Asia Pacific Telerehabilitation Market Size, Share & Industry Trends Analysis Report By Application, By Therapy (Physical Therapy, Occupational Therapy and Others), By Component, By Services, By Country and Growth Forecast, 2022 - 2028
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Get in-depth analysis of the COVID-19 impact on the Asia Pacific Telerehabilitation Market
Market Report Description
The Asia Pacific Telerehabilitation Market would witness market growth of 15.6% CAGR during the forecast period (2022-2028).
The introduction of cutting-edge technologies is a significant market trend. Technology advancements, including augmented and virtual reality, big data, blockchain, IoT, predictive and advanced analytics, and machine learning, are projected to accelerate the uptake of telehealth solutions like telerehabilitation. In addition, as Industry 4.0 takes hold, healthcare organizations are implementing sensors and IoT to monitor patients and administer care.
Healthcare organizations are using sensors and IoT more frequently as Industry 4.0 takes hold in order to monitor patients efficiently and administer therapy in real-time. In addition, the healthcare sector is anticipated to improve and become more intelligent with the adoption of Industry 4.0 technology, as virtual reality systems are anticipated to deploy self-monitoring and analytic capabilities to promote operational efficiencies. These factors will generate growth opportunities for the telerehabilitation systems market during the projected period.
China has already been leading the world in several elements of such technologies (for example, 5G) and its applicability to various sectors of societal development, including healthcare, due to the rapid development of the Internet & mobile technologies. Furthermore, the requirement to avoid patient-doctor contact during COVID-19 (to reduce infections) has strongly pushed telemedicine services (particularly mHealth) everywhere. The quick adoption of mHealth services, which are probably going to be a part of the future healthcare landscape, has been observed by many regional countries recently. Due to all of this, the telerehabilitation market is projected to expand significantly during the projection period.
The China market dominated the Asia Pacific Telerehabilitation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $566.9 million by 2028. The Japan market is estimated to grow a CAGR of 14.9% during (2022 - 2028). Additionally, The India market would experience a CAGR of 16.3% during (2022 - 2028).
Based on Application, the market is segmented into Orthopedic, Cardiovascular, Neurology, Pediatric and Others. Based on Therapy, the market is segmented into Physical Therapy, Occupational Therapy and Others. Based on Component, the market is segmented into Software and Hardware. Based on Services, the market is segmented into Clinical Therapy and Clinical Assessment. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Telerehabilitation Market is Projected to reach USD 7.8 Billion by 2028, at a CAGR of 14.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Koninklijke Philips N.V., Hinge Health, Inc., MIRA Rehab Limited, Jintronix, Care Innovations, LLC, Medvivo Group Ltd. (HealthHero Group Limited), Doctor On Demand, Inc. (Included Health, Inc.), and PT Genie.
Scope of the Study
Market Segments Covered in the Report:
- Physical Therapy
- Occupational Therapy
- Clinical Therapy
- Clinical Assessment
- South Korea
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Cisco Systems, Inc.
- Koninklijke Philips N.V.
- Hinge Health, Inc.
- MIRA Rehab Limited
- Care Innovations, LLC
- Medvivo Group Ltd. (HealthHero Group Limited)
- Doctor On Demand, Inc. (Included Health, Inc.)
- PT Genie
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