Growingincidence of chronic ailments such types of diseases require extracare to regain patient physical health and well-being of the humanbody is driving the growth of the RehabilitationProducts Market.Rehabilitationproducts are generally used for amputation, drug abuse, and othersimilar health issues cases. Based on the Centre for Disease Controland Prevention, in 2018, 51.8% of US adults had at the least 1chronic condition, and 27.2% had multiple chronic conditions.Prevalence was highest among women, non-Hispanic white adults, adultsaged 65 or older, and those living in rural areas. Thus growingprevalence of chronic disease is significantly causing the growth ofthe RehabilitationProducts Market.
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InFebruary 2020, Wheelchair technology company Rowheels has launchedRehabPulse.com, an online marketplace offering product ranges fromdurable medical manufacturers and rehab brands
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In March2019, PHS MEDICAL has announced the launch of new physical therapyand rehab product line, that among existing products, includes threenew wood treatment tables and two new aluminum products
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InJanuary 2020, MedRhythms, a Portland, Maine-based digitaltherapeutics company that uses sensors, software, and music tomeasure and improve walking, announced the advancement of itspipeline in multiple sclerosis (MS) and Parkinson's disease (PD)
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InFebruary 2018, Bionik Laboratories Corp a robotics company dedicatedto providing rehabilitation and assistive technology solutionsannounced the launch of its improved InMotion Arm interactiverobotic system for clinical rehabilitation of stroke survivors andindividuals with mobility impairments because of neurologicalconditions
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