#Telerehabilitation Market Growth

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Telerehabilitation Market : Breaking Barriers in Access to Quality Care 🌍📡

Industrial Snapshot of Telerehabilitation Market

The Telerehabilitation Market Report is a treasured source of insightful data for business strategists. It provides an in-depth assessment of numerous features of industries like market overview, present progress valuations, historical and future Studies, current trends, SWOT valuations, and clients operating in several regions. The study provides valuable information to magnify the understanding, scope, and segments of this report. The report covers a comprehensive analysis of Telerehabilitation Market segmentation, regional and country breakdowns. This research will offer a clear and exact idea about the whole industry to the readers to make beneficial decisions.

According to Straits Research, the global Telerehabilitation market size was valued at USD 4.8 billion in 2023. It is projected to reach from USD 5.5 billion in 2024 to USD 15.5 billion by 2032, growing at a CAGR of 13.7% during the forecast period (2024–2032).

This study pinpoints noteworthy trends influencing the trajectory of the Gesture Recognition market's expansion. Within this recently issued report, crucial dynamics encompassing drivers, limitations, and prospects are underscored. These aspects hold relevance for well-established market entities as well as emerging stakeholders engaged in the realms of production and supply.

Request a Sample Report @ https://straitsresearch.com/report/telerehabilitation-market/request-sample

Competitive Analysis

The report contains an in-depth analysis of the vendor’s profile, including financial health, business units, key business priorities, SWOT, strategies, and views.

American Well Doctor On Demand, Inc.

Hinge Health, Inc.

MIRA Rehab Limited

Koninklijke Philips N.V

Cisco

NeoRehab

Jintronix

C3O Telemedicine

Care Innovation, LLC

Bosch Healthcare

Cloud Physio

Medvivo Group

The vendors have been identified based on the portfolio, geographical presence, marketing & distribution channels, revenue generation, and significant R&D investments.

Request Sample Report of Global Telerehabilitation Market @ https://straitsresearch.com/report/telerehabilitation-market/request-sample

Vendors across different verticals are planning for high investments in this market, and as a result, the market is expected to grow at an impressive rate in the upcoming years. The key players are adopting various organic and inorganic growth strategies such as mergers & acquisitions, collaboration & partnerships, joint ventures, and a few other strategies to be in a strong position in the global market.

Market Segmentation Analysis

The report provides a wide-ranging evaluation of the market, providing in-depth qualitative insights, historical data, and supportable projections along with the assumptions about the Telerehabilitation Market size. The projections featured in the report have been derived using proven research methodologies and assumptions based on the vendor’s portfolio, blogs, white papers, and vendor presentations. Thus, the research report represents every side of the Telerehabilitation Market and is segmented on the basis of regional markets, offerings, applications, and end-users.

By Component

Hardware

Software

By Services

Clinical Assessment

Clinical Therapy

By Therapy

Physical Therapy

Occupational Therapy

By Application

Cardiovascular

Orthopedic

Neurology

Pediatric

Access Detailed Segmentation @ https://straitsresearch.com/report/telerehabilitation-market/segmentation

Regional Analysis for Telerehabilitation Market

The regional analysis offers a comprehensive view of the Telerehabilitation Market sales and growth across global and country-level markets. It provides volume and market size data by region, with insights into growth trends in countries like the United States, Canada, Germany, France, China, Japan, and more. The analysis also covers major regions such as North America, Europe, Asia-Pacific, South America, and the Middle East & Africa.

[waywardunknowntheorist]

Cardiac Rehabilitation Market: Helping the Cardiovascular ailments

Cardiac rehabilitation is a growing market and is gaining weight, with the rising prevalence of cardiovascular diseases globally. Cardiac rehabilitation is becoming a stop solution to improve the patient's condition post-cardiac event, hence reducing mortality ratio, and improving a patient's quality of life.

Market Overview

A recent study has provided insights that the global cardiac rehabilitation market will procure a significant expansion during the upcoming years. The market will value US$ 2.3 billion in 2023 and reach US$ 3.4 billion in 2031, registering a CARG of 6.7%. The market has a growing population and increases in the incidence of sedentary lifestyles.

Major Market Drivers

- Prevalence of cardiovascular diseases: Increasing prevalence of CVDs such as coronary heart disease, heart failure, and arrhythmias across the globe act as prime drivers for market growth.

