltd., and Meyer Physical Therapy are profiled extensively. Among these, Access Health and GPC Medical captured considerable revenue share of the global market. Introduction of novel rehabilitation products and increasing R&D activities geared towards developing products suited to the global market is expected to generate the bulk of industry revenue. For example, in November 2016, Meyer Physical Therapy launched the VENOM, a wearable back device to relax sores, and stiff muscles that aid in rehabilitation and Hypersoothe, the natural cooling creams, to strengthen the HYPERICE brand portfolio.
The market size and forecast for each segment and sub-segments has been considered as below:
Historical Year-2014 & 2016
Traders, Distributors, and Suppliers
Government and Regional Agencies and Research Organizations
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY PRODUCT
Breast Cancer Care
MARKET, BY THERAPY
MARKET, BY REGION
Rest of Europe
Rest of APAC
Rest of the World
Middle East and Africa
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