The Rehabilitation Market Report 2024 shows an industry driven by advancements in medical technology and innovative therapeutic approaches. Key trends include integrating AI and virtual reality into rehabilitation therapies and improving patient outcomes. Further, home-based rehabilitation solutions are increasing in demand, fuelling innovation across adjacent health sectors. The report also explores investment patterns and firmographic data of emerging companies within the rehabilitation industry.
This rehabilitation report serves as a reference for stakeholders within the industry, investors, policymakers, and economic analysts, providing a snapshot of the industry’s health to map its trajectory for innovation and growth in the coming years.
StartUs Insights Rehabilitation Industry Report 2024
- Executive Summary
- Introduction to the Rehabilitation Report 2024
- What data is used in this Rehabilitation Report?
- Snapshot of the Global Rehabilitation Industry
- Funding Landscape in the Rehabilitation Industry
- Who is Investing in Rehabilitation Solutions?
- Emerging Trends in the Rehabilitation Industry
- 5 Innovative Rehabilitation Startups
Executive Summary: Rehabilitation Report 2024
This report is created using data obtained from the Big Data and AI-powered StartUs Insights Discovery Platform, covering more than 4.7 million global companies, as well as 20K+ technologies and emerging trends. We also analyzed a sample of 1700+ rehabilitation startups developing innovative solutions to present five examples from emerging rehabilitation industry trends.
- Industry Growth Overview: The rehabilitation industry comprises over 67000 companies, with 1700+ startups. Despite a slight annual growth decline of -0.58%, the sector remains active.
- Manpower & Employment Growth: The global rehabilitation workforce includes 6.8 million professionals, with 340000 new employees added in the past year.
- Patents & Grants: The industry holds over 41,000 patents and has received more than 3,000 grants.
- Global Footprint: Key country hubs for rehabilitation include the USA, India, the UK, Canada, and Australia. Top city hubs include New York City, London, Sydney, Melbourne, and Toronto.
- Investment Landscape: The average investment value per round is USD 22 million, with over 3000 investors participating in more than 8800 funding rounds across 3800 companies.
- Top Investors: The combined value invested by top investors such as Deerfield, CIT Group, Tiger Global Management, and more totals over USD 2 billion.
- Startup Ecosystem: Innovative startups in the sector include SMARTCharts (AI-powered care plans), In-Place (telerehabilitation platform), Active Virtual Rehab (VR & robot rehab systems), Biomex (wearable rehabilitation devices), and Creative Therapy (creative therapy tools).
- Recommendations for Stakeholders: Entrepreneurs should prioritize user-tested designs and evidence-based practices to build new and effective rehabilitation devices, tools, and services. Governments should invest in research and development, incentivize innovation, and increase citizens’ access to rehabilitation services. Companies should consider collaborations with healthcare providers to integrate their technologies while improving treatment efficacy and patient engagement.
Explore the Data-driven Rehabilitation Report for 2024
The Rehabilitation Report 2024 uses data from the Discovery Platform and encapsulates the key metrics that underline the sector’s dynamic growth and innovation. The heatmap offers an in-depth overview of essential metrics and geographic centers. Our database encompasses 1500+ startups and over 67000 companies, showcasing the sector’s extensive influence. Despite a modest annual growth rate of -0.58%, the industry remains vibrant. It has 41000+ patents and 3000+ grants, an indication of ongoing innovation.
Globally, the workforce comprises 6.8 million professionals, with a recent employee growth of 340000. Key country hubs include the USA, India, the UK, Canada, and Australia, while top city hubs feature New York City, London, Sydney, Melbourne, and Toronto.
What data is used to create this rehabilitation report?
Based on the data provided by our Discovery Platform, we observe that the rehabilitation industry ranks among the top 5% in the following categories relative to all 20K topics in our database. These categories provide a comprehensive overview of the industry’s key metrics and inform the industry’s short-term future direction.
- News Coverage & Publications: In the last year, there were 13000 publications, emphasizing significant news coverage and academic interest.
- Funding Rounds: The industry witnessed more than 8800 funding rounds. This reflects strong investor confidence and financial activity.
- Manpower: With over 6.8 million workers, the industry has substantial manpower, including 340000 new employees added last year.
- Patents: The sector holds 41000+ patents, showcasing a high level of innovation and intellectual property.
- Grants: It received over 3000 grants, reflecting robust support for research and development.
- Global Search Growth: The yearly global search growth stands at 6.35%. This shows an increasing public interest and awareness.
A Snapshot of the Global Rehabilitation Industry
The rehabilitation industry report presents an industry experiencing a negative annual growth rate of -0.58%. The industry includes 1700+ startups, with over 1200 in the early stages. Moreover, the sector has seen 3000 mergers and acquisitions, indicating consolidation.
Patent data reveals 41000 patents from 21000 applicants, with a yearly growth rate of 7.50%, highlighting ongoing innovation. China leads with 12000+ patents, followed by the USA with 11000+.
