VIRTUAL REHABILITATION AND TELEREHABILITATION SYSTEMS MARKET ANALYSIS

Regional Analysis

Virtual Rehabilitation and Telerehabilitation System Market - Regional Analysis

On the basis of the region, the global virtual rehabilitation and telerehabilitation system market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa.

North America is expected to exhibit significant growth in the virtual rehabilitation and telerehabilitation system market, owing to presence of major players such as Bridgeway Senior Healthcare and Virtualware Group. Moreover, developed healthcare infrastructure and various policies supporting telerehabilitation are also expected to aid in growth of the market in North America.

Asia Pacific is also expected to drive growth of the virtual rehabilitation and telerehabilitation system market, owing to increasing disability cases in the region. For instance, according to Central Government and Disability Census in India, in 2016, around 26.8 million people were disabled, which represented 2.21% of the total population. Moreover, increasing healthcare expenditure and rising awareness among the population in the region is contributing to growth of the Asia Pacific virtual rehabilitation and telerehabilitation system market.

Europe is expected to exhibit significant growth, owing to increasing number of approvals from the European Union for virtual reality rehabilitation devices. For instance, in February 2016, MindMaze received CE marking for its Immersive Virtual Reality (IVR) rehabilitation solution, MindMotionPRO, for neurological rehabilitation. MindMotionPRO is a hospital-based rehabilitation solution for early motor intervention in neurological patients.

Figure 2: Global Virtual Rehabilitation and Telerehabilitation System Market Share (%), By Region, 2018

Source: Coherent Market Insights Analysis (2019)