- An aging population: The older population is highly exposed to cardiovascular diseases, which escalates the demand for cardiac rehabilitation services.

- Technological advancements: The infusion of digital health solutions and systems for remote monitoring is changing the dynamics of cardiac rehabilitation and, in turn, increasing the opportunities for the market.

•             Favorable Reimbursement Policies: Government initiatives and insurance coverage for cardiac rehabilitation programs are instrumental in boosting the market growth.

United States – The Leader

The United States is one of the major markets for cardiac rehabilitation, with a mature healthcare infrastructure and significant investment in the treatment of cardiovascular diseases. The number of cardiac rehabilitation centers in the country is growing at a fixed rate, and they are currently providing treatments to an extensive pool of patients. Furthermore, the influential market expansion factor includes the effect of the changes in the reimbursement policies for cardiac rehabilitation by the Centers for Medicare & Medicaid Services (CMS).

Future Outlook

The cardiac rehabilitation market is projected to expand further with an increase in the adoption of preventive healthcare measures, the development of innovative rehabilitation programs, and a surge in services in telerehabilitation. Major players in the market are expected to focus on research and development to bring on board advanced technologies and the development of personalized treatment plans.

In sum, the cardiac rehabilitation market offers fertile soil for healthcare providers and medical device and technology firms. With a keener focus on proactive care and the management of chronic disease experienced all across the world, demand for effective solutions for cardiac rehab is poised to surge, buoying market development while it steadily unravels new opportunities for all its stakeholders.

[poonamcmi]

U.S. Physical Therapy Virtual and Telerehabilitation Services Market Is Estimated To Witness High Growth Owing To Increasing

The U.S. Physical Therapy Virtual and Telerehabilitation Services market is estimated to be valued at US$142.2 Mn in 2021 and is expected to exhibit a CAGR of 13.1% over the forecast period 2021-2028, as highlighted in a new report published by Coherent Market Insights. Market Overview: Physical Therapy Virtual and Telerehabilitation Services are remote healthcare services that leverage technology to provide rehabilitation therapy to patients. These services allow patients to receive therapy sessions from the comfort of their homes, reducing the need for in-person visits and increasing convenience. The advantages of these services include increased accessibility, personalized care, cost-effectiveness, and time savings. The rising demand for telehealth services, especially during the COVID-19 pandemic, has further accelerated the adoption of physical therapy virtual and telerehabilitation services. Market Key Trends: One key trend in the U.S. Physical Therapy Virtual and Telerehabilitation Services market is the increased adoption of telehealth services by healthcare providers and patients. The COVID-19 pandemic has led to a significant shift towards virtual healthcare services, including rehabilitation therapy. Healthcare providers have increasingly embraced telehealth platforms to ensure continuity of care for their patients. Patients, on the other hand, have recognized the convenience and flexibility offered by virtual therapy sessions, leading to higher acceptance and utilization. For example, many physical therapy clinics have implemented virtual platforms such as VPT (Virtual Physical Therapists) and MindStreet, Inc., allowing patients to receive therapy remotely. These platforms provide a wide range of therapy exercises and monitoring capabilities to ensure effective treatment. PEST Analysis: - Political: The political landscape in the U.S. plays a crucial role in shaping the telehealth industry. Government regulations and policies regarding telemedicine reimbursement, licensing, and privacy are key factors impacting the adoption and growth of physical therapy virtual and telerehabilitation services. - Economic: The economic factors driving the growth of the market include cost savings associated with virtual therapy sessions, reduced healthcare expenses for patients, and increased efficiency in healthcare delivery. - Social: The growing aging population in the U.S. and the increasing prevalence of chronic conditions are driving the demand for rehabilitation services. Virtual therapy provides a solution to address the challenge of accessibility and improve patient outcomes. - Technological: Advancements in technology, such as improved video conferencing capabilities, remote patient monitoring devices, and virtual reality (VR) platforms, have significantly enhanced the effectiveness of virtual therapy sessions. Key Takeaways: - The U.S. Physical Therapy Virtual and Telerehabilitation Services Market Growth is expected to witness high growth, exhibiting a CAGR of 13.1% over the forecast period, due to increasing adoption of telehealth services. - The fastest growing and dominating region in the market is the United States, given its well-established healthcare infrastructure, favorable reimbursement policies, and high acceptance of telehealth services. - Key players operating in the U.S. Physical Therapy Virtual and Telerehabilitation Services market include MTI America, VPT (Virtual Physical Therapists), Conversa Health, MindStreet, Inc., MEDRISK, Global Outreach TeleRehabilitation Services, Inc., Empatha, GestureTek Inc., Neuro Rehab Vr, American Well, LiteGait, Doctor On Demand, Inc., Hinge Health, Inc., Care Innovations LLC., and Jintronix.

