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Virtual Rehabilitation and Telerehabilitation Systems Market Size Worth US$ 785.1 Million | 19.2% CAGR By 2027, Cost-effectiveness, Advanced Technology, Rising Demand Pushes the Market

August 11th, 2021 Coherent Market Insights Releases

Global Virtual Rehabilitation and Telerehabilitation Systems Market Analysis

Overview

Numerous technological improvements in virtual rehabilitation (VR) and telerehabilitation systems have been developed in recent years. High-end and low-end systems, integrated peripheral VR technologies that monitor real-world activities, and turn-key VR systems with clinical validity and dependability are among these technologies. Furthermore, companies are concentrating on VR applications that are based on a tailored treatment approach. As a result, the global virtual rehabilitation and telerehabilitation systems market is forecast to develop due to technical developments in rehabilitation systems.

The global virtual rehabilitation and telerehabilitation systems market is anticipated to rise to US$ 192.7 million in 2019, growing at a CAGR of 19.2 percent over the forecast period (2019-2027).

Request a FREE sample copy – Virtual Rehabilitation and Telerehabilitation Systems market report click here: https://www.coherentmarketinsights.com/insight/request-sample/2304

Highlights of the Report:

  • In-depth analysis of various insights, namely, Virtual Rehabilitation and Telerehabilitation Systems Market trends, growth drivers, opportunities, and other related challenges.
  • Comprehensive details of key market players, their core competencies, and Virtual Rehabilitation and Telerehabilitation Systems Market share.
  • The potency of suppliers and buyers to make better business decisions.
  • Lists out the market size in terms of volume.

Key Players Operating in The Virtual Rehabilitation and Telerehabilitation Systems Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

  • Reflexion Health, Inc.
  • 270 Vision Ltd.
  • CoRehab srl,
  • Hinge Health, Inc.
  • SWORD Health, S.A.
  • MIRA Rehab Limited
  • Bridgeway Senior Healthcare
  • Motekforce Link
  • GestureTek Inc.
  • Virtualware Group
  • Motorika Medical Ltd.
  • LiteGait, Doctor Kinetic

Key questions answered in the report:

  1. What will the market growth rate of Virtual Rehabilitation and Telerehabilitation Systems Market in 2026?
  2. What are the key factors driving the global Virtual Rehabilitation and Telerehabilitation Systems Market?
  3. Who are the key manufacturers in Virtual Rehabilitation and Telerehabilitation Systems Market space?
  4. What are the market opportunities, market risk and market overview of the Virtual Rehabilitation and Telerehabilitation Systems Market?
  5. What are sales, revenue, and price analysis of top manufacturers of Virtual Rehabilitation and Telerehabilitation Systems Market?
  6. Who are the distributors, traders and dealers of Virtual Rehabilitation and Telerehabilitation Systems Market?
  7. What are the Virtual Rehabilitation and Telerehabilitation Systems Market opportunities and threats faced by the vendors in the global Robotic Surgical Procedures industry?
  8. What are sales, revenue, and price analysis by types and applications of Virtual Rehabilitation and Telerehabilitation Systems Market?
  9. What are sales, revenue, and price analysis by regions of Robotic Surgical Procedures industry?

Drivers

The global virtual rehabilitation and telerehabilitation systems market is projected to rise due to increased effort by research institutions and major players to produce technologically sophisticated virtual reality rehabilitation equipment.

Leading market participants are concentrating on developing and deploying technologically enhanced virtual rehabilitation and telerehabilitation solutions for extremely prevalent illnesses. The University of North Texas Health Science Center and Neuro Rehab VR, a U.S.-based startup, teamed with the UTARI or University of Texas at Arlington Research Institute in March 2019. The University of Texas at Arlington Research Institute is working on producing extensible bionic gloves that will help stroke sufferers rehabilitate through virtual reality gaming. When this glove is combined with Neuro Rehab VR’s virtual reality gaming, stroke sufferers will be able to participate in physical therapy for restoring hand function. As a result, market growth is estimated to be driven by the launch of such novel goods during the forecast period.

The global virtual rehabilitation and telerehabilitation systems market is growing as a result of key firms making acquisitions to improve at-home telerehabilitation capacity. RespondWell LLC, a telerehabilitation platform, was bought by Zimmer Biomet Holdings Inc. in October 2016. To improve patient compliance with physical therapy, Zimmer Biomet included the new platform into its Zimmer Biomet Signature Solutions.

