According to Coherent Market Insights, the Europe telerehabilitation systems market is estimated to be valued at US$ 56.8 million in 2020 and is expected to exhibit a CAGR of 9.1% during the forecast period (2020-2027).
Key Trends and Analysis of the Europe Telerehabilitation Systems Market:
The Europe telerehabilitation systems market is expected to witness significant growth owing to the increasing prevalence of stroke. According to the American Heart Association, in 2017, there were 1.12 million stroke incidents in the European Union, 9.53 million stroke survivors, 0.46 million deaths, and 7.06 million disability-adjusted life years were lost because of stroke.
Moreover, according to data published by the European Academy of Neurology (EAN), in 2017, around 220.7 million people in Europe were suffering from at least one neurological disease, and out of these, around 8.2 million people suffered a stroke.
Launch of telerehabilitation systems is also expected to drive the growth of the Europe telerehabilitation systems market. For instance, in 2014, CoRehab srl launched Riablo, a device designed to support physiotherapists in their everyday work with patients.
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Key Market Takeaways:
The Europe telerehabilitation systems market is expected to exhibit a CAGR of 9.1 % during the forecast period (2020-2027) due to increasing clinical research conducted for rehabilitation of patients suffering cardiac diseases. For instance, in May 2018, American Heart of Poland conducted a trial on myocardial revascularization patients. The main reason of this trial was to study the efficacy of telemedicine in optimal cardiac rehabilitation program in 1,000 patients.
Germany is expected to be the most lucrative region in the telerehabilitation systems market due to presence of major players such as Doctor Kinetic and Virtualware Group. Moreover, developed healthcare infrastructure and various policies supporting telerehabilitation are also expected to aid in growth of the market in Germany.
Key players operating in the Europe telerehabilitation systems market are 270 Vision Ltd., CoRehab srl, SWORD Health, S.A., MIRA Rehab Limited, re.flex, Evolv Rehabilitation Technologies S.L., Brontes Processing Ltd., Bridgeway Senior Healthcare, Rehametrics, MindMaze , DIH Medical and Doctor Kinetic.
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Europe Telerehabilitation Systems Market, By Component:
Europe Telerehabilitation Systems Market, By Application:
Europe Telerehabilitation Systems Market, By End User:
Home Care Settings
Europe Telerehabilitation Systems Market, By Country:
Rest Of Europe
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