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Telerehabilitation is the branch of telemedicine reduces the costs of both healthcare providers and patients compares with traditional rehabilitation. It is the application of telecommunication which provides distant support, intervention and assessment to individuals with disorders. Telerehabilitation offers a diversity of clinical applications include the facility of assistive technology, teleconsultation by physiatrists, specialised clinicians for clinics, remote therapy using tools, and others. Telerehabilitation services are needed for assessment, monitoring, consultations, diagnosis, and to manage therapies or to propose interactive therapies or therapeutic settings.
Global Telerehabilitation Market Size & Growth:
The global telerehabilitation market was valued at $XX Billion in 2019 and is estimated to reach $XX Billion by 2025 at a CAGR of XX% during the forecast period 2019-2025. The prominent factors driving the telerehabilitation market growth are increasing ageing population, integration of virtual technology, a growing number of mobile applications, and support from government and non-profit organisations. Also, the high prevalence of chronic diseases, integration of telecommunication tools in the clinical practice of rehabilitation, the rise in adoption of home care settings by patients, and company’s collaborations are also the key attributes promoting the telerehabilitation market growth.
However, lack of insurance facilities, the high cost of the process, and lack of skilled people and professionals are the primary factors hampering the global telerehabilitation market growth during the forecast period. Increase in mobile health and cloud computing technologies and rapid progress of technology are creating profitable opportunities for the market growth during the forecast period 2019-2025. Willingness to adopt new approaches and methods are growing and would be required for the successful integration
Global Telerehabilitation Market Segments Share:
The global telerehabilitation market is segmented based on type, therapy type, technology, end user, and geography. By type, the global telerehabilitation market is categorised into clinical assessment and clinical therapy. Among these, clinical therapy is estimated to hold the most significant market share is owing to increasing ageing population, growing awareness about technologies, and growing mobile applications. By therapy type, the market is classified as physical therapy, occupational therapy, cancer therapy, and others. There are subsequent advances taking place in the conduct of practice, particularly in the areas of physical therapy, occupational therapy, audiology, speech-language pathology, and neuropsychology. These trends are creating rising demands for health and rehabilitation services. Cancer therapy and occupational therapy segments hold the most significant market share in the overall telerehabilitation market.
By technology, the market is divided into text-based, audio based and video based. Among these, video-based technology shows the promising growth during the forecast period owing to the growing usage of mobile applications, easy installation and provide excellent outcomes. By geography, the market is segregated into North America, South America, Europe, Asia Pacific, and the Middle East and Africa. North America and Europe regions are estimated to hold the most significant market share are owing to the massive presence of key players, favourable healthcare facilities and availability of telerehabilitation reimbursements. The developing economies like China and India show strong growth potential and investment opportunities due to low doctor-patient ratio. The Middle East & Africa region has a vast demand in the telerehabilitation market due to the large
Global Telerehabilitation Market Trends:
Global Telerehabilitation Market Research Report:
An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
To have a complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried out to understand the market more comprehensively.
Regional and Global Diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
Identifying DROC in the current market and their impact on altering the market dynamics.
Competitive landscape analysis to identify the mergers and acquisitions which will have a comparative financial analysis with significant competitors.
Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
The primary critical players in the Global Telerehabilitation Market are:
Along with these companies, there were many other companies considered/ cited in the report while analysing the global Telerehabilitation market. These companies hold substantial share-owning to the nature of the industry whereas the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and stable customer base.
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Starting from $2700
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