From GlobeNewswire: 2025-01-17 09:15:00

The global Telerehabilitation Market was valued at USD 4.7 billion in 2023, projected to reach USD 15.4 billion by 2032 with a CAGR of 14.1%. The rise is driven by remote healthcare service uptake and technological advancements in digital health platforms to cater to chronic diseases that require continuous rehabilitation.

Telerehabilitation uses telecommunications technology to offer remote rehabilitation services, especially beneficial during the COVID-19 pandemic. The US saw a significant increase in telehealth usage, with over 60% of healthcare institutions using some form of telehealth. This shift towards virtual care has created a conducive environment for telerehabilitation services to thrive.

The market is propelled by its ability to deliver accessible, affordable, and scalable rehabilitation solutions, catering to rising musculoskeletal disorders, cardiovascular diseases, and post-surgical recovery needs. The use of AI and ML technologies in telerehabilitation software improves patient outcomes and experience, with technologies like telecommunication, virtual reality, and wearables enhancing rehabilitation services.

Major players in the Telerehabilitation Market include Philips Healthcare, Medtronic, Cerner Corporation, Fitbit (by Google), and American Well (Amwell), among others. The market size is expected to reach USD 15.4 billion by 2032, with a CAGR of 14.1% from 2024 to 2032, driven by rising chronic diseases, an aging population, and the demand for cost-effective, remote healthcare solutions.

The software segment dominated the market in 2023, accounting for 69% of revenue share, while orthopedics led in applications with over 30% share. Physical therapy accounted for the largest revenue share in 2023 at 42%, with occupational therapy and speech therapy segments also expected to grow substantially in the future.

North America led the telerehabilitation market in 2023, accounting for 42% revenue share. The future of telerehabilitation lies in the integration of AI and machine learning, immersive technology applications, 5G connectivity, and wearable technology integration to provide more personalized and effective rehabilitation programs. The U.S. leads in telehealth adoption with $1.5 billion allocated for services in rural and underserved areas. Asia-Pacific shows highest growth potential due to rising chronic diseases, infrastructure expansion, and digital health investments like India’s NDHM. Federation Physiotherapy Virtual Care Clinic offers telehealth services from regional hubs.

For more insights, a detailed report on Telerehabilitation Market Analysis & Outlook 2024-2032 is available for purchase. The report covers market dynamics, statistics, competitive landscape, regional analysis, and company profiles. SNS Insider aims to provide up-to-date market data to help clients make informed decisions through various research techniques. Visit the link for more information.



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