Telerehabilitation Market - By Component (Hardware, Software), By Therapy (Occupational, Physical Therapy), By Application (Cardiovascular, Neurology, Orthopedic) By End-use (Healthcare Facilities, Homecare Setting,) & Forecast 2023 - 2032

Telerehabilitation Market Size

Telerehabilitation Market size accounted for USD 4.3 billion in 2022 and is estimated to grow at 13.3% between 2023 and 2032. Rising geriatric population and increasing demand for virtual rehabilitation is expected to boost the market growth.
 

For instance, according to the World Health Organization (WHO), the proportion of people aged 60 years and older is exponentially growing globally. In 2019, the number of people aged 60 years and older was 1 billion. This number is projected to rise to 1.4 billion by the end of 2030 and reach 2.1 billion by 2050. Therefore, aging often results in a decline in physical and cognitive abilities leading to a higher risk of falls, injuries, and chronic conditions.
 

Telerehabilitation refers to the use of telecommunication technologies such as video conferencing and remote monitoring to provide rehabilitation services to patients in a remote setting. Telerehabilitation services include therapeutic interventions, remote monitoring of progress, education, training, consultation and a means of networking for people with disabilities. Also, telerehabilitation enables patients to receive various rehabilitation services by eliminating the need to visit a therapy clinic or hospital and enables gain access to rehabilitation services at the comfort of their home. This helps to overcome the healthcare problems faced in remote areas and enables patients to gain better access to healthcare.
 

COVID-19 Impact

The emergence of COVID-19 pandemic has impacted the global economy and significantly affected various industries by directly affecting the production, demand and supply chain of companies in the overall market. Telerehabilitation have played a prominent role in bridging the gap between the patients and healthcare consultants. To limit the risk of transmitting the virus either to the patients or healthcare care workers, telerehabilitation software solutions reported a multi-fold increase in the number of patients using rehabilitation. For instance, in 2020, according to the Centers for Disease Control and Prevention, 154% increase in the virtual healthcare visits were noted in the last week of March as compared with the same period in 2019. Such trends lead to an increase in the adoption of telerehabilitation solutions and positively influenced the market progression.
 

Telerehabilitation Market Trends

Increasing demand for virtual consultation services and growing adoption of telerehabilitation solutions is expected to drive the market growth. Increasing aging population and patients suffering from mental health conditions have significantly contributed to increasing adoption telerehabilitation services, as telerehabilitation offers a convenient and cost-effective way of real time assessment of the patient's environment, improves patient satisfaction and enhance quality of life remotely. The COVID-19 pandemic had accelerated the adoption of telehealth and virtual care platforms, as patients and healthcare providers seek to limit in-person interactions.
 

Moreover, the development of new technologies such as wearable devices, mobile apps, and remote monitoring tools is making it easier and more effective to deliver rehabilitation services remotely. These technologies offer a new level of convenience and access to care for patients, thereby driving the demand for virtual consultation and telerehabilitation services.
 

Telerehabilitation Market Restraint

Increasing integration of advanced technology in telerehabilitation solutions the concerns around privacy and security is still a key challenging factor for the telerehabilitation industry. The providers are restricted to share the details of patients with individuals/organizations that are not involved in the rehabilitation process owing to confidentiality. Therefore, the U.S. Congress created the HIPAA rule to protect the patients medical histories and other health information. However, there is increase in the cases of data infringement across globe that may hinder the market growth during the analysis period.
 

Telerehabilitation Market Analysis

By component, the telerehabilitation market is classified into hardware and software. The software segment accounted over 60% of the market share in 2022 and is projected to witness robust growth over the analysis timeframe. Telerehabilitation software provides several advantages for both patients and healthcare providers. It offers improved access to care, enhanced convenience, personalized treatment plans, cost-effectiveness, and real-time feedback for patients during their rehabilitation sessions. This allows healthcare providers to deliver more effective and personalized care, while reducing healthcare costs and improving patient outcomes.
 

