Numerous technological improvements in virtual rehabilitation (VR) and telerehabilitation systems have been developed in recent years. High-end and low-end systems, integrated peripheral VR technologies that monitor real-world activities, and turn-key VR systems with clinical validity and dependability are among these technologies. Furthermore, companies are concentrating on VR applications that are based on a tailored treatment approach. As a result, the global virtual rehabilitation and telerehabilitation systems market is forecast to develop due to technical developments in rehabilitation systems.
The global virtual rehabilitation and telerehabilitation systems market is anticipated to rise to US$ 192.7 million in 2019, growing at a CAGR of 19.2 percent over the forecast period (2019-2027).
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The global virtual rehabilitation and telerehabilitation systems market is projected to rise due to increased effort by research institutions and major players to produce technologically sophisticated virtual reality rehabilitation equipment.
Leading market participants are concentrating on developing and deploying technologically enhanced virtual rehabilitation and telerehabilitation solutions for extremely prevalent illnesses. The University of North Texas Health Science Center and Neuro Rehab VR, a U.S.-based startup, teamed with the UTARI or University of Texas at Arlington Research Institute in March 2019. The University of Texas at Arlington Research Institute is working on producing extensible bionic gloves that will help stroke sufferers rehabilitate through virtual reality gaming. When this glove is combined with Neuro Rehab VR’s virtual reality gaming, stroke sufferers will be able to participate in physical therapy for restoring hand function. As a result, market growth is estimated to be driven by the launch of such novel goods during the forecast period.
The global virtual rehabilitation and telerehabilitation systems market is growing as a result of key firms making acquisitions to improve at-home telerehabilitation capacity. RespondWell LLC, a telerehabilitation platform, was bought by Zimmer Biomet Holdings Inc. in October 2016. To improve patient compliance with physical therapy, Zimmer Biomet included the new platform into its Zimmer Biomet Signature Solutions.
- By Product Type
- Physical Rehabilitation
- Neuro Rehabilitation
- Cognitive Rehabilitation
- By End User:
- Hospitals & Clinics
- Rehabilitation Centers
- Home Care Settings
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If opting for the Global version of Virtual Rehabilitation and Telerehabilitation Systems Market analysis is provided for major regions as follows:
North America (The US, Canada, and Mexico)
Europe (the UK, Germany, France, and Rest of Europe)
Asia Pacific (China, India, and Rest of Asia Pacific)
Latin America (Brazil and Rest of Latin America)
Middle East & Africa (Saudi Arabia, the UAE, South Africa, and Rest of Middle East & Africa)
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Current and future of global Virtual Rehabilitation and Telerehabilitation Systems market outlook in the developed and emerging markets
The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period.
Regions/countries that are expected to witness the fastest growth rates during the forecast period
The latest developments, market shares, and strategies that are employed by the major market players
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Major Point Answered in Virtual Rehabilitation and Telerehabilitation Systems Market Research Study are:
What will be the progress rate of the Virtual Rehabilitation and Telerehabilitation Systems Market for the conjecture period, 2020-2027?
What are the prominent factors driving the Virtual Rehabilitation and Telerehabilitation Systems Market across different regions?
Who are the major vendors dominating the Virtual Rehabilitation and Telerehabilitation Systems industry and what are their winning strategies?
What will be the market scope for the estimated period?
What are the major trends shaping the expansion of the industry in the coming years?
What are the challenges faced by the Virtual Rehabilitation and Telerehabilitation Systems Market?
Actual Numbers & In-Depth Analysis, Business opportunities, Market Size Estimation Available in Full Report.
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