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The rise in demand for mobile technologies, increase in adoption of home care by patients, and reduction in hospital visits are expected to propel the growth of the market in the forecast years. Furthermore, healthcare in the U.S. is experiencing positive trends, with the emergence of telerehabilitation applications that help Americans to be active in personal health management, especially during the current COVID-19 pandemic. <br><br>Know - https://www.alliedmarketresearch.com/telerehabilitation-market-A31452
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GET PDF TELEREHABILITATION MARKET GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST 2021- 2031 KNOW MORE
CURRENT AND FUTURE MARKET SCENARIO • The telerehabilitation market size was valued at $3.7 billion in 2021 • The global telerehabilitation market is estimated to reach $12.9 billion by 2031 • The global telerehabilitation market registering a CAGR of 13.5% from 2022 to 2031. • Based on component the services segment was accounted for the largest revenue in the year 2021 and is remain dominant during forecast period. • Based on end-user, the market is segmented into healthcare providers and homecare. The homecare segment dominated the market in 2021, and is expected to remain dominant during the forecast period.
FACTORS CONTRIBUTING TO MARKET GROWTH • High demand for physical therapy, occupational therapy, and speech therapy. • Major players are investing in R&D for advanced telerehabilitation advanced technologies to decrease the incidences of chronic diseases • Rise in telecommunications network and reduction in healthcare cost For more detail: Click Here
TELEREHABILITATION MARKET SEGMENTATION • BY APPLICATION • Physical Therapy • Occupational Therapy • Speech Therapy • BY COMPONENT • Products • Type • Software • Hardware • Services • BY END-USER • Healthcare Providers • Homecare
The services segment was accounted for the largest revenue in the year 2021 and is remain dominant during forecast period. This was attributed to the growing implementation of telerehabilitation services such as healthcare facilities and homecare services. In addition, rise in demand for telerehabilitation services boosts the segment growth. The homecare segment dominated the market in 2021, and is expected to remain dominant during the forecast period, owing to factors such as rise in demand for mobile technologies, rise in adoption of home care by patients, and reduction in hospital visits.
GEOGRAPHICAL OVERVIEW • Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. • Based on region, Asia-Pacific is anticipated to exhibit substantial growth during the forecast period. • North America dominated the overall market in 2021, as high incidences of chronic diseases and rise in healthcare infrastructure. In addition, rise in technological innovations for rehabilitation, and increase in awareness regarding remote patient monitoring further drive the market growth in this region.
LEADING MARKET PLAYERS • American Well Corporation, • Hinge Health, Inc., • Humanus Corporation, • Included Health, Inc. (Doctor on Demand, Inc.), • Care Innovations, LLC., • Koninklijke Philips N.V., • MIRA Rehab Limited, • NeuroTechR3, Inc., • PT Genie, • UniQuest Pty Limited (NeoRehab).
A Report Titled “Telerehabilitation Market- Global Opportunities And Forecasts, 2021– 2031” Has Been Recently Published By Allied Market Research. It Makes An In-depth Analysis Of Current Trends, Drivers, And Restraining Factors That Affect Financial Ratios Relevant To The Industry. Company Profiles For Key Vendors In Business Builds A Comprehensive Picture Of Profitable Opportunities From Stakeholder’s Perspective. To Know More AboutTelerehabilitation Market- Opportunities and Forecasts, 2021– 2031 Read More Follow Allied Market Research
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