Explore the Funding Landscape of the Rehabilitation Industry
From a financial perspective, the average investment value per round stands at USD 22 million, reflecting investor confidence. The industry has drawn over 3000 investors, completing more than 8800 funding rounds and investing in more than 3,800 companies.
This data highlights the dynamic nature of the rehabilitation sector, characterized by substantial investments, innovation, and a robust workforce. Despite a slight decline in annual growth, the industry’s foundational metrics indicate resilience and potential for future development.
Who is Investing in Rehabilitation Solutions?
The combined value invested by top investors in the rehabilitation industry totals more than USD 2 billion:
- Deerfield has invested USD 633.2 million across 5 companies.
- CIT Group’s investments amount to USD 518 million spread over 4 companies.
- Tiger Global Management has allocated USD 491.3 million across 4 companies.
- Select Medical has invested USD 434 million in 3 companies.
- Ardian’s investments total USD 336.3 million across 5 companies.
- Oxford Finance has committed USD 274.7 million to 3 companies.
- AddLife’s investments reach USD 249.6 million across 3 companies.
Access Top Rehabilitation Innovations & Trends with the Discovery Platform
Explore the growing trend within the rehabilitation industry, including the firmographic data:
- Virtual Reality Therapy includes more than 250 companies, highlighting its presence in the rehabilitation industry. It employs over 7K professionals, with over 1K new hires in the past year. The annual trend growth rate is 11.30%, reflecting the expansion of virtual reality applications in therapeutic settings.
- Telerehabilitation involves over 160 companies, emphasizing its importance in remote healthcare services. The sector employs more than 11K professionals, with over 800 new hires in the last year. The annual trend growth rate of 24.12% underscores its rapid adoption and role in providing remote therapy solutions.
- The Wearables Robot segment comprises over 110 companies, representing a niche yet impactful presence in the rehabilitation field. The industry supports approximately 12K employees, with 700 new hires over the past year. The annual trend growth rate of 15.39% indicates an upward trajectory driven by advances in wearable robotics for therapeutic purposes.
5 Top Examples from 1700+ Innovative Rehabilitation Startups
The five innovative startups showcased below are picked based on data including the trend they operate within and their relevance, founding year, funding status, and more. Book a demo to find promising startups, emerging trends, or industry data specific to your company’s needs and objectives.
SMARTCharts creates AI-powered Care Plans
US-based startup SMARTCharts optimizes patient outcomes in rehabilitation by developing AI-enabled care plans. The startup’s tool, integrated as an EHR add-on, enhances clinician productivity by streamlining documentation, progress tracking, and data visualization in speech, occupational, and physical therapy. SMARTCharts facilitates real-time session tracking, simplifies care team communications, and enables data-driven decision-making.
In-Place builds a Telerehabilitation Platform
Italian startup In-Place develops a telerehabilitation platform for remote treatment of developmental disorders. The platform facilitates therapy sessions via video conferencing. Its features include cloud-based patient records, custom interfaces for children, and administrative tools for workflows. In-Place enhances therapeutic continuity by ensuring no missed sessions, reducing travel, and minimizing stress.
Active Virtual Rehab develops VR & Robot Rehab Systems
French startup Active Virtual Rehab makes rehabilitation systems leveraging AI, virtual reality, and robotics to accelerate recovery and improve patients’ quality of life. Its AVR headset rehab system immerses patients in virtual environments and offers customized therapy and gamified elements. The AVR robot rehab system provides robotic assistance for exercises, with data tracking for tailored rehabilitation programs. Further, the AVR motion capture rehab system uses cameras and sensors to capture patient movements and delivers real-time feedback and interactive visualizations.
Biomex develops Wearable Rehabilitation Devices
UK-based startup Biomex creates wearable rehabilitation devices for athletes recovering from injuries and patients with osteoarthritis. These devices utilize patented technology to adjust muscle activity in real time based on the wearer’s movements. The system employs AI algorithms to analyze motion data at a high frequency, incorporates electrical muscle stimulation for movement optimization, and provides recovery tracking.
Creative Therapy provides Creative Therapy Tools
Belgian startup Creative Therapy develops interactive tools for rehabilitation therapy by combining traditional therapy gear with an online platform. The platform integrates Matti, a pressure-sensitive mat, and Squeezi, a motion-sensitive ball, to design engaging and personalized exercises. It tracks patient progress through automated data collection and offers real-time feedback to therapists. The system includes features like goal setting, progress visualization, and a user-friendly dashboard.
Gain Comprehensive Insights into Rehabilitation Trends, Startups, or Technologies
The rehabilitation industry is undergoing transformation due to increased investments and technological advancements. Key trends including virtual reality therapy, telerehabilitation, and wearable robotics, are enhancing accessibility. Get in touch to explore all 1700+ startups and scaleups, as well as all industry trends impacting rehabilitation companies.
