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 are the innovative system used for treatment in various programs like mental health and educational services for patients in a mental hospital. It allows users to interact with computer-generated situations, objects and events. Whereas, telerehabilitation services aids professionals in monitoring, analysing and diagnosing diseases easily. In other words, virtual rehabilitation and telerehabilitation system is defined as rehabilitations across the acute, sub-acute and community setting at distance, by means of telecommunication technology as service delivery medium. Telerehabilitation related to the services which delivers different healthcare disciplines including physiotherapy.
The Asia Pacific virtual rehabilitation and telerehabilitation market is witnessing lucrative growth during forecast period of 2021 to 2027. Owing to application possibilities expanding to diverse medical disciplines like medical training, practise, psychiatry and rehabilitation the Asia Pacific virtual rehabilitation and telerehabilitation market is gaining attention. The major factors like rising trend of using computer-assisted rehabilitation systems is propelling growth of Asia Pacific virtual rehabilitation and telerehabilitation market. Owing to less expensiveness of virtual rehabilitation and telerehabilitation the Asia Pacific virtual rehabilitation and telerehabilitation is witnessing growth. However, lack of awareness among healthcare professionals is hindering the market growth.
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 Asia Pacific 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 Asia Pacific Virtual Rehabilitation and Telerehabilitation Market is bifurcated by product type, end user and country.
The Asia Pacific virtual rehabilitation and telerehabilitation market is comprised of product type like physical rehabilitation, neuro rehabilitation, cognitive rehabilitation and other rehabilitation. In which, physical rehabilitation is expected as dominating segment of the market in 2020. The rising focus of manufacturers on developing devices for physical rehabilitation is propelling growth of Asia Pacific virtual rehabilitation and telerehabilitation market. The increasing regulatory approvals for physical rehabilitation system is also contributing in the growth of Asia Pacific virtual rehabilitation and telerehabilitation market.
The Asia Pacific virtual rehabilitation and telerehabilitation market is bifurcated by end users such as hospitals & clinics, rehabilitation centres and home care settings. In which, rehabilitation centres is expected to dominate the market in 2020. The rising patient footfall is propelling the growth of the Asia Pacific virtual rehabilitation and telerehabilitation market. The growing disability amongst population is also refuelling growth of Asia pacific virtual rehabilitation and telerehabilitation market.
The Asia Pacific virtual rehabilitation and telerehabilitation market is studied for countries such India, Japan, China, Australia and South Korea. In which China is anticipated to dominate the market in 2020. The rising elderly population is propelling the growth of Asia Pacific virtual rehabilitation and telerehabilitation market. The rising prevalence of disability among the population is also refuelling growth of Asia Pacific virtual rehabilitation and telerehabilitation market. The rise in adoption of technology in healthcare fields is also contributing in the growth of Asia Pacific 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: The Ekso Bionic Holdings launched their EksoView. EksoView is a touch screen controller which allows therapist to provide assistance to disable peoples using real time feedback and perform analysis of outcomes with the help of EksoNR.
June 2019: The Reflexion Health, Inc. got approval the U.S. FDA 510(k) approval 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: The Neuro rehab VR, a US based company in 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, marketed their next-gen solution called 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 China 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.
Why to buy this report
