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Telerehabilitation Market Trends

Report ID: GMI5651
Published Date: May 2023
Report Format: PDF

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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.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global market for telerehabilitation size was USD 4.3 billion in 2022 and will observe 13.3% CAGR from 2023-2032 owing to the surging demand for virtual rehabilitation.

The software component segment held over 60% of the market share in 2022 due to the growing need for improved access to care, enhanced convenience, and personalized treatment plans.

North America accounted for more than 59% of the telerehabilitation market share in 2022 and will witness expansion through 2032 due to the increasing healthcare expenditure and implementation of novel technologies.

AMD Global Telemedicine, American Well, Teladoc, and Koninklijke Philips N.V are some of the key telerehabilitation industry players.