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Telerehabilitation Market size was valued at USD 4.91 Bn. in 2022 and the total Telerehabilitation revenue is expected to grow by 14% from 2023 to 2029, reaching nearly USD 12.31 Bn.
Telerehabilitation Market Overview:
The goal of this research is to provide a thorough examination of the Telerehabilitation market Size by component, application, industry, and geography. The study includes thorough information on the primary elements impacting the Telerehabilitation industry's growth. The study also includes a comprehensive evaluation of the market's value chain.
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Market Scope:
The research technique used to estimate and forecast the Telerehabilitation market Share begins with the collection of revenue data from key suppliers through secondary research sources. Vendor offerings are also taken into account while developing market segmentation. The income of large firms was used to calculate the entire size of the Telerehabilitation market Growth using the bottom-up method.
Segmentation:
by Type
1. Product
2.Services
Based on Type, the telerehabilitation market segments are divided into Products and services. Among them, in 2022, the services sector dominated the market. This is due to elements like the growing number of service sessions necessary for a specific disease indication, the expansion of service providers, and the rising use of telerehabilitation services. On the other hand, the market for products, which includes those that are available to support patients during these programs, is expected to grow in the forecast years.
by Application
1. Occupational Therapy
2.Physical Therapy
3. Chronic Diseases
4. Others
Based on Application, The telerehabilitation market is divided into categories such as chronic diseases, occupational therapy, and physical therapy. Because more patients are receiving this therapy via telerehabilitation technology, physical therapy dominated the market in 2022 with the highest market share of 45%. The primary cause of this is due to increase in illnesses, accidents, and disabilities brought on by other medical conditions. For instance, according to a 2017 article from the National Center for Biotechnology Information, 2,495 patients were admitted to clinics for occupational therapy treatment while 9,136 were treated for physical rehabilitation. The physical therapy industry probably continue to rule the market in the forecast years, based on end-user analysis.
by End User
1. Healthcare Facilities
2. Homecare
Based on the End User, the telerehabilitation market is divided into healthcare facilities and home care based on end-users. Among them, the homecare sector held the largest share of 55% in 2022. Due to the growing geriatric population and rising demand for these services in homecare settings with real-time monitoring results, homecare is becoming incredibly popular and is expected to maintain its dominance during the forecast period. However, these technologies are also present in healthcare establishments like hospitals and clinics, which provide these services to patients in remote locations.
- Global Telerehabilitation Market: Research Methodology
- Global Telerehabilitation Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Telerehabilitation Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Telerehabilitation Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Telerehabilitation Market Segmentation
- Global Telerehabilitation Market, by Type (2023-2029)
- Global Telerehabilitation Market, by Product (2023-2029)
- Global Telerehabilitation Market, by Application (2023-2029)
- Regional Telerehabilitation Market(2023-2029)
- Regional Telerehabilitation Market, by Type (2023-2029)
- Regional Telerehabilitation Market, by Product (2023-2029)
- Regional Telerehabilitation Market, by Application (2023-2029)
- Regional Telerehabilitation Market, by Country (2023-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players:
1. American Well
2. Doctor On Demand, Inc
3. Hinge Health, Inc
4. MIRA Rehab Limited
5. Koninklijke Philips N.V.
6. Jintronix
7. Care Innovations, LLC
8. C3O telemedicine
9. Philips Healthcare
10. Bosch Healthcare
11. Cisco
12. Medvivo Group
13. TeleVital
14. Cloud Physio
15. Neorehab
16. Jitrnonix
Regional Analysis:
Market share information for North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America are available separately. Maximize analysts assess competitive strengths and conduct competitive analysis on each rival separately.
COVID-19 Impact Analysis on Telerehabilitation Market: The report also includes the detailed impact of COVID-19 on the Telerehabilitation market.
Key Questions Answered in the Telerehabilitation Market Report are:
- Which segment had the largest share in the Telerehabilitation market?
- How is the competitive scenario of the Telerehabilitation market in 2023?
- Which are the key drivers impacting the Telerehabilitation market growth?
- Which region holds the maximum share in the Telerehabilitation market?
- What will be the CAGR of the Telerehabilitation market during the forecast period (2023-2029)?
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report: https://www.maximizemarketresearch.com/market-report/telerehabilitation-market/167363/
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