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Global Virtual Rehabilitation And Telerehabilitation Systems Market Is Estimated To Witness High Growth Owing

The global Virtual Rehabilitation and Telerehabilitation Systems Market is estimated to be valued at US$192.7 million in 2019 and is expected to exhibit a CAGR of 19.2% over the forecast period (2019-2027), as highlighted in a new report published by Coherent Market Insights. With the advent of technological advancements, virtual rehabilitation and telerehabilitation systems have emerged as innovative solutions for enhancing the rehabilitation process. Market Overview: Virtual rehabilitation and telerehabilitation systems are advanced healthcare technologies that leverage virtual reality (VR), augmented reality (AR), and telecommunication technologies to deliver remote rehabilitation services. These systems enable healthcare professionals to remotely monitor, assess, and guide patients in their rehabilitation journey, eliminating the need for in-person visits. By providing an immersive and interactive environment, these systems enhance patient engagement, motivation, and adherence to therapy, resulting in better rehabilitation outcomes. Market Key Trends: One key trend in the Virtual Rehabilitation And Telerehabilitation Systems Market is the increasing adoption of wearable devices. These devices, such as motion sensors, haptic gloves, and virtual reality headsets, enable real-time tracking of patients' movements and provide feedback, making the rehabilitation experience more interactive and personalized. For example, Reflexion Health, Inc., offers the Vera virtual rehabilitation platform, which combines wearable sensors with an avatar-based interface to deliver personalized therapy programs. Porter's Analysis: Threat of new entrants: The virtual rehabilitation and telerehabilitation systems market requires significant investments in research and development, as well as expertise in healthcare technology. These entry barriers reduce the threat of new entrants. Bargaining power of buyers: With the increasing demand for remote rehabilitation services, buyers have the advantage of choosing from a wide range of virtual rehabilitation and telerehabilitation systems available in the market. This increases their bargaining power. Bargaining power of suppliers: Suppliers of virtual rehabilitation and telerehabilitation systems, such as hardware and software providers, hold some bargaining power due to their specialized offerings. However, as the market expands, new suppliers are entering, reducing the overall supplier power. Threat of new substitutes: Traditional in-person rehabilitation services are the main substitutes for virtual rehabilitation and telerehabilitation systems. However, the convenience and effectiveness offered by virtual systems make them a preferred choice, reducing the threat of substitutes. Competitive rivalry: The virtual rehabilitation and telerehabilitation systems market is characterized by intense competition among key players. With the aim to capture a larger market share, companies are investing in research and development activities to develop innovative solutions. Paragraph 3: Key players operating in the global virtual rehabilitation and telerehabilitation systems market include Reflexion Health, Inc., 270 Vision Ltd., CoRehab srl, Hinge Health, Inc., SWORD Health, S.A., MIRA Rehab Limited, Bridgeway Senior Healthcare, Motekforce Link, GestureTek Inc., Virtualware Group, Motorika Medical Ltd., LiteGait, Doctor Kinetic, and Mindmaze. These companies are focusing on product development, strategic partnerships, and mergers and acquisitions to enhance their market presence. In conclusion, the virtual rehabilitation and telerehabilitation systems market is poised for significant growth in the coming years. With the integration of advanced technologies and increasing demand for remote healthcare solutions, these systems offer immense potential to revolutionize the rehabilitation process and improve patient outcomes.

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Navigating the Landscape of Medical Rehabilitation Services

The global medical rehabilitation services market size is expected to reach USD 385.9 billion by 2030. Medical rehabilitation services are intended to reduce disability and optimize functioning in individuals with specific health conditions.

Gain deeper insights on the market and receive your free copy with TOC now @: Medical Rehabilitation Services Market Report

The growth of the market is attributed to the rising geriatric population, the increasing prevalence of chronic conditions among adults, and the increasing number of children with developmental conditions. These factors are anticipated to increase the demand for the services due to the need for rehabilitation to prevent, treat, and manage these conditions. Rehabilitation services help to either minimize or slow down the disabling effects of chronic conditions in patients. For instance, according to the WHO as of July 2022, 1.71 billion people suffer from musculoskeletal conditions globally. These injuries are a leading cause of disability globally that limit the mobility and agility of patients leading to early retirement.

