Europe Telerehabilitation Market Size, Share & Industry Trends Analysis Report By Application, By Therapy (Physical Therapy, Occupational Therapy and Others), By Component, By Services, By Country and Growth Forecast, 2022 - 2028
The Europe Telerehabilitation Market would witness market growth of 13.8% CAGR during the forecast period (2022-2028).
Virtual environments are another technical innovation in the healthcare industry. These allow people to engage with computer-generated worlds in real-time. Real-world scenes are first virtualized to mimic real-world situations in virtual reality. It enables medical personnel to design settings that can be utilized for operations, physical therapy, education, and training. In recent years, smartphones have fundamentally altered medical communication.
Modernization has made it possible to provide medical aid whenever and wherever people need it. Recently, it was shown that half of smartphone owners use their devices to obtain health information, with one-fifth of smartphone users actively using health-related programs (apps). Various mobile apps are available for use by medical professionals, patients, medical students, and the general public. The telerehabilitation business is being boosted by all the technological developments and advantages it offers.
Due to a number of advantages offered by healthcare technologies, including patient empowerment by reducing their reliance on medical professionals, enhanced care quality, constant monitoring of health - care parameters, ease of access, and lower costs than institutional care, it is anticipated that the U.K. home healthcare revenue will increase during the forecast period. Due to social care issues, the adoption of more advanced home healthcare technology, and the introduction of innovative value-based payment & service models, a profitable investment opportunity has arisen in the U.K. home healthcare sector. All of these elements will promote market expansion for the regional telerehabilitation market throughout the projection period as the healthcare sector in the region is increasing.
The Germany market dominated the Europe Telerehabilitation Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $514.1 million by 2028. The UK market is anticipated to grow at a CAGR of 12.9% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 14.7% during (2022 - 2028).
Based on Application, the market is segmented into Orthopedic, Cardiovascular, Neurology, Pediatric and Others. Based on Therapy, the market is segmented into Physical Therapy, Occupational Therapy and Others. Based on Component, the market is segmented into Software and Hardware. Based on Services, the market is segmented into Clinical Therapy and Clinical Assessment. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cisco Systems, Inc., Koninklijke Philips N.V., Hinge Health, Inc., MIRA Rehab Limited, Jintronix, Care Innovations, LLC, Medvivo Group Ltd. (HealthHero Group Limited), Doctor On Demand, Inc. (Included Health, Inc.), and PT Genie.
Scope of the Study
Market Segments covered in the Report:
By Application
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