Telehabilitation Market Report: Trends, Forecast and Competitive Analysis to 2030
Description
Telehabilitation Market Report: Trends, Forecast and Competitive Analysis to 2030
Telehabilitation Trends and Forecast
The future of the global telehabilitation market looks promising with opportunities in the clinical assessment and clinical therapy markets. The global telehabilitation market is expected to reach an estimated $10.6 billion by 2030 with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are high prevalence of various disorders, such as traumatic brain injury, cerebrovascular accidents, and others, growing adoption of digital technologies in the healthcare industry, and rising demand for telemedicine technologies.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Telehabilitation by Segment
The study includes a forecast for the global telehabilitation by component, therapy, service, application, and region.
Telehabilitation Market by Component [Shipment Analysis by Value from 2018 to 2030]:
- Hardware
- Software
- Physical Therapy
- Occupational Therapy
- Others
- Clinical Assessment
- Clinical Therapy
- Cardiovascular
- Orthopedic
- Neurology
- Pediatric
- Others
- North America
- Europe
- Asia Pacific
- The Rest of the World
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies telehabilitation companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the telehabilitation companies profiled in this report include-
- American Well
- Doctor On Demand
- Hinge Health
- MIRA Rehab Limited
- Koninklijike Philips
- Cisco
- NeoRehab
Lucintel forecasts that software will remain the larger segment over the forecast period due to increasing demand for reducing high medical and patient care costs.
Within this market, clinical therapy will remain the larger segment due to increasing demand for physical, speech, occupational, behavioral, neurological, and cognitive rehabilitation therapies.
North America will remain the largest region over the forecast period due to increasing healthcare expenditure, rising number of e-visits, and growing adaption of telehealth technology in the region.
Features of the Global Telehabilitation Market
Market Size Estimates: Telehabilitation market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Telehabilitation market size by various segments, such as by component, therapy, service, application, and region in terms of value ($B).
Regional Analysis: Telehabilitation market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different components, therapy, services, applications, and regions for the telehabilitation market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the telehabilitation market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the telehabilitation market size?
Answer: The global telehabilitation market is expected to reach an estimated $10.6 billion by 2030.
Q2. What is the growth forecast for telehabilitation market?
Answer: The global telehabilitation market is expected to grow with a CAGR of 15.4% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the telehabilitation market?
Answer: The major drivers for this market are high prevalence of various disorders, such as traumatic brain injury, cerebrovascular accidents, and others, growing adoption of digital technologies in the healthcare industry, and rising demand for telemedicine technologies.
Q4. What are the major segments for telehabilitation market?
Answer: The future of the telehabilitation market looks promising with opportunities in the clinical assessment and clinical therapy markets.
Q5. Who are the key telehabilitation market companies?
Answer: Some of the key telehabilitation companies are as follows:
- American Well
- Doctor On Demand
- Hinge Health
- MIRA Rehab Limited
- Koninklijike Philips
- Cisco
- NeoRehab
Answer: Lucintel forecasts that software will remain the larger segment over the forecast period due to increasing demand for reducing high medical and patient care costs.
Q7. In telehabilitation market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing healthcare expenditure, rising number of e-visits, and growing adaption of telehealth technology in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the telehabilitation market by component (hardware and software), therapy (physical therapy, occupational therapy, and others), service (clinical assessment and clinical therapy), application (cardiovascular, orthopedic, neurology, pediatric, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
150 Pages
- 1. Executive Summary
- 2. Global Telehabilitation Market : Market Dynamics
- 2.1: Introduction, Background, and Classifications
- 2.2: Supply Chain
- 2.3: Industry Drivers and Challenges
- 3. Market Trends and Forecast Analysis from 2018 to 2030
- 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
- 3.2. Global Telehabilitation Market Trends (2018-2023) and Forecast (2024-2030)
- 3.3: Global Telehabilitation Market by Component
- 3.3.1: Hardware
- 3.3.2: Software
- 3.4: Global Telehabilitation Market by Therapy
- 3.4.1: Physical Therapy
- 3.4.2: Occupational Therapy
- 3.4.3: Others
- 3.5: Global Telehabilitation Market by Service
- 3.5.1: Clinical Assessment
- 3.5.2: Clinical Therapy
- 3.6: Global Telehabilitation Market by Application
- 3.6.1: Cardiovascular
- 3.6.2: Orthopedic
- 3.6.3: Neurology
- 3.6.4: Pediatric
- 3.6.5: Others
- 4. Market Trends and Forecast Analysis by Region from 2018 to 2030
- 4.1: Global Telehabilitation Market by Region
- 4.2: North American Telehabilitation Market
- 4.2.2: North American Telehabilitation Market by Service: Clinical Assessment and Clinical Therapy
- 4.3: European Telehabilitation Market
- 4.3.1: European Telehabilitation Market by Component: Hardware and Software
- 4.3.2: European Telehabilitation Market by Service: Clinical Assessment and Clinical Therapy
- 4.4: APAC Telehabilitation Market
- 4.4.1: APAC Telehabilitation Market by Component: Hardware and Software
- 4.4.2: APAC Telehabilitation Market by Service: Clinical Assessment and Clinical Therapy
- 4.5: ROW Telehabilitation Market
- 4.5.1: ROW Telehabilitation Market by Component: Hardware and Software
- 4.5.2: ROW Telehabilitation Market by Service: Clinical Assessment and Clinical Therapy
- 5. Competitor Analysis
- 5.1: Product Portfolio Analysis
- 5.2: Operational Integration
- 5.3: Porter’s Five Forces Analysis
- 6. Growth Opportunities and Strategic Analysis
- 6.1: Growth Opportunity Analysis
- 6.1.1: Growth Opportunities for the Global Telehabilitation Market by Component
- 6.1.2: Growth Opportunities for the Global Telehabilitation Market by Therapy
- 6.1.3: Growth Opportunities for the Global Telehabilitation Market by Service
- 6.1.4: Growth Opportunities for the Global Telehabilitation Market by Application
- 6.1.5: Growth Opportunities for the Global Telehabilitation Market by Region
- 6.2: Emerging Trends in the Global Telehabilitation Market
- 6.3: Strategic Analysis
- 6.3.1: New Product Development
- 6.3.2: Capacity Expansion of the Global Telehabilitation Market
- 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Telehabilitation Market
- 6.3.4: Certification and Licensing
- 7. Company Profiles of Leading Players
- 7.1: American Well
- 7.2: Doctor On Demand
- 7.3: Hinge Health
- 7.4: MIRA Rehab Limited
- 7.5: Koninklijike Philips
- 7.6: Cisco
- 7.7: NeoRehab
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