The increased prevalence of chronic diseases such as cancer, COPD, and autoimmune diseases is attributed to the adoption of a sedentary lifestyle. The growing incidence of cancer has increased the need for cancer treatment. Telerehabilitation programs for cancer patients help improve their fitness and reduce the side effects of cancer treatment such as pain and fatigue, thereby improving the quality of life. Telerehabilitation for COPD among elderly patients is convenient, as home-based telerehabilitation can dispense rehabilitation services in hospitals or clinics for patients requiring physical therapy follow-up.
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Thus, rising aging population worldwide, high incidence of chronic diseases, and increasing disposable income globally are few significant factors that drive the adoption of advanced healthcare services such telerehabilitation during the forecast period. Our analysts have predicted that the telerehabilitation systems market will register a CAGR of almost 18% by 2023.
Imbalance between high patient influx and understaffing at health centers
High incidence of chronic diseases increases patient visits and hospital overstays wo wide. Resource limitation, staff deficiency, and variability in patient inflow contribute to emergency department overcrowding, associated with delayed care, poor care, and poor patient outcomes. Telehealth services such as telerehabilitation will help address such challenges in the healthcare industry.
Complexities in implementation
The implementation of telerehabilitation solutions requires a stable Internet connection that can run various applications for hospitals. Also, healthcare providers and hospitals face difficulty in providing telerehabilitation services across rural regions due to the lack of fast and reliable Internet connection. Therefore, with broadband largely inaccessible to people in rural areas, it is difficult to adopt telerehabilitation products and services, thereby hampering the growth of the market.
For the detailed list of factors that will drive and challenge the growth of the telerehabilitation systems market during the 2019-2023, view our report.
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The telerehabilitation systems market appears to be mildly fragmented and with the presence of several vendors. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
– 2.1 Preface
– 2.2 Preface
– 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
– Market ecosystem
– Market characteristics
– Market segmentation analysis
PART 04: MARKET SIZING
– Market definition
– Market sizing 2018
– Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
– Bargaining power of buyers
– Bargaining power of suppliers
– Threat of new entrants
– Threat of substitutes
– Threat of rivalry
– Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
– Market segmentation by product
– Comparison by product
– Hardware – Market size and forecast 2018-2023
– Software – Market size and forecast 2018-2023
– Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE