Global Telerehabilitation Systems Market, By Application (Cardio-pulmonary, Neurology, Orthopedic, and Others), By Component (Hardware and Software) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 254.6 Million in 2023 and is expected to exhibit a CAGR of 14.4% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.
To bring patient-centered, high-quality care to more communities, the various market players are engaged in the adoption of growth strategies, which is expected to offer significant growth opportunities for players operating in the global telerehabilitation systems market. On December 10, 2020, an article published by JMIR Rehabilitation and Assistive Technologies explained the research like although they might contradict with user-friendliness, affordability, and safety were equally crucial. For instance, designing a system specifically for the intended patients is the most effective way to make the telerehabilitation system user-friendly. However, the creation of specialized systems can make them less affordable. In order to meet all of these criteria, a novel strategy was used in this study to combine already-existing tools and applications, such as monitoring tools, and to reduce patient manipulation through the use of remote control.
Global Telerehabilitation Systems Market - Impact of Coronavirus (COVID-19) Pandemic
Since the outbreak of the COVID-19 pandemic in December 2019, the disease has spread to more than 100 countries worldwide and has been declared a public health emergency by the World Health Organization (WHO). The emergence of the coronavirus (COVID-19) pandemic claimed more than 27 million lives worldwide, according to a report by the World Health Organization. The COVID pandemic has changed the homeostasis of the medical world and is affecting millions of people worldwide. The global crisis has consequences for the world economy in addition to health. According to the World Health Organization (WHO), an article published on October 28, 2020 stated that in light of this massive economic slowdown, many countries have lifted their blockades, albeit for shaky reasons. With the reopening of services in many countries, dermatology and aesthetic clinics, which faced a bleak future, began to open according to strict Standard Operating Procedures (SOPs).
On July 1, 2021, an article published by National Center for Biotechnology Information explained that the sample consisted of 222,680 patients. Overall, the telerehabilitation rate was six percent, increasing from 10 percent to 5 percent in the second and third quarters of 2020. Outcome measures were available for 90 to 100 percent of episodes. 37 percent of clinics provided therapy through telerehabilitation. Patients treated with telerehabilitation were more likely to be younger and live in large metropolitan areas. The results provide new information about who and how telerehabilitation is managed in outpatient rehabilitation practice in the U.S. during the pandemic. The evaluated database was found suitable for conducting research on the relationship between TR and various outcome measures, controlling a wide range of patient characteristics, recommending the best treatment models for TR and promoting quality care.
Global Telerehabilitation Systems Market: Key Developments
On December 10, 2020, an article published by JMIR Rehabilitation and Assistive Technologies explained that the telerehabilitation system was developed by combining existing equipment and applications, including a pulse oximeter and a remote control mechanism, to achieve ease, affordability and safety, which were defined as system requirements. In a feasibility study, nine out of 10 patients were able to use the telerehabilitation system without on-site assistance.The average of each item was 4.7, and in the additional items related to telerehabilitation, the average of each item was 4.3.
On September 21, 2020, an article published by contemporary reviews in Neurology and Neurosurgery stated the development as the creation of applications using multimedia and gamification strategies for the rehabilitation of patients with physical limitations is a recent development in the telerehab industry. One such is "RehabHome," a platform built on commercially available and reasonably priced gadgets like "Kinect" or "Nintendo Wii," which creates a virtual environment for the patient and makes use of "exergames" to boost the rehabilitation involvement.
Browse 48 Market Data Tables and 44 figures spread through 175 pages and in-depth TOC on “Global Telerehabilitation Systems Market”- Forecast to 2030 Global Telerehabilitation Systems Market, By Application (Cardio-pulmonary, Neurology, Orthopedic, and Others), By Component (Hardware and Software) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)
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https://www.coherentmarketinsights.com/market-insight/telerehabilitation-systems-market-3842
Key Takeaways of the Global Telerehabilitation Systems Market:
- It explores potential revenue opportunities in various segments and explains attractive investment proposition matrices for these markets
- This study also provides key insights into market drivers, restraints, opportunities, new drug launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in global telerehabilitation systems market based on the following parameters: company overview, financial performance, drug portfolio, market presence, distribution strategies, key developments, strategies and future plans
- The main companies involved in this study include Reflexion Health, Inc., 270 Vision Ltd., CoRehab srl, Hinge Health, SWORD Health, MIRA Rehab Limited, Flex, Neuro Rehab VR, Evolv Rehabilitation Technologies SL, Yancheng Tianrun Medical Technology Co, Ltd, Tyromotion Gmbh, Brontes Processing Ltd., Bridgeway Senior Healthcare, Rehametrics, Geminus-Qhom, MindMaze, DIH Medical, and Doctor Kinetics
- From this report, marketers and business executives were empowered to make informed decisions about future drug launches, drug class advancements, market expansion, and marketing tactics
- The global telerehabilitation systems market report serves various stakeholders in the industry including investors, suppliers, pharmaceutical manufacturers, distributors, new entrants, and financial analysts
- Various strategy matrices used in analyzing the global telerehabilitation systems market would facilitate stakeholders' decision-making
