The Virtual Rehabilitation Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Virtual Rehabilitation Global Market Report 2024, The virtual rehabilitation market size is expected to see exponential growth in the next few years. It will grow to $1.58 billion in 2028 at a compound annual growth rate (CAGR) of 24.3%. The growth in the forecast period can be attributed to population rapidly aging, increasing prevalence of non-communicable diseases, increasing various policies supporting virtual rehabilitation, growing emphasis on patient-centric healthcare. Major trends in the forecast period include product innovations, partnerships, advancements in virtual rehabilitation, newer technology and smoother internet connections.
The increasing prevalence of disability is expected to propel the growth of the virtual rehabilitation market going forward. Disability refers to a physical, cognitive, sensory, or mental condition that significantly impairs an individual’s ability to perform everyday activities, participate fully in society, or engage in typical life roles. Virtual rehabilitation helps the disabled population by providing remote access to therapeutic interventions and personalized exercises through virtual platforms. It also helps the disabled population by providing remote access to therapeutic interventions and personalized exercises through virtual platforms. For instance, in March 2023, according to the World Health Organization, a Switzerland-based international public health organization, around 1.3 billion people across the globe, constituting 16% of the total global population, have disabilities. Therefore, the increasing prevalence of disability among the population is driving the growth of the virtual rehabilitation market.
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The virtual rehabilitation market covered in this report is segmented –
1) Virtual Rehabilitation Market By Type: Physical Rehabilitation, Neuro And Cognitive Rehabilitation, Other Types
2) Virtual Rehabilitation Market By Patient Type: Short Term Patients, Long Term Patients
3) Virtual Rehabilitation Market By End-User: Inpatient Rehabilitation Hospitals, Rehabilitation Centers And Clinics, Home Care Settings
Top Major Players
SWORD Health
Hinge Health Inc
Meden-Inmed
BO&BO Ltd.
Saebo Inc.
Major companies operating in the virtual rehabilitation market are developing advanced virtual rehabilitation platforms such as multi-disciplinary rehabilitation tool to gain a competitive edge in the market. A multi-disciplinary rehabilitation tool refers to a comprehensive approach to rehabilitation that involves professionals from various disciplines working collaboratively to address the needs of individuals recovering from illness, injury, or disability. For instance, in November 2022, Penumbra, a US-based medical company, launched the first hands-free, full-body virtual reality-based offering for rehabilitation, expanding its REAL System platform. It is the only hands-free, non-tethered virtual reality rehabilitation platform to address both upper and lower extremities with a full-body immersive experience. Clinicians can customize exercises and activities to challenge, motivate, and engage patients and track their progress. The REAL System platform leverages virtual reality to deliver immersive healthcare designed to promote better health, including furthering functional skills, cognition, and stress management.
The virtual rehabilitation market report table of contents includes:
1. Executive Summary
2. Virtual Rehabilitation Market Characteristics
3. Virtual Rehabilitation Market Trends And Strategies
4. Virtual Rehabilitation Market – Macro Economic Scenario
5. Global Virtual Rehabilitation Market Size and Growth
…..
32. Global Virtual Rehabilitation Market Competitive Benchmarking
33. Global Virtual Rehabilitation Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Virtual Rehabilitation Market
35. Virtual Rehabilitation Market Future Outlook and Potential Analysis
36. Appendix
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