NEW YORK, Aug. 22, 2023 /PRNewswire/ -- The telerehabilitation systems market size is estimated to grow by USD 604.01 million from 2022 to 2027, at a CAGR of 24.06% according to Technavio.
Telerehabilitation systems market insights -
- Vendors: 15+, BRONTES PROCESSING Sp. z o.o. Ltd, Cisco Systems Inc., CoRehab srl, DIH Group, Evolv Rehabilitation Technologies SL, GestureTek Health, Hinge Health Inc., Honeywell International Inc., Jitrnonix, Kineto Tech Rehab SRL, Koninklijke Philips NV, LiteGait, MindMaze SA, MIRA Rehab Ltd., NeoRehab, Rehametrics, Robert Bosch GmbH, SWORD Health Technologies Inc., KineQuantum SAS, and Tyromotion GmbH, among others
- Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
- Segments: Product (Hardware and Software), Type (Physical therapy, Occupational therapy, and Others), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)
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Telerehabilitation systems market - Customer Landscape
To help companies evaluate and develop growth strategies, the report outlines –
- Key purchase criteria
- Adoption rates
- Adoption lifecycle
- Drivers of price sensitivity
- For highlights on customer landscape analysis, download a sample!
Telerehabilitation systems market - Company Insights
The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors, including BRONTES PROCESSING Sp. z o.o. Ltd, Cisco Systems Inc., CoRehab srl, DIH Group, Evolv Rehabilitation Technologies SL, GestureTek Health, Hinge Health Inc., Honeywell International Inc., Jitrnonix, Kineto Tech Rehab SRL, Koninklijke Philips NV, LiteGait, MindMaze SA, MIRA Rehab Ltd., NeoRehab, Rehametrics, Robert Bosch GmbH, SWORD Health Technologies Inc., KineQuantum SAS, and Tyromotion GmbH.
Telerehabilitation Systems Market – Market Dynamics
Major Drivers
The increasing incidence of chronic diseases is notably driving the market growth. The surge in chronic diseases like cancer, COPD, and autoimmune disorders is primarily attributed to the adoption of sedentary lifestyles. However, cancer treatment often entails undesirable side effects encompassing impacts on physical, social, psychological, and occupational aspects of patients' lives. Consequently, rehabilitation becomes essential for patients to regain these lost abilities. For COPD patients, telerehabilitation entails supervised online exercise sessions that alleviate symptoms, enhance physical function, and elevate the quality of life. Therefore, the global upswing in population, escalating prevalence of chronic ailments, and augmented global disposable income collectively steer the adoption of advanced healthcare modalities such as telerehabilitation in the anticipated period.
Significant Trends
The advent of advanced technologies is the primary market trend.
Key challenges
Complexities in the implementation of Internet connection are the main challenge for the growth of the telerehabilitation systems market.
Drivers, & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!
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What are the key data covered in this Telerehabilitation Systems Market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the telerehabilitation systems market between 2023 and 2027
- Precise estimation of the telerehabilitation systems market size and its contribution to the market in focus on the parent market
- Accurate predictions about upcoming trends and changes in consumer behaviour
- Growth of the telerehabilitation systems market across North America, Europe, APAC, South America, and the Middle East and Africa
- A thorough analysis of the market's competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of telerehabilitation systems market vendors
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Telerehabilitation Systems Market Scope |
|
Report Coverage |
Details |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 24.06% |
Market growth 2023-2027 |
USD 604.01 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
14.84 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 31% |
Key countries |
US, Canada, China, Germany, and France |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
BRONTES PROCESSING Sp. z o.o. Ltd, Cisco Systems Inc., CoRehab srl, DIH Group, Evolv Rehabilitation Technologies SL, GestureTek Health, Hinge Health Inc., Honeywell International Inc., Jitrnonix, Kineto Tech Rehab SRL, Koninklijke Philips NV, LiteGait, MindMaze SA, MIRA Rehab Ltd., NeoRehab, Rehametrics, Robert Bosch GmbH, SWORD Health Technologies Inc., KineQuantum SAS, and Tyromotion GmbH |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
Table of contents
Executive Summary
Market Landscape
Market Sizing
Historic Market Size
Five Forces Analysis
Market Segmentation by Product
Market Segmentation by Type
Market Segmentation by Geography
Customer Landscape
Geographic Landscape
Drivers, Challenges, and Trends
Vendor Landscape
Vendor Analysis
Appendix
About US
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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SOURCE Technavio
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