In the last few years, the incidence of chronic illnesses has considerably increased among women. Be it the change in lifestyle or the rising geriatric populations, experts project this prevalence to continue rising in the forthcoming years as well, thus making women health rehabilitation more imperative than ever. Medical rehabilitation is a highly monitored activity considered indispensable for assisting in the improvement overall health status after a prolonged illness. Demand for women rehabilitation has therefore substantially increased in the recent years. The increasing maternal deaths, especially in developing nations, rising injuries due to road accidents, and the increasing prevalence cardiovascular ailments causing death of women have compelled governments to focus more on women health and rehabilitation.
Transparency Market Research (TMR) forecasts the global women health rehabilitation products market to reach US$4.2 bn by the end of 2024, from a valuation of US$2.6 bn in 2015. The market is therefore expected to rise at a CAGR of 5.0% between 2016 and 2024.
Rehabilitation has emerged as an important method of mitigating the burgeoning risk of chronic diseases among women. These services are designed to improve the overall heart health, increase metabolism, expedite faster recovery, and improve hormonal profile among ailing women. Their demand has thus increased in response to the drastically changing lifestyle and dietary preferences. Integration of advanced technologies in existing rehabilitation products has further boosted prospects for their sales.
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Rising Geriatric Population Boosts Demand for Treat Urinary Incontinence Products
By product type, orthopedic, pelvic pain product, urinary incontinence, pregnancy and postpartum, lymphedema, breast cancer, and osteoporosis constitute the major segments in the global women health rehabilitation products market. Of these, urinary incontinence held the dominant share in the market in 2015. It is also projected to maintain its lead through the forecast period. Increasing urinary incontinence among aged women is expected to keep demand from this segment high in the forthcoming years. The segment is expected to report a CAGR of 5.4% during the forecast period.
Some of the leading players operating in the global women health rehabilitation products market include Access Health (Victoria, Australia), Carib Rehab Ltd. (St. Michael, Barbados), GE Healthcare (Chalfont St. Giles, U.K.), GPC Medical Ltd.( New Delhi, India), Pelvic Health and Rehabilitation (San Francisco, U.S.), Rehab Plus (Timmins, Canada), Meyer Physical Therapy (New York, U.S.), Sportstek (Oakleigh, Australia), Vandana Surgical Cotton Ind. (Ajmer, India), and Win Health Medical Ltd. (Jedburgh, U.K.)
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