HOMECARE REHABILITATION SERVICE MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Key Developments

• In May 2024, Infinity Rehab, a prominent provider of rehabilitation therapy services, formed a strategic partnership with Wilber Care Center. This partnership strengthens Infinity Rehab's position in the healthcare industry, allowing the organization to expand its reach and improve service delivery across the region.
• In April 2024, Mumtada Medical Company, a prominent healthcare provider in Saudi Arabia, entered into a strategic partnership with Mass General Brigham to offer advanced rehabilitative services and long-term post-acute care. As part of this partnership, Mass General Brigham will assist in establishing the Mumtada Rehabilitation Hospital in Riyadh, marking the first step in enhancing healthcare services in the region.
• In April 2024, Encompass Health, a leading provider of rehabilitation services, announced plans to build a 50-bed inpatient rehabilitation hospital in San Antonio, Texas. This expansion is part of the company's strategy to increase its presence in the region and enhance its service offerings in the rehabilitation ecosystem.
• In March 2024, SportsMed Physical Therapy, a leading provider of rehabilitation services in the U.S., launched SportsMed HomeCare. This new service expands its offerings of physical therapy, occupational therapy, and speech therapy to homebound patients across the New Jersey & Connecticut regions, enhancing patient access to care.
• In October 2023, The Health Service Executive (HSE) of Ireland introduced a new model of care for cardiac rehabilitation aimed at bringing services closer to patients' homes. The model integrates hospital and community care, emphasizing personalized care plans, early engagement during hospital stays, and automatic referrals for rehabilitation after discharge.