Further, telerehabilitation software can also enable healthcare providers to expand their services and reach more patients, ultimately improving the efficiency and effectiveness of the healthcare system.
 

By therapy, the telerehabilitation market is divided into occupational therapy, physical therapy, and others. Physical therapy accounted segment is expected to grow at 13.7% throughout the forecast period. Physical therapy is designed to improve strength, flexibility, and mobility in patients suffering from as musculoskeletal disorders such as arthritis & sports injuries, neurological conditions including stroke, traumatic brain injury and various cardiovascular conditions.
 

Moreover, healthcare providers can create customized treatment plans and provide real-time feedback to improve patient outcomes. As telerehabilitation enables patients to receive personalized physical therapy at the comfort of their home and flexibility, convenience to schedule appointments at their preferred time is estimated to significantly boost the market size.
 

Based on application, the market is segmented into cardiovascular, neurology, orthopedic and others. The orthopedic segment held a significant market share and was valued over USD 1.4 billion in 2022. Telerehabilitation has various orthopedic applications and can be used for post-operative rehabilitation, managing musculoskeletal conditions and treating accidental and post-operative recovery. Various assessments such as range of motion tests, strength tests, gait analysis, balance tests and functional assessments can be conducted with the help of telerehabilitation solutions.
 

In addition, telerehabilitation can be used for prehabilitation, helping patients to prepare for surgery and reduce the risk of complications. Overall, telerehabilitation provides a convenient and effective way for patients to receive orthopedic rehabilitation services, thereby propelling the market revenue.
 

Telerehabilitation market by end-use is classified as healthcare facilities and homecare setting. The homecare setting is projected to register over USD 8.8 billion in 2032. Growing acceptance of telerehabilitation among the patients at home care setting coupled with rising preference of geriatric population to avail healthcare facilities in home care settings will play a pivotal role in market expansion during the analysis period. Patients suffering from chronic conditions such as pulmonary artery disease, hypertension and patients that have undergone complex surgery are majorly contributing to the use of telerehabilitation solutions. Furthermore, growing awareness regarding telerehabilitation services especially in rural areas has accelerated demand for telerehabilitation solutions.
 

North America telerehabilitation market accounted for over 59% business share in 2022 and is anticipated to grow at considerable growth rate during the forecast timeframe. Rising healthcare expenditure and implementation of novel technologies in rehabilitation therapies are contributing to the market growth. Also, rising disposable income, increasing awareness and demand for better telerehabilitation services are some of the major factors propelling the industry trends.
 

Telerehabilitation Market Share

Major market players operating in the telerehabilitation industry include:

• AMD Global Telemedicine
• American Well
• Teladoc
• Koninklijke Philips N.V
   

 These industry players majorly adopt various strategies including collaborations, acquisitions, mergers, and partnerships to create a global footprint and sustain market competition.
 

Some of the recent industry developments:

• In February 2021, Evolv Rehabilitation Technologies S.L. has donated virtual rehabilitation technology to help hospitals in New York, London and Milan to provide telerehabilitation services. The software platform EvolvRehab and a hardware unit known as a RehabKit allows patients to perform videogame-like activities called exergames that are prescribed by therapists. This strategy helped the company to increase its customer base and drive revenue growth.  
   
• In October 2020, Teladoc Health launched telemedicine service, Mental Health Care. This service enabled employees to get access to psychologists, psychiatrists, and therapists through their phone, web or mobile app. This new service helped the company to expand its business in mental care and strengthen its market position.
   

The telerehabilitation market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2032, for the following segments:

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By Component

• Hardware
• Software

By Therapy

• Occupational therapy
• Physical therapy
• Others

By Application

• Cardiovascular
• Neurology
• Orthopedic
• Others

By End-use

• Healthcare Facilities
• Homecare Setting

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Spain
  • Italy
  • Poland
  • Sweden
  • The Netherlands
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • South Korea
  • Indonesia
  • Philippines
  • Malaysia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Columbia
  • Chile
  • Peru
  • Rest of Latin America
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Israel
  • Turkey
  • Iran
  • Rest of MEA