Select Medical Corporation, Upstream Rehabilitation Inc., and Sutter Health are Dominating the Global Rehabilitation Therapy Services Market in 2021

Global Rehabilitation Therapy Services Market is expected to grow with the CAGR of 13.5% in the forecast period of 2021 to 2028. The years considered for study are as mentioned below.

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Global rehabilitation therapy services market is a highly consolidated market, which includes specific number of key players. The market has witnessed increased strategic developments owing to favourable market scenario.   

The major players dealing in global rehabilitation therapy services market are introducing strong range of products provider along with launching new products and adopting strategic initiative such as acquisition, agreement, business expansion, award and recognition into the market. This helped companies to maximize the sales with enhanced product portfolio.

For instance:

  • In May 2019, Select Medical Corporation signed an agreement with Norton Healthcare to expand the outpatient rehab services in Kentucky and Indiana. This will increase the company’s presence in the North American region and increase the patient enrolment, which will contribute to the revenue for the company.

Select Medical Corporation is the dominating player in global rehabilitation therapy services market. The other key players existing in the market are Smart Speech Therapy, Therapy Solutions Inc., Benchmark Therapies, Speed Pathology, Priory Group, Bellefleur Physiotherapy, SuVitas, LifeStance Health Inc., FYZICAL, Sutter Health, Bon Secours USA, ApoKos Rehab Pvt Ltd. (a Joint venture of Apollo Hospitals and KOS Italy), Banner Health, Spectrum Physio / The Physio Company, Lifespan Physical Therapy Services, nMotion Physical Therapy, CORA Health Services, Inc., Athletico Physical Therapy, fullmotionpt.net, ATI Physical Therapy, US Rehabilitation and Health Services, Kettering Health, Genesis Rehab Services (a subsidiary of Genesis HealthCare), Interim HealthCare Inc., Hunterdon Healthcare, Prevea Health Services, Pivot Physical Therapy, and Upstream Rehabilitation Inc. among others.

Rehabilitation Therapy Services Market

Select Medical Corporation

Select Medical Corporation is headquartered in Pennsylvania, U.S. and was founded in 1996. The company is focused on providing extraordinary patient care experience that enhances the healing and recovery in a compassionate environment. The company operates its business through several business segments that are critical illness recovery hospitals, rehabilitation hospital segment, outpatient rehabilitation segment and concentra segment in which rehabilitation hospital segment and outpatient rehabilitation segment are the market focused product. The company has wide product categories such as inpatients rehabilitation and out patients’ rehabilitation, in which inpatients rehabilitation and outpatients’ rehabilitation is the market focused category. The company is attaining lucrative growth through several strategic initiatives.

For instance,

  • In October 2020, Select Medical Corporation announced that their joint venture partnership with Cleveland and clinic was recognised as the best physical rehabilitation centres in Ohio, U.S. by Newsweek Magazine. This will increase the demand for the company’s rehab services and contribute to revenue of the company.

The company has wide presence across U.S. The company also has various subsidiary companies such as Selectmark Inc. (U.S.), Vibra Hospital of San Diego, LLC (U.S.), Concentra Kessier Professional Services LLC (U.S.), Rehab Associates LLC (U.S.), and NovaCare Rehabilitation (U.S.) among others.

Upstream Rehabilitation Inc.

Upstream Rehabilitation Inc. was founded in 2004. The company’s headquarter is in Alabama, U.S. The company is focused on inspiring the lives they touch by serving the community through their purpose driven passion. The company has two products which are out-patient services and specialized services in which outpatient services and specialized services are the market focused product. The company is attaining lucrative growth through several strategic initiatives.

For instance,

  • In January 2021, Upstream Rehabilitation Inc. expanded its product portfolio to telehealth virtual visits amid COVID-19. This has helped the company to be in continuous touch with their patients and deliver their services even during the pandemic.

The company has presence across U.S.

SUTTER HEALTH 

Sutter Health is headquartered in California, U.S. and was founded in 1996. The company is focused towards improving well-being of people in the communities by providing them not-for-profit commitment to compassion and excellence in healthcare services. The company has various products and that are physical therapy and rehabilitation in which physical therapy and rehabilitation are the market focused product. The company is attaining lucrative growth through several strategic initiatives.

For instance,

  • In February 2021, Sutter Health and Stanford Medicine have formalized a joint venture between the two health systems to expand access to coordinated, state-of-the-art cancer services for patients and their families in the East Bay. This step has helped the company to provide high quality care cancer.

The company has presence across North America.