Major players are aiming on goods acceptance and grants to reinforce their place in the global physical therapy rehabilitation solutions market. For example, in May 2019, Reflexion Health gained 510(k) clearance from the U.S. FDA for its VERA. The platform is contained with a 3D scan of the sufferer orderly to quantify drive and analyze practical calculation of sufferer anguishing from wound. Sufferers and suppliers are ensuring to view development and statistics on a console. Earlier, in 2015, VERA was initially granted by the U.S. FDA for the therapy of lower fringes i.e. knee and hip graft operation.
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Furthermore, key players are aiming on planned partnerships for the growth of new and developed physical treatment rehabilitation methods for various signs, which is fueling development of the global physical therapy rehabilitation solutions market. For example, in October 2016, Zimmer Biomet Holdings Inc. adopted RespondWell, from RespondWell LLC. Zimmer Biomet combined the new platform into its ZBSS to later improve sufferers’ compliance with physical treatment.
Impact of Coronavirus
The corona virus epidemic has impacted various markets over the wolrd and is also anticipated to hinder the global physical therapy rehabilitation solution market development.
- Furthermore, pre-corona virus physical therapy rehabilitation solutions market had received notable development owing to rising need for rehabilitation services for bones and joints showing over the globe. For example, in 2018, Reflexion Health, Inc. came into a deal with DJM. According to a deal, Reflexion Health’s U.S. Food and Drug Administration granted VERA platform will distantly monitor DJM’s sufferers to permit that they gain high-standard physical treatment in the ease of their houses.
- The corona virus epidemic has impacted the finance in three major methods; by directly impacting the need and requirement; by making interruptions in supply chain; and from its economic effect on industries and financial markets. Distribution chain and production actions in India, China, the U.S., and others have been interrupted owing to shutdowns, whereas regions such as Singapore, Thailand, Indonesia, and others are having difficulties with regards with upholding rehabilitation facilities such as physical treatment. The need for virtual reintegration has raised over corona virus situation, as it is secure and follows social distancing.
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The market is anticipated to advocate notable development over the predicted duration, as major players are aiming on technical developments in the sector of physical treatment rehabilitation methods. For example, in January 2019, MbientLab, an industry making the next cohort of sensors and devices for the hospital section, approved a new MIO, a wearable machinery for physical and trading treatments. This stage combines the efficiency of old-style physical treatment with smart sensors, treatment exercises, games, and 3D imagining technology to identify and enhance ambulatory rehabilitation and increase healing.
Global Physical Therapy Rehabilitation Solutions Market: Key Takeaways
- The global physical therapy rehabilitation solutions market is anticipated to show a CAGR of 7.7 %over the predicted duration, as major players are aiming on technical developments in physical treatment rehabilitation methods
- Among solution, the hardware sector is anticipated to keep huge market share in 2020, as producers are involved in the growth of hardware to assist physical treatment rehabilitation methods
- Among application, hip joint section is expected to keep huge market share in 2020, due to rising count of medical processes such as whole hip graft in people
- Among deployment, on-premise section is evaluated to keep leading market share in 2020, as major companies are involved in offering deployment rehabilitation services for people for better therapy
- Key players involved in the global physical therapy rehabilitation solutions market are Reflexion Health, MIRA Rehab Limited, SWORD Health, Inc, Hinge Health, Inc, AC INTERNATIONAL EAST, eviCore healthcare, CoRehab srl, Isalus, Cerner Corporation, Kareo, Inc, TherapySync, Meditab, Smith+Nephew, Motekforce Link, and GESTURETEK HEALTH
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The Study Objectives are:
✔ A comprehensive insight into key players operating in the Physical Therapy Rehabilitation Solutions Market and their corresponding data.
✔ It includes product portfolio, annual revenue, expenditure on research and development, geographical presence, key developments in recent years, and growth strategies.
✔ Regional analysis, which includes insight into the dominant market and corresponding market share.
✔ It also includes various socio-economic factors affecting the evolution of the market in the region.
✔ The report offers a comprehensive insight into different individuals from value chains such as raw materials suppliers, distributors, and stockholders.
Table of Content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 Physical Therapy Rehabilitation Solutions Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: Physical Therapy Rehabilitation Solutions Industry Impact
Chapter 2 Global Physical Therapy Rehabilitation Solutions Competition by Types, Applications, and Top Regions and Countries
2.1 Global Physical Therapy Rehabilitation Solutions (Volume and Value) by Type
2.3 Global Physical Therapy Rehabilitation Solutions (Volume and Value) by Regions
Chapter 3 Production Market Analysis
3.1 Global Production Market Analysis
3.2 Regional Production Market Analysis
Chapter 4 Global Physical Therapy Rehabilitation Solutions Sales, Consumption, Export, Import by Regions (2017-2022)
Chapter 5 North America Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 6 East Asia Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 7 Europe Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 8 South Asia Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 9 Southeast Asia Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 10 Middle East Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 11 Africa Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 12 Oceania Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 13 South America Physical Therapy Rehabilitation Solutions Market Analysis
Chapter 14 Company Profiles and Key Figures in Physical Therapy Rehabilitation Solutions Business
Chapter 15 Global Physical Therapy Rehabilitation Solutions Market Forecast (2022-2028)
Chapter 16 Conclusions
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