Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 801.79 Million | USD 1425.2 Million | 6.6% | 2023 |
Zion Market Research has published a report on the global Telerehabilitation Systems Market, estimating its value at USD 801.79 Million in 2023, with projections indicating that it will reach USD 1425.2 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.6% over the forecast period 2024-2032. The report explores the factors fueling market growth, the hitches that could hamper this expansion, and the opportunities that may arise in the Telerehabilitation Systems Market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
Telerehabilitation can be known as a telemedicine branch. Although this sector is substantially new, its use in developed countries has expanded rapidly. Telerehabilitation typically lowers the cost to both health care services and patients compared to conventional inpatient and person-to-person treatment. In addition, patients living in remote areas where conventional recovery facilities may not be readily available will benefit from this technology. However, some drawbacks of telerehabilitation, including skepticism on the part of patients due to remote interactions with their doctors or rehabilitators, should not be overlooked.
Patient visits and hospital stays are increased due to the high incidence of chronic diseases. In addition, fluctuations in patient inflows, personnel deficiency, and resource constraints are factors that contribute to poor patient conditions and overcrowding of the intensive care unit. This obliges healthcare providers to introduce telehealth services such as telerehabilitation in the healthcare sector. Telerehabilitation technologies reduce human effort, boost overall service efficiency, and help to achieve operational efficiencies in the healthcare sector. The disparity between high patient inflows and understaffing in health centers is therefore one of the main factors that will drive the growth of the market in telerehabilitation systems.
The rise of Industry 4.0 healthcare firms is currently contributing to the introduction of advanced technologies. Increasing the integration of IoTs and sensors to efficiently track patients and offer real-time care would accelerate the deployment of telehealth solutions such as telerehabilitation. The incorporation of virtual reality into healthcare processes provides an opportunity to collect data and gain knowledge through IIoT. This will boost the market growth during the forecast era.
Report Attributes | Report Details |
---|---|
Report Name | Telerehabilitation Systems Market |
Market Size in 2023 | USD 801.79 Million |
Market Forecast in 2032 | USD 1425.2 Million |
Growth Rate | CAGR of 6.6% |
Number of Pages | 110 |
Key Companies Covered | Philips Healthcare, C3O telemedicine, Care Innovations LLC., Cisco Systems Inc., Honeywell International Inc., Bosch Healthcare, Medvivo Group, Cloud Physio, Jitrnonix, TeleVital, and NeoRehab among others. |
Segments Covered | By Type, By End User, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
In chronic heart disease, rehabilitation is one of the key focus to improve the health of patients, along with a dramatic reduction in cardiac risk factors, primarily through changes in lifestyle. Inpatient rehabilitation is generally efficient and effective, while the quality of rehabilitation in outpatients is limited. In a supervised and controlled-phase program, only 13 percent to 40 percent of the overall cardiac patient population in Germany conducted cardiac rehabilitation. The SAPHIRE system is one example of telerehabilitation implemented for cardiovascular diseases. It comprises a touch-screen bicycle and wireless sensors to verify the blood pressure, ECG, and oxygen saturation of patients in real time.
The best rehabilitation for patients in the case of neurological disorders such as brain damage or cognitive difficulties is to stimulate the brain with suitable environmental experiences. At this point, neurological telerehabilitation methods are possibly not well established because of the limited history of neurological rehabilitation strategies and have a concrete theoretical framework.
The effectiveness of virtual reality has been enhanced by recent studies in human-computer interfaces. Virtual reality consists of simulations of a physical world by dedicated devices such as personal computers with particular graphical characteristics. Devices such as robotic arms and legs, smart glasses, and data gloves could connect with the machine. Such smart devices could be used in a 3-dimensional world simulation and can provide a greater feeling of immersion in the simulated environment.
Musculoskeletal disorders have a high impact on the provision of health care. A randomized study was performed to determine the efficacy of a telerehabilitation strategy in place of traditional face-to-face practice. The literature review evaluated 898 research on the accuracy and consistency of the internet physiotherapy assessment for musculoskeletal disorders. Many of the telerehabilitation methods were accurate if they were used for certain physical conditions, except for lumbar spine posture, in which the final result was not clear. In fact, the findings showed that the intervention had detailed scores from low to moderate.
By Geography, the telerehabilitation systems market is segmented into North America, Europe, Latin America, Asia Pacific, and the Middle East and Africa.
North America and Europe have a significant stake due to the presence of a large number of main players in these regions. In addition, favorable healthcare facilities and the availability of financial compensation in these facilities, along with the growth in diverse technical skills and knowledge, are fuelling the North American market. Middle East & Africa is experiencing a substantial demand for telerehabilitation services due to a large patient pool and a scarcity of healthcare services in the region.
In Asia Pacific, the growth in the geriatric population in Japan is accelerating the use of telerehabilitation facilities in the country. Increasing healthcare facilities and a reduced physician-to-patient ratio in emerging countries such as India and China give substantial opportunities for investment in telerehabilitation services.
The major players in the global telerehabilitation systems market include
Global Telerehabilitation Systems Market: Type Segment Analysis
Global Telerehabilitation Systems Market: End User Segment Analysis
Global Telerehabilitation Systems Market: Regional Segment Analysis
FrequentlyAsked Questions
Patient visits and hospital stays are increased due to the high incidence of chronic diseases. In addition, fluctuations in patient inflows, personnel deficiency, and resource constraints are factors that contribute to poor patient conditions and an overcrowding of the intensive care unit. This obliges healthcare providers to introduce telehealth services such as telerehabilitation in the healthcare sector.
According to Zion Market Research, the global Telerehabilitation Systems Market, estimating its value at USD 801.79 Million in 2023, with projections indicating that it will reach USD 1425.2 Million by 2032. The market is expected to expand at a compound annual growth rate (CAGR) of 6.6% over the forecast period 2024-2032.
North America and Europe have a significant stake due to the presence of a large number of main players in these regions. In addition, favorable healthcare facilities and the availability of financial compensation in these facilities, along with the growth in diverse technical skills and knowledge, are fuelling the North American market. Middle East & Africa is experiencing a substantial demand for telerehabilitation services due to a large patient pool and a scarcity of healthcare services in the region.
The major players in the global telerehabilitation systems market include Philips Healthcare, C3O telemedicine, Care Innovations LLC., Cisco Systems Inc., Honeywell International Inc., Bosch Healthcare, Medvivo Group, Cloud Physio, Jitrnonix, TeleVital, and NeoRehab among others.
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