Global Europe Telerehabilitation Systems Market Size |
Telerehabilitation
systems play a vital role in providing rehabilitation services to patients
remotely through digital devices and technologies. Telerehabilitation systems
use digital technologies like video conferencing tools, wearable devices, and
virtual reality for physical and occupational therapy. They help patients to
perform their prescribed exercises at home through real-time audio-visual
interaction with therapists. This not only saves travel costs and time for
patients but also enables therapists to attend to more patients simultaneously.
The global
Europe Telerehabilitation Systems Market is estimated to be valued at US$ 390.5
million in 2023 and is expected to exhibit a CAGR of 7.1% over the forecast period 2024 to 2031, as highlighted
in a new report published by Coherent Market Insights.
Market key trends:
The growing adoption of home-based rehabilitation services is one of the key
trends driving the Europe telerehabilitation systems market growth. With the
onset of the COVID-19 pandemic, there was an increasing demand for remote
healthcare services to avoid unnecessary exposure in hospitals and clinical
settings. This boosted the adoption of telerehabilitation programs for
delivering rehabilitation therapy to patients from their homes.
Telerehabilitation programs not only ensured continuity of care but also removed
geographical barriers for patients in remote locations. Moreover, the
increasing geriatric population prone to chronic conditions also favors
home-based rehabilitation solutions for convenience and cost-effectiveness.
Advanced technologies like virtual and augmented reality are further enhancing
the scope of home-based telerehabilitation by providing immersive patient
experiences. This is expected to propel the Europe telerehabilitation systems
market during the forecast period.
Segment
Analysis
The Europe telerehabilitation systems market is dominated by the stroke
segment. Stroke is one of the leading causes of disability in Europe.
Telerehabilitation provides an effective medium for stroke patients to continue
their rehabilitation therapy from home. This is beneficial as it allows for
more frequent therapy sessions without requiring travel. As a result, stroke
patients using telerehabilitation systems experience better functional recovery
outcomes compared to conventional in-clinic care alone.
Key Takeaways
Global
Europe Telerehabilitation Systems Market Size is expected
to witness high growth over the forecast period.
Regional
analysis: Western Europe currently dominates the Europe telerehabilitation
systems market due to advanced healthcare infrastructure and higher adoption of
digital health solutions across countries like Germany, UK, and France.
However, Eastern Europe is expected to witness the fastest growth during the
forecast period supported by ongoing initiatives to modernize healthcare systems.
Key players: Key players operating in the Europe telerehabilitation systems
market are Philips Healthcare, Telesofia Medical Ltd., Medvivo Group, ERGO-FIT
GmbH, CogniFit, Mindmaze, and Bridgeway Senior Healthcare. Philips Healthcare
holds the highest market share owing to its comprehensive portfolio of
rehabilitation solutions including digital therapies for stroke, Parkinson’s
disease and other physical conditions.
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