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Outpatient Rehabilitation Services Market

Outpatient Rehabilitation Market By Type (Physical, Occupational, Speech-Language Pathology) By Age (Adults, Pediatric, Toddlers) & By Region (North America, Latin America) - Global Market Insights 2022 to 2032

Analysis of Outpatient Rehabilitation Services market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Outpatient Rehabilitation Services Market (2022-2032)

Outpatient rehabilitation services are experiencing mushrooming demand due to the higher survival rate of people having critical health issues. The rapidly changing lifestyles and disturbed work-life balance are factors expected to drive demand for outpatient rehabilitation services in the forecast period.

Patients who have suffered from heart attacks, car injuries, and neurological conditions tend to be ideally treated with outpatient rehabilitation services. These outpatient rehabilitation services include occupational, physical, and speech-language pathology. The increasing penetration of chronic health conditions is anticipated to drive sales of intensive outpatient therapies in the upcoming years.

Outpatient therapy services tend to focus on techniques for overcoming addiction and are therefore considered to be highly effective for early-stage addicts. Lower costs, short daily sessions, and access to support systems are the key factors influencing the development of the home rehabilitation services market.

The worldwide outpatient rehabilitation centers market size valuation is USD 85.46 Billion in 2022. The market is further expected to reach a valuation of USD169.53 Billion by the end of 2032. Owing to the benefits of outpatient therapy, the outpatient rehabilitation services market is anticipated to grow with a CAGR of 7.09% in assessment duration, i.e. 2022-2032.

Geographically, the global outpatient rehabilitation service market is classified into regions viz. North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding China and Japan, China, Japan, Middle East, and Africa. The key players in the outpatient rehabilitation service market are Accelerated Rehabilitation Centers, Ltd, AIM Health Group Inc., LHC Group, Inc., Select Medical Holdings, and Physiohealth.in Trilogy Health Services, LLC., Senior Care Centers of America, Inc., and others.

Report Attributes

Details

Outpatient Rehabilitation Services Market

Market size (2022 A)

USD 85.46 Billion

Base Year for Estimation

2022

Forecast duration for this research

2022-2032

Forecasted Market value (2032 F)

USD169.53 Billion

Global Market Growth rate (2022-2032 E)

CAGR of 7.09%

Key Companies Profiled

  • Accelerated Rehabilitation Centers, Ltd,
  • AIM Health Group Inc.
  • LHC Group, Inc.,
  • Select Medical Holdings,
  • Physiohealth. in,
  • Trilogy Health Services, LLC.,
  • Senior Care Centers of America, Inc.

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Analysis of Escalating Demand of Outpatient Services Market

An increase in unhealthy lifestyles among youths is one of the drivers of the outpatient rehabilitation service market. The rise in the aging population, which is associated with speech and other physical and neurological disorders, also increases the outpatient rehabilitation services market.

An outpatient rehabilitation program is preferred by the patients over an inpatient program. The benefits of outpatient rehabilitation programs, such as freedom to continue the career and proximity to family members, are the factors that mainly fuelled the outpatient rehabilitation service market.

The increase in drug abusers is a prominent factor that helps in the increment of the market value of outpatient rehabilitation services. Lack of awareness and low facilities in healthcare infrastructure retarded the growth of the outpatient rehabilitation services market. Moreover, untrained professionals in rural areas retarded the market growth. And additionally, the high cost of services delayed the outpatient rehabilitation services market in the overall forecast period.

Outpatient Rehabilitation Services Market

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Inpatient Vs Outpatient rehabs which are better?

Outpatient rehabilitation is considered better than inpatient therapies owing to no need for hospitalization. The patients are not monitored continuously in closed hospital environments. Outpatient care is preferred by people due to its lower cost. Patients having health insurance coverage can get better outcomes over impatient setups. Outpatient rehabilitation program varies from an inpatient program, where individuals are supposed to live in the rehabilitation centers for a period of a minimum of three months to one year under medical support.

The duration of the outpatient varies according to the specific needs of the patients. Most recovering addicts require one to three months, whereas more serious cases require more than a year. Shorter stays and faster access are advantages of outpatient rehabs, increasing their popularity. Outpatient rehabilitation service centers are focused on providing rehab for patients with alcoholism, depression, or any drug abuse.

