Due to the increased incidence of chronic diseases, the rise in the number of people with disabilities, and the rising population of baby boomers, there is a significant demand for Home Rehabilitation Services Market. More than 1 billion people worldwide live with a handicap, according to the World Health Organisation. Some disabilities-related health issues will lead to inadequate healthcare requirements. Access to healthcare and rehabilitation services is extremely difficult for people with disabilities in the majority of the world.
Patients receiving home care must not only recognise the stimuli of each subject, apply them in daily life, and increase the frequency of training sessions, but also observe delicately and get compassionate attention. A subject would feel less anxious as a result of such a plan, which would also inspire them and provide them peace of mind.
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The global market for home rehabilitation services was estimated to be worth over US$ 84.1 billion in 2021, and Future Market Insight’s most recent report predicts that it will grow at a CAGR of over 4.8% from 2022 to 2032.
The rising trend of home healthcare government backing and initiative, the increased acceptance of telerehabilitation and e-health, and the greater knowledge of the advantages of home rehabilitation services among doctors and patients will all create even more alluring possibilities for market expansion.
“Increasing popularity of telehealth services, along with growing demand for ortho rehabilitation will augment the growth in the market over the assessment period,” says an FMI analyst.
Key Takeaways:
- Sales in the ortho rehabilitation segment are forecast to increase at a 5% CAGR over the assessment period.
- The U.S. will dominate the North America home rehabilitation services market and held 92.8% of the total market share in 2021.
- Demand for home rehabilitation services in China will grow at a 5% CAGR through 2032.
- Australia will emerge as a lucrative pocket, with demand growing at a 4.6% CAGR over the forecast period.
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Which Factors are Restraining the Demand for Home Rehabilitation Services?
Despite the growing scope of services in the developed countries, home tele-rehabilitation services tend to face many challenges across developing economies. Factors such as the lack of physician skills required in e-health, apprehensions associated with data privacy, and the dearth of national e-health policies, will hinder the growth in the home rehabilitation services market.
Most of the healthcare professionals are not well acquainted with the latest information technologies, and also find it difficult to handle modern gadgets. There is a lack of telemedicine experts in many developing countries, which can hamper demand for home rehabilitation services.
Competition Landscape:
Key service providers are collaborating at all levels of the health system to develop technical, policy, and research capability, as well as increase political commitment and inspire leadership.
Various manufacturers are also utilising modern technologies and supporting simple, low-cost service delivery methods to provide access to rehabilitation in the home and community, which is where it is most needed. For instance:
- In late 2020, ReLAB-HS launched a five-year initiative adapted to satisfy the growing need for physical rehabilitation services in low- and middle-income countries.
More Insights into Home Rehabilitation Services Market Report
Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2032.
The global home rehabilitation services market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader. The study provides compelling insights on the home rehabilitation services market segment based on By services– (ortho rehabilitation, neuro rehabilitation, cardiopulmonary rehabilitation, geriatric rehabilitation, and others), and across seven major regions.
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Key Market Segments Covered in Home Rehabilitation Services Industry Research
By Service Type:
- Ortho Rehabilitation
- Neuro Rehabilitation
- Cardiopulmonary Rehabilitation
- Geriatric Rehabilitation
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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