Telehabilitation Trends and Forecast
The future of the global telehabilitation market looks promising with opportunities in the clinical assessment and clinical therapy markets. The global telehabilitation market is expected to reach an estimated $10.6 billion by 2030 with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are high prevalence of various disorders, such as traumatic brain injury, cerebrovascular accidents, and others, growing adoption of digital technologies in the healthcare industry, and rising demand for telemedicine technologies.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Telehabilitation by Segment
The study includes a forecast for the global telehabilitation by component, therapy, service, application, and region.Telehabilitation Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- Hardware
- Software
Telehabilitation Market by Therapy [Shipment Analysis by Value from 2018 to 2030]:
- Physical Therapy
- Occupational Therapy
- Others
Telehabilitation Market by Service [Shipment Analysis by Value from 2018 to 2030]:
- Clinical Assessment
- Clinical Therapy
Telehabilitation Market by Application [Shipment Analysis by Value from 2018 to 2030]:
- Cardiovascular
- Orthopedic
- Neurology
- Pediatric
- Others
Telehabilitation Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Telehabilitation Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies telehabilitation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the telehabilitation companies profiled in this report include-- American Well
- Doctor On Demand
- Hinge Health
- MIRA Rehab Limited
- Koninklijike Philips
- Cisco
- NeoRehab
Telehabilitation Market Insights
The publisher forecasts that software will remain the larger segment over the forecast period due to increasing demand for reducing high medical and patient care costs.Within this market, clinical therapy will remain the larger segment due to increasing demand for physical, speech, occupational, behavioral, neurological, and cognitive rehabilitation therapies.
North America will remain the largest region over the forecast period due to increasing healthcare expenditure, rising number of e-visits, and growing adaption of telehealth technology in the region.
Features of the Global Telehabilitation Market
- Market Size Estimates: Telehabilitation market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Telehabilitation market size by various segments, such as by component, therapy, service, application, and region in terms of value ($B).
- Regional Analysis: Telehabilitation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different components, therapy, services, applications, and regions for the telehabilitation market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the telehabilitation market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the telehabilitation market size?Answer: The global telehabilitation market is expected to reach an estimated $10.6 billion by 2030.
Q2. What is the growth forecast for telehabilitation market?
Answer: The global telehabilitation market is expected to grow with a CAGR of 15.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the telehabilitation market?
Answer: The major drivers for this market are high prevalence of various disorders, such as traumatic brain injury, cerebrovascular accidents, and others, growing adoption of digital technologies in the healthcare industry, and rising demand for telemedicine technologies.
Q4. What are the major segments for telehabilitation market?
Answer: The future of the telehabilitation market looks promising with opportunities in the clinical assessment and clinical therapy markets.
Q5. Who are the key telehabilitation market companies?
Answer: Some of the key telehabilitation companies are as follows:
- American Well
- Doctor On Demand
- Hinge Health
- MIRA Rehab Limited
- Koninklijike Philips
- Cisco
- NeoRehab
Answer: The publisher forecasts that software will remain the larger segment over the forecast period due to increasing demand for reducing high medical and patient care costs.
Q7. In telehabilitation market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing healthcare expenditure, rising number of e-visits, and growing adaption of telehealth technology in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the telehabilitation market by component (hardware and software), therapy (physical therapy, occupational therapy, and others), service (clinical assessment and clinical therapy), application (cardiovascular, orthopedic, neurology, pediatric, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Telehabilitation Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- American Well
- Doctor On Demand
- Hinge Health
- MIRA Rehab Limited
- Koninklijike Philips
- Cisco
- NeoRehab
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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