Restraints

Although, in remote parts of growing economies such as Asia Pacific, lack of understanding among healthcare professionals regarding innovative technology and sophisticated therapies is projected to limit the growth of the global virtual rehabilitation and telerehabilitation systems market. Additionally, the global virtual rehabilitation and telerehabilitation systems market is likely to be hampered by a shortage of experienced specialists over the forecast period.

Regional Insights

Due to the existence of prominent companies such as Bridgeway Senior Healthcare and Virtualware Group, the virtual rehabilitation and telerehabilitation system market in North America is predicted to develop significantly. Furthermore, North America’s established healthcare infrastructure and numerous legislation promoting telerehabilitation are likely to contribute to the global virtual rehabilitation and telerehabilitation systems market’s growth.

Due to an increase in disability cases in the region, Asia Pacific is projected to fuel development in the global virtual rehabilitation and telerehabilitation systems market. As per India’s Central Government and Disability Census, there were roughly 26.8 million handicapped individuals in 2016, accounting for 2.21 percent of the overall population. Furthermore, the Asia Pacific virtual rehabilitation and telerehabilitation system market is growing due to rising healthcare spending and increased awareness among the populace in the area.

Owing to the growing number of approvals from the European Union (EU) for virtual reality rehabilitation equipment, Europe is likely to increase significantly. MindMaze’s Immersive Virtual Reality (IVR) rehabilitation solution, MindMotionPRO, for neurological rehabilitation obtained CE marking in February 2016. MindMotionPRO is a hospital-based rehabilitation option for neurological patients who require early motor intervention.

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 Detailed Segmentation:

  • Global Virtual Rehabilitation And Telerehabilitation Systems Market, By Product Type
    • Physical Rehabilitation
    • Neuro Rehabilitation
    • Cognitive Rehabilitation
    • Others
  • Global Virtual Rehabilitation And Telerehabilitation Systems Market, By End User:
    • Hospitals & Clinics
    • Rehabilitation Centers
    • Home Care Settings
  • Global Virtual Rehabilitation And Telerehabilitation Systems Market, By Region:
    • North America
      • By Country:
        • U.S.
        • Canada
      • By Product Type
        • Physical Rehabilitation
        • Neuro Rehabilitation
        • Cognitive Rehabilitation
        • Others
      • By End User
        • Hospitals & Clinics
        • Rehabilitation Centers
        • Home Care Settings
    • Europe
      • By Country:
        • U.K.
        • Germany
        • Italy
        • Spain
        • France
        • Russia
        • Rest of Europe
      • By Product Type
      • By End User
    • Asia Pacific
      • By Country:
        • Australia
        • India
        • China
        • Japan
        • ASEAN
        • South Korea
        • Rest of Asia Pacific
      • By Product Type
      • By End User
    • Latin America
      • By Country:
        • Brazil
        • Mexico
        • Argentina
        • Rest of Latin America
      • By Product Type
      • By End User
    • Middle East
      • By Country:
        • GCC
        • Israel
        • Rest of Middle East
      • By Product Type
      • By End-User
    • Africa
      • By Country/Region:
        • South Africa
        • Central Africa
        • North Africa
      • By Product Type
      • By End-User
  • Company Profiles

Continued…

Report Focus:

  • Extensive product offerings
  • Customer research services
  • Robust research methodology
  • Comprehensive reports
  • Latest technological developments
  • Value chain analysis
  • Potential Virtual Rehabilitation and Telerehabilitation Systems Market opportunities
  • Growth dynamics
  • Quality assurance
  • Post-sales support
  • Regular report updates

Reasons to Purchase this Report:

  • Comprehensive analysis of the Virtual Rehabilitation and Telerehabilitation Systems Market growth drivers, obstacles, opportunities, and other related challenges.
  • Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
  • Identifies market restraints and boosters.
  • Identifies all the possible segments present in the market to aid organizations in strategic business planning.

About Us:

Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients to achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having an office at global financial capital in the U.S. and sales consultants in the United Kingdom and Japan. Our client base includes players from across various business verticals in over 150 countries worldwide. We pride ourselves in catering to clients across the length and width of the horizon, from Fortune 500 enlisted companies to not-for-profit organizations, and startups looking to establish a foothold in the market. We excel in offering unmatched actionable market intelligence across various industry verticals, including chemicals and materials, healthcare, and food & beverages, consumer goods, packaging, semiconductors, software and services, Telecom, and Automotive. We offer syndicated market intelligence reports, customized research solutions, and consulting services.

Contact:

Coherent Market Insights
1001 4th Ave, #3200 Seattle, WA 98154, U.S.
Email: sales@coherentmarketinsights.com
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