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VIRTUAL REHABILITATION & TELEREHABILITATION SYSTEMS IN 2020 | By Leading Industry Reflexion Health, Inc., 270 Vision Ltd., CoRehab srl, Hinge Health

12-10-2020 09:13 AM CET | IT, New Media & Software

Press release from: Coherent Market Insights

Virtual Rehabilitation and Telerehabilitation System Market

Virtual Rehabilitation and Telerehabilitation System Market

In the recent years, various technological advancements have been made in the virtual rehabilitation (VR) and telerehabilitation systems. These includes technologies such as high-end and low-end systems, embedded ambient VR technologies to monitor real world activity, and turn-key VR systems with clinical validity and reliability. Moreover, manufacturers are also focused on VR applications with a personalized medicine approach. Therefore, technological advancements in rehabilitation systems is expected to drive growth of the virtual rehabilitation and telerehabilitation system market.

Increasing regulatory approvals for virtual rehabilitation and telerehabilitation devices and systems is expected to drive growth of the virtual rehabilitation and telerehabilitation systems market. For instance, in June 2019, Reflexion Health, Inc. received the U.S. Food & Drug Administration (FDA) 510(k) clearance for use of its Virtual Exercise Rehabilitation Assistant (VERA) digital physical therapy platform in ‘rehabilitating the trunk and upper extremities’.

Manufacturers are focused on development and launch of innovative rehabilitation devices, which is expected to drive the virtual rehabilitation and telerehabilitation systems market growth. For instance, in August 2019, Ekso Bionics Holdings launched its EksoNR, the next generation of its EksoGT robotic exoskeleton, developed for neurorehabilitation purposes. The device is equipped with advanced software such as EksoView. EksoView, a touchscreen controller, allow therapists to provide assistance to disabled people by using real-time feedback and perform analysis of outcomes with the help of EksoNR.

Read more on https://www.coherentmarketinsights.com/market-insight/virtual-rehabilitation-and-telerehabilitation-systems-market-2304

Moreover, adoption of inorganic growth strategies such as partnership and collaboration by major players operating in the market is expected to drive growth of the virtual rehabilitation and telerehabilitation systems market. For instance, since 2016, The Don Gnocchi Calo Foundation (DGF) has been working with Evolv Rehabilitation Technologies S.L. to explore the application of VirtualRehab in telerehabilitation settings. In this collaborative project, DGF sought to develop a state-of-the art service delivery model that demonstrated continuity during the rehabilitation process and facilitated tele-rehab to improve the quality of life of neuro patients while reducing costs for the organization.

Major players operating in the global virtual rehabilitation and telerehabilitation systems market include Reflexion Health, Inc., 270 Vision Ltd., CoRehab srl, Hinge Health, Inc., SWORD Health, S.A., MIRA Rehab Limited, Bridgeway Senior Healthcare, Motekforce Link, GestureTek Inc., Virtualware Group, Motorika Medical Ltd., LiteGait, Doctor Kinetic, and Mindmaze

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