Telerehabilitation Services Market is estimated to be valued at US$ 357.5 million in 2020 and is expected to exhibit a CAGR of 15.0% % during the forecast period (2020-2027)

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Telerehabilitation, also called as e-rehabilitation is a modern form of rehabilitation service that is provided over interactive devices. It can address a wide spectrum of health ailments, from minor health issues to emergency medical conditions. Other forms of this technology include speech and language therapy, neurophysiology, and audiology. It is a form of medical service that is provided through telecommunication networks not just digital media. Such services may include assessments, diagnosis, prognosis and treatments that the treatments are provided by educating patient and their family members. Normally telerehabilitation is provided to individuals who are living in geographically distant locations or to individuals who are unable to reach the rehabilitation center due to disability and financial constraints. The service is beneficial for people living in rural or remote areas.

Market Dynamics

Key players operating in the global telerehabilitation services market are focusing on adoption of growth strategies such as product launches, strategic expansions, and acquisitions, which are expected to drive the market growth during the forecast period. For instance, in November 2017, Novacare opened seven rehabilitation centers across the U.S., becoming the largest provider of outpatient rehab care in the country. Moreover, in August 2019, Penrith-based Cowper’s mobility center relocated to a larger facility in order to provide a wider range of rehabilitation products and services following patient’s hospital discharge, and help patient about rehabilitation product awareness and provide guidance regarding mobility issues. For instance, in March 2018, Reflexion Health, Inc. announced the launch of two digital rehabilitation products: the VERAHome for post-acute care physical therapy patients, and the VERAClinic for their clinicians.

Major Players Are Operating In The Market: MTI America, UnaliWear Inc., Virtual Physical Therapists, Conversa Health, Rehab Management Pty Ltd, MindStreet Inc., MedRisk, NeoRehab, Global Outreach TeleRehabilitation Services, Inc., and Empatha

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