Telerehabilitation Systems Market (By Component (Hardware, Software); By Product Type(Neuro Rehabilitation, Cognitive Rehabilitation, Physical Rehabilitation, Others); By Application(Cardio-pulmonary, Orthopedic, Neurology, Others); By End-Users(Rehabilitation Centers, Home Care Settings, Hospitals & Clinics)- Prospective Landscape, Size, Share, Growth, Opportunities and Industry Forecast 2019-2028

Published DateReport CodeNo. of PagesReport Format
August– 2020AMR- 9039110PDF / Excel
  • The Global Telerehabilitation Systems Market Was Estimated At 201.9 Million In 2020 And Projected To Reach 556.03 Million At A CAGR Of 13.5% Over The Forecast Period.

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    Market Insights:

    Telerehabilitation Systems are the software solutions used to send messages to the consumers or subscribers associated with healthcare services in a predefined schedule. With the help of these applications, it is easy to do marketing as multiple messages can be sent in a minimum costing structure.

    The global telerehabilitation systems market is driven by several factors including the increased prevalence of chronic diseases which are caused by the adoption of a sedentary lifestyle among peoples. The rising cases of cancer have increased the need for cancer diagnosis and cancer treatment. Telerehabilitation programs offer different benefits to cancer patients such as improving fitness and minimizing the stress level thereby improving the standards of life. The incidence of chronic diseases, rising aging population across the globe, and increasing disposable income in developed regions are some significant factors increasing the adoption of advanced healthcare services across the globe. It helps to achieve different business objectives such as maintaining communications with consumers and increasing sales by managing the time.

    Latest Trends:

    • Different leading key players in the global telerehabilitation systems market offer innovative developments for tracking useful applications globally.
    • In 2017, Mylan N.V. launched tablet with100 mg and 400 mg (Imatinib Mesylate Tablets) which is a generic form of Novartis’s Gleevec Tablets for an indication of blood cancer in the US.
    • Technological innovations in the drip campaign are the leading trend in the global telerehabilitation market.

    Driving Factors:

    • Fruitful associations and partnerships among global key players for inventing new devices are also fueling the global telerehabilitation system market growth.
    • Among the global regions, the development and launch of novel systems are also fostering global market growth.
    • The lower pricing structure of telerehabilitation systems is encouraging to purchase the systems for use.
    • Different benefits associated with the global telerehabilitation systems such as easy to use and time-saving features are fueling the global market growth.

    Restraining Factors:

    • The implementation of telerehabilitation software requires a high-speed internet connection for running applications in the healthcare sector. The lack of high speed and reliable Internet connection in hospitals may create challenges in front of the global telerehabilitation system market.
    • The broadband connections largely inaccessible to peoples who are living in rural areas, hence it creates problems for adopting the software solution and services.
    • Moreover, resource limitation, lack of network coverage, staff deficiency, and variability in patient inflow are major factors restraining market growth.
    • Lack of awareness among customers and additional time required for trial and error methods for new customers is a challenging factor in front of the global market.

    Segmentations:

    • The global telerehabilitation systems market has been divided into different segments based on numerous perspectives such as component, product type, applications, end-users, and regional outlook. Based on the component, it can be divided into Software and Hardware. Based on product type, it can be segmented into Neuro Rehabilitation, Cognitive Rehabilitation, Physical Rehabilitation, and Others. Based on applications, it can be segmented into Cardiopulmonary, Orthopedic, Neurology, and Others. Based on End-Users, it can be segmented into Rehabilitation Centers, Home Care Settings, and Hospitals & Clinics.

    Component Perspective (Revenue in USD Million):

    • Software
    • Hardware

    Product Type Perspective (Reve