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Global Telerehabilitation systems Market 2019-2023

Global Telerehabilitation systems Market 2019-2023

About this market

The increased prevalence of chronic diseases such as cancer, COPD, and autoimmune diseases is attributed to the adoption of a sedentary lifestyle. The growing incidence of cancer has increased the need for cancer treatment. Telerehabilitation programs for cancer patients help improve their fitness and reduce the side effects of cancer treatment such as pain and fatigue, thereby improving the quality of life. Telerehabilitation for COPD among elderly patients is convenient, as home-based telerehabilitation can dispense rehabilitation services in hospitals or clinics for patients requiring physical therapy follow-up. Thus, rising aging population worldwide, high incidence of chronic diseases, and increasing disposable income globally are few significant factors that drive the adoption of advanced healthcare services such telerehabilitation during the forecast period. Technavio’s analysts have predicted that the telerehabilitation systems market will register a CAGR of almost 18% by 2023.

Market Overview

Imbalance between high patient influx and understaffing at health centers

High incidence of chronic diseases increases patient visits and hospital overstays wo wide. Resource limitation, staff deficiency, and variability in patient inflow contribute to emergency department overcrowding, associated with delayed care, poor care, and poor patient outcomes. Telehealth services such as telerehabilitation will help address such challenges in the healthcare industry.

Complexities in implementation

The implementation of telerehabilitation solutions requires a stable Internet connection that can run various applications for hospitals. Also, healthcare providers and hospitals face difficulty in providing telerehabilitation services across rural regions due to the lack of fast and reliable Internet connection. Therefore, with broadband largely inaccessible to people in rural areas, it is difficult to adopt telerehabilitation products and services, thereby hampering the growth of the market.

For the detailed list of factors that will drive and challenge the growth of the telerehabilitation systems market during the 2019-2023, view our report.

Competitive Landscape

The telerehabilitation systems market appears to be mildly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Telerehabilitation systems Market 2019-2023

Technavio recognizes the following companies as the key players in the global telerehabilitation systems market: Cisco Systems, GESTURETEK, Honeywell International Inc., Koninklijke Philips N.V., Rehametrics.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the advert of advanced technologies.”

According to the report, one of the major drivers for this market is the increased internet penetration and smartphones users worldwide, which are prerequisites to availing telerehabilitation solutions, will propel the market growth during our forecast period.

Further, the report states that one of the major factors hindering the growth of this market is the lack of expertise impedes the growth of the market.

Companies Mentioned

Cisco Systems
GESTURETEK
Honeywell International Inc.
Koninklijke Philips N.V.
and Rehametrics

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global information technology (IT) spending market
      • Table Segments of global information technology (IT) spending market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Hardware - Market size and forecast 2018-2023
      • Table Hardware - Market size and forecast 2018-2023 ($ millions)
      • Table Hardware - Year-over-year growth 2019-2023 (%)
    • Software - Market size and forecast 2018-2023
      • Table Software - Market size and forecast 2018-2023 ($ millions)
      • Table Software - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Advent of advanced technologies
    • Strategic alliances
    • Increasing adoption of data-based decision-making
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Cisco Systems
      • Table Cisco Systems - Vendor overview
      • Table Cisco Systems - Business segments
      • Table Cisco Systems - Organizational developments
      • Table Cisco Systems - Geographic focus
      • Table Cisco Systems - Segment focus
      • Table Cisco Systems - Key offerings
    • GESTURETEK
      • Table GESTURETEK - Vendor overview
      • Table GESTURETEK - Business segments
      • Table GESTURETEK - Organizational developments
      • Table GESTURETEK - Key offerings
    • Honeywell International Inc.
      • Table Honeywell International Inc. - Vendor overview
      • Table Honeywell International Inc. - Product segments
      • Table Honeywell International Inc. - Organizational developments
      • Table Honeywell International Inc. - Geographic focus
      • Table Honeywell International Inc. - Segment focus
      • Table Honeywell International Inc. - Key offerings
    • Koninklijke Philips N.V.
      • Table Koninklijke Philips N.V. - Vendor overview
      • Table Koninklijke Philips N.V. - Business segments
      • Table Koninklijke Philips N.V. - Organizational developments
      • Table Koninklijke Philips N.V. - Geographic focus
      • Table Koninklijke Philips N.V. - Segment focus
      • Table Koninklijke Philips N.V. - Key offerings
    • Rehametrics
      • Table Rehametrics - Vendor overview
      • Table Rehametrics - Business segments
      • Table Rehametrics - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
  • Explore Technavio

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