Medical rehabilitation helps to reduce hospital stays, thereby reducing healthcare expenditure, which is anticipated to boost market growth. Further, the increasing adoption of telerehabilitation services is projected to further drive the market due to the increased affordability and reduced costs. Increasing initiatives are undertaken by the government to increase the adoption of these services to fuel the growth of the market. For instance, Community Based Inclusive Development (CBID) program launched by the Indian Government in May 2021 aimed at providing training to rehabilitation workers with ground knowledge for managing cross-disability issues in disabled individuals working with ASHA and Anganwadi workers.

The increasing number of initiatives undertaken by the key players in the market in order to provide innovative solutions to the user is estimated to further drive the market during the forecast period. For instance, in October 2021, MindMaze Healthcare announced a partnership with Royal Buckinghamshire Hospital (RBH) for its MindPod platform targeted to treat motor and cognitive restoration in stroke patients. MindPod is an animated gaming environment developed by Johns Hopkins University School of Medicine's Department of Neurology that helps to repair the nervous systems after a stroke.

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Telerehabilitation Market Size, Share, Top Companies, Latest Trends, Growth Factors and Forecast 2023-2028

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[healthcaremarketfmi]

Home Rehabilitation Services Market New Technological Development Projecting Massive Growth till 2032

[250 Pages Report] According to Future Market Insight’s latest analysis, the global home rehabilitation services market was valued at over US$ 84.1 Bn in 2021 and is expected to exhibit a CAGR of close to 4.8% over the forecast period (2022-2032).

The home rehabilitation services market is witnessing a high demand owing to the rising prevalence of chronic disease, surge in the population with disability and the increase in the number of baby boomers.

According to the World Health Organization, more than 1 billion people in the world live with disability. Some health conditions associated with a disability will result in poor healthcare needs. In most parts of the world, people with disabilities face extreme barriers while accessing health and rehabilitation services.

It is critical for home care patients to not only identify each subject’s stimuli, incorporate them into everyday life, and increase the number of times in training, but also to observe tenderly and attend with sympathy. Such a strategy would alleviate a subject’s worry while also providing motivation and peace of mind.

The increased awareness of the benefits of home rehabilitation services among physicians and patients and rising trend of home healthcare government support and initiative and the increasing adoption of telerehabilitation and e-health will provide even more attractive potential for market expansion.

“Increasing popularity of telehealth services, along with growing demand for ortho rehabilitation will augment the growth in the market over the assessment period,” says an FMI analyst.

Key Takeaways:

Sales in the ortho rehabilitation segment are forecast to increase at a 5% CAGR over the assessment period.

The U.S. will dominate the North America home rehabilitation services market and held 92.8% of the total market share in 2021.

Demand for home rehabilitation services in China will grow at a 5% CAGR through 2032.

Australia will emerge as a lucrative pocket, with demand growing at a 4.6% CAGR over the forecast period.

For more Information: https://www.futuremarketinsights.com/reports/home-rehabilitation-services-market

Competition Landscape

Key service providers are collaborating at all levels of the health system to develop technical, policy, and research capability, as well as increase political commitment and inspire leadership.

Various manufacturers are also utilising modern technologies and supporting simple, low-cost service delivery methods to provide access to rehabilitation in the home and community, which is where it is most needed. For instance:

In late 2020, ReLAB-HS launched a five-year initiative adapted to satisfy the growing need for physical rehabilitation services in low- and middle-income countries.

Key Market Segments Covered in Home Rehabilitation Services Industry Research

By Service Type:

Ortho Rehabilitation

Neuro Rehabilitation

Cardiopulmonary Rehabilitation

Geriatric Rehabilitation

Others

By Region:

North America

Latin America

Europe

South Asia

East Asia

Oceania

Middle East and Africa (MEA)

Which Factors are Restraining the Demand for Home Rehabilitation Services?

Despite the growing scope of services in the developed countries, home tele-rehabilitation services tend to face many challenges across developing economies. Factors such as the lack of physician skills required in e-health, apprehensions associated with data privacy, and the dearth of national e-health policies, will hinder the growth in the home rehabilitation services market.

