PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1320990
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1320990
Global Telerehabilitation Market will witness exponential growth between 2023 and 2032.
The global shortage of healthcare professionals, driven by the mismatch between education and employment strategies, under-investment in education and training of health staff in some countries, and increasing population needs will favor market growth. According to WHO, low- and lower-middle-income countries could witness a shortfall of 10 million health workers by 2030. The increasing prevalence of chronic conditions has fueled the demand for remote rehabilitation services, driving market growth.
The COVID-19 pandemic further accelerated the adoption of telehealth solutions, including telerehabilitation, as a safer alternative to in-person therapy sessions. Besides, advancements in telecommunication technologies and high-speed internet have made remote healthcare services more accessible and reliable, stimulating market growth in the long run.
The overall telerehabilitation market share is segregated based on component, therapy, application, end-use, and region.
In terms of component, the telerehabilitation hardware industry will drive appreciable growth over 2023-2032. The increasing adoption of telehealth and remote healthcare services will stimulate the sales of telerehabilitation hardware. The hardware components, such as cameras, sensors, and wearable devices, enable real-time monitoring and assessment of patients during remote rehabilitation sessions. Additionally, technological breakthroughs have improved the quality and reliability of telerehabilitation hardware, making it an effective and convenient solution for patients and healthcare providers.
Regarding therapy, the occupational segment could garner a notable valuation by 2032. Telerehabilitation can provide convenient and accessible therapy sessions for patients. The use of video conferencing, interactive exercises, and wearable devices allows therapists to remotely engage with clients, monitor progress, and provide personalized treatment plans. This approach offers flexibility and eliminates geographical barriers, making it a valuable tool for expanding occupational therapy services.
The cardiovascular segment will dominate the application spectrum of the telerehabilitation industry through 2032. Telerehabilitation services are becoming popular in cardiovascular applications due to their effectiveness in providing remote cardiac rehabilitation and monitoring. These services offer real-time data tracking, personalized exercise programs, and continuous support for patients recovering from heart-related conditions. The convenience and accessibility of telerehabilitation enable patients to participate in rehabilitation programs from the comfort of their homes, enhancing compliance and improving overall cardiovascular health outcomes.
Asia Pacific telerehabilitation market will expand at a noteworthy CAGR from 2023 to 2032. The region's large population and expansive geography make telehealth solutions, including telerehabilitation, a practical and cost-effective option for reaching remote and underserved areas. Advancements in telecommunication infrastructure and technology adoption have improved accessibility to telehealth services. Additionally, the COVID-19 pandemic has accelerated the acceptance of telehealth in the region, further driving the remote rehabilitation services market expansion.