According to a new report, published by KBV research, The Global Telerehabilitation Market size is expected to reach $7.8 billion by 2028, rising at a market growth of 14.6% CAGR during the forecast period.
The Cardiovascular segment is showcasing a CAGR of 14.8% during (2022 - 2028). It has been determined that telerehabilitation for cardiac patients is a secure, advantageous, and economical substitute for conventional center-based cardiac rehabilitation. Additionally, cardiac telerehabilitation has proven to be capable of providing more comprehensive services, such as individualized real-time exercise monitoring and coaching, due to the use of various technologies, including smartphones, mobile apps, and the internet. This has positively impacted segment growth.
The Physical Therapy segment acquired maximum revenue share in the Global Telerehabilitation Market by Therapy in 2021 thereby, achieving a market value of $3.3 billion by 2028. The segment is expanding due to the increasing occurrence of diseases, accidents, and impairments. Growth is also being stimulated by the increasing popularity of telerehabilitation among physiotherapists. Additionally, World Physiotherapy vigorously advocated telerehabilitation in response to the COVID-19 outbreak. Physical therapists can consult with patients online and recommend exercises for them with the use of telerehabilitation as well.
The Hardware segment has shown the growth rate of 15.1% during (2022 - 2028). Major players are spending in R&D for cutting-edge telerehabilitation technologies to reduce chronic diseases, driving the market's growth. Additionally, the market for telerehabilitation is expanding quickly due to the quick development of healthcare and the increasing demand among patients and doctors for virtual consultations, which presents the industry with considerable growth opportunities throughout the projected period.
The Clinical Therapy segment is generating highest revenue share in the Global Telerehabilitation Market by Services in 2021 thereby, achieving a market value of $4.7 billion by 2028. Clinical therapies offered by telerehabilitation include those for physical, verbal, occupational, neurological, behavioral, and cognitive rehabilitation as well as those for drug and alcohol addiction. The need for physical therapy is being driven by the expanding number of people taking part in fitness programs and outdoor or sporting activities. The market for telerehabilitation is also being driven by the increase in osteoarthritis patients.
The North America market dominated the Global Telerehabilitation Market by Region in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2.9 billion by 2028. The Europe market is exhibiting a CAGR of 13.8% during (2022 - 2028). Additionally, The Asia Pacific market would showcase a CAGR of 15.6% during (2022 - 2028).
Full Report: https://www.kbvresearch.com/telerehabilitation-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
By Application
By Therapy
By Component
By Services
By Geography
Companies Profiled
/home/kbvresearch/public_html/press-release-detail.php on line 333
/home/kbvresearch/public_html/press-release-detail.php on line 333
/home/kbvresearch/public_html/press-release-detail.php on line 333
/home/kbvresearch/public_html/press-release-detail.php on line 333
Unique Offerings 
