(PharmaNewsWire.Com, January 24, 2023 ) The report published by Maximize Market research, on the Telerehabilitation Market, covers an extensive regional analysis and competitive landscape. Over the forecast period, Maximize Market research expects, the market to grow from USD 4.31 Bn in 2021 to USD 12.31 Bn in 2029 at a CAGR of 14 percent.
Telerehabilitation Market Report Scope and Research Methodology
The key objective of the telerehabilitation market report is to forecast the market based on segments, regional distribution and company. The report provides a comprehensive analysis of the global telerehabilitation market in an easy language. The bottom-up approach has been used to estimate the market size most accurately by value and volume. The report provides a detailed examination of the key players in the industry, including revenue, company profile, as well as in-depth analysis of the competitive scenario in the market. The report covers the global, regional and local level analysis of the market with the factors restraining, driving and challenging the market growth during the forecast period.
During the forecast period, the key factors expected to drive the market growth are increasing usage of digital technologies in the healthcare industry and rising internet penetration and smartphone adoption. The factors expected to hamper the market growth during the forecast period are poor reimbursement policies and a lack of skilled professionals.
Telerehabilitation Market Regional Insights
In 2021, the North America region dominated the global telerehabilitation market with a revenue of USD 1.4 billion. This market growth is majorly due to the increase in virtual consultation and the increase in the number of e-visits. The Asia Pacific region is expected to grow at a rapid rate due to the developing healthcare scenario and high rural population in the region.
Maximize Market Research is leading Medical Devices research firm, has also published the following reports:
Telemedicine Market - The market size is expected to reach USD 342.17 billion by the end of the forecast period at a CAGR of 22.3 percent. The market is expected to be driven by the increasing adoption of telemedicine among patients and doctors.
Telepsychiatry Market - The market size is expected to reach USD 48.9 billion by 2029 at a CAGR of 23 percent during the forecast period. The market is expected to be driven by advancements in telecommunications and the increasing prevalence of chronic diseases.
About Maximize Market Research:
Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.
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