Telerehabilitation is becoming increasingly vital in Europe's healthcare systems due to its advantages of improving accessibility and reducing costs. Telerehabilitation utilizes digital technologies to deliver rehabilitation services remotely, enabling patients to receive care in their own homes. This reduces transportation difficulties and allows for customized, ongoing therapy beyond hospital or clinic settings. Physiotherapists can monitor patients' recovery progress, make treatment adjustments, and provide consultations virtually. The need for telerehabilitation is growing across Europe as the population ages and chronic conditions rise. With its convenience and cost-effectiveness, telerehabilitation helps alleviate pressures on hospitals and long-term care facilities.
The Europe Telerehabilitation Skilled Nursing Care Center Market Demand is estimated to be valued at US$ 17.94 Bn in 2024 and is expected to exhibit a CAGR of 8.1% over the forecast period 2024 to 2030.
Key Takeaways
Key players operating in the Europe Telerehabilitation Skilled Nursing Care Center market are Wockhardt, SEDICO, Exir, Julphar, Biocon, Eli Lilly, Sanofi Aventis, and Novo Nordisk AS. These companies are focusing on developing advanced telerehabilitation solutions and establishing partnerships with healthcare providers to expand access across the region.
There is substantial scope for telerehabilitation services in post-acute and long-term care. Adopting telerehabilitation can help skilled nursing facilities enhance service quality, clinical outcomes, and staff efficiency. It also allows seniors to receive therapy and consultations from the comfort of their homes for improved quality of life.
Countries across Europe are increasingly supporting investments and programs boosting digital transformation of their healthcare infrastructures. This augers well for the growth of telerehabilitation as governments aim to provide high-quality, accessible, and affordable care. Established players are actively exploring overseas markets and forging international collaborations to strengthen their presence across Europe.
Key drivers:
- Rising geriatric population and prevalence of chronic diseases driving demand for telehealth and remote patient monitoring solutions.
- Growing focus on reducing healthcare costs and wait times encouraging uptake of digital health technologies.
- Increasing government initiatives and funding to modernize healthcare infrastructure and expand telehealth adoption.
Key restraints:
- Lack of reimbursement and inadequate payment models limiting widespread commercialization of telerehabilitation services.
- Absence of standardized regulations and data privacy laws raising security and safety concerns among patients and physicians.
- Limited internet connectivity and technology adoption in rural areas hindering access.
Segment Analysis
The Europe telerehabilitation skilled nursing care center market is segmented based on application and modality. Within applications, stroke leads the market. Stroke patients require long term care and rehabilitation. Telerehabilitation allows continuous monitoring and therapy of stroke patients reducing burden on caretakers. Among modalities, virtual reality segment holds major share due to advantages of virtual reality in engaging patients, tracking progress, and aiding recovery. Virtual rehabilitation games and tools keep patients motivated during recovery.
Global Analysis
Regional analysis : Western Europe dominatesEurope telerehabilitation skilled nursing care center market owing to high healthcare expenditure and widespread adoption of advanced technologies. Countries like Germany, UK, France have high number of skilled nursing care centers implementing telerehabilitation. On other hand, Eastern Europe is fastest growing region due to increasing initiatives to provide quality long term care through telehealth. Governments are promoting digital healthcare to reach rural areas.
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