U.S. Physical Therapy Virtual and Telerehabilitation Services Market to Surpass US$ 336.6 Million by 2028 With CAGR of 13.1% | MTI America,Conversa Health, MindStreet, Inc.

Overview:

Delivering rehabilitation services remotely by using communication technologies is known as telerehabilitation. It helps patients in interacting with their doctors remotely and receive therapy in their homes by using audio and video calls. Use of telerehabilitation is rapidly increasing as it allows to reach out to patients in remote areas. Tele-Physio-Therapy uses networking tools to help patients recover and offers rehabilitation programs in various clinic.

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Impact of COVID-19:

The consequent lockdowns due to the COVID-19 pandemic have affected the financial status of many countries. Healthcare sector has been affected majorly due to these lockdowns. Healthcare providers throughout the world are facing shortages of equipment, manpower and consumable required for ensuring safe treatment of patients. Pandemic has also led to the decrease in patient visits to hospital and clinics.

During these difficult times, automation and digitization have proven to be of great help. Tele-rehabilitation empowers patients to attain expert services from their physiotherapist through videoconferencing from their homes. Telephysiotherapy and telemedicine have shown a positive impact on the U.S. Physical Therapy Virtual and Telerehabilitation Services Market.

Driver:

Rise in the number of virtual reality telehealth clinics is anticipated to augment the growth of the U.S. physical therapy virtual and telerehabilitation services market during the forecast period. For instance, XRHealth launched their first virtual reality telehealth clinic, for providing virtual reality care to their patients. All the clinicians working along with the company are certified from Washington D.C, Delaware, Connecticut, North Carolina, Michigan and New York.

Moreover, recently developed novel systems help in providing rehabilitation services and are estimated to enhance the growth of the U.S. physical therapy virtual and telerehabilitation services market during the forecast period. For instance, MbientLab known for developing next generation tools and sensors for the healthcare sector launched a wearable device called MIOTherapy (MIO). This device combines physical therapy and therapeutic exercises, sensors, 3D visualization technology and games for accelerating recovery and expanding rehabilitation of patients.

Increased launches of telerehabilitation solutions by the key players is expected to boost the growth of the U.S. physical therapy virtual and telerehabilitation services market and is anticipated to exhibit a CAGR of 13.1% over the forecast period.  For instance, Excel Physical Therapy launched a virtual platform called as TeleRehab solution in March 2020, for providing patients with an alternative to access physical therapy remotely.

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Key Takeaways:

Increase in product launches by key players is anticipated to propel growth of the video segment, among service type, in the U.S. physical therapy virtual and telerehabilitation services market during the forecast period. For instance, in October 2021, Evolution Devices, developed an electrical stimulation device, EvoWalk. This device helps people with foot drop in walking freely. The system guides the user by pairing them with a physical therapist to help them get through the rehabilitation program.

Furthermore, growing prevalence of osteoarthritis amongst population is estimated to fuel the growth of the orthopedic physical therapy segment, on the premise of application in the U.S. physical therapy virtual and telerehabilitation services market during the forecast period. For instance, in January 2020, an article was published by a global analytics company Elsevier, stating that in 2017, rheumatic musculoskeletal disorder affected 303 million individuals globally.

Key players:

Key players active in the U.S. physical therapy virtual and telerehabilitation services market are Care Innovations LLC, MTI America, Jintronix, VPT (Virtual Physical Therapists), Care Innovations LLC., MEDRISK, Hinge Health sInc, Conversa Health, Doctor On Demand, MindStreet Inc, LiteGait, Empatha, GestureTek Inc, Neuro Rehab Vr, Global Outreach TeleRehabilitation Services, Inc and American Well.

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Table of Content

Chapter 1 Industry Overview
1.1 Definition
1.2 Assumptions
1.3 Research Scope
1.4 Market Analysis by Regions
1.5 U.S. Physical Therapy Virtual and Telerehabilitation Services Market Size Analysis from 2022 to 2028
11.6 COVID-19 Outbreak: U.S. Physical Therapy Virtual and Telerehabilitation Services Industry Impact

Chapter 2 Global U.S. Physical Therapy Virtual and Telerehabilitation Services Competition by Types, Applications, and Top Regions and Countries
2.1 Global U.S. Physical Therapy Virtual and Telerehabilitation Services (Volume and Value) by Type
2.3 Global U.S. Physical Therapy Virtual and Telerehabilitation Services (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 U.S. Physical Therapy Virtual and Telerehabilitation Services Sales, Consumption, Export, Import by Regions (2017-2022)

Chapter 5 Company Profiles and Key Figures in U.S. Physical Therapy Virtual and Telerehabilitation Services Business
Chapter 6 Global U.S. Physical Therapy Virtual and Telerehabilitation Services Market Forecast (2022-2028)
Chapter 7 Conclusions
Research Methodology