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Advancement in physical therapy is driving growth of Telerehabilitation services market

 


Market Overview:

Telerehabilitation is the application of information and communication technologies to provide rehabilitation services to patients or other healthcare professionals. It is also referred to as telecare, and it empowers individuals with a disability to take charge of their health and personal care. Using telerehabilitation services, patients can receive the same care as patients in a local health care facility.

Competitive Landscape:

270 Vision Ltd., CoRehab srl, SWORD Health, S.A., MIRA Rehab Limited, re.flex, Evolv Rehabilitation Technologies S.L., Brontes Processing Ltd., Bridgeway Senior Healthcare, Rehametrics, MindMaze , DIH Medical, and Doctor Kinetic

Key Market Drivers:

Increasing number of partnership and collaboration among key players is a major factor augmenting growth of the market. For instance, in October 2021, WizeCare Partners with Essen Health Care to advance value-based care through personalized all-in-one telerehabilitation platform.

Advancement in the technology is another major factor driving growth of the telerehabilitation services market. For instance, in November 2020, DKV has adopted the digital telerehabilitation platform ReHub as a technological solution to improve the assistance to users of its 1,400 affiliated rehabilitation centres throughout Spain.

Covid-19 Impact Analysis 

The outbreak of Covid-19 pandemic has impacted the telerehabilitation systems market negatively due to travel restrictions. This has created shortage of raw materials and components that has affected the supply chain of the telerehabilitation service market.

Key Takeaways:

1.      The telerehabilitation systems market is expected to exhibit a CAGR of 15.0% over the forecast period owing to the advancement in the telerehabilitation system.

2.      North America is expected to witness significant growth over the forecast period owing to the continuous launch of new product in the region. For instance, in January 2019, MbientLab, a company building the next generation of sensors and tools for the healthcare industry, launched MIOTherapy (MIO), a wearable technology for physical and occupational therapists.

 

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