Most of the healthcare professionals are not well acquainted with the latest information technologies, and also find it difficult to handle modern gadgets. There is a lack of telemedicine experts in many developing countries, which can hamper demand for home rehabilitation services.

More Insights into Home Rehabilitation Services Market Report

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032.

The global home rehabilitation services market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the home rehabilitation services market segment based on   By services– (ortho rehabilitation, neuro rehabilitation, cardiopulmonary rehabilitation, geriatric rehabilitation, and others), and across seven major regions.

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Advancement in physical therapy is driving growth of Telerehabilitation services market

Market Overview:

Telerehabilitation is the application of information and communication technologies to provide rehabilitation services to patients or other healthcare professionals. It is also referred to as telecare, and it empowers individuals with a disability to take charge of their health and personal care. Using telerehabilitation services, patients can receive the same care as patients in a local health care facility.

Competitive Landscape:

270 Vision Ltd., CoRehab srl, SWORD Health, S.A., MIRA Rehab Limited, re.flex, Evolv Rehabilitation Technologies S.L., Brontes Processing Ltd., Bridgeway Senior Healthcare, Rehametrics, MindMaze , DIH Medical, and Doctor Kinetic

Key Market Drivers:

Increasing number of partnership and collaboration among key players is a major factor augmenting growth of the market. For instance, in October 2021, WizeCare Partners with Essen Health Care to advance value-based care through personalized all-in-one telerehabilitation platform.

Advancement in the technology is another major factor driving growth of the telerehabilitation services market. For instance, in November 2020, DKV has adopted the digital telerehabilitation platform ReHub as a technological solution to improve the assistance to users of its 1,400 affiliated rehabilitation centres throughout Spain.

Covid-19 Impact Analysis 

The outbreak of Covid-19 pandemic has impacted the telerehabilitation systems market negatively due to travel restrictions. This has created shortage of raw materials and components that has affected the supply chain of the telerehabilitation service market.

Key Takeaways:

1.      The telerehabilitation systems market is expected to exhibit a CAGR of 15.0% over the forecast period owing to the advancement in the telerehabilitation system.

2.      North America is expected to witness significant growth over the forecast period owing to the continuous launch of new product in the region. For instance, in January 2019, MbientLab, a company building the next generation of sensors and tools for the healthcare industry, launched MIOTherapy (MIO), a wearable technology for physical and occupational therapists.

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Telerehabilitation Market Size, Share, Top Companies, Latest Trends, Growth Factors and Forecast 2023-2028

http://dlvr.it/SqdbKS

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The material data and figures gathered from the nonsupervisory authorities are presented in the global Virtual Rehabilitation and Telerehabilitation Systems disquisition report to review the expansion of each member.

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Telerehabilitation Systems Market Recording a Substantial Rise in Market Share during the Forecast Period 2027

Market Overview

According to a study published in the Journal of Clinical and Diagnostic Research in 2018, telerehabilitation services offer various advantages such as low bandwidth consumption, low-cost technology devices, streamlined connectivity, and user-friendly applications that can make the telerehabilitation system popular and successful in Indian settings. The same study indicated that telerehabilitation providers should also advertise their successful implementation and use in Indian settings.

The increase in the number of injury cases is projected to boost the market of the global market for telerehabilitation systems during the forecast years. For example, according to the Central Government and Disability Census in India, about 26.8 million people were disabled in 2016, representing 2.21% of the total population.

The demand for the telerehabilitation systems market is projected to be worth US$ 201.8 million in 2020 and is anticipated to have a CAGR of 13.4 percent during the forecast years (2020-2027).

Demand for Telerehabilitation Systems – Geographical Overview

North America accounted for the highest market share of telerehabilitation systems in 2019 due to the growing emphasis of key players on the production and market launch of technologically advanced telerehabilitation systems for highly prevalent diseases. In March 2019, for example, Neuro Rehab VR, a U.S.-based business, and the University of North Texas Health Science Center collaborated with the University of Texas at the Arlington Research Institute (UTARI).

To More Information about Telerehabilitation Systems Market @ https://www.globenewswire.com/news-release/2020/05/14/2033626/0/en/Telerehabilitation-Systems-Market-to-Surpass-US-485-6-Million-globally-by-end-of-2027-Says-CMI.html