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Competitive landscape highlights only certain players
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Regional Insights

North America is the leading market for outpatient rehabilitation services due to technological advancement and the increase in the elderly population. Moreover, the number of key players providing outpatient rehabilitation services is more in this region, mainly in the US. There is an increase in patients opting for outpatient rehabilitation centers owing to Medicare approvals and cost-saving effects. Canada is emerging into healthcare sector fields that are anticipated to increase outpatient rehabs in the forecast period.

Europe and Japan hold the second largest market of outpatient rehabilitation services due to advancements in healthcare infrastructure and public awareness. Asia Pacific market has been expecting growth in the near future because of the rise in the geriatric population and increase in the patient pool.

Middle East Asia and Africa show delayed growth due to the lack of availability of advanced technologies. Further, a lack of awareness in these regions hinders the growth of the outpatient rehabilitation service market.

Segment wise analysis

There are three primary classifications of outpatient rehabilitation services: Physical Therapy- includes diagnosis and treatment of physical impairments and disabilities. Physical therapies also help to treat various neurologic conditions. Occupational Therapy – includes treatment to restore functions that have been lost because of injury or illness. Physical therapy reigns over other types owing to its largest share. The rising sports participation and people suffering from lower back discomfort are increasingly opting for ailments within physical therapy.

Speech-Language Pathology—include the treatment and diagnosis of the communication-related disorder. Specialized outpatient rehabilitation services such as oncology rehabilitation and cardiac rehabilitation services are also available for patients.

Cardiac rehabilitation services include exercise training, education for healthy-heart living, and counselling to reduce stress. According to CDC (Centers for Disease Control and Prevention), patients using cardiac rehabilitation services were 53% less likely to suffer from any cause, and 57% were less likely to experience any cardiac-related mortality as compared to those who did not use cardiac rehabilitation services.

On the basis of age, the rehabilitation industry is divided into toddlers, adults, and the pediatric populace. The global industry of outpatient rehabilitation is dominated by the adult segment, with approximately 45% of the share. The higher share refers to the higher possibility of acute back pain and orthopaedic conditions. The rising penetration of chronic diseases in this populace segment is contributing to increasing inquiries for rehabilitation centers. The pediatric segment is anticipated to maintain the fastest growth rate in the upcoming years. This no is likely to cross 1.5 billion people in 2050. The additional reasons why people opt for rehabs center are birth defects, spectrum disorders, and premature birth. These factors are expected to propel statistics for this segment in the forecast duration.

Recent developments

The outpatient rehabilitation industry is dominated by few players owing to advanced therapies and excellent services. The large-scale players in the sector hold the majority of the outpatient rehabilitation services market share. The key companies in the industry are opting for collaborations and strategic partnerships in order to increase geographical expansion. The safety of the treatment environment plays a crucial role in making patients opt for outpatient rehab in the forecast duration. The quality of services has the potential to create a competitive edge for the market players in the upcoming years.

  • In October 2021, the Grandview Medical center partnered with select medical corporations together founding a venture called Champions sports medicine in Birmingham which is working as an outpatient rehabilitation center.

Outpatient Rehabilitation Service Market: Segmentation

The global outpatient rehabilitation service market is segmented on the basis of types, services and geography.

  • By Types :

    • Physical Therapy
      • Orthopedic physical therapy
      • Pediatric physical therapy
      • Sports physical therapy
      • Neurological physical therapy
    • Occupational Therapy
    • Speech Language Pathology
  • By Services :

    • Outpatient Rehabilitation centers
    • Specialty clinics
    • Community health centers
    • Hospitals
  • By Regions :

    • North America
    • Latin America
    • Asia Pacific
    • Middle East and Africa
    • Europe

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The worldwide outpatient rehabilitation centers market size valuation is USD 85.46 Billion in 2022.

The market is further expected to reach a valuation of USD169.53 Billion by end of 2032.

Owing to the benefits of outpatient therapy the outpatient rehabilitation services market is anticipated to grow with a CAGR of 7.09% in assessment duration i.e 2022-2032.

The physical therapy segment dominates outpatient rehabilitation services.

The key market players in the industry are- • Accelerated Rehabilitation Centers, Ltd • AIM Health Group Inc. • LHC Group, Inc. • Select Medical Holdings • Physiohealth. In

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