Market Size of US Outpatient Rehabilitation Centers Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 6.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
US Outpatient Rehabilitation Centers Market Analysis
The United States outpatient rehabilitation centers market is projected to register a CAGR of 6.0% during the forecast period.
During the COVID-19 pandemic, the United States outpatient rehabilitation centers market was adversely affected. According to the article published by the Centers for Disease Control and Prevention (CDC) in July 2021, among patients who were referred to Select Medical's outpatient rehabilitation clinics during the pandemic, patients who previously had COVID-19 reported poorer general, mental, and physical health and functioning. Thus, the pandemic affected the market significantly in the initial phase. However, during the post-pandemic period, the increasing adoption of rehabilitation services is expected to contribute to the growth of the market.
Factors such as the increasing geriatric population, sedentary lifestyle, and launch of new outpatient rehabilitation centers are expected to increase the market growth in the forecast period. For instance, according to the data updated by the United Nations World Population Prospects in 2022, an estimated 77.5 million were aged 60 years or older in 2021. Hence, as the population grows older, outpatient rehabilitation centers are expected to be utilized more, which increases the market growth.
Launches of new centers are other factors for the growth of the market. For instance, in September 2021, South Texas Health System Clinics (STHS) clinics launched a new outpatient rehabilitation clinic in Hidalgo County for the treatment of pain-related disorders. Furthermore, in January 2022, Behavioral Health Group expanded its national footprint with the acquisition of the Center for Behavioral Health (CBH). Center for Behavioral Health is a traditional provider of outpatient substance use disorder and behavioral health services, with twenty treatment centers found in eight states. Such initiatives are expected to increase the market growth in the forecast period.
Thus, owing to the above-mentioned factors, such as initiatives by key market players and the rising geriatric population, the studied market growth is expected to increase during the study period. However, the lack of skilled healthcare professionals is expected to impede the growth of the market.
