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Virtual Rehabilitation Market Growth Trends, Shares, Forecast To 2033

03-18-2024 11:25 AM CET | Health & Medicine

Press release from: The Business research company

Virtual Rehabilitation Market

Virtual Rehabilitation Market

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.

The Business Research Company offers in-depth market insights through Virtual Rehabilitation Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The virtual rehabilitation market size has grown exponentially in recent years. It will grow from $0.53 billion in 2023 to $0.66 billion in 2024 at a compound annual growth rate (CAGR) of 24.4%. The growth in the historic period can be attributed to increasing cases of disability among population, increasing use of virtual reality in treating patients, increasing adoption of VR technology in healthcare.The virtual rehabilitation market size is expected to see exponential growth in the next few years. It will grow to $1.58 billion in 2028 at a compound annual growth rate (CAGR) of 24.3%. The growth in the forecast period can be attributed to population rapidly aging, increasing prevalence of non-communicable diseases, increasing various policies supporting virtual rehabilitation, growing emphasis on patient-centric healthcare. Major trends in the forecast period include product innovations, partnerships, advancements in virtual rehabilitation, newer technology and smoother internet connections.

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Market Segmentation:
The virtual rehabilitation market covered in this report is segmented -
1) By Type: Physical Rehabilitation, Neuro And Cognitive Rehabilitation, Other Types
2) By Patient Type: Short Term Patients, Long Term Patients
3) By End-User: Inpatient Rehabilitation Hospitals, Rehabilitation Centers And Clinics, Home Care Settings

Major Driver - Surge in the Number of Cases of Disabilities Among the Population is Accelerating The Virtual Rehabilitation Market
The increasing prevalence of disability is expected to propel the growth of the virtual rehabilitation market going forward. Disability refers to a physical, cognitive, sensory, or mental condition that significantly impairs an individual's ability to perform everyday activities, participate fully in society, or engage in typical life roles. Virtual rehabilitation helps the disabled population by providing remote access to therapeutic interventions and personalized exercises through virtual platforms. It also helps the disabled population by providing remote access to therapeutic interventions and personalized exercises through virtual platforms. For instance, in March 2023, according to the World Health Organization, a Switzerland-based international public health organization, around 1.3 billion people across the globe, constituting 16% of the total global population, have disabilities. Therefore, the increasing prevalence of disability among the population is driving the growth of the virtual rehabilitation market.

Competitive Landscape:
Major companies operating in the virtual rehabilitation market report are SWORD Health, Hinge Health Inc., Meden-Inmed, BO&BO Ltd., Saebo Inc., Mindmaze, Bridgeway Senior Healthcare, Motek Medical B.V., XRHealth (VRHealth), Tyromotion GmbH, Brontes Processing, LiteGait, GestureTek Health, CSE Entertainment UK , Rehab-Robotics, Virtualware Group, MIRA Rehab Limited, Myelin-H, Motorika, Doctor Kinetic, Agile Virtual PT, Cogniv Technologies, Immersive Rehab, Neuro Rehab VR, Rehametrics, Neuro Rehab VR, CoRehab srl, Accelerated Care Plus Corporation, Euleria S.R.L

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https://www.thebusinessresearchcompany.com/report/virtual-rehabilitation-global-market-report

Top Trend - Revolutionizing Rehabilitation Penumbra's REAL System And The Advancement Of Virtual Rehabilitation Platforms In Healthcare
Major companies operating in the virtual rehabilitation market are developing advanced virtual rehabilitation platforms such as multi-disciplinary rehabilitation tool to gain a competitive edge in the market. A multi-disciplinary rehabilitation tool refers to a comprehensive approach to rehabilitation that involves professionals from various disciplines working collaboratively to address the needs of individuals recovering from illness, injury, or disability. For instance, in November 2022, Penumbra, a US-based medical company, launched the first hands-free, full-body virtual reality-based offering for rehabilitation, expanding its REAL System platform. It is the only hands-free, non-tethered virtual reality rehabilitation platform to address both upper and lower extremities with a full-body immersive experience. Clinicians can customize exercises and activities to challenge, motivate, and engage patients and track their progress. The REAL System platform leverages virtual reality to deliver immersive healthcare designed to promote better health, including furthering functional skills, cognition, and stress management.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Virtual Rehabilitation Market Characteristics
3. Virtual Rehabilitation Market Trends And Strategies
4. Virtual Rehabilitation Market - Macro Economic Scenario
5. Virtual Rehabilitation Market Size And Growth
…..
27. Virtual Rehabilitation Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

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