Axiom MRC has updated all it's market research reports with the Economic Impact Analysis of COVID19 Pandemic on the market. Our team of analyst are following Comprehensive Three Dimensional (3D) Research Methodology along with large number primary interviews with key industry participants to bring insightful market reports to meet the current market requirements.
Virtual rehabilitation and telerehabilitation system are equipment which are used for treatment in substance abuse and application in education services and mental health programs. Telerehabilitation services assist medical professionals for analysis, supervise, consult and diagnosis of disease. Telerehabilitation services can provided by healthcare services providers in medical branches such as physiotherapy. Telerehabilitation is also known as e-rehabilitation which delivers rehabilitation services over telecommunication network and the internet. It allow patients for interaction with therapist remotely and can be used for both purposes such as access patient and for delivering therapy.
The Asia Pacific virtual rehabilitation and telerehabilitation market is witnessing tremendous growth during the forecast period 2021 to 2027. The telerehabilitation is defined as the delivery of rehabilitation services via information and communication technologies and imparts services such as assessment, prevention, treatment, education and counselling. The key factors like increases cases of disabilities is propelling growth of North America virtual rehabilitation and telerehabilitation market. Rising awareness among peoples related to virtual rehabilitation and telerehabilitation is also refuelling growth of North America virtual rehabilitation and telerehabilitation market. However, absence of skilled professionals in emerging economies is hindering the growth of North America virtual rehabilitation and telerehabilitation market.
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the virtual rehabilitation and telerehabilitation market. In addition, complete analysis of changes on virtual rehabilitation and telerehabilitation expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on North America economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The rising prevalence of COVID-19 in many countries is the key factor propelling growth of virtual rehabilitation and telerehabilitation market. Also, the necessity to maintain social distancing as preventive measure against the COVID-19 is refuelling growth of healthcare IT industries. Likewise, need for digitalization in healthcare field is boosting the growth of healthcare IT solutions. The COVID-19 pandemic situation has increased the surge to use internet as many people are working from home, which is impacting positively on the virtual rehabilitation and telerehabilitation market.
The North America virtual rehabilitation and telerehabilitation market is segmented by product type, end user and country.
The North America virtual rehabilitation and telerehabilitation market is comprised of product types like physical rehabilitation, neuro rehabilitation, cognitive rehabilitation and other rehabilitation. In which, neuro rehabilitation is also contributing in the growth of North America virtual rehabilitation and telerehabilitation market. It is a doctor supervised program designed for designed for peoples with diseases, injury or disorders of the nervous systems. Neurological rehab can often improve function, reduce symptoms and improve the well-being of the patient.
The end users such as hospitals & clinics, rehabilitation centres and home care settings are comprised in North America virtual rehabilitation and telerehabilitation market. In which hospitals & clinics are also contributing in the growth of North America virtual rehabilitation and telerehabilitation market. The hospitals and clinics are also referred as inpatient rehabilitation hospitals, are committed for rehabilitation of patients with various neurological, musculoskeletal, orthopaedic and other medical conditions stabilisation of their acute medical issues.
The North America virtual rehabilitation and telerehabilitation market is studied for countries like US, Mexico and Canada. The United States is anticipated to dominate the virtual rehabilitation and telerehabilitation market in 2020. The rising healthcare economy is propelling growth of North America virtual rehabilitation and telerehabilitation market. The growing demand for virtual health assistance is also refuelling growth of virtual rehabilitation and telerehabilitation market. The launching and development of new products is also contributing in the growth of virtual rehabilitation and telerehabilitation market.
The key players in the virtual rehabilitation and telerehabilitation market are 270 Vision Ltd., Corehab Srl, Brontes Processing, Hinge Health Inc., Sword Health Inc., Mira Rehab Limited, Bridgeway Senior Healthcare, Motek Medical B.V., Gesturetek Inc., Geminus-Qhom, Rehametrics, Virtualware Group, Motorika Medical Ltd., Neuro Rehab Vr, Litegait, Doctor Kinetic and Mindmaze among other.
August 2019: Ekso Bionic Holdings launched its EksoView. EksoView which is a touch screen controller which allows therapist to provide assistance to disable peoples using real time feedback and performs analysis of outcomes with the help of EksoNR.
June 2019: The Reflexion Health, Inc. granted the U.S. FDA 510(k) grant for the use of their Virtual Exercise Rehabilitation Assistant (VERA) which is a digital physical therapy platform in ‘rehabilitating the trunk and upper extremities’.
March 2019: Neuro rehab VR, a US based company is formed collaboration with the University of Texas at Arlington Research Institute (UTARI) for development of flexible soft robotic gloves which help in rehabilitating stroke patient through virtual rehabilitation gaming.
March 2018: The Reflexion Health Inc., a US based digital health solution company, introduced their next-gen solution, names as VERAhome and VERAClinic for patient and clinicians.
The study comprised of virtual rehabilitation and telerehabilitation market. In which study analysed various segments of market such as product type and end users. The study also impart dominating segment of the market. In 2020, product type segment is dominated by physical rehabilitation. Likewise, end user segment in dominated by rehabilitation centres. The study also comprised of geographical section of the market. In which, the United States is anticipated to dominate the market in 2020. The study also imparts the impact of COVID-19 on virtual rehabilitation and telerehabilitation market and study concludes that the rising prevalence of COVID-19 in many countries is the key factor propelling growth of virtual rehabilitation and telerehabilitation market. Also, the necessity to maintain social distancing as preventive measure against the COVID-19 is refuelling growth of healthcare IT industries. Likewise, need for digitalization in healthcare field is boosting the growth of healthcare IT solutions. The COVID-19 pandemic situation has increased the surge to use internet as many people are working from home, which is impacting positively on the virtual rehabilitation and telerehabilitation market. The study also imparts the major key players operating in the market.
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